24/09/2021 - 06:48

Morning Headlines

24/09/2021 - 06:48

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WA builders push back on mandatory jabs amid Melbourne riots

WA’s building and construction industry is urging Mark McGowan not to make the COVID-19 vaccine compulsory for its massive workforce. The West

Home values up $1trn in six months

Property owners experienced the fastest growth to their personal wealth in more than a decade, with rocketing house prices adding $1 trillion to household balance sheets over the first half of the year. The Fin

Union slams record after tragic death of scaffolder

Mines inspectors have slapped more than 60 breach notices since 2015 on the Pilbara iron ore operation where Eugene Tata fell to his death on Friday — a record slammed by mining unions as completely unacceptable. The West

Hopes PM’s India talks will lead to mining boost

Australia’s peak resources chief has encouraged Scott Morrison to push forward talks on a free trade agreement with India when he meets that nation’s Prime Minister in Washington DC today. The West

Businesses demand details as 2m workers face mandatory jabs

More than 2 million workers may soon be required to get a COVID-19 jab under government-led mandates as the reopening of locked-down cities places new burdens on business. The Fin

BGC revisits its plan to sell

The board of BGC is preparing to revisit a sale of the family-owned home construction and building products empire, with rival brick maker Brickworks suggesting it could be a bidder for parts of the group. The West

FedEx walkout follows strikes at StarTrack          

Thousands of FedEx workers are set to strike across the country next week, disrupting online delivery orders already delayed by StarTrack drivers walking off the job. The Fin

Malls should insist on no jab, no entry: Lew

Billionaire retailer Solomon Lew, one of the big beneficiaries of the COVID-19 pandemic, has called for compulsory vaccinations and temperature checks for people entering shopping centres. The Fin

Australia joins push to back Taiwan trade pact

The Australian government is working behind the scenes with Japan, Canada and others on a path for Taiwan to enter the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The Aus

French ‘overplayed their hand’ on subs, suppliers say   

The French “overplayed their hand” in sending high value submarine work back to France, former South Australian defence industries minister Martin Hamilton-Smith says, while one fedup tech company boss said he’d be glad to help Naval Group back their bags. The Aus

 

 

The Australian Financial Review

Page 1: Treasurer Josh Frydenberg has thrown his weight behind the adoption of net zero emissions by 2050, warning that unless Australia moves, sanctions by capital markets will increase borrowing costs, affecting everything from home and business loans to major infrastructure investments.

Page 3: Property owners experienced the fastest growth to their personal wealth in more than a decade, with rocketing house prices adding $1 trillion to household balance sheets over the first half of the year.

Page 6: NSW could ease self-isolation and shutdown requirements for COVID-19 close contacts and venues visited by infected people as the state’s vaccination rate picks up.

Page 8: More than 2 million workers may soon be required to get a COVID-19 jab under government-led mandates as the reopening of locked-down cities places new burdens on business.

Page 9: Thousands of FedEx workers are set to strike across the country next week, disrupting online delivery orders already delayed by StarTrack drivers walking off the job.

Page 13: India and Australia are expected to create a formal energy technology partnership following the first in-person bilateral meeting between Narendra Modi and Scott Morrison since the pandemic outbreak.

Page 17: EnergyAustralia has committed to end coal power generation by 2040, underlining the accelerating shift away from coal as proposed reforms to the national electricity market needed to keep the lights on during the switch to clean electricity hang in the balance.

Page 19: Commonwealth Bank chief executive Matt Comyn and ANZ’s Shayne Elliott said the steep rise in property prices was problematic with both concentrating on the risk to future home buyers.

Page 22: Billionaire retailer Solomon Lew, one of the big beneficiaries of the COVID-19 pandemic, has called for compulsory vaccinations and temperature checks for people entering shopping centres.

Page 23: Listed investment house Washington H. Soul Pattinson is bullish on the future of TPG Telecom, despite the value of its holding in the telco falling more than 23 per cent in the last financial year as near-term headwinds bite.

 

 

The Australian

Page 1: Josh Frydenburg will warn that businesses, homeowners and governments could face higher borrowing costs if Australia is locked out of foreign capital markets because of “false” assumptions that the nation’s transition to a low-emissions future is moving too slowly.

The Australian government is working behind the scenes with Japan, Canada and others on a path for Taiwan to enter the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Page 15: The boss of the nation’s biggest brickmaker, Brickworks, has lamented the sudden shutdown of Victoria’s construction industry that has sparked violent protests across Melbourne, but believes once the economy is reopened there will be a strong rebound in building activity.

Page 16: The French “overplayed their hand” in sending high value submarine work back to France, former South Australian defence industries minister Martin Hamilton-Smith says, while one fedup tech company boss said he’d be glad to help Naval Group back their bags.

 

 

The West Australian

Page 1: WA’s building and construction industry is urging Mark McGowan not to make the COVID-19 vaccine compulsory for its massive workforce.

Page 10: Mines inspectors have slapped more than 60 breach notices since 2015 on the Pilbara iron ore operation where Eugene Tata fell to his death on Friday — a record slammed by mining unions as completely unacceptable.

Page 14: Australia’s peak resources chief has encouraged Scott Morrison to push forward talks on a free trade agreement with India when he meets that nation’s Prime Minister in Washington DC today.

Page 22: Almost 40 sexual harassment allegations have been made against public sector employees in the past 12 months — resulting in two resignations and one worker being sacked.

Business: The board of BGC is preparing to revisit a sale of the family-owned home construction and building products empire, with rival brick maker Brickworks suggesting it could be a bidder for parts of the group.

Fortescue Metals Group chairman Andrew Forrest says four senior appointments announced yesterday reflect the future of the company as it transitions to a green energy giant.

A bidding war for a small Canadian nickel miner continues as its biggest shareholder, WA magnate Andrew Forrest, took a formal step to increase ownership.

The East Kimberley’s sole iron ore mine has fallen victim to plunging prices, ending exports of the commodity from Wyndham Port and leaving more than 100 people out of work.

The Stan Perron Charitable Foundation has strengthened its board with a seasoned not-for-profit specialist as it reveals a significant increase in funding commitments for the past year to about $40 million.

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