16/09/2020 - 06:55

Morning Headlines

16/09/2020 - 06:55

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Staff & Indigenous priorities for new boss

Morning Headlines

Staff & Indigenous priorities for new boss

Rio Tinto’s new iron ore boss Ivan Vella says his priorities will be restoring staff morale and rebuilding the company’s damaged relationships with Indigenous groups in the Pilbara. The West

BHP quiet on WA nickel plant delay

BHP is running a year behind schedule with a much-hyped nickel sulphate plant as problems continue to plague battery metals processing projects in Western Australia. The Fin

Scentre plans hybrid raising

Scentre, which owns the local Westfield mall empire, is planning a major hybrid issue in a move that will alleviate pressure on its balance sheet as the value of large shopping centres plunges. The Aus

Navy’s $45b frigates face two-year wait

Australia’s $45 billion frigate program could be delayed for up to two years, with top-level naval shipbuilding experts advising the Morrison government there has been schedule ‘‘slippage’’ with the project. The Fin

Closed borders are no sign of success: PM

Scott Morrison has again urged states with closed borders to open up when safe to do so and build on the momentum created by Victoria and South Australia, which yesterday announced an easing of restrictions. The Fin

Women, over 65s cash in on stimulus

Women and Australians over the age of 65 were the biggest recipients of the Morrison government’s $750 COVID-19 stimulus payments, but the big spenders were those under 30. The Fin

Give me one throat to choke: Cleanaway boss

The corporate watchdog is examining $10 million worth of share sales in late August by Cleanaway Waste Management chief executive Vik Bansal, who has told employees to give him ‘‘one throat to choke’’ when presented with bad news. The Fin

Paul Whyte’s department of overspend

The embattled Department of Communities is preparing for a wave of redundancies as it seeks to rein in a “significant overspend” on salaries and services that was permitted to occur under the watch of former assistant director-general Paul Whyte. The West

Clive heads to court… yet again

Clive Palmer has launched a High Court challenge to strike out an emergency law introduced by the State Government to kill off his $30 billion damages claim. The West

Push to bring stranded Aussies home

Thousands of Australians stranded overseas could be brought home via a dedicated quarantine facility outside Darwin under a plan being pushed by the Northern Territory government, amid a national cabinet impasse over hotel quarantine capacity. The Aus

Juukan debacle paints miners as evil: Calderon

Rio Tinto’s destruction of the Juukan Gorge caves in Western Australia’s Pilbara had damaged the entire industry and wrongly cast miners as an “evil empire”, according to one of its biggest suppliers, Orica. The Aus

 

 

The Australian Financial Review

Page 1: Scott Morrison’s threat to intervene in the energy market by building a gas-fired power station and underwriting pipelines has sparked a backlash from gas and energy suppliers, who say it will distort the market and demonstrates once more the need for a settled energy policy.

Hundreds of Australian people from smugglers, fraudsters, drug king pins and a former Macquarie banker jailed for dealing ecstasy are named on a leaked Chinese database, pointing to Beijing’s use of organised crime figures for gathering intelligence and running foreign interference operations.

Page 2: Residential rents are going to continue to fall, at least in the near term, driven by record low migration levels from COVID-19 restrictions, minutes from the central bank’s most recent board meeting show.

Page 3: Australia’s $45 billion frigate program could be delayed for up to two years, with top-level naval shipbuilding experts advising the Morrison government there has been schedule ‘‘slippage’’ with the project.

Page 9: Scott Morrison has again urged states with closed borders to open up when safe to do so and build on the momentum created by Victoria and South Australia, which yesterday announced an easing of restrictions.

Page 11: Women and Australians over the age of 65 were the biggest recipients of the Morrison government’s $750 COVID-19 stimulus payments, but the big spenders were those under 30.

Page 14: The corporate watchdog is examining $10 million worth of share sales in late August by Cleanaway Waste Management chief executive Vik Bansal, who has told employees to give him ‘‘one throat to choke’’ when presented with bad news.

