17/08/2021 - 06:57

Morning Headlines

17/08/2021 - 06:57


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The Australian Financial Review

Faith in the ability of government to handle the COVID-19 outbreak has deteriorated sharply, with the Morrison government as well as the NSW and Queensland state governments falling fastest.

Governments are deploying an unprecedented amount of fiscal support to rebuild their economies, but only 2 per cent of it is spent on clean energy.

Brian Gilbertson is expected to seek re-election as chairman of Jupiter Mines despite a fourth consecutive protest vote by shareholders forcing a board spill.

A union submission to a parliamentary inquiry says more must be done to protect women working in mining and to make sure sex harassment claims are dealt with properly.

Parents who take time off work to raise children would receive rebates on superannuation contributions tax, under a plan put to the federal government.



The Australian

A $40bn petroleum deal with BHP would fast-track Woodside Petroleum into a globally significant energy player but securing a deal still faces significant hurdles with a key shareholder vowing to vote against the all-share deal if it proceeds.

The Australian Chamber of Commerce and Industry’s new chief executive Andrew McKellar has warned that Australia is in danger of “resting on its laurels” in its handling of Covid, calling for better planning for government quarantine hotels, vaccine booster shots and other measures to “get ahead of the curve”.

JB Hi-Fi’s incoming chief executive Terry Smart is inheriting a business powered by a massive pandemic spending tailwind that appears to be running out of puff.

Kerry StokesSeven West Media has recorded an annual net profit of $318m after repairing its balance sheet from the pandemic, which saw advertising revenues severely hit.

Australian big four bank NAB has teamed with other banks globally including CIBC, NatWest and Itaú Unibanco – and cloud computing giant Amazon Web Services – to launch the Global Open Finance Challenge, an event NAB CEO Ross McEwan said will help develop new solutions for the banks and their customers.

Telstra will give its employees who get fully vaccinated the equivalent to a $200 voucher with chief executive Andy Penn urging his workers to receive the jab “as soon as they can”.

The steel industry’s Covid-recovery surge has fundamentally changed the sector, according to BlueScope Steel boss Mark Vassella, locking in stronger margins and dividends for years to come.



The West Australian

Australia’s longest “electric highway” will be fully operational in WA by 2024, with the location of 45 electric vehicle charging stations unveiled today.

Victims of a notorious WA investment collapse fear they will be left permanently out of pocket amid allegations the Federal Government is abandoning promises made in the wake of the banking Royal Commission.

Australia’s liquefied natural gas exports to North Asia have hit a record high, with almost half of it going to China, a new report shows.

Calidus Resources says it has begun mining at its $120 million Warrawoona gold project near Marble Bar with gold production scheduled in the June quarter of next year.

More homes could be bowled over to make way for a childcare centre with another proposal for a development in Kingsley.

Andrew Forrest has indicated he will not back down from the battle for Tasmanian salmon farmer Huon Aquaculture after Brazilian meat processing giant JBS turned up the heat on the billionaire businessman.

WA’s grain crop is almost certain to be a bin burster, with the forecast now sitting at just over 20 million tonnes and scope for further upside.

Westpac’s WA chairman John Langoulant has been appointed as the State’s London-based agent general.


* Digital editions of the three newspaper's were unavailable at time of publishing.


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