02/11/2020 - 06:49

Morning Headlines

02/11/2020 - 06:49

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Miner targets heritage site for project.

Miner targets heritage site for project

Dozens of cultural heritage sites on Pilbara land held by the same native group still reeling from the destruction of the Juukan Gorge rockshelters could be impacted under a new push by iron ore miner Fortescue Metals Group. The Aus

Landlords eye 20pc increase when COVID measures finish

Rents are likely to jump 20 per cent in late March when the ban on rental increases ends. The West

‘Precious’: No new locally acquired cases in Australia

For the first time in almost five months no new locally acquired coronavirus cases were confirmed anywhere in Australia yesterday but Victorian health authorities have urged continued vigilance in the face of soaring case numbers globally. The Fin

China rocks cray industry

WA’s lobster industry has ground to a halt as exporters stop sending shipments to China after reports of live shellfish being stranded at a Chinese airport because of clearance issues. The West

WA growth makes Aussie market tops in resources funding

The Australian Securities Exchange has confirmed it is the most prolific market in the world for resources company capital raisings — thanks in large part to WA miners and explorers. The West

More pain for BP after refinery shuts

BP will slash 20 per cent of its Australian staff in a further blow to the nation’s energy sector after its decision to close the Kwinana refinery, with Energy Minister Angus Taylor to hold crunch talks to stop three remaining facilities shutting their doors. The Aus

Crown role makes Coonan unfit to lead financial ombudsman: Labor

Labor is demanding the chairman of the besieged Crown Resorts, Helen Coonan, be dumped as the head of the federal government’s financial consumer complaints body. The Fin

Savers braced for new RBA hit

Savers are expected to suffer another blow on Melbourne Cup day, with Reserve Bank of Australia governor Philip Lowe expected to deliver a mini rate cut from 0.25 per cent to 0.1 per cent. The Aus

Deal could help Coke regain its fizz: Coles chief

Coles chief executive Steven Cain, one of the largest sellers of Coca-Cola in Australia, welcomes the innovation and focus on higher-margin beverages that could flow from the $9.3bn takeover of Coca-Cola Amatil by a European Coke bottler. The Aus

Optus bid for mobile pure-play Amaysim

SingTel Optus has made an all-cash bid to buy Amaysim and is finalising due diligence and transaction documents to pave the way for a binding agreement. The Fin

 

 

The Australian Financial Review

Page 1: Democrat challenger Joe Biden enters the final 48 hours of the 2020 presidential race with a narrow lead, as markets brace for more turmoil after their worst week since March and new coronavirus cases in the US topped 100,000.

Page 3: Female workers bore the brunt of the economic shutdowns caused by the coronavirus pandemic, but men will be the bigger losers over the longer term as male-dominated industries atrophy, according to analysis to be released today by Labor frontbencher Clare O’Neil.

Page 6: Bankers, economists and former Reserve Bank board directors have urged the central bank not to cut the cash rate to 0.10 per cent from 0.25 per cent and enact a massive quantitative easing program tomorrow.

Labor is demanding the chairman of the besieged Crown Resorts, Helen Coonan, be dumped as the head of the federal government’s financial consumer complaints body.

Page 8: Company bosses are in mixed minds about a big return to their offices in central business districts post-pandemic, with only some set to be back at their desks by Christmas.

Page 9: For the first time in almost five months no new locally acquired coronavirus cases were confirmed anywhere in Australia yesterday but Victorian health authorities have urged continued vigilance in the face of soaring case numbers globally.

Page 16: Boe Pahari was penalised a total of £1.2 million ($2.2 million) after AMP settled a sexual harassment claim brought by a female subordinate at AMP Capital, an amount that included legal costs and the settlement paid to the woman involved.

Page 17: SingTel Optus has made an all-cash bid to buy Amaysim and is finalising due diligence and transaction documents to pave the way for a binding agreement.

 

 

The Australian

Page 1: Australia recorded its first day without a COVID-19 transmission in nearly five months, but Annastacia Palaszczuk said her election victory showed voters backed her decision to keep the state’s borders closed to Sydney and Victoria.

Page 2: Australia will suffer the economic equivalent of a COVID-19 crisis every year by 2050 if policymakers do not take decisive action now to combat climate change, new modelling from Deloitte Access Economics says.

Page 3: Dozens of cultural heritage sites on Pilbara land held by the same native group still reeling from the destruction of the Juukan Gorge rockshelters could be impacted under a new push by iron ore miner Fortescue Metals Group.

Page 4: Savers are expected to suffer another blow on Melbourne Cup day, with Reserve Bank of Australia governor Philip Lowe expected to deliver a mini rate cut from 0.25 per cent to 0.1 per cent.

Page 10: British Prime Minister Boris Johnson plans to stare down fierce opposition from his own MPs and plunge England into a second tight lockdown for at least a month, bringing in the military to enforce upgraded test and trace measures.

Page 15: BP will slash 20 per cent of its Australian staff in a further blow to the nation’s energy sector after its decision to close the Kwinana refinery, with Energy Minister Angus Taylor to hold crunch talks to stop three remaining facilities shutting their doors.

Coles chief executive Steven Cain, one of the largest sellers of Coca-Cola in Australia, welcomes the innovation and focus on higher-margin beverages that could flow from the $9.3bn takeover of Coca-Cola Amatil by a European Coke bottler.

 

 

The West Australian

Page 1: WA’s lobster industry has ground to a halt as exporters stop sending shipments to China after reports of live shellfish being stranded at a Chinese airport because of clearance issues.

Page 5: Rents are likely to jump 20 per cent in late March when the ban on rental increases ends.

Page 6: Labor is using the McGowan Government’s bitter stoush with Clive Palmer to harvest the personal data of West Australians ahead of the State election.

Page 7: Former premier Colin Barnett has warned his old party against a preference swap with One Nation after Liberal leader Liza Harvey said she would not rule out a deal.

Page 9: WA will soon have the most relaxed border of anywhere in Australia with Melbourne, the epicentre of Australia’s second coronavirus wave.

Page 17: Homework headaches and “competitive parenting” are fuelling children’s high anxiety, Australia’s new National Children’s Commissioner warned yesterday.

Business: The Australian Securities Exchange has confirmed it is the most prolific market in the world for resources company capital raisings — thanks in large part to WA miners and explorers.

Cash-strapped startups often struggle to get off the ground in WA due to a lack of early stage funding opportunities.

Deloitte Access Economics has painted a bleak picture of the WA economy in 2070 if little is done to fight climate change.

The Netherlands has rejected a cost-cutting plan put forth by Air France-KLM’s Dutch arm and withheld a portion of a €3.4 billion ($4b) government bailout until it approves the restructuring plan.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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