Woodside urges South Korea to back Perth LNG project
Woodside Petroleum is ramping up pressure on South Korea to sign up for liquefied natural gas from its proposed Browse floating project, emphasising it is in the nation’s interests to see the project move ahead given the boost it would give to the economy and jobs. The Fin
Hospital shot in arm for Midland
People in Perth’s eastern suburbs will have access to critical medical care close to home for the first time when the new Midland hospital opens next month. The West
Alcoa gets green light for Pinjarra expansion
Alcoa has flagged a move to expand production at its Pinjarra refinery by up to 20 per cent, winning environmental approval to push the facility’s total alumina output to five million tonnes a year. The West
ANZ limits lending to cleaner coal
ANZ Banking Group will set stricter rules on lending to the coal industry to bring the bank’s business into line with the growing momentum across the corporate world of reducing carbon emissions. The Fin
Broadcast TV loses attraction
NBN chairman Ziggy Switkowski says the combination of video on demand services such as Netflix and larger broadband data packages means most broadcast television is now irrelevant to young Australians. The Fin
Qantas says carbon plan will fly
Qantas is predicting more corporate customers would take advantage of a unique partnership allowing them to use its carbon scheme to offset emissions and vowed to boost passenger uptake of its voluntary “Fly Carbon Neutral’’ program by making it more attractive to flyers. The Aus
The Australian Financial Review
Page 1: ANZ Banking Group will set stricter rules on lending to the coal industry to bring the bank’s business into line with the growing momentum across the corporate world of reducing carbon emissions.
Page 3: The Reserve Bank of Australia is being urged by a group of prominent monetary policy experts to shun growing calls for another official interest rate cut.
Page 5: NBN chairman Ziggy Switkowski says the combination of video on demand services such as Netflix and larger broadband data packages means most broadcast television is now irrelevant to young Australians.
Page 7: The Turnbull government is re-examining proposals to strip the citizenship from dual nationals associated with terrorism, but it is likely to forge ahead with the laws.
Page 8: Trade ministers were due to meet late Monday night in a last ditch effort to end a five day impasse over the Trans-Pacific Partnership trade deal which will span 40 per cent of the global economy.
Page 13: ANZ has revealed more than 1700 of its staff breached the company’s code of conduct in the last financial year as it argues penalties for overseas corruption should be softened.
Woodside Petroleum is ramping up pressure on South Korea to sign up for liquefied natural gas from its proposed Browse floating project, emphasising it is in the nation’s interests to see the project move ahead given the boost it would give to the economy and jobs.
Page 15: Aurizon has warned annual earnings could be hit by a dispute with the Wiggins Island Coal Export Terminal as the port’s coal miner owners try to cut how much they pay the rail group for the construction of a rail link.
Page 16: Analysts have warned investors that any removal of cross-media ownership restrictions might not lead to a flurry of value-enhancing mergers and acquisitions or a significant re-rating of traditional media stocks.
The Australian
Page 1: The coal industry has less than five years to prove “clean-coal” technologies are commercially viable or face demand constraints caused by climate change policies, the head of the International Energy Agency has declared.
Page 4: The financial impact of mental illness is much greater than previously thought, with severe disorders alone costing Australia nearly $100 billion a year — 6 per cent of GDP — according to a new economic study.
The global export market for the Australian-made Hawkei light armoured vehicle could be worth up to $2 billion on top of the $1.3bn contract announced by the government, according to the global chief of French defence giant Thales.
Page 19: Signs of improving business confidence and faster jobs growth will reassure the Reserve Bank Board when it meets this afternoon and almost certainly decides to keep interest rates on hold.
Trading and mining giant Glencore and its coalmining partners in the Wiggins Island Coal Export Terminal at Gladstone say they are not liable for up to $527 million of payments to rail operator Aurizon over the first 20 years of an associated rail project.
Page 20: Royal Dutch Shell chief Ben van Beurden will not offer any pre-emptive remedies to competition chairman Rod Sims over Shell’s $91 billion bid for BG Group, but says the merger should support development of Shell’s vast Arrow coal-seam gas project in Queensland, which is the focus of Mr Sims’ concerns.
The chairman of gold miner Kingsgate Consolidated yesterday said he was left “flabbergasted” by a decision from the Securities and Exchange Commission of Thailand to reject a proposed spin-off by the company amid allegations of corruption and environmental issues.
Page 21: Qantas is predicting more corporate customers would take advantage of a unique partnership allowing them to use its carbon scheme to offset emissions and vowed to boost passenger uptake of its voluntary “Fly Carbon Neutral’’ program by making it more attractive to flyers.
The West Australian
Page 9: About 70 per cent of WA mental health workers surveyed last month say a staff shortage is stopping them doing their jobs properly.
Page 12: People in Perth’s eastern suburbs will have access to critical medical care close to home for the first time when the new Midland hospital opens next month.
Business: Alcoa has flagged a move to expand production at its Pinjarra refinery by up to 20 per cent, winning environmental approval to push the facility’s total alumina output to five million tonnes a year.
The recovery at St Barbara’s once-troubled Simberi mine in Papua New Guinea appears all but complete, with the company reporting yesterday it “comfortably exceeded” its target 100,000 ounce-a-year production rate in the September quarter.
Contracting entrepreneur Brett Fogarty has emerged as a substantial shareholder in mining services provider Macmahon Holdings.
Walkabout Resources shares jumped 57 per cent to 1.1¢ on news it had hit graphite at Lindi Jumbo project in Tanzania.
