19/08/2021 - 07:02

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19/08/2021 - 07:02

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Qantas leads split over no jab, no job

Qantas is leading a split in the Business Council of Australia by requiring its employees to get vaccinated against COVID-19 without the backing of government health orders for the aviation industry. The Fin

Nickel miner Western Areas in defence mode as suitor circles

Western Areas, which has been carrying on like a company in takeover defence mode for the past month, is understood to be in the crosshairs of a deep-pocketed suitor, with fingers pointing to the acquisitive IGO Ltd as the most likely candidate. The Fin

Morrison, Labor, laud BHP-Woodside deal

BHP and Woodside’s blockbuster oil and gas divestment has been endorsed by Scott Morrison as an example to the world of Australian companies finessing the low-carbon transition, even as a Greens senator warns shareholders are buying into worsening legislative and social-licence risk. The Fin

Deterra looks for low-emissions miners

Deterra Royalties says it is keen to find income streams other than BHP’s powerhouse iron ore division, but is in no rush to make decisions that will be influenced by climate considerations. The Fin

Suitors run eye over energy giant’s Pluto Train 2

Suitors are getting ready to lob bids for a $US3bn ($4.13bn) stake in Woodside Petroleum’s Pluto Train 2 development in Western Australia, and so far, lining up are believed to be Brookfield, Global Infrastructure Partners and CKI. The Aus

‘Warped lessons must be dumped’

Education Minister Alan Tudge says the board of the country’s schooling authority must substantially rewrite its draft national curriculum, warning he will not endorse the proposed document amid concern student outcomes would be harmed. The Aus

Analysts say BHP’s exit from dirty fossil fuels will require new-world commodities

The biggest changes to BHP’s business in 20 years flagged this week could be just the beginning of a broader transformation of the company as it adapts to thrive in a carbon-conscious world. The West

WA farmers eye quarantine hope in NT village

Hundreds of international grain workers could quarantine in the Northern Territory after the Federal Government stepped forward with a possible lastminute solution to the industry’s skilled labour crisis. The West

‘Get jab or don’t work’ warning

The Morrison government has written to every nursing home operator in Australia warning that it will not extend the September 17 deadline for all staff to be vaccinated, despite about 100,000 workers not yet having had a jab. The Aus

Midwives and nurses rally over understaffing at King Eddy’s

WA’s “crumbling” health system has pushed nurses and midwives to the edge, with as many as 200 taking to King Edward Memorial Hospital yesterday to demand vital staffing improvements. The West

 

 

The Australian Financial Review

Page 1: Qantas is leading a split in the Business Council of Australia by requiring its employees to get vaccinated against COVID-19 without the backing of government health orders for the aviation industry.

Page 2: Former prime minister John Howard has criticised President Joe Biden over the United States’ chaotic departure from Afghanistan that allowed the Taliban to overthrow the government, saying he did not believe it was necessary for all military personnel to be withdrawn.

Page 4: Scott Morrison has qualified his belief the nation will avoid a double-dip recession, saying the country’s economic fortunes hinge squarely on the success of the vaccine rollout.

Page 8: Tourism operators are predicted to lose up to $4 billion from the disrupted September school holidays, with fears some businesses won’t survive until Christmas.

A former executive at Crown Perth has described an incident when junket guests ‘‘all just simply walked out’’ of a high-roller room at the casino, leaving behind gambling chips worth millions of dollars.

Page 9: One of Australia’s largest money managers is warning that valuations in the booming green technology sector are becoming stretched, as investors shun fossil fuel companies for more environmentally friendly options.

Page 10: BHP and Woodside’s blockbuster oil and gas divestment has been endorsed by Scott Morrison as an example to the world of Australian companies finessing the low-carbon transition, even as a Greens senator warns shareholders are buying into worsening legislative and social-licence risk.

Page 12: China’s partial closure of a major container port and restrictions on air cargo flights are exacerbating existing supply chain bottlenecks, threatening the supply of timber, steel, retail goods and other goods into Australia.

Page 13: Australian investors wiped $10.7 billion off the value of BHP’s local shares yesterday in the belief a plan to unify its corporate structure in Australia favoured British investors, as the spectre of activist investor Elliott Management re-emerged.

