23/03/2021 - 07:00

Morning Headlines

23/03/2021 - 07:00

Bookmark

Save articles for future reference.
Morning Headlines

BHP exec Slattery in Woodside contention

The race to find a successor to long-time Woodside Petroleum boss Peter Coleman is heating up with several big name resources executives including BHP’s Geraldine Slattery seen as contenders for the top job. The Aus

Broker backs WA on IPOs

The boss of one of WA’s last remaining independently owned stockbrokers has taken a veiled swipe at Eastern States rivals after a disastrous trio of resources-related ASX listings in recent weeks. The West

Packer’s Crown in play

Crown Resort’s shareholders believe Blackstone’s $8 billion takeover bid for the beleaguered gaming giant will flush out more suitors, arguing the US private equity group’s bid undervalues the casino giant. The Fin

Rollout of AstraZeneca vaccine remains unclear

The Morrison government will not say when deliveries of locally produced COVID-19 vaccines will reach 1 million a week, a key sales pitch for the delayed national effort. The Fin

Healthcare jobs boom but skill deficits loom

The booming healthcare industry will generate 250,000 new jobs over the next five years fuelled by increased government investment, demand from the National Disability Insurance Scheme and the ageing of the population. The Fin

WA cobalt mine output suffers

The Australian mine from which German car maker BMW sources cobalt could have reduced output for the best part of a month after an operational mishap. The Fin

Climate goals ‘still inadequate’

Climate investors controlling $US54 trillion ($70 trillion) including major Australian super funds have raised concerns about companies including BHP, Rio Tinto and Woodside Petroleum for failing to match their future spending with aspirational long-term emissions goals. The Aus

Telstra will have to go further to buy NBN

Telstra will need to go beyond the proposed restructure it announced yesterday and split off its fixed-line telecoms business if it wants to bid for NBN Co when the federal government puts the state-owned national broadband network up for sale. The Fin

Aldi eyes smaller stores, e-commerce

Aldi Australia plans to open smaller stores in urban locations and launch an e-commerce offer, possibly later this year, to underpin the next stage of growth as it nears its original 600-store target. The Fin

Twiggy appeals river weir plans for Minderoo Station

Lawyers for billionaire Andrew Forrest are arguing plans to build 10 weirs on one of his Pilbara cattle stations will have very little impact on the Ashburton River, or stop it from being used by traditional owners. The West

 

 

The Australian Financial Review

Page 1: Crown Resort’s shareholders believe Blackstone’s $8 billion takeover bid for the beleaguered gaming giant will flush out more suitors, arguing the US private equity group’s bid undervalues the casino giant.

Page 2: The Morrison government will not say when deliveries of locally produced COVID-19 vaccines will reach 1 million a week, a key sales pitch for the delayed national effort.

Page 3: Former federal Liberal MP Sophie Mirabella has been handpicked by the Morrison government to join the Fair Work Commission, a move Labor says should send a chill down the spine of workers.

Page 8: The booming healthcare industry will generate 250,000 new jobs over the next five years fuelled by increased government investment, demand from the National Disability Insurance Scheme and the ageing of the population.

Page 9: The Australian mine from which German car maker BMW sources cobalt could have reduced output for the best part of a month after an operational mishap.

Page 13: Telstra will need to go beyond the proposed restructure it announced yesterday and split off its fixed-line telecoms business if it wants to bid for NBN Co when the federal government puts the state-owned national broadband network up for sale.

Page 15: Rail haulage group Pacific National will scrap its use of early payments provider C2FO by the end of June and has hired specialist audit group Profectus to review payments it had made to suppliers amid concerns over ‘‘income discrepancies’’.

Page 19: Aldi Australia plans to open smaller stores in urban locations and launch an e-commerce offer, possibly later this year, to underpin the next stage of growth as it nears its original 600-store target.

The Australian Securities Exchange is confident its pipeline of listings will not be affected by the bungle that delayed the listing of gig economy company Airtasker, and that its customers understand that mistakes happen.

 

 

The Australian

Page 1: Torrential rain on Tuesday is expected to worsen the flood crisis gripping the NSW mid-north coast and western Sydney, adding to a damages bill that already exceeds $2bn and forcing thousands more evacuations.

Page 2: Thousands of people received COVID-19 vaccines at GP clinics around the country on the first day of Phase 1B of the rollout, as Victoria began inoculating high-priority patients at mass vaccination centres.

Page 7: Australians studying for jobs in the health and welfare sector have the best chance of securing employment in the coming five years, a new report from the National Skills Commission says.

Major right-wing unions will press the ALP national conference to back a royal commission into the horticulture industry, the scrapping of the 88-day visa scheme and minimum hourly pay rates for fruit and vegetable pickers.

Page 9: Australian resources companies with business links to South Korean steel conglomerate POSCO — a backer and joint venture partner of Myanmar military-owned entities — should sever their connections or face serious reputational risk, corporate and rights activists have warned.

Page 13: Climate investors controlling $US54 trillion ($70 trillion) including major Australian super funds have raised concerns about companies including BHP, Rio Tinto and Woodside Petroleum for failing to match their future spending with aspirational long-term emissions goals.

Page 15: Jetstar is bolstering its domestic fleet in readiness for huge demand on the back of half-price airfares and the absence of a low fares competitor.

Page 16: The race to find a successor to long-time Woodside Petroleum boss Peter Coleman is heating up with several big name resources executives including BHP’s Geraldine Slattery seen as contenders for the top job.

Beach Energy has landed a second gas discovery offshore Victoria’s Otway Basin as it seeks to boost supplies to southern states ahead of a looming shortfall in the next few years.

 

 

The West Australian

Page 5: The law firm that worked on the NSW inquiry into Crown Resorts is being recruited to assist with the upcoming WA royal commission into the gaming giant’s suitability to operate its Perth casino.

Page 6: The Morrison Government is under increasing pressure over the culture and treatment of women in Parliament House after another day of shame in Canberra.

Page 9: David Honey — one of the two surviving Liberal MPs in Parliament’s Lower House — will be the new leader of the decimated party.

Page 15: A hearing to extradite Perth tech millionaire Zhenya Tsvetnenko to the US to face criminal charges has been adjourned again.

Business: The boss of one of WA’s last remaining independently owned stockbrokers has taken a veiled swipe at Eastern States rivals after a disastrous trio of resources-related ASX listings in recent weeks.

Lawyers for billionaire Andrew Forrest are arguing plans to build 10 weirs on one of his Pilbara cattle stations will have very little impact on the Ashburton River, or stop it from being used by traditional owners.

Mineral Resources is celebrating first ore from its Wonmunna iron ore project in the Pilbara, just five months after breaking ground at the site.

Salt Lake Potash is on the cusp of heralding the dawn of a new export for Australia as it cranks up its plant in the northern Goldfields ahead of first production next quarter.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options