Maritime mayhem threatens WA grain
Federal Workplace Relations Minister Tony Burke has been branded as too chicken to take on his Maritime Union of Australia supporters in a row that threatens WA’s grain exports. The West
FWC moves to end port threat to economy
The Fair Work Commission has taken steps to stop an indefinite employer lockout that threatens to shut down ports around the country and disrupt grain exports and food imports. The Fin
New directors will press AGL on shift to clean energy
The new directors of AGL Energy nominated by software billionaire Mike Cannon-Brookes’ Grok Ventures have vowed to press the company to cut emissions as fast as possible and meet the demands of its customers to move rapidly to renewable energy as coal-fired power stations shut down over the next decade. The Fin
Incitec demerger plan splits investors
Incitec Pivot managing director Jeanne Johns says ‘‘a lot’’ of shareholders support her plan to split Incitec into two separate companies, but big investors said the concessions announced yesterday had not appeased their opposition to the plan. The Fin
Qantas on IR: flight routes will die
Qantas says some existing marginal flight routes and services could be shut down under the Albanese government’s proposed industrial relations reforms, which it claimed would destroy demand for flying because of increased costs. The Aus
Flood of foreign workers to fill skills gap
Foreign workers will be recruited by nearly half Australia’s businesses this year to plug trade and technical skills shortages, as the Albanese government works to keep more apprentices in training. The Aus
RBA lost face with its ‘broken promise’
The Reserve Bank of Australia has admitted it suffered considerable reputational damage by putting a timeframe on its rate forecasts, saying it would be more flexible in the future. The West
Ord River cotton gin to export by 2025
East Kimberley cotton gin will be ready in time for the 2025 picking season, with exports of the Ord crop to begin soon after, the company behind the project has announced. The West
Calls for leaders to take data seriously
Corporate leaders have urged businesses to fully integrate a culture of cybersecurity, claiming it should not take half the country’s data being swiped for action to be taken. The West
The Australian Financial Review
Page 1: Australia and China buried the hatchet with a historic meeting between Anthony Albanese and President Xi Jinping last night, but both sides cautioned there was a long way to go before the relationship would return to normal.
Page 3: The Fair Work Commission has taken steps to stop an indefinite employer lockout that threatens to shut down ports around the country and disrupt grain exports and food imports.
Australian Border Force Commissioner Michael Outram concedes that Australia’s national borders are being infiltrated by illegal drugs, tobacco, money laundering and sex trafficking and is ‘‘ringing the alarm bell’’ for more powers and resources to fight criminals.
Page 6: Industries hit by Beijing’s trade sanctions say they are keen to return to the lucrative Chinese market if bans are lifted, although they will be cautious about becoming too reliant on a single customer again to hedge against future tensions.
Page 9: Technology, mining and life sciences companies are planning to hand down the highest median pay rises in 2023, a survey of more than 1000 Australian organisations has revealed.
Page 14: The new directors of AGL Energy nominated by software billionaire Mike Cannon-Brookes’ Grok Ventures have vowed to press the company to cut emissions as fast as possible and meet the demands of its customers to move rapidly to renewable energy as coal-fired power stations shut down over the next decade.
Page 17: Incitec Pivot managing director Jeanne Johns says ‘‘a lot’’ of shareholders support her plan to split Incitec into two separate companies, but big investors said the concessions announced yesterday had not appeased their opposition to the plan.
The Australian
Page 1: Large manufacturers are being offered gas contracts for 2023 at rates up to five times the levels being offered a year ago, with Labor warning that factories will shut down unless it makes an urgent market intervention to cut prices.
Qantas says some existing marginal flight routes and services could be shut down under the Albanese government’s proposed industrial relations reforms, which it claimed would destroy demand for flying because of increased costs.
Page 4: Foreign workers will be recruited by nearly half Australia’s businesses this year to plug trade and technical skills shortages, as the Albanese government works to keep more apprentices in training.
Page 6: West Australian Premier Mark McGowan has defended the state’s handling of juvenile detainees, revealing that prison guards had been assaulted by young offenders hundreds of times in the past year.
Page 7: Anthony Albanese has told world leaders that Australian food exports could help avert global famine and declared the country’s prospects as a green energy giant will prove decisive in the shift to a low carbon future.
Page 13: Commonwealth Bank chief executive Matt Comyn says it will take about six months for signs of stress to emerge in the economy, providing a key reading on how aggressive rate tightening is hitting households and businesses.
Page 15: Mortgage broking group Lendi – which includes Aussie Home Loans – is losing two of its four founders, with the company linking the shake-up to different management approaches.
The West Australian
Page 3: WA Chief Health Officer Andy Robertson expects the new wave of COVID-19 to peak in early December — but has ruled out bringing back mask-wearing measures for now.
Page 8: A mothballed COVID facility has been touted as part of the solution to WA’s youth detention crisis as the Government prepares for emergency meetings.
Page 12: A planned strike involving more than 500 nurses at Fiona Stanley Hospital on Wednesday has been called off after the Australian Nursing Federation reached inprinciple agreement on a new wages offer.
Page 19: A former British cabinet minister has lashed out at the post-Brexit trade deal with Australia, saying it was not a very good deal for Britain.
Business: Federal Workplace Relations Minister Tony Burke has been branded as too chicken to take on his Maritime Union of Australia supporters in a row that threatens WA’s grain exports.
West Australian businesses ensnared in the trade war between Australia and China say they are “cautiously optimistic” after Anthony Albanese’s meeting with Xi Jinping, which marked an end to the diplomatic deep freeze between Canberra and Beijing.
A lack of detail in Australia’s energy transition is holding back new investment and stalling boardroom decisions, a new survey has revealed.
The Reserve Bank of Australia has admitted it suffered considerable reputational damage by putting a timeframe on its rate forecasts, saying it would be more flexible in the future.
West Australians began to rein in spending and became more intentional with purchases in October as cost-of-living pressures started to trickle through to hip pockets.
East Kimberley cotton gin will be ready in time for the 2025 picking season, with exports of the Ord crop to begin soon after, the company behind the project has announced.
Corporate leaders have urged businesses to fully integrate a culture of cybersecurity, claiming it should not take half the country’s data being swiped for action to be taken.
