05/07/2021 - 07:01

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05/07/2021 - 07:01

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Forrest joins billionaires’ venture fund

Forrest joins billionaires’ venture fund
Forrest joins billionaires’ venture fund Andrew Forrest has joined a band of big-name billionaires each investing a minimum of $US50 million ($66 million) in a Bill Gates-led venture capital fund focused on emerging greenhouse gas-reducing technologies, including green steel manufacture. The Fin
RBA set to taper $200b QE stimulus
Economists expect tomorrow’s Reserve Bank board meeting to acknowledge the economy’s surprisingly strong recovery and to signal some tapering of its $200 billion-plus quantitative easing monetary stimulus. The Fin
Virus exit plan leaves us behind: business
The Morrison government’s four phase exit plan from the pandemic means Australia will be locked away from the rest of the world until late 2022 and its economic recovery ‘‘held hostage to vaccine hesitancy’’, Australian Industry Group chief executive Innes Willox has warned. The The Fin
Shorten says $60 billion NDIS blowout lacks credibility
Labor frontbencher Bill Shorten says new figures showing the National Disability Insurance Scheme will blow out to $60 billion by 2030 have all the credibility of claims there were weapons of mass destruction in Iraq. The Fin
Super industry slammed for dumping code
The superannuation industry has shown it is ‘‘incapable of effective self-regulation’’ after dumping a key consumer protection code just months before it was due to come into force. The Fin
Beach Energy may face action over forecasts
Beach Energy may face a shareholder class action for potentially misleading the market over its rosy projections of Western Flank oil reserves in northeast South Australia. The Fin
Lawyers cash in on push for net zero emissions
Lawyers are cashing in on business’s push to achieve net zero emissions, pointing to a boom in demand for regulatory, mergers and acquisition, construction and projects advice associated with the transition to renewable energy. The Fin
$260b benefit from migrant boost
Replacing migrants lost during the coronavirus pandemic would add $260 billion to the economy and lift growth from 2.3 per cent to 2.6 per cent a year in the long term, according to the 40-year outlook for the nation’s economy. The Fin

The Australian Financial Review
Page 1: Economists expect tomorrow’s Reserve Bank board meeting to acknowledge the economy’s surprisingly strong recovery and to signal some tapering of its $200 billion-plus quantitative easing monetary stimulus.
The Morrison government’s four phase exit plan from the pandemic means Australia will be locked away from the rest of the world until late 2022 and its economic recovery ‘‘held hostage to vaccine hesitancy’’, Australian Industry Group chief executive Innes Willox has warned.
Page 2: Labor frontbencher Bill Shorten says new figures showing the National Disability Insurance Scheme will blow out to $60 billion by 2030 have all the credibility of claims there were weapons of mass destruction in Iraq.
Page 5: State governments may be forced to postpone well-advanced plans to bring international students into the country after Prime Minister Scott Morrison’s decision on Friday to halve the number of Australians allowed to return home, experts say.
Page 6: The children of Australian families stuck in India by tough travel restrictions are being blocked from flying home with volunteer guardians, further extending the separation of as many as 200 families.
Australia could play host to chief executives of global or regional companies if the federal government reopened the international border.
Page 7: The superannuation industry has shown it is ‘‘incapable of effective self-regulation’’ after dumping a key consumer protection code just months before it was due to come into force.
Replacing migrants lost during the coronavirus pandemic would add $260 billion to the economy and lift growth from 2.3 per cent to 2.6 per cent a year in the long term, according to the 40-year outlook for the nation’s economy.
Page 8: Lawyers are cashing in on business’s push to achieve net zero emissions, pointing to a boom in demand for regulatory, mergers and acquisition, construction and projects advice associated with the transition to renewable energy.
Page 12: A proposed two-week turnaround between when students sit the annual NAPLAN assessment and when they get their results will transform its usefulness in addressing educational deficits, experts say.
Page 15: Andrew Forrest has joined a band of big-name billionaires each investing a minimum of $US50 million ($66 million) in a Bill Gates-led venture capital fund focused on emerging greenhouse gas-reducing technologies, including green steel manufacture.
Page 16: Beach Energy may face a shareholder class action for potentially misleading the market over its rosy projections of Western Flank oil reserves in northeast South Australia.

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