09/09/2019 - 07:08

Morning Headlines

09/09/2019 - 07:08

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Morning Headlines

Woodside Petroleum in the barrel for PTTEP’s WA oil sale

Thai oil player PTTEP is keen to get development of a new gas resource off the coast of north-west Australia under way, hiring Perth firm Miro Capital to find a partner who could come in and operate the venture. The Fin

Cashless welfare is the answer

Billionaire miner and philanthropist Andrew Forrest is backing Government moves to roll out the welfare cashless debit card nationally. The West

WA rides local gas surplus

WA is the envy of the east coast, with new discoveries and record production from existing fields leaving it awash in gas. The West

CFMEU to push Setka wages deal

The CFMEU’s first proposed pattern agreement since the election means NSW construction workers could be paid more than $200,000 a year on top end commercial projects, more than double the industry award. The Fin

Boom times tipped for nation’s corporate undertakers

Corporate undertakers are predicting boom times ahead as retailers and property developers battle a slowdown in household spending. The Fin

Pressure on Premier over FIFO jobs

Premier Mark McGowan has backed his Government’s efforts to prioritise residential resources workforces as pressure mounts to take a hardline approach against fly-in, fly-out practices. The West

Radical reforms to empty hospitals

The nation’s top productivity expert has called on state and federal governments to force Australia’s hospitals, pharmacists, dietitians and GPs to work together to help patients stay out of hospital to boost the economy by $140 billion. The Aus

Asset dearth to push markets up, says Kapito

Rob Kapito, co-founder of $10 trillion investment giant BlackRock, says a global shortage of investable assets will help the sharemarket grind higher over the long term as dips in equity and bond markets are quickly met by investors hungry for returns. The Fin

Migrants needed to fuel the boom in infrastructure

Industry groups have urged the federal government to relax restrictions on foreign skilled workers to allow infrastructure projects to be sped up without exacerbating cost blow-outs. The Fin

Death of MBAs exaggerated by an ‘elite club’

The traditional Master of Business Administration is not about to collapse and people who say the degree has hit its use-by date belong to an ‘‘elite club’’ of MBA graduates who feel threatened because the qualification is becoming more widely available. The Fin

Labor to keep policies under wraps till 2022

Labor has signalled it could hold off on the release of its policies until closer to the 2022 election so it can be more ‘‘nimble’’ in responding to changing economic and political circumstances. The Fin

Water barons 'spike prices'

Investors are allegedly hoarding billions of litres of water, ratcheting up the cost and cruelling food growers who claim they face a massive artificial price spike that is crippling agriculture. The Aus

Aussies retain Ashes

Australia has won the Fourth Test by 185 runs at Old Trafford to retain the Ashes. Pat Cummins finished the innings with 4-43 as England were bowled out for 197, giving Australia a 2-1 lead going in to the Fifth Test.

 

 

The Australian Financial Review

Page 1: The CFMEU’s first proposed pattern agreement since the election means NSW construction workers could be paid more than $200,000 a year on top end commercial projects, more than double the industry award.

Page 3: Australian Prudential Regulation Authority chairman Wayne Byres and insurance expert Geoff Summerhayes spent more than $100,000 on 11 business trips in the first six months of this year, at the same time as staff complained about the agency’s ‘‘shoe-string budget’’.

Corporate undertakers are predicting boom times ahead as retailers and property developers battle a slowdown in household spending.

Page 4: Industry groups have urged the federal government to relax restrictions on foreign skilled workers to allow infrastructure projects to be sped up without exacerbating cost blow-outs.

Page 5: Labor has signalled it could hold off on the release of its policies until closer to the 2022 election so it can be more ‘‘nimble’’ in responding to changing economic and political circumstances.

Page 11: The federal government has cleared the way to abolish the low-cost patent regime used by small business, as part of a raft of intellectual property changes to be debated in the Senate in the next two weeks.

Page 12: Donald Trump said he cancelled a secret meeting with major Taliban leaders and the President of Afghanistan, set for Sunday at Camp David, and discontinued peace negotiations after a US soldier was killed.

