06/05/2022 - 06:54

Morning Headlines

06/05/2022 - 06:54

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Morning Headlines

Labor triggers Premier revolt over live-trade

Mark McGowan has pushed back against federal Labor’s plan to phase out the $250m live sheep export trade, declaring that measures enforced under his industry crackdown were “effective and appropriate”. The Aus

Adbri confirms interest in $1bn BGC building materials empire

The near-$2bn Adbri has confirmed interest in the $1bn-plus West Australian building materials empire BGC. The Aus

Everyone a winner under Labor childcare overhaul: economists

High-income families will be the biggest beneficiaries from Labor’s childcare policies, with economists saying this will unleash significant productivity gains by removing disincentives to full-time labour force participation for working mothers. The Fin

More crisis meetings as builders go under

The peak body for WA builders has held more crisis talks with the Premier as companies associated with Danny Coyne’s collapsed business New Sensation Homes went into liquidation. The West

Polls are soft, we can still win: PM

Scott Morrison insists he can come from behind in the final two weeks of the campaign to beat Labor, arguing that the current poll numbers are the softest they have been for many elections. The Fin

Connection with China ‘completely different’ to Russia

Rio Tinto’s incoming chairman Dominic Barton has warned the world would be in a “devastating situation” if relationships with China deteriorated to the point where significant sanctions — similar to recent ones placed on Russia — were introduced. The West

Call to fix damage to the State’s reputation

WA’s peak business body is urging Mark McGowan to reverse the “reputational damage” caused by two years of closed borders by focusing on international trade in next week’s State Budget. The West

Lending growth lifts NAB earnings

The fastest growth in business lending in more than a decade and gains in the home loans market have pushed National Australia Bank’s first-half profit ahead of expectations and led the financial giant to lift dividend payments. The Aus

Warning WA infections likely to keep rising for while yet

About 500,000 West Australians have already caught COVID-19 and WA is at the halfway point of its Omicron outbreak, according to the latest modelling from Telethon Kids Institute and Curtin University. The West

New phonics exam introduced for Year 1 students in WA

Year 1 students in WA public schools will have to do a compulsory phonics test to show they are progressing in the early stages of learning to read but results will not be comparable across all schools. The West

 

 

The Australian Financial Review

Page 1: Scott Morrison insists he can come from behind in the final two weeks of the campaign to beat Labor, arguing that the current poll numbers are the softest they have been for many elections.

Page 3: Reducing the budget deficit can help the Reserve Bank of Australia manage inflation pressures, but the nation’s poor productivity performance over the past 20 years means the budget is about $80 billion worse off, former Treasury secretary Ken Henry has warned.

Rio Tinto chief executive Jakob Stausholm says Australia is not building renewable energy fast enough to remove coal-fired power from the electricity grid in a smooth manner.

Page 6: High-income families will be the biggest beneficiaries from Labor’s childcare policies, with economists saying this will unleash significant productivity gains by removing disincentives to full-time labour force participation for working mothers.

Page 18: National Australia Bank chief executive Ross McEwan says he is confident a new digital mortgage platform will help the bank continue to win market share from rivals, as it prepares to fully automate the home loan process.

Page 21: Woolworths Group has terminated its contract with AMP for corporate superannuation services.

 

 

The Australian

Page 1: The Solomon Islands opposition says Chinese security personnel could soon outnumber Australian peacekeepers in the country, warning that Prime Minister Manasseh Sogavare is likely to install a “strongarm” force to cement his hold on power.

Page 5: Animals Australia has admitted covering up payments of more than $148,000 to a whistleblower whose footage of distressed and dead sheep shut down Australia’s summer live export trade.

Australian scientists have developed a breakthrough drug which combats a form of dementia that causes horrifying cognitive damage and personality changes in people aged in their 60s and under.

Page 8: Mark McGowan has pushed back against federal Labor’s plan to phase out the $250m live sheep export trade, declaring that measures enforced under his industry crackdown were “effective and appropriate”.

Seven in 10 aged-care residents are living with cognitive impairment yet their carers aren’t required to have formal dementia training, the nation’s peak dementia organisation said as it called on all parties contesting the federal election to act on the issue.

Page 17: The fastest growth in business lending in more than a decade and gains in the home loans market have pushed National Australia Bank’s first-half profit ahead of expectations and led the financial giant to lift dividend payments.

Page 18: The near-$2bn Adbri has confirmed interest in the $1bn-plus West Australian building materials empire BGC.

Page 19: Flight Centre has struck a joint venture deal with high-profile local travel businesses Goldman Travel Corporation and Spencer Group to provide corporate and leisure clients with better access to high-end travel services.

Page 21: Australian Private Hospitals Association chief executive Michael Roff says the health fund lobby has “lost the plot” and is “scare-mongering” after it warned that if Bupa caves to Ramsay’s demands in a funding dispute it will spark “double-digit” premium rises.

 

 

The West Australian

Page 5: Community Services Minister Simon McGurk has publicly apologised to psychologist Tracy Westerman over comments she made about her, after the former WA Australian of the Year launched legal action for defamation.

Page 7: Scott Morrison will label Anthony Albanese a “weak leader” and hit out at his “small target strategy” when he unleashes his fiercest attack yet of the election campaign during a Perth speech.

Page 10: About 500,000 West Australians have already caught COVID-19 and WA is at the halfway point of its Omicron outbreak, according to the latest modelling from Telethon Kids Institute and Curtin University.

Page 14: Year 1 students in WA public schools will have to do a compulsory phonics test to show they are progressing in the early stages of learning to read but results will not be comparable across all schools.

Page 22: The peak body for WA builders has held more crisis talks with the Premier as companies associated with Danny Coyne’s collapsed business New Sensation Homes went into liquidation.

Business: WA’s top judge has blasted the costly legal methods of Clive Palmer and the companies that made him an iron ore billionaire.

Rio Tinto’s incoming chairman Dominic Barton has warned the world would be in a “devastating situation” if relationships with China deteriorated to the point where significant sanctions — similar to recent ones placed on Russia — were introduced.

WA’s peak business body is urging Mark McGowan to reverse the “reputational damage” caused by two years of closed borders by focusing on international trade in next week’s State Budget.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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