17/02/2022 - 07:04

Morning Headlines

17/02/2022 - 07:04

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Morning Headlines

BHP staff to lose jobs in no-vax axe

Up to 700 BHP employees are expected to be sacked or forced to quit for refusing to be vaccinated, as the mining giant rolls out its Covid vaccine mandate across the nation. The Aus

Bonanza for oil and gas producers

Booming energy prices have fuelled record profits at Santos, now the country’s biggest oil and gas producer, setting the scene for a bumper earnings season for a sector that has been heavily sold down due to climate concerns. The Fin

PM vows to hammer 'soft' Labor

Labor has rejected claims it would appease China and accused the government of harming the national interest as Scott Morrison pledged to target Anthony Albanese's record on national security, crime and border protection until polling day. The Aus

Anti-vax fake app check-in sabotage

A group of anti-vax tech heads have developed a fraudulent Service WA app and are generating fake vaccination certificates so thousands can sabotage mandatory check-ins. The West

Students' re-credit bill may hit $4.6bn

Almost $3.3bn in loan debts have been re-credited to more than 180,000 students caught out under Labor's widely rorted vocational education and training program, with government actuary modelling revealing the final bill could hit $4.6bn. The Aus

Evolution buoyed by golden outlook

Evolution Mining executive chairman Jake Klein says the gold sector has a bright outlook over the next year as rising inflation rates across the world return the precious metal to its traditional place as a "store of value". The Aus

WA border delay hurts Nuheara’s US push

The WA Government’s dithering over setting a date to reopen the State borders has left technology company Nuheara battling to continue business as usual as it pushes into America. The West

Azure Capital nabs Goldman Sachs adviser for partner

Azure Capital has appointed three new partners, including a former Goldman Sachs adviser who joins the firm’s Sydney office. The West

WA techs to benefit from rise in M&A

WA technology and pharmaceutical companies are in prime position to capitalise on the surge of deal-making tipped for 2022, according to a new report. The West

Aluminium near record

Aluminium hovered near the strongest level since 2008 as traders assessed the impact of an easing of geopolitical tensions over Ukraine and the persistent pressure of soaring energy costs on global supplies. The West

 

 

The Australian Financial Review

Page 1: Booming energy prices have fuelled record profits at Santos, now the country’s biggest oil and gas producer, setting the scene for a bumper earnings season for a sector that has been heavily sold down due to climate concerns.

Page 2: Foreign Minister Marise Payne has scored an invitation to the European Union’s coming Indo-Pacific summit, but only after other European nations intervened with hosts France and insisted that Australia needed to be represented at the Paris forum.

Page 5: Mining billionaire Clive Palmer has accused WA Premier Mark McGowan of labelling him as ‘‘equivalent to a drug dealer’’ over the United Australia Party leader’s purchase of hydroxychloroquine, and attempting to use him as a scapegoat before the state election.

Page 6: Labor has agreed to wave through the lower house a bill to lower the threshold for expelling foreign visa holders convicted of violent crimes, avoiding an attempt by the government to expose the opposition as divided by a national security issue.

Page 11: Russian President Vladimir Putin has said war can be avoided if Ukraine and the West issue a cast-iron pledge never to allow Ukrainian membership of NATO, signalling his readiness to ‘‘go down the negotiations track’’.

Prince Andrew will pay Virginia Giuffre, who claims he sexually abused her as a teenager, more than £12 million ($22 million), using money from the Queen.

Page 14: Fortescue chief executive Elizabeth Gaines says the outlook for iron ore prices was a major factor in the decision to reduce the miner’s dividend payout ratio, hosing down fears that a plan to spend big on clean energy projects in the decade ahead was to blame.

Penfolds owner Treasury Wine Estates says it is carefully increasing the prices of some luxury wines to claw back some of the extra $10 million in supply chain costs, with New Zealand sauvignon blanc wines led by its Matua brand one of the main areas to be affected.

Page 17: Maggie Beer Holdings, the gourmet food business with celebrity chef and author Maggie Beer as its figurehead, is making strong headway in e-commerce after the fortuitous $40 million acquisition of an online hampers business that has been thriving during the pandemic.

Page 21: Airbnb reported a $US55 million ($77 million) profit for the fourth quarter, reversing a huge loss a year earlier, as its revenue soared above pre-pandemic levels.

 

 

The Australian

Page 1: Up to 700 BHP employees are expected to be sacked or forced to quit for refusing to be vaccinated, as the mining giant rolls out its Covid vaccine mandate across the nation.

Labor has rejected claims it would appease China and accused the government of harming the national interest as Scott Morrison pledged to target Anthony Albanese's record on national security, crime and border protection until polling day.

Page 2: Dozens more police officers, canine units and aerial observation resources will be sent to Western Australia's Kimberley in a bid to tackle the unprecedented youth crime crisis in the region.

Page 5: Almost $3.3bn in loan debts have been re-credited to more than 180,000 students caught out under Labor's widely rorted vocational education and training program, with government actuary modelling revealing the final bill could hit $4.6bn.

Fed up with passengers refusing to wear face masks, flight attendants want airlines to demand proof of medical exemptions for non-compliance and seat un­masked travellers together.

Page 13: Tabcorp is on the verge of losing lucrative broadcast rights to show Australian horse racing overseas as negotiations to give the demer­ger of its $10bn lotteries division the green light heat up.

CSL chief executive Paul Perreault says the company is fielding calls from the US, UK and Europe about developing its mRNA research and manufacturing over­seas after being knocked back by the Morrison government.

Page 16: Evolution Mining executive chairman Jake Klein says the gold sector has a bright outlook over the next year as rising inflation rates across the world return the precious metal to its traditional place as a "store of value".

Page 18: Australian edtech company HEX is ramping up its "innovation gap year" program, raising $1.25m as it moves to address the worsening tech skills gap and enter the US, Malaysia and Indian markets.

 

 

The West Australian

Page 4: A group of anti-vax tech heads have developed a fraudulent Service WA app and are generating fake vaccination certificates so thousands can sabotage mandatory check-ins.

The principal of a Perth public high school praised for its impressive results is standing as a candidate for Clive Palmer’s United Australia Party at the Federal election.

Page 5: Hospitals are moving on to a war footing, with an “amber alert” declared after WA reported a spike in local COVID cases.

Page 10: A prominent mining industry executive and senior academic has been charged with historical child sex offences.

Business: The WA Government’s dithering over setting a date to reopen the State borders has left technology company Nuheara battling to continue business as usual as it pushes into America.

Azure Capital has appointed three new partners, including a former Goldman Sachs adviser who joins the firm’s Sydney office.

WA technology and pharmaceutical companies are in prime position to capitalise on the surge of deal-making tipped for 2022, according to a new report.

Punitive tariffs on Australian wine in China have effectively closed the major market to local producers, an industry heavyweight says, as tensions between the two nations show no sign of improving soon.

Aluminium hovered near the strongest level since 2008 as traders assessed the impact of an easing of geopolitical tensions over Ukraine and the persistent pressure of soaring energy costs on global supplies.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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