Morning Headlines

Staff shortages could delay $1.1b Oz mine

OZ Minerals is considering delaying its $1.1 billion West Musgrave nickel and copper project because of worker shortages, the risk of pandemic restrictions and inflationary pressures. The Fin

Rinehart plea on foot and mouth

Gina Rinehart says more money needs to be spent domestically and abroad on a ramped-up

biosecurity response to the Indonesian foot-and-mouth disease outbreak. The Aus

Lose, lose for building watchdog

The Albanese government faces a struggle in the Senate to abolish the Australian Building and Construction Commission, but is prepared to defund the watchdog should the legislation fail. The Fin

South32 delivers pleasant surprise on costs

South32 says it expects annual production costs to sit within guidance at the majority of its global operations, bucking the 2022 mining sector trend of cost blowouts. The Aus

Austal awarded $200m US Navy contract

Henderson-headquartered shipbuilder Austal will build two more rescue and salvage vessels for the US Navy under a new contract worth more than $200 million. The West

Miners warned to stamp out misogynist culture or pay the price financially

Sex Discrimination Commissioner Kate Jenkins says failure to stamp out sexual misconduct in the workplace has the potential to “significantly impact” the WA economy and she has urged companies to continue sharing their progress. The West

Wesfarmers pauses facial recognition

Wesfarmers’ retail chains Bunnings and Kmart have paused the use of facial recognition technology as the Australian Information Commissioner presses its investigation over privacy concerns. The Fin

Carmakers call for carbon target

Global car manufacturers are calling for mandatory emissions targets on themselves and warning the slow take-up of electric vehicles could leave Australia with less choice and – in the worst-case scenario – mean some right-hand-drive models are unviable. The Aus

Premier backs MacTiernan despite growing anger at foot-in-mouth minister

Pressure is mounting on Mark McGowan to give Alannah Mac-Tiernan the boot over her divisive foot-and-mouth disease comments, with a Federal MP saying she “is a danger to not just WA agriculture” but the whole State. The West

The Australian Financial Review

Page 1: The Albanese government faces a struggle in the Senate to abolish the Australian Building and Construction Commission, but is prepared to defund the watchdog should the legislation fail.

OZ Minerals is considering delaying its $1.1 billion West Musgrave nickel and copper project because of worker shortages, the risk of pandemic restrictions and inflationary pressures.

Page 4: Casual employees facing domestic violence will have the same access to paid leave as full-time and permanent workers under new laws to be introduced to parliament, with Labor giving small business a six-month reprieve on the cost.

Page 5: Big miners have rejected Taxation Commissioner Chris Jordan’s suggestion the industry was reluctantly dragged into paying more tax, as American oil giant ExxonMobil said it was trying to resolve the ATO’s concerns about the interest rates it charged on loans to its Australian subsidiaries.

Page 6: Workers’ share of national income moved within a steady band for the past 25 years but is now being skewed by mining profits, according to official data, undermining union claims that workers are being dudded by bosses.

Page 12: Genex Power is likely to seek a higher takeover bid from a consortium including Atlassian co-founder Scott Farquhar that wants the listed renewable energy company to play a bigger role in Australia’s clean energy transition.

Page 13: Acquisitive investment firm Perpetual says investors pulled $4 billion from its Australian and international funds in the June quarter as overall assets under management slipped 8 per cent to $90.5 billion.

Page 15: Wesfarmers’ retail chains Bunnings and Kmart have paused the use of facial recognition technology as the Australian Information Commissioner presses its investigation over privacy concerns.
Investors have soured on Domino’s Pizza Enterprises after the US company that owns the brand warned of rising costs, including a 30 per cent jump in mozzarella prices.

The Australian

Page 1: Labor and the Greens are inching closer to a deal on a 43 per cent emissions reduction target by 2030, with Energy Minister Chris Bowen open to exceeding the benchmark and considering more ambitious outcomes.

Page 2: Gina Rinehart says more money needs to be spent domestically and abroad on a ramped-up biosecurity response to the Indonesian foot-and-mouth disease outbreak.

Page 4: The Electrical Trades Union will seek to use the building code’s abolition to reinstate clauses that require employers to convert casuals to permanent employment, limit the use of labour hire and increase the employment of apprentices.

Page 13: Global car manufacturers are calling for mandatory emissions targets on themselves and warning the slow take-up of electric vehicles could leave Australia with less choice and – in the worst-case scenario – mean some right-hand-drive models are unviable.

Page 15: Buoyed by a solid rebound in global travel particularly in the northern hemisphere, Flight Centre has upgraded its earnings guidance and now expects to post an underlying loss of about $185m for the year to June 30.

South32 says it expects annual production costs to sit within guidance at the majority of its  global operations, bucking the 2022 mining sector trend of cost blowouts.

The West Australian

Page 5: A BHP FIFO worker has tearfully recounted to a jury how she was allegedly raped eight times by her colleague when the pair were off-swing in Perth and that he forced her to perform oral sex on him before telling her that he could tell she was “not into guys”.

Page 11: The number of West Australians in hospital with COVID continues to fall — reaching 432 on Monday — but Premier Mark McGowan warned the decline was “not definitive” and the worst of the winter Omicron wave was expected next month.

Page 14: Pressure is mounting on Mark McGowan to give Alannah Mac-Tiernan the boot over her divisive foot-and-mouth disease comments, with a Federal MP saying she “is a danger to not just WA agriculture” but the whole State.

Business: Sex Discrimination Commissioner Kate Jenkins says failure to stamp out sexual misconduct in the workplace has the potential to “significantly impact” the WA economy and she has urged companies to continue sharing their progress.

Motorists across Australia are expected to see continued easing of petrol prices as crude oil continues to fall amid concerns global rate hikes will lead to slower economic activity.

Henderson-headquartered shipbuilder Austal will build two more rescue and salvage vessels for the US Navy under a new contract worth more than $200 million.