21/06/2021 - 07:06

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21/06/2021 - 07:06

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Scomo’s red tape big dig at Albo

Prime Minister Scott Morrison has written to Anthony Albanese urging the Opposition Leader to support measures to cut environmental red tape that is putting at risk major mining projects due to approval delays. The West

WA mining at risk from staff shortage

An “acute” shortage of workers is putting exports from Western Australia’s powerhouse resources sector at risk and threatens other sections of the state’s economy as cashed-up mining companies scramble for the staff needed to maintain their own operations during a commodity price boom. The Aus

Silversea pulls Kimberley cruises

Silversea has cancelled its heavily booked Kimberley 2021 season of 10 cruises in Western Australia, joining the growing number of international lines ditching planned local bubble cruises this year because of the border closure. The Fin

Report flags risk of drop in living standards, pay

The economy will be more than $30 billion smaller, incomes significantly weaker and budget deficits larger if labour productivity growth fails to recover to lofty historic levels, the federal government’s Intergenerational Report will warn next week. The Fin

Forrest funds nasal spray play for COVID fight

Andrew Forrest’s Minderoo Foundation is partly financing a new $32 million funding round for a nasal spray start-up that says it can help the fight against COVID-19. The Fin

McCormack defies Joyce

Nationals leader Michael McCormack has warned ‘‘they’ll have to blow me out’’ as he urged his divided party to shelve growing talk of a leadership spill and focus on the needs of the people. The Fin

PM under pressure from premiers on vaccine rollout

Prime Minister Scott Morrison will come under intense pressure from state premiers at an emergency national cabinet meeting today to accelerate the troubled vaccine rollout, as Victoria announced plans to develop the country’s first local mRNA vaccine. The Fin

AUSTRAC uses banks in casino crackdown

After extracting $2 billion in fines from the big banks for breaching anti-money laundering laws, the financial intelligence regulator describes the banks as valuable partners in the fight against financial crime as it shifts the heat on to casinos. The Fin

Leaders blast Pfizer ‘shambles’

A decision by government health advisers to restrict AstraZeneca to those over 60 and the recalibration of the vaccine rollout will be at the heart of Monday’s national cabinet meeting following Victoria’s criticism that the administration of jabs had “been a shambles” and WA’s demands for more Pfizer doses. The Aus

Australia must make its LNG lower carbon

Australia’s liquefied natural gas producers must beat cost and technical challenges and be at the forefront of ‘‘green LNG’’ to stay competitive as importers race to reach net zero emissions, consultancy Wood Mackenzie says. The Fin

 

 

The Australian Financial Review

Page 1: Nationals leader Michael McCormack has warned ‘‘they’ll have to blow me out’’ as he urged his divided party to shelve growing talk of a leadership spill and focus on the needs of the people.

Page 3: Telstra was prosecuted for unethical behaviour by phone retailers it didn’t own to deter big companies from abusing their power over consumers, business watchdog Rod Sims said.

Page 4: The economy will be more than $30 billion smaller, incomes significantly weaker and budget deficits larger if labour productivity growth fails to recover to lofty historic levels, the federal government’s Intergenerational Report will warn next week.

Federal and state governments are unlikely to meet more than 40 per cent of their productivity-enhancing targets, according to the Productivity Commission, raising the risk that Australia’s decade-long stretch of low wages growth could persist for years to come.

Page 6: Prime Minister Scott Morrison will come under intense pressure from state premiers at an emergency national cabinet meeting today to accelerate the troubled vaccine rollout, as Victoria announced plans to develop the country’s first local mRNA vaccine.

Page 9: Silversea has cancelled its heavily booked Kimberley 2021 season of 10 cruises in Western Australia, joining the growing number of international lines ditching planned local bubble cruises this year because of the border closure.

Page 13: After extracting $2 billion in fines from the big banks for breaching anti-money laundering laws, the financial intelligence regulator describes the banks as valuable partners in the fight against financial crime as it shifts the heat on to casinos.

Page 16: Wesfarmers will appeal against a decision rubber-stamped by Industry Minister Christian Porter that lifts sanctions on Russian imports of a key ingredient in explosives and fertilisers used in the booming mining and farming industries.

Page 17: Australia’s liquefied natural gas producers must beat cost and technical challenges and be at the forefront of ‘‘green LNG’’ to stay competitive as importers race to reach net zero emissions, consultancy Wood Mackenzie says.

Page 19: Andrew Forrest’s Minderoo Foundation is partly financing a new $32 million funding round for a nasal spray start-up that says it can help the fight against COVID-19.

 

 

The Australian

Page 1: Nearly a dozen former federal ministers from the most recent Coalition and Labor governments are either registered lobbyists or providing “strategic advice” to companies, with demands growing for ex-politicians to be banned from such activity for up to five years.

Page 4: Scott Morrison has warned that cyber attacks are a constant threat and that Australians must understand cyber security is as “important as the locks on the front door”, after meeting with British intelligence chiefs in London last week.

Page 5: A decision by government health advisers to restrict AstraZeneca to those over 60 and the recalibration of the vaccine rollout will be at the heart of Monday’s national cabinet meeting following Victoria’s criticism that the administration of jabs had “been a shambles” and WA’s demands for more Pfizer doses.

Page 13: An “acute” shortage of workers is putting exports from Western Australia’s powerhouse resources sector at risk and threatens other sections of the state’s economy as cashed-up mining companies scramble for the staff needed to maintain their own operations during a commodity price boom.

Page 14: As the latest commodities price boom gathers pace, things are looking up for Iluka Resources, with the company said to be eyeing solid price lifts for its next round of zircon contracts and edging closer to an exit strategy for its disastrous foray into Sierra Leone.

Page 19: A second wave of national defamation law reform will seek to regulate the “wild west” of social media and clarify who should be responsible for defamatory posts.

 

 

The West Australian

Page 1: Membership to Perth’s elite The Weld Club should no longer be a male-only privilege, WA’s Women’s Interests Minister Simone McGurk has declared.

Page 4: Almost two-thirds of WA hospitality venues have significant concerns about mental health and stress due to staff shortages, a survey has revealed ahead of the removal of all physical distancing restrictions.

Page 5: Prime Minister Scott Morrison has written to Anthony Albanese urging the Opposition Leader to support measures to cut environmental red tape that is putting at risk major mining projects due to approval delays.

Page 15: A teenager suffering anorexia has been turned away from Perth Children’s Hospital — where she has been treated on and off for more than a year — because she has turned 16.

Business: A judge has given Chris Brown until Friday to come up with more evidence after initially blasting the besieged betting whiz-kid’s attempt to throw a veil of secrecy over his Federal Court battles.

A subsidiary of sharemarket-listed drilling contractor Swick Mining Services has been legally cleared over its repeated failure to file annual reports with the Federal corporate watchdog.

The WA Chamber of Minerals and Energy will lobby the Federal Government to free-up skilled migration to allow the State’s booming resources sector to meet the demand for 40,000 additional workers by mid-2023.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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