Nalder, Square traders clash
Tempers frayed at Barrack Square yesterday when frustrated business owners confronted Transport Minister Dean Nalder, who visited the area unannounced. The West
Hughes hits brakes on car yard IPO ambition
John Hughes has called off a float of his car retailing empire for at least two years, blaming a weak WA market and declaring the business may never go public. The West
Coal and gas insist they will survive
Coal and gas producers insisted they still have a future under an agreement by the world’s biggest economies to ‘‘decarbonise’’ the global economy by 2100, but say more investment in carbon capture technology is vital to meet that goal. The Fin
Lowy to co-operate with Cup inquiry
Football Federation Australia chairman Frank Lowy says he is prepared to co-operate with a Senate inquiry to prove Australia didn’t pay any bribes as part of its failed bid to host the 2022 World Cup. The Fin
See opportunity, not doom and gloom, West Aussies told
Property and business leaders are urging Western Australians not to get caught up in “doom and gloom” about the State economy, saying WA’s future is bright with opportunities growing. The West
ASIC spotlight falls on Gyngell
Corporate regulator ASIC is investigating Nine chief executive David Gyngell over possible misconduct after he sold $1.5 million worth of shares in the company two weeks before a surprise earnings downgrade. The Aus
All-events deal for stadium
Premier Colin Barnett has told State Parliament that venue memberships will “most likely” be available for the new 60,000-seat stadium at Burswood. The West
The Australian Financial Review
Page 1: Labor leader Bill Shorten, who has condemned the royal commission into unions as a political witch hunt, refused to criticise his successor at the Australian Workers Union who was forced to resign yesterday from a parliamentary position over corruption allegations.
Page 4: The government is optimistic that the proximity of the next federal election will result in Labor agreeing to pass more budget savings, given that the opposition may win the election and be faced with the same deficit crisis.
Page 5: Coal and gas producers insisted they still have a future under an agreement by the world’s biggest economies to ‘‘decarbonise’’ the global economy by 2100, but say more investment in carbon capture technology is vital to meet that goal.
Page 7: Rich workers would have their benefits slashed and superannuation would be paid to those on extended injury leave under a radical overhaul of Australia’s multi-billion dollar workers compensation system being pushed by the insurance industry.
Page 8: Football Federation Australia chairman Frank Lowy says he is prepared to co-operate with a Senate inquiry to prove Australia didn’t pay any bribes as part of its failed bid to host the 2022 World Cup.
Page 13: Nine Entertainment Co shares fell 17 per cent to $1.66 after it issued a profit warning on Friday that some analysts think signals advertising problems across the television industry.
Page 15: Newcrest Mining’s fractious relationship with sections of the community in Papua New Guinea is continuing to cause headaches as the Lihir mine suffers another unplanned shutdown at the hands of angry locals.
Page 18: Global airlines are poised to report a collective $US29.3 billion ($38.4 billion) profit this year, with returns exceeding the cost of capital for the first time in the industry’s history as a result of a fall in the oil price, lower bond yields and carriers filling more of their seats, according to a new forecast from the International Air Transport Association.
The Australian
Page 1: The federal government is challenging Labor to extend its support for budget repair as hopes build for a deal on pension reform to follow policy agreements on tax that will recoup $8.2 billion over a decade.
Clive Palmer’s geologist has torn apart the MP’s claim to be the holder of the biggest iron ore deposits in Australia, telling the Federal Court that only a “very small” portion of the estimated 160 billion tonnes of iron ore under his control should be considered a resource.
Page 3: Taxpayers will spend $50 million to referee children’s cyber-bullying disputes over the next four years, triggering a government plea for parents to control their kids’ internet use.
Page 5: Labor states are demanding Bill Shorten commit $7 billion in federal funds to meet the final two years of the Gonski education funding dumped by the Coalition.
Page 6: Tony Abbott is battling an international image problem, with the Prime Minister seen as opposed to ambitious action on climate change as world leaders line up for three summits on the issue ahead of a crucial Paris summit.
Page 19: Clients of collapsed broker BBY have lost as much as $40 million in collateral from the close out of open option positions that could not be transferred to other brokers.
Corporate regulator ASIC is investigating Nine chief executive David Gyngell over possible misconduct after he sold $1.5 million worth of shares in the company two weeks before a surprise earnings downgrade.
Page 20: Qantas has called on the Abbott government to avoid a repeat of a surprise push to allow foreign airlines to fly on domestic routes in Northern Australia.
The West Australian
Page 1: Property and business leaders are urging Western Australians not to get caught up in “doom and gloom” about the State economy, saying WA’s future is bright with opportunities growing.
Page 3: Premier Colin Barnett has told State Parliament that venue memberships will “most likely” be available for the new 60,000-seat stadium at Burswood.
Page 4: Joe Hockey has invited fresh questions about his judgment, telling young Australians they should find a good job with a high salary if they want to buy their first home.
Page 9: Tempers frayed at Barrack Square yesterday when frustrated business owners confronted Transport Minister Dean Nalder, who visited the area unannounced.
Page10: Community law centres in WA are facing a funding cut of $250,000 from the State Government as part of savings measures in this year’s Budget.
Business: John Hughes has called off a float of his car retailing empire for at least two years, blaming a weak WA market and declaring the business may never go public.
Perth biotech Proteomics International Laboratories has had an extraordinary day on the trading boards, jumping almost 250 per cent after announcing a “global breakthrough” with a predictive test for diabetic kidney disease.
Forge Group co-founder Peter Hutchinson is set to make a splash in agribusiness after the purchase of one of WA’s biggest seafood producers.
