24/08/2021 - 06:57

Morning Headlines

24/08/2021 - 06:57

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WA’s economy expanding

The WA economy will this year grow at its fastest rate in almost a decade, according to the Chamber of Commerce and Industry WA’s latest biannual outlook. The West

Jab for 1.2m kids by end of year

Australia’s 1.2 million children aged between 12 and 15 should be vaccinated by the end of the year after Scott Morrison said the plan was to immunise them against the coronavirus “in parallel” with the adult population. The Fin

ASX censured over outage

The ASX says it will respond to all recommendations of an independent report that identified shortcomings concerning its November trading outage that left billions of transactions in limbo. The West

Toll drivers to strike as deliveries soar

Up to 7000 truckies and warehouse workers at Toll Transport will strike across the country on Friday, disrupting parcels and grocery orders at the height of the pandemic in a bid to stop Amazon’s Uber-like delivery service undermining conditions. The Fin

Pfizer, Moderna shots to be rolled out as boosters next year

Australia will more than double its stocks of Pfizer’s COVID-19 vaccine as part of a growing arsenal of booster shots, set to be administered next year and in 2023. The Fin

Local tech bosses reject ‘back to office’ push

Australian tech bosses have rejected the growing push from some US giants to get their workers back into their head offices as soon as lockdowns finish, saying hybrid work forces and flexible arrangements will continue to be the norm. The Fin

$1bn-$1.2bn in the air for TPG telco towers

TPG Telecom could achieve a price of between $1bn and $1.2bn for its telecommunication towers, according to analysts at Credit Suisse and JPMorgan. The Aus

Mincor rallies on fresh hits

Shares in Mincor Resources yesterday rallied as the emerging nickel producer revealed its most promising hits yet at a patch of previously untested ground between its two historic nickel mines. The West

Azure up on Andover find

Shares in Azure Minerals surged after the company intersected more nickel and copper sulphides at its Andover joint venture project near Roebourne. The West

 

 

The Australian Financial Review

Page 1: Australia’s 1.2 million children aged between 12 and 15 should be vaccinated by the end of the year after Scott Morrison said the plan was to immunise them against the coronavirus “in parallel” with the adult population.

Business leaders have backed calls by the Prime Minister and NSW Premier for state leaders to move on from an obsession with daily COVID-19 case numbers and, once vaccination targets are hit, to stick to the plan of reopening their borders and economies.

Page 3: Up to 7000 truckies and warehouse workers at Toll Transport will strike across the country on Friday, disrupting parcels and grocery orders at the height of the pandemic in a bid to stop Amazon’s Uber-like delivery service undermining conditions.

Page 8: Australia will more than double its stocks of Pfizer’s COVID-19 vaccine as part of a growing arsenal of booster shots, set to be administered next year and in 2023.

Page 9: Less than 24 hours after being anointed leader of the United Australia Party, Craig Kelly’s authority has been undermined by founder Clive Palmer after the Queensland billionaire insisted the maverick MP did not have sole authority over policies.

Childcare centres must waive gap fees for absent children and keep existing staff employed to be eligible for an emergency support package announced by the federal government yesterday.

Page 12: A $NZ2 billion ($1.91 billion) takeover offer by Ampol for Kiwi petrol and diesel retailer Z Energy has left some investors unconvinced they will benefit from the deal, after the offer price was raised three times amid the possibility rival suitors may still be sniffing around.

Page 14: ExxonMobil has advised of movement in the stalemate with Papua New Guinea over the development of a major natural gas field in further evidence of a thawing in the investment climate for resources development under James Marape’s government.

Page 15: NIB Holdings chief executive Mark Fitzgibbon has batted away concerns about earnings bouncing around during the COVID-19 pandemic as he continues to focus the company on a revolution in data-led personalised health and genetic group-based cohort care.

Page 16: Sonic Healthcare boss Colin Goldschmidt says rapid antigen COVID-19 testing will never replace PCR tests, which he expects will remain highly elevated as the delta strain surges across nations.

