07/09/2020 - 06:58

Morning Headlines

07/09/2020 - 06:58

Bookmark

Upgrade your subscription to use this feature.

Banjima people ‘need progress’ on South Flank

Morning Headlines

Banjima people ‘need progress’ on South Flank

A senior Aboriginal elder has called for work on BHP’s multibillion-dollar South Flank mine in WA’s Pilbara to go ahead despite concerns about the destruction of up to 40 heritage sites. The West

Perth Airport will work with Virgin 2.0 despite previous run-in

Perth Airport says it will work constructively with the new owners of Virgin Australia to help it rebuild despite clashing over unpaid fees in the early stages of the pandemic. The Fin

Hancock pips Visy at post

Hancock Prospecting has ended the 11-year reign of packaging manufacturer Visy to become Australia’s largest private company, thanks to higher iron ore prices and higher production at its flagship Pilbara mine. The Fin

NW Shelf gas exports in doubt

Australia’s biggest LNG plant may be forced to cut gas exports unless new offshore supplies can be secured as the facility moves to a new tolling structure reliant on third-party resources, consultancy Wood Mackenzie has warned. The Aus

Higher childcare funding would boost GDP

Increasing the government’s share of the cost of childcare to near full funding would boost the post-pandemic economy by as much as $7.4 billion and help address gender inequality, according to KPMG. The Fin

Morrison locks in 85 million vaccine shots worth $1.7b

The Morrison government has locked in 84.8 million COVID-19 vaccines at a cost of $1.7 billion if and when they become available, as confidence grows medical approval and production could be achieved as early as January. The Fin

Green groups pressure heritage body to intervene on law change

Peak environment groups have called on UNESCO to intervene in the Morrison government’s bid to cut green tape by giving greater decision-making powers to the states and territories. The Aus

Debate begins on outdated power policy

Stricter rules around the closures of coal power stations to avoid price shocks and the creation of a reserve generation market are options being tabled to adapt the National Electricity Market to the rapid rise of renewables. The Fin

As virus eases Australia to lure foreign students

New data from English language testing company IDP Education is sending an upbeat signal to Australian universities that international students may be ready to come back in big numbers as COVID-19 begins receding. The Fin

Zip, Afterpay crews back a new Superhero

The founders of buy now, pay later juggernauts Zip and Afterpay are among the backers of a new low-cost Australian share trading platform. The Fin

  

 

The Australian Financial Review

Page 1: Business leaders accused the Andrews government of trying to eradicate COVID-19 in Victoria and refusing to listen to industries that have been operating safely, after Premier Daniel Andrews revealed a reopening plan that will keep many businesses shut until late October.

Page 3: A growing group of Liberal MPs want home ownership to be a cornerstone principle of the retirement system, overturning a three decade focus on building high superannuation balances.

Page 5: The Morrison government has locked in 84.8 million COVID-19 vaccines at a cost of $1.7 billion if and when they become available, as confidence grows medical approval and production could be achieved as early as January.

Page 8: The Morrison government has extended insolvent trading relief to 2021 in a bid to prevent further job losses and avoid another massive hit to the economy.

Page 10: Increasing the government’s share of the cost of childcare to near full funding would boost the post-pandemic economy by as much as $7.4 billion and help address gender inequality, according to KPMG.

Page 11: Stricter rules around the closures of coal power stations to avoid price shocks and the creation of a reserve generation market are options being tabled to adapt the National Electricity Market to the rapid rise of renewables.

Page 14: New data from English language testing company IDP Education is sending an upbeat signal to Australian universities that international students may be ready to come back in big numbers as COVID-19 begins receding.

Page 15: The founders of buy now, pay later juggernauts Zip and Afterpay are among the backers of a new low-cost Australian share trading platform.

Page 21: Australia’s biggest private childcare operator, G8 Education, says parents are quickly returning children to centres – within days in one case – following localised pandemic outbreaks.

Perth Airport says it will work constructively with the new owners of Virgin Australia to help it rebuild despite clashing over unpaid fees in the early stages of the pandemic.

Page 36: Hancock Prospecting has ended the 11-year reign of packaging manufacturer Visy to become Australia’s largest private company, thanks to higher iron ore prices and higher production at its flagship Pilbara mine.

 

 

The Australian

Page 2: Peak environment groups have called on UNESCO to intervene in the Morrison government’s bid to cut green tape by giving greater decision-making powers to the states and territories.

Page 5: Only 1 in 10 Australians say they plan to leave their hometown for the Christmas holidays, and more than half say they are unlikely to travel at all over the next six months, foreshadowing a dire summer season for the nation’s tourist sector.

Page 7: Bringing aged care up to scratch would require every Australian to pay an extra one percentage point of income tax, a Deloitte Access Economics report finds.

Page 13: Australia’s biggest LNG plant may be forced to cut gas exports unless new offshore supplies can be secured as the facility moves to a new tolling structure reliant on third-party resources, consultancy Wood Mackenzie has warned.

Older shoppers are increasingly turning to online shopping as heavy restrictions across the country limit movement and business opening hours, with these savvy greying consumers feeling more comfortable going digital, especially in categories like furniture and housewares.

Page 14: Mining services provider Perenti is the latest listed company heading to the bond market, with expectations it will secure more than $500m.

Page 15: Business Council of Australia boss Jennifer Westacott has blasted executives who received bonuses even as their companies took billions in taxpayer-funded emergency support through the COVID-19 crisis.

Page 19: International groups representing publications across the US and Britain have thrown their support behind Australia‘s “big tech” bargaining code, calling on the federal government to hold firm and declaring that if successful, a similar mechanism should be implemented in their jurisdictions.

 

 

The West Australian

Page 4: The only threat to bring down WA’s hard border — Clive Palmer’s legal challenge — will likely be heard by the High Court in about two months, Australia’s most senior judge has indicated.

Page 11: The Premier is accusing a western suburbs council of “turning their backs on terminally ill children and their families” by potentially delaying plans for WA’s first children’s hospice.

Page 14: A WA public school principal with more than 40 years’ experience in education has deplored a trend towards the “snowplough” style of parenting.

Business: A senior Aboriginal elder has called for work on BHP’s multibillion-dollar South Flank mine in WA’s Pilbara to go ahead despite concerns about the destruction of up to 40 heritage sites.

Euroz has revealed that last week’s cyberattack on its merger partner, Hartleys, may have accessed client information and confirmed that there was a ransom demand.

Boeing’s biggest union is girding for a showdown over possible consolidation of 787 Dreamliner production at a non-union plant, saying the plane maker’s study of the issue is a “charade”.

Technology is tipped to be the “next gold rush” in a post-pandemic world, but there are fears many academics will miss the boat.

Financial planning firms promoting in-house financial products have been put on notice, with the Australian Securities and Investments Commission taking action against a major east coast firm.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options