Abbott cabinet to drive trade
Andrew Robb will be tasked with driving a new wave of investment in Australian manufacturing, resources and agriculture in a revamped portfolio of trade and investment, while Ian Macfarlane will be given the additional responsibility for industry in Tony Abbott's first ministry, to be announced today. The Aus
Brockman lashes Forrest on ‘open rail access’ claim
Brockman Mining chief executive Russell Tipper has lashed out at Fortescue Metals Group chairman Andrew Forrest’s refusal to provide third-party rail access, accusing the billionaire of making the misleading claims in an attempt to fend off junior miners. The Aus
Business blasts decision to spend more on Muja
The State’s business lobby and the organisation representing private sector electricity generators have blasted the Barnett Government’s decision to finish the refurbishment of the Muja AB coal-fired power station. The West
CBH makes move into US
CBH has established a beachhead office in the Pacific Northwest in an historic move to buy US and Canadian grain for its customers in Asia. The West
Hundreds rally in ‘battle for Burswood’
Liberal dissent on the issue of local government reform continues to grow as communities throughout the metropolitan area rally in opposition to proposed council mergers. The West
Speed of economic change hits WA
There are more job seekers in Western Australia than any other point in the past five years, as the mining boom cools, according to national equipment firm Kennards Hire. The Fin
Mirabella might still scrape in
Political Eulogies for Sophie Mirabella may have been written too soon, with the Liberal fire-brand narrowing the electoral lead held by independent Cathy McGowan for the Victorian seat of Indi. The Aus
Land of plenty in NSW, WA
The recovery in the residential land market is well under way in Sydney and Perth and is expected to take hold in Brisbane over the current fiscal year. The Fin
Lobbyists calls for fairer bills when roaming
Telecommunications consumer lobby group the Australian Communications Consumer Action Network has renewed a push for regulation on overseas mobile roaming charges after moves to ban them in Europe last week. The Fin
The West Australian
Page 4: The State’s business lobby and the organisation representing private sector electricity generators have blasted the Barnett Government’s decision to finish the refurbishment of the Muja AB coal-fired power station.
Liberal dissent on the issue of local government reform continues to grow as communities throughout the metropolitan area rally in opposition to proposed council mergers.
Page 5: Surf Life Saving WA says it is hampered in its efforts to prevent drownings because it does not have enough money.
Page 9: WA liberal powerbroker Matias Cormann will continue his stellar rise in Federal politics today when he is named in Tony Abbott’s first Cabinet.
Page 11: Large parts of Cockburn Sound are not monitored because of a funding short-fall as research suggests the health of the fragile water-way is deteriorating, an environmental watchdog says.
Business: CBH has established a beachhead office in the Pacific Northwest in an historic move to buy US and Canadian grain for its customers in Asia.
One of Australia’s leading think tanks has issued a fresh call for an end to the State’s domestic gas cartel, saying it hurts competition and is becoming increasingly redundant as new supplies come on stream.
The Australian Financial Review
Page 1: NSW senator Arthur Sinodinos, who ran John Howard’s office when he was prime minister, will not be appointed to cabinet but will be given a portfolio in the outer ministry.
The incoming Abbott government is considering delaying until late January the mid-year budget update to void hurting confidence over the Christmas shopping season.
Australian Banks: Foreign hedge funds are betting Australia’s banks will suffer big share price falls as a slowdown in emerging markets spreads here.
Page 5: Communications Minister-elect Malcom Turnbull has described NBN Co’s independent hunt for a new chief executive as “unusual” and says he will merge it into the Coalition’s own efforts.
Page 6: A malfunctioning fax machine might have cost the Sex Party its first seat in the Senate.
Page 7: There are more job seekers in Western Australia than any other point in the past five years, as the mining boom cools, according to national equipment firm Kennards Hire.
Page 11: Telecommunications consumer lobby group the Australian Communications Consumer Action Network has renewed a push for regulation on overseas mobile roaming charges after moves to ban them in Europe last week.
Page 38: The recovery in the residential land market is well under way in Sydney and Perth and is expected to take hold in Brisbane over the current fiscal year.
Page 39: More than $50 million worth of dairy properties have just hit the market as owners attempt to consolidate positions and take advantage of increased inquiry into the sector.
Page 40: Local and offshore appetite is forecast to rise for farmland in Western Australia’s struggling wheat belt region.
The Australian
Page 1: Andrew Robb will be tasked with driving a new wave of investment in Australian manufacturing, resources and agriculture in a revamped portfolio of trade and investment, while Ian Macfarlane will be given the additional responsibility for industry in Tony Abbott’s first ministry, to be announced today.
The union movement will campaign aggressively to have Labor and Greens politicians use their Senate numbers to block key elements of the Coalition’s policy agenda, including the scrapping of the carbon tax, the reinstatement of a beefed-up building watchdog, and the establishment of a registered organisations commission in the wake of the Health Services Union scandal.
Bronwyn Bishop was once tipped for the top job in government — the prime ministership. Now she is set for the most important position in the parliament, as Speaker of the House of Representatives.
Page 3: A suburban soccer team from Melbourne’s southeast suburbs was thrust into the spotlight yesterday as police arrested nine foreign players and the Australian coach of the Southern Stars.
The 10 men are expected to face match-fixing charges, which were introduced in Victoria only this year.
Page 6: OECD research has backed Coalition claims that Australia’s pioneering carbon pricing is damaging its competitiveness, with energy-intensive industries shifting offshore to countries that do not tax carbon.
Page 7: Mr Albanese, speaking on Sky News’s Australian Agenda, highlighted his experience relative to Mr Shorten, who only entered parliament in 2007. ‘‘I have 17 years up now in the parliament,’’ Mr Albanese said. ‘‘There is an old 20-year rule . . . people who get to be prime minister by and large have complied with that rule.’’
Unions will pressure aged-care providers to pass on at least $1 billion in improved pay and conditions to union members, despite attempts by the Abbott government to thwart union-linked pay increases promised by Labor.
Page 8: Political Eulogies for Sophie Mirabella may have been written too soon, with the Liberal fire-brand narrowing the electoral lead held by independent Cathy McGowan for the Victorian seat of Indi.
Page 17: Senior director and former farm industry group leader Donald McGauchie says an increasingly heated debate about foreign investment that began in the last weeks of the election campaign is ‘‘unfortunate’’ and warns that Australia risks losing capital and expertise to develop its economy if it continues.
Page 19: Brockman Mining chief executive Russell Tipper has lashed out at Fortescue Metals Group chairman Andrew Forrest’s refusal to provide third-party rail access, accusing the billionaire of making the misleading claims in an attempt to fend off junior miners.
Rio Tinto’s share price has risen sharply from its late June lows thanks to a combination of resilient iron ore prices and an analyst tour of its Pilbara operations that led to a string of profit upgrades from big broking firms.
Gina Rinehart’s $10 billion Roy Hill iron ore project is facing further delays of at least six months and is more likely to go ahead if the joint venture partners sell down more equity, according to an analysis of the project by JPMorgan.