Morning Headlines

Bosses no longer mind (much) if you work from home

Australian bosses have largely grown to accept the fact that the hybrid work model is here to stay, a new KPMG study shows. The Fin

Deal makers put hopes on late IPO rush

This year’s float candidates Virgin Australia, Chemist Warehouse and 7-Eleven will be forced to wait for a turnaround in Australia’s capital market fortunes as bankers and the ASX bet on a second-half rush to rescue a dismal outlook for initial public offerings. The Fin

Gas pumps up Woodside once again

The upheaval in energy markets and the buyout of BHP Petroleum has returned Woodside Energy to the top of WA’s league table, 10 years after it was toppled as the State’s biggest listed company by Wesfarmers. The West

Country loaded with grain after great harvest

GrainCorp says rail and road bottlenecks are holding back exports as China and other international customers look to secure food supply and with Australian farmers grinding out one of the country’s longest, biggest and most valuable harvests. The Fin

Zip cuts global execs to refocus

Buy now, pay later group Zip Co is shrinking its global executive ranks as it pivots away from aggressive expansion plans for a focus on its core Australia-New Zealand and US markets. The Fin

Mayday alert on single pilot plan

A plan by international aviation regulators to allow a single pilot in the cockpit instead of two on commercial flights is meeting growing resistance from Australian pilots and industry leaders who fear the move could result in catastrophic air accidents. The Aus
Housing: Two slow years ahead

Home lending is set to slow dramatically from 2022 levels and remain sluggish for two years, with regional lenders facing the starkest drop, Morgan Stanley analysts have warned. The Aus

Jobseekers hit by $8.7m recruitment scams

Australian jobseekers lost more than $8.7 million to scammers posing as recruiters in 2022 but the real number is believed to be much higher. The West

Souring Apple falls from $US2 trillion tree

Shares in Apple have plunged to less than $US2 trillion ($2.9tr) for the first time since May as its share price slide continued into the new year. The West

The Australian Financial Review

Page 1: This year’s float candidates Virgin Australia, Chemist Warehouse and 7-Eleven will be forced to wait for a turnaround in Australia’s capital market fortunes as bankers and the ASX bet on a second-half rush to rescue a dismal outlook for initial public offerings.

Page 3: Australia’s soon-to-be ambassador to the United States, Kevin Rudd, says America needs to stop throwing some foreign allies ‘‘under a bus’’ on trade and economics if it wants to build international support to push back against China.

Page 5: Australian bosses have largely grown to accept the fact that the hybrid work model is here to stay, a new KPMG study shows.

Australia is spending up to $2 billion on a long-range artillery rocket system that will help give the military a strike range of 500 kilometres before the end of the decade.

Page 6: Treasurer Jim Chalmers has no intention of kneecapping the independence of the Productivity Commission, saying its ability to give frank and public advice is a strength of the institution.

Page 8: FTX founder and fallen cryptocurrency guru Sam Bankman-Fried pleaded not guilty through his attorney at his arraignment on Tuesday on charges he misappropriated billions of dollars, defrauding customers and investors in companies he controlled while allegedly concealing his illegal handling of funds.

Page 12: GrainCorp says rail and road bottlenecks are holding back exports as China and other international customers look to secure food supply and with Australian farmers grinding out one of the country’s longest, biggest and most valuable harvests.

Page 13: Buy now, pay later group Zip Co is shrinking its global executive ranks as it pivots away from aggressive expansion plans for a focus on its core Australia-New Zealand and US markets.

Page 17: Origin Energy shareholders back its decision to share information about favourable movements in its LNG hedging contracts with bidders Brookfield Asset Management and EIG ahead of disclosing to its 140,000-strong investor base.

The Australian

Page 1: Anthony Albanese will be granted an unprecedented address to Papua New Guinea’s parliament during a visit to Port Moresby next week, as he faces calls from PNG counterpart James Marape for budget support and more training for the country’s police.

A plan by international aviation regulators to allow a single pilot in the cockpit instead of two on commercial flights is meeting growing resistance from Australian pilots and industry leaders who Home lending is set to slow dramatically from 2022 levels and remain sluggish for two years, with regional lenders facing the starkest drop, Morgan Stanley analysts have warned. Page 2: Australians will need to take a PCR test ahead of going to China when its borders reopen next week, prompting accusations the communist nation was being hypocritical for condemning countries that are adopting the exact same requirements on Chinese travellers.

Page 4: The military has been called in and extraordinary measures are being taken to ensure food and supplies can reach the Kimberley communities cut off from the rest of the country by record flooding.

Page 5: The premier who delivered the largest native title settlement in Australian history says he fears the upcoming voice referendum may be sunk due to the proposed structure of the question.

Page 13: Home lending is set to slow dramatically from 2022 levels and remain sluggish for two years, with regional lenders facing the starkest drop, Morgan Stanley analysts have warned.

Page 14: Rio Tinto faces a growing shareholder push to soften its focus on decarbonising its operations in favour of returns, according to its chairman, Dominic Barton.

Page 15: Wealthy people should pay a greater share of the aged-care bill after selling their “multimillion-dollar homes” to give those who look after them a much-needed pay rise and fix a broken system, outgoing Bupa Asia-Pacific chief executive Hisham El-Ansary says

The West Australian

Page 5: WA recorded 18 cases of the life-threatening meningococcal disease in 2022 — the last of which was only revealed by the Department of Health on Tuesday.

Page 6: Shady international betting syndicates are targeting Australian basketball, with professional punters ejected from multiple WNBL games this season for brazenly gambling inside the stadium.

Page 9: The number of partygoers in Perth’s CBD for New Year’s Eve celebrations smashed pre-pandemic levels.

Page 18: Thousands of people moving from the Eastern States to Perth more than offset the absence of overseas migrants during the pandemic, leaving WA with stable population growth, unlike other jurisdictions.

Page 19: Australian jobseekers lost more than $8.7 million to scammers posing as recruiters in 2022 but the real number is believed to be much higher.

Business: The upheaval in energy markets and the buyout of BHP Petroleum has returned Woodside Energy to the top of WA’s league table, 10 years after it was toppled as the State’s biggest listed company by Wesfarmers.

Chinese bureaucrats are discussing plans to resume some imports of Australian coal after a more than two-year ban as relations between the nations improve.

Shares in Apple have plunged to less than $US2 trillion ($2.9tr) for the first time since May as its share price slide continued into the new year.