23/06/2021 - 06:55

Morning Headlines

23/06/2021 - 06:55

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Government may take over WA’s ambo service

A parliamentary inquiry will examine whether the McGowan Government should terminate its contract with St John WA and bring the provision of ambulance services into the public sector. The West

Red tape law urgent

In a letter to Anthony Albanese, the Chamber of Minerals and Energy, the Chamber of Commerce and Industry, the Association of Mining and Exploration Companies, and the Pastoralists and Graziers Association jointly call for a commitment to passing reforms to the Environment Protection and Biodiversity Conservation Act. The West

BHP blasted by elder amid WA impasse

The Aboriginal elder who signed off on landmark agreements with BHP that underpin the company’s iron ore operations has lashed out at the mining giant for taking five months to investigate the cause of damage to a culturally important cave at a mine. The Fin

Nationals open to net zero deal

Senior Nationals MPs are open to backing a 2050 net zero emissions target under the leadership of Barnaby Joyce under strict conditions, paving the way for a new climate change compromise between the Coalition parties. The Aus

We’re a nation of millionaires, studies reveal

More than 3 million Australian adults could soon be millionaires, according to a new report by Credit Suisse, while the average Australian adult, with a net wealth of $US238,000, is the richest in the world. The Fin

‘Hands off WA’s GST’

Premier Mark McGowan says NSW shouldn’t be “bailed out” by WA taxpayers for its own “poor financial management” after the Berejiklian Government renewed calls to strip WA of GST top-up payments. The West

Nat carbon truce rebuffed

Scott Morrison has warned Coalition MPs that any pursuit of individual agendas or pet projects in the wake of Barnaby Joyce’s comeback will cost the government the election, amid fresh internal divisions inside the Nationals over climate policy. The Fin

Coonan kept quiet on Crown tax rort issue

Less than a third of Australia’s aged care workforce has had a COVID-19 vaccination, months after the federal government’s original deadline to protect residents and staff nationwide. The Fin

Australians’ trust in China plummets

Almost two-thirds of Australians now view China as a security threat rather than an economic partner, with the communist regime’s campaign of economic coercion backfiring against Beijing, according to a new poll. The Fin

Soul Patts in $11bn LIC merger

Washington H Soul Pattinson will add $3.6bn to its war chest when it merges with ASX-listed Milton Corp, boosting managing director Todd Barlow’s firepower as he looks to beef up the conglomerate’s portfolio with unlisted assets and global equities. The Aus

 

 

The Australian Financial Review

Page 1: Scott Morrison has warned Coalition MPs that any pursuit of individual agendas or pet projects in the wake of Barnaby Joyce’s comeback will cost the government the election, amid fresh internal divisions inside the Nationals over climate policy.

Page 2: Former Oil Search managing director Peter Botten has branded UBS ‘‘greedy’’ for the fees it charged on a deal in Papua New Guinea and said he was uncomfortable with the investment bank being on both sides of the transaction.

Page 3: More than 3 million Australian adults could soon be millionaires, according to a new report by Credit Suisse, while the average Australian adult, with a net wealth of $US238,000, is the richest in the world.

Page 4: Less than a third of Australia’s aged care workforce has had a COVID-19 vaccination, months after the federal government’s original deadline to protect residents and staff nationwide.

Page 5: Victoria’s royal commission into Crown Resorts has heard that executive chairman Helen Coonan kept her knowledge of the casino giant’s potential tax rort secret from her fellow directors, despite the news of it breaking while they were at a board meeting.

Page 13: Almost two-thirds of Australians now view China as a security threat rather than an economic partner, with the communist regime’s campaign of economic coercion backfiring against Beijing, according to a new poll.

Page 19: The Aboriginal elder who signed off on landmark agreements with BHP that underpin the company’s iron ore operations has lashed out at the mining giant for taking five months to investigate the cause of damage to a culturally important cave at a mine.

Page 21: One in five Australians have fibbed to the bank when applying for a loan in order to avoid being knocked back by the lender, raising concerns about the return of ‘‘liar loans’’ in a surging housing market.

Page 22: TPG Telecom fears it is being swept up in the broader campaign to overhaul merger laws by the competition watchdog, which has issued analysis saying mobile prices rose after the company’s union with Vodafone.

Page 24: A large setback for Gina Rinehart’s coal mining ambitions in Canada has sent shockwaves through ASX-listed companies with projects nearby.

 

 

The Australian

Page 1: Senior Nationals MPs are open to backing a 2050 net zero emissions target under the leadership of Barnaby Joyce under strict conditions, paving the way for a new climate change compromise between the Coalition parties.

The option of taking a proposal for nuclear power in Australia to the next election has been considered in cabinet-level discussions as pressure grows within the Morrison government to prepare for a nuclear energy industry.

Page 4: Survivors of institutional child sexual abuse who are older or terminally ill will have access to $10,000 payments under sweeping changes to the National Redress Scheme as the Morrison government vows to take immediate action on the majority of recommendations made by a wide-ranging review.

Page 5: Foreign chefs and engineers will have their visa applications fast-tracked under a federal government move that employers said would address severe skill shortages across the hospitality and resources sectors.

Page 13: Washington H Soul Pattinson will add $3.6bn to its war chest when it merges with ASX-listed Milton Corp, boosting managing director Todd Barlow’s firepower as he looks to beef up the conglomerate’s portfolio with unlisted assets and global equities.

 

 

The West Australian

Page 1: A parliamentary inquiry will examine whether the McGowan Government should terminate its contract with St John WA and bring the provision of ambulance services into the public sector.

Page 3: The City of Perth is recommending the council slash Alinta Energy Christmas Pageant sponsorship because the 50-year-old event “does not represent value for money”.

Page 4: The Weld Club president John Prevost has cautioned members against speaking to the media in an email that says the institution is “resolute” about maintaining its silence in the face of ongoing scrutiny.

Page 8: Premier Mark McGowan says NSW shouldn’t be “bailed out” by WA taxpayers for its own “poor financial management” after the Berejiklian Government renewed calls to strip WA of GST top-up payments.

Page 14: WA Liberal members “suspected of making comments to the media” face being asked to sign a statutory declaration saying they have not leaked — and those who refuse could potentially be expelled from the party.

Page 16: In a letter to Anthony Albanese, the Chamber of Minerals and Energy, the Chamber of Commerce and Industry, the Association of Mining and Exploration Companies, and the Pastoralists and Graziers Association jointly call for a commitment to passing reforms to the Environment Protection and Biodiversity Conservation Act.

Business: Premier Mark McGowan is urging the Federal Government to reconsider its decision to “knock back” one of the world’s largest renewable energy projects, saying it indicates the Coalition is not serious about acting on climate change.

Corporate watchdog the Australian Securities and Investments Commission has vowed to go all in with its criminal pursuit of billionaire Clive Palmer — telling a court it plans to push for the case to be heard in Queensland’s higher courts, where a guilty verdict could mean jail.

Community relations and maintaining a social licence to operate are a rapidly growing risk for the mining industry, while the COVID-19 pandemic has also emerged as a new threat.

Cows will be moo-ving around one of WA’s biggest dairy farms this summer rather than herding together in a few paddocks, thanks to new technology.

IGO and Tianqi are on track to produce the first lithium hydroxide plant from their restarted Kwinana plant by the end of the year after clinching final approvals for the $1.8 billion partnership.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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