31/07/2019 - 06:43

Morning Headlines

31/07/2019 - 06:43

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Morning Headlines

Data snooping free-for-all

Laws to protect the private metadata of millions of Australians are being subverted by a vast array of organisations, which are using a loophole in data-retention laws to access information only meant to be used by security agencies and police. The Aus

Rating indigenous communities’ cash

Indigenous communities could get economic ratings similar to those by Standard & Poor’s or Moody’s in order to better see taxpayer dollars invested into the right communities as part of a plan being considered by the Morrison Government. The West

Renewables face reliability test

The influx of solar and wind power into the energy grid could trigger federal rules forcing retailers to guarantee supply, driving a wave of new gas power plants to reduce the chance of blackouts. The Fin

Julie’s new role alongside world leaders

Julie Bishop has added another position to her post-politics career, joining the international advisory board of powerful artificial intelligence firm Afiniti alongside former British PM David Cameron. The West

Telstra-NBN row erupts

Telstra boss Andy Penn and NBN Co chief executive Stephen Rue have clashed over the NBN’s pricing, bringing to a head long-simmering tensions between the two giants of Australian telecommunications. The Fin

APRA pay plan ‘to deter talent’

The prudential regulator’s crackdown on executive remuneration will be a disincentive for talented managers to take top jobs in the financial services sector, while tighter regulation of the industry risks killing innovation, according to former Macquarie Group and Origin Energy chairman Kevin McCann. The Aus

Picky regulators pose threat, warns Hartzer

Westpac chief executive Brian Hartzer says overly prescriptive regulators are posing a risk to economic growth by curtailing the ability of banks to lend to households and businesses. The Fin

Northern Star says Pogo mine performance on right track

Northern Star says the performance of its Pogo mine in Alaska is improving but there is still a long way to go before mining operations there run as well as its Australian assets. The Fin

Dental costs drill into super funds

More than $60 million in superannuation was drawn down last financial year to pay for dental treatment, which has emerged as the second most common health reason for people to be granted early access to their retirement savings. The Aus

Miners’ cancer risk: review

Curtin University researchers have called for tighter limits on diesel exhaust levels in underground mines, saying current allowable limits can significantly increase the risk of lung cancer. The West

 

 

The Australian Financial Review

Page 1: Telstra boss Andy Penn and NBN Co chief executive Stephen Rue have clashed over the NBN’s pricing, bringing to a head long-simmering tensions between the two giants of Australian telecommunications.

Curtin University researchers have called for tighter limits on diesel exhaust levels in underground mines, saying current allowable limits can significantly increase the risk of lung cancer.

Page 2: Julie Bishop is busy building her post-political career by joining the advisory board of another global business.

Page 3: The traditional way of matching workers with jobs might be broken after analysts found job advertisements have fallen for several months despite rising job vacancies.

Page 4: The Morrison government has ordered an inquiry into the allegations surrounding Crown Resorts, after revelations about its alleged links to money laundering and the federal government’s fast-tracking of visas for the casino’s Chinese high rollers.

Page 6: The influx of solar and wind power into the energy grid could trigger federal rules forcing retailers to guarantee supply, driving a wave of new gas power plants to reduce the chance of blackouts.

Page 8: The chief executive of Cochlear said repeated attempts by foreign nations to lure the high-tech manufacturing giant’s main research and development base away from Australia underscored why R&D tax incentives remained vital to the top end of town.

Page 10: China’s top defence official in Australia has hit back at criticism of Beijing’s military build-up, saying claims of a ‘‘China threat’’ reflect prejudice against its political system and economic development.

Page 13: Westpac chief executive Brian Hartzer says overly prescriptive regulators are posing a risk to economic growth by curtailing the ability of banks to lend to households and businesses.

Page 15: Vodafone Hutchison Australia has posted a half-year loss of more than $150 million, in its first financial results since the competition watchdog made its shock decision to block the proposed $15 billion merger TPG Telecom.

Page 18: Northern Star says the performance of its Pogo mine in Alaska is improving but there is still a long way to go before mining operations there run as well as its Australian assets.

 

 

The Australian

Page 1: Laws to protect the private metadata of millions of Australians are being subverted by a vast array of organisations, which are using a loophole in data-retention laws to access information only meant to be used by security agencies and police.

Page 2: Australia cannot compete at the forefront of global research without collaboration with powerhouses such as China and the US, China scholar and economist James Laurenceson has warned.

Page 3: More than $60 million in superannuation was drawn down last financial year to pay for dental treatment, which has emerged as the second most common health reason for people to be granted early access to their retirement savings.

Page 4: Aboriginal parents with children at boarding school will be an average $6000 better off under a push by the Morrison government to increase the high school completion rates of indigenous Australians.

Page 17: The prudential regulator’s crackdown on executive remuneration will be a disincentive for talented managers to take top jobs in the financial services sector, while tighter regulation of the industry risks killing innovation, according to former Macquarie Group and Origin Energy chairman Kevin McCann.

Page 18: EMR Capital is quietly testing the waters for the float of its copper assets, with the Owen Hegarty-chaired company launching a round of introductory talks with instos over a possible initial public offering next year.

Page 22: EnergyAustralia will devote future investment to backing up intermittent renewables, calling for a pause in solar and wind projects to ensure existing supplies can be properly integrated into the power grid.

 

 

The West Australian

Page 5: A plane carrying more than 60 FIFO miners was left wedged between a light tower and a terminal at Perth Airport yesterday after its brakes appeared to fail, causing it to crash.

Page 8: Indigenous communities could get economic ratings similar to those by Standard & Poor’s or Moody’s in order to better see taxpayer dollars invested into the right communities as part of a plan being considered by the Morrison Government.

Page 9: Julie Bishop has added another position to her post-politics career, joining the international advisory board of powerful artificial intelligence firm Afiniti alongside former British PM David Cameron.

Business: The Australian sharemarket has finally clawed its way to a record high, shaking off its hangover from the global financial crisis as investors bet interest rates will stay lower for longer.

Securing better access rights for WA’s billion-dollar commercial fisheries is a top priority for the WA Fishing Industry Council’s new chief executive, Alex Ogg.

Curtin University researchers have called for tighter limits on diesel exhaust levels in underground mines, saying current allowable limits can significantly increase the risk of lung cancer.

At more than twice the size of the MCG playing surface, engineering firm Civmec will have plenty of room to tinker with Royal Australian Navy ships that will undergo maintenance at Henderson.

The Ravensthorpe nickel mine is set to reopen at the beginning of next year, with First Quantum Minerals confirming its restart plans remain on track.

The State’s largest residential builder, BGC, is repositioning its corporate structure to help it take greater advantage of rising demand for medium-density homes.

The trend of mid-tier WA gold producers picking up low-risk, bolt-on acquisitions gathered pace yesterday with Silver Lake Resources striking a friendly $52 million scrip deal with Egan-Street Resources.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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