Morning Headlines

Monday, 28 November, 2022 - 07:00
Category: 

Albanese delivers for unions

The most union-friendly workplace laws in decades, which extend controversial multi-employer bargaining laws to much of the economy, are set to pass the Senate this week after the Albanese government brokered a late-night deal with independent senator David Pocock. The Fin

18,800 free training places to tackle State skills shortage

A one-year deal has just been struck between Mark McGowan and the Commonwealth to urgently address the skills shortage crisis crippling WA. The West

Seven looks outside the sporting box

Seven is actively negotiating with several Australian sporting bodies about the logistics of shifting their competition schedules to January from 2025 onwards, as the network confronts the possibility that it might not have broadcast rights for either top-tier summer sport – tennis or cricket – in two years’ time. The Aus

Costs kill Ertech earnings

Leaping labour and raw material costs have swamped a revenue surge at Ertech, consigning one of WA’s biggest privately owned civil contractors to a loss despite a swelling order book. The West

Coal and gas giants to begin paying record tax

Coal and natural gas giants will begin paying record levels of tax this year, tallying into the many billions of dollars, according to the Australian Tax Office, with $12 billion expected from a crackdown on transfer pricing alone. The Fin

Corruption body to change public service behaviour

The new federal anti-corruption commission will change public service behaviour, with officials needing to prepare to be complained about and to defend their decisions through better record-making, Prime Minister and Cabinet secretary Glyn Davis says. The Fin

Aurelia pegged for takeover

Management departures at Aurelia Metals have some pegging the Australian listed group as the next takeover target in the gold mining space. The Aus

Pressure to lift JobSeeker gets annual review

The Albanese government has agreed to annually review the adequacy of benefits for the unemployed and other welfare recipients, under a deal struck by independent senator David Pocock to pass workplace relations legislation. The Fin

ALP warned against gas intervention

US oil giant ConocoPhillips has cautioned Anthony Albanese against intervention in the domestic gas market, warning it could backfire by increasing supply shortages, as Labor hinted a looming crackdown aimed at cutting prices may fail to satisfy both producers and manufacturers. The Aus

 

 

The Australian Financial Review

Page 1: The most union-friendly workplace laws in decades, which extend controversial multi-employer bargaining laws to much of the economy, are set to pass the Senate this week after the Albanese government brokered a late-night deal with independent senator David Pocock.

The stock exchange will have new pricing controls imposed on its clearing and settlement of securities trading, with the federal government and regulators set to crack down on its monopoly over proof of share ownership.

Page 3: The new federal anti-corruption commission will change public service behaviour, with officials needing to prepare to be complained about and to defend their decisions through better record-making, Prime Minister and Cabinet secretary Glyn Davis says.

Page 12: The Albanese government has agreed to annually review the adequacy of benefits for the unemployed and other welfare recipients, under a deal struck by independent senator David Pocock to pass workplace relations legislation.

Page 16: Coal and natural gas giants will begin paying record levels of tax this year, tallying into the many billions of dollars, according to the Australian Tax Office, with $12 billion expected from a crackdown on transfer pricing alone.

Page 23: Soaring demand for its satellite earth-scanning technology by companies hunting for lithium, rare earths and copper to power the shift to electric vehicles has prompted Fleet Space Technologies to embark on a capital raising larger than its $39 million raise a year ago.

 

 

The Australian

Page 2: Employers say changes to the government’s industrial relations bill secured by Senate crossbencher David Pocock have done little to address their concerns that the new laws will provoke strikes and threaten jobs.

Page 3: A “slow school’’ transformation of education is needed as overworked and overwhelmed students and teachers struggle with stress, a psychology expert has warned.

Page 13: US oil giant ConocoPhillips has cautioned Anthony Albanese against intervention in the domestic gas market, warning it could backfire by increasing supply shortages, as Labor hinted a looming crackdown aimed at cutting prices may fail to satisfy both producers and manufacturers.

Bunnings is facing ballooning warehousing costs to store hardware stock it aggressively pre-ordered to support expected strong sales over spring and Christmas, only to see demand crimped by poor weather across much of the country.

Page 14: Management departures at Aurelia Metals have some pegging the Australian listed group as the next takeover target in the gold mining space.

Australian listed asset manager Perpetual is believed to be planning to explore options for its $1.3bn corporate trust unit after completing its $2.1bn acquisition of rival Pendal, which could result in part of the business being sold.

Page 15: Australia’s obsession with online shopping is beginning to wane as inflation eats into disposable incomes and bricks and-mortar stores rebound from three pandemic-plagued years, says the boss of DHL Express Australia.

Page 19: Seven is actively negotiating with several Australian sporting bodies about the logistics of shifting their competition schedules to January from 2025 onwards, as the network confronts the possibility that it might not have broadcast rights for either top-tier summer sport – tennis or cricket – in two years’ time.

 

 

The West Australian

Page 3: A star midfielder who came back from the dead on a soccer pitch just two years ago stands between Australia and an against-the-odds escape from the World Cup’s group stage.

Page 6: WA police officers are confronted by dangerous crooks wielding firearms at least once a week in the line of duty, disturbing figures reveal.

Page 8: The McGowan Government’s crisis summit and multi-million dollar funding package for WA’s “inhumane” juvenile detention centre have been slammed as a “political stunt” by leading voices pushing for reform of the facility.

Page 10: The Australian Nursing Federation has been ordered by the workplace umpire to hand over its membership register and the electoral roll at the union’s recent, closely fought leadership contest.

Page 11: A one-year deal has just been struck between Mark McGowan and the Commonwealth to urgently address the skills shortage crisis crippling WA.

Page 22: Perth is still the most affordable State capital to buy a home in, with the median price at $540,000, according to a report by the Real Estate Institute of Western Australia.

Business: Leaping labour and raw material costs have swamped a revenue surge at Ertech, consigning one of WA’s biggest privately owned civil contractors to a loss despite a swelling order book.

Western suburbs real estate agent Vivien Yap has asked for a menacing former client to be jailed over threats made in the face of Supreme Court restraining orders.