15/02/2018 - 06:12

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15/02/2018 - 06:12

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Myer rescue strategy in tatters

The future of department store Myer is under a cloud after the board dumped its chief executive, saying ‘‘urgent’’ action was needed to stem a fall in sales and earnings which threatens agreements with banks and landlords. The Fin

Paladin returns to ASX after painful rebirth

The painful rebirth of failed uranium miner Paladin Energy will end tomorrow when the company formally resumes trading on the ASX, more than seven months after it first slipped into administration. The Aus

Health alarm at new liquor laws

Tourism and economic considerations should not have equal weighting with concerns about alcohol-related harm when weighing up liquor licensing applications, WA’s health sector warned yesterday. The West

Barnaby worked alongside lover after she left his office

Barnaby Joyce and his secret lover continued to work closely together months after she was put on the payrolls of other MPs - transfers designed to ensure the Deputy Prime Minister avoided breaching the ministerial code of conduct. The West

Defence aims for affordable weaponry

A senior military chief has urged defence contractors to temper their expectations of trying to sell Australia the latest high-end yet unproven and expensive weapons, with Defence focused on acquiring military kit that is reliable and affordable. The Fin

AustralianSuper gets in first to adopt new insurance standards

AustralianSuper has become the first superannuation scheme to sign up to the insurance code of practice amid hopes that many more will follow suit. The Fin

Tax breaks call to keep coal firing

The head of the International Energy Agency has called on Australia to follow the US lead and provide tax subsidies for carbon capture technology to drive down electricity prices and secure supply. The Aus

 

 

The Australian Financial Review

Page 1: The future of department store Myer is under a cloud after the board dumped its chief executive, saying ‘‘urgent’’ action was needed to stem a fall in sales and earnings which threatens agreements with banks and landlords.

Page 3: Pauline Hanson says she is worried about the NDIS scheme blowing out in cost.

Page 6: Businessman and estranged son of Gina RinehartJohn Hancock, has intervened in the leadership crisis surrounding Barnaby Joyce, describing the Deputy Prime Minister as ‘‘dangerous to Australia’’.

Page 7: A senior military chief has urged defence contractors to temper their expectations of trying to sell Australia the latest high-end yet unproven and expensive weapons, with Defence focused on acquiring military kit that is reliable and affordable.

Page 8: Corporate Australia is showing few signs of fear that last week’s financial market turmoil will derail a US-led recovery spurring local firms to boost investment, hiring and profitability.

Page 9: The Coalition did deliver one million new jobs in its first five years – just as then Opposition Leader Tony Abbott promised.

Page 10: Rabobank has warned the Australian wheat industry there is no end in sight to erosion in market share in South-East Asia after a plunge in exports to start the year.

Page 15: Woodside Petroleum has surprised the market with a super-sized $2.5 billion equity raising as it asks investors to back a revamped LNG expansion initiative in Western Australia, despite worries about costs and a top-heavy weighting in the portfolio toward WA gas.

Page 18: AustralianSuper has become the first superannuation scheme to sign up to the insurance code of practice amid hopes that many more will follow suit.

 

 

The Australian

Page 1: The head of the International Energy Agency has called on Australia to follow the US lead and provide tax subsidies for carbon capture technology to drive down electricity prices and secure supply.

Page 5: Embattled Border Force Commissioner Roman Quaedvlieg has expressed frustration at the extraordinary length of time authorities have taken to investigate allegations he abused his power by giving his new partner a job.

Page 18: The painful rebirth of failed uranium miner Paladin Energy will end tomorrow when the company formally resumes trading on the ASX, more than seven months after it first slipped into administration.

Equity capital market bankers are hoping Australian companies follow the lead of Woodside and push on with major deals, like the $2.5 billion capital raising ordered yesterday, despite the volatility in global financial markets.

Shares in global share registry Computershare climbed close to 5 per cent after the company posted solid results for the first half of the year, boosted by growth in its US business.

Pizza giant Dominos has rebuffed analyst concerns it is likely to face increasing challenges to second-half growth, with chief executive Don Meij confident the company will deliver on its ambitious full-year growth target.

Page 23: Landlord Dexus has risen the office boom to deliver a near 40 per cent lift in first-half after-tax profit to $997.1 million with chief executive Darren Steinberg saying the market would see another two to three years of buoyant conditions.

 

 

The West Australian

Page 1: Barnaby Joyce and his secret lover continued to work closely together months after she was put on the payrolls of other MPs - transfers designed to ensure the Deputy Prime Minister avoided breaching the ministerial code of conduct.

Page 3: Labor frontbencher Dave Kelly says the phrase “Blind Freddy” is an affront to “those of us who are disability access conscious”, prompting a debate about the collision between Australian vernacular and political correctness.

Page 7: One of Perth’s most prestigious surf lifesaving clubs is facing a legal battle, accused of ignoring its working with children responsibilities.

Page 11: The head of the Water Corporation has acknowledged households may be paying too much for their water bills after years of big price rises by successive State governments.

Page 12: Tourism and economic considerations should not have equal weighting with concerns about alcohol-related harm when weighing up liquor licensing applications, WA’s health sector warned yesterday.

Page 13: An annual travel allowance for MPs is under threat after Premier Mark McGowan was prompted into reviewing the system by Opposition criticism.

Page 14: WA smallgoods institution D’Orsogna has announced a $65 million expansion into Melbourne.
Page 20: Long-suffering British retirees living in Australia are calling on Prime Minister Malcolm Turnbull to confront British Prime Minister Theresa May over their “frozen” state pensions.

Business: Long-term Woodside employee Shaun Gregory has emerged as a potential leader of the oil and gas company after a management reshuffle.

Premium Grain Handlers managing director John Orr said the introduction of tariffs by India, Australia’s biggest customer of field peas, lentils and chickpeas, had dealt a major confidence blow to farmers who were now planning their 2018 crops.

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