23/10/2019 - 06:55

Morning Headlines

23/10/2019 - 06:55

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Morning Headlines

Major breach by exporter

A regulatory probe has found Perth-based Livestock Shipping Services to be in major breach of compliance over its handling of cattle during their unloading at an Israeli port in June. The West

Business splits on 12pc super

The nation’s biggest employer groups – including Ai Group, which half owns $170 billion AustralianSuper – are openly contemplating another freeze in the super guarantee following the appointment of an expert panel to review the retirement income system. The Fin

Amazon puts squeeze on Coles and Woolies

Amazon is turning up the heat on Woolworths and Coles by launching a discounted subscription service for regularly bought goods such as pet food, toilet paper and nappies. The Fin

Industry bodies targeted on emissions

Institutional investors have stepped up the pressure on BHP to lay the groundwork for severing ties with the Minerals Council of Australia before an important shareholder vote next month on the miner’s response to climate change. The Fin

Liberals raising the bar to boost business

Stamp duty exemptions for downsizing seniors, shelving the foreign buyers’ surcharge and a significant payroll tax overhaul headline a suite of reforms the WA Liberals will take to the next election. The West

Cricket goes into bat for Telethon

WA fundraising behemoth Telethon has joined forces with Australian cricket to raise hundreds of thousands of dollars to help children over the next ten years. The West

Open ASX blockchain to challengers: critics

Shareholder registries, securities industry and consumer lobby groups say the Australian Securities Exchange’s forthcoming blockchain-enabled settlement and clearing system should be classified as critical national infrastructure and opened up to fintech challengers. The Fin

Bush crisis: locals shun GP careers

The number of overseas doctors starting training to be GPs has hit a five-year high, with Australian recruits falling for a third consecutive year, despite a push by the federal government to tackle shortages in locally trained medical professionals. The Aus

Rates, tax cut ignite capital city housing

The stimulus from ultra-low interest rates and income tax cuts is flowing through to the housing market rather than the broader economy with property developers Mirvac and Stockland getting a boost from the lift in sentiment that has fired up inquiries in major capital cities. The Aus

 

 

The Australian Financial Review

Page 1: The nation’s biggest employer groups – including Ai Group, which half owns $170 billion AustralianSuper – are openly contemplating another freeze in the super guarantee following the appointment of an expert panel to review the retirement income system.

Page 2: Institutional investors have stepped up the pressure on BHP to lay the groundwork for severing ties with the Minerals Council of Australia before an important shareholder vote next month on the miner’s response to climate change.

Page 3: Airlines’ demands for access to commercial arbitration to resolve disputes with airports have again been rejected despite aggressive lobbying, with the Commonwealth’s key advisory body arguing the airlines’ proposals could be ‘‘gamed’’.

Page 4: The cost of keeping ageing ships, submarines and aircraft in service, teething issues with newer equipment and the falling Australian dollar combined to help blow the Defence department’s budget for maintenance and operations out by $570 million last financial year.

Page 9: A government push to introduce lifetime workplace agreements for greenfield projects will most likely involve unions and employers negotiating pay and conditions, making it difficult for Labor to oppose.

Page 13: Canadians, perhaps fed up with Justin Trudeau not living up to his image as a fresh progressive, stripped his ruling Liberals of a majority in national elections, leaving the 47-year-old to try to form a minority government with leftwing parties more serious about climate change.

Page 14: Shareholder registries, securities industry and consumer lobby groups say the Australian Securities Exchange’s forthcoming blockchain-enabled settlement and clearing system should be classified as critical national infrastructure and opened up to fintech challengers.

Rio Tinto could soon produce lithium, making treasure from the trash of its sideline American borates business.

Page 16: Oil Search’s revised target of a year-end deal with Papua New Guinea’s government – which could put an end to delays at a $US14 billion ($20 billion) LNG project – has only partly offset the disappointment over a cut in full-year production guidance.

Page 17: Amazon is turning up the heat on Woolworths and Coles by launching a discounted subscription service for regularly bought goods such as pet food, toilet paper and nappies.

 

 

The Australian

Page 1: The Department of Defence has kept a series of reports into the culture within the Australian Army under wraps, claiming that their release would jeopardise any possible improvements and have the potential to fuel a social media backlash.

The number of overseas doctors starting training to be GPs has hit a five-year high, with Australian recruits falling for a third consecutive year, despite a push by the federal government to tackle shortages in locally trained medical professionals.

Page 4: Minister for Indigenous Australians Ken Wyatt says he will not be derailed by the loudest voices as he prepares to unveil a plan to involve all indigenous people in designing how Aboriginal and Torres Strait Islander people will advise government and parliament, and how governments can communicate with them.

Page 5: Farming families hit by extended drought should be handed “exit packages’’ to leave the land, the National Farmers Federation says.

Page 6: Freedom of Information reviews are taking more than a year, some without even being allocated to a case officer, because the federal government has not given the oversight agency enough funding.

Page 17: The stimulus from ultra-low interest rates and income tax cuts is flowing through to the housing market rather than the broader economy with property developers Mirvac and Stockland getting a boost from the lift in sentiment that has fired up inquiries in major capital cities.

Page 22: The Australian Communications and Media Authority will closely examine the number of media voices in Western Australia as it reviews the proposed merger between Seven West Media and regional broadcaster Prime.

Page 28: Fully online vocational education and training courses have higher rates of subject withdrawals and lower rates of course completions than courses delivered on campus.

 

 

The West Australian

Page 3: Perth Airport has won a significant victory in its battle with Qantas over airport charges, with the Productivity Commission finding that it has not unreasonably exercised its market power.

The long-suffering Karratha property market has turned a corner, experiencing some of the biggest price jumps in WA.

Page 9: Buskers have been known to test their skills on TV shows such as The X Factor and Australia’s Got Talent, but now City of Perth staff are doubling as talent show judges, asking street performers to audition to prove they are good enough to perform.

Page 10: WA fundraising behemoth Telethon has joined forces with Australian cricket to raise hundreds of thousands of dollars to help children over the next ten years.

Page 14: Stamp duty exemptions for downsizing seniors, shelving the foreign buyers’ surcharge and a significant payroll tax overhaul headline a suite of reforms the WA Liberals will take to the next election.

Business: A regulatory probe has found Perth-based Livestock Shipping Services to be in major breach of compliance over its handling of cattle during their unloading at an Israeli port in June.

A new Rottnest ferry is on the way, with the addition set to grow visitor numbers and increase opportunities to access the island.

German pharmaceutical giant Bayer wants farmers to use less of its crop protection chemicals — but in a more targeted way — and is developing technologies for more precise applications.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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