Morning Headlines

Azure Capital kicks off Carnarvon selldown; Beach tipped to look

Azure Capital’s bankers have ramped up the buyer search for a stake in listed oil and gas explorer Carnarvon Energy’s Dorado joint venture, which it owns alongside giant Santos. The Fin

Albanese’s aged care poll pitch

Anthony Albanese has started his push for election with a pledge to fix the crisis-ridden aged care sector, saying Labor will support and fund a pay increase for workers and spend another $2.5 billion to lift care standards. The Fin

Staff shortages hit highs, prices set to rise

A record 23.5 per cent of businesses are hunting for staff while almost 40 per cent expect to increase prices more than usual in the coming months as higher input costs including fuel and energy are passed on to consumers. The Fin

Private schools to get a $2bn ‘bonus’

Private schools will pocket $2bn in bonus federal funding as $560m is siphoned from public schools over the next three years as more parents choose to pay for a private education. The Aus

Discussions turn sour on $3.7b national skills deal

Negotiations over a critical $3.7 billion national skills deal have turned sour, with state and territory ministers accusing federal Skills Minister Stuart Robert of failing to genuinely negotiate and deal with key concerns. The Fin

‘A bit of a waste’ as well-off do better from budget’s largesse

More than half the government’s $8.5bn cost-of-living pressures package will go to relatively well-off households, exclusive ANU modelling reveals. The Aus

Ukrainian President’s plea for Aussie armoured vehicles in historic speech to Federal Parliament

Ukrainian President Volodymyr Zelensky has addressed a joint sitting of the Australian Parliament, calling for increased support and sanctions against Russia. The West

Virgin fires first shots in business fare war

Virgin Australia has permanently slashed its business-class fares by up to 60 per cent across Australia in a move that is expected to launch a savage premiumclass fare war. The West

Woodside starts production at Pluto

Woodside is now processing gas from the offshore Pluto fields at its North West Shelf hub on the Burrup Peninsula. The West

Regions to benefit as jobs revert ‘in-house’

More than 600 jobs will be brought in-house by the State Government when road maintenance contracts expire over the next five years. The West

The Australian Financial Review

Page 1: Anthony Albanese has started his push for election with a pledge to fix the crisis-ridden aged care sector, saying Labor will support and fund a pay increase for workers and spend another $2.5 billion to lift care standards.

Page 3: Senior ministers have confirmed the federal government is exploring building a new port in the Northern Territory that could also have military uses after ruling out terminating the lease of Darwin Port to a Chinese-owned company.

Page 5: A record 23.5 per cent of businesses are hunting for staff while almost 40 per cent expect to increase prices more than usual in the coming months as higher input costs including fuel and energy are passed on to consumers.

Page 6: Negotiations over a critical $3.7 billion national skills deal have turned sour, with state and territory ministers accusing federal Skills Minister Stuart Robert of failing to genuinely negotiate and deal with key concerns.

Page 11: Despite significant budget improvements and a booming economy, the federal government’s coffers are tipped to be in the red for the next 14 years, leaving the much coveted AAA credit rating vulnerable to future shocks.

Page 15: US Commerce Secretary Gina Raimondo has committed to help finance Australian critical minerals projects through America’s export financing arms, as President Joe Biden invokes Cold War powers to boost the domestic supply of minerals crucial for defence equipment and electric vehicles.

Page 18: Azure Capital’s bankers have ramped up the buyer search for a stake in listed oil and gas explorer Carnarvon Energy’s Dorado joint venture, which it owns alongside giant Santos.

Page 19: Uranium industry veteran John Borshoff says the global shift away from Russian products will have a ‘‘profound’’ impact on the nuclear power industry as close to $1 billion worth of corporate activity was announced across ASX uranium stocks yesterday.

The Australian

Page 2: Both sides of politics in the Northern Territory have signed on to a landmark seven-year  agreement that aims to cut incarceration rates and tackle problems such as domestic violence by involving Indigenous people in redesigning the justice system.

Page 4: More than half the government’s $8.5bn cost-of-living pressures package will go to relatively well-off households, exclusive ANU modelling reveals.

Private schools will pocket $2bn in bonus federal funding as $560m is siphoned from public schools over the next three years as more parents choose to pay for a private education.

Page 7: Property prices across the country have begun to ease after exceptional growth through the pandemic housing boom.

Page 15: Some of Australia’s most significant private investors and superannuation funds say they will pour almost $50bn into clean energy, technologies and infrastructure projects in the United Kingdom.

Qantas is predicting travellers will be willing to pay more to fly sustainably as it strives to achieve net zero emissions by 2050.

The West Australian

Page 1: Ukrainian President Volodymyr Zelensky has addressed a joint sitting of the Australian Parliament, calling for increased support and sanctions against Russia.

Page 9: WA is recording the highest number of COVID cases per capita in mainland Australia, but Mark McGowan has sought to assure West Australians the hospital admission rate — not community infections — is “the main thing to watch”.

Business: Virgin Australia has permanently slashed its business-class fares by up to 60 per cent across Australia in a move that is expected to launch a savage premium-class fare war.

Woodside is now processing gas from the offshore Pluto fields at its North West Shelf hub on the Burrup Peninsula.

Foreign Investment Review Board chairman and former top intelligence official David Irvine has been remembered as an “exceptional” Australian who made the country safer, following his passing at 75.

More than 600 jobs will be brought in-house by the State Government when road maintenance contracts expire over the next five years.