30/11/2021 - 06:41

Morning Headlines

30/11/2021 - 06:41

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Morning Headlines

Business wary of new variant overreaction

Australian businesses fear a flare-up of a pallet squeeze situation where a shortage of pallets severely curbs the free-flow of goods if governments overreact and impose harsh restrictions as the world wrestles with the new omicron variant of COVID-19, while retailers worry about a potential dent in consumer confidence. The Fin

Omicron could have a bright side

Omicron has come out of the blue and while everyone is focused on its dark side, it also has the potential to change the course of the pandemic for the better. The Fin

Big business to reveal emissions results

Woodside and Coles will join nine major Australian resources, construction, finance and retail companies in publicly reporting emissions reduction results under a push for greater transparency around corporate climate change targets. The Aus

Pizza Hut aims to double stores to 500

Pizza Hut Australia intends to double its outlets to more than 500 within four years, to build on a reinvigoration of a business on track to lift sales by about 26 per cent to $240 million in calendar 2021. The Fin

APRA focus on capital regulations

Banks will have to hold more capital against riskier mortgages and change their reporting of key buffers from 2023, as part of the biggest overhaul to regulatory capital requirements in almost five years. The Aus

Mine bosses jabbed

Almost all WA resource executives are fully vaxxed ahead of Government’s Wednesday deadline. The West

An end to text scams

Millions of Australians could soon be spared the onslaught of scam texts after the Federal Government announced a crackdown on malicious phone messages. The West

Windfall for Palmer in rights sale

Billionaire Clive Palmer is in line for a new royalties windfall after selling the rights to a billion tonnes of Pilbara iron ore to Chinese conglomerate CITIC. The West

Pay threat backflip on WA’s unvaxxed officers

Unvaccinated police officers will continue to be paid while facing disciplinary proceedings after the force dropped its threat to stop their wages beyond Wednesday’s jab mandate deadline. The West

Report to lift lid on Canberra

A review into Parliament House’s workplace culture to be revealed today will unveil a toxic environment where women are harassed and subject to sub-par working conditions among the worst in the country. The West

 

 

The Australian Financial Review

Page 1: Omicron has come out of the blue and while everyone is focused on its dark side, it also has the potential to change the course of the pandemic for the better.

A decline in coal production and emission reductions in the electricity sector have contributed to Australia’s greenhouse gas emissions decreasing by 2.1 per cent in the year to June.

Page 8: Company gross operating profits defied the COVID-19 delta variant in the September quarter by rising 4 per cent, led by construction and professional services and bolstered by $10 billion in government support.

Page 9: The wharfiesunion must pay more than $2.2 million in damages to Patrick and Qube for organising an unlawful two-week strike, a landmark ruling that could serve as a major deterrent for the militant union.

Page 15: Australian businesses fear a flare-up of a pallet squeeze situation where a shortage of pallets severely curbs the free-flow of goods if governments overreact and impose harsh restrictions as the world wrestles with the new omicron variant of COVID-19, while retailers worry about a potential dent in consumer confidence.

Page 17: Pizza Hut Australia intends to double its outlets to more than 500 within four years, to build on a reinvigoration of a business on track to lift sales by about 26 per cent to $240 million in calendar 2021.

 

 

The Australian

Page 3: Philanthropist Paula McLean has astonished the book world by donating $1m to the Stella Prize for Australian women’s writing, in what is believed to be the largest single gift ever for Australian literature.

Page 4: Woodside and Coles will join nine major Australian resources, construction, finance and retail companies in publicly reporting emissions reduction results under a push for greater transparency around corporate climate change targets.

Page 13: Banks will have to hold more capital against riskier mortgages and change their reporting of key buffers from 2023, as part of the biggest overhaul to regulatory capital requirements in almost five years.

Page 14: A move by Origin Energy to cancel its investor day next month has some questioning whether a major shift in strategy could be afoot for the country’s largest energy retailer.

Page 15: Online wine retailer Vinomofo has bought Melbourne-based events company Revel as it positions itself for the post-pandemic party boom.

The pandemic-driven sales boom of household and personal hygiene products such as Dettol, Glen 20 and Air Wick has helped British consumer good giant Reckitt jump ahead with Australian growth plans, including ramping up its online business.

 

 

The West Australian

Page 3: Millions of Australians could soon be spared the onslaught of scam texts after the Federal Government announced a crackdown on malicious phone messages.

Page 5: Unvaccinated police officers will continue to be paid while facing disciplinary proceedings after the force dropped its threat to stop their wages beyond Wednesday’s jab mandate deadline.

Page 10: A review into Parliament House’s workplace culture to be revealed today will unveil a toxic environment where women are harassed and subject to sub-par working conditions among the worst in the country.

Business: Almost all WA resource executives are fully vaxxed ahead of Government’s Wednesday deadline.

Billionaire Clive Palmer is in line for a new royalties windfall after selling the rights to a billion tonnes of Pilbara iron ore to Chinese conglomerate CITIC.

Emanuel Exports has won its fight to have a ban on exporting livestock overturned after distancing itself from former managing director Graham Daws.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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