04/02/2016 - 06:50

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04/02/2016 - 06:50

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Super plan could hit 9.5m savers

Malcolm Turnbull risks punishing more than nine million workers with higher taxes on their retirement savings as he prepares a drastic change to superannuation alongside controversial plans to increase the GST. The Fin

BP opens freeway firsts

Two giant BP “travel centres” — the first of their kind in WA — have opened on Kwinana Freeway to provide the only substantial roadside facilities on the 110km journey between Perth and Lake Clifton. The West

WA Budget woes weigh on nation

The State Government’s deteriorating Budget bottom line is weighing on the nation’s finances amid warnings key assumptions underpinning Canberra finances may be too rosy. The Fin

Education becomes a $20b export

Export revenue from international students, driven by the lower dollar, has soared 13 per cent in 2015 to make education a $20 billion export industry. The Fin

Oil fall will power us along, says Fortescue

Lower oil prices will help the Australian economy because of its big exposure to transport costs, Fortescue Metals Group chief executive Nev Power said yesterday. The Aus

Pipeline boss faces insider trade charge

WA business figure and State manager of pipeline company APA Group, Steve Noske, faces an insider trading charge over a 2012 deal involving LNG Ltd’s 2012 bid for Westside Corporation. The West

 

 

The Australian Financial Review

Page 1: The Turnbull government is under internal pressure to dump or scale back its GST plans from at least half the Coalition backbench, which opposes an increase in the rate and is threatening a revolt.

Page 3: Export revenue from international students, driven by the lower dollar, has soared 13 per cent in 2015 to make education a $20 billion export industry.

Page 6: The national building watchdog has used his controversial coercive powers to require a government safety inspector to give evidence against a construction union official.

Page 13: BHP Billiton must make a significant cut to its dividend later this month and not be tempted into a token ‘‘tweak’’, Standard and Poor’s says.

Global private equity giant Blackstone is considering buying Woolworth’s failed Masters business.

Page 29: Shopping centre giant Westfield says it will invest up to $US5 billion in its biggest market, the United States, over the next five years.

 

 

The Australian

Page 1: Malcolm Turnbull risks punishing more than nine million workers with higher taxes on their retirement savings as he prepares a drastic change to superannuation alongside controversial plans to increase the GST.

The chief executive of Tatts Group has warned federal MPs not to be “duped” by a lobbying campaign by foreign bookmakers in an explosive first public foray into the in-play betting debate from the listed wagering and lotteries giant.

Page 3: Australia’s two largest health funds are demanding doctors sign declarations before performing certain surgery on members to prove it is clinically necessary and deserving of benefits.

Page 6: ABC managing director Mark Scott says media companies “who do not have to make a profit” are best placed to tell Australian stories as local content battles a flood of cheap international imports.

Page 7: Private sector rivals to the National Broadband Network have warned of “nationalisation by stealth” through proposed rules for superfast internet infrastructure in new housing estates.

Page 19: Lower oil prices will help the Australian economy because of its big exposure to transport costs, Fortescue Metals Group chief executive Nev Power said yesterday.

Page 20: Oil and gas companies are set to accelerate job cuts in the year ahead as the scramble to adjust to lower energy prices continues, according to a major new survey of industry executives.

Page 22: Wealthy Australians are flocking to Israeli equity crowdsourcing funding platform OurCrowd, with local investors now accounting for about $60 million of the $260m that has been raised by the company for investment in hi-tech start-ups across the world.

Page 26: Outgoing Macquarie Group chairman Kevin McCann heads a string of high-profile executives and former public servants running the board of $300 million pub operator Dixon Hospitality Group as it moves towards a float on the Australian Securities Exchange.

 

 

The West Australian

Page 1: WA’s biggest health fund has warned that moves to block premium rises could lead to bigger gap payments for patients.

Page 3: Recorded snake bites in WA have more than doubled in the past decade, with an expert saying Perth’s burgeoning human population is displacing the reptiles.

Malcolm Turnbull will continue Tony Abbott’s hardline approach to boat people, with the Government believing that if it did not return asylum seekers to Nauru there would be a “trail of self-harm”.

Page 7: Only a few weeks ago, John Italiano was pouring away thousands of litres of wasted milk. Today, he and other South West dairy farmers are being toasted as the best milk producers in Australia.

The State Government’s deteriorating Budget bottom line is weighing on the nation’s finances amid warnings key assumptions underpinning Canberra finances may be too rosy.

Page 13: The latest shots have been fired in the local taxi war, with Uber entering into a new partnership with a Perth company to make it easier to attract drivers.

Page 14: The State Government will declare war on wild dogs in the interests of livestock production and public safety.

Two giant BP “travel centres” — the first of their kind in WA — have opened on Kwinana Freeway to provide the only substantial roadside facilities on the 110km journey between Perth and Lake Clifton.

Business: New towers built to meet strong demand for office space in Perth during the resources boom have contributed to the CBD’s highest office vacancy rate in 21 years.

WA potato growers have accused Colin Barnett of turning a blind eye to their plight despite warnings about the future of an industry in limbo.

WA’s environment watchdog has moved to head off fresh conflict-of-interests concerns, this time over its newest board member.

Suspended vanadium producer Atlantic is seeking to buy back the mothballed Windimurra mine in WA’s Mid West, crystallising yet another wave of losses at a site already synonymous with value destruction.

WA business figure and State manager of pipeline company APA Group, Steve Noske, faces an insider trading charge over a 2012 deal involving LNG Ltd’s 2012 bid for Westside Corporation.

A West Perth-based medical marijuana company has leased part of a US crop so it has skin in the game when it seeks cultivation licences in California.

A refusal by the Takeovers Panel to get involved has strengthened CIMIC Group’s hostile $243 million bid for Sedgman as it closes in on gaining a majority stake in the engineering firm.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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