22/10/2020 - 06:49

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22/10/2020 - 06:49

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States unite to back WA hard border.

States unite to back WA hard border

The Liberal-run Tasmanian Government has given one of the nation’s strongest endorsements of WA’s defence against Clive Palmer’s High Court bid to pull down the hard border. The West

Retailers to get $4bn online Christmas bonanza

The 2020 Christmas period is expected to be the largest online shopping event in Australia, with a record $4bn to be spent as the COVID-19 pandemic delivers a new era of online retail, Australia Post chief executive Christine Holgate said on Wednesday. The Aus

WA powers nation in mining employment

WA has for the first time accounted for more than half of all resources jobs advertised nationally, as the State continues to be the minerals powerhouse of the nation. The West

Future Fund ‘voiced concerns’ to Rio

The nation’s sovereign wealth fund has confirmed it demanded further action from Rio Tinto days before the miner forced the resignation of its chief executive over the destruction of the Juukan Gorge caves. The Aus

Hopes Virgin will re-emerge as Qantas rival

The federal government still hopes Virgin Australia will emerge from the ashes of the coronavirus shutdown as a viable rival to Qantas, but accepts that is unlikely, at least in the short term. The Fin

Packer chair ASIC threat

Former Crown Resorts executive chairman Rob Rankin may face prosecution by the corporate watchdog for failing to alert the casino giant’s board in 2015 that there was a ‘‘high risk’’ its staff in China could be arrested, and for failing to tell the board about a threat made to businessman Ben Gray by billionaire James Packer. The Fin

Alone in our optimism

WA business leaders have bucked the national trend, with local directors by far the most optimistic about the health of the State’s finances, according to a new report. The West

Energy reduction tech to save AMP millions across its assets

AMP Capital is deploying new energy saving artificial intelligence technology across its property assets, which promises to save the investment manager millions of dollars each year.

Watchdog flags crackdown on tech giants

The competition watchdog has urged tech giants Facebook and Google to accept their “obvious” market power, saying they risk stifling innovation and damaging journalism unless media companies are properly compensated for their news content. The Aus

‘It’s not fair’: bureaucrat job gripes leap 50pc

Complaints from public servants about missing out on promotions surged by almost 50 per cent during the COVID-19 pandemic, with the Australian Taxation Office forced to provide additional resources to process hundreds of reviews for jaded bureaucrats. The Aus

 

 

The Australian Financial Review

Page 1: Former Crown Resorts executive chairman Rob Rankin may face prosecution by the corporate watchdog for failing to alert the casino giant’s board in 2015 that there was a ‘‘high risk’’ its staff in China could be arrested, and for failing to tell the board about a threat made to businessman Ben Gray by billionaire James Packer.

Page 3: The federal government still hopes Virgin Australia will emerge from the ashes of the coronavirus shutdown as a viable rival to Qantas, but accepts that is unlikely, at least in the short term.

Page 4: Australian competition boss Rod Sims said more work to curtail the excessive market power of tech and media giant Google was now likely to occur, after US regulators backed up pioneering Australian investigations by launching landmark antitrust proceedings yesterday.

Page 5: ASX-listed construction group Watpac had two of its Sydney projects shut down by the construction union for the past three days over safety concerns, but the industry fears it is part of a campaign to pressure builders to sign up to a 20 per cent pay rise.

Page 8: The proportion of directors calling on the Morrison government to improve its engagement with China has doubled over the past six months in a sign that senior business leaders are becoming increasingly concerned at Australia’s strained political and commercial relationship with its biggest trading partner.

Page 12: NBN Co will offer massive limited-time discounts on its fastest internet plans in an attempt to get customers on to its more expensive offerings, thereby boosting revenue.

Page 14: Discount retailer The Reject Shop plans to renegotiate leases for more than 60 per cent of its store network over the next two years as part of a three-pronged strategy to restore growth.

