No experience needed for six-figure FMG salaries
About 700 FIFO jobs paying “top of the market” six-figure salaries — including for workers with no experience — are on offer at WA’s newest iron ore mine, with a recruitment drive launching on Monday. The West
Food inflation shoots up faster than expected
Food inflation is rising at a faster rate than expected across fresh and dry grocery foods, with multiple price rises by suppliers this year being passed on to shoppers, supporting sales growth at supermarket giants Coles Group and Woolworths throughout 2023. The Fin
Mining faces cyber threat
Australian chief executives expect just over a third of cyber attacks in 2023 could stem from operational technology systems, potentially threatening Western Australia’s mining and industrial sectors. The West
Murdoch media merge plan was news to execs
News Corp’s most senior Australian executives woke up on Saturday morning to discover that Rupert Murdoch is seeking to recombine the Fox and News Corp businesses he split almost a decade ago. The Fin
Regions hit to pay for PM’s wishlist
Labor will target more than $10bn in funding for regional projects championed by the Nationals to “rebalance’’ next week’s budget in order to implement Anthony Albanese’s election promises, which include cheaper childcare and medicines and a pay rise for aged-care workers. The Aus
Struggling Clough for sale
Clough has put itself up for sale amid deepening financial problems that could disrupt major energy projects, including the federal government’s giant Snowy 2.0 hydro scheme. The Aus
Xi ramps up national security
Xi Jinping has issued a fresh warning he is willing to use force to reunify China with Taiwan, in an opening speech to the five-yearly meeting of the Communist Party’s National Congress in Beijing, where he spoke of ‘‘dangerous storms’’ ahead and emphasised national security above economic growth. The Fin
Australia a ‘viable target’ for hackers
The cyberattack suffered by Woolworths, the third such strike to hit a major Australian business in less than a month, demonstrates the lack of preparedness by some companies to defend themselves against hackers. The Fin
IGO boss Bradford dies suddenly
IGO has paid tribute to its late managing director Peter Bradford as a man of “endearing humility and enormous humanity” after the businessman died suddenly at the weekend. The Aus
The Australian Financial Review
Page 1: Xi Jinping has issued a fresh warning he is willing to use force to reunify China with Taiwan, in an opening speech to the five-yearly meeting of the Communist Party’s National Congress in Beijing, where he spoke of ‘‘dangerous storms’’ ahead and emphasised national security above economic growth.
Page 3: The cyberattack suffered by Woolworths, the third such strike to hit a major Australian business in less than a month, demonstrates the lack of preparedness by some companies to defend themselves against hackers.
Page 6: A slowdown sparked by high inflation, higher interest rates and falling real wages will push almost 150,000 people onto the dole queue by the end of next year, according to KPMG’s latest outlook for Australia’s economy.
Australia could get fast-tracked access to high-end missiles, with one of the world’s top defence companies, Lockheed Martin, ordering and paying for key components out of its own pocket in recognition of the Defence Department’s urgent need to build up arms.
Page 9: News Corp’s most senior Australian executives woke up on Saturday morning to discover that Rupert Murdoch is seeking to recombine the Fox and News Corp businesses he split almost a decade ago.
Page 13: Australia’s largest superannuation funds say they are stockpiling cash and stress testing their solvency amid an escalating offshore pension fund crisis and a global shift toward owning safer assets.
Page 14: African gold miner Resolute Mining is thinking about taking the quick route to balance sheet repair and to help restock its war chest for works at its Syama project in Mali.
Page 16: Food inflation is rising at a faster rate than expected across fresh and dry grocery foods, with multiple price rises by suppliers this year being passed on to shoppers, supporting sales growth at supermarket giants Coles Group and Woolworths throughout 2023.
The Australian
Page 1: Labor will target more than $10bn in funding for regional projects championed by the Nationals to “rebalance’’ next week’s budget in order to implement Anthony Albanese’s election promises, which include cheaper childcare and medicines and a pay rise for aged-care workers.
Teachers are relying on YouTube, Facebook and Pinterest to source teaching materials in a “lesson lottery’’ for students that will prompt a national review of curriculum planning.
Page 3: The issue of sportswashing has exploded, with the Diamonds netball team in a battle over a sponsor and some in the world of cricket agitated at seeing the ICC sell World Cup sponsorship to a Saudi Arabian oil company.
Page 4: Religious leaders are urging Anthony Albanese to reverse his opposition to a “statements of belief” clause in religious discrimination legislation which would offer explicit protection for people of faith from being sacked by their employer over voicing their beliefs.
Labor is facing calls from unions, advocacy groups and the Greens to go further on paid parental leave after announcing on Saturday it would expand the program to 26 weeks and give parents full flexibility to take the entitlement “in a way that works best for them”.
Page 6: Six universities will be hit by strikes in the next 10 days as the National Tertiary Education Union ramps up industrial action in support of pay rises, better job security and improved workloads.
Page 13: RealtyAssist, Domain Holdings’ new finance partner, is providing vendor loans of up to $5m without having a credit licence – a move that has seen it become the target of complaints lodged with the corporate regulator.
Clough has put itself up for sale amid deepening financial problems that could disrupt major energy projects, including the federal government’s giant Snowy 2.0 hydro scheme.
Page 14: Top names in private equity have emerged as lenders to GenesisCare as distressed debt investors hover around the country’s largest cancer care provider, owned by Kohlberg Kravis Roberts.
Page 15: IGO has paid tribute to its late managing director Peter Bradford as a man of “endearing humility and enormous humanity” after the businessman died suddenly at the weekend.
The West Australian
Page 1: About 700 FIFO jobs paying “top of the market” six-figure salaries — including for workers with no experience — are on offer at WA’s newest iron ore mine, with a recruitment drive launching on Monday.
Page 5: The Federal Opposition says the Albanese Government has ripped $1.2 billion away from WA by dropping the Perth Freight Link funding from the Federal Budget.
Business: China’s key economic data this week will likely show a fragile recovery as stringent COVID policies and a property-market slump continue to batter consumer and business confidence.
Australian chief executives expect just over a third of cyber attacks in 2023 could stem from operational technology systems, potentially threatening Western Australia’s mining and industrial sectors.
The number of carbon capture and storage projects globally has grown 44 per cent over the past year to a record 196, according to the Global CCS Institute.
