Union 6, Woodside 0 in gas battle
Woodside is fighting a union push to collectively bargain at its offshore gas platforms for the first time in almost 30 years, launching six legal objections in the past three months – and losing everyone. The Fin
Scramble to save millions
Nearly 10 million Australians re-main in the dark over the security of their personal information as Optus, the banks and state and federal governments scramble to protect victims of the telco’s massive data breach from a wave of identity theft and online scams.t The Aus
Thiess makes its MACA offer unconditional
MACA investors have been told that Thiess’s bid is now unconditional, even though the mining group has failed to obtain at least half of the Perth-based company’s shares by a self-imposed deadline, following its $367 million takeover bid. The Fin
Stand-off over gas price caps
Resources Minister Madeleine King has demanded the three major east coast gas producers sign a government-drafted deal that may include what some industry figures slammed as an ‘‘unworkable’’ and distortionary price cap mechanism to shield domestic manufacturers. The Fin
Harvey slams retrospective dividend hit
Shareholders in listed companies including Westpac and Harvey Norman could receive shock tax bills as a result of the Albanese government’s proposed retrospective crackdown on franked dividends funded by capital raisings. The Fin
Harassment, bullying keep ESG top risk
Rising concerns about bullying, sexual harassment and workplace culture has resulted in environmental, social and governance concerns again topping a list of identified risks in a survey of mining bosses. The West
$900m saving on childcare reforms but bill faces hurdles
Labor’s childcare reforms are fac-ing significant hurdles, with the Greens and the Coalition raising concerns with the $4.5bn package and urging the government to first set out its workforce plan for the early childhood sector. The Aus
BGC heirs get $24m dividend
The heirs of the late WA magnate Len Buckeridge shared a $24 million payout before the building products and residential construction empire he founded in the 1960s was put back on the market. The West
WA a safe harbour for Fremantle Ports
Total trade at Fremantle Port slipped almost 7 per cent to 28.3 million tonnes last financial year, however a booming WA economy ensured activity remained strong through the inner harbour. The West
The Australian Financial Review
Page 1: Resources Minister Madeleine King has demanded the three major east coast gas producers sign a government-drafted deal that may include what some industry figures slammed as an ‘‘unworkable’’ and distortionary price cap mechanism to shield domestic manufacturers.
Page 3: Shareholders in listed companies including Westpac and Harvey Norman could receive shock tax bills as a result of the Albanese government’s proposed retrospective crackdown on franked dividends funded by capital raisings.
Woodside is fighting a union push to collectively bargain at its offshore gas platforms for the first time in almost 30 years, launching six legal objections in the past three months – and losing every one.
Page 9: The Albanese government should do more on decarbonisation even if it results in higher costs, investors have told a new report by Infrastructure Partnerships Australia.
Page 15: Influential superannuation fund HESTA will continue to apply pressure on AGL to transition to a low-carbon future, as it simultaneously attempts to convince members of the value of engagement over divestment, as the energy giant gears up to release its strategy revamp.
Page 17: Fortescue boss Andrew Forrest has hit back at analysts’ claims that his $US6.2 billion ($9.6 billion) decarbonisation plan will force him to cut dividend payouts.
MACA investors have been told that Thiess’s bid is now unconditional, even though the mining group has failed to obtain at least half of the Perth-based company’s shares by a self-imposed deadline, following its $367 million takeover bid.
The Australian
Page 1: Nearly 10 million Australians remain in the dark over the security of their personal information as Optus, the banks and state and federal governments scramble to protect victims of the telco’s massive data breach from a wave of identity theft and online scams.
Page 3: Motorists can expect it will take on average five days for the petrol in pumps to include the additional 25c a litre in fuel tax after the temporary excise relief ends at midnight on Wednesday.
Page 4: Major superannuation funds have called on the federal government to set a 75 per cent by 2035 emissions reduction target, raising pressure on Anthony Albanese to unveil his next Paris Agreement commitment ahead of an election due in 2025.
Page 5: Labor’s childcare reforms are facing significant hurdles, with the Greens and the Coalition raising concerns with the $4.5bn package and urging the government to first set out its workforce plan for the early childhood sector.’
Page 6: A review of Australia’s vaccine purchasing and procurement has recommended a shake-up of the nation’s vaccine advisory structures, saying there is “significant confusion” among the public over advice on booster shots and ongoing vaccination.
Page 13: Australian companies are set to face a significant financial and management challenge as their workers clock up an increase of almost 20 per cent in days off for mental health compared with the pre-Covid era.
Page 15: Australian banks are among the most vulnerable in the region to cyber attack, with the shift of data to the cloud, working from home and increasingly interconnected fintechs meaning the risks of being hacked are on the rise.
Page 21: The Productivity Commission is calling on universities to make it easier for academics to work in consultancy roles with industry and government so the latter two groups can gain more benefit from university-sourced innovation and knowledge.
The West Australian
Page 3: Average petrol prices across Perth will surge today on the eve of the petrol excise increase — but FuelWatch insists the spike is not a sign of price gouging.
An Education Department director charged as part of a historic blitz on suspected child sex offenders has pleaded guilty to possessing child exploitation material.
Page 4: Thugs convicted of carrying out violent attacks in entertainment precincts will be banned from parts of the Perth CBD and Northbridge, Scarborough, Hillarys, Fremantle and Mandurah for five years.
Page 8: Labor is poised to abolish the cashless welfare debit card despite Opposition concerns it will lead to a spike in drug use, violence and antisocial behaviour.
Page 12: The WA Cricket Association has been rocked by yet another resignation of a board member, the fifth in a matter of months.
Business: The heirs of the late WA magnate Len Buckeridge shared a $24 million payout before the building products and residential construction empire he founded in the 1960s was put back on the market.
Recruitment is set to become much more challenging, with another 1.2 million more workers needed by 2026 according to the latest government figures.
Rising concerns about bullying, sexual harassment and workplace culture has resulted in environmental, social and governance concerns again topping a list of identified risks in a survey of mining bosses.
Shares in MetalsGrove Mining have more than doubled after it said surface field mapping and rock chip sampling had confirmed multiple outcropping pegmatite dykes at its Coondina lithium project in the Pilbara.
Total trade at Fremantle Port slipped almost 7 per cent to 28.3 million tonnes last financial year, however a booming WA economy ensured activity remained strong through the inner harbour.
