20/05/2016 - 06:28

Morning Headlines

20/05/2016 - 06:28

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Uncontracted LNG haunts Woodside

As Woodside Petroleum managing director Peter Coleman prepared to face investors in Sydney today, concerns were growing over the amount of uncontracted LNG production the company would have at the end of the decade. The Aus

CBH aims to lock in jetty deal

CBH is trying to secure the seabed lease covering its Kwinana grain jetty for at least the next 50 years amid uncertainty about the sale of Fremantle Port. The West

Early call for Austal contest

Austal is set to go head-to-head with a rival Defence shipbuilder in two years-time with billions of dollars in US Navy contracts up for grabs. The West

Roy Hill contractors’ battle could set legal precedents

A legal fight between contractors at Gina Rinehart’s Roy Hill iron ore mine could change how major disputes are resolved in Australia. The Fin

Don’t force RBA to cut: Macfarlane

Former Reserve Bank of Australia governor Ian Macfarlane has lashed out at financial markets – particularly those offshore – for effectively forcing the central bank into a wasteful knee-jerk official interest rate cut this month to avoid falling victim to an increasingly erratic global currency war. The Fin

Frydenberg call on renewable energy set-up

Energy Minister Josh Frydenberg will say on Friday that CSIRO will lead the development of a Low Emissions Technology Roadmap to help manage the rapid growth of solar rooftop and wind energy so as not to impair the reliability of the electricity grid. The Fin

Race to cut surgery wait times

More than 1000 patients waiting too long for elective surgery need to be cleared by the end of the year, under ambitious new targets for WA public hospitals. The West

End of era as X-Press disappears from city streets

It’s the end of an era for the WA music and media scene, with the last print edition of X-Press magazine published this week. After 31 years of print, the what-to-do bible for Perth music fans and party animals will become a digital-only publication. The West

 

 

The Australian Financial Review

Page 1: Former Reserve Bank of Australia governor Ian Macfarlane has lashed out at financial markets – particularly those offshore – for effectively forcing the central bank into a wasteful knee-jerk official interest rate cut this month to avoid falling victim to an increasingly erratic global currency war.

Telstra had spent years ‘‘sprucing up’’ its customer service when it should have been transforming it, its chief executive has admitted.

Corporate Australia will help the government sell its budget centrepiece of company tax cuts with an advertising campaign and other initiatives to run in the lead-up to the July 2 election.

Page 3: Netball Australia says a historic five-year broadcast rights and revenue sharing agreement with Nine Entertainment, bringing the sport to prime-time free-to-air TV, will generate higher salaries for athletes and lays the groundwork for netball to turn professional.

Page 4: Low wages growth has allowed bulk billing rates to rise even though the value of government subsidies has deteriorated, experts said.

Page 11: Energy Minister Josh Frydenberg will say on Friday that CSIRO will lead the development of a Low Emissions Technology Roadmap to help manage the rapid growth of solar rooftop and wind energy so as not to impair the reliability of the electricity grid.

Page 12: A legal fight between contractors at Gina Rinehart’s Roy Hill iron ore mine could change how major disputes are resolved in Australia.

Page 15: Former Woolworths’ chief executive Roger Corbett has backed the supermarket giant’s commitment to pubs and pokies operator Australian Leisure and Hospitality Group as the retailer conducts a group-wide review to improve profits and market share.

 

 

The Australian

Page 1: Labor is facing a budget shortfall of at least $8 billion on the strength of policies announced so far and the measures it has blocked in the Senate, with major new spending initiatives on hospitals and the NBN yet to be unveiled.

Page 2: Three of the country’s major four- and five-star hotel chains have been underpaying their housekeeping staff, an inquiry by the Fair Work Ombudsman has found.

Page 4: The jobless rate has held steady at its three-year low of 5.7 per cent but a switch from full- to part-time work means that although more people have jobs, fewer hours are actually being worked.

Page 19: Two of the nation’s most influential company directors have called for politicians to focus more on the long term during election campaigns, with Citigroup Australia chair Sam Mostyn warning that daily point-scoring was “ridiculous”.

Page 21: As Woodside Petroleum managing director Peter Coleman prepared to face investors in Sydney today, concerns were growing over the amount of uncontracted LNG production the company would have at the end of the decade.

 

 

The West Australian

Page 3: The Australian Federal Police dealt itself into the election when it raided Labor Party premises and the home of an Opposition staffer in pursuit of a leak that embarrassed Prime Minister Malcolm Turnbull.

Page 4: The State Budget has tanked in the safe Liberal seat of Darling Range, where the party’s 13 per cent margin would be stripped back to a 50-50 knife edge if an election were held now.

WA’s Chief Rabbi is demanding the Prime Minister and Premier explain whether anti-Semitism played a role in a Jewish man having his candidacy overturned in a plum Liberal seat.

Page 9: More than 1000 patients waiting too long for elective surgery need to be cleared by the end of the year, under ambitious new targets for WA public hospitals.

Page 10: Taxi operators have warned that changes to the industry proposed by the State Government could push plate owners to the brink.

Page 12: WA beekeepers are fighting changes to national biosecurity laws that could have a nasty sting in the tail for local industries free from pests and diseases that plague the rest of the world.

Three batches of liquid Children’s Panadol have been recalled amid fears the medicine could cause an allergic reaction.

Page 17: Opposition Leader Mark McGowan has condemned as a “witch hunt” a parliamentary report calling on the State Government to take greater control of the RSPCA.

Page 22: The WA economy and the Barnett Government are facing new pressures, with figures showing a freefall in the number of people with a full-time job.

Business: Austal is set to go head-to-head with a rival Defence shipbuilder in two years-time with billions of dollars in US Navy contracts up for grabs.

It’s the end of an era for the WA music and media scene, with the last print edition of X-Press magazine published this week. After 31 years of print, the what-to-do bible for Perth music fans and party animals will become a digital-only publication.

CBH is trying to secure the seabed lease covering its Kwinana grain jetty for at least the next 50 years amid uncertainty about the sale of Fremantle Port.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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