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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 wharfies’ union 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.