WA iron ore workers brace for bad news
Rio Tinto is expected to announce more job cuts in its iron ore division as early as this week as part of a company-wide program to remove $5 billion in costs by the end of next year. The Fin
Men in revolt against Gillard
Julia Gillard's reigniting of the gender wars has imploded with male voters abandoning Labor, causing a crash in overall support for both the government and the Prime Minister's personal standing. The Fin
Gonski at risk: PM tells Rudd backers
Julia Gillard’s Gonski education reforms have emerged as the latest flashpoint in the Labor leadership row, with the Prime Minister’s supporters arguing that Kevin Rudd would dump the plan. The Aus
Barnett coy on China help
Premier Colin Barnett has stopped short of giving further concessions to China to win its backing for the collapsed $6 billion Oakajee port project, underlining the difficulty he faces in reviving the development this decade. The West
Rio pulls back from diamond asset sale
Rio Tinto chief executive Sam Walsh has dampened prospects that the mining giant is ready to sell its $US2 billion-plus diamond business as part of plans to rid the company of more than $US13 billion ($13.7bn) in underperforming and non-strategic assets. The Aus
Top Resources Headlines
WA iron ore workers brace for bad news
Rio Tinto is expected to announce more job cuts in its iron ore division as early as this week as part of a company-wide program to remove $5 billion in costs by the end of next year. The Fin
Barnett coy on China help
Premier Colin Barnett has stopped short of giving further concessions to China to win its backing for the collapsed $6 billion Oakajee port project, underlining the difficulty he faces in reviving the development this decade. The West
Rio pulls back from diamond asset sale
Rio Tinto chief executive Sam Walsh has dampened prospects that the mining giant is ready to sell its $US2 billion-plus diamond business as part of plans to rid the company of more than $US13 billion ($13.7bn) in underperforming and non-strategic assets. The Aus
Labor may toughen rules on gas projects
The Gillard government is considering imposing tougher federal environmental rules over national parks and over shale gas and coal-seam gas projects. The Fin
Top Politics Headllines
Men in revolt against Gillard
Julia Gillard's reigniting of the gender wars has imploded with male voters abandoning Labor, causing a crash in overall support for both the government and the Prime Minister's personal standing. The Fin
Gonski at risk: PM tells Rudd backers
Julia Gillard’s Gonski education reforms have emerged as the latest flashpoint in the Labor leadership row, with the Prime Minister’s supporters arguing that Kevin Rudd would dump the plan. The Aus
Shock Haase move leaves seat battle wide open
The shock retirement at the 11th hour of sitting Federal Liberal member for Durack Barry Haase has rocketed Geraldton-based Nationals candidate Shane Van Styne from nowhere to the ranks of a “possible chance” in his first tilt at federal politics. The West
Private eye hunts DEC leaker
The Barnett government is spending $5,300 on a private investigator to weed out the source of a departmental leak that embarrassed a minister during the March election campaign. The West
Top Property Headlines
WA tops rural land sales
Chinese investors, corporate and local farmers and city-slickers have spent $757 million buying rural properties of 40 hectares or more during the first quarter of this year, with $350 million coming in WA. The Fin
Beware of NW rent bubble: investor
One of Queensland's richest men, Kevin Young, has warned mum and dad investors not to trust “property spruikers” promoting unrealistic returns on Pilbara housing after the number of properties advertised for rent in Port Hedland topped 200. The West
The West Australian
Page 1: Julia Gillard's tenuous hold on the prime ministership faces its toughest test amid disastrous opinion polls, a resurgent Kevin Rudd and a battle to win support for her signature education reforms.
Page 4: The shock retirement at the 11th hour of sitting Federal Liberal member for Durack Barry Haase has rocketed Geraldton-based Nationals candidate Shane Van Styne from nowhere to the ranks of a “possible chance” in his first tilt at federal politics.
Page 4: The Barnett government is spending $5,300 on a private investigator to weed out the source of a departmental leak that embarrassed a minister during the March election campaign.
Page 6: The Wheatbelt could be consigned to permanent drought, putting jobs and communities at risk, unless greenhouse gas emissions are slashed quickly, a new report has found.
Nationals candidate David Wirrpanda said yesterday he would sit inside Tony Abbott's joint party room if he and the coalition prevailed in September – but vowed to vote against policies he did not agree with.
