12/05/2022 - 07:07

Morning Headlines

12/05/2022 - 07:07

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

Premier to announce cost-of-living energy bill bonus in election eve State Budget

West Australian households will get a $400 credit towards their power bill in Thursday’s State Budget to help ease rising cost-of-living pressures. The West

Brickworks lays footing for BGC

The country’s largest brick and tile manufacturer, Brickworks, is believed to be entering the contest for BGC as the group that sells products under the Austral brand looks to assert itself in the West Australian market. The Aus

Premier urged to splash cash, forget risk

Business leaders and economists are urging West Australian Premier Mark McGowan to splash more of the state’s budget surplus on addressing skills shortages and to provide targeted cost of living relief amid the highest inflation in the country. The Fin

West delivers for Albanese but no landslide

Labor is on track to win at least two of the three seats it is targeting in Western Australia, but Scott Morrison looks set to avoid the sort of electoral decimation that befell the Liberals in the state election last year. The Aus

China pact ‘no threat’ to Australia

Beijing’s growing co-operation with the South Pacific is not a threat to Australia’s security, China’s local ambassador says, amid regional alarm a security pact with Solomon Islands could pave the way for a military base. The Fin

Kitchen table economics, wages and rates dominate final debate

Scott Morrison has used the final leaders’ debate of the election campaign to implore voters to put a strong economy first, even if his government had been less than perfect. The Fin

Wait on for under-fives virus vaccine

Australia’s national medicines regulator said it would welcome new approval applications for COVID-19 vaccines for children under five, as delays in development and overseas authorisations slow progress here. The Fin

Woodside weighs up Europe for hydrogen

Woodside Energy aims to tap Europe’s enthusiasm for hydrogen, potentially investing in the production of green hydrogen or ammonia closer to the European market. The Fin

Mum & dad can’t bank on more time off

Labor is walking backwards from a “goal” to increase paid parental leave, with the party arguing “there isn’t room for every good idea” given Australia’s trillion-dollar debt. The West

Galileo soars with palladium-platinum discovery

WA uber prospector Mark Creasy could be set to add another trophy to his discovery cabinet after Galileo Mining reported a palladium-platinum find at its Norseman project. The West

 

 

The Australian Financial Review

Page 1: Beijing’s growing co-operation with the South Pacific is not a threat to Australia’s security, China’s local ambassador says, amid regional alarm a security pact with Solomon Islands could pave the way for a military base.

Scott Morrison has used the final leaders’ debate of the election campaign to implore voters to put a strong economy first, even if his government had been less than perfect.

Page 3: Business leaders and economists are urging West Australian Premier Mark McGowan to splash more of the state’s budget surplus on addressing skills shortages and to provide targeted cost of living relief amid the highest inflation in the country.

Page 10: A re-elected Coalition government will fast-track the removal of tax and red-tape barriers to boost the number of Australian-registered commercial ships that could be commandeered by the nation to secure supply chains during times of war, crisis or natural disaster.

Page 12: Australia’s national medicines regulator said it would welcome new approval applications for COVID-19 vaccines for children under five, as delays in development and overseas authorisations slow progress here.

Page 15: Billionaire Elon Musk said he would reverse Twitter’s ban on former US president Donald Trump when he buys the social media platform, articulating for the first time his stance on one of the most consequential decisions before him at the site.

Page 17: Cosmos Asset Management will charge no fees to investors in its bitcoin exchange traded fund for two months, bowing to the market’s frustration over a mysterious two-week delay and concerns about the high fees charged by the first movers in the much-hyped new category.

Building products group CSR is predicting another strong performance in the next 12 months as tradie shortages and supply chain disruptions mean an already strong pipeline of work in the detached housing market is stretching out to be ‘‘stronger for longer’’.

Page 19: The global growth in renewable energy generation from solar, wind and other sources increased to a record level in 2021 despite supply bottlenecks, soaring prices for commodities and construction delays, the International Energy Agency said.

Page 21: Woodside Energy aims to tap Europe’s enthusiasm for hydrogen, potentially investing in the production of green hydrogen or ammonia closer to the European market.

Page 23: GrainCorp shares have slumped as outsized expectations outweighed record half-year profits powered by high demand for Australian grain, oilseeds and vegetable oils due to bumper harvests and tight supply.

Page 24: Western Australia’s peak resources lobby group has appointed a former healthcare and banking executive as its next chief executive, again shunning prior industry experience.

 

 

The Australian

Page 1: Labor has refused to commit to formally asking the industrial umpire to grant a 5.1 per cent pay rise for the nation’s lowest-paid workers, one day after Anthony Albanese said he supported the increase, as employers warned it would drive up inflation and interest rates.

Labor would win government in its own right and secure a modest majority with 80 seats in parliament if an election were held today, according to the most sophisticated poll conducted across Australia measuring voter intention in every electorate in the country.

Page 2: The Anglican Church is teetering on the brink of a conservative walkout after church leaders narrowly voted down a bid to define marriage as being exclusively between a man and woman.

Page 5: Labor is on track to win at least two of the three seats it is targeting in Western Australia, but Scott Morrison looks set to avoid the sort of electoral decimation that befell the Liberals in the state election last year.

Page 15: National Australia Bank will instigate a cultural review into its trading team after senior managers asked staff to fabricate workplace surveys amid claims of bullying and harassment.

Page 16: The country’s largest brick and tile manufacturer, Brickworks, is believed to be entering the contest for BGC as the group that sells products under the Austral brand looks to assert itself in the West Australian market.

Page 18: AGL Energy says it is an “engineering impossibility” to replace all of its coal generation by 2030 with renewable energy capacity as a battle heats up over the merits of its demerger plan.

Page 19: Australia’s biggest private hospital provider, Ramsay Healthcare, is lifting its intake of graduate nurses to 750 this year in an effort to combat a chronic staff shortage as well as turbocharge its in-house career development program.

Page 21: Government agency Healthdirect says it built the public emergency referral system for Covid vaccine appointments in just two months, in what was a landmark effort.

 

 

The West Australian

Page 5: An explosion in COVID cases has prompted calls for the immediate return of mandatory mask-wearing — a move Premier Mark McGowan would not rule out, with further cuts to elective surgery also on the table.

Page 6: An overwhelming majority of West Australians are worried about cost of living pressures and rising interest rates but remain split about which of the men vying to lead Australia is best suited to tackle the urgent issues.

West Australian households will get a $400 credit towards their power bill in Thursday’s State Budget to help ease rising cost-of-living pressures.

Page 10: Labor is walking backwards from a “goal” to increase paid parental leave, with the party arguing “there isn’t room for every good idea” given Australia’s trillion-dollar debt.

Page 18: A crucial medical diagnosis tool at Sir Charles Gairdner Hospital — used to scan for cancer, heart and brain issues — has been out of action for large parts of the past year.

Business: An explosion of COVID-19 cases in WA is intensifying staffing woes, directly impacting businesses which continue to bear the brunt of skills shortages.

Shell’s Australian arm has lifted cumulative annual profits by the country’s four major offshore-owned energy producers past $7 billion with its own earnings rebound.

WA private company Schlam has won a $90 million products and services contract with Fortescue Metals Group, extending a decade-long partnership with the iron ore miner.

WA uber prospector Mark Creasy could be set to add another trophy to his discovery cabinet after Galileo Mining reported a palladium-platinum find at its Norseman project.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options