15/05/2017 - 06:44

Morning Headlines

15/05/2017 - 06:44

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Morning Headlines

‘Fairness’ budget gets poll boost

The Turnbull government has received a boost in support and voters have applauded its big tax increases and spending measures, according to a new poll which shows an overall positive reaction in the wake of Tuesday’s federal budget. The Fin

 

‘Think Big’ BHP gets back to its Aussie roots

In a $10 million rebranding, BHP is dumping its South African Billiton appendage, brandishing a new logo and going back to its Australian roots. The Fin

 

Forrest’s major beef with Gina’s cattle export plans

Andrew Forrest has slammed the bold plan of fellow mining magnate and Kidman cattle queen Gina Rinehart to export 800,000 live cattle a year from Australia’s north to China for slaughter. The Aus

 

ALP must back cuts: business

Labor is facing urgent demands to declare support for $29.8 billion of already-legislated small business tax cuts or risk a major blow to Australian competitiveness that will force jobs overseas and deter investment. The Aus

 

China-US deal to hit Australia

A new trade deal between the US and China signed over the weekend will rapidly intensify the competition for key Australian exports into our biggest market. The Aus

 

Failed sale helped Quintis gain credit

Embattled sandalwood plantation group Quintis booked institutional investment revenue that never actually arrived, potentially helping it draw down on an important line of credit, the company’s accounts show. The Aus

 

$11bn debt limit rise

WA’s debt crisis will be put front and centre tomorrow, with Treasurer Ben Wyatt set to seek parliamentary approval to borrow as much as $11 billion to meet the State’s growing needs. The West

 

WA ‘still vulnerable’ to huge cyber attack

WA organisations could still be at risk from a global “ransomware” attack that has infected thousands of computers in 104 countries and crippled British hospitals, cybersecurity experts have warned. The West

 

Local food champions expand

A small organisation that delivers Australian-grown food direct to shoppers is taking on the big supermarkets by expanding into household goods and pantry items. The West

 

The Australian Financial Review

Page 1: The Turnbull government has received a boost in support and voters have applauded its big tax increases and spending measures, according to a new poll which shows an overall positive reaction in the wake of Tuesday’s federal budget.

New limits to the way expenses can be deducted against negatively geared properties will prove a turning point in the investment property market, experts say.

Page 3: The full time pep-talk was typical of those heard across AFL grounds in Australia each weekend, expect this one was in Shanghai and it required translation.

Page 4: Opposition Leader Bill Shorten has dismissed criticism by former prime minister Paul Keating of Labor’s decision to push for a permanent top marginal tax rate of almost 50¢ in the dollar, claiming he was standing up for the low paid.

Page 13: In a $10 million rebranding, BHP is dumping its South African Billiton appendage, brandishing a new logo and going back to its Australian roots.

Retail Food Group is perhaps best known as Queensland’s other pizza company.

Page 15: German retailing giant Aldi is keeping up pressure on Coles and Woolworths by investing more than $75 million in cutting grocery prices as it pushes for another year of double-digit sales growth.

 

The Australian

Page 1: The Turnbull government has failed to generate a swift reward from its dramatic move to “reset the budget” by using tax hikes to replace divisive spending cuts, with the government losing ground against Labor to trail by 47 per cent to 53 per cent in twoparty terms.

More than three decades after BHP hired actor Bill Hunter to tell television audiences about “the Big Australian”, and 16 years after it bought Billiton, the world’s biggest miner will embark on its second major branding campaign, reverting to its basic name BHP and emphasising its Broken Hill roots.

Page 2: Twiggy Forrest takes aim at Gina Rinehart Australian iron ore billionaire Andrew Forrest has slammed the bold plan of fellow mining magnate and Kidman cattle queen Gina Rinehart to export 800,000 live cattle a year from Australia’s north to China for slaughter.

Page 3: The National Broadband Network has a database setting out estimated internet speeds for new connections for millions of homes nationwide but is denying the public access, despite gouging by telcos selling high-speed connections that are unattainable.

Page 4: Labor is facing urgent demands to declare support for $29.8 billion of already-legislated small business tax cuts or risk a major blow to Australian competitiveness that will force jobs overseas and deter investment.

Page 17: Former prudential regulator commissioner Steve Somogyi has lauded the government’s move to give the banking watchdog the power to police the shadow lending sector for the first time.

Page 18: A new trade deal between the US and China signed over the weekend will rapidly intensify the competition for key Australian exports into our biggest market.

Page 19: As the nation’s oil and gas industry gathers in Perth today for its annual conference, there appears to be a fracturing of sector unity as Prime Minister Malcolm Turnbull talks of targeted east coast export restrictions and oil prices remain under sustained pressure.

Page 20: Embattled sandalwood plantation group Quintis booked institutional investment revenue that never actually arrived, potentially helping it draw down on an important line of credit, the company’s accounts show.

 

The West Australian

Page 1: WA’s debt crisis will be put front and centre tomorrow, with Treasurer Ben Wyatt set to seek parliamentary approval to borrow as much as $11 billion to meet the State’s growing needs.

Page 7: WA organisations could still be at risk from a global “ransomware” attack that has infected thousands of computers in 104 countries and crippled British hospitals, cybersecurity experts have warned.

Page 8: State Regional Development Minister Alannah MacTiernan has taken aim at Andrew Hastie’s relationship with Tony Abbott, accusing the Canning Liberal MP of costing his electorate $19 million in Federal funding.

Page 12: The WA Nationals have suspicions about whether a jump in voter enrolments before the State poll could have cost former leader Brendon Grylls his Pilbara seat and asked the WA Electoral Commission to investigate.

Page 13: Workers in regional Australia will be the biggest losers from penalty rate cuts, with three WA electorates to miss out on $46 million a year, according to economic modelling.

Page 58: BHP Billiton is planning to drop the “Billiton” from its name, scrap the orange splotches from its logo and ditch the tagline “resourcing the future” as part of a $10 million rebranding exercise.

A small organisation that delivers Australian-grown food direct to shoppers is taking on the big supermarkets by expanding into household goods and pantry items.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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