11/01/2017 - 06:29

Morning Headlines

11/01/2017 - 06:29

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Morning Headlines

Woodside link to rig allowing workers to dodge tax

Australian oil and gas giant Woodside is using a drill rig operated by a US company at the centre of a controversial roster that allows workers to avoid paying income tax. The Fin

Primary Health CEO Gregg to fight ASIC corruption charges

The Primary Health Care board, led by chairman Rob Ferguson, is weighing advice from lawyers over whether to stand aside chief executive Peter Gregg while he defends himself against a corruption action taken by the corporate regulator. The Fin

Seven’s credit card warning during Worner-Harrison crisis

Forensic investigators warned Seven West Media that lack of control over credit card spending was an “ongoing risk to the organisation” as it battled former employee Amber Harrison, who had been having an affair with chief executive Tim Worner, over her separation from the company. The Aus

For Ley, capitals can’t compete with coast

Sidelined Health Minister Sussan Ley spent the same number of taxpayer-funded nights on the Gold Coast as she did in Hobart, Adelaide and Perth combined. The Aus

Talk of preference deal sets test for Grylls

The fight for the West Australian seat held by Nationals leader Brendon Grylls is intensifying, with One Nation and the Shooters, Fishers and Farmers Party giving the strongest hint yet of preference swaps in the lead-up to the March 11 state election. The Aus

Water woes in the way of hospital handover

Elevated lead levels in the water remain the chief obstacle to besieged managing contractor John Holland handing over the Perth Children’s Hospital construction site to the Barnett Government. The West

Paladin flags ambitious financial restructure

Paladin Energy’s future is dependent on winning the support of another 20 per cent of the holders of $US212 million worth of bonds due in three months, with the African uranium producer signalling it has given up hope on a white knight rescue offer from China. The West

 

The Australian Financial Review

Page 1: Gaming billionaire James Packer has made an extraordinary return to the Crown Resorts board as a director after only stepping down as executive chairman 17 months ago, and has laid out a strategy for the company, while also announcing the departure of chairman Robert Rankin.

The Primary Health Care board, led by chairman Rob Ferguson, is weighing advice from lawyers over whether to stand aside chief executive Peter Gregg while he defends himself against a corruption action taken by the corporate regulator.

The Turnbull government has moved to limit the damage from embattled minister Sussan Ley’s travel expenses scandal by announcing changes to politicians travel entitlements.

Page 2: Australian oil and gas giant Woodside is using a drill rig operated by a US company at the centre of a controversial roster that allows workers to avoid paying income tax.

Page 3: The Greater Sunrise gas project in the Timor Sea - which has poisoned relations between Australia and tiny Timor-Leste - won’t produce any revenue before the late 2020s if ever, experts say.

The government’s decision to “pick the pockets” of pensioners while leaving companies and wealthy property investors unscathed is unconscionable, Australian Council of Trade Unions assistant secretary Scott Connolly says.

Page 6: Employment Minister Michaelia Cash is seeking records from police and Australia Post on Jim Metcher that go beyond his domestic violence history and could potentially reveal additional charges or conduct against the posties union leader.

Page 9: US President-elect Donald Trump has lauded Australian-born media mogul Rupert Murdoch as a “great guy who likes me”, before hosting Chinese e-commerce billionaire Jack Ma at his New York office.

Page 14: The great Western Australian renewables fund is off, for now.

Page 15: Telstra is leading the charge among a global alliance of telecommunication providers to ensure higher quality experiences for mobile customers who are heavy consumers of data through activities such as watching video, streaming music and downloading software.

The Australian

Page 1: The federal government is urgently preparing new budget measures to deal with the explosive growth of the online economy, as Scott Morrison vows to confront the growing pressure on tax revenue.

Forensic investigators warned Seven West Media that lack of control over credit card spending was an “ongoing risk to the organisation” as it battled former employee Amber Harrison, who had been having an affair with chief executive Tim Worner, over her separation from the company.

Sidelined Health Minister Sussan Ley spent the same number of taxpayer-funded nights on the Gold Coast as she did in Hobart, Adelaide and Perth combined.

Page 2: There are fears within the Turnbull government that negotiations on a maritime boundary between Australia and East Timor could encourage Indonesia to challenge its own 1972 maritime boundary within Australia.

Senator Culleton’s chief of staff Margaret menzel said she expected he would keep his job.

Page 5: A landmark bid to save money in public hospitals by bundling government payments for maternity services has gained support, but not from obstetricians and gynaecologists, who fear it will put vulnerable mothers at risk.

The fight for the West Australian seat held by Nationals leader Brendon Grylls is intensifying, with One Nation and the Shooters, Fishers and Farmers Party giving the strongest hint yet of preference swaps in the lead-up to the March 11 state election.

Page 15: James Packer has made a dramatic return to the company that holds most of his personal wealth after a troubled year, by joining the Crown Resorts board and installing two of the most trusted long-serving executives in key roles.

Embattled dairy group Bellamy’s is expected to reveal that it has restructured a crippling take-or-pay organic powder contract with Fonterra on more favourable terms when it updates the market as soon as today on its financial position.

Page 16: Embattled uranium miner Paladin Energy has engineered a deal to stave off collapse, but it faces critical negotiations in the weeks ahead to convince its various stakeholders of the plan’s merits.

Page 17: Online classifieds giant REA Group has spent close to $70 million expanding its footprint into the underdeveloped Indian market as its Asian expansion plans gather momentum.

The West Australian

Page 1: Some of Pauline Hanson’s strongest supporters from the early days of One Nation in WA are trying to knock her out of the March 11 state election race.

Page 3: Woolworths has been blocked from opening a liquor store in Falcon because of concerns that increased alcohol sales could lead to an increase in domestic violence.

Page 4: Elevated lead levels in the water remain the chief obstacle to besieged managing contractor John Holland handing over the Perth Children’s Hospital construction site to the Barnett Government.

Page 6: Rules on what Federal politicians can and cannot claim in travel costs will be made more explicit in a bid to prevent a repeat of expenses scandals like that engulfing sidelined Health Minister Sussan Ley.

Page 11: Malcolm Turnbull is planning a major shake-up in counter-terrorism and domestic security, with a new super portfolio to tackle the escalating threat.

Page 23: Renewed support for WA small-cap stocks has underpinned a dramatic profit improvement at Euroz, with the listed stockbroker and funds manager on track for its best result in six years.

James Packer is back, and he has Sydney in his sights.

Page 24: Internet provider Yahoo will drop its well-known corporate identity and cut the size of its board if the proposed $US4.8 billion sale of its digital services to Verizon Communications goes through.

Page 65: Paladin Energy’s future is dependent on winning the support of another 20 per cent of the holders of $US212 million worth of bonds due in three months, with the African uranium producer signalling it has given up hope on a white knight rescue offer from China.

Page 66: Brookfield Rail has signed an eight-year lease for 2,300sqm on the top floor of Perth Airport’s A-grade Bravo building.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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