25/01/2021 - 06:50

Morning Headlines

25/01/2021 - 06:50

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Morning Headlines

Juniors set to cash in on boom

A surging iron ore price is set to give birth to two new WA junior exporters of the steel-making commodity within days. The West

Fortunes rise for grain, cattle farmers

Australia’s broadacre farmers are reaping benefits of the rare combination of a bumper crop and strong global grain prices, while those who survived the drought with cattle and sheep herds are prospering. The Fin

Credit card records show Aussie Post boss spent thousands on gifts, travel and hotels

Credit card records have revealed the full extent of former Australia Post boss Christine Holgate’s spending, including gifts from Montblanc and Louis Vuitton, and $200,000 on a chauffeur service. The West

Government unswayed by green steel

The Morrison government is at loggerheads with Australia’s richest man over the future of economy-defining export industries, with resources minister Keith Pitt joining the Prime Minister in declaring coal will prosper for decades to come after Andrew Forrest challenged the nation to move on and embrace green hydrogen and steel. The Fin

Push for seniors to dig deep into super nest-egg

The federal government will nudge cashed-up seniors to spend more of their assets by compelling superannuation funds to offer new retirement income products and, potentially, making it more attractive for people to withdraw income from their home equity. The Fin

PM rejects Google’s ‘threats’

The Prime Minister has slapped down a threat from Google to remove its search product from Australia if the current form of the proposed news media bargaining code proceeds.

PM will keep arrivals capped into February

Australians stranded overseas have hit out at a decision to continue with the lower caps for international arrivals until at least next month, and have called on the federal and state governments to urgently address a backlog of expatriates and travellers. The Fin

Most want to change jobs

More than half the WA respondents to a survey of 1000 Australian workers want to change jobs for a better work/life balance. The West

Tech stocks in comeback

Hedge funds have fallen back in love with technology giants after spending the final months of last year cutting back on them. The West

 

 

The Australian Financial Review Weekend

Page 2: The federal government will nudge cashed-up seniors to spend more of their assets by compelling superannuation funds to offer new retirement income products and, potentially, making it more attractive for people to withdraw income from their home equity.

Page 3: Australia’s broadacre farmers are reaping benefits of the rare combination of a bumper crop and strong global grain prices, while those who survived the drought with cattle and sheep herds are prospering.

The Prime Minister has slapped down a threat from Google to remove its search product from Australia if the current form of the proposed news media bargaining code proceeds.

Page 4: Australians stranded overseas have hit out at a decision to continue with the lower caps for international arrivals until at least next month, and have called on the federal and state governments to urgently address a backlog of expatriates and travellers.

Page 8: New Trade Minister Dan Tehan will pursue a reset in trade ties after Beijing’s ‘‘incredibly disappointing’’ targeting of Australian industries and believes his appointment along with that of a new Chinese counterpart offers the opportunity to reach a detente.

Page 21: The Morrison government is at loggerheads with Australia’s richest man over the future of economy-defining export industries, with resources minister Keith Pitt joining the Prime Minister in declaring coal will prosper for decades to come after Andrew Forrest challenged the nation to move on and embrace green hydrogen and steel.

Page 26: Rapid state and territory border closures in response to new COVID-19 outbreaks on the east coast over the festive period have held back the air travel sector’s recovery by a further three months, an aviation academic says.

 

 

The Australian

Page 1: Scott Morrison says he will meet Chinese President Xi Jinping only if there are no conditions for restarting dialogue, as he warned that Beijing’s global outlook had become “more inconsistent” with Australia’s sovereign interests.

Industry leaders have rallied behind Josh Frydenberg’s demand for states and territories to adopt the commonwealth definition of a national COVID-19 hotspot after Australia recorded more than a week without any community transmission.

Page 4: Health experts are calling for Australia to expand its suite of COVID-19 vaccines amid concern the federal government has not signed a contract for supply of the high-efficacy Moderna vaccine.

Page 7: Police clashed violently with protesters in Moscow and arrested more than 2500 demonstrators in cities across the country as Russians took to the streets to denounce Kremlin rule and demand the release of opposition leader Alexei Navalny.

Page 13: Lending reforms designed to make it easier for borrowers to get bank loans have the potential to increase the risk of consumer harm, according to an assessment of the planned changes by Treasury.

Page 15: Apple’s Australian operation has dipped into its cash reserves to almost double the dividend it paid to its Silicon Valley parent, sending hundreds of millions of dollars offshore.

 

 

The West Australian

Page 5: Former Opposition leader Bill Shorten has warned against Labor pursuing a tiny policy agenda at the next election, arguing the ALP must be a party that “stands for something”.

Page 8: Credit card records have revealed the full extent of former Australia Post boss Christine Holgate’s spending, including gifts from Montblanc and Louis Vuitton, and $200,000 on a chauff eur service.

Australia’s travel sector is on the verge of collapse and up to 40,000 people could be left unemployed without urgent intervention, a study has revealed.

Page 10: A senior WA Liberal has described new leader Zak Kirkup’s campaign as “manic” and warned that the party is facing an election wipe-out that will require it to rebuild from a “very low base”.

Page 11: Just one day after Fremantle’s tent city was dramatically dismantled, Premier Mark McGowan has urged former residents to “step up” and cooperate with government services — even if the housing solutions aren’t perfect.

Business: A surging iron ore price is set to give birth to two new WA junior exporters of the steel-making commodity within days.

More than half the WA respondents to a survey of 1000 Australian workers want to change jobs for a better work/life balance.

Hedge funds have fallen back in love with technology giants after spending the final months of last year cutting back on them.

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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