13/10/2021 - 06:57

Morning Headlines

13/10/2021 - 06:57

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Net zero to be bonanza for minerals

Australia is in pole position to benefit from a sixfold increase in demand for so-called ‘‘critical minerals’’ worth $US12.9 trillion ($17.6 trillion) over the next two decades, driven by the race to hit net zero emissions, according to analysis from the International Monetary Fund. The Fin

Preschool, daycare pay to rise

Early childhood educators will get pay rises of up to 13 per cent at the start of the new year after the workplace tribunal confirmed the industry’s minimum rates no longer reflected their levels of training and responsibilities. The Fin

US seizes China beef market share

US beef exports to China in July and August were more than the total shipped in all of 2020, prompting Australian exporters to fear being permanently edged out of the market. The Fin

Unis unanimous on free speech code

Every university in the country has now adopted a robust framework to protect freedom of speech among academics, ending a two-year Morrison government push to introduce a model code for the higher education sector. The Aus

Westpac takes $1.3b profit hit on write-downs

Westpac’s full-year profit will take a $1.3 billion hit due to heavy writedowns as it shrinks its institutional bank and takes additional provisions for potential legal action and customer remediation after the banking royal commission. The Fin

Saffioti urges end to Freo Port dispute

Rita Saffioti has urged the Fair Work Commission to intervene in the long-running industrial dispute at the Fremantle Port, which has stopped ships from unloading vital farming and mining equipment. The West

QR codes ‘the future of rapid payments’

Australians will be able to start paying for their shopping using QR codes before Christmas, after the repurposing of the QR code system that served the nation well during the pandemic. The AUs

Credits roll as Canva expands into full video

Canva has released a fully featured video suite that lets users build marketing and social media videos and even documentaries, making use of more than 600,000 Canva templates. The Aus

Companies brush up to meet ‘eco’ demand

As consumer demand for sustainable products surge, local small businesses say they are having to ramp up their eco-friendly practices to win over customers. The West

WA building company BGC cuts sales jobs

BGC has cut half the 40 jobs created last year to meet the spike in demand for new homes as it prioritises securing tradespeople to complete the building contracts. The West

 

 

The Australian Financial Review

Page 1: Australia is in pole position to benefit from a sixfold increase in demand for so-called ‘‘critical minerals’’ worth $US12.9 trillion ($17.6 trillion) over the next two decades, driven by the race to hit net zero emissions, according to analysis from the International Monetary Fund.

Page 3: If the Morrison government embraces the Business Council of Australia’s proposed stronger emission reduction targets of 46 to 50 per cent by 2030, it would put Australia in the middle of the pack in the lead-up to the COP26 climate talks in Glasgow.

Page 6: Early childhood educators will get pay rises of up to 13 per cent at the start of the new year after the workplace tribunal confirmed the industry’s minimum rates no longer reflected their levels of training and responsibilities.

Page 8: Australia’s ability to achieve world-leading vaccination coverage will depend on governments and health authorities convincing young people and residents of COVID-zero states to get a jab.

Page 10: US beef exports to China in July and August were more than the total shipped in all of 2020, prompting Australian exporters to fear being permanently edged out of the market.

Page 12: AstraZeneca’s antibody cocktail is effective at preventing mild or moderate COVID-19 infections from worsening in a study that bolsters the drug maker’s ambitions for the product.

Page 15: Westpac’s full-year profit will take a $1.3 billion hit due to heavy writedowns as it shrinks its institutional bank and takes additional provisions for potential legal action and customer remediation after the banking royal commission.

Page 17: Insider trading worries prompted Telstra to scrap its popular reinvestment scheme with the full-year result, chairman John Mullen revealed yesterday.

Page 18: Aurizon aims to have prototypes of battery-powered locomotives running on Australian rail tracks in two to three years’ time, chairman Tim Poole said as he acknowledged the company’s share price is being hurt by ‘‘ESG issues’’.

Page 19: Australia may still be hit by the energy price crisis that is plaguing the UK and Europe, despite escaping the impacts so far, some of the country’s biggest energy suppliers have warned, sounding alarm bells for the potential impact on manufacturers.

 

 

The Australian

Page 1: Scott Morrison’s plan for net zero emissions by 2050 will go to cabinet on Wednesday, with Energy Minister Angus Taylor seeking to reassure Nationals MPs the major shift in climate policy will not come at the cost of reliable power generation or undermine high-emitting regional industries.

Hackers will face serious new criminal offences and tougher penalties for ransomware attacks, in a bid to halt a cyber crime wave targeting Australian businesses, hospitals and government agencies.

Page 2: The US’s Virginia-class nuclear submarine is the best option for Australia according to a former US Navy secretary who believes training for Australian crews on the subs could begin “right now”.

Page 4: Australia lacks the skills, equipment and materials to deliver an unprecedented public infrastructure pipeline, putting a speed-limit on recovery from the pandemic recession, according to the first audit of the industry’s capacity.

Page 5: Australians will be able to start paying for their shopping using QR codes before Christmas, after the repurposing of the QR code system that served the nation well during the pandemic.

Every university in the country has now adopted a robust framework to protect freedom of speech among academics, ending a two-year Morrison government push to introduce a model code for the higher education sector.

Page 15: Canva has released a fully featured video suite that lets users build marketing and social media videos and even documentaries, making use of more than 600,000 Canva templates.

 

 

The West Australian

Page 8: Teachers look set to be one of the next workforces required to be vaccinated against COVID-19 to keep their jobs.

The State Government will temporarily deploy unvaccinated healthcare workers to other areas of the health system and will gradually weed out those who refuse to get the jab.

Page 18: A magistrate who claims a judge improperly tried to remove her from Perth Children’s Court created a “toxic” environment and reduced staff to tears, the Supreme Court was told yesterday.

Page 24: The pockets of Perth motorists will be hit as the number of cheap fuel days halve amid record-high prices.

Page 25: Prince Charles has warned world leaders, including Prime Minister Scott Morrison, that the UN’s climate change conference is a “last chance saloon” to save the planet.

Business: As consumer demand for sustainable products surge, local small businesses say they are having to ramp up their eco-friendly practices to win over customers.

BGC has cut half the 40 jobs created last year to meet the spike in demand for new homes as it prioritises securing tradespeople to complete the building contracts.

Former Rio Tinto iron ore boss Chris Salisbury has scored his third board gig after parting ways with the mining giant in the wake of the Juukan Gorge debacle.

Rita Saffioti has urged the Fair Work Commission to intervene in the long-running industrial dispute at the Fremantle Port, which has stopped ships from unloading vital farming and mining equipment.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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