19/01/2018 - 06:17

Morning Headlines

19/01/2018 - 06:17

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Woodside revs up China gas push

Rampant Chinese gas demand has given fresh momentum to Woodside Petroleum’s ambitious Browse and Scarborough gas projects, with chief executive Peter Coleman revealing the company is reinvigorating its LNG marketing push there. The Fin

WA jobs boost as economy improves

A record 1.34 million West Australians had a job in December, as the unemployment rate dipped sharply amid signs of an economic turnaround. The West

In or out: March deadline set for TPP

Prime Minister Malcolm Turnbull is prepared to sign the Trans-Pacific Partnership free trade deal with or without Canada and Mexico, setting a March deadline and declaring the pact is needed urgently to defy creeping global protectionism. The Fin

Myer shakes up C-suite with 50 key jobs to go

Embattled department store retailer Myer has shaken up senior management and shed another 50 head office jobs after posting an unprecedented fall in sales before Christmas. The Fin

Builders hit as demand for units declines

Builders across Australia’s east coast are starting to feel the squeeze as demand for apartment construction weakens amid a falloff in foreign buyers and the threat of interest rate rises. The Aus

20,000 by 2pm target for stadium

One-third of Optus Stadium’s capacity crowd of 60,000 people would have to be through the gates by 2pm to help relieve the need for a cap on a possible Scorchers semi-final, Transport Minister Rita Saffioti believes.

WA staff in Mongolia visa row

Workers from Hofmann Engineering in Bassendean are at the centre of a tense stand-off between the Mongolian Government and western contractors working on Rio Tinto’s Oyu Tolgoi mine in the Gobi Desert. The West

 

 

The Australian Financial Review

Page 1: Prime Minister Malcolm Turnbull joined economists in hailing a booming labour market after data released yesterday showed the economy recorded its strongest year of jobs growth since the global financial crisis.

Page 5: Prime Minister Malcolm Turnbull is prepared to sign the Trans-Pacific Partnership free trade deal with or without Canada and Mexico, setting a March deadline and declaring the pact is needed urgently to defy creeping global protectionism.

Page 7: Skills shortages are starting to form in the wake of last year’s record jobs growth, with renewable energy, tourism and technology industries increasingly struggling to find workers.

Page 11: Australia’s peak cotton growers group has savaged the ABC for its coverage of rural industries, warning it is sensationalist, lacks impartiality and risks damaging agriculture’s reputation overseas.

Page 13: Amid the wild Bitcoin ride that’s wiped more than 40 per cent off the cryptocurrency’s price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.

Page 17: Embattled department store retailer Myer has shaken up senior management and shed another 50 head office jobs after posting an unprecedented fall in sales before Christmas.

Page 19: Rampant Chinese gas demand has given fresh momentum to Woodside Petroleum’s ambitious Browse and Scarborough gas projects, with chief executive Peter Colemanrevealing the company is reinvigorating its LNG marketing push there.

Page 22: ANZ Banking Group has reached a settlement with the corporate watchdog over dodgy loans approved through its former car finance business Esanda, agreeing to pay a $5 million fine.

 

 

The Australian

Page 1: Australian and Japanese fighter jets will carry out joint military exercises for the first time this year, as the two nations boost their defence co-operation.

Page 3: Heatwave takes toll on tennis stars Large parts of south eastern Australia remain in the grip of a hot spell, with temperatures in Melbourne and Adelaide set to top 40C today, raising safety fears for competitors and spectators at the Australian Open tennis and Tour Down Under cycling.

Page 15: Builders across Australia’s east coast are starting to feel the squeeze as demand for apartment construction weakens amid a falloff in foreign buyers and the threat of interest rate rises.

Page 17: Australian business is embracing Amazon’s new personal assistant Alexa as a way of making services available inside households.

Page 20: Australia’s largest pilot union is demanding a review of the use of foreign pilots in regional areas, arguing there are hundreds of young bush pilots who could fill the vacancies.

 

 

The West Australian

Page 1: A record 1.34 million West Australians had a job in December, as the unemployment rate dipped sharply amid signs of an economic turnaround.

Page 3: The United Firefighters Union has taken industrial action to stop the Department of Fire and Emergency Services appointing non-firefighters to leadership positions without the union’s approval.

Page 4: One-third of Optus Stadium’s capacity crowd of 60,000 people would have to be through the gates by 2pm to help relieve the need for a cap on a possible Scorchers semi-final, Transport Minister Rita Saffioti believes.

Page 7: Federal Government frontbencher Ken Wyatt believes Australia becoming a republic would provide the “resetting of the nation’s psyche” required to shift Australia Day from January 26.

Page 18: Social demographer Mark McCrindle said the issue intensified during school holidays when parents with full-time jobs struggled to find activities for their children and resorted to smartphones or TVs to entertain.

Business: Workers from Hofmann Engineering in Bassendean are at the centre of a tense stand-off between the Mongolian Government and western contractors working on Rio Tinto’s Oyu Tolgoi mine in the Gobi Desert.

Leederville-based engineering firm Minnovo will be absorbed by bigger global rival DRA in an undisclosed cash-and-scrip deal with the local firm’s five partners.

Drilling services group Imdex has put its foot on a $30 million New Zealand company boasting technologies that promise to deliver major benefits to its clients.

New uses for wool in sneakers such as adidas AG’s marquee Ultra Boost helped drive prices to a record and they will climb further this year, according to Australian Wool Innovation.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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