CSL chief executive Paul Perreault says Australian governments should stop aiming for zero COVID-19 cases because that will never happen – unless the nation stays shut forever.

Page 14: Western Areas, which has been carrying on like a company in takeover defence mode for the past month, is understood to be in the crosshairs of a deep-pocketed suitor, with fingers pointing to the acquisitive IGO Ltd as the most likely candidate.

Page 15: Coles chief Steven Cain says 2022 will be another tale of two halves as Australia grapples with the fast-spreading delta outbreak until most of the adult population is vaccinated by Christmas.

Page 17: Super Retail Group plans to keep stock levels and liquidity high to deal with COVID-19 volatility, which chief executive Anthony Heraghty fears could last for years.

Page 19: Woodside Petroleum’s heightened climate risks, as a result of its proposed $41 billion merger with BHP Petroleum, is weighing on the minds of investors who are worried some funds may sell the stock.

Page 21: Deterra Royalties says it is keen to find income streams other than BHP’s powerhouse iron ore division, but is in no rush to make decisions that will be influenced by climate considerations.

 

 

The Australian

Page 1: Education Minister Alan Tudge says the board of the country’s schooling authority must substantially rewrite its draft national curriculum, warning he will not endorse the proposed document amid concern student outcomes would be harmed.

Page 2: New Covid-19 cases will surge across the nation when an 80 per cent fully vaccinated NSW exits lockdown in November, leading to an erratic economic revival that could extend into the coming federal election campaign.

Page 4: The Morrison government has written to every nursing home operator in Australia warning that it will not extend the September 17 deadline for all staff to be vaccinated, despite about 100,000 workers not yet having had a jab.

Page 14: Suitors are getting ready to lob bids for a $US3bn ($4.13bn) stake in Woodside Petroleum’s Pluto Train 2 development in Western Australia, and so far, lining up are believed to be Brookfield, Global Infrastructure Partners and CKI.

Page 15: Tabcorp’s lotteries division is heading for a $10bn demerger by mid-2022 after a huge record profit, but lockdown is costing the wagering giant at least $50m a month in lost revenue.

Coles chief executive Steven Cain believes the chain will better compete with arch rival Woolworths and the independents on a “level playing field” created by a stronger vaccine rollout as people feel comfortable visiting larger shopping centres, where many of its supermarkets are situated.

Page 16: OZ MineralsProminent Hill Mine will help underpin the company’s production for decades to come after it approved a $600m extension for the ageing copper mine as its profits surged on the back of copper’s run.

 

 

The West Australian

Page 1: Almost 200 Australians have landed on home soil for the first time in months after being rescued from COVID-ravaged Indonesia on a mercy repatriation flight.

WA has officially lodged its proposal to host the AFL premiership decider, including a grand final parade through Perth CBD.

Page 3: Attorney-General John Quigley has emphatically backed Neville Owen’s role as the lead of the Perth Casino Royal Commission — saying his qualifications are “impeccable”.

Page 4: WA is on the brink of banning all compassionate grounds travel from NSW after another horror spike in COVID infections brought the State to the precipice of reclassification as an “extreme risk” jurisdiction.

Page 5: Mark McGowan has all but conceded he does not intend to stick to the national vaccination roadmap.

Page 7: WA’s “crumbling” health system has pushed nurses and midwives to the edge, with as many as 200 taking to King Edward Memorial Hospital yesterday to demand vital staffing improvements.

Page 11: The long-forgotten IMAX building in Northbridge is heading into a new dimension with the opening of multivenue entertainment hub Planet Royale.

Business: The biggest changes to BHP’s business in 20 years flagged this week could be just the beginning of a broader transformation of the company as it adapts to thrive in a carbon-conscious world.

Hundreds of international grain workers could quarantine in the Northern Territory after the Federal Government stepped forward with a possible lastminute solution to the industry’s skilled labour crisis.

Coles is hoping Australia’s COVID-19 vaccination program and the longer term prospect of increased migration will pave the way to a more normal outlook for the grocery giant from early next year.

Demand for flu and COVID-19 vaccines helped CSL raise full-year profit by 10 per cent, but the medicines provider is forecasting a leaner year ahead.

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