Page 17: BHP is running a year behind schedule with a much-hyped nickel sulphate plant as problems continue to plague battery metals processing projects in Western Australia.

Big four consultancy Ernst & Young could be on the hook for almost $12 million in damages over a civil court claim that the firm’s auditors engaged in fraud and deceit in their work on collapsed mining company Penrice Soda Holdings.

 

 

The Australian

Page 3: The family home should be included in any means test to determine how much an individual contributes to the cost of their residential aged care, federal Treasury says.

Page 4: Thousands of Australians stranded overseas could be brought home via a dedicated quarantine facility outside Darwin under a plan being pushed by the Northern Territory government, amid a national cabinet impasse over hotel quarantine capacity.

Australian researchers have developed a blood test that can capture previous exposure to COVID-19, with initial results suggesting thousands of people have been exposed to the virus without knowing it.

Page 6: Labor’s draft policy platform has flagged tax breaks for small and micro businesses under an Albanese government.

Page 7: Infants removed into state care in Western Australia are less likely than ever to be returned to their parents, and parents are rarely able to access legal help despite government policy that aims to reunify them.

Equestrian Australia has avoided liquidation after five of the sport’s six state branches voted in favour of significant constitutional changes to reform the embattled body.

Page 13: Tensions have erupted between the Morrison government and some of the nation’s biggest energy players, after the threat of commonwealth intervention in the electricity market sparked fresh investor concern over rising sovereign risk amid accusations from Canberra that big power companies had championed high prices.

Rio Tinto’s destruction of the Juukan Gorge caves in Western Australia’s Pilbara had damaged the entire industry and wrongly cast miners as an “evil empire”, according to one of its biggest suppliers, Orica.

Page 15: Scentre, which owns the local Westfield mall empire, is planning a major hybrid issue in a move that will alleviate pressure on its balance sheet as the value of large shopping centres plunges.

Used-vehicle prices have soared during the COVID-19 pandemic as Australians shun public transport and ride-sharing services.

Page 16: The coronavirus pandemic has trimmed the annual pay of BHP chief executive Mike Henry, but he still was paid more than $US6m ($8.19m) after half a year in the job.

 

 

The West Australian

Page 4: A teacher has been stood down after she allegedly allowed students at a South West high school to watch a video in her classroom of a violent suicide — the day after all schools had been warned about the sickening footage.

Page 6: Clive Palmer has launched a High Court challenge to strike out an emergency law introduced by the State Government to kill off his $30 billion damages claim.

Page 7: High-tech hard hats and vests will measure the temperature of workers for signs of fever, in a world-first trial to keep construction sites safe from coronavirus.

Page 8: Ken Wyatt says he is not giving up the fight for Indigenous rights and will find a way to recontest the next election even if his seat gets axed in the upcoming Federal redistribution.

Page 10: The embattled Department of Communities is preparing for a wave of redundancies as it seeks to rein in a “significant overspend” on salaries and services that was permitted to occur under the watch of former assistant director-general Paul Whyte.

Page 14: The WA Liberals say they will not support a push from their own child protection spokesman Nick Goiran for priests to be exempt from new laws that would force them to report predators who confess child sex crimes to them.

Page 17: A coming-of-age movie about a teenage Aboriginal girl will begin filming in the Pilbara next year after securing major funding from Screen Australia and Screenwest yesterday.

Business: Rio Tinto’s new iron ore boss Ivan Vella says his priorities will be restoring staff morale and rebuilding the company’s damaged relationships with Indigenous groups in the Pilbara.

Iron ore billionaire Andrew Forrest is mounting a last-ditch legal bid to stop the McGowan Government from considering a sand miner’s application to explore his beloved Minderoo Station.

West Australians will have better access to locally caught lobsters with amended laws allowing fishermen to sell up to 100 per trip directly to the public and hospitality sector.

The McGowan Government has struck a deal with one of Vietnam’s wealthiest provinces to strengthen business and investment opportunities in the agrifood, education and mining sectors.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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