18/02/2020 - 06:43

Morning Headlines

18/02/2020 - 06:43

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Morning Headlines

Gas giant calls on government to take charge on emissions

Woodside Petroleum, one of Australia’s biggest carbon emitters, is challenging the McGowan Government to “lead by example” on climate change. The West

One giant leap for WA

Robots controlled from WA could help build outposts on the Moon and Mars after Perth was selected as the headquarters for a national consortium that aims to find celestial uses for the State’s autonomous mining expertise. The West

Militant union leaders lose the right to enter worksites

Construction and maritime union leaders have abandoned their rights to enter worksites after facing opposition from the Australian Building and Construction Commission, including an extraordinary intervention by the watchdog into the maritime sector. The Fin

Australia too reliant on imported drugs: report

Australia is dangerously dependent on imported medicine and as a matter of national security must develop ‘‘some level of sovereign capability’’ to safeguard supply, a report finds. The Fin

Gas users miss export price falls

The Morrison government has warned gas producers and retailers to pass on cost savings after a report by the Australian Competition and Consumer Commission found prices were at least 25 per cent above an export equivalent price. The Fin

Push to revive cyber portfolio after Toll hack

Defence Minister Linda Reynolds has insisted the government is strongly committed to strengthening cyber resiliency across Australian business, following the crippling ransomware attack on logistics giant Toll Group. The Fin

PM pushes tech target for climate

Scott Morrison is expected to adopt a technology investment target to avoid Australia signing up to an internationally imposed requirement for net zero emissions by 2050, with the new climate change plan to be presented at this year’s UN summit in Glasgow. The Aus

Digital evolution vital to energy sector

WA sits in a strong position to shape the future of the global energy and resources sectors but it won’t come without some challenges, chief executive of National Energy Resources Australia Miranda Taylor said. The West

QBE issues climate change alert

Chief executive Pat Regan said climate change was one of the biggest challenges facing QBE as he called for insurers and government to keep insurance affordable in high-risk areas and increase mitigation activity. The Aus

GR to take the helm

Perth company GR Engineering is to resume operating responsibility for an oil-production ship in the Timor Sea abandoned by liquidators earlier this month. The West

 

 

The Australian Financial Review

Page 1: Tax reform architect Ken Henry has warned economically damaging ‘‘stealth’’ tax rises on personal income and companies since his 2010 landmark tax review for the Rudd government have left the nation’s revenue stream at breaking point.

Page 2: Construction and maritime union leaders have abandoned their rights to enter worksites after facing opposition from the Australian Building and Construction Commission, including an extraordinary intervention by the watchdog into the maritime sector.

Page 3: The Morrison government has proposed disqualifying company directors and banning businesses from using visa workers to deter underpayments, as it also pledges ‘‘significant’’ jail terms and fines for the most serious cases.

Page 4: Australia is dangerously dependent on imported medicine and as a matter of national security must develop ‘‘some level of sovereign capability’’ to safeguard supply, a report finds.

Page 7: The Morrison government has warned gas producers and retailers to pass on cost savings after a report by the Australian Competition and Consumer Commission found prices were at least 25 per cent above an export equivalent price.

Page 12: Bendigo and Adelaide Bank has been forced to cut the dividend, raise capital and close even more branches as it pours money into technology in an attempt to match its big bank rivals’ flashy systems.

Page 17: Toilet and tap maker GWA says stronger signs are emerging that the housing market could return to growth in 2021.

Page 19: Defence Minister Linda Reynolds has insisted the government is strongly committed to strengthening cyber resiliency across Australian business, following the crippling ransomware attack on logistics giant Toll Group.

Online employment marketplace Expert360 has raised $12 million in an external funding round from existing investors and will hire a chief operating officer to work with founder and chief executive Bridget Loudon, as it looks to scale up its operations ahead of a possible public listing.

 

 

The Australian

Page 1: Scott Morrison is expected to adopt a technology investment target to avoid Australia signing up to an internationally imposed requirement for net zero emissions by 2050, with the new climate change plan to be presented at this year’s UN summit in Glasgow.

Page 2: The Coalition has slashed aid to Southeast Asian countries by 42 per cent to help fund its “Pacific step-up”, undermining efforts to boost Australia’s influence in the region amid growing security and economic challenges.

Page 4: The consumer watchdog has warned that high gas prices are forcing factories to shut and companies to go into liquidation, as the Morrison government moves to extend its gas supply guarantee to ensure electricity generators can operate during peak demand.

Page 17: Chief executive Pat Regan said climate change was one of the biggest challenges facing QBE as he called for insurers and government to keep insurance affordable in high-risk areas and increase mitigation activity.

Page 18: Private equity funds Apollo Global Management and Carlyle Group, along with BGH Capital, are believed to have approached Woolworths about an acquisition of its liquor and pubs division Endeavour Group.

Page 28: Ratings agencies have downgraded their forecasts for the Australian economy due to the coronavirus crisis, with the China travel ban extended by a week and large sections of the Chinese economy shut down.

 

 

The West Australian

Page 3: A former adviser to Victorian Premier Daniel Andrews has been confirmed as WA Labor’s new State secretary and campaign director.

Page 7: Dentists are pulling out rotten teeth from about 21 children a week at Perth Children’s Hospital, with some still in nappies and half not having had their 5th birthday.

Page 8: Three quarters of Australians say they have been impacted by this year’s bushfire season, with researchers warning the Government might not recover from the hit it has taken in approval and confidence ratings as a result.

Robots controlled from WA could help build outposts on the Moon and Mars after Perth was selected as the headquarters for a national consortium that aims to find celestial uses for the State’s autonomous mining expertise.

Page 9: Indigenous businesses will be given access to mentors to coach them on how to grow their companies and find investors, under a new Federal Government program.

Business: Woodside Petroleum, one of Australia’s biggest carbon emitters, is challenging the McGowan Government to “lead by example” on climate change.

Sheffield Resources has defended its Thunderbird mineral sands project in the Kimberley as a “fabulous” development, despite being forced into further cutbacks after failing to flush out a major equity backer.

Retired couples need an extra $1292 a year and singles $829 to achieve a comfortable retirement, new figures have revealed.

Perth company GR Engineering is to resume operating responsibility for an oil-production ship in the Timor Sea abandoned by liquidators earlier this month.

WA sits in a strong position to shape the future of the global energy and resources sectors but it won’t come without some challenges, chief executive of National Energy Resources Australia Miranda Taylor said.

A Perth-based company focused on silica sand resources says its Muchea project has the potential to unlock a new long-term industry for WA, with increasing demand for glass in Asia.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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