22/01/2018 - 05:59

Morning Headlines

22/01/2018 - 05:59

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Morning Headlines

Stadium lauded as new era of sport dawns

Perth’s new age of sport and entertainment has arrived, with Optus Stadium opening its gates to thousands of people for the first time for a community open day. The West

Palmer paid $200m by mine operator

Clive Palmer has received a courtordered payment of $US164 million ($205 million) from Chinese conglomerate CITIC as it weighs up the future of the Australia’s biggest magnetite mine. The Fin

Rinehart reveals WA Premier clash

Gina Rinehart has lifted the lid on a clash with West Australian Premier Mark McGowan over education services for families living in remote parts of the state. The Fin

Blockchain-backed gold: Mint’s answer to bitcoin

Australia’s biggest gold refiner, The Perth Mint, is developing its own blockchain-backed gold products as it looks to respond to the threat posed by the rise of bitcoin and other cryptocurrencies. The Aus

Electric car plans spark showdown

Energy Minister Josh Frydenberg is facing a partyroom showdown over his support for electric vehicles in Australia, amid industry calls for $7000 tax breaks and concerns the vehicles could have a bigger carbon footprint than internal combustion vehicles. The Aus

Top 10pc gain 80pc of CGT benefits

People earning in excess of $110,000 a year receive more than 80 per cent – or $7.6 billion – of the annual benefits of the capital gains tax discount, new Tax Office figures show. The Fin

ASIC wants to go undercover on dark web

The corporate watchdog wants powers for its investigators to go undercover, warning the emergence of the dark web, virtual currencies, message encryption and cloud computing are impeding the fight against white-collar crime. The Fin

 

 

The Australian Financial Review

Page 1: Chief executives including Qantas boss Alan Joyce have detailed plans to reinvest, create new jobs and lift wages if the Senate agrees to lower the corporate tax rate to 25 per cent.

Page 3: Property auction results were flat over the weekend but lenders are readying to tempt borrowers returning from holidays by slashing more than 200 basis points off loan costs, analysis shows.

Page 4: People earning in excess of $110,000 a year receive more than 80 per cent – or $7.6 billion – of the annual benefits of the capital gains tax discount, new Tax Office figures show.

Page 7: Private school fees are on the rise again, in some cases running at double the rate of inflation, as the cost of technology and infrastructure goes up and schools factor in potential funding changes.

Page 8: The corporate watchdog wants powers for its investigators to go undercover, warning the emergence of the dark web, virtual currencies, message encryption and cloud computing are impeding the fight against white-collar crime.

Gina Rinehart has lifted the lid on a clash with West Australian Premier Mark McGowan over education services for families living in remote parts of the state.

Page 13: The near-drought that has gripped the oil and gas exploration industry for the past three years looks set to break with early signs that more stable commodity prices and lower rig rates are fuelling renewed interest in offshore drilling.

Page 15: Ecofibre, the industrial hemp company chaired by Rich Lister Barry Lambert, plans to list on the ASX later this year.

Page 17: Clive Palmer has received a court-ordered payment of $US164 million ($205 million) from Chinese conglomerate CITIC as it weighs up the future of the Australia’s biggest magnetite mine.

 

 

The Australian

Page 1: Energy Minister Josh Frydenberg is facing a partyroom showdown over his support for electric vehicles in Australia, amid industry calls for $7000 tax breaks and concerns the vehicles could have a bigger carbon footprint than internal combustion vehicles.

Page 5: Vodafone is the latest telco to slash internet prices in response to last month’s National Broadband Network price cuts and will today announce discounts of up to 25 per cent across its products.

Page 15: The corporate watchdog is set to unleash hundreds of undercover shoppers on Australia’s mortgage brokers as part of an investigation into lending standards in the $1.7 trillion home loan system.

Australia’s biggest gold refiner, The Perth Mint, is developing its own blockchain-backed gold products as it looks to respond to the threat posed by the rise of bitcoin and other cryptocurrencies.

Page 16: Expectations are growing that Commonwealth Bank will appoint a new chief executive to replace Ian Narev within two weeks, but whoever takes the job may have to re-evaluate their expectations about remuneration.

Page 17: The lead mine at the centre of a contamination controversy a decade ago could be reopened and listed on the ASX under ambitious plans to add a $US150 million ($187.5m) downstream processing plant.

Page 19: US oil production is expected to surpass Saudi Arabia’s output this year, up-ending a global pecking order that has been a basis for US-Middle Eastern policy for decades.

Page 21: Neville Stevens, who starts work today as chairman of the Press Council, is taking office at a time when industry figures are warning that media freedom in Australia is facing extraordinary challenges.

 

 

The West Australian

Page 4: Perth’s new age of sport and entertainment has arrived, with Optus Stadium opening its gates to thousands of people for the first time for a community open day.

Page 10: A western suburbs council has axed parking fines for most first-time offenders, prompting the number of infringements to plummet.

Page 11: Thousands of students ripped off by dodgy vocational education providers have complained to the Federal Government’s independent watchdog, highlighting widespread bad behaviour in the sector.

Page 12: The cost of renting a home in Port Hedland jumped almost 10 per cent last year — the biggest increase anywhere in WA, according to new rental data.

Page 17: Health funds are charging families up to $3000 a year to cover them for treatment in a public hospital, something they are entitled to for free under Medicare.

Business: The State Government is offering grants of up to $500,000 to farming communities having trouble expanding because of poor digital connectivity.

Seed funding worth $400,000, office space, mentoring and connections around the world are on offer for start-ups trying to break into business, with incubator Spacecubed’s annual Plus Eight program accepting entries until Thursday.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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