16/02/2021 - 06:44

Morning Headlines

16/02/2021 - 06:44

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Morning Headlines

Labor set for ‘total control’ of our State

Mark McGowan is on track to lead WA Labor to its biggest ever State election victory, according to a new poll, as the Liberals plead for voters to not let the Premier take “total control” of Parliament. The West

Coke Europe set to swallow CCA Amatil

Coca-Cola Amatil’s 50-year life on the Australian stock exchange is set to come to an end after Coca-Cola European Partners raised its takeover bid to $13.50 a share, satisfying major shareholders who had indicated the initial offer was too low. The Fin

First 60,000 doses due by month’s end

As many as 4 million Australians are expected to have received COVID-19 vaccines by the end of April, as the federal government is set to begin one of the nation’s biggest peacetime logistical operations within days. The Fin

Iron Bridge cost blowouts claim project leaders

Fortescue Metals Group is remaining tight-lipped amid growing fears of a big blowout in costs at its Iron Bridge magnetite project in the Pilbara and reports senior project leaders have departed the company. The West

International student sector in line for ongoing support

International student providers have joined the tourism and aviation sectors as being in line for special assistance once JobKeeper ends in March, but the universities will continue to be overlooked. The Fin

Thornley’s easy answer to the Google threat

The founder of Australia’s only globally successful search engine says Silicon Valley ‘‘hubris’’ led Google and Facebook to badly mishandle their fight with the Australian government over the News Media Bargaining Code, to the point where Google, in particular, was now damaging its own brand in this country. The Fin

Economists caution on recovery optimism

Economists say WA’s post-COVID recovery is not without challenges, despite ambitious infrastructure projects, housing construction grants and a strong mining sector. The West

Entain puts $3bn on Tabcorp table

Ladbrokes parent Entain is offering $3bn cash for Tabcorp’s wagering and media arm, DataRoom has learned. The Aus

MP backs dad leave & calls for massive increase

Independent MP Zali Steggall has called for Australia’s paternity leave scheme to be increased so new mums and dads receive 12 months off work to divide between them. The West

A lasting legacy in Australian exploration

Roy Woodall, the legendary geologist who played major roles in the discovery of the Kambalda nickel fields and South Australia’s huge Olympic Dam base metals deposit, has died aged 90. The West

 

 

The Australian Financial Review

Page 1: The West Australian government has flagged a judicial inquiry into Crown after the state’s chief casino regulator stood aside over his friendship and fishing trips with senior staff at the company’s gambling resort in Perth.

As many as 4 million Australians are expected to have received COVID-19 vaccines by the end of April, as the federal government is set to begin one of the nation’s biggest peacetime logistical operations within days.

Upbeat earnings results, a return to robust dividends and a strong rally in local tech stocks have driven the Australian sharemarket to within 300 points of a record, with solid results from Bendigo and Adelaide Bank, Aurizon and JB Hi-Fi supporting market sentiment.

Page 4: The Morrison government has been told to dump the most controversial proposal in its industrial relations omnibus bill if it wants to salvage the rest of the measures.

International student providers have joined the tourism and aviation sectors as being in line for special assistance once JobKeeper ends in March, but the universities will continue to be overlooked.

Page 5: The Australian Workers Union says it will fight any changes by the Morrison government to make visa processes more efficient for employers to hire foreign workers.

Page 11: Coca-Cola Amatil’s 50-year life on the Australian stock exchange is set to come to an end after Coca-Cola European Partners raised its takeover bid to $13.50 a share, satisfying major shareholders who had indicated the initial offer was too low.

Page 16: NBN Co has resisted industry pressure to drastically simplify its wholesale pricing structure by abolishing variable excess capacity charges, and instead challenged internet providers to come up with an alternative that still drives revenue into the national infrastructure if they want to be free of the levy.

CIMIC, Australia’s biggest construction group, finally got rid of its troubled Middle Eastern business, severing all financial exposure to the region 15 years after it entered.

Page 20: The founder of Australia’s only globally successful search engine says Silicon Valley ‘‘hubris’’ led Google and Facebook to badly mishandle their fight with the Australian government over the News Media Bargaining Code, to the point where Google, in particular, was now damaging its own brand in this country.

 

 

The Australian

Page 1: Billionaire businessmen Lindsay Fox and John Wagner want to house up to 2000 international returnees at separate camps outside state capitals in Victoria and Queensland to help resolve the row over hotel quarantine arrangements.

Page 2: Google is scrambling to sign last-minute deals with several publishers before the mandatory media bargaining code becomes law, after Seven West Media became the first major media organisation to ink a content deal with the digital giant.

Page 4: A proposal for a state-of-the-art $1bn facility to manufacture vaccines and prescription drugs in Australia is being reviewed by the federal government in a bid to deal with critical drug shortages and bolster sovereign capabilities in the Asia-Pacific region.

Page 6: Nursing homes will have to address their culture and leadership before the ailing sector can improve, the Health Department says, warning the aged care royal commission’s lawyers had ignored the issue altogether.

Page 14: Ladbrokes parent Entain is offering $3bn cash for Tabcorp’s wagering and media arm, DataRoom has learned.

 

 

The West Australian

Page 4: As the Wooroloo bushfire recovery continues, a team of animal specialists has been counting the cost of animal lives and helping to save them.

As many as 500,000 scam calls a day are being stopped from reaching Australian victims in a world-first technology trial.

Page 6: Mark McGowan is on track to lead WA Labor to its biggest ever State election victory, according to a new poll, as the Liberals plead for voters to not let the Premier take “total control” of Parliament.

WA’s hard border with Victoria has been extended until at least midnight tomorrow.

Page 16: Independent MP Zali Steggall has called for Australia’s paternity leave scheme to be increased so new mums and dads receive 12 months off work to divide between them.

Business: A new writedown on a WA offshore gas field will drag Santos’ upcoming annual results deeper into the red.

Roy Woodall, the legendary geologist who played major roles in the discovery of the Kambalda nickel fields and South Australia’s huge Olympic Dam base metals deposit, has died aged 90.

Fortescue Metals Group is remaining tight-lipped amid growing fears of a big blowout in costs at its Iron Bridge magnetite project in the Pilbara and reports senior project leaders have departed the company.

Beach Energy boss Matt Kay says the recent decision to press the button on the $768 million Waitsia Stage 2 project in the Perth Basin is a “game changer”.

Fortescue Metals Group has introduced driverless light vehicles at its Chichester Hub operations in what is believed to be an Australian first for a mine site.

Economists say WA’s post-COVID recovery is not without challenges, despite ambitious infrastructure projects, housing construction grants and a strong mining sector.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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