11/07/2019 - 06:51

Morning Headlines

11/07/2019 - 06:51

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

Plan needed to avoid ‘infrastructure chaos’

The private and public sectors need to work hand in hand to avoid the infrastructure disaster that unfolded during WA’s last construction and mining boom, says the head of a new peak body tasked with driving a 20-year roadmap for State development. The West

Backbenchers protest against 12pc super guarantee

Resistance is getting louder to the scheduled increase in the superannuation guarantee to 12 per cent, and backbenchers are hopeful the government’s planned retirement income review will provide an opportunity to nix the rise. The Fin

Wanted: Aussie mining know-how for missions to moon and Mars

Australian resources industry giants such as BHP and Rio Tinto could soon play a crucial role in NASA’s Mars mission, building and operating mines on the moon to extract rocket fuel for interplanetary travel. The Fin

Infrastructure spend may slow quicker than expected, survey shows

Growth in spending on infrastructure construction may shrink faster than expected, while the deepening residential construction downturn will be sharper but shorter than Treasury expects, according to new forecasts based on a survey of 400 companies. The Fin

Diamond man buys jewellery house

A Perth diamond wholesaler has emerged as the new owner of fine jewellery house Rosendorff. The West

ACCC cracks down on telco ad standards

The competition regulator has warned internet providers to prepare for a crackdown on advertising standards after it ordered Vocus Group to refund 16,000 customers of its Dodo internet brand because of false advertisements. The Fin

Cash unveils push for VET sector ‘upgrade’

Vocational education should not be seen as less important or lucrative than a university degree, and the VET sector must urgently work with business to prevent skill shortages in crucial industries, Employment Minister Michaelia Cash will tell a conference today. The Aus

Huawei message: local service set to continue

Huawei isn’t backing out of the Australian mobile phone market, company officials confirmed, despite US bans that could prevent the Chinese company selling Android phones. The Fin

ASIC losing data battle against crims

The corporate watchdog has warned that white-collar criminals are increasingly avoiding being caught up in the nation’s data retention net by using encryption tools and by renting “virtual phone numbers” from local telcos, which allows someone based outside Australia to operate here. The Aus

Credit card investigation of basketball star’s foundation

The charity founded by Perth Wildcats legend Ricky Grace is being investigated for failing to comply with accounting standards relating to the use of charity credit cards for private purposes. The West

 

 

The Australian Financial Review

Page 1: Failures at two power stations in Victoria that will take several months to repair have put aluminium smelters and other large industrial energy users on edge amid the escalating risk of blackouts and sky-high electricity prices next summer.

Page 2: Resistance is getting louder to the scheduled increase in the superannuation guarantee to 12 per cent, and backbenchers are hopeful the government’s planned retirement income review will provide an opportunity to nix the rise.

Page 4: Growth in spending on infrastructure construction may shrink faster than expected, while the deepening residential construction downturn will be sharper but shorter than Treasury expects, according to new forecasts based on a survey of 400 companies.

Page 7: Huawei isn’t backing out of the Australian mobile phone market, company officials confirmed, despite US bans that could prevent the Chinese company selling Android phones.

Page 10: Wealth business IOOF has a persistent ‘‘blind spot’’ in relation to the identification and management of conflicts, the Australian Prudential Regulation Authority alleges.

Page 13: Australian resources industry giants such as BHP and Rio Tinto could soon play a crucial role in NASA’s Mars mission, building and operating mines on the moon to extract rocket fuel for interplanetary travel.

Page 15: The competition regulator has warned internet providers to prepare for a crackdown on advertising standards after it ordered Vocus Group to refund 16,000 customers of its Dodo internet brand because of false advertisements.

Page 18: Dacian managing director Rohan Williams is confident the troubled gold miner can avoid an equity raising that would dilute existing shareholders this year, declaring its struggling Mt Morgans mine is back on track after a disappointing first year in operation.

 

 

The Australian

Page 1: Minister for Indigenous Australians Ken Wyatt will lead a historic push for a referendum in this term of parliament to recognise Aborigines in the Constitution, vowing to put forward a “pragmatic” model that will receive broad public support.

Page 2: Vocational education should not be seen as less important or lucrative than a university degree, and the VET sector must urgently work with business to prevent skill shortages in crucial industries, Employment Minister Michaelia Cash will tell a conference today.

Page 5: A radical sub-branch of the Australian Education Union is threatening industrial action in the wake of a bruising federal election campaign, calling on members to “fight like real unionists” by drawing inspiration from legions of red-shirted, striking teachers across the US.

Page 9: China has warned the US to stay out of its affairs in Taiwan and Hong Kong, calling on the US to cancel a new $US2.2 billion ($3.1bn) arms sales deal to Taiwan.

Page 17: The corporate watchdog has warned that white-collar criminals are increasingly avoiding being caught up in the nation’s data retention net by using encryption tools and by renting “virtual phone numbers” from local telcos, which allows someone based outside Australia to operate here.

Page 19: Complaints about non-NBN fixed broadband services are on the rise, according to the latest report from the Australian Communications and Media Authority, even as households continue to migrate to the National Broadband Network.

Wholesaler Metcash has lost another hardware retail customer to Natbuild, one of the nation’s largest independent buying groups, as the trade and professional end of the $78 billion hardware sector continues to shake up old alliances and wholesale relationships.

 

 

The West Australian

Page 4: Retailers say they’re crying out for leadership to bring life back to a city on its knees.

Page 5: The Federal Government has expanded its reciprocal working holiday program to include two new nations while lifting annual numbers for countries such as Spain, Israel and Malaysia.

Page 8: Parents could see lower childcare fee increases as a result of a plan by the Federal Government to force operators to justify in detail their fee hikes and what each dollar would help to fund.

Page 9: The charity founded by Perth Wildcats legend Ricky Grace is being investigated for failing to comply with accounting standards relating to the use of charity credit cards for private purposes.

Page 14: As ANZ customers eagerly wait for their bank to pass on the Reserve Bank’s latest rate cut, they are clueless about what rate they are actually paying now because of an online glitch.

Business: The private and public sectors need to work hand in hand to avoid the infrastructure disaster that unfolded during WA’s last construction and mining boom, says the head of a new peak body tasked with driving a 20-year roadmap for State development.

Woodside Petroleum is being called on to complete a site-wide audit of the Karratha gas plant after a contractor identified potential asbestos fibres in 10 gaskets on the site.

The offshore safety regulator has ordered that the troubled Northern Endeavour oil production vessel in the Timor Sea be pulled offline because of health and safety concerns.

A Perth diamond wholesaler has emerged as the new owner of fine jewellery house Rosendorff.

More than 5000 room nights were booked at Discovery Rottnest Island — the $25 million development featuring 83 furnished luxury eco tents set in the dunes behind Pinky Beach — since it opened on March 1.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options