29/09/2021 - 06:55

Morning Headlines

29/09/2021 - 06:55

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PM to end money for lockdowns

The Morrison government will pressure the states and territories to stick with the national plan to reopen the economy by turning off emergency financial supports to each jurisdiction a fortnight after they reach an 80 per cent double-vaccination rate. The Fin

More than 240,000 vax slots sit empty

More than 240,000 COVID-19 vaccine appointments are currently available at GPs across WA, Australia’s biggest healthcare booking system has revealed, as authorities vent their frustration at “complacent” West Australians. The West

Socially responsible investing boom pushes APM towards bumper float

Perth-based APM is set to launch its $1 billion-plus sharemarket float within weeks, supported by rising global demand for socially responsible investment plays. The West

Retail sales fall as inflation worries grow

Retail sales recorded a third consecutive monthly fall in August to be down $1.9 billion on pre-delta lockdown levels, but while state orders to stay at home limit consumption, fears are growing global inflationary pressures could mean households pay more when they can get out and spend. The Fin

Consumers slugged for Google’s dominance

Google’s complete dominance of online advertising – where it has a 90 per cent share of the $3bn local market – is driving up prices for consumers and advertisers, according to a damning report from the competition regulator. The Aus

Lithium-sulphur tech player’s value triples on market debut

Shares in Li-S Energy exploded higher yesterday, tripling the battery tech company’s market value as investors clamoured for exposure to lithium-sulphur batteries in a race to offer a longer lasting and safer alternative to lithium-ion batteries. The Fin

Vaccinating children ‘to slash hospital rates’

High rates of vaccination among 12-15 year-olds is likely to slash the number of hospitalisations for Covid-19 by 20 per cent once the country starts opening up. The Aus

Demand high for fintech partners

Australia’s fintech sector is poised for big growth in coming years as businesses use the technology to reach new markets faster, according to a report by Creditor Watch. The West

CITI makes case for Sigma’s API play

Sigma Healthcare could yet overcome competition concerns to beat Wesfarmers to Australian Pharmaceutical Industries. The West

 

 

The Australian Financial Review

Page 1: The Morrison government will pressure the states and territories to stick with the national plan to reopen the economy by turning off emergency financial supports to each jurisdiction a fortnight after they reach an 80 per cent double-vaccination rate.

Page 3: Retail sales recorded a third consecutive monthly fall in August to be down $1.9 billion on pre-delta lockdown levels, but while state orders to stay at home limit consumption, fears are growing global inflationary pressures could mean households pay more when they can get out and spend.

Page 5: Australians testing themselves for COVID-19 will be required to report positive results to state and territory health authorities after at-home test kits were approved for use from November 1.

Page 9: Coles chief executive Steven Cain has warned of ‘‘difficult months ahead’’ as Australia’s second-largest food retailer juggles supply shortages and absenteeism in the run-up to Christmas.

Page 12: Global shoppers face possible shortages of smartphones and other goods before Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark.

Page 14: Woolworths is replacing a key measure of retail productivity with a reputation score in its formula for setting executive bonuses in a bid to rebuild trust, after its corporate reputation was buffeted by wage underpayments and abandoned plans to open a liquor mega-store in Darwin.

Page 15: NBN Co has outlined a lengthy path to privatisation in its pitch to US bond investors last night, in an effort to secure $US2 billion in capital.

Page 19: Shares in Li-S Energy exploded higher yesterday, tripling the battery tech company’s market value as investors clamoured for exposure to lithium-sulphur batteries in a race to offer a longer lasting and safer alternative to lithium-ion batteries.

 

 

The Australian

Page 1: Google’s complete dominance of online advertising – where it has a 90 per cent share of the $3bn local market – is driving up prices for consumers and advertisers, according to a damning report from the competition regulator.

Page 6: High rates of vaccination among 12-15 year-olds is likely to slash the number of hospitalisations for Covid-19 by 20 per cent once the country starts opening up.

Page 13: Nationals senator Matt Canavan says record coal prices will encourage Australian miners to kick-start the further expansion of the nation’s coal industry, particularly in Queensland’s thermal coal-rich Galilee basin.

Page 17: Facebook says it will suspend plans for a version of its Instagram app tailored to children, a concession after politicians and others voiced concerns about the photo-sharing platform’s effects on young people’s mental health.

Page 21: Almost two-thirds of Australian workers who would consider upgrading their skills believe that doing so in the next three years is vital to stay up to speed in their profession and remain employed.

 

 

The West Australian

Page 3: Nearly 1300 Australian Defence Force members have taken their own lives in the past 20 years at a shocking rate of more than five a month, a report has revealed.

Page 4: More than 240,000 COVID-19 vaccine appointments are currently available at GPs across WA, Australia’s biggest healthcare booking system has revealed, as authorities vent their frustration at “complacent” West Australians.

Page 7: WA is facing simultaneous COVID threats just days after hosting the AFL grand final — one from a plane and the other from a ship sailing towards Fremantle.

Page 8: A senior Morrison Government minister says Australia will take “serious policy decisions” to climate talks in Glasgow — despite Coalition infighting about emissions targets.

More than one in five home buyers are borrowing more than six times their income, prompting the Treasurer to consider stepping in to crack down on home loans.

Business: Perth-based APM is set to launch its $1 billion-plus sharemarket float within weeks, supported by rising global demand for socially responsible investment plays.

Eagle Mountain Mining has easily raised $16 million in a placement as it looks to expand the resource at its Oracle Ridge copper project in Arizona.

Sigma Healthcare could yet overcome competition concerns to beat Wesfarmers to Australian Pharmaceutical Industries.

Australia’s fintech sector is poised for big growth in coming years as businesses use the technology to reach new markets faster, according to a report by Creditor Watch.

BHP shareholders have been asked to vote down the Big Australian’s much-hyped climate action plan, with claims it is not aligned with the 2015 Paris Climate Accords.

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