Rio find could spark a copper rush
Rio find could spark a copper rush
Rio Tinto’s rumoured copper discovery in a remote corner of Western Australia could trigger a fresh exploration rush and rewrite global geological opinion about the state’s exploration potential. The Aus
China revolt derails APEC
The schism between Washington and Beijing has dramatically widened following the Asia-Pacific Economic Co-operation summit, with no final communique issued after China refused to sign in protest at the language used on reforms to the World Trade Organisation. The Fin
Voters desert Libs
Support for the Federal Liberal Party in WA has collapsed, with women deserting the Morrison Government in a move that puts at risk five seats. The West
Barrambie back on schedule
Chris Reed’s Neometals has dusted off long-stalled plans for its Barrambie titanium-vanadium project 80km north-west of Sandstone on the back of surging prices for the metals. The West
CBA chiefs enter world of Hayne
Commonwealth Bank of Australia chief executive Matt Comyn and chairman Catherine Livingstone will be called to explain the bank’s stubborn defence of flawed processes, faulty products, banker bonuses and clumsy cover-ups when they front the Hayne commission this morning. The Fin
Myer to feel investor heat over sales hit
Myer’s strategy to revive profitability is under pressure after the retailer flagged that first-quarter sales were falling faster than expected and analysts are starting to cut the department store’s fullyear earnings forecasts. The Aus
Asia beckons as costs send Pact packing
The nation’s largest manufacturer of rigid plastic packaging, billionaire Raphael Geminder’s Pact Group, says it will move more of its operations offshore to Asia because of the soaring cost of doing business in Australia. The Aus
The Australian Financial Review
Page 1: The schism between Washington and Beijing has dramatically widened following the Asia-Pacific Economic Co-operation summit, with no final communique issued after China refused to sign in protest at the language used on reforms to the World Trade Organisation.
The monthly poll shows Labor remains in an election-winning position despite the gap narrowing.
Commonwealth Bank of Australia chief executive Matt Comyn and chairman Catherine Livingstone will be called to explain the bank’s stubborn defence of flawed processes, faulty products, banker bonuses and clumsy cover-ups when they front the Hayne commission this morning.
Page 6: Australia will contribute up to $25 million annually and lead efforts with the US, Japan and New Zealand under a $2.3 billion plan to improve access to electricity and the internet in Papua New Guinea.
Page 7: Austrade, Australia’s main trade promotion agency, has warned that Washington’s trade war with Beijing may destabilise Australia’s other existing export markets, which will be seen as ‘‘fair game’’ by US companies looking to sell goods elsewhere.
Page 8: Bonuses for banking and financial service employees increase risk for shareholders and consumers without a commensurate gain inproductivity, analysis by Macquarie University shows.
Page 15: A top hedge fund manager says he is breaking from the short-selling pack and buying electronics retailer JB Hi-Fi because the market is underestimating the resilience of the Australian consumer to falling property prices.
Page 16: The Australian Competition and Consumer Commission gave Commonwealth Bank a pass over a breach of cartel laws after learning it was selling credit products provided by a rival big four bank.
Page 31: Property veteran Bevan Towning has been recruited to steer Australian-Super’s $11 billion property book towards better returns as the super fund giant steps up its exposure to global real estate.
The Australian
Page 1: Former Domain Group boss and one-time senior Fairfax Media executive Antony Catalano last night made an 11th-hour bid for a controlling stake in the newspaper publisher, in an effort to block a $4 billion merger with the Nine Network.
Page 2: Bill Shorten’s ability to pass his tax-and-spend manifesto if elected could be put in doubt after projections that Labor would not be able to form a majority bloc with the Greens in the Senate to pass legislation without being forced to negotiate with key crossbenchers.
Page 17: The nation’s largest manufacturer of rigid plastic packaging, billionaire Raphael Geminder’s Pact Group, says it will move more of its operations offshore to Asia because of the soaring cost of doing business in Australia.
Myer’s strategy to revive profitability is under pressure after the retailer flagged that first-quarter sales were falling faster than expected and analysts are starting to cut the department store’s fullyear earnings forecasts.
Page 18: Rio Tinto’s rumoured copper discovery in a remote corner of Western Australia could trigger a fresh exploration rush and rewrite global geological opinion about the state’s exploration potential.
The West Australian
Page 1: Support for the Federal Liberal Party in WA has collapsed, with women deserting the Morrison Government in a move that puts at risk five seats.
Page 7: The Federal Government will pump an extra $500 million into a fund aimed at boosting regional water supply and irrigation schemes, in a bid to enhance jobs growth and economic development in the bush.
Page 9: The Rottnest Island Authority has had significant staff turnover since the election of the McGowan Government last year, including eight staff who took more than $700,000 in redundancy payments.
Business: Chris Reed’s Neometals has dusted off long-stalled plans for its Barrambie titanium-vanadium project 80km north-west of Sandstone on the back of surging prices for the metals.
A Perth medical science student is commercialising a new biotechnology that is set to dramatically improve the diagnosis of melanoma skin cancer.
