25/07/2016 - 06:09

Morning Headlines

25/07/2016 - 06:09

Bookmark

Save articles for future reference.
Morning Headlines

Sweeping overhaul for welfare

The Turnbull government will embark on a radical welfare experiment during the current parliament that aims to use the power of big data to cut the number of people on welfare through targeted interventions in their lives. The Fin

Promise of $600m RPH upgrade fizzles

A pivotal $600 million Liberal election promise to “redevelop” Royal Perth Hospital with an upgraded emergency department, 400-bed “west wing” and new trauma centre will instead be maintenance works. The West

BHP last buyer left for Anglo coal mines

Investors and analysts say they will support BHP Billiton if it succeeds in securing Anglo American’s Queensland coal assets, which are tipped to fetch around $US1.5 billion ($2 billion). The Fin

ACCC yet to give AGL nod on Alinta bid

The national competition regulator is yet to give the all-clear to AGL Energy’s expected bid for Alinta Energy, with binding bids for the $4 billion-plus business scheduled for this week. The Fin

ExxonMobil assets on block

Oil supermajor ExxonMobil is planning to shed assets in Australia, launching a three-pronged asset sales program designed to keep its operations here “fit and lean” in the face of lower oil prices and harder-to-get Bass Strait gas resources. The Aus

Division over Port Hedland marina

A plan for a $152 million marina at Port Hedland to revitalise the mining town has pitted one arm of the State Government against another, fuelling tensions between the Liberals and Nationals. The West

 

 

The Australian Financial Review

Page 1: The Turnbull government will embark on a radical welfare experiment during the current parliament that aims to use the power of big data to cut the number of people on welfare through targeted interventions in their lives.

Investors and analysts say they will support BHP Billiton if it succeeds in securing Anglo American’s Queensland coal assets, which are tipped to fetch around $US1.5 billion ($2 billion).

Page 4: Prime Minister Malcolm Turnbull’s innovation agenda had to be sold to all Australians, including those in regional areas, and not just be about digital start-ups in the big cities, according to new Industry, Innovation and Science Minister Greg Hunt.

Page 7: Australia’s GDP could be about 4.7 per cent higher by keeping older workers employed.

Page 17: The corporate regulator has expanded its legal case against ANZ Banking Group and Westpac Banking Corp, filing an amended statement of claim in the Federal Court on Friday afternoon that points to a broader number of possible victims.

Page 18: Declining production was the norm across BHP Billiton’s most important divisions during fiscal 2016, but that didn’t stop booming production in some of the company’s lower profile product groups.

The national competition regulator is yet to give the all-clear to AGL Energy’s expected bid for Alinta Energy, with binding bids for the $4 billion-plus business scheduled for this week.

 

 

The Australian

Page 1: Joe Hockey’s plan to boost global growth by 2 per cent by extracting reform pledges from his G20 counterparts at their Brisbane summit two years ago has failed, with latest forecasts showing growth falling short of the target by $US6 trillion.

Page 4: A record eight women will sit in Bill Shorten’s shadow cabinet, after a reshuffle that also places 20 women on a massive Labor frontbench of 48.

Page 17: Oil supermajor ExxonMobil is planning to shed assets in Australia, launching a three-pronged asset sales program designed to keep its operations here “fit and lean” in the face of lower oil prices and harder-to-get Bass Strait gas resources.

The number of permits issued for export licences into China, especially for dairy products, has “gone through the roof’’ as the Australian government has moved to rein in unscrupulous practices in the burgeoning grey market trade between the two countries.

Page 19: NBN’s satellite service is set to hit its next growth phase with the company launching a second satellite — Sky Muster II — in October.

Page 25: WIN Corp chief executive Andrew Lancaster has heralded the regional television network’s new affiliate partnership with Ten as local news helps drive a ratings upswing.

 

 

The West Australian

Page 3: A pivotal $600 million Liberal election promise to “redevelop” Royal Perth Hospital with an upgraded emergency department, 400-bed “west wing” and new trauma centre will instead be maintenance works.

Page 4: Developing northern Australia is crucial to pick up the economic slack as WA’s mining boom fades, new Resources Minister Matt Canavan says.

A plan for a $152 million marina at Port Hedland to revitalise the mining town has pitted one arm of the State Government against another, fuelling tensions between the Liberals and Nationals.

WA is at risk of being overtaken by Tasmania to become the nation’s worst performing economy as slow growth and a deteriorating jobs market drag down the State.

Page 7: Luxury accommodation in or near WA’s national parks could be a major lure to interstate and international tourists, outgoing Tourism WA boss Stephanie Buckland says.

Page 9: Treasurer Scott Morrison has used a meeting of the world’s top finance ministers and central bankers to back in his plans to curtail superannuation benefits to well-off Australians.

Business: WA’s new $85 million oil and gas listing is getting back to business, refocusing on the abundance of opportunities on its radar after the disruption of the company’s initial public offer.

Located behind Lord Street, opposite NIB Stadium, Claisebrook Design Community is funded through Mr Barker’s small boutique venture capital fund, Little Fish, and will eventually incubate up to four fund-backed start-ups.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options