11/06/2019 - 06:42

Morning Headlines

11/06/2019 - 06:42

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Morning Headlines

Bow out talk is wrong: Nahan

Opposition Leader Mike Nahan was last night hosing down claims from within his party that he was preparing to step down as WA Liberal leader. The West

CBH checks chemicals use

Increased scrutiny on chemical residue in grains has prompted CBH Group to ask growers for more detail on usage, as part of the information it collects to plan its harvest operations. The West

Pilbara still undecided on merits of WA lithium refinery

Pilbara Minerals boss Ken Brinsden says the jury is still out as to whether the company will build a downstream processing plant in WA as part of a proposed joint venture agreement over its Pilgangoora lithium-tantalum project near Port Hedland. The West

Project blitz to help soft economy

The Morrison government is examining which public infrastructure projects can be rolled out faster than scheduled to support the economy through a soft patch.

Windfall to racing codes shorten TAB sale odds

WA’s TAB has become a more lucrative target for prospective buyers after financial results that have triggered record funding for the State’s racing industry. The West

Penn sticks around to reboot Telstra

Telstra chief Andy Penn says he plans to become the company’s longest-serving chief executive, staying on to lead it into a new tech era after the completion of its T22 overhaul strategy that will dramatically change its workforce. The Fin

ANZ fails to pass on full cut despite shrinking loan book

ANZ failed to pass on last week’s full RBA rate cut despite its mortgage lending going backwards, new analysis by global investment bank Morgan Stanley reveals. The Fin

Glimmer of hope as Maggie Beer cheese takes the biscuit at Woolies

Better-than-expected sales of a new Maggie Beer cheese range in Woolworths supermarkets offer a glimmer of hope to the struggling Longtable Group, which is trying to modernise the brand built by the celebrity chef. The Fin

Student tests ‘blind to culture’

A student’s cultural background has been found to have a significant impact on their academic results, sparking calls for an overhaul in the way educational advantage in school communities is measured. The Aus

 

 

The Australian Financial Review

Page 1: The Morrison government is examining which public infrastructure projects can be rolled out faster than scheduled to support the economy through a soft patch.

Telstra chief Andy Penn says he plans to become the company’s longest-serving chief executive, staying on to lead it into a new tech era after the completion of its T22 overhaul strategy that will dramatically change its workforce.

Page 3: Interest rates on more than 80 per cent of savings and 44 per cent of term accounts are below the headline rate of inflation, with more cuts on the way following last week’s reduction in cash rates, analysis shows.

Page 4: ANZ failed to pass on last week’s full RBA rate cut despite its mortgage lending going backwards, new analysis by global investment bank Morgan Stanley reveals.

Page 7: Western Australia’s environmental watchdog had set the scene for a clash between oil and gas producers and iron ore miners over customer greenhouse gas emissions as it looks to revisit contentious guidelines for approving major projects in the resources-rich state.

Page 9: Companies have dramatically increased their investment in automation technologies but are struggling to transition workers into future jobs, new research has revealed.

Page 10: Outgoing mergers regulator Roger Featherston has urged courts to show greater "cynicism" towards company executives with a commercial interest in promoting takeovers or mergers.

Private Media chairman Eric Beecher says investigative journalism is core to Australian democracy and last week’s police raids at the ABC and at the home of a News Corp journalist only highlight the importance of the fourth estate.

Page 11: Opposition foreign spokeswoman Penny Wong has urged the Chinese government to respect the rights of Hongkongers amid controversy over the city’s proposed extradition bill, while Australian businesses warn the law will have a chilling effect on trade.

Page 14: United Technologies agreed on Monday (AEST) to combine its aerospace business with US contractor Raytheon and create a new company worth about $US121 billion ($174 billion), in what would be the sector’s biggest ever merger.

Page 15: The head of Evans Dixon’s wealth unit has written to clients to assure them the firm has acted in their best interests when it has advised them to invest in in-house funds that have since slid sharply in value.

Non-bank lender Prospa, which will float on the ASX on Tuesday, has pledged to pass on lower funding costs to borrowers, as it expands into payments by setting up an Afterpay-style, buy-now, pay-later service for small businesses to buy stock and equipment.

Page 17: Better-than-expected sales of a new Maggie Beer cheese range in Woolworths supermarkets offer a glimmer of hope to the struggling Longtable Group, which is trying to modernise the brand built by the celebrity chef.

Page 20: A technology firm backed by investment banker John Wylie, Red Bubble founder Martin Hosking and the founders of KordaMentha has struck an expanded partnership with BHP.

 

 

The Australian

Page 1: A new rift has opened within Australian soccer over the sacking of Alen Stajcic, with Football Federation Australia refusing to provide its own compliance committee with board documents showing why the Matildas coach was dumped five months before the World Cup.

A powerful group of crossbench senators is demanding action to reduce high electricity and gas prices in return for supporting the government’s flagship $158 billion personal income tax cuts package.

Page 2: The Coalition has flagged action on press freedom after the government came under fire for police raids on the ABC’s Sydney headquarters and the home of a senior News Corp journalist.

Page 3: A student’s cultural background has been found to have a significant impact on their academic results, sparking calls for an overhaul in the way educational advantage in school communities is measured.

Page 4: Scott Morrison faces a new and potentially damaging decision on Chinese technology amid calls for a ban on the use of Chinese data centres, critical infrastructure systems and networked security cameras by government and key private sector firms.

Page 5: Hopes a Senate inquiry would deliver much-needed relief from exorbitant airfares in regional Australia have been dashed by the final report.

Page 6: Donald Trump yesterday dangled the prospect of renewing his tariff threat against Mexico if the US ally doesn’t co-operate on border issues, while some of his Democratic challengers for the White House said the last-minute deal to avert trade penalties was overblown.

Page 15: Investors in Australian renewable energy projects are ignoring federal policy uncertainty and instead focusing on ambitious state-based targets, with investment in green projects jumping 41 per cent to $12 billion last year.

The CBS-owned Ten Network wants to produce more content in Australia for its US parent, especially in the burgeoning reality TV genre, as it prepares to launch its long-awaited data platform allowing advertisers to create highly targeted campaigns with the network at scale.

 

 

The West Australian

Page 1: Opposition Leader Mike Nahan was last night hosing down claims from within his party that he was preparing to step down as WA Liberal leader.

Page 4: A 24-year-old “Mr Big” of the WA drug trade with links to notorious South American cartels has had his criminal empire smashed after more than 50 police raids across Perth.

Page 6: WA’s TAB has become a more lucrative target for prospective buyers after financial results that have triggered record funding for the State’s racing industry.

Page 10: More than 77 per cent of men in WA are overweight or obese and men are over-represented among victims of suicide, cancer, diabetes and heart disease.

Page 18: Desperate retirees caught up in the collapse of the Sterling First group lashed the corporate regulator and appealed for help during an angry gathering in Perth yesterday.

Page 20: Riot police have surrounded Hong Kong’s Parliament after what had been a peaceful million-strong protest against an extradition Bill descended into running clashes between police and protesters.

Business: Marine Produce Australia says its Cone Bay ocean barramundi operation in the Kimberley is recovering from a big algae bloom in February that wiped out fish worth between $4 million and $5 million.

Increased scrutiny on chemical residue in grains has prompted CBH Group to ask growers for more detail on usage, as part of the information it collects to plan its harvest operations.

Pilbara Minerals boss Ken Brinsden says the jury is still out as to whether the company will build a downstream processing plant in WA as part of a proposed joint venture agreement over its Pilgangoora lithium-tantalum project near Port Hedland.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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