Morning Headlines
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PM holds policy ground amid byelection belting
Scott Morrison has attributed a record swing against his government at the Wentworth byelection to an angry backlash over dumping Malcolm Turnbull and says there will be no adjustments to policy, including on climate change. The Fin
ERA eyes licensing red tape
WA’s economic watchdog has opened the Pandora’s box of business licensing and is recommending several changes to the regime. The West
Generous donors take Telethon’s total to more than $300 million
Incoming Telethon chairman Richard Goyder has promised to keep building the fundraising beast that has again triggered a mountain of money-giving from West Australians. The West
Three-year wait for rebound
The Perth hotel market could take three years to rebound, the chief executive of listed hotel and entertainment company EVENT has warned. The Fin
WA in to bat for India’s tourists
The State Government plans to make its first major investment in attracting Indian tourists to WA, including appointing a fulltime marketing representative in Mumbai. The West
State’s man in London to chair Anglicare WA
WA agent-general in London, John Atkins, will tonight be endorsed as the new chairman of Anglicare WA. The West
CITIC goes Federal in bid to expand Sino Iron
The Chinese company behind the giant Sino Iron project is taking Clive Palmer back to court — and is drawing the WA Government into the fight — in a bid to force the entrepreneur to allow it to build infrastructure it says is needed to sustain operations at the $US10 billion facility. The West
Union rallies ‘to cost $250m’
Six days of industrial disruption caused by ACTU’s Change The Rules campaign is expected to strip more than $250 million in lost productivity and wages from the national economy. The Aus
The Australian Financial Review
Page 1: Scott Morrison has attributed a record swing against his government at the Wentworth byelection to an angry backlash over dumping Malcolm Turnbull and says there will be no adjustments to policy, including on climate change.
Page 5: Lower-house crossbenchers are preparing a log of claims on policy issues such as climate change and refugees to take advantage of the potentially hung Parliament, but have indicated they are reluctant to bring the Morrison government down.
Deputy Prime Minister Michael McCormack has denied an announcement that could shower millions of dollars of taxpayers’ money on pet infrastructure projects in Nationals-held seats has been timed to shore up his leadership after the seismic Wentworth byelection.
Page 13: The corporate and prudential regulators have become culturally and intellectually captured by the banks and should be made to answer to a Britishstyle financial oversight committee, a forthcoming Federal Law Review paper argues.
Page 28: Seven West Media and News Corp are exploring several strategic tie-ups, including co-productions and marketing initiatives, which would see the pair’s media portfolios work more closely without a corporate transaction.
Page 31: Overall sentiment in commercial property markets has fallen to a two-year low as fears for the retail sector weigh more heavily, according to the quarterly NAB commercial property survey.
Page 32: The Perth hotel market could take three years to rebound, the chief executive of listed hotel and entertainment company EVENT has warned.
The Australian
Page 1: Malcolm Turnbull has come under fire from senior Coalition figures including Scott Morrison and the Liberal Party’s national president for failing to issue a public endorsement for candidate Dave Sharma in the final days of the disastrous Wentworth byelection campaign.
Page 2: Six days of industrial disruption caused by ACTU’s Change The Rules campaign is expected to strip more than $250 million in lost productivity and wages from the national economy.
Page 5: Moderate Liberal MPs have urged Scott Morrison to take action on climate change and embrace the “broad church” of its voters after the mammoth swing in the Wentworth by-election.
Page 17: The former chief economist of failed US investment bank Lehman Brothers has warned that the conditions for a “serious” financial crisis are “intensifying”, scolding regulators for leaving the financial system vulnerable to “doom loops” more than a decade after the GFC began.
Page 18: Navitas suitor BGH Capital was still waiting for news at the weekend as to whether it would be granted access to due diligence after launching a $2 billion bid for the Perth-based education provider
BHP Billiton could be moving closer towards a sale of its $US3 billion ($4.2bn) Mount Arthur Coal business in NSW.
Page 19: Australian biotech giant CSL will receive $3.4 billion over nine years from the federal government to supply fractionated blood plasma products.
Page 22: Beijing is trying to kick its habit of using big-ticket infrastructure spending to fuel the economy, a turning point from a growth model that has left many Chinese cities adorned with empty highrises and underused highways.
The West Australian
Page 6: Incoming Telethon chairman Richard Goyder has promised to keep building the fundraising beast that has again triggered a mountain of money-giving from West Australians.
Page 14: The State Government plans to make its first major investment in attracting Indian tourists to WA, including appointing a fulltime marketing representative in Mumbai.
Business: WA’s economic watchdog has opened the Pandora’s box of business licensing and is recommending several changes to the regime.
Former WA agent-general in London, John Atkins, will tonight be endorsed as the new chairman of Anglicare WA.
The Chinese company behind the giant Sino Iron project is taking Clive Palmer back to court — and is drawing the WA Government into the fight — in a bid to force the entrepreneur to allow it to build infrastructure it says is needed to sustain operations at the $US10 billion facility.