21/04/2021 - 06:47

Morning Headlines

21/04/2021 - 06:47

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Morning Headlines

Give us the tools & we’ll finish the jab

Billionaire mining boss Chris Ellison has argued big business should be allowed to step in to advance the national COVID-19 vaccine rollout, revealing his company is already in talks with authorities about how it can get involved. The West

Bonanza for iron ore miners

Australian iron ore miners are making bigger profits than during the resources boom a decade ago after they overcame labour shortages and weather disruptions to collectively raise exports just as iron ore prices are surging. The Fin

Dutton vows State debacle won’t hurt Federal Liberals

Defence Minister Peter Dutton has declared the Coalition will win the next election and that West Australians will back Scott Morrison, despite the Liberal Party being annihilated at the State election. The West

Inaction on emissions will leave regional jobs stranded, PM warns

Scott Morrison has warned that jobs in regional Australia will be left stranded unless the country embraces low emissions technology, and has pledged more than half a billion dollars in additional funds towards developing hydrogen and carbon capture and storage technologies. The Fin

Cash flow in welfare shake-up

Welfare recipients forced on to cashless debit cards will be targeted for skills training and help with paperwork such as driver’s licences under a $30 million Federal Government injection to get them into jobs. The West

CEOs back productivity reforms

Business bosses have backed reforms that boost productivity and an increase to the GST rate as effective ways to pay down government debt racked up during the coronavirus pandemic. The Fin

‘Grounded’ discount chain Kmart targets $10b in sales

Kmart hopes to lift sales by more than 60 per cent to $10 billion and earnings by more than 90 per cent to $1 billion by converting Target stores to its brand, expanding its online business, and using technology and data to improve supply chain efficiency and reduce costs. The Fin

Lynas tips jump in China’s rare earths production

Lynas Rare Earths says Chinese producers are moving to dramatically increase production amid growing demand for materials central to the renewables, car making, electronics and defence sectors. The Fin

Hospitality bid for special foreign staff visas

The hospitality sector is demanding the Morrison government introduce a 12-month “COVID recovery worker visa” as critical staff shortages of up to 30 per cent force businesses to reduce opening hours or close altogether. The Aus

Stockland rides housing boom

The country’s largest residential developer, Stockland, says inquiries are running 40 per cent ahead of normal as it rides the tide of low interest rates and government stimulus. The Aus

 

 

The Australian Financial Review

Page 1: Australian iron ore miners are making bigger profits than during the resources boom a decade ago after they overcame labour shortages and weather disruptions to collectively raise exports just as iron ore prices are surging.

Page 2: Aged care reform should be used as an opportunity for job creation in the same way as manufacturing and other traditional male-dominated employment strongholds are, federal Labor says.

Page 4: Scott Morrison has warned that jobs in regional Australia will be left stranded unless the country embraces low emissions technology, and has pledged more than half a billion dollars in additional funds towards developing hydrogen and carbon capture and storage technologies.

Page 5: The state of Australia’s struggling COVID-19 vaccine rollout remains unclear ahead of moves to bring forward jabs for those aged over 50, with the government unable to say exactly how many vulnerable people have had injections so far.

Page 7: Consulting giant KPMG received almost 100 workplace complaints between 2014 and 2019 with allegations of bullying and sexual harassment growing or remaining steady over that period, raising questions about how widespread the conduct is and what the firm is doing to address it.

Page 8: Business bosses have backed reforms that boost productivity and an increase to the GST rate as effective ways to pay down government debt racked up during the coronavirus pandemic.

Page 13: Kmart hopes to lift sales by more than 60 per cent to $10 billion and earnings by more than 90 per cent to $1 billion by converting Target stores to its brand, expanding its online business, and using technology and data to improve supply chain efficiency and reduce costs.

Page 16: Lynas Rare Earths says Chinese producers are moving to dramatically increase production amid growing demand for materials central to the renewables, car making, electronics and defence sectors.

 

 

The Australian

Page 1: “Cancel culture” has become so prevalent and damaging to free speech one of Australia’s top philosophers has set up an academic journal in which contributors can publish under a fake name.

Page 4: The hospitality sector is demanding the Morrison government introduce a 12-month “COVID recovery worker visa” as critical staff shortages of up to 30 per cent force businesses to reduce opening hours or close altogether.

Australia’s biggest energy investors — including iron ore magnate Andrew Forrest — are backing dozens of hydrogen projects spanning the nation, betting the clean technology can spur an export opportunity eventually rivalling the country’s fossil fuel revenues.

Page 6: Looming funding cuts for more than 160 non-government schools are shaping as a potential election headache for the Morrison government, as it faces accusations that its new financing model has unwittingly created “winners and losers”.

Page 13: Super funds are racing towards double-digit returns for the financial year after riding investment markets over the past three months to lock in a 3.1 per cent gain.

The country’s largest residential developer, Stockland, says inquiries are running 40 per cent ahead of normal as it rides the tide of low interest rates and government stimulus.

 

 

The West Australian

Page 4: Welfare recipients forced on to cashless debit cards will be targeted for skills training and help with paperwork such as driver’s licences under a $30 million Federal Government injection to get them into jobs.

Page 5: Almost nine in 10 West Australians support making the COVID-19 vaccination mandatory for international travellers, according to a poll.

Page 8: Apartments sales in WA have rocketed by more than 50 per cent in the past 12 months to hit their highest point in seven years.

Perth’s historic London Court in the heart of the city is on the market, possibly to leave WA ownership for the first time since it was built more than 80 years ago.

Page 12: Defence Minister Peter Dutton has declared the Coalition will win the next election and that West Australians will back Scott Morrison, despite the Liberal Party being annihilated at the State election.

Business: Billionaire mining boss Chris Ellison has argued big business should be allowed to step in to advance the national COVID-19 vaccine rollout, revealing his company is already in talks with authorities about how it can get involved.

Margaret River winery Lenton Brae has been sold to WA’s Jackson family, ending nearly 18 months of squabbling that reached the WA Supreme Court after the business was put into liquidation last year.

Hastings Technology Metals has moved a step closer to securing finance to become WA’s second rare earths producer after signing a major decade-long offtake deal with a German trading firm.

Jetstar is about to fly its first Boeing 787 out of the desert park at Alice Springs as part of its drive to significantly increase domestic capacity.

WA’s luxury goods market continues to boom as the sector’s key players settle into a new precinct to capitalise on the surging demand for lavish items.

The world’s first self-powered greenhouse has opened at Murdoch University, triggering a major leap in the fortunes of Perth-based ClearVue Technologies.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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