24/11/2020 - 06:15

Morning Headlines

24/11/2020 - 06:15

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PM: China needlessly hurting ties

Morning Headlines

PM: China needlessly hurting ties

Scott Morrison has accused China of needlessly damaging the relationship with Australia by wrongly assuming his government was doing the bidding of the United States by taking steps to safeguard sovereignty. The Fin

Myer shares surge amid takeover talk

Myer shares have surged to their highest in 10 months as investors reassess the department store retailer’s prospects and amid renewed speculation of a takeover offer from Premier Investments or its chairman Solomon Lew. The Fin

Qantas says COVID vaccine compulsory to go overseas

Qantas passengers will have to prove they have been vaccinated against COVID-19 to board an international flight, the airline’s boss Alan Joyce has confirmed. The West

‘Kryptonite for tourism’: Airports fume at knee-jerk border closures

Airport chiefs have railed against the knee-jerk border closures that have cut off South Australia from much of the nation despite fears easing of a second-wave of COVID-19 infections in Adelaide. The Fin

BHP’s plan to future-proof supply chain

BHP says it is looking to ‘‘build back better’’ with its supply chains and put an even greater emphasis on lower carbon emissions in procurement as part of its response to COVID-19. The Fin

JobKeeper success, 700,000 kept in work: RBA

One in five Australians and three in five migrant workers who received JobKeeper would not have remained employed had it not been for the government’s $101 billion program, the Reserve Bank has found. The Fin

PM quiet over subs

Scott Morrison is refusing to say when a decision will be made on a multibillion-dollar submarine maintenance contract — let alone if WA has won the work. The West

Clipped wings limit Virgin’s market share

Virgin Australia will face an uphill battle to regain its 30 per cent of the domestic travel market, with new analysis showing the airline is already losing ground to rival Qantas. The Aus

Private schools in Covid fees freeze

The nation’s most expensive private schools are freezing tuition fees in 2021 and many will continue to provide relief to families impacted by the COVID-19 pandemic, signalling the end of a 20-year cycle of above-inflation price rises across the sector. The Aus

Business urged to ready for tech effect

WA’s workforce could be left vulnerable and ill-prepared by the impact of technology, including the effects of automation, warns a new report. The West

 

 

The Australian Financial Review

Page 1: Scott Morrison has accused China of needlessly damaging the relationship with Australia by wrongly assuming his government was doing the bidding of the United States by taking steps to safeguard sovereignty.

Page 3: Airport chiefs have railed against the knee-jerk border closures that have cut off South Australia from much of the nation despite fears easing of a second-wave of COVID-19 infections in Adelaide.

Page 5: In a world first, Australian researchers have shown a COVID-19 infection provides at least eight months of sustained protection against reinfection.

Page 8: One in five Australians and three in five migrant workers who received JobKeeper would not have remained employed had it not been for the government’s $101 billion program, the Reserve Bank has found.

Page 10: The Morrison government says it welcomes China’s interest in joining the Trans-Pacific Partnership free trade deal despite bilateral relations between Canberra and Beijing plunging to their lowest ebb.

Page 11: Ampol chief executive Matt Halliday says the push by the fuel group to try to capitalise on a ‘‘buy Australian’’ sentiment that is accelerating among customers won’t be undermined if the company decides to shut down the Lytton refinery in Brisbane.

Page 13: Myer shares have surged to their highest in 10 months as investors reassess the department store retailer’s prospects and amid renewed speculation of a takeover offer from Premier Investments or its chairman Solomon Lew.

Page 14: Childcare giant G8 Education botched earnings forecasts by failing to account for an industry-wide glut of centres squeezing revenues, class action lawyers allege.

Page 15: Life insurers and annuities providers are licking their lips at the prospect of new revenue streams from compulsory superannuation, after the landmark Callaghan report warned many Australians are not taking advantage of their own retirement savings.

Page 17: BHP says it is looking to ‘‘build back better’’ with its supply chains and put an even greater emphasis on lower carbon emissions in procurement as part of its response to COVID-19.

Australia’s rump of mid-tier mining companies are outperforming the market but lagging behind on environmental, social and corporate governance (ESG) reporting, according to PwC.

 

 

The Australian

Page 1: The nation’s most expensive private schools are freezing tuition fees in 2021 and many will continue to provide relief to families impacted by the COVID-19 pandemic, signalling the end of a 20-year cycle of above-inflation price rises across the sector.

Page 2: ABC chair Ita Buttrose has expressed alarm at a “more strident” campaign against the public broadcaster, launching a major defence of the organisation and press freedom.

Page 7: Scientists have used a 3D printer to create tiny human kidneys in the laboratory, raising hopes that human tissue printing will one day allow those with end-stage kidney failure to receive a bio-printed kidney instead of waiting for a donor kidney transplant.

Page 8: As leaders of the world’s richest nations voiced support at the weekend’s G20 summit for fair distribution of COVID-19 vaccines to the developing world, Indonesia’s state-owned pharmaceutical company warned two of the most promising vaccines would be “out of the question” for its population.

Page 13: NSW Energy Minister Matt Kean has launched a blistering attack on the nation’s big electricity generators for pulling back on investment decisions, arguing they were making super profits and should “get out of the way” if they don’t like the state’s controversial energy policy.

Page 15: Virgin Australia will face an uphill battle to regain its 30 per cent of the domestic travel market, with new analysis showing the airline is already losing ground to rival Qantas.

Theme park and cinema company Village Roadshow has taken another step towards privatisation, with private equity suitor BGH Capital significantly bumping up its offer to as much as $3 per share.

 

 

The West Australian

Page 1: The Federal Government will delay introducing its long-awaited Religious Freedoms Bill until next year.

Page 3: Biologically male prisoners who identify as transgender can apply to be placed in female prisons — and vice versa — under a new Department of Justice policy that came into effect this week.

Page 5: An increase in the demand for local livestock and hundreds of job opportunities will soon be created in Waroona with the reopening of the town’s abattoir.

Page 6: Zak Kirkup is poised to replace Liza Harvey as leader of a WA Liberal Party that looks set to embrace youth and a changing of the guard over the political experience offered by Dean Nalder.

Page 8: Qantas passengers will have to prove they have been vaccinated against COVID-19 to board an international flight, the airline’s boss Alan Joyce has confirmed.

South Australia has reported one new case of COVID-19 linked to a cluster that briefly raised fears of a second wave of infections and sparked a short-lived Statewide lockdown.

Page 11: Scott Morrison is refusing to say when a decision will be made on a multibillion-dollar submarine maintenance contract — let alone if WA has won the work.

Page 14: A 30-year battle to look after catastrophically injured police officers ended yesterday when the McGowan Government announced WA’s first comprehensive police compensation scheme.

Business: Healthcare giant Healius has completed the sale of its medical centres to Melbourne-based private equity group BGH Capital for $500 million.

The rush to the security of gold during COVID-19 has reshaped Australia’s mid-tier mining sector, kickstarting a WA-led recovery which has swelled company coffers to nearly $9 billion.

WA’s smaller independent outlets are holding their own against global retail giants in the massive Black Friday deals.

WA’s workforce could be left vulnerable and ill-prepared by the impact of technology, including the effects of automation, warns a new report.

Smart fitness company Vitruvian Form has raised almost double its initial investment target as it gears up to start selling its portable resistance trainer, the V-form, online tomorrow.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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