21/12/2015 - 06:47

Morning Headlines

21/12/2015 - 06:47

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Premier eyes 2021

Colin Barnett expects to be premier until close to 2021 despite senior Liberals fretting that a “post-boom funk” could oust his Government at the next election in 15 months. The West

ACCC to seek jump in penalties

Australian Competition & Consumer Commission chairman Rod Sims said the regulator would continue to seek higher penalties in the courts. Outlining next year’s priorities, Mr Sims said the ACCC would use a review of consumer laws to push for a slew of reforms. The Aus

Native title threat to leases

The Federal Court of Australia is weighing up claims that the State Government bungled the renewal of pastoral leases covering about 87 million hectares. The West

Telstra rival to challenge in Philippines

The Philippines’ biggest phone and internet provider, PLDT, is preparing to take Telstra and its would-be partner San Miguel to court in an effort to strip the companies of their most valuable spectrum assets. The Fin

Dealmakers ride momentum

Booming mergers and acquisitions activity is set to roll into next year without skipping a beat, as companies chase growth to offset the soft economy and offshore acquirers hunt Australian assets. The Aus

 

 

The Australian Financial Review

Page 1: An agreement by all 163 members of the World Trade Organisation to end agricultural subsidies should make Australian farmers more competitive in dairy, sugar, grain and wine.

Page 3: Star Wars: The Force Awakens has smashed through the Australian opening weekend and opening week box office records and is set to gross more than Harry Potter and Avatar.

Page 9: Not-for-profit organisation StartupAus has compiled a list of Australia’s tech successes over the past 13 years, featuring businesses with valuations in excess of $100 million.

Page 13: The Philippines’ biggest phone and internet provider, PLDT, is preparing to take Telstra and its would-be partner San Miguel to court in an effort to strip the companies of their most valuable spectrum assets.

Page 15: Discounter Costco Wholesale appears to have finally achieved critical mass, six years after entering Australia, reporting a strong rebound in profit in 2015 as sales soared past $1 billion.

Page 20: BHP Billiton’s besieged petroleum business in the United States is set for a rare boost in the years ahead, following the historic political decision to repeal the 40-year ban on exporting American crude oil.

 

 

The Australian

Page 2: Australian Competition & Consumer Commission chairman Rod Sims said the regulator would continue to seek higher penalties in the courts. Outlining next year’s priorities, Mr Sims said the ACCC would use a review of consumer laws to push for a slew of reforms.

Page 3: Billionaire casino magnate James Packer has lashed Australia’s tall poppy syndrome, saying calculated risk-taking by businesses needs to be rewarded and failures should not be punished.

Page 4: Employment Minister Michaelia Cash has dampened industry hopes that a Productivity Commission report into workplace laws will compel the government to act on crippling penalty rates, as she hits out at unions for a “dishonest” scare campaign.

Page 5: Young families are in danger of paying as much as $100,000 each to fix the nation’s finances as federal deficits continue and a political impasse ensures the workers of the future will pay the debts of the past.

Page 15: Booming mergers and acquisitions activity is set to roll into next year without skipping a beat, as companies chase growth to offset the soft economy and offshore acquirers hunt Australian assets.

 

 

The West Australian

Page 1: Colin Barnett expects to be premier until close to 2021 despite senior Liberals fretting that a “post-boom funk” could oust his Government at the next election in 15 months.

Page 4: The new Perth Children’s Hospital will not open until late next year, a year later than originally planned.

Page 5: WA doctors have welcomed new French laws requiring very skinny models to have medical proof of good health but say Australia should wait and see whether they work before considering anything similar.

Page 6: WA families are heading for a cautious Christmas shopping period, with surveys showing the State’s average expenditure will be under the national average.

Page 14: A Thai developer that planned to build a 250-room hotel and 200 apartments at the Perth City Link has walked away over a disagreement about a pedestrian bridge.

Business: The Federal Court of Australia is weighing up claims that the State Government bungled the renewal of pastoral leases covering about 87 million hectares.

It’s not quite on the scale of Gina Rinehart’s Roy Hill project, but for MZI Resources chairman Mal Randall the first shipment of mineral sands products from Keysbrook is just as significant.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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