Page 17: Michael Hill chief executive Daniel Bracken is optimistic about Christmas even though forced store closures have wiped at least $5 million from earnings in recent weeks and could cost more if lockdowns persist until October.

Page 19: Australian tech bosses have rejected the growing push from some US giants to get their workers back into their head offices as soon as lockdowns finish, saying hybrid work forces and flexible arrangements will continue to be the norm.

 

 

The Australian

Page 1: Low vaccination rates in Queensland and Western Australia threaten to delay the easing of Covid-19 restrictions and lockdowns as Scott Morrison says Australia must adjust its mindset to living with the virus.

Page 2: Scott Morrison has vowed to keep up the “urgent and dangerous mission” to get Australians and those with Australian links out of Afghanistan for as long as possible, amid Taliban warnings the international evacuation effort won’t be extended beyond August 31.

Page 4: Australia faces more than 25,000 Covid-19 deaths and hundreds of thousands of long coronavirus cases if Scott Morrison sticks with his plan to open the nation with an 80 per cent vaccination rate, a cross-university group of academics claims.

Page 5: Two-thirds of Westmead Hospital’s intensive care beds are taken up by Covid-19 patients, forcing the hospital to begin sending patients to other hospitals around NSW to free up space.

Page 9: The ABC’s independent complaints department is a “total failure” and “broken” after it was revealed Four Corners executive producer Sally Neighbour investigated and cleared high-profile reporter Louise Milligan following a complaint made about her to the disputes body.

Page 15: Fuel retailer Ampol has described rolling lockdowns as unsustainable and urged states to start opening up once Covid vaccination levels hit 70 per cent.

A senior bank working group is holding preliminary talks to understand and gauge views about mandating Covid-19 vaccines for branch staff, and whether it presents a feasible option.

Page 16: TPG Telecom could achieve a price of between $1bn and $1.2bn for its telecommunication towers, according to analysts at Credit Suisse and JPMorgan.

Page 17: Huon Salmon has dismissed calls from its new major shareholder Andrew Forrest for better animal welfare and barbs at the company’s suitor, Brazilian meatpacker JBS, as “noise”.

Page 18: The world’s biggest fund manager BlackRock expects to “scale up” its investment in Australia’s electric vehicles market to several hundred million dollars after an initial $100m-plus equity and loan deal with Sydney start-up Jolt Charge.

 

 

The West Australian

Page 3: Sugars in breastmilk kill bacteria that are resistant to antibiotics, scientists found.

Page 4: The WA economy will this year grow at its fastest rate in almost a decade, according to the Chamber of Commerce and Industry WA’s latest biannual outlook.

Scott Morrison says Australians “can’t stay in the cave forever” and when vaccination targets are reached WA will have to live with the virus by putting in restrictions — warning they should be in place now.

Page 8: Colin Barnett fears WA is on the verge of a “major political crisis” after an extraordinary cache of WhatsApp messages dating back five years exposed the influence wielded by Liberal Party powerbrokers.

WA Liberal Party president Fay Duda intends to nominate for a fourth year in the role, just days after she was revealed as a member of “The Clan”.

Business: Bitcoin topped $US50,000 ($69,700) for the first time since May as crypto prices continued their recovery from a disorderly rout just three months ago.

The ASX says it will respond to all recommendations of an independent report that identified shortcomings concerning its November trading outage that left billions of transactions in limbo.

Leading creative campaigns for Google, Apple and Nike is all in a day’s work for Perth-born art director Adam Ridgeway — but building a client base of the world’s biggest brands is no small feat.

Shares in Mincor Resources yesterday rallied as the emerging nickel producer revealed its most promising hits yet at a patch of previously untested ground between its two historic nickel mines.

Shares in Azure Minerals surged after the company intersected more nickel and copper sulphides at its Andover joint venture project near Roebourne.

Two prominent Perth businessmen leading a new South Australia-focused exploration float hope to drill their first holes before Christmas, pending a successful capital raising.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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