23/10/2020 - 06:50

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23/10/2020 - 06:50

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WA university scraps faculties as academics face budget reality.

WA university scraps faculties as academics face budget reality

The University of Western Australia is abolishing a cornerstone of academic establishment – the faculty – in a bid to make teachers and researchers more responsible for the money they spend and the revenue they earn. The Fin

Canberra boost for Pilbara renewables

A renewable energy hub spanning thousands of kilometres in the Pilbara region is one step closer to coming to life: the federal government is poised to award a ‘‘major project status’’ to the proposal today. The Fin

Packer fails to halt Crown ‘first strike’

James Packer has refused to save Crown Resorts from a ‘‘first strike’’ against its remuneration report, instead abstaining from a crucial vote at the casino operator’s annual general meeting and opening the door to a spill of the board next year. The Fin

Rip up aged care, start over

The aged care sector should be reconstructed with nursing homes required by law to deliver minimum adequate care standards and address system-wide neglect that is currently failing at least 20 per cent of residents. The Aus

Dutton attacks Facebook’s ‘death star’

The nation’s top national security figures have warned that a plan by Facebook to fully encrypt its message services will potentially create a global dark web, enabling terrorism, paedophilia and other nefarious activities to flourish. The Fin

JobKeeper rort concerns stall $1b in payments

More than $1 billion in JobKeeper wage payments were being withheld during the pandemic, as the Australian Taxation Office investigated concerns about worker eligibility and the potential for rorts. The Fin

How the virus stole the show

An 11th-hour decision to cancel the Perth Royal Show — after the State Government’s Phase 5 COVID restrictions were pushed back — has cost the organiser more than $2 million. The West

OZ predicts pandemic will hasten clean energy revolution

OZ Minerals shares have hit a nine-year high on surging copper prices, improved cost and volume guidance and managing director Andrew Cole’s prediction that the pandemic will trigger much-faster adoption of renewable energy and storage. The Fin

Feral pig kill probe

An urgent inquiry will be launched by the State Government after two hunters employed by a WA taxpayer-funded biosecurity group were yesterday convicted of animal cruelty for allowing six dogs to kill a feral pig. The Fin

Slow delivery and short supply hurts operators

Supply chain issues are emerging as the biggest challenge for many WA operations, with local business owners warning getting stock from overseas is starting to affect trade. The West

 

 

The Australian Financial Review

Page 1: Donald Trump must urgently refocus his campaign on the economy and jobs, rather than fomenting further controversy over media coverage or individuals such as his top infectious diseases expert, Anthony Fauci, according to conservative pollster Lynton Crosby’s CT Group.

James Packer has refused to save Crown Resorts from a ‘‘first strike’’ against its remuneration report, instead abstaining from a crucial vote at the casino operator’s annual general meeting and opening the door to a spill of the board next year.

Page 3: Taxpayers paid twice to fund the broadcasting of women’s soccer after the ABC bought rights from Foxtel, which had received a $10 million government subsidy to support coverage.

Page 5: The nation’s top national security figures have warned that a plan by Facebook to fully encrypt its message services will potentially create a global dark web, enabling terrorism, paedophilia and other nefarious activities to flourish.

Page 6: The University of Western Australia is abolishing a cornerstone of academic establishment – the faculty – in a bid to make teachers and researchers more responsible for the money they spend and the revenue they earn.

More than $1 billion in JobKeeper wage payments were being withheld during the pandemic, as the Australian Taxation Office investigated concerns about worker eligibility and the potential for rorts.

Page 17: Woodside Petroleum has unveiled plans for an upsizing of its $16 billion Scarborough LNG project in Western Australia as it looks to beef up its competitiveness and cement in place a development decision targeted for next year.

OZ Minerals shares have hit a nine-year high on surging copper prices, improved cost and volume guidance and managing director Andrew Cole’s prediction that the pandemic will trigger much-faster adoption of renewable energy and storage.

Page 20: A renewable energy hub spanning thousands of kilometres in the Pilbara region is one step closer to coming to life: the federal government is poised to award a ‘‘major project status’’ to the proposal today.

Page 33: Government stimulus measures helped drive a 40 per cent lift in first-quarter residential lot sales for developer and fund manager Mirvac.

 

 

The Australian

Page 1: The aged care sector should be reconstructed with nursing homes required by law to deliver minimum adequate care standards and address system-wide neglect that is currently failing at least 20 per cent of residents.

Page 2: Scott Morrison and national cabinet leaders will unveil the next steps in reopening Australia’s economy, moving towards the removal of COVID-19 border and social restrictions by Christmas.

Page 4: Australia’s $1 trillion gross debt bill has been inflated by a $200bn superannuation liability blowout fuelled by record low interest rates, as the Morrison government delays accessing the $161bn Future Fund to offset unfunded pension schemes.

Page 5: Thousands of foreign students trying to apply for Australian visas are facing long delays in receiving the necessary biometric tests, potentially denying the nation’s universities much-needed enrolments.

Page 8: Victoria’s Belt and Road Initiative agreement with China should alarm the community because it will come with “strings attached’’, including the expectation of backing the communist giant’s foreign policy, according to a former US national security adviser.

Page 15: Kogan.com chairman Greg Ridder has declared that the retailer’s founder, Ruslan Kogan, is “the smartest guy in the room” and, along with finance boss David Shafer, deserved the more than $130m in long-term bonus payments.

Page 17: Online travel agency Webjet welcomed the possibility of Virgin becoming a low-cost carrier at its annual meeting overnight.

Page 23: Ratings agency S&P Global has issued contracting giant CIMIC a warning over its credit rating, saying the cash from the sale of half of its Thiess contracting business may not be enough to protect its position.

 

 

The West Australian

Page 1: The Federal Government is contemplating pouring hundreds of millions of dollars into developing its own COVID-19 vaccine technology, despite being offered a free ready-to-use IT platform from one of the world’s biggest software firms.

Page 11: Perth’s public transport use has bounced back to almost 80 per cent of pre-virus levels — one of the highest return rates of any city in the world.

Page 16: An urgent inquiry will be launched by the State Government after two hunters employed by a WA taxpayer-funded biosecurity group were yesterday convicted of animal cruelty for allowing six dogs to kill a feral pig.

Page 24: The assets of corrupt public servant Paul Whyte — including two Mosman Park homes, cash related to thoroughbred horses and $1.4 million worth of superannuation — have been confiscated under unexplained wealth provisions used for the first time this week.

Business: Supply chain issues are emerging as the biggest challenge for many WA operations, with local business owners warning getting stock from overseas is starting to affect trade.

Supreme Court judge Kenneth Martin has warned that there “will be nothing left to fight over” if litigation continued between Chinese agricultural group Heilongjian Feng and a failed Great Southern venture.

An 11th-hour decision to cancel the Perth Royal Show — after the State Government’s Phase 5 COVID restrictions were pushed back — has cost the organiser more than $2 million.

Liontown Resources believes there is merit in developing a downstream processing plant to produce battery-grade products at its flagship lithium project near Leinster.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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