09/12/2014 - 05:57

Morning Headlines

09/12/2014 - 05:57

Bookmark

Save articles for future reference.

Woodside nears Apache deal The oil price collapse is thought to have left Woodside Petroleum as the sole bidder for Apache’s stakes in the Wheatstone and Kitimat LNG projects. The West Rio Tinto takes on ATO over Pilbara remote housing spat

Woodside nears Apache deal

The oil price collapse is thought to have left Woodside Petroleum as the sole bidder for Apache’s stakes in the Wheatstone and Kitimat LNG projects. The West

Rio Tinto takes on ATO over Pilbara remote housing spat

Rio Tinto wants the Australian Taxation Office to hand over nearly $600,000 in tax credits for its remote housing costs in the Pilbara region of Western Australia, in a battle playing out in the Federal Court. The Fin

Qantas on course for $350m profit

Qantas Airways will focus on repaying $1 billion of debt rather than paying dividends or ordering new aircraft for its international unit this year after reporting a remarkable turnaround in its fortunes in the first half. The Fin

WA leads way in housing

The State’s housing sector is doing its part to boost the WA economy as signs grow that the national jobs market is turning positive. The West

Car tax or project delays: Barnett

Colin Barnett says a proposed $100-a-year car registration slug will not go ahead if it proves too unpopular with the public. The West

Partners’ $15m revives Cataby plan

Malaysian investors are joining forces with a company formerly owned by Ric Stowe to finish building a major abattoir north of Perth in the latest boost for the WA cattle industry. The West

 

 

The Australian Financial Review

Page 1: David Murray says returns in the $1.8 trillion retirement savings system will increase if unions and employer groups lose their control over superannuation funds, triggering a battle with union leaders and the Labor Party determined to retain control over a lucrative source of funding.

Australia is poised to join the United Kingdom in seeking to tax companies on profits they declare overseas but come from local revenue.

Page 3: A majority of voters believe the Abbott government is not doing enough to tackle climate change, the latest Fairfax Ipsos poll shows.

Page 4: One of Australia’s most successful international bankers, John Fraser, will take over as Treasury secretary as the government’s 2015 budget preparations start in earnest.

Page 6: Banks, mining, media and technology companies are among more than 100 asked to help tackle the profit shifting that is eroding tax revenues by giving feedback by a Senate inquiry into corporate tax avoidance.

Rio Tinto wants the Australian Taxation Office to hand over nearly $600,000 in tax credits for its remote housing costs in the Pilbara region of Western Australia, in a battle playing out in the Federal Court.

Page 15: Qantas Airways will focus on repaying $1 billion of debt rather than paying dividends or ordering new aircraft for its international unit this year after reporting a remarkable turnaround in its fortunes in the first half.

Coca-Cola Amatil is relying on job cuts and new products such as low-sugar Coke, coconut water, iced coffee and cheaper bottled water to underpin a rebound in sales and earnings next year after confirming underlying earnings in 2014 would fall up to 24 per cent.

Page 20: Virgin Australia Holdings has called for more federal oversight of the airport industry, saying the current, light-handed approach brings an imbalance in bargaining power between the airports and airlines.

Page 21: Communications Minister Malcolm Turnbull’s plan to overturn retransmission rules could mean Foxtel customers are forced to start paying to watch free-to-air content through their Foxtel box, says the boss of pay-TV lobby group ASTRA.

 

 

The Australian

Page 1: Up to 40 defence experts will be deployed to the government-owned ASC shipyard to rescue the nation’s largest naval project, the $8.5 billion air warfare destroyers.

Page 3: More than 40 doctors are under investigation for rorting Medicare, with one accused of billing $600,000 in seven months.

Page 4: An investigation into disability service cuts is needed amid reports of people losing help before they are covered by the NDIS.

Page 5: Bill Shorten says he and Tony Abbott cannot “work out behind closed doors” the timing and question to determine how Australia should change the Constitution to recognise indigenous people.

Page 19: David Murray says we must dump the ingrained “assumption” that the government will bail out bank failures.

The world’s largest advertising group by revenue has forecast ­ad spending in Australia to post its highest growth for five years.

Page 21: ASX’s push into the market for managed funds received a significant boost yesterday with one of the nation’s biggest investment managers, AMP, putting its first offerings on the market operators’ mFund service.

 

 

The West Australian

Page 1: The State Government’s insurer says it approached the Proudlove family’s legal team three times asking whether the family would be prepared to discuss a settlement on the basis of no more than a $5 million payout to keep their failed claim for damages out of court.

Page 4: The State’s housing sector is doing its part to boost the WA economy as signs grow that the national jobs market is turning positive.

Tony Abbott has compared himself to conservative leaders Margaret Thatcher and Ronald Reagan as internal pressure on his leadership grows.

Page 11: Fiona Stanley Hospital was forced to go on “baby bypass” last Friday when its new maternity unit was unable to cope with a surge in women in labour.

Page 14: Colin Barnett says a proposed $100-a-year car registration slug will not go ahead if it proves too unpopular with the public.

Business: The oil price collapse is thought to have left Woodside Petroleum as the sole bidder for Apache’s stakes in the Wheatstone and Kitimat LNG projects.

A Perth biotech focused on the early detection of diabetes and kidney disease is set to list on the Australian stock exchange before Christmas, with its management claiming to have reached its $4 million minimum.

Creditors owed about $14 million by collapsed Killarnee Civil and Construction Contractors have been warned they will likely get nothing back.

Malaysian investors are joining forces with a company formerly owned by Ric Stowe to finish building a major abattoir north of Perth in the latest boost for the WA cattle industry.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options