16/01/2017 - 06:17

Morning Headlines

16/01/2017 - 06:17

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Morning Headlines

Ciobo says TPP still alive despite Trump warning

The Australian government refuses to concede the Trans-Pacific Partnership is head and says the United States needs more time to come to a final position on the 12-nation free-trade pact. The Fin

 

Fast finish for Rio Tinto on iron ore exports

Rio Tinto appears very likely to achieve its recently lowered iron ore export guidance for 2016, with port statistics suggesting the company lifted its game in the final three months of the year. The Fin

 

Sinodinos ‘what the doctor ordered’ for health

Malcolm Turnbull’s ally Arthur Sinodinos is the strong favourite to permanently replace former health minister Sussan Ley, as conservative MPs concede the Prime Minister is not inclined to “reach out” to their side of politics. The Aus

 

Resources M&A to ramp up

Merger and acquisition activity will ramp up across the resources industry this year, according to the head of one of the most acquisitive local private equity players in the sector. The Aus

 

Barnett bets on new tunnel as polls support Roe 8

Support for Roe 8 has grown since September, according to fresh polling, as an emboldened Colin Barnett forges ahead with a Roe 9 tunnel option he dismissed as under-done just months ago. The West

 

Top contractor forced to defend NBN charges

The lead contractor rolling out the National Broadband Network in WA has been accused of charging the taxpayer up to 10 times what it is paying its own subcontractors to carry out work on the ground, documents reveal. The West

 

ICWA in new fight for $600m

The Insurance Commission of WA is braced for new legal battles with a company backed by Dutch distressed debt speculator Louis Reijtenbagh amid a bitter row over $1.8 billion of Bell Group litigation proceeds. The West

 

The Australian Financial Review

Page 1: China and the incoming US administration are locked in a stand-off after Beijing warned Donald Trump not to use Taiwan and the One China policy as a bargaining chip, ratcheting up tensions ahead of the President-elect’s inauguration in Washington this week.

Page 2: Telstra is combining three undersea cable systems to ensure its customers throughout Asia are not left stranded without reliable internet connections due to damage caused by natural disasters and ships.

Page 3: Business is pressuring the Turnbull government to introduce changes to the Fair Work Act this year after voicing concerns over the slowing economy and the government’s failure to respond to the Productivity Commission’s recommendations on workplace reform.

The big battle this week in sport will be off the court, in a heavyweight clash between Seven West Media and Network 10.

Page 4: The Australian government refuses to concede the Trans-Pacific Partnership is head and says the United States needs more time to come to a final position on the 12-nation free-trade pact.

Page 5: West Australian Premier Colin Barnett accepts he faces a “knife-edge election” but insists he isn’t worried by the latest opinion poll that suggests his deputy is more popular than him.

Page 6: Reported auction listings, mostly outside metropolitan areas, have almost halved compared with this time last year as home owners hold back from selling following a change in interest rate expectations.

Page 13: Rio Tinto appears very likely to achieve its recently lowered iron ore export guidance for 2016, with port statistics suggesting the company lifted its game in the final three months of the year.

Page 14: DUET Group’s board is set to recommend a $7.4 billion takeover by utilities giant Cheung Kong Infrastructure Holdings and its partners, after squeezing and extra 3c per share out of its suitor.

 

The Australian

Page 1: Malcolm Turnbull will push for an early parliamentary vote to ratify the Trans Pacific Partnership trade deal as part of a concerted push by Australia and Japan to keep it alive in the face of Donald Trump’s election campaign opposition to the pact.

Page 2: The Turnbull government has rejected former prime minister Tony Abbott’s call for mandatory renewable energy targets to be abolished and ministers are confident it will not become a lightning rod for discontent within the Coalition.

Malcolm Turnbull’s ally Arthur Sinodinos is the strong favourite to permanently replace former health minister Sussan Ley, as conservative MPs concede the Prime Minister is not inclined to “reach out” to their side of politics.

Page 5: Centrelink’s controversial data-matching program is getting a facelift as the Turnbull government confronts a political backlash over complaints about the automated system.

Page 15: The Australian Tax Office has its sights on a $30 billion-a-year natural gas export bonanza expected over the next few years, warning oil and gas giants not to follow the lead of the big miners and “inappropriately shift profits” by selling through tax haven Singapore.

Page 16: Merger and acquisition activity will ramp up across the resources industry this year, according to the head of one of the most acquisitive local private equity players in the sector.

Page 17: James Packer has confirmed the loyalty of Guy Jalland was a key factor in his appointment as the chief executive of the billionaire’s private company as it looks to make more investments in the digital company.

A group of dissident Bellamy’s shareholders led by entrepreneur Jan Cameron is expected to appoint a proxy advisory firm this week to help it win votes for its campaign to unseat Bellamy’s four non-executive directors.

The West Australian

Page 1: Support for Roe 8 has grown since September, according to fresh polling, as an emboldened Colin Barnett forges ahead with a Roe 9 tunnel option he dismissed as under-done just months ago.

Page 4: Property developers say they are being flooded with inquiries from first-homebuyers eager to buy apartments just weeks after the state government announced new sweeteners.

Page 5: WA’s child protection services are being sued by a woman who says years of childhood sexual abuse at the hands of six men - including her father, stepfather and grandfather - was the fault of the state government because it should have known her supposed carers would become her abusers.

Page 7: WA should consider challenging the GST distribution formula in the High Court, with a prominent Perth lawyer arguing the State is being discriminated against.

Page 15: The main access road to Perth Airport for the past 55 years will close tomorrow.

Page 17: The Water Corporation will take an extra 10 billion litres - enough to keep Perth watered for 10 days in summer - from the city’s aquifers this year.

Page 20: The lead contractor rolling out the National Broadband Network in WA has been accused of charging the taxpayer up to 10 times what it is paying its own subcontractors to carry out work on the ground, documents reveal.

Page 45: The Insurance Commission of WA is braced for new legal battles with a company backed by Dutch distressed debt speculator Louis Reijtenbagh amid a bitter row over $1.8 billion of Bell Group litigation proceeds.

2017 will be the year that WA tech startups need to prove themselves.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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