25/11/2021 - 07:03

Morning Headlines

25/11/2021 - 07:03

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Morning Headlines

Mine watchdog blast

Oil and gas giant Chevron has slammed WA’s resources sector watchdog for leaving the industry “unregulated” in dealing with sex attacks, claiming the regulator hadn’t engaged on the topic, thus deterring the company from reporting. The West

Retailers ready to ride Black Friday wave

Australian retailers are set to ring up billions of dollars in sales through the four-day shopping frenzy that begins this week with Black Friday and ends on Cyber Monday, as pandemic savings collide with a popular sales tradition imported from the US. The Fin

Visa changes could extend stay of 200,000 foreign workers

A new path to permanent residency for some skilled migrants and moves to make it easier for international students to work after graduation are among a raft of visa changes covering more than 200,000 foreigners that the government hopes will ease skills shortages. The Fin

Brokers on notice to be Chi-X ready

The corporate regulator has given stockbrokers three months to show they are ready to trade via Chi-X in a damning final report on the ASX outage of last November which will increase competition for the dominant stock trading platform. The Fin

Low-carbon steel’s cost challenges stand in the way of greener Pilbara

Steel is not all that is produced when Australia’s most lucrative export commodity, iron ore, is combined with its third most lucrative export commodity, coking coal, at high temperatures. The Fin

CBA boss defends crypto move

Commonwealth Bank CEO Matt Comyn says private digital money is likely to become a permanent part of the financial system and CBA wants to influence regulation built up around it, defending himself from concerns about cryptocurrencies expressed by senior regulators. The Fin

Advocacy leader urges safe, inclusive workplaces

Chief Executive Women President Sam Mostyn says sexual harassment incidents in the mining sector in WA can be prevented if more female workers are employed. The West

Prime Media welcomes Seven, castigates the Nationals

Seven West Media’s acquisition of regional broadcaster Prime Media gives the company its best future, says Prime chief executive Ian Audsley, after it had faced failure because of a lack of media reforms that would have helped regional players compete with the digital platforms. The Fin

No retreat on faith bill, PM told

A growing rump of conservative Liberal MPs has urged Scott Morrison to avoid further “watering down” of the government’s religious discrimination bill and not buckle under pressure from moderate colleagues. The Aus

Iconic Freo pub closes for UK ‘darts bar’ rebrand

It’s the end of an era for the iconic Newport Hotel in Fremantle, which closes its doors next month to undergo a major rebrand. The West

 

 

The Australian Financial Review

Page 1: The corporate regulator has given stockbrokers three months to show they are ready to trade via Chi-X in a damning final report on the ASX outage of last November which will increase competition for the dominant stock trading platform.

Page 2: A new path to permanent residency for some skilled migrants and moves to make it easier for international students to work after graduation are among a raft of visa changes covering more than 200,000 foreigners that the government hopes will ease skills shortages.

Page 3: Household power bills are expected to fall 6 per cent by 2024 to their lowest levels since 2016, despite a slight increase in prices next year when AGL Energy’s Liddell coal-fired power station begins its two-year shutdown.

Page 6: Labor has signalled it could back the Morrison government’s religious freedom bill before next year’s federal election, but is concerned the laws do not go far enough to protect gay and lesbian students from discrimination.

Page 12: Woodside’s top climate executive, Tom Ridsdill-Smith, has hit back at environmental criticism of the $16.5 billion Scarborough project’s carbon emissions, saying they will result in a net reduction in global pollution.

Steel is not all that is produced when Australia’s most lucrative export commodity, iron ore, is combined with its third most lucrative export commodity, coking coal, at high temperatures.

Page 17: Rest Super told its 1.8 million mostly Millennial and Gen Z members that cryptocurrency is a good investment as inflation rises, indicating it will invest in digital assets on their behalf, before walking back the commitment and saying it is still just researching the volatile market.

Page 20: Australian retailers are set to ring up billions of dollars in sales through the four-day shopping frenzy that begins this week with Black Friday and ends on Cyber Monday, as pandemic savings collide with a popular sales tradition imported from the US.

Page 24: Commonwealth Bank CEO Matt Comyn says private digital money is likely to become a permanent part of the financial system and CBA wants to influence regulation built up around it, defending himself from concerns about cryptocurrencies expressed by senior regulators.

Page 26: Woodside Petroleum investors are backing the decision to proceed with the $16.5 billion Scarborough LNG project in Western Australia, supporting the role of natural gas in the transition to low-carbon energy despite activists vehemently warning of heightened climate risks.

Page 27: Seven West Media’s acquisition of regional broadcaster Prime Media gives the company its best future, says Prime chief executive Ian Audsley, after it had faced failure because of a lack of media reforms that would have helped regional players compete with the digital platforms.

Page 29: Samsung said it plans to build a $US17 billion ($23.6 billion) semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.

 

 

The Australian

Page 1: Xi Jinping’s new man in Canberra will be Xiao Qian – China’s current ambassador to Indonesia.

States and territories will need to take more responsibility for funding the National Disability Insurance Scheme, with the minister in charge warning that the program was “not sustainable” and never intended to function as a “welfare scheme for life”.

Page 2: Australia will list the white supremacist group The Base and the political and militant wings of Hezbollah as terrorist organisations, making it a criminal offence to belong to either.

Page 3: A genre-hopping concept album by Ghanaian-Australian hip-hop artist Genesis Owusu has swept the 2021 ARIA Awards, which were held in Sydney on Wednesday night without a live audience for the second consecutive year.

Page 4: About 20,000 temporary skilled migrants who stayed through the pandemic will be offered a path to citizenship in a bid to address severe labour shortages in critical industries.

Page 5: A growing rump of conservative Liberal MPs has urged Scott Morrison to avoid further “watering down” of the government’s religious discrimination bill and not buckle under pressure from moderate colleagues.

Page 15: Harvey Norman has stood apart from the rest of the retail sector warning about disrupted global supply chains putting the brakes on products being shipped to Australia, saying it was well stocked across all its stores for the Christmas rush.

Page 16: The $21bn merger between Oil Search and Santos has received a nod from influential proxy adviser Institutional Shareholder Services, recommending a qualified recommendation for the bumper deal ahead of a December 7 shareholder vote.

 

 

The West Australian

Page 5: Oil and gas giant Chevron has slammed WA’s resources sector watchdog for leaving the industry “unregulated” in dealing with sex attacks, claiming the regulator hadn’t engaged on the topic, thus deterring the company from reporting.

Page 11: Federal Liberal MPs have urged their State counterparts to delay replacing David Honey with Libby Mettam as WA Liberal leader until after the Federal election.

Page 18: A principal who threatened to shut down his entire school rather than get a compulsory COVID-19 jab has decided to close the school’s kindergarten.

Business: Chief Executive Women President Sam Mostyn says sexual harassment incidents in the mining sector in WA can be prevented if more female workers are employed.

Vale expects to lift iron ore output next year, albeit at a slower rate than some analysts are estimating, which may add more volatility to prices for the steel making ingredient after a rollercoaster year.

Hydrogen hubs will be built in the Pilbara and Mid West under a $235 million plan pitched by State Government to the Commonwealth.

It’s the end of an era for the iconic Newport Hotel in Fremantle, which closes its doors next month to undergo a major rebrand.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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