Morning Headlines

$50k bonus to soldier on 

Australian Defence Force personnel will get $50,000 bonus payments to help curb climbing turnover rates, which hit a decade high last year. The West 

Premier says WA projects ‘virtually’ safe 

The future of road and rail projects planned across WA remains in doubt, despite Premier Mark McGowan’s claims the State will emerge largely unscathed from a snap review of the nation’s infrastructure pipeline. The West 

‘Fix mess of financial advice now’ 

The Albanese government’s delay of wide-ranging reforms intended to make financial advice more accessible is leaving families facing tough economic conditions without professional help, warns the independent expert who led the review. The Fin 

Embattled Mint axes trade app 

The embattled Perth Mint is shutting down its GoldPass program, which allowed users to trade the precious metal via their mobile phones with little scrutiny. The West 

Discipline is child’s play 

Teachers must be taught how to bring unruly kids into line so more time can be devoted to learning, according to a WA-based school behaviour guru who will lead the development of new tools aimed at minimising disruption in classrooms. The West 

Government to ban recreational vaping 

Next week’s federal budget will spend almost a quarter of a billion dollars on measures to stamp out recreational vaping to stop ‘‘big tobacco’’ creating a new generation of nicotine addicts, including smokers. The Fin 

Magnetite milestone a huge relief for Forrest 

Andrew Forrest experienced the biggest relief of his career with Fortescue Metals Group’s Iron Bridge magnetite project moving into production yesterday. The Fin 

CoinJar on staff hunt as crypto exchange looks to expand to US 

Crypto exchange CoinJar will be the first Australian exchange to establish a US presence, with chief executive Asher Tan hiring staff in North America at a time when major players including FTX are deserting the market. The Aus 

MinRes poised to complete Norwest bid 

Mineral Resources is preparing to mop up the last remnants of resistance to its $430 million bid for Norwest Energy after hitting the threshold for compulsory acquisition of its junior partner. The West 

The Australian Financial Review 

Page 1: The Albanese government’s delay of wide-ranging reforms intended to make financial advice more accessible is leaving families facing tough economic conditions without professional help, warns the independent expert who led the review. 

Page 2: Soldiers, sailors and aviators will be offered $50,000 bonuses to re-enlist in the Defence Force for a further three years as part of efforts to beat a recruitment and retention crisis in the military. 

Page 4: A revenue windfall could deliver the Albanese government a whopping $101 billion reduction in future budget deficits, but veteran budget watcher Chris Richardson is urging Treasurer Jim Chalmers to do more to tackle spending pressures such as the National Disability Insurance Scheme. 

Next week’s federal budget will spend almost a quarter of a billion dollars on measures to stamp out recreational vaping to stop ‘‘big tobacco’’ creating a new generation of nicotine addicts, including smokers. 

Page 6: Tony Abbott has railed against the Indigenous Voice after the parliamentary committee reviewing the proposed constitutional amendment made a last-minute call to invite the former prime minister to give evidence. 

Page 11: The Albanese government will this week urge Asian nations to push back against protectionism and a shift away from globalisation which it says will threaten the region’s post-pandemic economic recovery. 

Macquarie has won market share in deposits from three of the big four banks in the past year, growing household savings in its accounts by 70 per cent to $55.9 billion, as the home loan war spreads to savings accounts. 

Page 13: Andrew Forrest experienced the biggest relief of his career with Fortescue Metals Group’s Iron Bridge magnetite project moving into production yesterday. 

Page 18: Telstra must keep raising mobile prices to hit its own ambitious earnings targets to avoid further potential pain in the home internet and enterprise segments. 

The Australian 

Page 1: Papua New Guinea is backing an Albanese government push to embed Pacific island troops in the Australian Defence Force, opening the way for a new era of regional military co-operation to counter rising strategic threats. 

Treasury has blocked the Parliamentary Budget Office from accessing “methodology and assumptions” underpinning the Albanese government’s franking credits crackdown, sparking claims Labor is politicising the nation’s peak economic department. 

Page 2: Health Minister Mark Butler will spend $234m on a vaping and tobacco crackdown, headlined by banning retail vape sales, making it easier to get prescriptions for therapeutic use, restricting flavours and reducing nicotine concentrations in products. 

Page 3: A former US fighter pilot will launch a new bid for freedom as the national spy agency watchdog investigates whether he was lured from China by the Aus - tralian Security Intelligence Organisation. 

Page 4: Experts are warning mortgage holders not to rule out another Reserve Bank rate hike on Tuesday, even as investors bet the central bank will hold at 3.6 per cent for a second month. 

Page 9: A boy inside Western Australia’s Unit 18 juvenile detention facility tried to bite his wrists open days after psychologist appointments there were repeatedly cancelled. 

Page 15: Billionaire Russell Withers and the family of his late sister Beverley Barlow could reap $2bn or more from the sale of the nation’s largest convenience and fuel retailer 7-Eleven. 

Page 16: London-based oil and gas company BP played it coy at the weekend when it came to the price it paid for a stake in Western Australia’s Browse gas field. 

Page 17: Officeworks boss Sarah Hunter says customers are snapping up private label stationery and office supplies from its store shelves as interest rates ratchet higher and the cost of living pinches household budgets, mirroring the shift in consumer behaviour experienced by the supermarkets. 

Page 21: Crypto exchange CoinJar will be the first Australian exchange to establish a US presence, with chief executive Asher Tan hiring staff in North America at a time when major players including FTX are deserting the market. 

The West Australian 

Page 3: The rate of the JobSeeker payment is set to be raised in next week’s Federal Budget, but only for people aged over 55. 

Page 7: Australian Defence Force personnel will get $50,000 bonus payments to help curb climbing turnover rates, which hit a decade high last year. 

Page 11: The future of road and rail projects planned across WA remains in doubt, despite Premier Mark McGowan’s claims the State will emerge largely unscathed from a snap review of the nation’s infrastructure pipeline. 

Page 15: Teachers must be taught how to bring unruly kids into line so more time can be devoted to learning, according to a WA-based school behaviour guru who will lead the development of new tools aimed at minimising disruption in classrooms. 

Business: Employers will be forced to pay superannuation on payday as the Albanese Government cracks down on billions of dollars in “lost” super in a move it claims would boost retirement incomes. 

Shares in Alliance Nickel have skyrocketed after the WA battery metals hopeful emerged from a trading halt with one of the world’s biggest automakers as a cornerstone investor. 

Mineral Resources is preparing to mop up the last remnants of resistance to its $430 million bid for Norwest Energy after hitting the threshold for compulsory acquisition of its junior partner. 

The embattled Perth Mint is shutting down its GoldPass program, which allowed users to trade the precious metal via their mobile phones with little scrutiny. 

The convenience store retail wars are heating up, with privately held convenience store and petrol station giant 7-Eleven examining a change to its ownership structure as one of its major rivals kicks off its national overhaul and expansion.