08/06/2021 - 06:55

Morning Headlines

08/06/2021 - 06:55

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Morning Headlines

PM renews IR agenda amid fight for miners

The Morrison government will mount a fresh push to introduce greenfield agreements for mining and other large infrastructure projects as part of rebuilding its electoral fortunes in Western Australia and countering a campaign by Labor to woo the mining vote. The Fin

WA aged care workers must get jabs

West Australian Premier Mark McGowan will mandate the vaccination of aged care workers against the coronavirus, making him the first state or territory leader to make the pledge after the idea was canvassed by national cabinet last week. The Fin

AAA safe for $1.6 trillion debt

The federal government and commercial banks will be able to keep borrowing cheaply in international credit markets, after S&P Global Ratings revised the government’s AAA rating to ‘‘stable’’ and removed it from a potential downgrade list. The Fin

Crown in sights of watchdog

Crown Resorts’ Perth casino has been swept up in a money-laundering crackdown by Australia’s financial crimes regulator as the hard-pressed gaming group admitted it had broken the law in Melbourne for five years. The West

Businesses to offer jab incentives

West Australians aged 40 to 49 are set to be eligible to register for the Pfizer vaccine, as businesses are given the go-ahead to offer “rewards” to fully vaccinated Australians. The West

Big consulting firms avert a super pay cut on July 1

Major consulting firms have lined up to reassure workers their take-home pay will not be cut next month to fund an increase in the superannuation guarantee on July 1. The Fin

Employment market recovers as job ads hit a 12-year high

The number of job advertisements hit a 12 1 /2-year high in May, according to ANZ, in a further sign that the labour market recovery has not been derailed by the end of JobKeeper. The Fin

Lithium outshines gold in exploration funding

An analysis by BDO of the $2.37 billion pumped into pre-revenue explorers in the first three months of this year revealed a big swing towards lithium, uranium and rare earths, as exploration veteran Will Robinson said the sector was starting to show an improved success rate, thanks to new technology and strong scientific support from governments. The Fin

NBN channels price rise in rates plan

NBN Co has flagged the potential end of controversial CVC pricing, with telcos including Telstra, TPG and Optus cautiously welcoming a discussion paper that suggests scrapping the long-maligned charge in favour of a flat-rate pricing model, but one that would likely lead to price rises. The Aus

Aldi expands in State with six new stores

Discount grocery giant Aldi has revealed plans to grow its WA footprint, with a further six stores to open across the metropolitan and country areas over the next two years. The West

 

 

The Australian Financial Review

Page 1: The federal government and commercial banks will be able to keep borrowing cheaply in international credit markets, after S&P Global Ratings revised the government’s AAA rating to ‘‘stable’’ and removed it from a potential downgrade list.

The Morrison government will mount a fresh push to introduce greenfield agreements for mining and other large infrastructure projects as part of rebuilding its electoral fortunes in Western Australia and countering a campaign by Labor to woo the mining vote.

Page 2: Major consulting firms have lined up to reassure workers their take-home pay will not be cut next month to fund an increase in the superannuation guarantee on July 1.

Page 3: ABC managing director David Anderson says the government has not pressured him to shelve a planned Four Corners program that reportedly examines Scott Morrison’s family ties to a supporter of the QAnon conspiracy theory.

Page 4: The number of job advertisements hit a 12 1 /2-year high in May, according to ANZ, in a further sign that the labour market recovery has not been derailed by the end of JobKeeper.

Page 5: The CEOs of the big four employer groups are urging the government to resurrect dumped parts of its industrial relations bill during this term of parliament, including on workplace agreements and minimum award conditions, so it can focus on ‘‘more transformational’’ reforms after the election.

Page 6: West Australian Premier Mark McGowan will mandate the vaccination of aged care workers against the coronavirus, making him the first state or territory leader to make the pledge after the idea was canvassed by national cabinet last week.

Page 7: Fully vaccinated citizens should be able to move freely between states and territories – even during lockdownstourism industry leaders said yesterday, as fresh data revealed Australians spent 41 per cent less on travel at home last year than they did before the pandemic.

Page 11: Soaring demand for commodities and record iron ore prices have driven a surge in the value of Australian exports to China in the first five months of the year, despite tariffs and bans on billions of dollars worth of goods.

Page 12: An analysis by BDO of the $2.37 billion pumped into pre-revenue explorers in the first three months of this year revealed a big swing towards lithium, uranium and rare earths, as exploration veteran Will Robinson said the sector was starting to show an improved success rate, thanks to new technology and strong scientific support from governments.

Page 16: Retail internet providers appear to have finally convinced NBN Co to drop its widely loathed variable capacity charges in favour of a flatter, more predictable model.

Page 20: Supply problems in the chip manufacturing industry are so deep-seated and systemic that a worsening shortage will not be over until 2022 at the earliest, industry analysts have warned.

 

 

The Australian

Page 2: The peak body for Australian health funds is supporting upcoming changes to the Medicare Benefits Schedule, and has dismissed concerns patients will be left out of pocket by price hikes.

Page 4: Flexible work is a double-edged sword for many women who fear that working from home damages their chances of promotions and being taken seriously by their boss, according to a new national report.

Page 13: Australian casino groups are potentially facing hundreds of millions of fines after the country’s chief financial crime fighter launched three separate money laundering and terrorism financing investigations.

At least seven Australian firms are among dozens of companies that were infected with the same ransomware that last week crippled meat processor JBS.

Page 15: NBN Co has flagged the potential end of controversial CVC pricing, with telcos including Telstra, TPG and Optus cautiously welcoming a discussion paper that suggests scrapping the long-maligned charge in favour of a flat-rate pricing model, but one that would likely lead to price rises.

 

 

The West Australian

Page 1: WA Police are investigating an alleged sexual assault at one of BHP’s remote Pilbara mines.

Page 5: West Australians aged 40 to 49 are set to be eligible to register for the Pfizer vaccine, as businesses are given the go-ahead to offer “rewards” to fully vaccinated Australians.

The teachers’ union is demanding urgent access to COVID-19 vaccinations for school staff.

Page 14: Up to 12 children as young as five have attempted suicide in Australia in the past six months alone, shocking new figures from Kids Helpline have revealed.

Business: Crown Resorts’ Perth casino has been swept up in a money-laundering crackdown by Australia’s financial crimes regulator as the hard-pressed gaming group admitted it had broken the law in Melbourne for five years.

Property investment in WA has more than doubled in the past year, but it is still running at less than half the level experienced in the previous boom.

Railcar manufacturing has returned to WA for the first time since the Court government shut the Midland Railway Workshops 27 years ago.

Discount grocery giant Aldi has revealed plans to grow its WA footprint, with a further six stores to open across the metropolitan and country areas over the next two years.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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