14/12/2021 - 07:13

Morning Headlines

14/12/2021 - 07:13

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

‘Bidding war’: AdBlue shortage sparks run on auto stores

Australia’s two largest automotive retail chains, Supercheap Auto and Autobarn, are running out of tubs of the diesel exhaust fluid AdBlue as small-business truck operators, tradespeople and diesel passenger vehicle owners race to secure dwindling supplies. The Fin

New mask rules from February 5

The hotly anticipated reopening of WA with the rest of the country will also herald the arrival of new compulsory face-mask rules. The West

Morrison stares down omicron

The Morrison government has sent a strong signal it is not overly concerned about the omicron variant of the coronavirus by announcing that tomorrow travel bubbles with South Korea and Japan will begin, and skilled migrants and foreign students will be permitted entry. The Fin

Why Australia won’t have a US-style inflation spike

Australian businesses need to plan for higher inflation but price spikes in the United States won’t be replicated in Australia, according to EY. The Fin

National data strategy gets a new front door

A portal allowing easy access to all Commonwealth public data is the centrepiece of a new national strategy aimed at creating an ecosystem of data that is accessible, reliable and relevant. The Fin

Recovery years away, says Perth Airport

Perth Airport is cautious about the outlook for international travel after Western Australia’s borders reopen, and chief executive Kevin Brown warns that it could be three to four years before foreign flights return to pre-pandemic levels. The Fin

Reopening to boost resources workers

WA’s resources sector says the February 5 re-opening date set by Premier Mark McGowan should help ease acute labour shortages that have plagued the industry by preventing the free flow of workers. The West

Restaurants avoid being served vax police duties

Perth retailers and hospitality businesses are relieved they won’t need to police the vaccination status of potential patrons under the State Government’s plans when WA reopens its borders on February 5. The West

Crown’s ‘value’ a sure bet

Beleaguered Crown Resorts is not pinning its hopes on a takeover by US private equity giant Blackstone and is spruiking the potential of its $2.2 billion Sydney casino to encourage higher offers. The West

 

 

The Australian Financial Review

Page 1: The Morrison government has sent a strong signal it is not overly concerned about the omicron variant of the coronavirus by announcing that tomorrow travel bubbles with South Korea and Japan will begin, and skilled migrants and foreign students will be permitted entry.

Page 2: Australian businesses need to plan for higher inflation but price spikes in the United States won’t be replicated in Australia, according to EY.

Page 3: Australia’s two largest automotive retail chains, Supercheap Auto and Autobarn, are running out of tubs of the diesel exhaust fluid AdBlue as small-business truck operators, tradespeople and diesel passenger vehicle owners race to secure dwindling supplies.

Open borders, better university training and dizzying pay packages are all requirements for fast-growing Australian tech companies, which say they are struggling to deliver on their potential due to cut-throat competition with big business for insufficient skills in the local market.

Page 5: West Australian Premier Mark McGowan has crushed businesses’ and families’ hopes of ending border controls before summer holidays end, keeping his state sealed off from the rest of Australia until February 5.

Page 9: Australian and Chinese chief executives held a high-level dialogue on climate change yesterday in a move hailed as a breakthrough by the business community after almost two years without any formal engagement with their biggest customers.

Page 12: A portal allowing easy access to all Commonwealth public data is the centrepiece of a new national strategy aimed at creating an ecosystem of data that is accessible, reliable and relevant.

Page 16: Ramsay Health Care chief executive Craig McNally says demand is outstripping supply for mental health services in Britain and the $1.4 billion acquisition of Elysium Healthcare, which operates 72 sites there, will give the group a strong platform in a fast-growing segment.

The chief executives of companies including Wesfarmers, APA Group, Graincorp and BHP have urged leaders and the community not to forget the front-line employees for whom remote working is not an option, as Australia’s corporate sector prepares to adopt hybrid work en masse in 2022.

