24/03/2021 - 07:00

Morning Headlines

24/03/2021 - 07:00

Bookmark

Save articles for future reference.

Airtasker’s stellar ASX debut does the job

Gig economy jobs marketplace Airtasker has had a cracking start to life as a listed company, ending the day up 61.5 per cent, but chief executive Tim Fung chose to focus on the long term rather than how the company performed on its first day. The Fin

Billionaire’s royalties tilt palmed off as ‘absurd’

Sino Iron project owner CITIC has accused royalties billionaire Clive Palmer of mounting a legal claim on the back of an abuse of process by his cash cow Mineralogy. The West

PM backs women’s quota

Scott Morrison will push the state Liberal Party divisions to adopt gender quotas, and will introduce mandatory workplace health and safety training for all political staffers, to clean up the culture of the government and tackle its flagging fortunes. The Fin

Fast-food giants shun bargaining after IR failure

Fast-food giants McDonald’s and Domino’s will not return to enterprise agreements for their 120,000 employees following the failure of the Morrison government’s bargaining changes and urged the reform focus to turn to award flexibility. The Fin

Rio Tinto will put elders on par with PMs

Rio Tinto will ‘‘directly engage’’ with indigenous elders rather than confine communications to the executives that run Aboriginal Corporations on elders’ behalf, as part of efforts to put traditional owners on the same pedestal as prime ministers and presidents. The Fin

Union hostilities erupt in war of words

The CFMEU’s construction division chief, Dave Noonan, has accused the rival mining division of seeking to “render the union dysfunctional”, as the warring camps escalate a bitter dispute over rule changes designed to install Christy Cain as national secretary. The Aus

Latitude Financial waits on retail demand for IPO

Latitude Financial’s owners are expected to upsize the retail component of its initial public offering after being met with overwhelming demand. The Aus

Safety boost for vaccines

There is yet more evidence the AstraZeneca vaccine is safe and effective, as a big US trial found it provided 100 per cent protection against severe illness from COVID-19. The West

Chevron contractor tips LNG jobs boom

AusGroup Ltd has foreshadowed a hiring spree in a resurgent oil and gas industry after being awarded a 10-year maintenance contract covering Chevron’s Gorgon and Wheatstone LNG operations. The Fin

 

 

The Australian Financial Review

Page 1: Scott Morrison will push the state Liberal Party divisions to adopt gender quotas, and will introduce mandatory workplace health and safety training for all political staffers, to clean up the culture of the government and tackle its flagging fortunes.

Gig economy jobs marketplace Airtasker has had a cracking start to life as a listed company, ending the day up 61.5 per cent, but chief executive Tim Fung chose to focus on the long term rather than how the company performed on its first day.

Page 5: A Supreme Court judge says there is no ‘‘rule of law’’ argument that would prevent an inquiry into whether Christian Porter is still a ‘‘fit and proper person’’ to be Attorney-General.

Page 6: Fast-food giants McDonald’s and Domino’s will not return to enterprise agreements for their 120,000 employees following the failure of the Morrison government’s bargaining changes and urged the reform focus to turn to award flexibility.

Page 7: Maritime Super has given its members a reprieve on administration fees after announcing an investment arrangement with Hostplus but has also stopped paying its members tax credits.

Page 8: Australia’s race to create world-leading medical devices suitable for human trials and early-stage manufacturing is being boosted by the Morrison government’s health technology fund.

Page 12: Activists are urging energy giant Chevron to sideline its joint venture partner in Myanmar by diverting royalty payments, as a global campaign to stop the flow of funds to the junta that seized power last month heats up.

Page 13: The Australian Securities and Investments Commission says a ruling against fund promoter Mayfair 101 will empower the regulator to crack down on aggressive advertising, including that done via internet search terms.

Page 15: Kathmandu has ruled out repaying $NZ20.5 million ($18.9 million) in government grants and wage subsidies that helped the outdoor leisure retailer boost earnings in the January half and resume paying dividends for the first time in two years.

Page 17: Rio Tinto will ‘‘directly engage’’ with indigenous elders rather than confine communications to the executives that run Aboriginal Corporations on elders’ behalf, as part of efforts to put traditional owners on the same pedestal as prime ministers and presidents.

Page 19: AusGroup Ltd has foreshadowed a hiring spree in a resurgent oil and gas industry after being awarded a 10-year maintenance contract covering Chevron’s Gorgon and Wheatstone LNG operations.

 

 

The Australian

Page 1: Indo-Pacific nations are under pressure to give Chinese firms favourable access to infrastructure and economic opportunities in return for the supply of Sinopharm and Sinovac vaccines.

Page 5: The Liberal Party is bitterly divided over quotas for women after Scott Morrison endorsed the measure and warned the status quo was not working, as a growing number of his MPs spoke out in favour of having a debate in a bid to boost female representation.

Page 9: The CFMEU’s construction division chief, Dave Noonan, has accused the rival mining division of seeking to “render the union dysfunctional”, as the warring camps escalate a bitter dispute over rule changes designed to install Christy Cain as national secretary.

Page 16: Latitude Financial’s owners are expected to upsize the retail component of its initial public offering after being met with overwhelming demand.

Page 18: Rio Tinto boss Jakob Stausholm expressed his “deep regret” over the destruction of 46,000-yearold heritage sites at Western Australia’s Juukan Gorge as one investor pressed the mining giant to make further management and board-level changes despite the executive clean-out.

Page 20: Deliveroo, backed by Amazon.com, has set a price range for its planned London listing with an upward valuation of $US12bn ($15.6bn), posing a test for continued investor appetite in online food-delivery services.

 

 

The West Australian

Page 3: WA’s health system has reached an unprecedented breaking point, with two of Perth’s major hospitals declaring a code yellow, unable to take in all patients who present to their emergency departments.

Page 7: More than 100 mental health workers, including those at Perth Children’s Hospital, plan to walk off the job over what they say is inadequate resourcing for kids experiencing mental health crises.

Page 17: There is yet more evidence the AstraZeneca vaccine is safe and effective, as a big US trial found it provided 100 per cent protection against severe illness from COVID-19.

Page 20: Australia Post’s former chief executive Christine Holgate was “reluctant” to stand down after buying four Cartier watches for a combined $20,000, which prompted the organisation to cancel a number of company credit cards to stop it happening again.

Business: Sino Iron project owner CITIC has accused royalties billionaire Clive Palmer of mounting a legal claim on the back of an abuse of process by his cash cow Mineralogy.

Crown Resorts and its private equity suitor Blackstone are playing a long game as investors debate the value of the troubled casino company and the prospects of a bidding war.

Calidus Resources will buy the balance of the Blue Spec gold project as part of a plan to boost production at its flagship $116 million Warrawoona project near Marble Bar.

Billionaire Andrew Forrest’s plan to build 10 weirs on his Pilbara cattle station “must consider the spiritual connection between traditional owners and the local river, rather than focus on hydrogeological impacts alone”.

West Australians are keen to get their hands on electric vehicles but a lack of incentives for the sector is causing the next generation of automobiles to trickle into the local market.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options