Morning Headlines
Super funds fail basic service standards
The nation’s largest pension funds are failing to meet basic customer service standards, according to a survey of their call centres, with Australian Super found to be connecting just one in 10 members to a representative within 15 minutes. The Fin
Hefty bill for One Nation’s loan idea
One Nation’s plan to take on the big four banks with cheap taxpayer-funded mortgages could require the federal government to find hundreds of billions of dollars, expose taxpayers to significant losses during downturns and drive up house prices. The Fin
Perth hospital picks up bad vibrations from gym next door
Perth Day Hospital’s lawyer Martin Bennett told the court on Monday that “weight-dropping events” from Fitness Cartel Osborne Park had exceeded noise regulations by between five and 15 decibels, sending cardboard boxes of files and an electronic clock to the ground. The Fin
Injunction on receiver over bad-faith claims
Federal Court justice Michael Feutrill held there was a serious question to be tried over allegations that Blackbird Private Equity acted in bad faith when appointing Hall Chadwick managing partner Richard Albarran as receiver over a $1 million loan to tourist charter business Kimberley Pearl. The Fin
Investors in scramble for new builds
Australia’s 2.3 million residential property investors are beginning to radically switch strategies and muscle in on new housing estates where first-home buyers have had an advantage, lenders are warning in the aftermath of Labor’s negative gearing overhaul. The Aus
Farmers brace as war flares again
A fresh jump in fuel and fertiliser costs triggered by the resumed conflict in Iran threatens the nation’s $22bn winter grain harvest, as farmers seek urgent price reforms and small business demands further tax breaks. The Aus
Cook the comrade of BHP’s union foes
Unions have vowed not to allow the national workplace umpire to derail their planned strikes at BHP’s sole WA iron ore port on Thursday, as they launch a final recruitment blitz ahead of the historic industrial action. The West
Telstra sends ‘sorry’ email
Telstra’s bosses will be grilled at a Senate inquiry on Friday after last week’s twin nationwide outages which left up to 25 million people without phone coverage. The West
Premier defends dumping Whitby from tourism portfolio
Premier Roger Cook has fended off claims he has demoted Minister Reece Whitby by taking away his Tourism and Road Safety portfolios as part of a significant Cabinet reshuffle sparked by the retirement of long-time minister Paul Papalia. The West
Cook backs outsider candidate for Secret Harbour
Roger Cook says it’s no problem that Labor’s candidate for the Secret Harbour by-election doesn’t live in the area she wants to represent. The West
The Australian Financial Review
Page 12: Xero chief executive Sukhinder Singh Cassidy has sold all her shares in the company, unnerving investors at a time when the accounting software group’s chairman, David Thodey, is trying to win shareholder support to award her amore generous pay deal that is less dependent on the performance of Xero’s flagging share price.
Page 13: KPMG alumni hold at least 30board and executive roles among ASX-listed companies for which the firm also acts as auditor, raising questions about perceptions of the conflict of interest in the awarding of audit contracts.
Page 15: Raleigh Finlayson’s Genesis Minerals is set to win the battle to acquire Vault Minerals, potentially creating the third biggest gold miner on the ASX, after rival Regis Resources said it would not match Genesis’$5.6 billion offer.
Page 24: The sharemarket ended flat on Monday as investors largely looked through the surging oil prices from fresh strikes between the US and Iran and the implications for the Strait of Hormuz.
The Australian
Page 14: Investors in oOh!media are gaining more confidence that a buyout proposal will succeed after the company said on Monday that it had received three reconfirmed offers for the outdoor advertiser.
Page 15: Employees of the big four banks survived the worst ever year for job losses after nearly 7800 bank staff lost their jobs in 2025-26, according to the Finance Sector Union.
The West Australian
Page 11: Former operator of The Globe Pan and Grill, GCH Vic Park, and director Jay Patel have been ordered to pay more than $52,000 in penalties, compensation and other entitlements for underpaying staff for two years.
Page 18: WA was hardest hit by housing shortages since 2021 in new research that also reinforces warnings the national property market is slowing.
Page 31: Clayton Utz has nabbed three partners from rival Allens in a high-profile hiring spree aimed at muscling up in WA’s red-hot resources, corporate and infrastructure market.
Page 31: WA-born women’s clothing and activewear retailer Stax has entered liquidation, with an assessment of the business under way.
Page 32: Premier Roger Cook says he will remain closely involved in talks with Woodside Energy over Pluto domestic gas after handing the State Development portfolio to David Michael on Sunday.
Page 33: Orthocell on Monday reported its highest ever quarterly revenue of $3.8 million for the three months to June 30, and also its best full-year revenue of $13.2m, up 44 per cent on 2024-25.
