Bishop adds Greensill to post-politics CV
Former foreign minister Julie Bishop has added another high-flying corporate gig to her post-political dance card, with The Australian Financial Review Rich Lister Lex Greensill hiring her as a strategic adviser for his eponymous finance firm’s push into Asia. The Fin
Trump’s approach a pain for Australia
Australian dairy, beef, energy and coal exporters could become collateral damage from the phase-one US-China trade deal, hailed by Donald Trump as a ‘‘landmark’’ reset to global commerce. The Fin
Deal stokes finance sector’s export hopes
Australian money managers are hoping they will be able to piggyback on the US-China trade deal to sell financial products to China’s burgeoning middle class. The Fin
Woodside picks up the pace on LNG sell-down
Woodside Petroleum has picked up the pace again on the sale of stakes in its Scarborough and Pluto-2 LNG projects in Western Australia, with chief financial officer Sherry Duhe outlining plans for deals with two separate partners that would help fund the $US11.4 billion ($16.5 billion) investment. The Fin
Biotech in big debut
Biotech company Nyrada has made its debut on the Australian stock exchange in the first float of the year after an $8.5 million oversubscribed initial public offering. The West
Perseus purring in Africa
Resurgent West African goldminer Perseus Mining has racked up its 12th consecutive quarter of meeting production guidance, capping off a year in which its share price almost trebled. The West
Blood pressure rising as CSL share price passes $300
Australia’s biggest health company, CSL, is poised to overtake another former governmentowned business, Commonwealth Bank, to become the biggest company on the ASX after its shares passed the $300 mark. The Aus
A broad church of Lib hopefuls
Liberal preselection battles in key target seats across Perth are shaping up as a contest between two religions — God and Australian Rules football. The West
Alumina lifts South32
South32 has reported a mixed performance across its assets for the December quarter with record year-to-date production at its Brazil alumina business offset by weaker output across coal and manganese. The West
The Australian Financial Review
Page 1: Leading investors warn that the sharemarket’s ascent to 7000 points, helped by the lowest interest rates in history, should be met with caution and may not be supported by earnings in an economy growing below trend.
Page 2: Former foreign minister Julie Bishop has added another high-flying corporate gig to her post-political dance card, with The Australian Financial Review Rich Lister Lex Greensill hiring her as a strategic adviser for his eponymous finance firm’s push into Asia.
Page 5: Federal Labor leader Anthony Albanese signalled that he understands the climate change rationale behind Black-Rock’s decision to quit thermal coal investments, even though he has expressed support for Australia exporting the same coal.
Page 9: Cautious consumers are using tax refunds and savings from lower borrowing costs to save and reduce debt, rather than putting them back into the retail economy, economists warn.
Page 10: Australian money managers are hoping they will be able to piggyback on the US-China trade deal to sell financial products to China’s burgeoning middle class.
Page 11: Australian dairy, beef, energy and coal exporters could become collateral damage from the phase-one US-China trade deal, hailed by Donald Trump as a ‘‘landmark’’ reset to global commerce.
Page 15: A weaker than expected end to 2019 at Caltex Australia’s refining business may have made it harder for the takeover target to extract a sweeter bid from its Canadian suitor, Alimentation Couche-Tard, especially with no direct rival in sight.
Page 19: Woodside Petroleum has picked up the pace again on the sale of stakes in its Scarborough and Pluto-2 LNG projects in Western Australia, with chief financial officer Sherry Duhe outlining plans for deals with two separate partners that would help fund the $US11.4 billion ($16.5 billion) investment.
The Australian
Page 1: Bridget McKenzie’s controversial $100m sports grant program is set to be scrutinised by federal parliament, amid revelations more than a third of the funding went to the country’s most marginal seats.
Australian energy and agricultural exporters face a hit to their multi-billion-dollar Chinese market from the trade deal signed between the US and Beijing that sparked a worldwide share rally and pushed the Australian bourse to a record.
Page 4: Soaring house prices are squeezing out first-home buyers, and those who are taking the first step on the property ladder are having to take on record levels of debt.
Page 5: The Clean Energy Regulator is reviewing the bushfire impact on its $4.55bn Emissions Reduction Fund — a key component of Scott Morrison’s climate change commitments — amid fears tree planting and other carbon credit projects were caught up in blazes across the nation.
Page 8: Russian President Vladimir Putin has flagged constitutional changes that could set the stage for him to wield political power after his presidency ends, as his longtime ally, Prime Minister Dmitry Medvedev, resigned unexpectedly.
Page 15: Australia’s biggest health company, CSL, is poised to overtake another former government-owned business, Commonwealth Bank, to become the biggest company on the ASX after its shares passed the $300 mark.
Page 16: Singaporean telco Singtel is believed to be considering a $2bn sale of its Optus telecommunications towers.
Page 19: Airlines are set to become a lot more vocal about their environmental efforts in 2020 following a recent survey showing the majority of travellers are concerned about emissions.
The West Australian
Page 5: A “normally fit” and “independent” patient died after multiple post-operative complications from radical surgery he did not need because he had been misdiagnosed by WA’s only government-owned laboratory.
WA’s burgeoning reputation as a global tourism hotspot has powered record international visitation, with more than half a million overseas holidaymakers jetting to the State over the past year.
Page 16: Liberal preselection battles in key target seats across Perth are shaping up as a contest between two religions — God and Australian Rules football.
Business: Resurgent West African goldminer Perseus Mining has racked up its 12th consecutive quarter of meeting production guidance, capping off a year in which its share price almost trebled.
Impossible sales targets, endless refits and changing colour schemes are among onerous demands from car makers that are pushing regional car dealers out of business, the State’s peak dealership body claims.
Biotech company Nyrada has made its debut on the Australian stock exchange in the first float of the year after an $8.5 million oversubscribed initial public offering.
South32 has reported a mixed performance across its assets for the December quarter with record year-to-date production at its Brazil alumina business offset by weaker output across coal and manganese.
