18/11/2014 - 05:42

Morning Headlines

18/11/2014 - 05:42

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Morning Headlines

New partnership with China

Australia and China have elevated their relationship to a comprehensive strategic partnership on the back of an historic free-trade agreement that will remove barriers to the export of goods and services while resulting in cheaper Chinese imports. The Fin

Toll paid work fund to avoid union strife

Transport group Toll Holdings has readily admitted it agreed to give money to a union training fund to buy industrial peace, but maritime businesses deny they did the same. The Fin

$11.6b debt-raising target for NBN

NBN Co has approached financial institutions around the world to prepare for one of the largest corporate debt raisings in Australian history, worth $11.6 billion. The Fin

Bishop fears ‘catastrophic’ result of remote closures

A unique study of “rough sleepers” in the Western Australian tourist centre of Broome has found more than 100 homeless Aborigines in the town, sparking claims Premier Colin Barnett’s plan to close remote communities will exacerbate the problem. The Aus

Qantas, Rio, ANZ close in on FTA

ANZ, Qantas and Rio Tinto were among the major Australian companies to deepen their relationship with their Chinese partners as part what business leaders were calling a transformative free trade agreement between the two countries. The Aus

Live exports, big grains grab on Elders’ agenda

Elders will expand its live export business and try to increase its footprint in the grains industry after making a long-awaited return to profit. The West

 

 

 

The Australian Financial Review

Page 1: Australia and China have elevated their relationship to a comprehensive strategic partnership on the back of an historic free-trade agreement that will remove barriers to the export of goods and services while resulting in cheaper Chinese imports.

Page 3: Transport group Toll Holdings has readily admitted it agreed to give money to a union training fund to buy industrial peace, but maritime businesses deny they did the same.

Page 6: Chinese companies will be able to bring skilled workers to Australia to plug labour shortages on big infrastructure projects under the new trade deal.

Page 15: A two-year legal war between Japanese drinks giant Asahi and one of Australia’s biggest private equity firms is over.

Page 17: Qantas Airways will deepen its partnership with Shanghai-based airline China Eastern by seeking regulatory approvals to co-ordinate scheduling and pricing in the fast growing Chinese market.

Elders chief executive Mark Allison says the 175-year-old pastoral company is now back on a growth path and the dark days of being debt-plagued and hobbling along with an uncertain future are over.

Page 18: The federal government has confirmed demand by retail shareholders for the $4.3billion-plus Medibank Private float expanded to more than $4.8 billion, as investors await pricing, stock allocation and next week’s sharemarket debut.

NBN Co has approached financial institutions around the world to prepare for one of the largest corporate debt raisings in Australian history, worth $11.6 billion.

 

 

The Australian

Page 2: Men are much more likely to benefit from the government’s new wage-subsidy schemes than women, figures to be released today show.

The Abbott government will reap $2.7 billion in savings after its social services bill was passed by the Senate yesterday.

Months after Tony Abbott instructed officials to examine the possibility of putting some of the RAAF’s new Joint Strike Fighters on the navy’s two big new landing ships, military experts say the plan would be very complex and expensive and the benefits marginal at best.

Page 4: A unique study of “rough sleepers” in the Western Australian tourist centre of Broome has found more than 100 homeless Aborigines in the town, sparking claims Premier Colin Barnett’s plan to close remote communities will exacerbate the problem.

Page 6: The beef, dairy and wine industries are the big winners from an Australian free-trade agreement with China which dramatically cuts tariffs across a range of food exports.

Page 7: Chinese companies building projects in Australia worth more than $150 million will be able to bring in foreign workers on 457 visas, but the Abbott government denies the pay and jobs of local workers will be undercut.

Page 8: There is a “vast potential’’ for Queensland’s resource sector to fuel the urbanisation of India and turn it into a world manufacturing hub, Indian Prime Minister Narendra Modi said yesterday.

Page 19: ANZ, Qantas and Rio Tinto were among the major Australian companies to deepen their relationship with their Chinese partners as part what business leaders were calling a transformative free trade agreement between the two countries.

Page 20: Arrium’s outgoing chairman Peter Smedley has warned that the company would have failed to raise the much-needed $754 million it tapped the market for in September if it had waited, as the company flags the continued weakness in the iron ore price will hit its earnings.

Page 21: Optus will spend about $400 million on a massive IT transformation project that would see the No 2 telco undertake a radical overhaul of its billing and customer care systems.

 

 

The West Australian

Page 4: WA farmers and fishermen believe their industries have entered a new era under the free trade agreement between Australia and China.

Page 11: The Beaufort Street Festival is at a “critical crossroads” and needs more money to secure its future, co-founder and City of Vincent mayor John Carey says.

Dissident Palmer United Party senator Jacqui Lambie has kept her word and voted against Government legislation at the first opportunity as she wages war over soldiers’ pay.

Business: ANZ has thrown its conditional lending might behind plans to build the billion-dollar Anketell iron ore port in the Pilbara as corporate Australia yesterday fell over each other to trumpet the potential of the Free Trade Agreement with China.

Mining services provider Viento has slashed more than $10 million from the cost of buying HVLV after one of the portable switch-room maker’s projects got into trouble.

To hear it from Bernie Brookes, Myer’s flat performance over the past three years has been mostly self-inflicted.

The Dunlop Volley, the shoe of choice for many of Australia’s greatest tennis champions, may soon be foreign owned.

A 24-hour strike today by maritime workers will disrupt 25 vessels operated by Farstad servicing the oil and gas industry in the North West.

Elders will expand its live export business and try to increase its footprint in the grains industry after making a long-awaited return to profit.

Doray Minerals’ shares dipped further yesterday after the company revealed a multi-million dollar deal to win access to Iluka Resources’ extensive landholding in South Australia.

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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