27/01/2021 - 06:53

Morning Headlines

27/01/2021 - 06:53

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Morning Headlines

Gold giant’s boss declares office era over

Newmont chief executive Tom Palmer is normally based in Denver, Colorado, but has been running the $US49.6 billion ($63.8 billion) company from Perth since March last year because of COVID-19. The Fin

Profits to post 20pc recovery

The retail sector is expected to report its best earnings yet in the profit season beginning next week, as Bunnings parent Wesfarmers and 4WD accessories retailer ARB command record high share prices. The Fin

PM says national day is here to stay

Scott Morrison has warned against ‘‘cancelling’’ recognition of Australia Day on January 26, describing the date as the moment the journey to a modern nation began. The Fin

‘Global carbon shock is coming’

The world’s largest fund manager, BlackRock, has warned that companies that fail to plan slashing carbon emissions to net zero face steep cuts in their valuations and being cut from its $US8.7 trillion ($11.3 trillion) investment pool as it ratchets up action on climate change, including a vow to back proposals from green activists. The Aus

ASIC shields ASX in IOOF shares row

The corporate regulator has refused to release secret conversations with the Australian Securities Exchange over IOOF’s controversial $1 billion capital raising, as the wealth giant’s irate shareholders lodge formal complaints. The Fin

Nuclear power is gaining credibility as a zero-emissions energy source

Uranium bulls are sharpening their horns as market fundamentals and investor sentiment towards the maligned energy metal improve. The West

Busy Bees sees room to grow in childcare

The boss of the Australian operations of childcare group Busy Bees says the parent group’s expansion plans go beyond the acquisition of ASX-listed Think Childcare in its takeover battle with private equity player Alceon. The Fin

PM: First Nations ‘thriving, surviving’

Australia’s English language schools and private colleges are calling on Scott Morrison and the national cabinet to set a date to bring back foreign students this year, saying a $2.4bn industry and nearly 80,000 jobs are at stake. The Aus

Long leases lose favour

WA businesses are turning their backs on long-term office leases, saying they will “never sign one again”, as the shift to flexible co-working spaces continues to gain momentum. The West

Firms team up to do Australia-first 3-D safety trial in WA

Downer, Coates Hire and SITECH WA have teamed up to test an Australia-first technology in WA that promises to deliver improved safety for building and mine sites. The West

 

 

The Australian Financial Review

Page 1: The retail sector is expected to report its best earnings yet in the profit season beginning next week, as Bunnings parent Wesfarmers and 4WD accessories retailer ARB command record high share prices.

Newmont chief executive Tom Palmer is normally based in Denver, Colorado, but has been running the $US49.6 billion ($63.8 billion) company from Perth since March last year because of COVID-19.

Page 3: Professionals Australia will lead a push this year to organise technology workers over unpaid overtime and harassment issues, with big tech firm Google a major target.

Page 4: Scott Morrison has warned against ‘‘cancelling’’ recognition of Australia Day on January 26, describing the date as the moment the journey to a modern nation began.

Page 6: Apple has overtaken Amazon and Google to reclaim the title of the world’s most valuable brand for the first time since 2016.

Page 9: New rules on the export of coronavirus vaccines from the European Union following a major shortfall from pharmaceutical giant AstraZeneca have put into question the delivery timetables of EU COVID-19 jabs globally.

Page 14: The corporate regulator has refused to release secret conversations with the Australian Securities Exchange over IOOF’s controversial $1 billion capital raising, as the wealth giant’s irate shareholders lodge formal complaints.

The company behind a $2.6 billion urea project in South Australia that plans to use gas converted from brown coal in a controversial underground process has been working up a ‘‘plan B’’ for customers and equity partners as Chinese parties hang back.

Page 15: Street Talk understands $620 million tearaway Vulcan Energy is gearing up for a three-day roadshow this week with help from Canaccord Genuity.

Page 16: The boss of the Australian operations of childcare group Busy Bees says the parent group’s expansion plans go beyond the acquisition of ASX-listed Think Childcare in its takeover battle with private equity player Alceon.

Page 17: Coca-Cola Amatil and Coca-Cola European Partners have pushed back the timeline for a proposed $9 billion takeover by a month amid growing concerns the offer will not succeed at the current price.

Page 19: Optus says regulators run the risk of hobbling competition and access to 5G in regional Australia unless special caps on the purchase of spectrum are implemented at an upcoming auction.

 

 

The Australian

Page 1: Chinese President Xi Jinping has declared the “strong should not bully the weak” as he delivered a veiled warning to the new Biden administration days after sending warplanes into Taiwanese airspace and engaging in skirmishes with India.

Page 2: Nationals MPs have revived internal divisions by calling on leader Michael McCormack to secure more “substantial” ministry portfolios, as former leader Barnaby Joyce warns the Coalition has become a “marriage of convenience” that is now hurting the junior partner’s election chances.

Page 3: Senior medical specialists have criticised the national medicines regulator over its failure to deal with shortages of critical drugs, alleging it has caused harm to patients and forced local pharmacies to hunt around the world for scarce supplies.

Page 4: Australia’s English language schools and private colleges are calling on Scott Morrison and the national cabinet to set a date to bring back foreign students this year, saying a $2.4bn industry and nearly 80,000 jobs are at stake.

Page 13: The world’s largest fund manager, BlackRock, has warned that companies that fail to plan slashing carbon emissions to net zero face steep cuts in their valuations and being cut from its $US8.7 trillion ($11.3 trillion) investment pool as it ratchets up action on climate change, including a vow to back proposals from green activists.

Page 17: Corporate Australia is making a push to get staff back into offices, with landlords seeking to reassure them they will be safe due to extensive precautions taken against the coronavirus.

 

 

The West Australian

Page 5: Shocking figures have revealed there were about five assaults on elderly residents reported every week in WA’s nursing homes last year.

Page 8: A day that is supposed to unite was as divided as ever yesterday as defiant crowds rallied across the country against “Invasion Day”, with record numbers of protesters packing Perth’s CBD.

Page 10: WA Liberal leader Zak Kirkup would serve as premier and health minister — creating WA history — if he topples the McGowan Government in March.

Older West Australians embarking on a career in the construction industry will have their wages partly subsidised through a pilot program designed to help address emerging skills shortages.

Page 11: Dogs and cats may need to be vaccinated against COVID-19 to curb the spread of the virus, according to scientists.

Business: Australia’s securities regulator has had a cyber security breach on a server it used to transfer files including credit licence applications and some information may have been viewed.

WA businesses are turning their backs on long-term office leases, saying they will “never sign one again”, as the shift to flexible co-working spaces continues to gain momentum.

Uranium bulls are sharpening their horns as market fundamentals and investor sentiment towards the maligned energy metal improve.

Downer, Coates Hire and SITECH WA have teamed up to test an Australia-first technology in WA that promises to deliver improved safety for building and mine sites.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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