14/10/2019 - 06:58

Morning Headlines

14/10/2019 - 06:58

Bookmark

Save articles for future reference.
Morning Headlines

Drilling has potential to create ‘hundreds of thousands of jobs’

The Federal Government has given the green light to exploring for untapped oil resources in the State’s north that could create “hundreds of thousands” of jobs and provide fuel security for the nation. The West

Banks hit by new probe

Treasurer Josh Frydenberg has charged the consumer watchdog with investigating the refusal of the banks to pass on in full the recent spate of interest rate cuts, creating the potential for a further round of government intervention. The Fin

Australia wins big in US-China trade war

Australia has emerged as the “world’s biggest winner” from the US-China trade war, with surges in iron ore and coal prices supporting the first current account surplus in more than four decades. The Aus

Buyers circle as Metals X fights APAC

A showdown between Metals X and its biggest shareholder, Hong Kong-listed APAC Resources, is looming over the future of the Nifty copper mine in WA as possible buyers circle the asset. The Aus

Plan to charge green players to access grid

Wind and solar farm developers would have to pay some of the cost of connecting to the transmission grid and would buy rights to use the network under a proposed radical overhaul of the system for adding new generators and batteries. The Fin

Free to grow: Woolies’ pitch for demerger

Woolworths hopes the promise of faster growth from its $40 billion food and $10 billion drinks divisions will counter investor concerns about additional costs created when the two become separate entities next year. The Fin

McIlroy tees off for Golf Channel

Professional golfer Rory McIlroy and NBC Sports are teeing up the launch of GolfPass, a subscription service combining tournament streaming, instructional videos, tee-time bookings and shopping, for Australian golf fans. The Fin

Streaming confusion will be solved by viewers

Netflix, Stan, Amazon Prime, Foxtel Now, Disney+, Apple TV+, Kayo Sports and Optus Sports are some of the headline streaming services in an increasingly fragmented Australian content market. The Fin

Bunnings to nail online customers with marketplace

Hardware retailer Bunnings will launch its own online marketplace next month, offering as many as 8000 products across key categories such as kitchen appliances, homewares and furniture, as it deals itself in to one of the fastest-growing retail platforms. The Aus

Spruiking a boost for homebuyers

The McGowan Government has defended the launch of a TV advertising campaign designed to lure first-homeowners with tiny deposits into the State’s struggling property market. The West

 

 

The Australian Financial Review

Page 1: Treasurer Josh Frydenberg has charged the consumer watchdog with investigating the refusal of the banks to pass on in full the recent spate of interest rate cuts, creating the potential for a further round of government intervention.

A ceasefire in Donald Trump’s trade war with China has buoyed market sentiment in Australia, despite warnings that any truce will be temporary as the two global powers struggle to find accord on intellectual property and state subsidies.

Page 3: Professional golfer Rory McIlroy and NBC Sports are teeing up the launch of GolfPass, a subscription service combining tournament streaming, instructional videos, tee-time bookings and shopping, for Australian golf fans.

Page 4: Wind and solar farm developers would have to pay some of the cost of connecting to the transmission grid and would buy rights to use the network under a proposed radical overhaul of the system for adding new generators and batteries.

Page 5: Fears of a business investment strike have been exaggerated, according to a new analysis that shows spending is at more than twice the level it was during the 1990s recession.

Page 6: Bill Shorten’s old union is under pressure to find a blue-collar union to merge with following huge membership losses and a hostile political landscape.

Page 9: UK Prime Minister Boris Johnson’s hopes of delivering Brexit on October 31 sit on a knife-edge, as he tries to reach a deal with Brussels for a smooth exit before a crunch European leaders’ summit at the end of this week, before pushing that accord through his Parliament in a special Saturday sitting.

Page 13: Commonwealth Bank chairman Catherine Livingstone’s efforts to ensure executive bonuses are not paid in full should be rewarded at the bank’s annual general meeting on Wednesday, where the remuneration report is expected to be given the green light by shareholders.

Page 14: It’s 2 1/2 months since Karoon Energy and its bankers warmed up fund managers for an equity raising to help fund a $US665 million ($980 million) acquisition in Brazil – and the company is still standing at the altar.

Page 15: Woolworths hopes the promise of faster growth from its $40 billion food and $10 billion drinks divisions will counter investor concerns about additional costs created when the two become separate entities next year.

Page 16: Telstra director Craig Dunn faces a battle to retain his board position with the telecommunications group after the Hayne royal commission heaped criticism on the company he previously ran for five years, AMP.

Page 17: Silicon Valley-based Menlo Security is entering the Australian market, targeting high-risk clients in the banking and financial services industry.

Page 18: Netflix, Stan, Amazon Prime, Foxtel Now, Disney+, Apple TV+, Kayo Sports and Optus Sports are some of the headline streaming services in an increasingly fragmented Australian content market.

 

 

The Australian

Page 1: The Coalition reform agenda to rein in the nation’s social services system has delivered a 10.1 per cent reduction in the future life cost of welfare, driving it down to $5.7 trillion.

Page 2: Australia has emerged as the “world’s biggest winner” from the US-China trade war, with surges in iron ore and coal prices supporting the first current account surplus in more than four decades.

Page 5: Renewable energy zones and “comprehensive market reform” are needed to lower energy prices and prepare Australia for a clean energy future, the Australian Energy Market Commission says.

Page 6: Universities should prioritise the teaching of Australian culture and history in the face of growing internationalisation of the higher education sector, a leading university head says.

Page 17: Hardware retailer Bunnings will launch its own online marketplace next month, offering as many as 8000 products across key categories such as kitchen appliances, homewares and furniture, as it deals itself in to one of the fastest-growing retail platforms.

Page 20: A showdown between Metals X and its biggest shareholder, Hong Kong-listed APAC Resources, is looming over the future of the Nifty copper mine in WA as possible buyers circle the asset.

Page 23: Bauer Media has finalised a new seven-year deal to publish Elle magazine in Australia, ending speculation the title would be scrapped, but its chief executive has left the door open to a possible takeover of Pacific Magazines.

 

 

The West Australian

Page 7: Fees for more than 30 TAFE courses will be cut in half as the McGowan Government attempts to coax young people back into training to fill emerging skills shortages.

Page 8: The Federal Government has given the green light to exploring for untapped oil resources in the State’s north that could create “hundreds of thousands” of jobs and provide fuel security for the nation.

Page 14: Aussies spend a day a month on supermarket shopping and end up throwing out $2000 worth of food a year, a new survey shows.

Page 16: WA’s economy has a lot to gain from China’s stimulus but falling housing prices remain the State’s biggest area of concern, a leading economic forecaster has warned.

Page 18: With the proliferation of duplicated services and red tape among local councils, former premier Colin Barnett believes the case is strong to cut the number of Perth local governments in half.

The McGowan Government has defended the launch of a TV advertising campaign designed to lure first-homeowners with tiny deposits into the State’s struggling property market.

Business: Australians are enjoying a “golden age” of digital content but worry about the safety of the personal data being harvested from the entertainment boom.

Scaling 3D printing out of the hands of hobbyists and into mainstream industries could soon revolutionise WA mine sites and open the door to budding local entrepreneurs looking for opportunities in Asia.

Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options