11/10/2021 - 06:49

Morning Headlines

11/10/2021 - 06:49

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Low jab rates a growth risk

Vaccine complacency and the reopening of borders — which could lead to a brain drain even with employers boosting incentives to retain workers — loom as key risks facing the WA economy in addition to an iron ore crunch. The West

Offsets to help coal, gas survive

Federal Energy Minister Angus Taylor has moved to placate jittery Nationals MPs by saying ‘‘net zero doesn’t mean zero emissions’’ or the end of the coal and gas industry. The Fin

Academia seeks to recruit Google in fight against cheating

Online and social media platforms LinkedIn, YouTube, Gumtree and Google have been warned they may be breaching their terms of service by hosting advertising from ‘‘pernicious’’ and increasingly sophisticated essay mills and academic cheating sites.

Forrest to build $1b hydrogen plant

Fortescue Future Industries will build a $1 billion electrolyser factory in Gladstone in central Queensland as part of the state’s burgeoning hydrogen industry. The Fin

Battery boom could hit the brakes on electric vehicles

Skyrocketing prices for battery metals could put a dent in the runaway growth of the electric vehicle sector, and there are doubts supply will be able to meet demand in the short-term. The Aus

Perth MP calls for WA to lead Australia Day change

WA MP Patrick Gorman has admitted he was “wrong” in not backing calls to change the date of Australia Day, as he throws his support behind shifting the annual celebration from January 26. The West

Vax target to keep homes hot

The banking watchdog may be making policy moves to calm a red-hot national property market but buyers believe the heat will really turn up once Australia reaches its 70 to 80 per cent COVID-19 vaccination target. The West

Vapes can be ‘toxic’

Liquids used for vapes contain toxic chemicals, Perth researchers have warned — even if they don’t contain nicotine. The West

Push to bridge Ambo divide

The WA Country Health Service wants minimum ambulance standards — like availability and response times — enshrined in law to ensure West Australians in the bush no longer receive inferior access to health care. The West

Pharmacy play nerves

The national president of the Pharmacy Guild of Australia says a potential Wesfarmers takeover of Australian Pharmaceutical Industries is causing equal parts excitement and anxiety in the industry. The West

 

 

The Australian Financial Review

Page 1: Federal Energy Minister Angus Taylor has moved to placate jittery Nationals MPs by saying ‘‘net zero doesn’t mean zero emissions’’ or the end of the coal and gas industry.

Billionaire fast food king Jack Cowin has learnt plenty building a business empire from scratch that has made him one of the nation’s 20 wealthiest people.

Page 2: Online and social media platforms LinkedIn, YouTube, Gumtree and Google have been warned they may be breaching their terms of service by hosting advertising from ‘‘pernicious’’ and increasingly sophisticated essay mills and academic cheating sites.

Page 5: Carbon offsets are an essential tool for Australia to reach net zero emissions, but the federal government should require businesses to take an ‘‘avoid emissions first’’ approach and beef up the integrity of the opaque carbon offset system, according to a new Grattan Institute report.

Page 6: Fortescue Future Industries will build a $1 billion electrolyser factory in Gladstone in central Queensland as part of the state’s burgeoning hydrogen industry.

Page 8 The share of successful auctions surged above 80 per cent in every capital city for the first time on record, despite a steep rise in volumes as buyers raced to transact before their mortgage pre-approvals expire to avoid the higher buffer rates.

Page 11: Chinese President Xi Jinping says reunification with Taiwan should be achieved by ‘‘peaceful means’’, in comments which reinforced Beijing’s territorial claims over the island democracy but did not mention the use of force.

Page 12: Australian miners stand to benefit from the addition of nickel to a critical minerals list designed to help the United States fix supply gaps in batteries and other energy technologies.

Page 14: The number of Australians who meet the so-called wholesale investor test has blown out from just 1.9 per cent of the population in 2002 to more than 16 per cent, leaving more than 3 million consumers vulnerable to risky investments and conflicted financial advice.

Page 16: BHP chief executive Mike Henry has warned governments and investors that a well-intentioned focus on environment, sustainability and governance issues could hamper the world’s decarbonisation agenda and trigger price shocks similar to those rattling world energy markets.

Page 19: Commonwealth Bank of Australia will turn on a new technology system it has developed to use the growing power of artificial intelligence to root out and prevent people using its electronic payments system to send abusive messages.

 

 

The Australian

Page 2: Small and medium enterprises face an estimated $120m hit from the cancellation of the Attack-class submarines, after investing in new systems, equipment, security and personnel to win contracts with France’s Naval Group.

Page 3: A key national union will campaign in federal marginal seats for candidates to commit to the creation of 400,000 manufacturing jobs over the next decade, greater rights for casuals to convert to permanency and legislative changes to make it easier for workers to go on strike.

Page 13: Skyrocketing prices for battery metals could put a dent in the runaway growth of the electric vehicle sector, and there are doubts supply will be able to meet demand in the short-term.

Page 14: Steel distributor Vulcan is understood to have already locked in $220m of demand from cornerstone investors for its initial public offering.

Page 16: Business leaders are calling for an end to policy uncertainty on the nation’s path to slashing carbon emissions, with growing fears Australia will be penalised internationally if we don’t catch up on reduction targets.

Page 18: Australia’s subscription television viewers will soon have access to enriched content and technology, with this month’s launch of the Foxtel Group’s news streaming service Flash following the company’s announcement of a global partnership to roll out smart TVs.

 

 

The West Australian

Page 1: WA MP Patrick Gorman has admitted he was “wrong” in not backing calls to change the date of Australia Day, as he throws his support behind shifting the annual celebration from January 26.

Page 3: The ACT will go it alone and become the first jurisdiction to raise the age of criminal responsibility from 10 to 14, with a complete overhaul of the youth justice system endorsed by an independent review.

Page 4: Labor’s weapon against Christian Porter at the next Federal election, Tracey Roberts, won’t say if she’ll take on the former attorney-general in a formal candidates’ debate, instead telling The West Australian she would have to “think about it”.

WA Liberals leader David Honey has praised members of The Clan as “good Liberals” — as Liberal senator Dean Smith accused him of “turning his back” on the party.

Page 5: Prime Minister Scott Morrison might not be attending climate talks in Glasgow, but a member of his parliamentary team is — WA Liberal senator Dean Smith.

Federal Communications Minister Paul Fletcher said the Government was considering what it could do to stop harmful content being posted online with no consequence to the social media platforms.

Page 7: WA is on alert for another COVID-19 scare after a Victorian truck driver tested positive to the virus.

Page 11: Liquids used for vapes contain toxic chemicals, Perth researchers have warned — even if they don’t contain nicotine.

Page 15: The WA Country Health Service wants minimum ambulance standards — like availability and response times — enshrined in law to ensure West Australians in the bush no longer receive inferior access to health care.

Business: Vaccine complacency and the reopening of borders — which could lead to a brain drain even with employers boosting incentives to retain workers — loom as key risks facing the WA economy in addition to an iron ore crunch.

A class action lawsuit that claims Australia is misleading investors by failing to disclose the impact of climate risk in its bonds will proceed after government lawyers failed to get the case dismissed.

The national president of the Pharmacy Guild of Australia says a potential Wesfarmers takeover of Australian Pharmaceutical Industries is causing equal parts excitement and anxiety in the industry.

The banking watchdog may be making policy moves to calm a red-hot national property market but buyers believe the heat will really turn up once Australia reaches its 70 to 80 per cent COVID-19 vaccination target.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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