Investors brace for another volatile week
Investors brace for another volatile week
Bruised financial markets face another volatile week as investors assess the impact of the US Federal Reserve’s latest rise in interest rates, the ongoing US-China trade rift and fears of a banking crisis in Italy. The Aus
Labor holds on to strong poll lead
The latest Fairfax-Ipsos poll shows Labor leading the Coalition by 55 per cent to 45 per cent on a two-party preferred basis. The Fin
Morrison takes fight to Shorten
An exclusive Newspoll conducted for The Australian shows the Coalition continuing to peg back Labor’s commanding lead, with the two-party-preferred vote tightening a further point to 53-47, and three points since Mr Turnbull was forced from office in August. The Aus
ALP floats huge NBN writedown
Fixing the broken business model of the National Broadband Network will be Labor’s key priority if it comes to power at the next election, with a potential multi-billion dollar write-down a live option, according to the opposition communications spokeswoman Michelle Rowland. The Aus
Budget could balance this financial year
The federal government could return the budget to balance this financial year, 12 months earlier than forecast, but that would require spending restraint ahead of the federal election, leading budget economist Chris Richardson said.. The Fin
Delays to TPP put $15.6bn benefits at risk: Birmingham
Trade and Investment Minister Simon Birmingham has warned that key Australian industry sectors including steel, wine and agriculture would be disadvantaged if the Trans-Pacific Partnership trade deal. The Aus
Optus Stadium, Park take top awards
Perth’s Optus Stadium and Stadium Park have won two of the country’s top awards for landscape architecture for transforming the previously underused site on the Burswood Peninsula into a new gateway to the WA capital. The Fin
The Australian Financial Review
Page 1: The latest Fairfax-Ipsos poll shows Labor leading the Coalition by 55 per cent to 45 per cent on a two-party preferred basis.
Telstra is bracing for a first strike at its annual general meeting on Tuesday, with the majority of industry superannuation funds to vote against the troubled telco’s executive pay report.
Page 2: Pressure is growing on both sides of federal politics to unleash the competition regulator on the banks, despite the move being deeply opposed by incumbent regulators.
Page 5: The Morrison government is being marked down for its handling of immigration with fewer than one-third of all voters approving of the job it is doing.
Page 6: The federal government could return the budget to balance this financial year, 12 months earlier than forecast, but that would require spending restraint ahead of the federal election, leading budget economist Chris Richardson said.
More than half of all homes auctioned likely failed to sell for a third week running, as tight credit curbs hit buyers and threatened to slow the market further.
Page 10: A new attempt by the International Monetary Fund to comprehensively measure the health of government balance sheets has given Australia one of the world’s top rankings.
Page 16: Interest rates may be reduced on loans Rio Tinto makes to the Mongolian company that owns the Oyu Tolgoi copper mine, according to reports from the Asian nation in recent days.
Page 17: Valuations of financial planning firms are under pressure, with experts saying valuations could halve or worse, leaving some planners more than $1 million out of pocket as the adviser exodus picks up steam.
Page 31: A hard landing in the housing market could spell trouble for major residential developers Mirvac and Stockland, with earnings that could be clipped by as much as 15 per cent, according to Morgan Stanley.
Page 32: Perth’s Optus Stadium and Stadium Park have won two of the country’s top awards for landscape architecture for transforming the previously underused site on the Burswood Peninsula into a new gateway to the WA capital.
The Australian
Page 1: An exclusive Newspoll conducted for The Australian shows the Coalition continuing to peg back Labor’s commanding lead, with the two-party-preferred vote tightening a further point to 53-47, and three points since Mr Turnbull was forced from office in August.
Trade and Investment Minister Simon Birmingham has warned that key Australian industry sectors including steel, wine and agriculture would be disadvantaged if the Trans-Pacific Partnership trade deal.
Page 2: Nationals MPs have declared a new class of agriculture visa is “not dead” and vowed to continue pushing for the policy in the partyroom, amid warnings that Scott Morrison’s proposal to get unemployed Australians working on farms did not go far enough.
Page 6: The Morrison government’s workplace regulator has urged the nation’s peak employer groups to assist its investigation into the looming ACTU protest rallies by keeping records of workers who do not get permission to join the anti-Coalition protests.
Page 17: Fixing the broken business model of the National Broadband Network will be Labor’s key priority if it comes to power at the next election, with a potential multi-billion dollar write-down a live option, according to the opposition communications spokeswoman Michelle Rowland.
James Packer’s Crown Resorts group has launched legal action seeking a $100m refund from the tax office for GST on payments to junket operators over the past decade.
Page 18: Publican Bruce Mathieson is understood to have hired a US investment bank ahead of plans for a potential initial public offering of ALH Group, which he owns in conjunction with Woolworths.
Page 19: Bruised financial markets face another volatile week as investors assess the impact of the US Federal Reserve’s latest rise in interest rates, the ongoing US-China trade rift and fears of a banking crisis in Italy.
The West Australian
Page 1: The State Government has directed Police Commissioner Chris Dawson to review road rules and fines and make Aboriginal crime and incarceration rates the “key priorities” of his five-year contract.
Page 3: Former WA Liberal Party leader Matt Birney has revealed that a money transfer company, which collapsed last week costing hundreds of WA investors up to $100 million, wanted to sign him up as a non-executive director.
Page 6: The Federal Government’s planned GST fix is facing pressure from within as Liberal MPs press for a guarantee to ensure their States are not made worse off by the $9 billion proposal.
Page 7: Mental stress claims by public servants have risen by 40 per cent in two years with work pressures, harassment and exposure to violence and trauma behind more than $28 million in compensation claims lodged with the Insurance Commission of WA.
Page 22: US administration officials have canvassed the McGowan Government on ways for American companies to help develop WA’s battery minerals resources as a global race for technological supremacy develops.
Business: Demand for WA-produced honey has increased in the face of the fake honey scandal after a report found all samples tested from this State were pure.
Augusta-based Ocean Grown Abalone will embark on its next stage of growth by starting construction of its processing facility.