22/02/2021 - 07:00

Morning Headlines

22/02/2021 - 07:00

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Morning Headlines

Jab could end lockdowns

The Morrison government, business and health experts are using the national rollout of the COVID-19 vaccination to put pressure on premiers to end snap statewide lockdowns and border closures. The Fin

Facebook resumes talks with publishers

Facebook has attempted to rekindle negotiations with news publishers just one day after it killed all news content across the platform, as Health Minister Greg Hunt says the government will cease advertising on the social platform until the issue is resolved. The Fin

Hitting the jackpot with ‘home’ casino

A world bored in lockdown has made Perth’s Laurence Escalante a double-billionaire, as his maker of casino-themed online games recorded a stunning profit surge in the last half of 2020. The Fin

Put their reading to the test

Influential business leaders are calling for a compulsory phonics screening test for all Year 1 students in WA to help prevent barely literate graduates becoming a “drag on the economy”. The West

Premier’s 125,000 new jobs in five years pledge

Mark McGowan has placed the creation of 125,000 new jobs in five years at the heart of his re-election pitch, characterising the March 13 ballot as a choice between his “safe and “secure” stewardship versus the “risk” posed by the Liberals. The West

CIMIC hands back $20m in JobKeeper cash

CIMIC, Australia’s biggest construction group, is handing back about $20 million in JobKeeper subsidies received during the COVID-19 pandemic as new chief executive and chairman Juan Santamaria tries to improve relationships with governments and win more infrastructure projects. The Fin

High stakes in pharmacy fight

Pharmacy giant Priceline is facing a class action from franchisees in what is shaping up as an epic battle challenging the foundations of the $21bn-a- year industry. The Aus

$27bn for those already on welfare

Almost $27bn in COVID-19 payments were made to Australians already on working-age welfare before the pandemic struck last March, according to new Department of Social Services figures. The Aus

No-go for diversity royal commission

Former prime minister Kevin Rudd’s campaign for a royal commission into media diversity has failed, with the federal government formally advising the Governor-General that the inquiry should not proceed. The Aus

More turn to Bitcoin ‘safe haven’

The rocketing price of Bitcoin has spurred an uptick in cryptocurrency investment among Australians looking for a financial safe haven and hedge against inflation, analysts say. The West

 

 

The Australian Financial Review

Page 1: The Morrison government, business and health experts are using the national rollout of the COVID-19 vaccination to put pressure on premiers to end snap statewide lockdowns and border closures.

Page 3: Facebook has attempted to rekindle negotiations with news publishers just one day after it killed all news content across the platform, as Health Minister Greg Hunt says the government will cease advertising on the social platform until the issue is resolved.

A world bored in lockdown has made Perth’s Laurence Escalante a double-billionaire, as his maker of casino themed online games recorded a stunning profit surge in the last half of 2020.

Page 4: Australian researchers have found evidence that the body generates a longer immunity response to COVID-19 infection, raising hopes vaccines will give a similar or even stronger response, significantly improving the effectiveness of vaccine programs.

Page 6: A second lobby group that played a key role behind the scenes in a government backbench revolt that killed vaping regulation last year has links to tobacco industry funding.

Page 11: Uber’s defeat in Britain on Friday (Saturday AEDT), where the Supreme Court ruled that drivers are entitled to worker rights, was a major victory for labour activists in Australia, the United States and Europe who are pushing for better wages and stronger protections for gig economy workers.

Page 14: A $41 million redevelopment of the Royal Australian Mint completed in 2009 left a decade-long security vulnerability that was exploited by an insider and led to thousands of limited edition coins going to drug traffickers.

Page 16: CIMIC, Australia’s biggest construction group, is handing back about $20 million in JobKeeper subsidies received during the COVID-19 pandemic as new chief executive and chairman Juan Santamaria tries to improve relationships with governments and win more infrastructure projects.

 

 

The Australian

Page 1: Demand for university humanities and law courses is growing despite the Morrison government more than doubling course fees in a bid to redirect students to critical employment areas for the post-pandemic recovery.

Page 2: Pharmacy giant Priceline is facing a class action from franchisees in what is shaping up as an epic battle challenging the foundations of the $21bn-a- year industry.

Page 3: Australian cinemas are facing a grave financial crisis, having suffered a plunge of more than 80 per cent in box office sales in the wake of COVID-19, state government lockdowns and delayed releases of Hollywood blockbusters.

Page 4: Almost $27bn in COVID-19 payments were made to Australians already on working-age welfare before the pandemic struck last March, according to new Department of Social Services figures.

Page 5: Misinformation about coronavirus has reached the most remote communities in the northwest corner of Australia via Facebook, contributing to a wariness about the vaccine among about half of the Kimberley’s Indigenous population, according to the head of the Kimberley Aboriginal Medical Service.

Page 13: The best reporting season in more than a decade has delivered far more earnings “beats” than usual, while earnings upgrades continue to outpace downgrades and the share price reactions favour the shift back into stocks beaten down by COVID.

Page 15:  Some of Australia’s largest companies are preparing to launch pandemic-related insurance claims in a move that could trigger hundreds of millions of dollars-worth of payouts, according to brokers that place the bulk of their commercial insurance.

Page 19: Former prime minister Kevin Rudd’s campaign for a royal commission into media diversity has failed, with the federal government formally advising the Governor-General that the inquiry should not proceed.

 

 

The West Australian

Page 3: Influential business leaders are calling for a compulsory phonics screening test for all Year 1 students in WA to help prevent barely literate graduates becoming a “drag on the economy”.

Page 8: Teachers are seeing more children coming to school who are not toilet trained.

Page 10: Mark McGowan has placed the creation of 125,000 new jobs in five years at the heart of his re-election pitch, characterising the March 13 ballot as a choice between his “safe and “secure” stewardship versus the “risk” posed by the Liberals.

Page 16: Aussie city-dwellers will be the target of a new $4.6 million campaign to get the one in five of them who are thinking about moving regionally to hurry up and do so.

Business: The rocketing price of Bitcoin has spurred an uptick in cryptocurrency investment among Australians looking for a financial safe haven and hedge against inflation, analysts say.

WA’s leading women in STEM have described the impact of the COVID pandemic as a “double-edged sword”, causing widespread disruption to the areas of science, technology, engineering and mathematics, while creating new challenges and opportunities.

Australia’s finance bosses have had a dramatic change in sentiment over the past six months, with more than 70 per cent feeling optimistic, according to a survey.

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