Page 7: The WA community has reacted angrily to an article by Princess Margaret Hospital Foundation chairman Ian Campbell, in which he said the claims the hospital was understaffed, overworked and short of money were “inaccurate and insulting”.
Page 14: One of Queensland's richest men, Kevin Young, has warned mum and dad investors not to trust “property spruikers” promoting unrealistic returns on Pilbara housing after the number of properties advertised for rent in Port Hedland topped 200.
Business: Premier Colin Barnett has stopped short of giving further concessions to China to win its backing for the collapsed $6 billion Oakajee port project, underlining the difficulty he faces in reviving the development this decade.
Amid plenty of doom and gloom in the resources sector, heavy engineering and construction services provider Civmec is powering ahead on the back of WA's massive LNG expansion.
Two farmers hailed as heroes in the fight to save communities in the eastern Wheatbelt are in Canberra to back legislation seeking a radical banking solution to Australia's rural debt crisis.
Gold producers in Austrlaia may focus on higher grades of ore as a result of the fall in price of the precious metal, gold commentator Sandra Close says.
The Australian Financial Review
Page 1: Julia Gillard's reigniting of the gender wards has imploded with male voters abandoning Labor, causing a crash in overall support for both the government and the Prime Minister's personal standing.
The Gillard government is considering imposing tougher federal environmental rules over national parks and over shale gas and coal-seam gas projects.
Page 5: Malcolm Turnbull remains vastly more popular than Tony Abbott, when voters are asked who they would like to lead the federal Liberal Party.
Page 8: The largest retailers have put aside competitive differences in a last-ditch bid to impose the GST on online imports, thwart calls to strengthen competition laws and boost labour productivity.
CSL chief Brian McNamee believes Australia should migrate to high-end manufacturing as it grapples with a fading mining boom, saying higher education must be a priority.
Page 10: The looming east coast gas shortage could send industrial users out of business and spike household bills unless access to coal seam gas is freed up, the Grattan Institute has advised.
Page 13: The fund manager who blew the whistle on Newcrest Mining briefing analysts ahead of unveiling massive writedowns and cuts to production guidance has offered to assist an investigation into the matter by the corporate regulator.
Page 15: Rio Tinto is expected to announce more job cuts in its iron ore division as early as this week as part of a company-wide program to remove $5 billion in costs by the end of next year.
Page 17: The federal police media made a “critical decision” not to investigate criminal allegations that Australians working for BHP Billiton had bribed officials in Cambodia, China and Western Australia, and instead handball the case to the corporate regulator, which also ran no probe.
Plans by Japan's INPEX Corporation to split its stock has triggered speculation that the company may be preparing to raise more equity, possibly driven by inflationary pressures at its $US34 billion Ichthys liquefied natural gas project and other ventures.
Page 41: Chinese investors, corporate and local farmers and city-slickers have spent $757 million buying rural properties of 40 hectares or more during the first quarter of this year, with $350 million coming in WA.
The Australian
Page 1: Julia Gillard’s Gonski education reforms have emerged as the latest flashpoint in the Labor leadership row, with the Prime Minister’s supporters arguing that Kevin Rudd would dump the plan.
Clive Palmer has told his closest advisers and a major Chinese company that he will have to axe about 1000 Australian jobs from his businesses unless he receives a massive cash injection.
Page 2: The High Court will for the first time hear a challenge to the validity of federal mandatory sentencing laws for people smugglers, with a young Indonesian man appealing the severity of his five-year sentence.
When the World Heritage Committee meets in Cambodia this week it will receive conflicting signals on how seriously Australia takes its global responsibility to safeguard the Great Barrier Reef.
Page 4: Hostility from three states over the control of schools is thwarting the Gillard government’s ambitions for seamless national education reform.
The Gillard government has ignored an offer from an NGO to fund the running costs of dialysis services in a remote Aboriginal community in return for a $200,000 one-off infrastructure grant.
Page 5: An early election triggered by the return of Kevin Rudd as prime minister would spell the end of the local government referendum and open up the government to a potential High Court challenge.
Greens leader Christine Milne and deputy Liberal leader Julie Bishop have warned against Julia Gillard’s revival of gender politics, calling it an unfair attempt to silence legitimate criticism of her government.