Page 15: Online games company Mighty Kingdom is eyeing a listing on the Australian Securities Exchange.

Australia shipped its second carbon neutral cargo of liquefied natural gas in what some analysts expect will become a big trend as energy users strive towards net zero emissions and producers battle to extend the life of gas in the energy mix.

Page 16: The bitter battle between Russia and China for control of a Perth-based gold company has taken another twist, with the rival suitors now putting matching bids to shareholders.

Page 17: AMP Capital is deploying new energy saving artificial intelligence technology across its property assets, which promises to save the investment manager millions of dollars each year.

 

 

The Australian

Page 1: The 2020 Christmas period is expected to be the largest online shopping event in Australia, with a record $4bn to be spent as the COVID-19 pandemic delivers a new era of online retail, Australia Post chief executive Christine Holgate said on Wednesday.

Page 2: The competition watchdog has urged tech giants Facebook and Google to accept their “obvious” market power, saying they risk stifling innovation and damaging journalism unless media companies are properly compensated for their news content.

Page 3: A large not-for-profit company chaired by a leading businessman will take control of Australia’s biggest group of Catholic schools in the wake of the sex abuse royal commission.

Page 4: Complaints from public servants about missing out on promotions surged by almost 50 per cent during the COVID-19 pandemic, with the Australian Taxation Office forced to provide additional resources to process hundreds of reviews for jaded bureaucrats.

Page 8: While a surge in coronavirus infections is forcing US states and European countries to shut down bars, open field hospitals and limit social gatherings to small groups of people, such measures are becoming distant memories in much of Asia.

Page 13: Woolworths boss Brad Banducci believes there is “no going back” to the old ways of retailing that were the norm before COVID-19, with the supermarket giant now forecasting supercharged online growth that will see more of its customers using their screens to shop than walking into one of his supermarkets.

Page 14: Australian listed retailer Funtastic is on the cusp of buying Toys R Us Australia and Babies R Us Australia from Louis Mittoni, according to sources.

Page 15: The nation’s sovereign wealth fund has confirmed it demanded further action from Rio Tinto days before the miner forced the resignation of its chief executive over the destruction of the Juukan Gorge caves.

The Seven Network is supercharging its program line-up with a raft of family-friendly shows including Holey Moley, The Voice and Ultimate Tag, plus new drama series RFDS and loads of sport, in a bid to reclaim its free-to-air ratings crown.

 

 

The West Australian

Page 6: A WA Liberal government if elected next March would change the law to prevent police from ever granting bail to accused child sex offenders.

Page 7: Canning mayor Patrick Hall may not have understood the hype, but councillors have abandoned a proposal to dramatically increase a clothing allowance for elected members and ditched the perk completely after a backlash.

Page 9: Ground-breaking research will investigate how children are being sedated in hospitals after a huge increase in youngsters in severe mental crisis being taken to emergency departments.

Page 10: The Liberal-run Tasmanian Government has given one of the nation’s strongest endorsements of WA’s defence against Clive Palmer’s High Court bid to pull down the hard border.

Australia is losing $319 million a day in international and domestic air travel and the industry needs to be revived before Christmas, according to an analysis to be released by the Business Council of Australia.

Page 11: Fees for more than 100 TAFE courses will be slashed by as much as 70 per cent under a deal between the Federal and State governments.

Page 24: Tradies are one step closer to better protections at work after WA’s Upper House last night finally passed stalled industrial manslaughter laws.

Business: WA business leaders have bucked the national trend, with local directors by far the most optimistic about the health of the State’s finances, according to a new report.

WA has for the first time accounted for more than half of all resources jobs advertised nationally, as the State continues to be the minerals powerhouse of the nation.

New research has revealed the impact of COVID-19 on the spending and saving habits of WA households, with many locals concerned economic recovery from the pandemic will not be swift.

Production costs at St Barbara’s historic Gwalia gold mine soared in the face of a dramatic fall in production during the September quarter.

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