19/02/2016 - 07:03

Morning Headlines

19/02/2016 - 07:03

Bookmark

Save articles for future reference.

WA growers warned over CBH Group

NSW grain growers have warned Western Australian growers against listing their co-operative, CBH Group, because future farming generations would end up paying a hefty price. The Fin

Coleman cool on big-ticket deals

Major acquisition activity in the oil and gas sector could be a couple of years away, according to Woodside Petroleum boss Peter Coleman, who has dialled down the rhetoric on the company’s acquisition plans as oil prices continue to fall. The Aus

Coalition hits Clinton on trade

On his first day as Trade Minister, Steven Ciobo accused the frontrunner for the US Democratic Party presidential nomination, Hillary Clinton, of conducting a union-backed misinformation campaign against the Trans-Pacific Partnership, a trade bloc championed by Australia. The Fin

CGT changes would hit big end of town

Wealthier taxpayers would be hit harder by the abolition of the 50 per cent capital gains tax discount than if negative gearing was scrapped, modelling by PwC shows. The Fin

Telstra TV not taking Foxtel clients

Telstra chief executive Andy Penn says the telecommunications provider is seeing no cannibalisation of Foxtel customers by Telstra TV, as the pay TV provider, which is half owned by the telco, grew its subscribers in the first half. The Fin

Battery boom heats lithium gains for Australian miners

The only things hotter than Western Australia’s scorched outback are the mining companies preparing to supply the lithium needed by the likes of Nissan and Tesla Motors to meet booming demand for electric cars. The Fin

 

 

The Australian Financial Review

Page 1: On his first day as Trade Minister, Steven Ciobo accused the frontrunner for the US Democratic Party presidential nomination, Hillary Clinton, of conducting a union-backed misinformation campaign against the Trans-Pacific Partnership, a trade bloc championed by Australia.

Page 3: Village Roadshow and Foxtel are leading separate actions in the Australia Federal Court to block piracy websites which enable users to watch Hollywood blockbuster movies such as Star Wars and local dramas including Wentworth for free.

Page 4: Any lingering hopes for a meaningful tax cut in the May 10 budget have been dealt a further blow after the federal government reversed its rhetoric about the urgency of tackling bracket creep.

Page 5: A superannuation overhaul could be unveiled before the May federal budget and Treasurer Scott Morrison has left the door open to a reduction in the amount self-funded retirees have to draw down each year.

Page 7: Wealthier taxpayers would be hit harder by the abolition of the 50 per cent capital gains tax discount than if negative gearing was scrapped, modelling by PwC shows.

Page 8: State governments may have to spend billions of dollars to duplicate the electricity network to cope with the unreliability of renewable energy sources such as wind and solar, according to the national energy forecaster.

Page 13: Telstra chief executive Andy Penn says the telecommunications provider is seeing no cannibalisation of Foxtel customers by Telstra TV, as the pay TV provider, which is half owned by the telco, grew its subscribers in the first half.

Page 17: NSW grain growers have warned Western Australian growers against listing their co-operative, CBH Group, because future farming generations would end up paying a hefty price.

Page 20: South32 is prepared to buy Anglo American’s manganese assets if the London-based miner is willing to accept a realistic offer.

Page 21: Gaming giant Tatts Group has ruled out a $9 billion merger with Tabcorp proceeding this year as the two rivals plot against each other to snare Western Australia’s $1 billion TAB network.

Page 28: The only things hotter than Western Australia’s scorched outback are the mining companies preparing to supply the lithium needed by the likes of Nissan and Tesla Motors to meet booming demand for electric cars.

 

 

The Australian

Page 1: Senior Qantas, ANZ, Telstra and Australia Post executives have been drafted to the Australian Public Service to advise high-level bureaucrats on making public-sector management more “businesslike”, as the Coalition prepares to unveil a radical modernisation plan.

Page 4: Scott Morrison’s concerns over average workers being hurt by bracket creep has been underlined by figures showing 300,000 taxpayers will be pushed into the second-highest tax bracket in two years.

Page 19: Telstra has vowed to continue pouring billions of dollars into its mobile network despite posting its weakest profit growth in five years, with chief executive Andy Penn saying he takes full responsibility for the recent outage that crippled its mobile network.

The Queensland government will consider removing a shareholding cap on coal hauler and railway operator Aurizon Holdings, in a move that could boost the value of its shares.

Page 20: Major acquisition activity in the oil and gas sector could be a couple of years away, according to Woodside Petroleum boss Peter Coleman, who has dialled down the rhetoric on the company’s acquisition plans as oil prices continue to fall.

 

 

The West Australian

Page 1: WA Liberal MPs in blue-ribbon seats are being hit by complaints from angry supporters who vow they will never again vote for the party because of the impact of land tax hikes handed down in last year's State Budget.

Page 3: Two of three employees who collectively signed off on almost $80 million worth of unauthorised information communication technology services still work in the WA Health system.

Page 4: Local mayor Brad Pettitt is weighing up running for the Federal seat of Fremantle for the Greens.

Page 5: Decades after East Fremantle’s Royal George Hotel served last drinks, there are plans to restore and re-open the historic pub.

Page 24: WA’s water regulator will dramatically expand the requirement for major water users to be metered as part of efforts to better manage dwindling groundwater reserves.

Page 26: Colin Barnett has given his strongest indication that Western Power will be sold, arguing the dire state of the Budget may leave his Government “no alternative”.

Business: Roy Hill Holdings has escalated its row with Samsung C&T by attempting to seize a $235 million performance bond from the project manager.

Newmont Mining’s Asia Pacific boss Tom Palmer has been rewarded for improving the performance of the US giant’s WA operations by being handed the keys to its global suite of mines.

This year’s Emergence Festival will give local creatives a chance to play with drones, virtual reality, animation suits and immersive technology.

A compromise $37 million deal with the competition regulator has locked Automotive Holdings Group into the auto parts business for at least another two years.

Transport Minister Dean Nalder has defended the Public Transport Authority’s integrity in regard to a spike in NRW Holdings’ stock days before becoming one of the successful bidders for a $2 billion project.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options