14/10/2015 - 07:07

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14/10/2015 - 07:07

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Forrest applies for more mineral exploration leases

Mining billionaire Andrew Forrest has applied for four new mineral exploration applications near his expanding cattle operations in Western Australia’s Pilbara. The Fin

New Telstra CEO’s threat over prices

Telstra chief executive Andy Penn said the company may reduce spending on infrastructure if the competition regulator cuts wholesale prices, a provocative move that may have to be settled in Federal Court. The Fin

Uni minnows top grad salary scale

New data that pulls back the veil on graduate salaries shows that a degree from the University of Western Australia brings the highest reward for information technology graduates, with a median salary of $66,000 in their first job after graduation. The Fin

BHP may be tempted by ailing mining assets

The growing number of mining assets on the market may tempt BHP Billiton into an opportunistic purchase, with large shareholders in the mining giant saying the company is increasingly interested in mergers and acquisitions. The Fin

Cabbies ranked in bid to lift service quality

Swan Taxis has started rating its 5122 drivers in order for an incentive scheme to improve customer service.

Alcoa to test export of bauxite

Alcoa could begin shipping bauxite to potential customers in Asia early next year, after the State Government approved the trial export of up to 500,000 tonnes of raw ore. The West

 

 

The Australian Financial Review

Page 1: Telstra chief executive Andy Penn said the company may reduce spending on infrastructure if the competition regulator cuts wholesale prices, a provocative move that may have to be settled in Federal Court.

Page 3: The Port of Darwin will be sold for $506 million to a privately-owned Chinese energy and infrastructure group, Landbridge, which said it was considering building hotels in the Northern Territory.

Resources companies said unions would have less power to stall major new projects, such as mines, following the passage of the Coalition’s first piece of industrial relations law since coming to government two years ago.

Page 4: The China Australia Free Trade Agreement is expected to pass Parliament in the next month after Labor produced a diluted list of demands which included an acceptance it could not stop the Chinese importing skilled workers such as electricians without having to test the local job market first.

Page 6: Mining billionaire Andrew Forrest has applied for four new mineral exploration applications near his expanding cattle operations in Western Australia’s Pilbara.

Page 7: New data that pulls back the veil on graduate salaries shows that a degree from the University of Western Australia brings the highest reward for information technology graduates, with a median salary of $66,000 in their first job after graduation.

Page 11: Malcolm Turnbull has distanced himself further from Tony Abbott by leaving open the option of adopting Labor’s superannuation tax increases, or something similar, and taking them to the next election.

Page 16: Lodging website Airbnb and online travel agency eDreams have been told to clean up their act after running afoul of Australian consumer law for slugging customers with service and other fees that were not properly disclosed when they booked accommodation.

Page 19: South-east Asian coal demand is set to triple in the next 25 years, bucking a global trend and giving Australia’s coal exporters a desperately needed boost, the International Energy Agency predicts.

Page 21: The media watchdog is likely to clear Foxtel’s acquisition of a 14.9 per cent stake in Ten Network Holdings by finding that Lachlan Murdoch will not control the free-to-air network as a result of the deal, according to a former senior manager at the regulator.

Page 24: The growing number of mining assets on the market may tempt BHP Billiton into an opportunistic purchase, with large shareholders in the mining giant saying the company is increasingly interested in mergers and acquisitions.

 

 

The Australian

Page 1: Clive Palmer’s managers told a meeting at his Queensland Nickel refinery in Townsville yesterday that the business was losing money, reliant on top-up funds from the parliamentarian and could not afford pay rises for staff.

Page 2: Business groups are calling for a quick end to negotiations between the government and Labor on the China trade deal after the opposition released three key demands for its support to pass it.

Page 3: Tax breaks on superannuation will be put under review as Malcolm Turnbull accepts the need to examine “very substantial” concessions that help workers save for retirement but cost the budget about $30 billion a year.

Page 4: The US “rebalance” to the Asia-Pacific is on track and the newly approved Trans-Pacific Partnership is a vital part of it, says Foreign Minister Julie Bishop.

Page 5: Money back, bonus bets, better odds and happy hours: punters are being bombarded with inducements to gamble by rival online bookmakers locked in a fierce turf war over market share.

Page 19: Competition tsar Rod Sims has fired a broadside at Telstra over its claim that the ACCC acted outside its powers in a recent wholesale-pricing decision, saying that the telco giant played the “regulatory game hard” and he had a “diametrically opposed” point of view.

Insurance comparison business iSelect is in the sights of a private equity suitor as it appoints its third chief executive since listing two years ago.

Page 21: Some of Australia’s most loved beer brands, such as VB, Carlton Draught and Cascade, are set to have their third owner in four years after Belgium beer giant Anheuser-Busch InBev clinched an in-principle deal to buy rival SABMiller for $US104 billion ($142bn) to create a brewer that will own one out of every three beers drunk worldwide.

 

 

The West Australian

Page 4: WA patients could take part in medical marijuana clinical trials amid growing momentum for its legalisation in Australia.

Page 5: Tourists will soon be able to catch a single bus from Perth city to the international airport for $4.50.

Page 11: Swan Taxis has started rating its 5122 drivers in order for an incentive scheme to improve customer service.

Page 16: The Liberal party room will not decide for at least a week whether to let big retail stores open an hour earlier from Monday to Saturday after it deferred a new package of trading hours.

Page 20: Western Power paid US consulting firm McKinsey & Company $6.1 million for a “top to bottom” business improvement program.

Business: A veteran litigation funder has accused the State Government’s top legal adviser of showing hubris amid a bitter creditor row over $1.7 billion held in Alan Bond’s failed Bell Group.

Yara Pilbara has been forced to shut its liquid ammonia plant near Karratha after an unexplained rupture to its seawater system.

State governments tightening the purse strings of power utilities has added to the resources slump woes of one of the nation’s biggest electricity technology providers.

Alcoa could begin shipping bauxite to potential customers in Asia early next year, after the State Government approved the trial export of up to 500,000 tonnes of raw ore.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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