$1b lithium jobs boost
$1b lithium jobs boost
Albemarle Corporation will need 500 workers when it builds the $1 billion lithium plant in the Kemerton industrial area. The West
Anghie’s APM to double size
WA disability employment company APM has doubled in size and expanded its footprint to 10 countries after buying a firm that was once owned by former prime minister Kevin Rudd’s wife Therese Rein. The West
Banks push back against Hayne threat
The big four banks have launched a strident defence of vertical integration, lending benchmarks and executive bonuses in a direct challenge to a series of radical and probing questions posed by Commissioner Kenneth Hayne. The Fin
BHP to restart iron ore exports within a week
BHP chief executive Andrew Mackenzie has promised that none of the company’s customers will be left short of iron ore deliveries following a train derailment in Western Australia but says it is too early to predict the financial impact of the incident. The Fin
CBH delays after bumper harvest
Long delays for Mid-West farmers delivering grain this week have been blamed on technicalities in handling the bumper harvest, rather than from cutting staff to save costs, according to Co-operative Bulk Handling. The West
Optus profit dives on NBN rollout halt
Optus has reported a 20 per cent fall in net profit for the first half of the financial year, blaming lower NBN migration charges and workforce restructuring costs. The Fin
Labor crisis over sex scandal
Luke Foley, the man Labor hoped could return the party to power in NSW, sensationally quit as opposition leader yesterday when an ABC reporter accused him of drunkenly placing his hands inside her underwear after a Christmas party. The Aus
The Australian Financial Review
Page 1: The big four banks have launched a strident defence of vertical integration, lending benchmarks and executive bonuses in a direct challenge to a series of radical and probing questions posed by Commissioner Kenneth Hayne.
China has urged Australia to work with it, not against it, in funding regional infrastructure, after Scott Morrison announced $3 billion in loans and grants for the South-West Pacific to try to curb Beijing’s growing influence.
Page 2: Two years after Samsung hired the inventors of Siri to help them with their artificial intelligence platform, Bixby, the electronics powerhouse has finally let them out of their cage.
Page 4: The search for a solution to cover tax treatment of some small business loans could cost operators thousands, with new warnings proposing that it is antibusiness and could lead to double taxation.
Page 7: Major Australian exporters to China have signed billions of dollars in agreements this week, reaffirming trade ties with the world’s second biggest economy but say they are concerned about the negative impact a prolonged trade war between Beijing and Washington will have on their businesses.
Page 13: ASIC has called for a blanket ban on commissions on all general insurance products, as one of a number of reforms for the sector.
Page 17: Corporate Travel Management’s Jamie Pherous believes hiring accounting firm EY to validate its book-keeping has seen off the threat from hedge fund VGI Partners, which has taken a public bet against the high-flying travel firm.
Page 19: The a2 Milk Company chief executive Jayne Hrdlicka believes Chinese authorities will be ‘‘pretty relaxed’’ about the implementation of the new cross-border e-commerce legislation that kicks in from January, following news exporters of baby formula and vitamins will get extra time to comply with the tough new rules.
Page 20: Optus has reported a 20 per cent fall in net profit for the first half of the financial year, blaming lower NBN migration charges and workforce restructuring costs.
Page 24: BHP chief executive Andrew Mackenzie has promised that none of the company’s customers will be left short of iron ore deliveries following a train derailment in Western Australia but says it is too early to predict the financial impact of the incident.
The Australian
Page 1: Luke Foley, the man Labor hoped could return the party to power in NSW, sensationally quit as opposition leader yesterday when an ABC reporter accused him of drunkenly placing his hands inside her underwear after a Christmas party.
Page 2: Scott Morrison has bought crossbencher Bob Katter’s crucial vote as he faces the final two sitting weeks of the year in minority government, after clinching a $230 million deal to “advance the interests” of the maverick independent MP’s far north Queensland constituents.
Page 19: National Australia Bank will join its major rivals in taking an axe to bonus payments this year, in response to blatant misconduct and poor practices uncovered by the Hayne royal commission.
Page 20: Investor moves to sell their shares in McMillan Shakespeare yesterday following the announcement of its $912 million bid to merge with Eclipx were being described by some as poorly judged.
Page 21: Shares in James Hardie plunged more than 14 per cent to a 2½-year low yesterday, after the building materials supplier warned the market its full-year result would be lower than consensus estimates.
The West Australian
Page 1: Albemarle Corporation will need 500 workers when it builds the $1 billion lithium plant in the Kemerton industrial area.
Page 6: Labor leader Bill Shorten says he has no intention of scrapping his policy to end negative gearing tax subsidies for some new property investors despite the slump in the housing market.
Business: WA disability employment company APM has doubled in size and expanded its footprint to 10 countries after buying a firm that was once owned by former prime minister Kevin Rudd’s wife Therese Rein.
Long delays for Mid-West farmers delivering grain this week have been blamed on technicalities in handling the bumper harvest, rather than from cutting staff to save costs, according to Co-operative Bulk Handling.
APA Group shares dived 11 per cent yesterday after Treasurer Josh Frydenberg said he intended to block a $13 billion buyout of the gas pipeline company by Hong Kong’s CK Group.