02/08/2021 - 06:46

Morning Headlines

02/08/2021 - 06:46

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Rio royalty bill could hit $400m

Rio Tinto could owe as much as $400m to the traditional owners of a major Pilbara iron ore mine, with the company accused of decades of underpayments to a native title group representing remote Pilbara communities even as it declares record $14bn in iron ore profits. The Aus

Pope in battle of brokers

Successful WA resources insurance broker Eddy Pope is facing a legal showdown with a global group that paid upwards of $90 million for his former venture CKA Risk Solutions. The West

More effort needed to hit 80pc

Australia’s COVID-19 vaccination rate for adults should reach 77 per cent without great difficulty but pushing it above that to the ultimate target range of 80 per cent will be tougher, according to federal government research. The Fin

PNG flexes muscle on Digicel-Telstra deal

Papua New Guinea’s telecommunications minister, Timothy Masiu, has warned that the island nation must be involved in the potential sale of its largest mobile phone network operator to Telstra and the Australian government, after he temporarily delayed the approval of two key licence renewals for Digicel Pacific. The Fin

Tudge given plan to ease overseas student ‘crisis’

The Morrison government has been handed a road map to recovery for the $40 billion international student sector that would prioritise students from low-risk countries, simplify the visa process and waive visa fees, offer regulatory relief for some providers and a marketing campaign to reassure students they are still welcome. The Fin

Multi-generations pack homes

Returning to the family nest may be a daunting prospect for some, but a growing number of people in Perth are opting to house children, parents and grandchildren all under the same roof. The West

Link exec pay to ESG targets: fundie report

Ethical Partners’ Nathan Parkin is calling for director and management pay to be linked more closely to environmental, social and governance targets, after the fund’s analysis of the top 200 companies revealed that only 20 per cent have meaningful ESG metrics in remuneration targets outside of safety and governance. The Fin

Call to fix ‘broken’ ABC social media policy

The ABC’s social media code has been labelled “not only woefully inadequate but broken” after one of its key radio broadcasters took to Twitter on the weekend to criticise the federal government. The Aus

Precious element set to be the talk of Diggers & Dealers

Nickel is enjoying a renewed interest and long overdue upgrades to its infrastructures thanks to its usefulness as low-cost, high-efficiency component of the lithium ion batteries. The West

Hastings up for Onslow

Rare earths hopeful Hastings Technology Metals has chosen coastal Onslow for a plant to process concentrate from its remote Yangibana operations. The West

 

 

The Australian Financial Review

Page 1: Australia’s COVID-19 vaccination rate for adults should reach 77 per cent without great difficulty but pushing it above that to the ultimate target range of 80 per cent will be tougher, according to federal government research.

Page 3: Papua New Guinea’s telecommunications minister, Timothy Masiu, has warned that the island nation must be involved in the potential sale of its largest mobile phone network operator to Telstra and the Australian government, after he temporarily delayed the approval of two key licence renewals for Digicel Pacific.

The Morrison government has been handed a road map to recovery for the $40 billion international student sector that would prioritise students from low-risk countries, simplify the visa process and waive visa fees, offer regulatory relief for some providers and a marketing campaign to reassure students they are still welcome.

Page 9: Australian women’s domination of Olympics swimming has helped Seven to a similar position in commercial free-to-air television, grabbing an audience share of 59.8 per cent for the first week of the Tokyo Games.

Page 13: The rapid spread of the highly virulent COVID-19 delta variant threatens to knock global shares from their record highs and dull the vim from a bumper period of earnings in the United States and Australia.

Page 15: Ethical PartnersNathan Parkin is calling for director and management pay to be linked more closely to environmental, social and governance targets, after the fund’s analysis of the top 200 companies revealed that only 20 per cent have meaningful ESG metrics in remuneration targets outside of safety and governance.

Page 19: Japanese trading giant Mitsubishi has become the latest overseas major to snare a stake in an Australian carbon farming business, acquiring 40 per cent in Australian Integrated Carbon and gaining access to a generator of quality carbon credits.

 

 

The Australian

Page 1: Defence Minister Peter Dutton has flagged the participation of India in Australia’s biggest wargames with the US, saying he’d like to see the nation’s Quad partner at Exercise Talisman Sabre in two years’ time.

Page 2: Rio Tinto could owe as much as $400m to the traditional owners of a major Pilbara iron ore mine, with the company accused of decades of underpayments to a native title group representing remote Pilbara communities even as it declares record $14bn in iron ore profits.

Page 3: Australia could reap a $224bn dividend by fast-tracking investments in digital transformation – and grow the economy by 1.3 per cent, more than six times the benefit of the Olympic Dam Expansion, new analysis from IBRS and Insight Economics says.

Page 7: The Australian Electoral Commission is facing a logistical nightmare ahead of the country’s first pandemic federal election, with new Covid-19 protocols set to delay counting of votes and dramatically increase costs.
Page 17: The emergence of the Delta variant of Covid-19, which has triggered a string of state-based lockdowns, threatens to sap confidence and derail the nation’s infrastructure and construction boom.

Page 18: Labor senator Deb O‘Neill has launched a salvo at investment bank Macquarie Group and the corporate regulator over the destruction of shareholder capital following savage profit warnings from Macquarie-backed tech darling Nuix.

Page 19: The ABC’s social media code has been labelled “not only woefully inadequate but broken” after one of its key radio broadcasters took to Twitter on the weekend to criticise the federal government.

A world-leading digital news academy is being established to help journalists bolster their stories in an extremely competitive online market.

 

 

The West Australian

Page 3: Australians with chronic health conditions will save thousands of dollars a year with the addition of three medications to the Pharmaceutical Benefits Scheme.

Page 4: With a record-breaking blitz befitting of the world’s new swimming queen, Emma McKeon yesterday anchored Australia’s biggest-ever medal splash at an Olympic Games.

Page 10: Contingency plans are again being put in place for Year 12s to sit their final exams at alternative venues if a COVID-19 outbreak leads to school closures in WA.

Sky News Australia says it “expressly rejects” that any of its hosts ever denied the existence of COVID-19, after it was stopped from uploading content to YouTube for seven days.

Page 14: Returning to the family nest may be a daunting prospect for some, but a growing number of people in Perth are opting to house children, parents and grandchildren all under the same roof.

Page 15: WA’s public hospitals are failing to meet the Government’s own targets to treat emergency patients within four hours, with the State’s monthly average slipping to its worst level for at least a year.

Business: Successful WA resources insurance broker Eddy Pope is facing a legal showdown with a global group that paid upwards of $90 million for his former venture CKA Risk Solutions.

Nickel is enjoying a renewed interest and long overdue upgrades to its infrastructures thanks to its usefulness as low-cost, high-efficiency component of the lithium ion batteries.

Rare earths hopeful Hastings Technology Metals has chosen coastal Onslow for a plant to process concentrate from its remote Yangibana operations.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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