China’s clean energy to boost WA
China’s embrace of cleaner energy will be an enormous opportunity for WA’s liquefied natural gas and uranium industries in the decades ahead, Federal Treasurer Joe Hockey said yesterday. The West
Rinehart milks formula boom
Gina Rinehart is set to broaden her agricultural interests through a $500 million dairy industry investment aimed at supplying infant formula to the Chinese market. The West
Court the tip for WA seat honour
WA’s influence on national affairs is to grow, with the boom State to get an extra Federal seat at the next election — and the tip is it will be named after Sir Charles Court. The West
WA remote closures ‘apartheid’
Warren Mundine has accused the Western Australian government of “infrastructure apartheid” by threatening Aboriginal people and treating them differently to white communities. The Aus
Bullying, credit card misuse uncovered before Higgott left: uni head
Murdoch University chancellor David Flanagan has broken his silence on the crisis at the institution, revealing that evidence of credit card misuse and bullying were uncovered during an investigation that preceded the departure of vice-chancellor Richard Higgott. The Aus
PM warns of growth plan risks
The Australian government says it has restored purpose to the Group of 20 with the five-year economic growth agenda which, if implemented in full, would boost global growth beyond the original target of a 2 per cent increase over five years. The Fin
Westpac’s new CEO to beef up tech
Incoming Westpac Banking Corp chief executive Brian Hartzer will make technology the key to his strategy in ensuring Australia’s second biggest bank keeps up with its main rival Commonwealth Bank of Australia while also fending off emerging financial technology challengers. The Fin
The Australian Financial Review
Page S1: The Australian government says it has restored purpose to the Group of 20 with the five-year economic growth agenda which, if implemented in full, would boost global growth beyond the original target of a 2 per cent increase over five years.
Page S3: The Australian Taxation Office is reviewing the tax affairs of around 100 multinational companies to determine if they are engaging in “inappropriate” shifting of profits out of Australia.
Page 1: Incoming Westpac Banking Corp chief executive Brian Hartzer will make technology the key to his strategy in ensuring Australia’s second biggest bank keeps up with its main rival Commonwealth Bank of Australia while also fending off emerging financial technology challengers.
Page 6: The future of the Renewable Energy Target (RET)could be dependent on the Palmer United Party’s ability to hold itself together, after Senator Jacqui Lambie declared she would not stick to the party line to leave it untouched until after the next election.
Page 7: Gas and uranium producers say they will prosper under the climate deal between China and the United States, while coalminers insist they will survive the push to lower emissions.
Page 10: Universities face aggressive and disruptive competition from new, large-scale commercial competitors who will present an unprecedented challenge to traditional institutions, according to University of Western Australia vice chancellor Paul Johnson.
Page 17: Virgin Australia Holdings obtained a $125 million six-week bridging loan that was repaid on the same day a deal to sell a stake in its loyalty business closed last month, demonstrating the toll that investing to better compete against Qantas Airways has taken on its balance sheet.
New GrainCorp chief executive Mark Palmquist says it is not too late for Australia’s grain industry to compete globally, but GrainCorp must expand and source more grains overseas to stay relevant to its customers.
Page 23: SingTel is preparing to battle against the Australian Taxation Office over its tax bill for takeover of Optus in 2001.
The Australian
Page 3: Murdoch University chancellor David Flanagan has broken his silence on the crisis at the institution, revealing that evidence of credit card misuse and bullying were uncovered during an investigation that preceded the departure of vice-chancellor Richard Higgott.
Page 6: Warren Mundine has accused the Western Australian government of “infrastructure apartheid” by threatening Aboriginal people and treating them differently to white communities.
Page 8: Labor is warning of new economic threats to Australia if the nation does not embrace an emissions trading scheme at the next election, sharply escalating a domestic political fight over climate change.
Page 9: Mining magnate Gina Rinehart plans to join forces with a Chinese industrial giant in a $500 million joint venture to export infant milk powder from Queensland to China.
The Reserve Bank remains confident the economy and jobs growth will pick up pace in coming years even if business investment remains weak.
Page 19: ANZ has been accused of selling toxic complex financial products while concealing its interests in the deals that led local councils to lose millions on investments in the wake of the global financial crisis.
Page 21: Global brewer SABMiller has blamed competitive pricing and the costs of promotions for a continued earnings slide for its flagship Foster’s Australian brewing arm, which helped drive a 17 per cent pre-tax earnings collapse for its Asia Pacific division.
Only homes and businesses contained in NBN Co’s advanced planning stages for a fibre-to-the premise rollout will receive the Rolls-Royce version of the NBN according to new construction guidelines released by the company building the National Broadband Network.
Page 23: New York-based real estate investment trust WP Carey has forged into the Australian market, buying 31 properties in the Inghams Enterprises portfolio for $157 million.
The West Australian
Page 3: The parents of a former Wesley College student have refused to pay nearly $43,000 in fees after claiming the prestigious school failed to protect their son from repeated bullying for four years.
Page 4: Joe Hockey has labelled multinational firms that shift their profits around the globe to avoid tax as thieves, saying they take money directly from the hands of the world’s poor.
Page 5: China’s embrace of cleaner energy will be an enormous opportunity for WA’s liquefied natural gas and uranium industries in the decades ahead, Federal Treasurer Joe Hockey said yesterday.
Page 11: In a world-first, the public is getting the chance to help monitor the movements of sharks off WA in an effort to reduce the number of attacks.
Page 12: WA’s influence on national affairs is to grow, with the boom State to get an extra Federal seat at the next election — and the tip is it will be named after Sir Charles Court.
Page 22: Almost one-quarter of overseas families in WA on 457 temporary work visas will be exempt from paying fees for their children to attend public schools.
Page 27: Households and small businesses in Karratha have been overcharged thousands of dollars as part of botched efforts to bill for new underground power services, the Opposition says.
Business: Gina Rinehart is set to broaden her agricultural interests through a $500 million dairy industry investment aimed at supplying infant formula to the Chinese market.
The resources industry’s peak lobby expects the sector’s workforce to drop almost 20 per cent, to 87,000 positions, over the next decade as construction work is replaced by operational jobs.
Perth-based internet provider iiNet has invited agencies to tender for its $20 million-a-year media account.
BlueScope Steel chairman Graham Kraehe has been grilled over executive pay despite insisting the company is on the path back to paying dividends.
A surge in the uranium spot price failed to help Paladin Energy’s bottom line, with the company declaring a net after-tax loss from operations of $US45.8 million for the September quarter.