16/03/2016 - 07:06

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16/03/2016 - 07:06

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Jobs at risk as brickmaker pays double the freight

Building materials giant Brickworks has warned that jobs at its Perth manufacturing base are under threat as the company considers boosting imports from Spain because it is cheaper than shipping bricks around Australia. The Aus

CBH axes lupin unit shunned by buyers

CBH will shut down its award-winning Lupin Foods Australia business after failing in attempts to find a buyer. The West

ANZ’s series of errors affects 1.3m customers

ANZ Bank will conduct an independent review of its insurance and superannuation arm OnePath after a series of breaches affecting 1.3 million customers, some of whom had their super paid into the wrong account for up to a year. The Fin

Google combats ad-blockers

Google is working with major Australian publishers including Fairfax Media, News Corporation and Ninemsn to help combat the growing tide of consumers turning to ad-blocking. The Fin

Lithium wins grant to tackle battery surge

Resource technology company Lithium Australia has received a federal grant to help commercialise its extraction process to take advantage of the boom in lithium batteries. The Aus

WA languishes close to foot of childcare league

Only one in five children goes to a childcare service in WA, giving the State one of the lowest participation rates in the country. The West

 

 

The Australian Financial Review

Page S1: Australian business needs to be more bold in Asia, embrace the risk of failure and incentivise employees to inject a start-up culture, leading business figures told The Australian Financial Review Business Summit.

Page 1: The prospect of a personal income tax cut in the May budget has diminished after Treasurer Scott Morrison said meaningful reform will have to be funded by government spending restraint, rather than increases in other taxes.

Dan Murphy’s online liquor sales are growing at three times the rate of its 204 physical stores, a rare example of an entrenched retailer repeating its success on the internet.

Page 3: ANZ Bank will conduct an independent review of its insurance and superannuation arm OnePath after a series of breaches affecting 1.3 million customers, some of whom had their super paid into the wrong account for up to a year.

Page 6: Gaming giant Tabcorp faces an investigation by the Australian Federal Police over a $200,000 payment it allegedly made in 2009 when it was exploring the possibility of obtaining an online gaming licence in Cambodia.

Page 7: Reserve Bank of Australia board members spent a sizeable part of this month’s interest rate meeting debating threats to China’s economy.

Page 8: Google is working with major Australian publishers including Fairfax Media, News Corporation and Ninemsn to help combat the growing tide of consumers turning to ad-blocking.

Page 11: Asciano chief executive John Mullen has backed a binding $9.05 billion joint takeover agreement from persistent suitors Qube and Brookfield Infrastructure, saying it will strengthen Australia’s rail and ports infrastructure.

Page 13: Dick Smith customers have been given a week to unsubscribe from the retailer’s database and avoid being bombarded with offers from Kogan, the new owner of Dick Smith’s online stores.

Page 14: Doray Minerals managing director Allan Kelly says the Australian dollar gold price could climb to $2000 an ounce over the next few years, a development that would deliver robust margins for the gold miner and its local peers.

 

 

The Australian

Page 1: The ACT Labor government has signed a secret deal giving all the unions in Canberra the right to veto tenderers for government goods and services, including in the building industry, identified as a hotspot of union corruption and standover tactics.

Page 3: Almost one in five emergency patients admitted to public hospitals for urgent operations, and one in 10 who have elective surgery in the public system, are persuaded to bill their health fund.

Page 7: The self-anointed white knight leading an audacious and unlikely bid to buy Clive Palmer’s stricken nickel refinery has spent years trying to repair his relationship with Labor after being forced from the party over electoral rort allegations.

Page 7: Building materials giant Brickworks has warned that jobs at its Perth manufacturing base are under threat as the company considers boosting imports from Spain because it is cheaper than shipping bricks around Australia.

The company rolling out the National Broadband Network has insisted Malcolm Turnbull’s project is on time and budget, and is working on new technologies to deliver super-fast internet.

Page 19: REA Group has launched one of the most innovative parental leave offers in the Australian technology industry to court millennial employees who want to start families and seek roles that allow greater flexibility.

Page 20: The strength of Australia’s take-or-pay coal port and rail contracts has again been called into question, with ratings agency Moody’s downgrading the debt of Australian coal ports because of the risk of default by mining customers.

Page 21: Swedish fashion and homewares retailer H&M has struck its maiden profit in Australia since setting up shop in 2014 with the opening of a flagship store in Melbourne that sparked a frenzy among shoppers.

Page 23: David Hall, the head of Jetstar’s Australian and New Zealand business, is leaving the low-cost carrier after five years overseeing its domestic and international operations across the Tasman.

Resource technology company Lithium Australia has received a federal grant to help commercialise its extraction process to take advantage of the boom in lithium batteries.

 

 

The West Australian

Page 3: Workers may be denied tax cuts in the May Budget after Scott Morrison indicated they were conditional on adoption of some of the tough measures from the politically poisonous 2014 Budget.

Page 16: Doctors should not prescribe antibiotics routinely for children with middle ear infections, according to experts.

Page 20: Perth Lord Mayor Lisa Scaffidi, who has spent months not answering questions about travel declarations, has broken her silence with a bizarre social media rant accusing a journalist of having “bad breath” and “botox”.

Page 23: Bike vending machines, repair stations and funky bike racks are popping up all over the city as businesses move to cater for bike-riding workers.

Page 24: Only one in five children goes to a childcare service in WA, giving the State one of the lowest participation rates in the country.

Page 26: The rest of Australia is falling out of love with WA as the number of people moving to the State plummets to its lowest in a decade.

Business: CBH will shut down its award-winning Lupin Foods Australia business after failing in attempts to find a buyer.

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