Page 14: The traditional Master of Business Administration is not about to collapse and people who say the degree has hit its use-by date belong to an ‘‘elite club’’ of MBA graduates who feel threatened because the qualification is becoming more widely available.

Page 15: Rob Kapito, co-founder of $10 trillion investment giant BlackRock, says a global shortage of investable assets will help the sharemarket grind higher over the long term as dips in equity and bond markets are quickly met by investors hungry for returns.

Page 16: Thai oil player PTTEP is keen to get development of a new gas resource off the coast of north-west Australia under way, hiring Perth firm Miro Capital to find a partner who could come in and operate the venture.

Page 20: A softening in east coast gas prices over the past two months and an expected increase in supplies on to the domestic market are combining to reduce pressure on the federal government to toughen up its LNG export control policy, which is being reviewed this month.

 

 

The Australian

Page 1: Investors are allegedly hoarding billions of litres of water, ratcheting up the cost and cruelling food growers who claim they face a massive artificial price spike that is crippling agriculture.

Page 2: The nation’s top productivity expert has called on state and federal governments to force Australia’s hospitals, pharmacists, dietitians and GPs to work together to help patients stay out of hospital to boost the economy by $140 billion.

Employers have urged Fair Work Commission president Iain Ross to release comprehensive data about the tribunal’s approval of enterprise agreements to help address business concern about the length of time taken to greenlight workplace deals.

Page 5: Experts have warned of the dire consequences of universities omitting evidence-backed methods for teaching literacy from education courses, as graduate teachers are increasingly ill-equipped for the classroom.

Page 8: British Prime Minister Boris Johnson plans to “sabotage” efforts by MPs to block Brexit, and force a showdown at the Supreme Court in which he could risk a jail sentence to deliver on his pledge to leave the EU by October 31.

Page 17: The Queensland government has called an urgent meeting with major energy producers, unions and state-owned producers to resolve a national policy vacuum, threatening to break away by developing its own solutions to high prices and electricity market reforms.

The first batch of Kaufland stores will open in 2021 with as many as 30,000 products in their large warehouse-like format.

Page 18: Few things can get the blood of speculative investors pumping like a big new discovery, and junior miner Alkane Resources may have done just that.

Page 19: Platinum Asset Management has warned that its approach of “avoiding the crowd” is being tested as it revealed it suffered net outflows of $407m in August.

Page 23: Network Ten's content chief Beverley McGarvey has defended the swift and brutal axing of Rove McManus's Saturday night entertainment show after only two weeks, saying it failed to attract a decent audience.

Page 25: Advertising sales business Multi Channel Network will now be known as Foxtel Media as part of a “strategic” plan to bring the business closer to its parent company, Foxtel.

 

 

The West Australian

Page 1: Attorney-General Christian Porter last night faced the first of two backbench sessions to explain his religious discrimination Bill in an attempt to ease tensions in the Coalition and smooth the path for its passage through Federal Parliament this year.

Page 3: Billionaire miner and philanthropist Andrew Forrest is backing Government moves to roll out the welfare cashless debit card nationally.

Page 8: Health Minister Roger Cook has threatened MPs opposed to assisted dying laws with more all-night sittings if they continue to ask “tedious, inane and repetitive” questions designed to delay the legislation.

Page 10: The McGowan Government is considering sweeping new laws that could have anyone who fails to report knowing about or hearing about an instance of child sexual abuse jailed.

Premier Mark McGowan has backed his Government’s efforts to prioritise residential resources workforces as pressure mounts to take a hardline approach against fly-in, fly-out practices.

Page 16: Gone are the days when nuclear arms and Vietnam were the biggest concerns for university students — now it’s the environment that is causing the younger generation to suffer anxiety.

Page 18: The worst is over and Perth’s housing market will rebound over the next three years, a leading industry player predicts.

Business: WA is the envy of the east coast, with new discoveries and record production from existing fields leaving it awash in gas.

Apple is readying tomorrow to release a clutch of new hardware, including “Pro” iPhones, upgrades to iPads and its biggest laptop in years.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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