23/01/2017 - 06:44

Morning Headlines

23/01/2017 - 06:44

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Morning Headlines

Trump in charge, puts US first

US President Donald Trump officially set a lofty goal of doubling economic growth to 4 per cent through tax reform, looser regulation, building infrastructure and overhauling trade deals, hours after paradoxically championing protectionism in a stridently nationalist inauguration speech. The Fin

 

ACCC chairman words used ‘out of context’

Australian Competition and Consumer Commission chairman Rod Sims has accused unions waging a fresh campaign against the West Australian government’s $11 billion electricity network privatisation plan of misrepresenting him by taking his words ‘right out of context’. The Fin

 

Security test puts heat on foreign bids

Malcolm Turnbull has ordered a sweeping security probe of major infrastructure across the nation to create a list of ‘red-flagged’ assets that will trigger national security scrutiny of foreign bids for critical assets. The Aus

 

Ciob eyes ‘Plan B’ for TPP minus Washington

Malcolm Turnbull’s diplomatic push to salvage the imperilled Trans-Pacific Partnership has turned to ‘Plan B’, with Trade Minister Steven Ciobo pursuing talks to secure an agreement without US participation. The Aus

 

McGrath stars lured by Agency millions

At least five top-performing McGrath real estate agents have been lured by the prospect of six and seven-figure sign-on bonuses and shares to join The Agency, a Perth real estate group with a national mandate to expand its mortgage broking business. The Aus

 

$5 billion mine boost

A billionaire family from New Zealand is poised to sign a state agreement with the WA Government that will pave the way for a $5 billion iron ore project in the Pilbara. The West

 

WA still the worst economy in nation

Premier Colin Barnett will go to the March election with the nation’s worst-performing economy, according to a national comparison. The West

 

Payroll tax ‘roadblock’ to new jobs

The Chamber of Commerce and Industry claims a payroll tax break could create almost 900 jobs in WA and provide the state with a $280 million benefit. The West

 

WA unlikely to get Woodside’s Pluto gas

Woodside is confident it will not have to pipe gas to WA from its giant Pluto project despite the company’s five-year reprieve from the state’s domestic gas policy ending in May. The West

 

The Australian Financial Review

Page 1: US President Donald Trump officially set a lofty goal of doubling economic growth to 4 per cent through tax reform, looser regulation, building infrastructure and overhauling trade deals, hours after paradoxically championing protectionism in a stridently nationalist inauguration speech.

One of the most senior members of the Fair Work Commission has resigned and launched an extraordinary attack that portrays the national workplace tribunal as a politically compromised and biased organisation that is hurting jobs and investment.

Page 3: Australia will want easier visas for business people seeking to work in Britain in any post-Brexit trade deal, High Commissioner to the UK Alexander Downer says.

Page 5: Gladys Berejiklian’s new cabinet is likely to face several fresh faces, including Matt Kean and Gareth Ward, to replace long-serving ministers such as Jillian Skinner and Brad Hazzard, Liberal sources said.

Australian Competition and Consumer Commission chairman Rod Sims has accused unions waging a fresh campaign against the West Australian government’s $11 billion electricity network privatisation plan of misrepresenting him by taking his words ‘right out of context’.

Page 7: The prospect of the most petroleum-friendly US policy settings for decades has revived worries about a potential flood of natural gas exports posing a competitive threat to Australian producers in Asia, the biggest market.

Page 11: British bank bosses have launched a frantic lobbying effort to persuade their foreign counterparts to put on hold plans to shift operations to other major European cities.

Page 13: The fund managers who reluctantly made headlines shorting Platinum Asset Management last year think that Woolworths will again be challenged in 2017 as it finds lean rewards in being the turnaround start of a hard-fought industry.

Page 15: Joel Thickins has taken the reins at TPG and his first port of call is Alinta Energy’s float.

 

The Australian

Page 1: Malcolm Turnbull has ordered a sweeping security probe of major infrastructure across the nation to create a list of ‘red-flagged’ assets that will trigger national security scrutiny of foreign bids for critical assets.

Donald Trump has moved to re-shape the world in his first hours as US President, promising seismic policy shifts signalling a more strident military presence in the Asia-Pacific, a dramatic rewriting of climate change commitments and the scrapping of the Trans-Pacific Partnership trade deal.

Page 2: Australian patients are increasingly being forced to pay higher out-of-pocket costs for common procedures, with some specialists boosting their fees  more than 300 per cent above the federal government rebate.

Page 4: Malcolm Turnbull’s diplomatic push to salvage the imperilled Trans-Pacific Partnership has turned to ‘Plan B’, with Trade Minister Steven Ciobo pursuing talks to secure an agreement without US participation.

Page 6: A deeply divided America was exposed to the world yesterday only a day after Donald Trump’s inauguration, with more than two million people marching against the President.

Page 8: Clad in black tie and clutching the hand of his wife Melania, the new first lady of the United States, President Donald Trump pumped his fist in the air as he emerged on to the stage to the strains of Hail to the Chief.

Page 17: Global energy markets are bracing for a hit as the Trump administration makes boosting US shale oil and gas production one of its first official policies, threatening Australian LNG revenues.

At least five top-performing McGrath real estate agents have been lured by the prospect of six and seven-figure sign-on bonuses and shares to join The Agency, a Perth real estate group with a national mandate to expand its mortgage broking business.

Standard & Poor’s has raised its BHP Billiton outlook to stable from negative because of the miner’s ‘exceptional liquidity’ and a better outlook for commodity prices, saying BHP will have excess cash to pay down more debt and make returns to shareholders.’

 

The West Australian

Page 1: A billionaire family from New Zealand is poised to sign a state agreement with the WA Government that will pave the way for a $5 billion iron ore project in the Pilbara.

Page 4: To own a slice of the Todd Corporation, you have to be a direct descendent of Charles Todd, the founder of the family fortune who died in 1942, and his wife Mary.

Page 5: Thirty-eight patients were evacuated from St John of God Hospital in Mt Lawley yesterday after a fire broke out in a plant facility room.

Page 6: Premier Colin Barnett will go to the March election with the nation’s worst-performing economy, according to a national comparison.

Page 8: President Donald Trump used his first full day in office to wage war on the media, accusing news organisations of lying about the size of his inauguration crowd as huge protests served notice that a vocal and resolute opposition would be a hallmark of his presidency.

Page 13: Activity in WA’s property market has reached its lowest point in 12 years, but new home sales are increasing.

Page 16: Obese preschoolers cost the Australian healthcare system about $17 million a year, according to the first study of obesity costs in early childhood.

Page 18: The Chamber of Commerce and Industry claims a payroll tax break could create almost 900 jobs in WA and provide the state with a $280 million benefit.

Page 49: Woodside is confident it will not have to pipe gas to WA from its giant Pluto project despite the company’s five-year reprieve from the state’s domestic gas policy ending in May.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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