07/06/2019 - 06:56

Morning Headlines

07/06/2019 - 06:56

Bookmark

Save articles for future reference.
Morning Headlines

Rio Tinto buoyed by Winu copper

Rio Tinto has released more encouraging drilling results from its Winu copper discovery in the East Pilbara but says it is still too early to assess the potential size or quality of the mineralisation. The West

Woodside wins on gas limits

Woodside Petroleum’s proposed work to gain environmental approval for a revamp of its ageing North West Shelf LNG plant released yesterday does not have to address the more stringent greenhouse gas requirements the company successfully fought to quash in March. The West

Treasurer to flesh out growth plan

The federal government is prepared to expand its economic policy agenda beyond the measures it took to the election to boost Australia’s lagging productivity performance, Treasurer Josh Frydenberg says. The Fin

Trade war spurs rare earths pitch

The federal government is looking to help fund a $1.1 billion rare earths project in northern Australia, as the key component in wind turbines, power tools and fridges becomes the latest battleground in the US-China trade war. The Fin

Emissions cut ‘would save economy $550b’

The Australian economy would be $550 billion better off by 2030 through reducing carbon emissions to stem the impact of damaging climate change, a new report has found. The Fin

Woolies taps UBS to sound out buyers for best Big Ws

Investment bank UBS is believed to be working on a plan for its major client Woolworths to package up its best performing Big W stores and sell to a potential buyer. The Aus

Teo says WA has miracle workers too

The WA healthcare system is failing to inform patients of the treatment options available locally, according to one of Perth’s most prominent neurosurgeons. The West

Dorado field pays off in spades for oilers

Good times in the Bedout Basin have continued for Santos and Carnarvon Petroleum on news that drilling at the Dorado field off the North West has confirmed the oil and gas resource is even bigger than thought. The West

HBF owes millions to members

Health insurer HBF will return millions of dollars to members inadvertently short-changed on their policies. The West

 

 

The Australian Financial Review

Page 1: The federal government is prepared to expand its economic policy agenda beyond the measures it took to the election to boost Australia’s lagging productivity performance, Treasurer Josh Frydenberg says.

Page 2: With men expected to again dominate Monday’s Queen’s Birthday Honours, Australia’s corporate bosses have been told to lift their game in recognising the contribution of women.

Page 3: Property prices will start rising ‘‘modestly’’ next year after a downturn made housing in Sydney and Melbourne the most affordable in years, an ANZ/ CoreLogic report shows.

Page 5: The Australian Federal Police have confirmed journalists could be jailed following this week’s raids on media organisations in the hunt for whistleblowers who leaked top-secret documents into plans to boost spy powers and allegations that Australian soldiers committed war crimes.

Page 8: The federal government is looking to help fund a $1.1 billion rare earths project in northern Australia, as the key component in wind turbines, power tools and fridges becomes the latest battleground in the US-China trade war.

Page 11: The Australian economy would be $550 billion better off by 2030 through reducing carbon emissions to stem the impact of damaging climate change, a new report has found.

Page 12: Australian motorists are expected to reap the benefits at the petrol bowser from a plunge in world oil prices, but the relief could provide a new headache for the Reserve Bank of Australia when it comes to meeting its inflation targets.

Page 19: Online retailer Kogan.com is expected to defend allegations it misled consumers about discounts by arguing its prices rise and fall all the time.

Lawrence Ho’s purchase of his first tranche of shares in Crown Resorts will fire the starting pistol for what looms as a lengthy probity approval process with regulators in Victoria, New South Wales and Western Australia.

Page 21: Buy now, pay later fintech player Afterpay has been in talks with the regulator for some time about potential breaches of anti-money laundering laws.

 

 

The Australian

Page 1: Labor’s new Treasury spokesman, Jim Chalmers, has signalled a decisive break with the past five years of economic policy under Bill Shorten, identifying the need to develop greater controls on spending and wind back high -taxing measures ahead of the next election.

Page 2: Scott Morrison’s salary will jump by more than $10,700 to $549,200 from July 1 after federal politicians, judges and departmental secretaries were handed a 2 per cent pay rise yesterday.

Page 4: Josh Frydenberg will meet world finance ministers and central bank governors in Japan today armed with a warning that the global economy faces the most significant strategic and political risk since the Cold War.

Page 17: The NSW government has defied Canberra by demanding the resurrection of Malcolm Turnbull’s dumped National Energy Guarantee as part of a policy revamp that also calls for coal plant extensions and potential market interventions to ensure stable power for the state after Liddell shuts in 2022.

The Australian Taxation Office is involved with a major transnational probe into a global bank’s involvement in tax evasion that is being conducted through a body involving revenue chiefs from Australia, the US, Canada, The Netherlands and Britain.

Page 18: Investment bank UBS is believed to be working on a plan for its major client Woolworths to package up its best performing Big W stores and sell to a potential buyer.

Page 20: Mining services major Ausdrill will write off a solid slice of its assets in its annual accounts as managing director Mark Norwell’s clean-up of the company’s books continues.

 

 

The West Australian

Page 5: A single vial of flu vaccine was all that was left across 30 chemists yesterday as supplies plunged to almost zero in WA.

Page 11: Bosses are being urged to be more flexible and understanding of staff who take time off to care for sick children.

Page 19: The State’s financial strength has been given a tick by credit agency Moody’s thanks to growing revenue, tight purse strings and a fairer share of the GST.

Page 22: The WA healthcare system is failing to inform patients of the treatment options available locally, according to one of Perth’s most prominent neurosurgeons.

Business: Rio Tinto has released more encouraging drilling results from its Winu copper discovery in the East Pilbara but says it is still too early to assess the potential size or quality of the mineralisation.

Good times in the Bedout Basin have continued for Santos and Carnarvon Petroleum on news that drilling at the Dorado field off the North West has confirmed the oil and gas resource is even bigger than thought.

Shark fin soup and the sale of other shark fin products could soon be banned in WA, after the Greens yesterday tabled a Bill in State Parliament aimed at stamping out the cruel activity of shark finning and protecting worldwide populations.

Health insurer HBF will return millions of dollars to members inadvertently short-changed on their policies.

Woodside Petroleum’s proposed work to gain environmental approval for a revamp of its ageing North West Shelf LNG plant released yesterday does not have to address the more stringent greenhouse gas requirements the company successfully fought to quash in March.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options