27/10/2015 - 07:15

Morning Headlines

27/10/2015 - 07:15

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Oil price falls, fuel discounting could push unleaded lower

Petrol prices across Perth could fall towards $1 a litre, delivering the State a much needed economic boost in the run-up to Christmas. The West

Aldi’s shoppers joining the club

Aldi is set to ramp up the quality and breadth of its product range in Australia by launching a ‘‘Testers Club’’ that will be a world first for the discount chain, as it chips away at Woolworths’ and Coles’ dominance of middle-market shoppers. The Aus

Live streaming not that great yet: Ten’s Anderson

Ten Network Holdings chief executive Paul Anderson reckons the case for streaming all the free-to-air broadcaster’s channels 24/7 over the internet doesn’t stack up yet and will, for now, not follow rivals Seven and Nine. The Fin

Loyalty scheme unlikely to please

Woolworths could recoup some of the cost of its $500 million loyalty program by asking suppliers to fund customer rewards and trimming promotional spending. The Fin

CFMEU has $10m war chest to fight Turnbull

The CFMEU has a $10 million-plus war chest to campaign against the Turnbull government at the federal election and fight moves to revive stalled laws to curb corruption in the building industry and unions. The Aus

New terminal is ‘world class’

The most spectacular part of the billion-dollar upgrade of Perth Airport — the T1 Domestic Terminal — will open on November 22 and promises to transform passengers’ travel experience. The West

 

 

The Australian Financial Review

Page 1: Steel maker BlueScope has been accused of hypocrisy for extracting a $60 million tax break from the NSW government while it seeks protection from Asian competitors.

Page 3: High frequency traders are becoming more sophisticated and aggressive and have increased gross revenues while trading more ‘‘mid-tier’’ securities.

Page 5: Labor has challenged the Turnbull government to reinstate cuts it made to the superannuation contributions for the low paid to prove it was serious about redressing the retirement savings gap of women and others whose working lives are disrupted.

Leaving money for their children is the top reason retirees draw on their superannuation savings, according to a survey by the Retail Employees Superannuation Trust, highlighting the challenge of defining the purpose of the super system.

Page 6: The hospitality industry is mounting a push to make it easier to hire part-time workers by offering guaranteed minimum hours and entitlements only available to permanent staff.

Page 13: Ten Network Holdings chief executive Paul Anderson reckons the case for streaming all the free-to-air broadcaster’s channels 24/7 over the internet doesn’t stack up yet and will, for now, not follow rivals Seven and Nine.

Page 15: Gas pipeline giant APA Group is looking for opportunities in gas storage after being soundly beaten in the bidding for a gas plant by a $1.78 billion offer from QIC.

Woolworths could recoup some of the cost of its $500 million loyalty program by asking suppliers to fund customer rewards and trimming promotional spending.

Page 18: James Packer’s casino partner in Macau, Lawrence Ho, has admitted China’s anti-corruption crackdown has hurt high-roller revenue but he remains confident its Studio City casino will win strong mass-market share.

Page 19: Copper minnow Aditya Birla has come out blazing in its rejection of an $82 million offer for the company from Perth-based miner Metals X.

 

 

The Australian

Page 1: Bill Shorten’s standing with voters has tumbled to his lowest level as Malcolm Turnbull’s support hits new highs and the Coalition enjoys its strongest lead in two-party terms in almost two years.

Yes, it’s a World Cup final and there has never been one before between New Zealand and Australia, the two top-ranked sides in rugby union.

Page 3: The next billion-dollar video game will be released early next month, energising an industry that is already bigger than movies and music combined and worth $2.5 billion in Australia.

Page 4: The government still hasn’t secured enough support from the Senate crossbench to re-establish the construction industry watchdog but at least one of the three independents who voted against the key industrial relations bill is willing to negotiate.

The CFMEU has a $10 million-plus war chest to campaign against the Turnbull government at the federal election and fight moves to revive stalled laws to curb corruption in the building industry and unions.

Page 7: The heads of the nation’s two busiest federal courts will be forced to give up control over part of their judicial fiefdoms, as the Turnbull government prepares to trigger upheaval in the court system.

Page 19: Aldi is set to ramp up the quality and breadth of its product range in Australia by launching a ‘‘Testers Club’’ that will be a world first for the discount chain, as it chips away at Woolworths’ and Coles’ dominance of middle-market shoppers.

Page 21: Billionaire rag trader Solomon Lew has cashed out more than 60 million shares in Australian Pharmaceutical Industries, putting an end to a fractious relationship that saw him lodge multiple protest votes against the health and beauty company.

 

 

The West Australian

Page 1: Petrol prices across Perth could fall towards $1 a litre, delivering the State a much needed economic boost in the run-up to Christmas.

Page 3: The WA Government will consider allowing private operators to take over the State’s crematoriums and cemeteries.

Page6:  Colin Barnett has defended Dean Nalder’s bid to grab Liberal backbencher Matt Taylor’s “prize” seat of Toohey, comparing the Transport Minister deserting Applecross to him standing for election in Nedlands instead of Cottesloe.

Page 9: The most spectacular part of the billion-dollar upgrade of Perth Airport — the T1 Domestic Terminal — will open on November 22 and promises to transform passengers’ travel experience.

Page 13: The State Government is expected to buy more “B-series” rail cars to service the new Forrestfield-Airport rail link so a $1.2 billion order for next-generation trains can be pushed back.

Page 14: Australians are increasingly at risk of outliving their superannuation nest eggs, putting the lifestyles of millions of potential retirees at risk, research shows.

Business: Colin Barnett’s long-held ambition for a Kimberley LNG hub has overcome a major hurdle after receiving the conditional green tick from the Environmental Protection Authority.

Northern Star Resources managing director Bill Beament told analysts on the company’s quarterly results call yesterday future growth would come organically, rather than through a repeat of the acquisition spree that has taken it from a single mine company in 2010 to a 600,000 ounce a year producer by next financial year.

Little Creatures Brewing Company co-founder Howard Cearns and former prime minister Bob Hawke yesterday led tributes for Lloyd Zampatti, the one-time Perth corporate titan who died on Saturday, aged 86.

Troubled Perth streaming service Quickflix is cutting staff and negotiating deals with content providers as it strives to become viable in the highly competitive sector.

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