Ports, land shape as assets to be cashed in
Port infrastructure and government landholdings are shaping as the first assets to be sold as the Barnett government tries to win back the AAA credit rating. The West
Dollar rise frustrates RBA board
Reserve Bank of Australia board member John Edwards has expressed frustration that the shock US Federal Reserve’s decision to continue injecting billions into the global financial markets sent the Australian dollar to a three-month high. The Fin
I'll get Jakarta onboard on boats, says Tony Abbott
Tony Abbott insisted yesterday his government would be able to work effectively with its Indonesian counterpart, despite concerns raised in Jakarta as he launched his long-vaunted Operation Sovereign Borders. The Aus
Abbott moves to scuttle gay marriage bill
Newly minted Prime Minister Tony Abbott is continuing to flex his muscle by threatening to override a plan by the ACT Labor government to legalise same-sex marriage. The Fin
US Fed tapering hold-off drives up shares, dollar
A shock decision by the US Federal Reserve to maintain its bond purchasing program drove the Australian share market to a five year high yesterday. The West
Coalition acts to stymie climate science
Environment Minister Greg Hunt has ordered his department to immediately start drafting legislation to scrap the Climate Change Authority and has closed the Climate Commission headed by environmentalist professor Tim Flannery. The Fin
Defending sea lanes 'a priority', says Defence Minister David Johnston
Protecting the massive resources projects in northern and Western Australia and export supply lines to China, Japan and South Korea will be a major Defence priority for the Abbott government. The Aus
Libs' baby pay scheme a winner, says Elizabeth Broderick
Sex Discrimination Commissioner Elizabeth Broderick has strongly backed Tony Abbott's paid parental leave scheme but has urged companies that abandon their schemes to redirect the funds to better support childcare and out-of-school-hours care. The Aus
PTA defends policy on defenders
WA’s Public Transport Authority has defended itself against claims transit officers are placing Aboriginal children at risk by kicking them off trains at night for travelling without a ticket. The West
The Australian Financial Review
Page 1: Reserve Bank of Australia board member John Edwards has expressed frustration that the shock US Federal Reserve’s decision to continue injecting billions into the global financial markets sent the Australian dollar to a three-month high.
Page 3: Australia’s top 100 companies gave their chief executives an average cash pay cut of $74,000 last year, as investor pressure on boards to rein in executive remuneration intensified.
Philanthropist John McCall MacBain who sold the Trading Post classifieds media in Australia to Telstra for $636 million, has revived the financially stressed Rhodes Scholarships program with a £75 million ($128 million) donation.
Page 4: Business leaders charged with shaping the agenda for the Group of 20 Leaders’ Summit in Brisbane next year have agreed to pursue lower barriers to trade and investment to boost job-creating growth.
Page 5: Newly minted Prime Minister Tony Abbott is continuing to flex his muscle by threatening to override a plan by the ACT Labor government to legalise same-sex marriage.
Page 6: The Victorian government has echoed South Australia’s call to secure GM Holden’s car-making operations through negotiations on more industry assistance, before crucial negotiations on their future in early October.
Page 8: Environment Minister Greg Hunt has ordered his department to immediately start drafting legislation to scrap the Climate Change Authority and has closed the Climate Commission headed by environmentalist professor Tim Flannery.
Page 10: The Coalition government is considering a plan to split the company building its $20.5 billion national broadband network in half to speed up construction.
Page 13: Australian Securities Exchange chairman Rick Holliday-Smith has shrugged off concerns about governance and potential conflicts of interest among directors, following the controversial resignations of directors Russell Aboud and Shane Finemore.
Page 15: The future of surf, skate and ski wear retailer Billabong is now under the control of a management consultant and self-confessed outdoorsman, and two private equiteers .
The Australian
Page 1: Hopes a weakened currency would underpin the economy and help the new government mend the federal budget have been dealt a blow by the biggest one-day surge in the dollar for two years after the shock US decision to abandon a planned tightening of monetary policy.
New Agriculture Minister Barnaby Joyce has muted his outspoken opposition to foreign companies buying up Australian farms, admitting that foreign investment is shaping up as a difficult issue for the Coalition partners to handle.
Business: Origin Energy has agreed to buy more than $3 billion of Bass Strait gas from ExxonMobil and BHP Billiton at oil-linked prices in the most valuable east coast domestic gas deal to date.
Australian women aged over 65 have been starting their own businesses at a rate higher than any other age group over the last decade, with nantrepreneurs setting up 18,500 businesses in the last 10 years, according to the annual Bankwest Business Trends Report.
Northern Territory Chief Minister Adam Giles met Rio Tinto this week to outline gas supply options to keep its Gove alumina refinery open, as he called on the global miner to "back the Northern Territory".
Protecting the massive resources projects in northern and Western Australia and export supply lines to China, Japan and South Korea will be a major Defence priority for the Abbott government.
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 uranium market is tipped to remain difficult for at least another two years, Energy Resources of Australia's outgoing boss Rob Atkinson has warned, but he is confident the miner's underground expansion plans are well positioned to capture the market when it turns.
Politics: Sex Discrimination Commissioner Elizabeth Broderick has strongly backed Tony Abbott's paid parental leave scheme but has urged companies that abandon their schemes to redirect the funds to better support childcare and out-of-school-hours care.
Tony Abbott insisted yesterday his government would be able to work effectively with its Indonesian counterpart, despite concerns raised in Jakarta as he launched his long-vaunted Operation Sovereign Borders.
The West Australian
Page 6: Port infrastructure and government landholdings are shaping as the first assets to be sold as the Barnett government tries to win back the AAA credit rating.
Page 7: The Opposition called for Troy Buswell’s sacking as Treasurer yesterday in a parliamentary motion that was voted down along party lines.
Page 8: Thousands of children had a morning off after 62 schools shut because so many staff attended stop-work meetings.
Page 11: Taxi industry reforms, including a demerit point system to punish drivers who refuse a fare or neglect to take the cheapest route, were introduced into State Parliament yesterday.
Page 14: WA’s Public Transport Authority has defended itself against claims transit officers are placing Aboriginal children at risk by kicking them off trains at night for travelling without a ticket.
Page 16: Superannuation nest eggs have powered into the new financial year but there are warnings that planned Federal Government changes could hit long-term retirement savings.
Business: BHP Billiton Petroleum boss Tim Cutt has urged Barack Obama to speed up the approval for licenses for US liquefied natural gas exports – a call that will not please an Australian oil and gas industry worried about cheap American shale gas flooding its market.
A sale of the State Government’s Port Headland common-user assets could raise hundreds of millions of dollars.
WA’s biggest free-range chick farm will rely on technology from northern Europe to produce about four million birds a year for the Milne AgriGroup.
A shock decision by the US Federal Reserve to maintain its bond purchasing program drove the Australian share market to a five year high yesterday.