Miners call for emission plan pause
Mining companies are urging the Albanese government to temporarily pause plans to review its flagship industrial emissions reduction policy and to prioritise energy and fuel security over climate targets, as the industry manages disruptions from the Iran war. The Fin
NDIS growth masks job market weakness
Jobs in disability and health-related services have soared by more than 50 per cent over the past five years, driven in large part by the $52 billion National Disability Insurance Scheme, underscoring the major role the care economy has played in employment growth under the Albanese government. The Fin
Growing concerns over the value of $368b AUKUS submarine deal
AUKUS is expected to endure under the Trump administration because it serves US strategic interests, but concerns are growing about whether the $368 billion program to acquire nuclear-powered submarines stacks up for Australia. The Fin
Labor rolls out VIP treatment to biofuel, electric truck projects
The Albanese government will speed up approvals and cut red tape for four major fuel security and critical minerals projects worth up to $20 billion as part of a long-awaited scheme designed to turbocharge foreign capital investment into new green industries. The Fin
Super funds threaten showdown with ALP
Super fund owners of Australia’s utilities have told the energy regulator network profits are too low and their investment dollars could go offshore, threatening a showdown with Labor over rising household power bills. The Aus
NBN ‘inflating customer forecasts’: consumer watchdog
The National Broadband Network has been accused of inflating expectations for customer demand in order to justify its spending, amid concerns the government-owned telco’s projections overestimate what Australians are willing to pay. The Aus
BHP bars union official from site over failed booze test
The Australian Manufacturing Workers Union claimed an alcohol-based mouthwash was responsible for one of its senior members being denied access to BHP’s Newman operations last Monday after failing the breath test. The West
Amber alert on WA fuel supplier compliance
Energy Minister Amber-Jade Sanderson has refused to confirm how many fuel suppliers have fully complied with emergency power requests for information, just hours before the deadline. The West
100km ultramarathon to fund classroom air-con
Malvern Springs Primary School teacher Keyan Robertson has been forced into a desperate 100km fundraising ultramarathon to provide his students with a basic classroom necessity — adequate air-conditioning. The West
ASX trading records hit fresh highs
Surging futures trading in March has dramatically underlined the volatility triggered by the Middle East war and sidelined proposed raisings by WA resources companies. The West
The Australian Financial Review
Page 14: Macquarie has warned clients to steer clear of Magellan Financial even after its merger with Barrenjoey, saying it expected earnings growth at the high profile investment bank to slow over the next few years.
Page 15: The corporate regulator wants receivers to investigate the records of a financial advice firm that funnelled customers into the dubious Shield and First Guardian investment schemes and has questioned whether the cut-price sale of the company by its ASX listed owner is legitimate.
Page 15: Canva has acquired two local artificial intelligence companies as it attempts to shore up its capabilities and embed its products across more tasks ahead of a potential blockbuster public listing.
Page 24: Australian shares rallied the most in a year after US President Donald Trump and Iran agreed to a two-week ceasefire to finalise talks on ending the war that has roiled markets and stoked inflation fears.
Page 25: AustralianSuper has dumped nearly $1 billion in investments from its ESG focused portfolio including stakes in more than 180 listed companies after cutting fossil fuels, armaments and other industries it saw as harmful.
Page 27: Prices for homes eligible for Labor’s first home buyer scheme have jumped 6.7 per cent in just six months since the expanded program was launched, fuelling concerns that new homeowners are already stretched to their limit and are most vulnerable to further rate rises.
The Australian
Page 15: The environment watchdog in Western Australia has recommended strict conditions to protect the endangered night parrot as Andrew Forrest’s Greatland seeks to build the Havieron underground gold and copper mine to complement its existing Telfer operations
The West Australian
Page 39: Retail jobs are most at risk with the number of business failures soaring in the wake of higher fuel prices, new data shows, with consumer sentiment still near record low levels despite a temporary halving of petrol tax.
Page 40: Tony Galati says his Spudshed supermarket chain is absorbing the majority of soaring costs triggered by the Iran war because crunched consumers can no longer afford to pay more for their groceries.
Page 40: A worker at a mine site in the northern Goldfields died when the vehicle he was travelling in rolled after it left the road.
Page 41: Bellevue on Wednesday said it had boosted cash and gold on hand during the March quarter from about $16 million to $181m after generating record underlying free cash flow of $158m.
