Forrest locks up Uaroo exploration
Mining magnate Andrew Forrest is using a highly controversial strategy to restrict mining on his recently purchased Pilbara cattle station, Uaroo, which involves having an employee hold the exploration rights. The Fin
Big players on notice as state cracks down on ‘data mining’ of tenements
Big mining companies in Western Australia will be prevented from using cutting-edge software to secure new tenements ahead of their rivals after the state government moved to crack down on so-called “data mining. The Aus
Roy Hill delays put schedule in doubt
A string of safety incidents at Gina Rinehart’s Roy Hill project has exposed teething problems and put parts of the $10 billion Pilbara iron ore mine behind schedule. The Fin
Sizeable contribution to businesses
Tens of millions of dollars are believed to have been pumped into Perth businesses during the three-day Giants extravaganza, which Lord Mayor Lisa Scaffidi said had marked the city’s “coming of age”. The West
South32 to ‘walk before it can run’
South32 chief executive Graham Kerr says the $15 billion BHP Billiton spin-off must earn the trust of investors before pursuing acquisitions and will initially rely on cutting costs and expanding existing assets to improve shareholder returns when it lists in the middle of the year. The Fin
Unions seek part-time guarantee
A union push to legally require business to give part-time work to new parents has outraged employers, who want the government to intervene in the review of basic conditions by the Fair Work Commission. The Fin
Energy activism ‘will hit growth’
Shell Australia chairman Andrew Smith has warned that turning away from affordable energy will have serious consequences for the economy and people’s lives. The Aus
Griffin workers offered $50K instant pay cut
Workers at the troubled Griffin coal mine would suffer an overnight pay cut worth about $50,000 under one of three wage options put to them this week. The West
The Australian Financial Review
Page 1: A union push to legally require business to give part-time work to new parents has outraged employers, who want the government to intervene in the review of basic conditions by the Fair Work Commission.
Page 3: In a tough job market, graduates and final-year university students are favouring the top professional services firms as they look for their first job.
Page 5: The February Reserve Bank rate cut put a little more heat into the property market at the weekend, pushing the preliminary clearance rate across the nation up to 70 per cent, compared with 67.3 per cent last week.
Page 7: Mining magnate Andrew Forrest is using a highly controversial strategy to restrict mining on his recently purchased Pilbara cattle station, Uaroo, which involves having an employee hold the exploration rights.
Page 13: South32 chief executive Graham Kerr says the $15 billion BHP Billiton spin-off must earn the trust of investors before pursuing acquisitions and will initially rely on cutting costs and expanding existing assets to improve shareholder returns when it lists in the middle of the year.
Australia’s third-biggest supermarket, Metcash, has defended its practice of charging suppliers tens of thousands of dollars to go on overseas ‘‘study trips’’, as it battles an unconscionable conduct case brought by two suppliers.
Page 15: A string of safety incidents at Gina Rinehart’s Roy Hill project has exposed teething problems and put parts of the $10 billion Pilbara iron ore mine behind schedule.
Page 29: Southern Cross Media Group is in advanced talks to appoint corporate turnaround specialist Peter Bush as chairman of the struggling radio and television broadcaster, with longstanding chairman Max Moore-Wilton preparing to leave.
Kerry Stokes’ Seven West Media could be forced to write down the carrying value of its assets by more than $1 billion this week to reflect a slump in the share price of the television, magazines and newspapers company.
Page 30: Telstra chief executive David Thodey is hopeful that as many as seven in 10 Australians will pay for television or video services in future versus just three in 10 today.
The Australian
Page 2: Ructions have continued over the dumping of chief government whip Philip Ruddock, as Tony Abbott appeared to partly blame the long-serving MP for his poor relations with the backbench.
Tony Abbott will proceed with unpopular policies such as raising the pension age after the next election, but has ruled out resurrecting changes to the Racial Discrimination Act.
Page 6: Trade Minister Andrew Robb is pushing for greater access to the US market for Australian sugar exports as expectations mount that the giant 12-nation TransPacific Partnership could be wrapped up by May.
Page 17: One of the nation’s most successful entrepreneurs says Australia is facing a “massive crisis’’ because of the inability of governments to think about the long term and says the education system is stuck in an old world where teachers refuse to be retrained to embrace technology.
Shell Australia chairman Andrew Smith has warned that turning away from affordable energy will have serious consequences for the economy and people’s lives.
Big mining companies in Western Australia will be prevented from using cutting-edge software to secure new tenements ahead of their rivals after the state government moved to crack down on so-called “data mining”.
Page 18: Pie Face founder and former chief executive Wayne Homschek has been tipped out of the fast-food chain’s board by his fellow directors as they seek to resuscitate the business, following last year’s lurch into administration, with a capital raising to steady the ship — likely by the middle of the year.
The West Australian
Page 7: Tens of millions of dollars are believed to have been pumped into Perth businesses during the three-day Giants extravaganza, which Lord Mayor Lisa Scaffidi said had marked the city’s “coming of age”.
Page 10: Gina Rinehart’s dispute with Channel 9 over its version of her life story is far from over, with lawyers acting for Australia’s richest person foreshadowing a multimillion-dollar legal battle with the network.
Page 14: Dozens of young bar workers have been left high and dry after an inner-city restaurant collapsed, prompting one of Perth’s best-known restaurateurs to organise an appeal to help them.
Business is ignoring Treasurer Joe Hockey’s warnings about the Budget, calling for tax cuts to help them navigate tough economic times.
Page 17: Record numbers of often disadvantaged WA households are being stung with “punitive” credit card-style interest rates for not paying water bills on time.
Business: Workers at the troubled Griffin coal mine would suffer an overnight pay cut worth about $50,000 under one of three wage options put to them this week.
The weaker Australian dollar helped Perseus Mining to a $41.2 million half-year profit, as the Ghana-focused gold miner drew a line under a tough few years for the company.
An independent arbitrator has provided a ray of hope for farmers campaigning for the re-opening of rail lines in the heart of the Wheatbelt.
The Big Data revolution has gained further prominence with a leading analytics company revealing it is now training in-house specialists at WA-based companies, amid growing demand for data-driven insights.