Outgoing Liberal MP Barry Haase has sent a message to voters in his massive West Australian electorate of Durack not to repeat the ‘‘failed experiment’’ in neighbouring O’Connor where the Nationals Tony Crook was elected in 2010 and initially sat on the crossbenches.
Dumped Perth shock jock Howard Sattler believes he was sacked due to his Parkinson’s disease, not his controversial comments about Julia Gillard.
Page 6: Labor risks a new brawl with state governments and the resource industry over billions of dollars of investment as Julia Gillard and her allies consider legislating dramatic new powers to veto major projects.
Households will pay half a billion dollars more for domestic gas by the decade’s end, with wholesale prices forecast to spike 80 per cent in eastern states as the start of exports from new gas hubs in Gladstone drives up prices.
Business: Supermarket giants Woolworths and Coles are setting up a dispute resolution body with the Australian Food and Grocery Council in a move that will allow them to avoid attracting regulatory and political attention.
The banking industry’s latest rate-rigging scandal should prompt a Coalition government to include the industry’s cultural challenges in its promised financial system inquiry, a prominent member of the Australian Securities & Investments Commission’s external advisory panel has said.
Woolworths chief executive Grant O’Brien has revealed the supermarket giant’s major shareholders remain sceptical about any ambitions to expand overseas, despite the opportunities in fast-growing economies such as China.
Rio Tinto chief executive Sam Walsh has dampened prospects that the mining giant is ready to sell its $US2 billion-plus diamond business as part of plans to rid the company of more than $US13 billion ($13.7bn) in under-performing and non-strategic assets.
Gold prices and gold equity values have plunged but production by the local industry is weathering the storm, so far at least.
Amid the increasingly tangled stand-off between Fortescue Metals Group and a clutch of iron ore juniors hoping to access the company’s Pilbara iron ore infrastructure, BC Iron managing director Morgan Ball can offer some insight into the results that can come from a slightly less combative approach.
The Sydney Morning Herald
Page 1: Julia Gillard's controversial attempt to rescue Labor by claiming Tony Abbott would marginalise women and change abortion rights has backfired, with support among male voters collapsing.
Page 2: Recurrent government funding is ending and commercial activity in Centennial Parklands will increase, as a 25-year plan is announced, featuring the addition of a shared cycle and pedestrian path along Oxford St, a 2000-space carpark under Moore Park and a $500,000 privately funded sandstone labyrinth.
Page 3: James Packer's proposed hotel and casino at Barangaroo would ultimately see NSW stripped of $14 million in gambling taxes each year, an analysis disputing key claims about the benefits of the project says.
World: Iranians took a giant stride towards ending their country's isolation by voting overwhelmingly at weekend presidential elections for a moderate reformer who promised a clean break from policies that put Iran on a collision course with the West.
Business: Federal police made a "critical decision" not to investigate criminal allegations that Australians working for BHP Billiton had bribed officials in Cambodia, China, and Western Australia, and instead handball the case to the corporate regulator, which also ran no inquiry.
Sport: NSW coach Laurie Daley has declared that the prospect of Queensland retribution for Paul Gallen's fight with Nate Myles in State of Origin I was "not on our agenda" ahead of Wednesday week's second match of the series.
The Daily Telegraph
Page 1: Kevin Rudd has warned that unless Bill Shorten and key cabinet ministers Penny Wong, Greg Combet and Jenny Macklin support a move against Julia Gillard, he will resist any calls for a comeback.
Page 2: It will be into a third term of coalition government in NSW before the landmark transport project it announced at the 2011 state election - the North West Rail Link - will be completed.
Page 3: About 40,000 Australians face big tax debts because they haven't told insurers that they are no longer eligible for the government rebate - and they will be hit with a 42 per cent premium surge when they do stop claiming the offset.
Page 3: Images of celebrity chef Nigella Lawson being choked by multi-millionaire husband Charles Saatchi amid shocked diners at a London restaurant sparked global outrage.
World: The Duke of Edinburgh was absent at the Queen's official birthday celebrations, only the third time he has missed the festivities.
World: Newly elected Iranian president Hasan Rowhani called for "rationality and moderation" after he won more than 50 per cent of the vote in the country's weekend election.
Sport: Three years of Holger Osieck's leadership of the Socceroos will be distilled into 90 minutes on Tuesday night, with the World Cup in sight as Australia needs one final win over Iraq to be sure of a place in Brazil next year.