18/09/2015 - 06:57

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18/09/2015 - 06:57

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Rinehart’s northern tribute

Mining billionaire Gina Rinehart has paid tribute to the pioneering spirit of the Henwood and MacDonald families as she prepares to take the reins of Kimberley cattle station Fossil Downs. The West

Sims’ threat to $100bn gas merger

One of the biggest corporate energy deals in history could be blocked or delayed by the competition regulator, which is concerned the $US70 billion ($98 billion) Royal Dutch Shell-BG Group merger could trigger gas shortages in Australia. The Fin

Tax dodgers have three months or bill will double

Companies caught by Australia’s new anti-avoidance tax laws have just three months to restructure or face a doubling of their tax bills. The Fin

Elections no threat to Mongolian mine: Rio

Rio Tinto is confident next year’s Mongolian elections won’t pose a political or sovereign risk to its planned $US6 billion ($8.4bn) investment in the delayed underground copper and gold mine expansion of the Oyu Tolgoi project. The Aus

Casino plan for Karratha raises fears

Proponents of a plan for a casino complex in Karratha hired former Liberal leader turned lobbyist

Matt Birney to get high-level talks with Premier Colin Barnett and Racing and Gaming Minister Colin Holt. The West

$335m profit flows in from Water Corp

Profits from the Water Corporation to the State Government have more than doubled to $335 million in the past two years, sparking Opposition claims of price gouging. The West

 

 

The Australian Financial Review

Page 1: One of the biggest corporate energy deals in history could be blocked or delayed by the competition regulator, which is concerned the $US70 billion ($98 billion) Royal Dutch Shell-BG Group merger could trigger gas shortages in Australia.

Page 3: Many Australians are changing their travel habits because of the severe drop in the value of the Australian dollar.

Page 4: Companies caught by Australia’s new anti-avoidance tax laws have just three months to restructure or face a doubling of their tax bills.

Page 11: One of Australia’s top economic research centres has withdrawn its controversial finding that graduates of the elite Group of Eight universities earn less through their careers than people who study at less prestigious institutions.

Page 13: Bankers and lawyers expect a steady rather than a stellar finish to 2015 for local equity capital markets volumes, even as new share issues for the finance sector surged to record year-to-date levels underpinned by bumper Australian bank raisings.

All of Australia’s big beer brands except one have had new foreign owners in the past six years but that isn’t the reason why beer consumption is at a 68-year low.

Page 17: True no-interest lender Good Shepherd has called for payday lenders and consumer goods rental companies to be forced to refer poor customers to it if they try to get loans for essential items.

Page 19: Packaging giant Amcor has paid its former chief executive, Ken MacKenzie, a $US16 million ($22.3 million) retirement package, praising him for turning the box maker into a world leader.

Page 20: BHP Billiton chief executive Andrew Mackenzie has signalled that China may have turned a corner, saying he had shifted from a slight ‘‘bear’’ on the world’s second-largest economy three months ago to once against siding with the China ‘‘bulls’’.

 

 

The Australian

Page 1: Anger at a looming cabinet reshuffle is building within the government as Malcolm Turnbull considers rewarding key allies who put him in power, with Christopher Pyne telling colleagues he wants the defence portfolio.

One of Australia’s leading complementary medicine research institutes is being inundated with offers of financial support from prospective Chinese investors, as a dearth of government funding threatens to stall crucial research projects and expose the sector to foreign takeovers.

Page 4: The government will target regional towns needing a population boost and employers struggling with skills shortages as it seeks to resettle more than 12,000 refugees from the Syrian conflict.

Page 7: Tony Abbott has pledged not to “white ant” Malcolm Turnbull but some “massively angry” followers seem prepared to provide the sort of cabinet leaks used to destabilise the former prime minister.

Page 19: Rio Tinto is confident next year’s Mongolian elections won’t pose a political or sovereign risk to its planned $US6 billion ($8.4bn) investment in the delayed underground copper and gold mine expansion of the Oyu Tolgoi project.

Page 20: The local head of Japanese trading giant Mitsui, which generates $8 billion of annual sales through Australian iron ore, coal, LNG and agriculture, says Australia has been offered a unique competitive opportunity through the China Free Trade Agreement that it should not miss.

Page 22: Telstra is on its way to bagging “tens of millions” of dollars in revenue from its Indonesian joint venture after signing up its first corporate customer in the booming archipelago nation.

Page 24: Uber Technologies’ biggest rivals around the world are banding together to launch a counter-attack by linking their apps and effectively creating an international ride-hailing service.

Page 28: The air safety regulator will look at the cost to the industry of safety regulations and entertain proposed alternatives as part of a regulatory “philosophy’’ issued in response to last year’s Aviation Safety Regulation Review.

 

 

The West Australian

Page 11: The race is on to get the first beer at Elizabeth Quay with tavern Three Pounds set to open late this summer.

Page 13: Proponents of a plan for a casino complex in Karratha hired former Liberal leader turned lobbyist Matt Birney to get high-level talks with Premier Colin Barnett and Racing and Gaming Minister Colin Holt.

Page 18: Profits from the Water Corporation to the State Government have more than doubled to $335 million in the past two years, sparking Opposition claims of price gouging.

Page 24: The WA Museum in Perth will close to the public for almost four years from June so its new $428 million facility can be built at the Perth Cultural Centre.

Business: Mining billionaire Gina Rinehart has paid tribute to the pioneering spirit of the Henwood and MacDonald families as she prepares to take the reins of Kimberley cattle station Fossil Downs.

China Inc is about to join the hunt for nickel in WA’s Fraser Ranges, with Hong Kong-listed MMG tipped as Segue Resources’ new partner at the Plumridge nickel project.

Asia’s biggest airline, China Southern, has launched a major new advertising campaign to increase passenger numbers out of WA.

IPG Mediabrands Perth was appointed to a joint China Southern and Perth Airport advertising account after a competitive pitch process this year.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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