17/05/2019 - 06:50

Morning Headlines

17/05/2019 - 06:50

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

WA to deny Fortescue royalties relief

Andrew Forrest’s Fortescue Metals Group has indicated it will seek similar support from the West Australian government that has been extended to Chinese conglomerate CITIC and its multibillion-dollar magnetite iron ore operations in the state. The Fin

Indigenous corp in trouble

A Federal agency has put a Pilbara Aboriginal corporation that earns millions of dollars a year in mining royalties from Rio Tinto in the hands of insolvency experts over governance and financial issues. The West

Libs in a Swan dive

Kim Beazley’s daughter Hannah is on track to snare the prized seat of Swan from the Liberals as exclusive election eve polling for The West Australian reveals crucial marginal seats across the State are swinging towards Labor. The West

Farmers attack wheat imports as a low blow in drought years

Australia’s biggest wheat exporter has backed farmer concerns on both sides of the country about bulk grain imports they see as an unnecessary biosecurity risk and threat to their ability to ride out drought years. The Fin

Jobs up, jobless up, pose RBA dilemma

Stronger jobs growth, accompanied by rising participation driving a higher unemployment rate, has delivered the Reserve Bank of Australia and financial markets a fresh dilemma on whether interest rates should be cut next month. The Fin

Coalition vows to slash $1.5b from public service

The Morrison government is pledging to cut $1.5 billion from the public service over the next four years to shore up its final budget costings for the election campaign. The Fin

Chiefs plead for action on energy policy

Australia’s biggest energy players have issued a challenge to tomorrow’s election winner to immediately resurrect the nation’s faltering energy policy, citing concerns over the worsening international competitiveness of manufacturers and heavy industry. The Aus

Trade war setback for Wesfarmers bid

The US-China trade war could throw up new hurdles to Wesfarmers hopes of winning over Lynas shareholders, as a second WA rare earths play suffers a new setback. The Aus

Focus on oil as Buru waits on fracking

The future of the Kimberley’s Canning Basin could become clearer this year after Buru Energy’s busy dry season of conventional exploration and the release of the State Government’s fracking regulations. The West

 

 

The Australian Financial Review

Page 1: The latest The Australian Financial Review-Ipsos poll shows Labor leading the Coalition by 51 per cent to 49 per cent on a two-party preferred basis, down from the 52-48 lead of a fortnight ago.

Page 3: Stronger jobs growth, accompanied by rising participation driving a higher unemployment rate, has delivered the Reserve Bank of Australia and financial markets a fresh dilemma on whether interest rates should be cut next month.

Page 4: Older voters on low and medium incomes are dominating what is record early voting this election and they favour the Morrison government.

Page 8: The Morrison government is pledging to cut $1.5 billion from the public service over the next four years to shore up its final budget costings for the election campaign.

Page 14: The Australian arm of UBS was paid “excessive” fees to arrange a $1.2 billion loan for the Papua New Guinea government, according to a Port Moresby watchdog, which labelled the investment bank’s appointment “wrong and improper’’.

Page 17: Andrew Forrest’s Fortescue Metals Group has indicated it will seek similar support from the West Australian government that has been extended to Chinese conglomerate CITIC and its multibillion-dollar magnetite iron ore operations in the state.

Page 19: Donald Trump has signed an emergency order that could pave the way this year for a ban on Chinese telecommunications giant Huawei from America’s 5G network.

Page 21: The corporate watchdog’s chief enforcer Daniel Crennan, QC, has called time on much-maligned enforceable undertakings as a way to eliminate misconduct from the banks, but the regulator’s strategy of taking more court action has been attacked by its global overseer.

Page 23: A long-awaited, $US187 million ($270 million) deal for Santos to buy into the P’nyang gas field in Papua New Guinea has put another brick in place for a proposed $US14 billion expansion of LNG, which however remains under threat due to political machinations in the country.

Page 28: Global fast-fashion retailer Zara is still taking market share in Australia despite rising consumer awareness about the environmental cost of disposable fashion.

Australia’s biggest wheat exporter has backed farmer concerns on both sides of the country about bulk grain imports they see as an unnecessary biosecurity risk and threat to their ability to ride out drought years.

 

 

The Australian

Page 1: Bill Shorten has intensified his attack on retirees, property investors, big business and the wealthy in a speech on the eve of the election, as both sides warned of a tightening contest in an implicit message to voters not to deliver the third minority government in Australia in just 10 years.

Page 8: The Coalition has delivered on its pledge to run a low-spending campaign, announcing just $1.4 billion in new spending over the next four years, and $3.8bn over a decade, as it delivered its final election costings yesterday.

Page 9: Scott Morrison has turned Gough Whitlam’s “It’s Time” slogan against Bill Shorten, warning Australians that it was not the right moment to engage in an “experiment that puts our economy under unnecessary pressure”.

Page 12: Clive Palmer’s willingness to pay to have his United Australia Party’s how-to-vote cards handed out at polling stations shapes as a deciding factor in tomorrow’s federal election.

Page 14: Executives from Google, Twitter, Facebook and Microsoft met with the leaders of France, New Zealand and other countries in Paris to unveil the “Christchurch Call” of voluntary commitments for online platforms.

Page 23: Australia’s biggest energy players have issued a challenge to tomorrow’s election winner to immediately resurrect the nation’s faltering energy policy, citing concerns over the worsening international competitiveness of manufacturers and heavy industry.

Page 24: Japanese resources companies Inpex Corporation and Osaka Gas are being tipped as the frontrunners to buy the 15 per cent stake in the Crux gas field owned by Seven Group Holdings.

Page 25: The housing market has been hit by a wave of stock build-up with properties taking longer to sell ahead of the federal election that could generate further period of uncertainty, with Labor promising to introduce changes to negative gearing and capital gains tax if it forms the next government.

Page 32: The US-China trade war could throw up new hurdles to Wesfarmers hopes of winning over Lynas shareholders, as a second WA rare earths play suffers a new setback.

 

 

The West Australian

Page 1: Kim Beazley’s daughter Hannah is on track to snare the prized seat of Swan from the Liberals as exclusive election eve polling for The West Australian reveals crucial marginal seats across the State are swinging towards Labor.

Page 9: Prime Minister Scott Morrison was in fight mode yesterday, hitting the campaign trail at 5.45am before insisting voters should not assume he had lost the election.

Page 17: She is one of the most influential celebrities on social media, with 150 million fans subscribing to her Instagram account. But despite her global following, Selena Gomez has warned that web networks have become a “terrible” thing for her generation and believes it’s “pretty impossible” to make them safe for young people.

Page 24: Doing crosswords and sudoku every day may help to keep your brain a decade younger in middle age, researchers have found.

Page 28: REVEALED: When deputy principal Grant Walton put his career at risk he wasn’t just breaking up a random altercation, he was protecting a bleeding child from an organised physical showdown.

Business: A Federal agency has put a Pilbara Aboriginal corporation that earns millions of dollars a year in mining royalties from Rio Tinto in the hands of insolvency experts over governance and financial issues.

Australian bootmaker and fashion brand R.M. Williams, part owned by Hugh Jackman, is reportedly on the market for as much as $500 million.

The future of the Kimberley’s Canning Basin could become clearer this year after Buru Energy’s busy dry season of conventional exploration and the release of the State Government’s fracking regulations.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options