12/04/2019 - 07:00

Morning Headlines

12/04/2019 - 07:00

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Morning Headlines

Leaders agree to first-ever WA debate

The two men fighting for your votes to lead Australia have accepted a challenge to take part in a leaders’ debate in Perth. After Scott Morrison yesterday called an election for May 18, The West Australian invited the Prime Minister and Opposition Leader Bill Shorten to go head-to-head in WA. The Fin

‘Chance to end a decade of chaos’

Next month’s federal election represents a chance for the country to put a decade of political instability behind it, with business urging a return to stable government and consistent policy. The Aus

Scott hits back over attacks on integrity

Wesfarmers insists that direct discussions with the Lynas Corporation board and management continued for months beyond the point its potential rare earths target says negotiations were terminated. The Fin

Tax attack kicks off campaign

Scott Morrison has launched an early assault on Labor’s tax agenda by releasing Treasury modelling showing his opponents’ proposed increases and refusal to match the Coalition’s tax cuts would tally $387 billion over the next decade. The Fin

Taylor slams ‘not achievable’ Labor targets

Labor’s 45 per cent emissions reductions targets in its climate policy are ‘‘mathematically not achievable’’ if heavy industry is to be exempted, meaning aluminium smelters, refineries and cement makers will be driven offshore, federal energy minister Angus Taylor says. The Fin

Synergy lashed again over abuse of power

Energy provider Synergy has been rebuked in separate reports which claimed the State-owned utility had a “disregard” for its obligations to Parliament and was pushing up prices by abusing its market power. The West

Optus empty seat riddle

West Coast is locked in a ticketing stand-off with the State Government because of a deal the Eagles claim will prevent football from filling Optus Stadium to the “magical” 60,000 mark. The West

Rio Tinto set to ‘crack the code’ on cutting emissions from aluminium

Rio Tinto’s joint venture with Alcoa and Apple to cut greenhouse gas emissions from the aluminium smelting process has delivered results in the lab and is now ready for testing at scale, the mining giant’s boss says. The Fin

Commonwealth Bank’s Comyn working on secret plan to slash 10,000 jobs

Commonwealth Bank boss Matt Comyn is believed to be working on a plan to cut more than 10,000 employees, about $2 billion of costs, at Australia’s biggest and most profitable bank. The Aus

 

 

The Australian Financial Review

Page 1: Scott Morrison has launched an early assault on Labor’s tax agenda by releasing Treasury modelling showing his opponents’ proposed increases and refusal to match the Coalition’s tax cuts would tally $387 billion over the next decade.

Page 4: Law firm Slater & Gordon has urged regulators to intervene in preparations for the sale of ANZ’s superannuation business to IOOF because members could be exposed to additional fees.

Page 5: About 51 per cent of human resources professionals identified salary transparency as one of the top features that will shape the workplace and recruitment in a new LinkedIn survey of more than 5000 talent experts. Pay transparency is set to become a bigger issue in the workplace, with a majority of talent experts pointing to it as a key trend for the future of work.

Page 10: Labor’s 45 per cent emissions reductions targets in its climate policy are ‘‘mathematically not achievable’’ if heavy industry is to be exempted, meaning aluminium smelters, refineries and cement makers will be driven offshore, federal energy minister Angus Taylor says.

Page 25: Wesfarmers insists that direct discussions with the Lynas Corporation board and management continued for months beyond the point its potential rare earths target says negotiations were terminated.

Page 27: Rio Tinto’s joint venture with Alcoa and Apple to cut greenhouse gas emissions from the aluminium smelting process has delivered results in the lab and is now ready for testing at scale, the mining giant’s boss says.

 

 

The Australian

Page 1: WikiLeaks founder Julian Assange was arrested by British police last night, ending nearly seven years in Ecuador’s London embassy after President Lenin Moreno rescinded the Australian’s political asylum.

Page 8: Bill Shorten’s Labor Party has more to lose than the Coalition from growing voter discontent with high immigration, according to a new polling report.

Page 11: Members of a troubled Pilbara native title group who complained about their funds being “wasted” were threatened with legal action, banned from leadership roles and told that their comments had been forwarded to their employers.

Page 19: Next month’s federal election represents a chance for the country to put a decade of political instability behind it, with business urging a return to stable government and consistent policy.

Commonwealth Bank boss Matt Comyn is believed to be working on a plan to cut more than 10,000 employees, about $2 billion of costs, at Australia’s biggest and most profitable bank.

Page 21: The ranks of internal candidates, especially female executives, who may eventually replace long-serving Qantas chief executive Alan Joyce is thinning after the shock resignation of Qantas International head Alison Webster.

Page 22: The minor shareholders in James Packer’s casino empire, Crown Resorts, are banking on a takeover, with its share price indicating the market expects a future bid despite major suitor Wynn Resorts abruptly ending talks.

Page 24: Uber Technologies is aiming for a valuation in its impending initial public offering of as much as $US100 billion ($140bn), below previous expectations, as ride hailing competitor Lyft stumbles in its early days of trading as a public company.

 

 

The West Australian

Page 6: The two men fighting for your votes to lead Australia have accepted a challenge to take part in a leaders’ debate in Perth. After Scott Morrison yesterday called an election for May 18, The West Australian invited the Prime Minister and Opposition Leader Bill Shorten to go head-to-head in WA.

Page 10: Norway has been heralded by Labor and Tesla chief executive Elon Musk as the Utopian example of successful electric vehicle policy but new modelling shows the country is losing $500 million a year subsidising the market.

Page 14: West Coast is locked in a ticketing stand-off with the State Government because of a deal the Eagles claim will prevent football from filling Optus Stadium to the “magical” 60,000 mark.

Page 19: Premier Mark McGowan has been challenged to visit a bush shanty town in his electorate where residents face the threat of eviction.

Page 30: The State Government hopes to have a hit list of single-use plastic products to target next year after releasing a discussion paper on the environmental issue.

Business: Energy provider Synergy has been rebuked in separate reports which claimed the State-owned utility had a “disregard” for its obligations to Parliament and was pushing up prices by abusing its market power.

Bank of Queensland is only the ninth biggest lender in the country but its half-year profit report yesterday revealed the high earnings hurdles lenders face in a post-royal commission world.

Attorney-General John Quigley is planning a tough and nation-leading response to animal activism, with major legislative reforms to go to Cabinet within weeks.

Gold Fields was keeping mum last night on reports it had offloaded its 19.9 per cent stake in gold miner Red 5.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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