Morning Headlines

Wednesday, 20 April, 2022 - 06:58
Category: 

Go West, PM tells Aussie workforce

Scott Morrison says more people should move to Western Australia from other States to capitalise on the surplus of mining jobs. The West

PM waves bigger stick at CFMEU

The Morrison government will double the fines that can be levied against militant construction unions and individuals, drawing a sharp contrast with Labor’s promise to abolish the construction industry watchdog if elected at the May 21 poll. The Fin

Miners call for more migrants to deal with skills shortage

Miners want Australia’s immigration intake lifted and the red tape around hiring foreign workers cut to help ease skills shortages, saying the Coalition and Labor have more to do to win over the key industry. The Fin

Commodities boom shields economy

Commodity-rich Australia is one of the few countries to receive an economic growth upgrade by the International Monetary Fund, after the global outlook was slashed due to war in Ukraine and soaring inflation. The Fin

Job creation amid State’s skills crunch

A raft of job-creating funding announcements by the Morrison Government has been endorsed by the WA resources sector despite the prevailing skills crunch crippling some companies. The West

Net zero mindset must shift

Money, not social responsibility, talks loudest in convincing companies to address climate change risks, according to a new how-to guide put out by the country’s leading governance lobby group. The West

Syrah toasts $US107m loan

A critical minerals company with an agreement to supply Tesla with battery-ready graphite has been awarded a conditional loan of up to $US107 million ($145m) from the Biden administration to help finance a US plant expansion. The West

Investment banks’ alert on weak Rio quarterly

RBC Capital Markets has joined others in sounding the alarm on Rio Tinto’s quarterly production figures due out on Wednesday morning, suggesting it could miss full-year guidance in its key Pilbara iron ore division. The West

Inflation hastening rate rise: Reserve

Rising inflation beyond the Reserve Bank of Australia’s target is likely to have brought forward the timing of an increase in the cash rate, the central bank warns. The West

 

 

The Australian Financial Review

Page 1: The Morrison government will double the fines that can be levied against militant construction unions and individuals, drawing a sharp contrast with Labor’s promise to abolish the construction industry watchdog if elected at the May 21 poll.

Page 3: The federal government could be forced to buy out a Chinese part-owner of the Port of Newcastle, as NSW’s second-biggest city emerges as the navy’s internal favourite as the home of a new east coast base for the planned nuclear submarine fleet.

Miners want Australia’s immigration intake lifted and the red tape around hiring foreign workers cut to help ease skills shortages, saying the Coalition and Labor have more to do to win over the key industry.

Page 5: Commodity-rich Australia is one of the few countries to receive an economic growth upgrade by the International Monetary Fund, after the global outlook was slashed due to war in Ukraine and soaring inflation.

Page 8: The Greens are proposing almost half-a-trillion dollars in new taxes, with party leader Adam Bandt to unveil today a major boost to levies on oil and gas companies.

Page 13: Large electricity generators are trying to come up with a plan to manage the shutdown of the country’s remaining coal-fired power stations to present to the next federal government, but are struggling to find consensus.

Page 15: Boral chairman Ryan Stokes has moved to accelerate cost-cutting in executive ranks at the concrete and asphalt group by eliminating the position of chief finance and strategy officer, sending Tino La Spina out of the company after 18 months.

Page 19: The AFL is the latest sporting code to embrace digital assets, partnering with Hong Kong-based Animoca Brands to launch its own non-fungible token (NFT) marketplace featuring historic football moments and exclusive player access in the coming weeks.

 

 

The Australian

Page 1: Northern Territory teachers would be encouraged to organise “non-gendered” sports teams, physical education activities and sports days, under plans being developed by the Education  Department.

Page 2: China says it has signed a security agreement with Solomon Islands, escalating tensions with the West just days before two of US President Joe Biden’s top diplomats arrive in Honiara to warn its government of the consequences of the deal.

Page 4: Three leading energy experts have cast doubt on Labor’s pledge to cut energy bills by $275 a year and create 604,000 jobs by promoting renewable generation, with one of them describing a key assumption that underpins the pledge as “just plain wrong’’.

Page 13: The head of National Australia Bank’s repo trading desk has alleged a “boys’ club culture” at the bank in a human rights complaint, alleging she was subjected to years of underpayment, racial and sexual discrimination, threatened with a baseball bat, and repeatedly ignored by management.

Page 15: Fertiliser and explosives chemicals giant Incitec will take a $US128m ($173m) hit to its interim earnings before interest and taxes and a $US92m cut to its profit following problems at its ammonia plant in the US.

The market for jobs involving “green” skills across all sectors has nearly 800 million members around the world, now accounting for 13.3 per cent of global work talent on LinkedIn.

 

 

The West Australian

Page 3: NSW and Victoria are expected to scrap isolation requirements for household contacts of COVID-positive people by the end of the week.

Page 4: Scott Morrison says more people should move to Western Australia from other States to capitalise on the surplus of mining jobs.

Page 7: The Opposition Leader confirmed to The West Australian on Tuesday that he would hold his party’s formal launch on Sunday, May 1.

Page 9: The Morrison Government has announced a new mental health service for Balga and Mirrabooka as the Federal election enters its second week.

Page 16: Conditions at Banksia Hill Detention Centre deteriorated so badly that some children held there formed a “suicide squad” — with one detainee attempting to take his own life five times in a month.

Business: A raft of job-creating funding announcements by the Morrison Government has been endorsed by the WA resources sector despite the prevailing skills crunch crippling some companies.

A critical minerals company with an agreement to supply Tesla with battery-ready graphite has been awarded a conditional loan of up to $US107 million ($145m) from the Biden administration to help finance a US plant expansion.

RBC Capital Markets has joined others in sounding the alarm on Rio Tinto’s quarterly production figures due out on Wednesday morning, suggesting it could miss full-year guidance in its key Pilbara iron ore division.

Rising inflation beyond the Reserve Bank of Australia’s target is likely to have brought forward the timing of an increase in the cash rate, the central bank warns.

Money, not social responsibility, talks loudest in convincing companies to address climate change risks, according to a new how-to guide put out by the country’s leading governance lobby group.