Business alarm on tax
Top executives of the biggest companies and employers are alarmed that Malcolm Turnbull is turning his back on increasing the good and services tax, warning it will destroy any hope of introducing the personal income and corporate tax cuts needed to boost the economy. The Fin
Optus prepares for Premier League debut
Australian fans of the English Premier League will have the option of a direct-to-consumer subscription streaming service to watch giants such as Arsenal, Liverpool and Manchester United, but many details remain up in the air as Optus takes up the rights for the first time in August. The Fin
'Trust us', says NBN boss
The boss of the highly criticised NBN rollout has asked for trust as he vows to have 8 million homes and businesses connected to high speed broadband by 2020. The West
ASIC to sue ANZ over rate rigging
The corporate regulator is on the verge of launching legal action against ANZ Banking Group following an investigation into bank bill swap rate manipulation between 2007 and 2013. The FIn
Ascent of Christian Right splits Liberals
WA Liberals say the party must become more alert to its vulnerability to infiltration by evangelical Christians seeking to use its platform to pursue sectional interests. The West
BHP faces dividend conundrum
Mining giant BHP Billiton can defend its credit rating by scrapping its controversial progressive dividend policy, ratings agency Standard and Poor’s says. The West
Diploma wins $22m in contracts
Diploma says it has won contracts to build the $17 million Quest Hotel in Midland and the $5 million Yanchep Surf Lifesaving Club. The West
The Australian Financial Review
Page 1: Top executives of the biggest companies and employers are alarmed that Malcolm Turnbull is turning his back on increasing the good and services tax, warning it will destroy any hope of introducing the personal income and corporate tax cuts needed to boost the economy.
The corporate regulator is on the verge of launching legal action against ANZ Banking Group following an investigation into bank bill swap rate manipulation between 2007 and 2013.
Page 3: After years of neglecting Chinese tourists, Australian retailers are gearing up for a $500 million Lunar New Year spending spree by tapping their Mandarin-speaking staff, tacking up Chinese-language signs and stocking up on red and gold merchandise.
Page 6: The Coalition government’s efforts to trigger an infrastructure boom show signs of floundering, with official figures showing there has been an unexplained $16 billion cut in expected spending since the 2014 budget.
Page 13: Rio Tinto is expected to slash its $US4.1 billion ($5.8 billion) annual dividend payout as early as August.
Telstra’s venture capital arm is looking at further investments in cyber-security, cloud services and consumer applications but warns valuations are looking stretched following a surge of investment activity over the last four years.
Page 29: Australian fans of the English Premier League will have the option of a direct-to-consumer subscription streaming service to watch giants such as Arsenal, Liverpool and Manchester United, but many details remain up in the air as Optus takes up the rights for the first time in August.
The Australian
Page 1: Japan has assured Australia its most secret stealth technology will be included in the new submarines it wants to build for the Royal Australian Navy.
Page 4: Malcolm Turnbull’s innovation push will be cemented this year with the $500 million biomedical translation to market fund set to make its first investments through a scheme designed to return a profit to the government.
Page 17: Investor jitters are expected to spill over to the Australian sharemarket this week, with turmoil in the US technology sector set to test local players.
Page 19: State governments face fresh pressure to unlock gas reserves as a new report reveals the importance of the energy industry to the economy.
The $US1 billion ($1.44bn) eHarmony online dating group says it can increase revenues from Australia, its biggest international market outside the US, by 50 per cent in next two years following a move into the recruitment industry and the launch of new mobile applications.
Troubled logistics company McAleese has warned it will incur asset writedowns of up to $55 million when it announces its half-year results this month.
Page 21: Commonwealth Bank chief Ian Narev will this week hand down one of the most closely watched profit results of the month, sending vital signals on the nation’s economic transition and the sustainability of the market’s lofty dividend payouts.
Page 23: Football Federation Australia has kicked off negotiations on the richest television deal in its 11-year history by targeting a doubling in the price of its media rights with more free-to-air coverage.
The West Australian
WA Liberals say the party must become more alert to its vulnerability to infiltration by evangelical Christians seeking to use its platform to pursue sectional interests.
Staff at Perth public hospitals are increasingly relying on security staff to stay safe, with a staggering 20,000 “code black” threat alarms reported last year.
Mining giant BHP Billiton can defend its credit rating by scrapping its controversial progressive dividend policy, ratings agency Standard and Poor’s says.
The boss of the highly criticised NBN rollout has asked for trust as he vows to have 8 million homes and businesses connected to high speed broadband by 2020.
The CBH board has threatened legal action against a former favourite son as the $3 billion debate over the giant grain co-operative’s future turns ugly.
A tour company for Margaret River wine lovers has been acknowledged as one of Australia’s top tourist operations for the second year in a row.
Diploma says it has won contracts to build the $17 million Quest Hotel in Midland and the $5 million Yanchep Surf Lifesaving Club.
