16/09/2021 - 07:05

Morning Headlines

16/09/2021 - 07:05

Bookmark

Save articles for future reference.

Explorers poised for ‘elongated boom’

A record flood of funding support for Australia’s mineral and petroleum explorers has started to translate into action on the ground, and advisory firm BDO says the high-risk sector will enjoy an ‘‘elongated commodities boom’’. The Fin

Rio Tinto on the road to zero-emission trucks

A new generation of autonomous haul trucks boasting zero-emission technology will be put to work at Rio Tinto’s new Gudai-Darri mine in WA in coming years. The Aus

Downer says new staff must be vaccinated

Downer EDI will require all new employees to be vaccinated against COVID-19 in response to growing client demand and as more employers seek to mandate the jab. The Fin

Strike Energy targets green hydrogen

Aspiring Perth Basin gas play Strike Energy has struck draft agreements with energy supplier ATCO and Infinite Blue Energy as it eyes the use of green hydrogen as a feedstock at its proposed $2.3 billion urea project near Geraldton. The West

Country MPs lose in Legislative Council revolution

WA’s Upper House will be completely overhauled to introduce one vote, one value in the biggest ever reform to how the State’s politicians are elected. The West

ME Bank on 44 charges

The corporate watchdog has hit Members Equity Bank with 44 criminal charges over allegedly false and misleading information about home loan rates and repayments. The West

Urgent plea for 600 GF workers

The last 10,250 tickets to the AFL grand final go on sale today, but there’s one way to guarantee entry to the premiership decider — by filling one of 600 Optus Stadium shift vacancies. The West

Perth-born couple to give away ‘vast majority’ of wealth

The Perth-born couple behind runaway designs platform Canva will distribute $10 million to some of the world’s poorest families as the first step in a plan to give away one of the country’s biggest fortunes. The West

WA firms in top 100 list

WA’s top companies have been named in a new list outlining the enterprises that offer the best returns on shareholder funds. The West

 

 

The Australian Financial Review

Page 1: Sydney-based Canva has hit a $US40 billion ($55 billion) valuation, more than Telstra and on par with iron ore giant Fortescue Metals Group, after the graphic design platform announced a $US200 million raising from investors.

The general in charge of Australia’s vaccine rollout says there is no guarantee the nation will hit the 80 per cent adult vaccination rate this year and has not ruled out the use of incentives should a final push be required.

Page 3: The US audit watchdog has fined KPMG Australia $US450,000 ($615,000) over ‘‘widespread’’ cheating on tests designed to ensure partners and staff act with integrity and have the relevant skills for their work.

Page 4: NSW Premier Gladys Berejiklian has warned unvaccinated people that they will be excluded from hospitality venues from next month as concerns mount that the state’s vaccine rollout is slowing.

Page 5: Downer EDI will require all new employees to be vaccinated against COVID-19 in response to growing client demand and as more employers seek to mandate the jab.

Page 6: Employers should let staff work remotely even after the pandemic is over because the shift has the potential to increase productivity, according to advice provided to the federal government.

Page 8: An independent review of the Reserve Bank of Australia should look at its governing structure and board composition, as well as its approach to and transparency around setting monetary policy, say economists.

Page 10: A slew of Australia’s biggest insurers have told the Federal Court that businesses disrupted by COVID-19 do not qualify for billions of dollars in compensation because their losses are not sufficiently linked to virus ‘‘outbreaks’’ or government restrictions.

Page 11: China says the Quadrilateral Security Dialogue is ‘‘doomed to fail’’ in its latest broadside against the grouping that has brought together Australia, the US, Japan and India in response to Beijing’s assertiveness.

Page 14: A record flood of funding support for Australia’s mineral and petroleum explorers has started to translate into action on the ground, and advisory firm BDO says the high-risk sector will enjoy an ‘‘elongated commodities boom’’.

Page 18: BHP says it erred by building shafts that were bigger than required for its first potash mine, but it has told investors the consolation will be much cheaper expansions of its Canadian mine in future decades.

Chevron has unveiled plans to become a major player in carbon offsets and trading, but chief executive Mike Wirth says growth in the voluntary market for carbon-neutral fuels will be stunted unless consumers are willing to pay higher prices.

 

 

The Australian

Page 1: Facebook has known the harmful effects of its Instagram platform on the mental health of teenage girls for at least two years, conducting research on the topic even as it downplayed the impact.

Page 2: The US has isolated Australia over climate change by siding with European nations and Canada in seeking to end rich country support for coal-fired power stations, putting pressure on Australia to do more to cut carbon dioxide emissions in the lead-up to the UN climate change conference in November.

Page 7: Almost 1500 Australian organisations - including government, schools, healthcare providers, law firms and domestic violence support centres - are at risk of having confidential data stolen or held to ransom by cyber criminals after failing to perform critical security updates.

Page 15: Fintech companies are urging the government to take action over the crippling skills shortage sparked by the borders closing 18 months ago, warning that Australia is at risk of falling behind its global peers if nothing is done to boost migration.

A New Delhi-based battery storage firm which purports to be a customer of Magnis Energy’s American subsidiaries – using technology from Imperium3 and Charge CCCV for electric vehicle recharge stations – has assets of less than $2000, according to the company’s filings with the Indian corporate regulator.

Page 16: Dutch multinational oil and gas company Shell is believed to be lining up in the contest for Meridian Energy’s $1bn Australian renewable energy business, taking on competitors such as Ampol, Telstra, Engie and Origin Energy.

Page 18: A new generation of autonomous haul trucks boasting zero-emission technology will be put to work at Rio Tinto’s new Gudai-Darri mine in WA in coming years.

 

 

The West Australian

Page 3: Christian Porter’s political future was in doubt last night, with Scott Morrison launching an investigation into whether his acceptance of funds from a blind trust to pay his legal fees breaches ministerial standards.

Page 4: WA’s Upper House will be completely overhauled to introduce one vote, one value in the biggest ever reform to how the State’s politicians are elected.

The City of Wanneroo council has dismissed two bullying complaints against mayor Tracey Roberts but hasn’t publicly released the findings of a report by private investigators.

Page 7: More than half of West Australians want Mark McGowan to wait until the State’s COVID-19 vaccination rate is at least 85 per cent before opening the border to the rest of the country.

Page 8: The last 10,250 tickets to the AFL grand final go on sale today, but there’s one way to guarantee entry to the premiership decider — by filling one of 600 Optus Stadium shift vacancies.

Page 19: The second day of a landmark parliamentary inquiry into sexual harassment within the WA resources sector has heard “confronting” stories from fly-in, fly-out victims.

Business: The Perth-born couple behind runaway designs platform Canva will distribute $10 million to some of the world’s poorest families as the first step in a plan to give away one of the country’s biggest fortunes.

WA’s top companies have been named in a new list outlining the enterprises that offer the best returns on shareholder funds.

An environmental challenge to Woodside Petroleum’s $16 billion Scarborough gas project will be heard a few days before Christmas.

The corporate watchdog has hit Members Equity Bank with 44 criminal charges over allegedly false and misleading information about home loan rates and repayments.

Aspiring Perth Basin gas play Strike Energy has struck draft agreements with energy supplier ATCO and Infinite Blue Energy as it eyes the use of green hydrogen as a feedstock at its proposed $2.3 billion urea project near Geraldton.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options