Data stolen in cyber-attack on shipbuilder
Data stolen in cyber-attack on shipbuilder
Australian shipbuilding firm Austal has been the victim of a major extortion attempt with cyber criminals operating out of the Middle East threatening to sell reams of data stolen from the company. The Aus
Shell leads exploration hunt off WA
Shell beat one rival bidder to secure two permits in the Browse Basin and one in the Timor Sea, all off the northwest coast, with a commitment of a combined $117.6 million of work for the next three years. The Fin
Report flat on battery making
The global explosion in demand for batteries will power WA mining but is unlikely to deliver a new manufacturing industry to the State, a special investigation of the burgeoning sector has found. The West
Footy at Optus kicking goals for WA tourism
Optus Stadium is proving an economic powerhouse for WA, with data showing more than 66,000 people travelled to Perth to watch the football last season— and spent almost $66 million. The West
NAB to end aggressive home loan discounting
The decision by National Australia Bank chief executive Andrew Thorburn to stop chasing new business with aggressive discounts and to reward loyal customers has put the bank in uncharted territory after delivering a result that revealed further deterioration in its net interest margin. The Fin
Big piggery fails as low prices bite
Tough times in the Australian pork industry have claimed WA’s third-biggest piggery GD Pork, which this week went into administration. The West
Life savers worth $7.5b over 25yrs
Surf Life Saving WA will spare the community more than $7.5 billion over the next 25 years by preventing death and critical injuries, an analysis of the organisation reveals. The West
The Australian Financial Review
Page 1: Scott Morrison has confirmed that Australia will build a naval base in Papua New Guinea but has insisted the gesture was not motivated by a fear of Chinese influence in the region, but was a product of the longstanding relationship with Port Moresby.
Page 5: Soaring demand for engineers, scientists and coders, the rise in the use of artificial intelligence and an ageing population are set to exacerbate gender inequality in the workplace and put pressure on Australia’s long-term prosperity unless appropriate action is taken, business leaders say.
Page 6: Rich Lister Kerry Stokes has defended a $500 million redesign of the Australian War Memorial, describing national cultural funding as better than anywhere in the world.
Page 7: The weaker than expected third-quarter consumer price index data released this week may have a silver lining: it won’t take much intensity on the wages side to flatter sedentary real wage growth.
Embattled Cricket Australia chairman David Peever has bowed to pressure to resign after key supporters deserted him just days after a damning review into the culture of the organisation.
Page 11: The shifting retail calendar is adding to pressure on retailers as November overtakes December as the biggest shopping month of the year, thanks to promotions such as Singles Day and Black Friday.
Page 17: The decision by National Australia Bank chief executive Andrew Thorburn to stop chasing new business with aggressive discounts and to reward loyal customers has put the bank in uncharted territory after delivering a result that revealed further deterioration in its net interest margin.
Woolworths is attempting to lure back fickle family shoppers who switched to Coles for free plastic groceries and plastic bags by reducing prices on fresh food, baby goods, health foods and ethnic groceries.
Page 23: Shell beat one rival bidder to secure two permits in the Browse Basin and one in the Timor Sea, all off the northwest coast, with a commitment of a combined $117.6 million of work for the next three years.
The Australian
Page 1: Malcolm Turnbull has ignited a new legacy war within the Coalition, putting Scott Morrison on notice that he will publicly defend his record, in a thinly veiled warning that has infuriated the new Prime Minister.
Australian shipbuilding firm Austal has been the victim of a major extortion attempt with cyber criminals operating out of the Middle East threatening to sell reams of data stolen from the company.
Page 17: AMP chairman David Murray has said the sale of the embattled firm’s life insurance arm would make it more attractive to a potential acquirer, as he declined to comment on a possible $7 billionplus tilt by Macquarie Group.
Page 18: US-based private equity firm TPG Capital is tipped to be on the brink of spending $1 billion on the acquisition of an Australian company and most are pointing to pet care business Greencross as the outfit for which the buyout fund is about to pay up.
Euro Garages owner EG Group appears to be in the box seat to buy Woolworths’ $1.8 billion petrol station operations as the supermarket giant’s discount department store Big W remains in the spotlight.
Page 20: BHP chief Andrew Mackenzie says coal-fired power is needed to pull developing nations out of poverty and that the big miner has no plans to stop mining the fossil fuel.
Page 21: Fund manager Perpetual is positioning itself to catch any business that might be shaken out of its rivals by the royal commission as new chief executive Rob Adams admitted the financial sector misconduct inquiry had taken a toll on fund flows across the industry.
The West Australian
Page 1: The parents of Ciara Glennon and Sarah Spiers have looked across a courtroom for the first time into the eyes of the man charged with murdering their daughters — accused Claremont serial killer Bradley Edwards.
Page 5: Surf Life Saving WA will spare the community more than $7.5 billion over the next 25 years by preventing death and critical injuries, an analysis of the organisation reveals.
Qantas has trebled its discounted fares program for residents in selected towns across Australia after a successful 12-month trial.
Page 6: Optus Stadium is proving an economic powerhouse for WA, with data showing more than 66,000 people travelled to Perth to watch the football last season— and spent almost $66 million.
Business: The global explosion in demand for batteries will power WA mining but is unlikely to deliver a new manufacturing industry to the State, a special investigation of the burgeoning sector has found.
Hancock said it was in the process of integrating Atlas into Roy Hill, with the new assets expected to “substantially extend” Roy Hill’s minelife. The asset already has a 17-year minelife with a likely 12-year extension.
Casino company Crown Resorts could be a beneficiary of the AFL’s decision to cut the number of Sunday games at Optus Stadium next year in favour of more Friday night and Saturday fixtures.
Tough times in the Australian pork industry have claimed WA’s third-biggest piggery GD Pork, which this week went into administration.
