11/01/2019 - 06:58

Morning Headlines

11/01/2019 - 06:58

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WA workers face gas explosion risk

Morning Headlines

WA workers face gas explosion risk

More than half the electrical equipment in hazardous areas at a $63 billion LNG project off the Kimberley coast did not pass independent safety checks, secret reports obtained by The West Australian reveal. The West

Unions go to war over labour hire

Unions will use a seven-day strike next week to intensify pressure on the Coalition and business over the “exploitation” of labour-hire workers, declaring public unrest at employer conduct will be a “vote-shifter” at the federal election. The Aus

Go-ahead for kaolin project

The company behind a unique clay mine and waste facility near Coolgardie that will support about 80 long-term jobs is committing to a construction start next month after receiving a key approval from the Federal Government. The West

Panel weighs Flinders case

The Takeovers Panel has emerged as a potential saviour for thousands of angry minority shareholders of Flinders Mines, who are vigorously opposing plans by the Pilbara iron ore hopeful to delist from the ASX. The West

Pilbara’s boom a ‘resource curse’ for some

The average income of Aboriginal people with jobs in Western Australia’s Pilbara region has more than doubled to $93,000 on the back of the resources boom of a lifetime, and the proportion of the region’s indigenous people in upper income brackets has climbed from 10 per cent to 35 per cent. The Aus

Telstra’s 5G handsets set for early debut

Australian consumers will be able to buy the first 5G-ready smartphones in Telstra stores by the end of June, after the telco giant revealed it had signed deals with ‘‘more than one’’ smartphone manufacturer to get exclusive access to their first 5G-ready handsets. The Fin

400,000 jobseeker penalties last year

Welfare payments were temporarily cut off more than 1.6 million times in the past financial year, and a further 400,000 financial penalties were slapped on jobseekers for serious “compliance” breaches as part of the system Labor has earmarked for reform. The Aus

 

 

 

The Australian Financial Review

Page 1: Labor has united with superannuation funds to slam the Productivity Commission’s principal recommendation for the government to set up a top 10 shortlist of default superannuation funds and has rejected a proposal to pause the slated increase in retirement contributions to 12 per cent of employee income.

Costa Group chief executive Harry Debney has blamed terrible summer sales on a series of one-off events in an attempt to soothe investors who fled the fruit and vegetable grower, wiping $900 million off its market value.

Page 3: Demand for risk and governance professionals is expected to reach record levels in 2019 as the financial services industry responds to royal commissions, according to Ambition CEO Nick Waterworth.

Page 8: The ABC underpaid 2500 casual staff over the last six years, moving the public broadcaster to commence an immediate review into how it calculated the pay.

Page 13: Australian consumers will be able to buy the first 5G-ready smartphones in Telstra stores by the end of June, after the telco giant revealed it had signed deals with ‘‘more than one’’ smartphone manufacturer to get exclusive access to their first 5G-ready handsets.

Page 15: Treasury Wine Estates has defied a slowdown in Asia and wildfires in California to post better than expected earnings for the first half of 2018-19 in a surprise update.

Women’s fashion retail group Noni B has overcome headwinds in the retail sector and reported a successful Christmas season, buoyed by its strategy to cut costs and exploit differentiated markets after acquiring five brands from Specialty Fashion.

 

 

The Australian                                                                                                                          

Page 1: Unions will use a seven-day strike next week to intensify pressure on the Coalition and business over the “exploitation” of labour-hire workers, declaring public unrest at employer conduct will be a “vote-shifter” at the federal election.

Page 2: Welfare payments were temporarily cut off more than 1.6 million times in the past financial year, and a further 400,000 financial penalties were slapped on jobseekers for serious “compliance” breaches as part of the system Labor has earmarked for reform.

The average income of Aboriginal people with jobs in Western Australia’s Pilbara region has more than doubled to $93,000 on the back of the resources boom of a lifetime, and the proportion of the region’s indigenous people in upper income brackets has climbed from 10 per cent to 35 per cent.

Page 8: A dramatic collapse in negotiations between Donald Trump and Democrats over funding for the border wall has shattered hopes of an imminent solution to the US government shutdown.

Page 15: An industry code of practice designed to stop super fund savers from paying for unusable or inappropriate life insurance needs to be beefed up and made compulsory, the Productivity Commission says.

Page 19: Amazon chief executive Jeff Bezos and his wife, MacKenzie, are divorcing after 25 years of marriage, during which Mr Bezos amassed a personal fortune while building the world’s most valuable company.

 

 

The West Australian

Page 1: More than half the electrical equipment in hazardous areas at a $63 billion LNG project off the Kimberley coast did not pass independent safety checks, secret reports obtained by The West Australian reveal.

Page 3: The driver at the centre of BHP’s runaway train derailment near Port Hedland has been sacked — and is now preparing to sue the mining giant for unfair dismissal.

Business: The Takeovers Panel has emerged as a potential saviour for thousands of angry minority shareholders of Flinders Mines, who are vigorously opposing plans by the Pilbara iron ore hopeful to delist from the ASX.

A fire at Rio Tinto’s Cape Lambert port facility early yesterday damaged processing infrastructure but it is not clear what effect it will have on the company’s iron ore shipments.

The company behind a unique clay mine and waste facility near Coolgardie that will support about 80 long-term jobs is committing to a construction start next month after receiving a key approval from the Federal Government.

Rocketing demand for its aerial images has sent shares in Perth-founded Nearmap back to within touching distance of last year’s record highs.

Wheatstone, the State’s next supply of gas, is being tested with the first gas delivered into the Dampier to Bunbury pipeline on Monday.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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