16/03/2021 - 06:44

Morning Headlines

16/03/2021 - 06:44

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Forrest plans $1b green power plant

Andrew Forrest says he is willing to build a gas and hydrogen-fuelled power station at Port Kembla to supply Sydney and NSW industries and households with affordable, green energy, and will start work as soon as he gets approvals from the Morrison and state governments. The Fin

Quintis signs off on sandalwood deal with China

Sandalwood company Quintis has shrugged off the trade war with Beijing by partnering with a major Chinese company, in a bid to boost the use of its products in traditional Chinese medicines. The West

Regulators hauled in to cut red tape and speed recovery

Suffocating red tape is back in the sights of the Coalition, with a key lieutenant to Prime Minister Scott Morrison hauling in federal regulators as part of efforts to speed up Australia’s COVID-19 recovery. The Fin

Liberal WA election survivor puts spotlight on right-wing churches

One of the last Liberal MPs left standing after the WA election has warned the party is doomed to remain in the political wilderness if it is seen as being dominated by evangelical right-wing Christian churches. The Fin

Tianqi wins more time

The State’s highest court has given Chinese-owned Tianqi Lithium at least another 10 days to pay $39 million owed to a Perth engineering company which helped build its Kwinana plant. The West

Travel insurance claim rejections soar

Insurance companies knocked back 16 per cent more travel policy claims last year as the coronavirus pandemic disrupted holiday plans, and complaints were mostly resolved in favour of the company, according to an industry watchdog. The Fin

Facebook cash goes to ABC regions

The ABC will direct money it receives from any deal with Facebook to regional journalism, the public broadcaster’s managing director David Anderson says. The Aus

Farmers concerned over Premier’s ‘carte blanche’ power

Farmers fear agriculture could be a big loser after Labor’s resounding election victory, which they say would give the party unfettered powers in State Parliament. The West

Manufacturing ‘turns corner’

Australia’s manufacturing sector is leading the way out of the COVID-19 pandemic, the country’s longest-running business survey has revealed. The Aus

Anger at religion Bill delay

Scott Morrison is under pressure to solidify the faith vote, with anger brewing over the continued delay in the introduction of a religious freedom Bill to Federal Parliament. The West

 

 

The Australian Financial Review

Page 1: Andrew Forrest says he is willing to build a gas and hydrogen-fuelled power station at Port Kembla to supply Sydney and NSW industries and households with affordable, green energy, and will start work as soon as he gets approvals from the Morrison and state governments.

Christian Porter’s decision to sue the ABC has done nothing to dampen demands for an independent inquiry into his fitness to remain in office, while an increasing number of Coalition MPs are concerned about how to end the issue which is inflicting real damage on the government.

Page 2: Suffocating red tape is back in the sights of the Coalition, with a key lieutenant to Prime Minister Scott Morrison hauling in federal regulators as part of efforts to speed up Australia’s COVID-19 recovery.

Page 3: Accountants, finance managers and analysts could receive salary bumps of up to 10 per cent this year, as companies slug it out to retain top talent and competition in the job market heats up.

Page 5: One of the last Liberal MPs left standing after the WA election has warned the party is doomed to remain in the political wilderness if it is seen as being dominated by evangelical right-wing Christian churches.

Page 9: The cessation of the JobKeeper wage subsidy should make state and territory leaders ‘‘think twice’’ before they rush to close their borders in response to a COVID-19 outbreak, Treasurer Josh Frydenberg says.

Page 14: The former staffer fired last year by Tokio Marine for taking on too much risk insuring securities arranged by Greensill Capital exceeded his maximum limits by $6 billion to guarantee $16 billion, The Australian Financial Review has learnt.

Page 16: Insurance companies knocked back 16 per cent more travel policy claims last year as the coronavirus pandemic disrupted holiday plans, and complaints were mostly resolved in favour of the company, according to an industry watchdog.

Page 20: The head of Australia’s national cyber security agency has warned organisations must enforce stricter processes on their disparate workforces, after workplace changes ushered in by the COVID-19 pandemic left hackers with bigger targets to hit.

 

 

The Australian

Page 1: More than $12bn in accelerated personal income tax cuts are expected to flow through to households over the next seven months as the government moves from wage subsidies to stimulus to pump-prime the economy when JobKeeper payments cease.

Page 2: Productivity Commission chair Michael Brennan has said the accelerated adoption of digital technologies by households and businesses through the coronavirus pandemic could be the “spark” that lifts the country out of its productivity slump.

Page 3: The ABC will direct money it receives from any deal with Facebook to regional journalism, the public broadcaster’s managing director David Anderson says.

Page 6: West Australian Premier Mark McGowan has defended Labor’s control of both houses of state parliament as “the essence of democracy” and says people who do not respect the result are themselves undemocratic.

Australia’s spirits, beer and wine companies are pushing for major tax, export, regulatory and investment concessions to take on the world’s biggest alcohol producers and expand the industry’s economic output to $64bn by 2030.

Page 15: Australia’s manufacturing sector is leading the way out of the COVID-19 pandemic, the country’s longest-running business survey has revealed.

Something practical and something tasty: that’s what Woolies’ burgeoning online customer base have been searching for, with baby boomers leading the digital charge.

 

 

The West Australian

Page 8: A defiant Christian Porter has confirmed he will resume duties as Attorney-General at the end of the month after yesterday launching defamation proceedings against the ABC and one of its journalists.

Page 9: Scott Morrison is under pressure to solidify the faith vote, with anger brewing over the continued delay in the introduction of a religious freedom Bill to Federal Parliament.

Page 10: Peter Tinley has been dumped from Mark McGowan’s second-term Cabinet to make way for rising Labor star John Carey, as the Premier firms as the most likely next Treasurer.

Page 11: Liberal powerbroker Peter Collier says he has no plans to quit politics after his party’s election disaster.

Page 12: A complaint from a group of staff members to education authorities prompted a confidential survey on workplace culture at Perth Modern School, an email to teachers has revealed.

Business: Sandalwood company Quintis has shrugged off the trade war with Beijing by partnering with a major Chinese company, in a bid to boost the use of its products in traditional Chinese medicines.

Chris Ellison’s Mineral Resources is set to emerge as a substantial shareholder in Venturex Resources after buying the lion’s share of a long-term stake held by Northern Star Resources.

WA’s peak tourism body has called on the Federal Government to include Perth in its discounted airfare scheme, warning tens of thousands of jobs are at risk.

The State’s highest court has given Chinese-owned Tianqi Lithium at least another 10 days to pay $39 million owed to a Perth engineering company which helped build its Kwinana plant.

Reserve Bank governor Philip Lowe says it is important that business investment grows if Australia is to enjoy a strong and durable recovery from the COVID-19 pandemic.

Farmers fear agriculture could be a big loser after Labor’s resounding election victory, which they say would give the party unfettered powers in State Parliament.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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