Morning Headlines

Wednesday, 22 June, 2022 - 07:05
Category: 

Regulator’s handling of rapes in spotlight ahead of inquiry findings

WA’s mining regulator has appointed an independent expert to examine how it responds to sexual assaults in the sector just a day before the release of a report that is expected to reveal significant failings by the mines department. The West

Law set to give regulator power to slap Crown with huge penalty

The maximum penalty WA’s gambling regulator can fine the operator of Crown casino will dramatically increase from $100,000 to $100 million under new laws to be unveiled on Wednesday. The West

New Gudai-Darri mine leads Rio Tinto’s iron ore recovery

Rio Tinto could make another billion-dollar investment decision on a new Australian iron ore mine in the coming year, as completion of the $US3.1 billion ($4.5 billion) Gudai-Darri mine soothes its operational struggles and turns the focus onto the next wave of investment. The Fin

Children under five could get COVID-19 jabs within weeks

Australia could begin offering COVID-19 vaccinations to children under five within weeks, as the federal government’s expert advisory panel considers an application from drug giant Moderna. The Fin

Boral to sell tech company Found Concrete in portfolio clean-up

Boral is putting up for sale an app-based digital tech company that enables builders and DIY renovators to order concrete deliveries from seven different suppliers, under a back-to-basics approach by chairman Ryan Stokes. The Fin

Halcyon days ‘over’ for the big four banks

An influential fund manager says the major banks “are not the oligopoly they used to be”, with share prices still elevated despite a recent correction and soured loans set to return to higher levels. The Aus

Perth-Africa next up for Qantas

Qantas is close to announcing a new three-times weekly flight to Johannesburg from Perth from November 1 this year in a major travel boost for Western Australia. The West

Musk says supply is Tesla’s big constraint

Tesla chief executive Elon Musk has warned that supply constraints are the biggest brake on the electric-car maker’s growth. The West

Fire in the belly no coincidence for new WA gin

A distillery in the Perth Hills has released a flame-coloured gin “as strong as the firefighters” that saved it from burning to the ground during last year’s devastating Wooroloo bushfires. The West

 

 

The Australian Financial Review

Page 1: Reserve Bank of Australia governor Philip Lowe has sought to put a lid on wages growth of about 3.5 per cent and warned regular pay rises of 4 per cent to 5 per cent risked entrenching higher inflation.

Page 2: Australia could begin offering COVID-19 vaccinations to children under five within weeks, as the federal government’s expert advisory panel considers an application from drug giant Moderna.

Page 8: SPC boss Robert Giles says higher energy prices will force the canned fruit and vegetable producer to raise prices again if it does not receive urgent government support.

Page 11: Opposition Leader Peter Dutton has downplayed the concerns of moderate MPs in his ranks over climate change and reiterated that the Coalition does not support legislating emission reductions targets.

Page 15: Energy investors say a historic mobilisation of manufacturing resources on the scale of the post-WWII program to build the original Snowy hydro scheme is needed to enable the building of huge amounts of clean energy capacity to replace ageing coal power plants.

Rio Tinto could make another billion-dollar investment decision on a new Australian iron ore mine in the coming year, as completion of the $US3.1 billion ($4.5 billion) Gudai-Darri mine soothes its operational struggles and turns the focus onto the next wave of investment.

Page 17: Humm chairman Christine Christian says she is proud of the board’s actions in the face of what she has described as ‘‘multiple, aggressively worded threats’’ from the group’s biggest shareholder and founder.

Page 19: Boral is putting up for sale an app-based digital tech company that enables builders and DIY renovators to order concrete deliveries from seven different suppliers, under a back-to-basics approach by chairman Ryan Stokes.

 

 

The Australian

Page 1: The Albanese government will provide 4200 GPS trackers to Sri Lankan authorities to monitor the nation’s fishing fleet to prevent its vessels being used by people smugglers to bring desperate migrants to Australia.

Page 2: Buying is now cheaper than renting for almost a third of Australian homes, as expected interest rate increases make it harder for homeowners to make repayments.

Page 3: Global tennis legend Martina Navratilova has hailed increasing bans on trans athletes in international competitions as a huge step forward for “fairness” in female sports, saying the “topsy-turvy” gender stances of sporting authorities are now heading in the right direction.

Passengers flying with Qantas will no longer have to wear face masks on selected non-stop international flights, despite other airlines including Virgin still imposing the mandate.

Page 13: An influential fund manager says the major banks “are not the oligopoly they used to be”, with share prices still elevated despite a recent correction and soured loans set to return to higher levels.

The country’s largest landholder, the Australian Agriculture Company, has left unexplained the abrupt exit of its chief executive – whose departure was effective immediately despite the lack of a permanent replacement.

Page 21: Labor shortages have led to an abundance of jobs for tertiary students, leaving many of them better off now than if Covid had never had happened.

 

 

The West Australian

Page 3: The maximum penalty WA’s gambling regulator can fine the operator of Crown casino will dramatically increase from $100,000 to $100 million under new laws to be unveiled on Wednesday.

Page 7: WA’s mining regulator has appointed an independent expert to examine how it responds to sexual assaults in the sector just a day before the release of a report that is expected to reveal significant failings by the mines department.

Page 10: A new plan will be drawn up to modernise and expand the much-maligned Perth Convention and Exhibition Centre after property giant Brookfield acquired a 50 per cent stake in the leasehold.

Page 11: Qantas is close to announcing a new three-times weekly flight to Johannesburg from Perth from November 1 this year in a major travel boost for Western Australia.

Business: Australian stocks and iron ore have finally snapped their losing streaks, rebounding for their first gains in more than a week despite concerns about inflation and rising interest rates.

A distillery in the Perth Hills has released a flame-coloured gin “as strong as the firefighters” that saved it from burning to the ground during last year’s devastating Wooroloo bushfires.

Tesla chief executive Elon Musk has warned that supply constraints are the biggest brake on the electric-car maker’s growth.