Labor changes tune on WA coal imports
Western Australia’s Labor government has performed a stunning backflip on the issue of coal imports as South32 looks to overseas suppliers to power its Worsley alumina refinery. The Fin
$100m for critical minerals
The Federal Government is tipping nearly $100 million into the critical minerals industry as part of its efforts to reach net zero by 2050 and to make WA a renewable hydrogen superpower. The West
Rail strike scare fuels coal surge
The threat of a crippling rail strike drove up Australian energy stocks yesterday before an 11th-hour intervention by the Biden administration appeared to head off what could still worsen the US economy’s inflation nightmare. The Fin
Labor ‘dragging its feet’ on trade deals
The Coalition has accused the Albanese government of “dragging its feet” on ratifying free-trade agreements with Britain and India, as farmers warn a failure to finalise the deals by January will result in a year’s worth of lost tariff reductions. The Aus
Grocers refuse to renew multi-employer deals
Independent supermarket retailers are set to end their long practice of multi-employer agreements because the test for approving the deals is too strict to allow the flexibilities they want. The Fin
Virgin Australia ‘in buyout talks with Air NZ, Rex’
Bain Capital’s Virgin Australia and Air New Zealand are understood to have held recent discussions about a merger of the two airlines at a time when Virgin is also assessing whether it could buy regional airline Rex, sources say. The Aus
Germany wants our hydrogen quick smart
Top German financiers and industrialists say Australia can overcome the tyranny of distance and become an important supplier of green hydrogen to their country, which expects first shipments of the flammable gas in 2025 with a tipping point to scale production around 2030. The Fin
All fired up over ‘low ball’ pay offer
Firefighters are the latest public sector workers to reject the McGowan Government’s revised wages policy, calling the offer “not good enough” and demanding an end to centralised bargaining that has prevented individual unions from striking their own deals. The West
Ethereum completes merge to secure trade
Ethereum’s biggest-ever upgrade has completed, in what industry experts are calling a game-changer for the entire crypto sector. The West
The Australian Financial Review
Page 1: The threat of a crippling rail strike drove up Australian energy stocks yesterday before an 11th-hour intervention by the Biden administration appeared to head off what could still worsen the US economy’s inflation nightmare.
Page 2: The mining union will invoke the construction division’s lawlessness to justify splitting from the CFMEU in a fresh attempt to break away from the John Setka-dominated union.
Page 3: Independent supermarket retailers are set to end their long practice of multi-employer agreements because the test for approving the deals is too strict to allow the flexibilities they want.
Page 6: Early access to superannuation savings at the height of the COVID-19 pandemic delayed unemployed Australians returning to work, and looks likely to have added at least $600 million to the nation’s welfare bill.
Page 8: Criminals are using the brands of Commonwealth Bank of Australia and London-headquartered funds asset manager Aviva Investors in attempts to defraud potential investors with fake, high-yield bond offerings.
Page 13: Star Entertainment interim chairman Ben Heap has apologised and pledged sweeping reforms of the gambling company’s operations to win back the confidence of the regulator and retain its lucrative flagship casino licence in Sydney.
Top German financiers and industrialists say Australia can overcome the tyranny of distance and become an important supplier of green hydrogen to their country, which expects first shipments of the flammable gas in 2025 with a tipping point to scale production around 2030.
Page 14: The big-ticket item on Mineral Resources boss Chris Ellison’s to-do list is obviously sussing out its US lithium spin-off, but he’s still got his ear to the ground for any breakout stars.
Page 15: The boss of department store chain Myer, John King, is tipping solid Christmas trade, defying predictions consumers could be battered by further steep interest rate increases as the Reserve Bank strives to tame inflation.
Page 16: Western Australia’s Labor government has performed a stunning backflip on the issue of coal imports as South32 looks to overseas suppliers to power its Worsley alumina refinery.
Page 17: Woodside Energy says its proposed Browse LNG project in Western Australia can contribute to achieving the goals of the Paris climate accord in its final environmental impact statement for the venture, which is fiercely opposed by environmental groups.
The Australian
Page 1: Australia has ruled out pursuing a “bespoke’’ design for its future nuclear submarines under the AUKUS pact, with Defence Minister Richard Marles declaring the boats will be the same as those operated by either the US or UK.
Page 2: The Coalition has accused the Albanese government of “dragging its feet” on ratifying free-trade agreements with Britain and India, as farmers warn a failure to finalise the deals by January will result in a year’s worth of lost tariff reductions.
Page 3: Australian experts say the World Health Organisation’s pronouncement that “the end is in sight” for the Covid-19 pandemic brings our country another step closer to managing the disease in a similar way to influenza but warn that hospital capacity will need to be further bolstered to cope with simultaneous winter respiratory virus waves.
Page 15: AGL Energy is embroiled in a fresh crisis after shareholders revolted against the appointment of its next chair, Paula Dwyer, with the veteran company director abandoning the role.
Page 16: Bain Capital’s Virgin Australia and Air New Zealand are understood to have held recent discussions about a merger of the two airlines at a time when Virgin is also assessing whether it could buy regional airline Rex, sources say.
Page 17: Crown Resorts is adding more Las Vegas-linked firepower to its leadership team, installing a former Sands executive to oversee its new $2.2bn Sydney casino.
Cheap airfares are rapidly becoming a rarity in Australia, with government data showing discount -ed fares are at their highest price level in more than 14 years.
The West Australian
Page 18: Children were detained at Perth Watch House police lock-up this week because the crisis-plagued Banksia Hill youth detention centre was unable to take them.
Page 26: Firefighters are the latest public sector workers to reject the McGowan Government’s revised wages policy, calling the offer “not good enough” and demanding an end to centralised bargaining that has prevented individual unions from striking their own deals.
Farmers have ripped into Qantas for serving foreign-sourced cheese and crackers aboard its flights.
Business: WA’s run of low unemployment continued, with official Australian Bureau of Statistics data released on Wednesday putting the State’s rate at 3.1 per cent, a decline from 3.2 per cent in July.
Ethereum’s biggest-ever upgrade has completed, in what industry experts are calling a game-changer for the entire crypto sector.
The Federal Government is tipping nearly $100 million into the critical minerals industry as part of its efforts to reach net zero by 2050 and to make WA a renewable hydrogen superpower.
Shell chief executive Ben van Beurden will step down at the end of this year after almost 40 years at the company, to be replaced by the firm’s head of gas and renewables, Wael Sawan.
BHP has lost a legal tussle over claims it and Lendlease conspired through “predatory behaviour” to send a fledgling North West accommodation provider under after the iron ore market deteriorated seven years ago.
