16/01/2018 - 05:59

Morning Headlines

16/01/2018 - 05:59

Bookmark

Save articles for future reference.
Morning Headlines

Qantas ‘corrects’ how it talks about Taiwan

Australian companies are scrambling to ‘‘correct’’ the way they refer to Taiwan, Hong Kong and Macau after a clampdown by Beijing on the Marriott International hotel chain and other foreign firms for describing the locations as countries. The Fin

Alinta’s plan to rattle AGL and Origin

Alinta Energy chief executive Jeff Dimery has declared the Chineseowned power producer and retailer can more than double its customer base within five years, thanks to its acquisition of the Loy Yang B coal generator in Victoria, posing a challenge to the country’s ‘‘big three’’ players. The Fin

US expert to improve Centrelink call service

The Federal Government has drafted a US call centre expert to improve how Centrelink interacts with customers, the new Human Services Minister Michael Keenan has revealed, as the coalition pushes ahead with a major digital shake-up of the portfolio to encourage more users online. The West

WA farmers share in CBH profit bonanza

Australia’s biggest grain exporter has hosed down suggestions its record profit will reignite debate about whether it should continue to operate as a non-distributing co-operative. The Fin

Australia Day change ‘won’t fix anything’

WA’s first Aboriginal magistrate Sue Gordon says indigenous Australians face “far more important” issues than changing the date of Australia Day. The West

Safety alert over old planes

More than 1000 planes 60 years or older are still being flown in Australia — including those being used for commercial joy flights — despite warnings from the Federal Government’s transport bureau that pilots need to be more aware of the risks of “vintage” aircraft. The West

African mine lift for Perseus

Shares in Perseus Mining surged yesterday after the West Africa-focused gold miner announced its new $US107 million Sissingue mine in Ivory Coast would be in production by the end of the month. The West

 

 

The Australian Financial Review

Page 1: A key ratings agency has warned the banking royal commission could trigger higher costs of borrowing, as Coalition MPs demanded that victims be the centrepiece of the royal commission.

Page 3: Australian companies are scrambling to ‘‘correct’’ the way they refer to Taiwan, Hong Kong and Macau after a clampdown by Beijing on the Marriott International hotel chain and other foreign firms for describing the locations as countries.

Page 4: James Packer’s decision to end his alliance with fellow billionaire Lawrence Ho and retreat to Australia has already cost him and his fellow investors $2.5 billion – and a big stake in one of the world’s most ambitious casino operators.

Page 5: Private health funds want wealthy Australians who refuse to take out basic hospital cover to be hit with a surcharge of up to 2 per cent.

Page 7: The nation’s peak motorists group has called for an end to delays in starting a review into road user charging, warning the failure of electric cars to contribute to road works through fuel excise was being exacerbated as more and more vehicles hit the streets.

Page 12: Ford Motor Co will significantly increase its planned investments in electric vehicles to $US11 billion ($13.8 billion) by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, chairman Bill Ford said on Sunday at the Detroit auto show.

Page 13: Alinta Energy chief executive Jeff Dimery has declared the Chinese-owned power producer and retailer can more than double its customer base within five years, thanks to its acquisition of the Loy Yang B coal generator in Victoria, posing a challenge to the country’s ‘‘big three’’ players.

Page 16: Lithium prices will peak in 2018 as a wave of new supply from Australian mines outstrips short-term demand, according to business intelligence firm Roskill.

Page 23: Australia’s biggest grain exporter has hosed down suggestions its record profit will reignite debate about whether it should continue to operate as a non-distributing co-operative.

 

 

The Australian

Page 3: The International Monetary Fund is concerned Chinese aid to developing countries is laying the ground for a future debt crisis, saying some recipients of Chinese loans linked to aid projects face unsustainable debt burdens.

Page 13: The owners of Darrell Lea have reaped about $200 million from the sale of the confectionary company to Quadrant Private Equity.

The president and chief executive of global supermarket giant Walmart has singled out Australian executive and one-time candidate for the CEO role at Woolworths, Greg Foran, for doing a “masterful” job running Walmart’s US operations.

Page 14: The Australian Council of Trade Unions has received more than 400 submissions complaining about the behaviour of banks, ACTU president Ged Kearney said yesterday.

Page 15: Sandalwood grower Quintis has requested another extension of its voluntary suspension, as the company works towards a recapitalisation transaction.

Page 18: Class action lawyers are circling embattled novelty chocolate maker Yowie over whether it misled the market ahead of the resignation of its chief executive and a shock revenue downgrade a fortnight ago.

 

 

The West Australian

Page 3: WA’s first Aboriginal magistrate Sue Gordon says indigenous Australians face “far more important” issues than changing the date of Australia Day.

Page 4: WA is predicted to be one of the most affordable places in Australia to educate a child born this year, according to figures released today.

Page 5: The former high-flyer accused of being the mastermind behind a $250 million Pilbara property Ponzi scheme is trying to persuade investors to cough up $40 to attend the launch of a book she is writing about her life and works — which she has titled The Great Australian Ponzi.

Page 10: The Federal Government has drafted a US call centre expert to improve how Centrelink interacts with customers, the new Human Services Minister Michael Keenan has revealed, as the coalition pushes ahead with a major digital shake-up of the portfolio to encourage more users online.

Page 11: One of WA’s most prominent transport academics has urged the State Government to engage in “trial and error” with Perth’s transport network rather than lock thousands of Perth Scorchers fans out of a home semi-final at the new Optus Stadium.

Page 12: Perth researchers have discovered that commonly used cholesterol-lowering drugs can trigger type 2 diabetes.

Page 20: More than 1000 planes 60 years or older are still being flown in Australia — including those being used for commercial joy flights — despite warnings from the Federal Government’s transport bureau that pilots need to be more aware of the risks of “vintage” aircraft.

Business: Goldfields Money and mortgage wholesaler Finsure have finally signed off on their $60 million merger but the tie-up remains subject to the approval of Federal Treasurer Scott Morrison.

Shares in Perseus Mining surged yesterday after the West Africa-focused gold miner announced its new $US107 million Sissingue mine in Ivory Coast would be in production by the end of the month.

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options