25/06/2021 - 07:03

Morning Headlines

25/06/2021 - 07:03

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ScoMo gives the green light for new airport hub

Scott Morrison has ticked off on two sites in WA that could be used for a purpose-built COVID quarantine facility. The West

Offshore wind will generate jobs: ALP

A federal Labor government would unlock billions of dollars of investment in offshore wind farms by prioritising a regulatory framework that would be used to assess eight proposed renewables projects off Australia’s east and west coastlines. The Aus

24-hour Fremantle port strike hits iron ore exports

Fremantle Port will be hit with a 24-hour strike by maritime workers on Friday amid an escalating dispute between unions and the port authority. The Aus

Belarus sanctions give WA a potash windfall

WA’s aspiring sulphate of potash players are basking in a steep price rally and potential further upside after Western countries this week slapped tough sanctions on big fertiliser producer Belarus. The West

Carbon price carrot, not stick, for net zero

A thriving market for green credits driven by businesses voluntarily committing to cut their carbon footprint has emerged as a central plank in Australia’s effort to reach net zero emissions. The Fin

Deloitte settles discrimination case for millions

Deloitte has settled an age discrimination case brought by partner Colin Brown over allegations he was forced out of the partnership when he reached 62, nipping in the bud what was shaping into a landmark legal challenge to its partnership agreements. The Fin

Beijing throws kitchen sink at Australia

Trade Minister Dan Tehan has promised to ‘‘robustly defend’’ the country against Chinese complaints Australia has unfairly imposed anti-dumping tariffs on stainless kitchen sinks, railway wheels and wind towers in an escalation of the trade hostilities between the two countries. The Fin

Hostplus in $2.6bn super fund swoop

Hostplus is hoovering up even more small fry in the superannuation sector, signing a deal to merge with the $2.6bn Queensland-based Intrust Super and adding 96,000 hospitality, retail and tourism workers to its membership base in the process. The Aus

Tech crims look to WA

Australia’s former top cyber adviser has warned of increasing attacks by criminal and antagonistic foreign agents, saying WA is the most lucrative target given its contribution to the national economy. The West

McGowan calls for a ‘reset’ in China relations

Premier Mark McGowan has told a farming conference Australia’s relationship with China needs a “reset” as he renews his push on the Federal Government to pull back from language that promotes conflict with the country’s biggest trading partner. The West

 

 

The Australian Financial Review

Page 1: NSW Premier Gladys Berejiklian is resisting growing calls for an economically-damaging Melbourne-style lockdown as Sydney’s latest outbreak nears 50 cases and other states slammed their borders shut.

A thriving market for green credits driven by businesses voluntarily committing to cut their carbon footprint has emerged as a central plank in Australia’s effort to reach net zero emissions.

Page 3: Deloitte has settled an age discrimination case brought by partner Colin Brown over allegations he was forced out of the partnership when he reached 62, nipping in the bud what was shaping into a landmark legal challenge to its partnership agreements.

Page 8: Australians need to speed up their vaccination take-up rates and the federal government should open more local bubbles beyond New Zealand, or the country risks falling behind as the world races to open up, the new head of Singapore Airlines in Australia says.

Page 16: More than a quarter of businesses are struggling to find suitable staff, and one in five report they do not have enough staff to meet demand, adding to evidence the labour market will tighten much quicker than official forecasts.

Page 18: Trade Minister Dan Tehan has promised to ‘‘robustly defend’’ the country against Chinese complaints Australia has unfairly imposed anti-dumping tariffs on stainless kitchen sinks, railway wheels and wind towers in an escalation of the trade hostilities between the two countries.

Page 20: John McAfee, the creator of McAfee antivirus software, was found dead in his jail cell near Barcelona in an apparent suicide, hours after a Spanish court approved his extradition to the United States to face tax charges punishable by decades in prison, authorities said.

Page 21: Afterpay will allow some of its United States users to shop at a broader range of retailers – including Amazon which is not signed up directly with Afterpay – in a strategic shift that will see it issue ‘‘virtual cards’’ through its app in the same way as its major American competitors.

Page 26: The chairman of the Australian Payments Council has defended the proposed merger of three domestic payment schemes against scepticism from the competition regulator, arguing other countries are consolidating systems as technology giants build competitive sets of payments rails.

 

 

The Australian

Page 1: The CSIRO and several Australian universities have engaged in at least 10 joint projects with the Wuhan Institute of Virology in the past decade, a laboratory US intelligence has linked to the Chinese military and which is suspected of being at the centre of the Covid-19 outbreak.

Page 2: A $400m deal between Australia and Papua New Guinea will support upgrades of major PNG ports under a $2bn strategy backing critical infrastructure projects across the South Pacific.

Page 6: A federal Labor government would unlock billions of dollars of investment in offshore wind farms by prioritising a regulatory framework that would be used to assess eight proposed renewables projects off Australia’s east and west coastlines.

Page 13: Hostplus is hoovering up even more small fry in the superannuation sector, signing a deal to merge with the $2.6bn Queensland-based Intrust Super and adding 96,000 hospitality, retail and tourism workers to its membership base in the process.

Page 16: Fremantle Port will be hit with a 24-hour strike by maritime workers on Friday amid an escalating dispute between unions and the port authority.

People with rooftop solar systems saved nearly a third on their electricity costs last year compared to those without rooftop systems, with the competition regulator hopeful a jump in power bills will be reversed this year as suppliers pass through lower wholesale prices to customers.

 

 

The West Australian

Page 5: Scott Morrison has ticked off on two sites in WA that could be used for a purpose-built COVID quarantine facility.

Page 11: Australia’s former top cyber adviser has warned of increasing attacks by criminal and antagonistic foreign agents, saying WA is the most lucrative target given its contribution to the national economy.

Page 14: Former long-time health minister Kim Hames is “totally opposed” to terminating St John WA’s contract in favour of bringing ambulance services into the public sector, claiming the move would benefit no one but the United Workers Union.

Page 65: A dozen offers were submitted to develop the South Fremantle Power station within 24 hours of applications opening.

Business: Premier Mark McGowan has told a farming conference Australia’s relationship with China needs a “reset” as he renews his push on the Federal Government to pull back from language that promotes conflict with the country’s biggest trading partner.

About 250,000 of WA’s lowest-paid workers will receive a 2.5 per cent pay increase from next week after the Industrial Relations Commission handed down its decision in the annual State Wage Case.

WA’s aspiring sulphate of potash players are basking in a steep price rally and potential further upside after Western countries this week slapped tough sanctions on big fertiliser producer Belarus.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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