Page 18: Should CSL sign its $12 billion-plus deal to acquire Swiss-based Vifor Pharma today as expected, it would notch up a seventh mega Australian M&A deal of 2021 and the year’s biggest equity capital markets transaction.

Page 19: Federal Treasurer Josh Frydenberg has slashed the government’s small and medium-sized enterprise loan guarantee but extended the scheme for another six months to June 30, in a bid to encourage the big banks to lend more cheap money to SME businesses.

Page 20: Perth Airport is cautious about the outlook for international travel after Western Australia’s borders reopen, and chief executive Kevin Brown warns that it could be three to four years before foreign flights return to pre-pandemic levels.

 

 

The Australian

Page 1: Australia is poised to become the largest producer of mRNA vaccines outside the US and Europe under a $2bn-plus deal with global pharmaceutical giant Moderna to build a plant in Melbourne capable of producing 100 million respiratory vaccines a year, including future Covid-19 booster doses.

Page 2: Australia will throw its support behind South Korea to join one of the world’s biggest free-trade agreements, with Scott Morrison lauding the democratic country’s trade credentials during a historic visit to Australia by Korean President Moon Jae-in.

Page 3: Casino company Crown Resorts has outlined a bullish vision for its prime Sydney property that has been billed as James Packer’s legacy to the city.

Page 4: Anthony Albanese is leading Scott Morrison in the nationwide blitz of key marginal seats ahead of next year’s election, as both prepare to take short breaks before launching gruelling campaign schedules over summer.

Page 15: The nation’s medicines regulator has launched a review into ventilators and CPAP devices in a bid to prevent deep lung tissue damage from faulty products.

Page 17: A month ago the world’s leading hotel commerce platform, SiteMinder, listed on the ASX. Australian-grown, it boasts a register stacked with top drawer investors that say it ranks with Atlassian, Xero and Wisetech.

The Transport Workers Union has admitted its representation of Qantas ground handling crews was much lower than claimed on the first day of hearings to decide whether the airline should have to reinstate outsourced workers.

Page 18: Woodside Petroleum reached the final stages of a battle to buy a stake in Australia’s biggest carbon project developer, GreenCollar, before being pipped by private equity giant KKR.

Page 21: A new critical vulnerability that originated in video game Minecraft is being actively exploited and is affecting cloud services including Steam and Apple’s iCloud, in what is being described as the single biggest vulnerability of the past decade, and possibly in the history of modern computing.

Australia needs to urgently address its cybersecurity skills shortage with the talent gap now estimated to be hundreds of thousands of workers, research from RMIT says.

 

 

The West Australian

Page 4: West Australians will reunite with family and friends interstate and overseas when WA reconnects to the world on February 5 after 687 days of border closures.

Page 7: The hotly anticipated reopening of WA with the rest of the country will also herald the arrival of new compulsory face-mask rules.

Page 9: Booster jabs are vital for older West Australians who’ve received the AstraZeneca vaccine, scientists claim.

Business: The head of Andrew Forrest’s private metals play has revealed the company is setting itself for a consolidation of the WA nickel sector that could rival BHP’s dominant position.

WA’s resources sector says the February 5 re-opening date set by Premier Mark McGowan should help ease acute labour shortages that have plagued the industry by preventing the free flow of workers.

Perth retailers and hospitality businesses are relieved they won’t need to police the vaccination status of potential patrons under the State Government’s plans when WA reopens its borders on February 5.

WA private health insurer HBF has bought a 10 per cent stake in its listed dental partner Pacific Smiles for $41.9 million, doubling down on its expansion into associated health services.

China’s crackdown on the housing sector, which triggered a default at Evergrande Group and led to a plunge in sales, is also calling into question the way freewheeling property developers have financed, built and marketed homes to the masses.

Beleaguered Crown Resorts is not pinning its hopes on a takeover by US private equity giant Blackstone and is spruiking the potential of its $2.2 billion Sydney casino to encourage higher offers.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options