24/02/2021 - 06:49

Morning Headlines

24/02/2021 - 06:49

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Morning Headlines

Push for WA digital minister

An industry body that specialises in technology wants the next WA Government to appoint a digital industry minister to support the State’s continued COVID-19 recovery and to help diversify the economy.

PM intervenes in subs debacle

Two senior naval officers have been tasked by Prime Minister Scott Morrison to examine options for Australia’s submarine fleet, amid ongoing tensions with the French over the $90 billion future submarine program. The Fin

Bell rings for judge on Crown

A former WA Supreme Court judge who oversaw the Bell Group saga has emerged as a contender to lead an inquiry into the suitability of Crown Perth to operate the State’s only casino. The West

Mine jobs aren’t our first choice

West Australians are shunning potentially lucrative jobs in mining and resources in favour of education and health-related occupations, according to a new report. The West

Morrison falls back on Katter

Scott Morrison sought – and received – the support of independent MP Bob Katter yesterday just hours after renegade MP Craig Kelly quit the Liberal Party and cost the federal government its working majority on the floor of the House of Representatives. The Fin

Commodity prices to offset Aussie’s rise

A strengthening Australian dollar against the nation’s trading partners will slice about $1.6 billion in revenues from the federal budget, but booming commodity prices will more than compensate for that through greater tax. The Fin

Watchdog weighs high-rollers ban

Western Australia’s casino watchdog is set to extend a ban on junket operations at Crown Perth to cover all high rollers and gamblers who until now have enjoyed privileged status. The Fin

No love lost with CFMEU as division seeks divorce

The CFMEU’s mining and energy division will move to split from the country’s most militant union, becoming the first division to use the Coalition’s new union demerger laws. The Aus

ACCC bids to rewrite rules on mergers

The competition regulator will seek to overhaul rules surrounding mergers, arguing the current regime needs to be “rebalanced” with the legal bar too high when it comes to proving the future impact on competition from takeovers. The Aus

Clive fires shot: I will not be palmed off

Clive Palmer has reignited his spat with Mark McGowan over a $30 billion damages claim related to his iron ore interests, warning the Premier that he “will face the music” after the election. The West

 

 

The Australian Financial Review

Page 1: Scott Morrison sought – and received – the support of independent MP Bob Katter yesterday just hours after renegade MP Craig Kelly quit the Liberal Party and cost the federal government its working majority on the floor of the House of Representatives.

Page 3: A strengthening Australian dollar against the nation’s trading partners will slice about $1.6 billion in revenues from the federal budget, but booming commodity prices will more than compensate for that through greater tax.

Page 6: Two senior naval officers have been tasked by Prime Minister Scott Morrison to examine options for Australia’s submarine fleet, amid ongoing tensions with the French over the $90 billion future submarine program.

An Indigenous group in Australia’s iron ore heartland says it is too early to say if a rockfall at a heritage site will damage its relationship with BHP.

Page 10: Western Australia’s casino watchdog is set to extend a ban on junket operations at Crown Perth to cover all high rollers and gamblers who until now have enjoyed privileged status.

Page 13: Consulting giants PwC and Ernst & Young have made the most progress out of Australia’s large consulting firms in raising the number of women in their management ranks over the past seven years, overtaking big four rivals KPMG and Deloitte.

Page 14: Buy now, pay later providers have drawn up new standards that will be enforced by an independent committee with powers to ‘‘name and shame’’ those that contravene the code and force them to compensate aggrieved customers.

Page 16: The chief executive of Australia’s largest cement group says a resumption of international migration once vaccination programs have had time to work will be crucial to prevent a ‘‘cliff’’ for the economy as stimulus wears off.

Page 17: Fortescue Metals Group has recruited former prime minister Malcolm Turnbull and one-time spymaster Nick Warner to its ranks as founder and chairman Andrew Forrest presses ahead with plans for the company to become a global force in renewable energy.

 

 

The Australian

Page 1: More than half a million workers came off wage subsidies in January compared with December, smashing Treasury forecasts for the jobs recovery as the Morrison government ushered in the largest year-on-year increase to the dole since 1986.

The CFMEU’s mining and energy division will move to split from the country’s most militant union, becoming the first division to use the Coalition’s new union demerger laws.

Page 2: News publishers in Europe, the US and Britain are pushing for their own versions of a news media bargaining code, with Australia’s protracted brawl with the tech giants expanding to multiple fronts overseas.

Page 3: A former director of the company that built Crown’s Melbourne casino, Geoff Cousins, has called for regulators to force billionaire James Packer to sell down his shareholding in Crown Resorts and questioned the independence of the gaming giant’s executive chairman, Helen Coonan.

Page 5: Desperate to resume international travel, airlines are pushing ahead with the rollout of a digital travel pass independent of governments.

Page 6: France’s Naval Group is resisting enforceable annual targets for Australian involvement in the $90bn Future Submarines program, arguing that its pledge to give 60 per cent of contracts to local companies should be tallied when the 12th boat is delivered.

Page 15: The competition regulator will seek to overhaul rules surrounding mergers, arguing the current regime needs to be “rebalanced” with the legal bar too high when it comes to proving the future impact on competition from takeovers.

Page 17: Virgin Australia has unveiled its new “lounge of the future” in Adelaide Airport, creating a blueprint for future upgrades across the country.

 

 

The West Australian

Page 3: A former WA Supreme Court judge who oversaw the Bell Group saga has emerged as a contender to lead an inquiry into the suitability of Crown Perth to operate the State’s only casino.

Page 5: A WhatsApp group chat used exclusively by WA Liberal MPs has been shut down after former leader Mike Nahan’s scathing attack on the party’s signature energy policy was leaked to the media.

Page 7: Vaccines are reducing the spread of coronavirus and cutting the risk of serious illness and death in Britain “spectacularly well”, landmark research shows.

Page 18: Defence Minister Linda Reynolds will take a veiled swipe at China in her speech to the National Press Club in Canberra today, saying her top priority for 2021 is “defence diplomacy” and warning the risk of conflict in our region is real.

Page 20: Clive Palmer has reignited his spat with Mark McGowan over a $30 billion damages claim related to his iron ore interests, warning the Premier that he “will face the music” after the election.

Business: West Australians are shunning potentially lucrative jobs in mining and resources in favour of education and health-related occupations, according to a new report.

An industry body that specialises in technology wants the next WA Government to appoint a digital industry minister to support the State’s continued COVID-19 recovery and to help diversify the economy.

The nation’s peak oil and gas body has used its WA State election platform to call for greater industry engagement, after criticising both the McGowan Government and the Liberal Opposition over “ad hoc” policy decisions.

The easing of fears over COVID-19 has prompted greater labour mobility in the mining sector and greater competition between companies for staff, Western Areas boss Dan Lougher says.

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