29/03/2021 - 06:52

Morning Headlines

29/03/2021 - 06:52

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Morning Headlines

Jobs bonanza with more than 20,000 roles up for grabs

WA is in the midst of a jobs bonanza, with vacancies at near decade highs and more than 20,000 roles on offer in occupations ranging from tradies and dentists to cooks and commercial cleaners. The West

Mine export surge holds up economy

A record $296 billion in forecast resources and energy exports this year is turbocharging Australia’s economic rebound from the COVID-19 downturn and will help offset the withdrawal of the federal government’s JobKeeper wage subsidy. The Fin

Forrest’s LNG import vital to avoid shortfall

Andrew Forrest’s LNG import terminal in Port Kembla will help push out Victoria’s expected shortfall in local gas supplies until 2026, although the operator of Australia’s energy market is warning of shortages as early as winter 2023 if the project is delayed and demand is high. The Fin

No easy run for Crown suitor: casino regulator

The NSW gambling regulator has warned Blackstone faces an “exhaustive” probity process in its $8 billion takeover bid for Crown Resorts. The Fin

HBF warns on health costs

A government cap on health insurance premiums and profits has been proposed to ensure the sustainability of the troubled industry. The West

Uber car provider Splend goes electric

Splend, a company that leases vehicles to Uber drivers in Australia and Britain, is using $40 million in refinancing to fuel an aggressive reinvention as a “green mobility” entity where passengers are able to choose to ride in an electric vehicle. The Fin

ALP confronts union brawl on nuclear policy

Anthony Albanese will make sexual violence and women’s safety a focus at this week’s national conference, as blue-collared unions clash over whether a future Labor government should consider backing nuclear energy as a low-emissions fuel source. The Aus

Mining giant to subsidise student fees for regional training courses

Mining giant BHP will help underwrite a federal government program for unemployed, young and Indigenous Australians to access apprenticeships, skills and short-course training across the regions.

SMEs in WA face biggest challenge on finance

WA small to medium businesses found it harder to get a loan from their bank during the COVID pandemic, compared with other States and Territories, a report has revealed. The West

 

 

The Australian Financial Review

Page 1: A record $296 billion in forecast resources and energy exports this year is turbocharging Australia’s economic rebound from the COVID-19 downturn and will help offset the withdrawal of the federal government’s JobKeeper wage subsidy.

Embattled British metals magnate Sanjeev Gupta has written to the British government seeking a £170 million ($307 million) emergency bailout as his sprawling global GFG Alliance races to avoid insolvency.

Page 3: A cyber attack on Nine Entertainment’s North Sydney headquarters that disrupted publishing and broadcasting at the country’s largest media company remained unresolved last night, stoking concerns its effects may extend into the coming days.

Page 6: Insolvency specialists say they are struggling to find work restructuring businesses and are not expecting a rush of corporate failures as a result of the JobKeeper wage subsidy ending.

Page 7: Andrew Forrest’s LNG import terminal in Port Kembla will help push out Victoria’s expected shortfall in local gas supplies until 2026, although the operator of Australia’s energy market is warning of shortages as early as winter 2023 if the project is delayed and demand is high.

Page 8: About half of Australia’s left-of-centre voters are open to the introduction of nuclear energy when it is connected to lower emissions of carbon dioxide, according to a survey for a think tank aligned with the Liberal Party.

Page 10: The federal government has hit a roadblock in its bid to haul China over the coals at the World Trade Organisation for Beijing’s ban on Australian barley exports, after the push became collateral damage in a spat between the US and Venezuela.

Page 12: An exponential growth in demand for mini, industry-specific and co-designed courses is boosting student numbers in international student-deprived universities but has experts calling for a coherent policy framework.

Page 15: The NSW gambling regulator has warned Blackstone faces an “exhaustive” probity process in its $8 billion takeover bid for Crown Resorts.

Page 16: The buy now, pay later sector may be booming but PayPal and credit cards are still the most popular ways for consumers – especially among older, wealthier Australians – to pay for online purchases.

Page 18: Splend, a company that leases vehicles to Uber drivers in Australia and Britain, is using $40 million in refinancing to fuel an aggressive reinvention as a “green mobility” entity where passengers are able to choose to ride in an electric vehicle.

 

 

The Australian

Page 1: Scott Morrison’s move to end the crisis engulfing his government by stripping responsibilities from two senior ministers has been derailed by Andrew Laming’s forced departure from politics after the Queensland MP admitted to harassing women online.

Josh Frydenberg has warned continuing wage subsidies will have “adverse consequences” and stop workers moving to more productive employment, as he hailed the JobKeeper scheme for “stemming the tide” of COVID-19 job losses.

Page 2: More than six in 10 people believe Australia is no better as a country today than it was a decade ago.

Page 3: Crown Resorts is confident it will have its gaming licence reinstated at its $2.2bn Sydney hotel and casino within months and is secretly doubling-down on preparations to ensure the tower’s high-end gambling rooms can be up and running from as early as May.

Page 4: Anthony Albanese will make sexual violence and women’s safety a focus at this week’s national conference, as blue-collared unions clash over whether a future Labor government should consider backing nuclear energy as a low-emissions fuel source.

Page 6: Mining giant BHP will help underwrite a federal government program for unemployed, young and Indigenous Australians to access apprenticeships, skills and short-course training across the regions.

Page 13: Booming iron ore exports on the back of a global economic rebound linked to stimulus measures and supply shortages following the COVID-19 pandemic are expected to drive Australia’s resources and energy exports to a record $136bn.

Page 15: The COVID-19 pandemic has produced a hothouse environment for online shopping that has seen e-commerce sales outside food generate more than five years of growth in just 11 months.

 

 

The West Australian

Page 5: WA is in the midst of a jobs bonanza, with vacancies at near decade highs and more than 20,000 roles on offer in occupations ranging from tradies and dentists to cooks and commercial cleaners.

Page 11: A government cap on health insurance premiums and profits has been proposed to ensure the sustainability of the troubled industry.

Page 14: Mark McGowan has urged West Australians planning Easter getaways in Queensland to cancel their holidays, with authorities monitoring a Brisbane coronavirus cluster that has grown to three cases.

More than 500,000 Australians have now had a free COVID-19 jab, national data shows.

Business: WA small to medium businesses found it harder to get a loan from their bank during the COVID pandemic, compared with other States and Territories, a report has revealed.

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