Harold Mitchell slams Kidman ban
Harold Mitchell has criticised Treasurer Scott Morrison’s decision to block the sale of Australia’s largest cattle property portfolio, S. Kidman & Co, to foreign buyers and called on local investors to take a greater interest in the country’s agricultural sector. The Fin
Woodside eyes Origin
Woodside Petroleum is believed to be examining Origin Energy’s Perth basin asset for a potential acquisition, according to sources. The Aus
Broadcasters call for unity against Netflix
Senior executives from Nine Entertainment, Seven West Media and Network Ten have called for Australian broadcasters to set aside their differences and join forces against the onslaught of foreign digital media giants such as Netflix, which have bigger budgets and global viewers. The Fin
Private equity giants run ruler over Woolies
Global private equity groups Blackstone and The Carlyle Group are believed to have approached the Woolworths board in recent weeks about a potential takeover of the entire $30 billion supermarket giant. The Aus
WA unions fight Federal move
Unions have vowed to fight a proposal to dismantle the State’s industrial relations system and transfer hundreds of thousands of workers to the Federal system. The West
Wellard’s Balzarini awaits float payday
Wellard founder Mauro Balzarini will enjoy a $US650,000 ($900,000) annual package and be in line for bonuses after the planned float of his livestock export group. The West
The Australian Financial Review
Page 1: Malcolm Turnbull has warned China directly that it will not only isolate itself in the region, but could start a war should it continue with its territorial claims and threats to navigation in the South China Sea.
Elizabeth Crouch says Brickworks risks becoming a corporate dinosaur if it refuses to change its ‘‘boys club’’ mentality and keeps fighting board renewal.
Page 4: Harold Mitchell has criticised Treasurer Scott Morrison’s decision to block the sale of Australia’s largest cattle property portfolio, S. Kidman & Co, to foreign buyers and called on local investors to take a greater interest in the country’s agricultural sector.
Page 10: Australia’s iron ore and coal exports might have become negative bellwethers for the economy, but other resource sector bright spots are emerging.
Page 15: Santos management has been highlighting the wide gap between broker valuations of its assets and its share price, as it seeks to convince retail shareholders they should take up their entitlements in the company’s $2.5 billion rights issue, despite the flagging oil price belting stocks in the sector.
Page 16: As household budgets feel the pinch of higher mortgage rates, banks are stepping up their competition for new home loan customers by cutting key fixed-interest rates, new figures show.
Page 31: Senior executives from Nine Entertainment, Seven West Media and Network Ten have called for Australian broadcasters to set aside their differences and join forces against the onslaught of foreign digital media giants such as Netflix, which have bigger budgets and global viewers.
The Australian
Page 1: With demand for gas growing, exacerbated by Australia’s rising status as a liquefied natural gas superpower, exploration companies, wearied by pitched battles over fracking fought on the east coast, are increasingly looking north.
Families will be able to cut childcare costs by sending children to daycare for shorter sessions, as the federal government forces centres to bill by the hour and abolish flat daily fees.
Page 5: China appears ready to streamline rules that are hampering $9 billion in Australian coal exports, after Chinese Premier Li Keqiang agreed that work should be done to fix the problem.
Page 18: Global private equity groups Blackstone and The Carlyle Group are believed to have approached the Woolworths board in recent weeks about a potential takeover of the entire $30 billion supermarket giant.
Woodside Petroleum is believed to be examining Origin Energy’s Perth basin asset for a potential acquisition, according to sources.
Page 21: Mirvac Group’s hand in the negotiations for control of a $2.45 billion portfolio of office towers owned by China Investment Corporation could be bolstered if it signs up Investa Office chief executive Campbell Hanan, who plans to step down from his role after a 12-year stint.
The West Australian
Page 3: Violence, bullying and disruptive student behaviour were the top concerns for more than one quarter of parents surveyed about public high schools in the Goldfields, an Education Department report reveals.
Page 11: The Japanese Government has pointed to rising tensions with China as a reason Australia should give a multibillion-dollar submarine contract to Tokyo.
Page 12: Western Australians may soon be able to have their bodies frozen with liquid nitrogen or dissolved in lye as alternatives to cremation.
Page 13: Young theatre-makers, dancers and experimental artists are the winners in the biggest overhaul of WA arts funding in decades.
Business: Unions have vowed to fight a proposal to dismantle the State’s industrial relations system and transfer hundreds of thousands of workers to the Federal system.
Wellard founder Mauro Balzarini will enjoy a $US650,000 ($900,000) annual package and be in line for bonuses after the planned float of his livestock export group.
The incoming boss of the Financial Planning Association has vowed to push ahead with improving the educational reforms for the industry.