12/08/2019 - 06:49

Morning Headlines

12/08/2019 - 06:49

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Morning Headlines

Opening salvo in battle for subs jobs

A push by the WA Government to win a hotly contested contract to maintain the nation’s submarine fleet would create more than 3000 jobs and pump $8 billion into the State’s economy.

SAS fighting funds to get $3bn boost

The ability of Australia’s special forces to rapidly and covertly deal with security threats in the Indo-Pacific will be boosted with new hi-tech equipment, including drones, weapons and communications systems, under a $3 billion, 20-year program to cement their position as the region’s most potent fighting force. The Aus

Trades better for the boys

Year 12 boys who have lower Australian Tertiary Admission Rank scores would do better chasing a trade rather than going to university, according to a higher education report. The West

Woomera chases Mt Venn gold

Exploration tiddler Woomera Mining is hoping that its entry into the neighbourhood put on the map by Gold Road’s successful Gruyere gold discovery can help turn around its fortunes. The Aus

Rio seeking clarity from Mongolia

Securing funds to cover billion-dollar cost blowouts on Rio Tinto’s Mongolian copper project will be difficult unless lawmakers in the country clarify their stance towards the project, according to the man in charge of the mine. The Fin

Indigenous quarry key to new mine

WA’s first indigenous quarry will be established in the Pilbara as part of a $60 million package of work awarded by Rio Tinto for its Koodaideri iron ore project. The West

Teacher training has lost maths and reading

The former director of curriculum at Australia’s school curriculum authority warns that students are failing to gain basic literacy and numeracy skills amid the push by universities to educate teachers with soft skills and various ’fads and trends’. The Fin

Banks resist ASIC loan crackdown

Commonwealth Bank and Westpac Banking Corp are set to take the fight to the corporate regulator when they argue that proposed ‘‘responsible lending’’ rule changes threaten to increase interest rates, reduce competition and expose banks to disruption. The Fin

Bankwest cuts waiting times to draw borrowers

Bankwest is the latest lender offering faster mortgage approvals as a key marketing tool to beat competitors and build market share as residential markets improve. The Fin

Progress on Fitzroy plan

An ambitious plan to create jobs and prosperity in the Fitzroy region has taken another step forward after pastoralists and traditional owners informally agreed on a set of principles to apply within any development proposal. The West

 

 

The Australian Financial Review

Page 1: Commonwealth Bank and Westpac Banking Corp are set to take the fight to the corporate regulator when they argue that proposed ‘‘responsible lending’’ rule changes threaten to increase interest rates, reduce competition and expose banks to disruption.

Scott Morrison is facing pressure from his backbench to overhaul unfair dismissal laws amid warnings that another term of policy inaction would be unacceptable.

Page 3: Papua New Guinea’s new government has appointed a former chief justice and an anti-corruption crusader to lead a three-month inquiry into the UBS loan affair, which is expected to renew focus on the investment bank’s role in the controversial deal.

Page 8: Bankwest is the latest lender offering faster mortgage approvals as a key marketing tool to beat competitors and build market share as residential markets improve.

Page 12: The former director of curriculum at Australia’s school curriculum authority warns that students are failing to gain basic literacy and numeracy skills amid the push by universities to educate teachers with soft skills and various ’fads and trends’.

Page 13: Securing funds to cover billion-dollar cost blowouts on Rio Tinto’s Mongolian copper project will be difficult unless lawmakers in the country clarify their stance towards the project, according to the man in charge of the mine.

Page 17: Australia’s most lucrative gold mine will this week join the billion-dollar club, in an achievement that is unlikely to be repeated as its production volumes begin a four-decade decline.

Page 18: Properties with open floor plans and multiple bathrooms could soon become more difficult and costly to insure, as insurers warn of a spike in the size of water damage claims.

 

 

The Australian

Page 1: The ability of Australia’s special forces to rapidly and covertly deal with security threats in the Indo-Pacific will be boosted with new hi-tech equipment, including drones, weapons and communications systems, under a $3 billion, 20-year program to cement their position as the region’s most potent fighting force.

Page 2: Josh Frydenberg has strongly endorsed the projection of American values in the Pacific, declaring “it’s our duty to be strong”, amid growing strategic tension between the US and China and an escalation in the trade dispute between the two global superpowers.

Page 4: Domestic recycling will create a growing industry in the nation’s regions but significant work must be done first, a leading recycling innovator says.

Page 5: Men who go to university with low ATARs would earn more during their career if they switched to a TAFE or vocational college, provided they studied courses such as engineering, construction or business, a new report finds.

Page 6: A senior federal government adviser says there is “no mystery” to why education outcomes for indigenous students are so poor, pointing to the shocking school attendance rates of 65 per cent in some remote areas.

Page 17: Power baron Trevor St Baker has emerged as a second potential buyer of AGL Energy’s Liddell coal plant in NSW as a joint government taskforce weighs replacing or delaying its exit to avoid a supply squeeze for electricity users.

Page 18: Exploration tiddler Woomera Mining is hoping that its entry into the neighbourhood put on the map by Gold Road’s successful Gruyere gold discovery can help turn around its fortunes.

Page 23: SBS has been forced to launch a strategic overhaul to stem the exodus of “high performing” workers quitting the public broadcaster and to combat sky-high rates of young staff leaving before serving out their first year.

 

 

The West Australian

Page 4: The McGowan Government will today officially launch its bid to bring lucrative submarine maintenance work to WA from South Australia, arguing it would be in the national interest.

Trade Minister Simon Birmingham has rebuked WA Liberal MP Andrew Hastie for his comments which likened China’s rise to the advance of nazi Germany, arguing MPs should think before they speak.

Page 5: Australia should build and fund patrol boats for Sri Lanka and other Indian Ocean island nations in an effort to step up our influence in the region, Labor says.

Page 9: WA police want to be able snoop on more of citizens’ private metadata, complaining the rise of online apps allowing people to send encrypted messages is making it harder for police to solve crimes.

Page 16: A Perth commercial property manager of 26 years has called out planning red tape which is preventing budding businesses from starting throughout the city.

Page 18: Year 12 boys who have lower Australian Tertiary Admission Rank scores would do better chasing a trade rather than going to university, according to a higher education report.

Business: An ambitious plan to create jobs and prosperity in the Fitzroy region has taken another step forward after pastoralists and traditional owners informally agreed on a set of principles to apply within any development proposal.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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