BHP, Rio face fresh tax threat
Iron ore giants BHP Billiton and Rio Tinto are facing a fresh tax grab in Western Australia just months after seeing off the WA Nationals’ concerted push to slap the miners with a tax hike that would have cost them about $3 billion a year. The Fin
Rinehart urges cuts to red tape to make Australia great again
Australian billionaire Gina Rinehart has warned that governments and business leaders around the world “can’t understand us” or see Australia as “a joke” and she says the “debacle” over the Adani coalmine is not encouraging. The Aus
State asks AFL, Canberra to put hand in pocket
Premier Mark McGowan has gone cap in hand to the AFL and the Federal Government for contributions to the $1.45 billion capital cost of the new Perth Stadium, arguing WA deserves the same support given to interstate facilities. The West
NBN clients burnt as telcos struggle to deliver on speed
Thousands of National Broadband Network users are being overcharged by some of the nation’s biggest providers who are refusing to notify consumers they are being charged for high-speed services that cannot be delivered to their homes. The Aus
First look at airport rail hub
Designs for an $85 million train station in the heart of Perth’s airport precinct have been unveiled as the State Government moves to realise the first stage of its flagship Metronet policy. The West
Rinehart plans big cattle yard for China
Gina Rinehart is negotiating with the Chinese government to build a sprawling live cattle receivable area south of Shanghai which would be capable of holding 12,000 head at one time. The West
Uber hikes fares and adds fees but drivers want more
Uber has raised fares in major cities and introduced booking fees across Australia and New Zealand to meet ‘‘operational costs’’. The Fin
Govt won’t let smaller banks fail either: Bligh
International ratings agencies have failed to reflect the political reality that no Australian government on either side of politics would ever allow a bank to collapse regardless of its size, Australian Bankers’ Association chief executive Anna Bligh says. The Fin
Fears of NDIS cost blowout
The National Disability Insurance Scheme is in danger of missing its rollout target by 90,000 people in 2020 amid growing concern about delays, while a survey reveals almost two-thirds of Australians are worried about cost blowouts. The Aus
The Australian Financial Review
Page 1: Iron ore giants BHP Billiton and Rio Tinto are facing a fresh tax grab in Western Australia just months after seeing off the WA Nationals’ concerted push to slap the miners with a tax hike that would have cost them about $3 billion a year.
Page 3: Beyondblue chairman Jeff Kennett has slammed the militant construction union for using a suicide at Lendlease’s Barangaroo site to ‘‘stir up’’ workers into taking unlawful industrial action, saying it was ‘‘totally inappropriate’’ and ‘‘disrespectful’’ to the family of the victim.
Page 5: Australia’s political leaders will be asked to consider backing a referendum to establish a body to advise federal Parliament on Indigenous issues, but what form that body might take remains unclear.
Uber has raised fares in major cities and introduced booking fees across Australia and New Zealand to meet ‘‘operational costs’’.
Page 15: International ratings agencies have failed to reflect the political reality that no Australian government on either side of politics would ever allow a bank to collapse regardless of its size, Australian Bankers’ Association chief executive Anna Bligh says.
Page 18: Dacian Gold executive chairman Rohan Williams says there is one key lesson for Australian gold miners in the company’s failed 2016 equity raising – keep a close watch on exchange-traded funds.
The Australian
Page 1: The National Disability Insurance Scheme is in danger of missing its rollout target by 90,000 people in 2020 amid growing concern about delays, while a survey reveals almost two-thirds of Australians are worried about cost blowouts.
The nation’s media industry leaders will launch a fresh offensive to persuade crossbench senators to back the government’s media reform bill, with a lastditch plea to pass the package in full at a specially convened summit this week.
Page 3: Premature and potentially preventable deaths in Australian nursing homes have jumped by more than 400 per cent over the past 13 years, according to a comprehensive, world-first study that has sparked calls for a national strategy to reduce incidents of unnecessary harm.
Page 4: Thousands of National Broadband Network users are being overcharged by some of the nation’s biggest providers who are refusing to notify consumers they are being charged for high-speed services that cannot be delivered to their homes.
Page 17: Australian billionaire Gina Rinehart has warned that governments and business leaders around the world “can’t understand us” or see Australia as “a joke” and she says the “debacle” over the Adani coalmine is not encouraging.
Australia’s biggest banks and wealth managers are slugging superannuation fund members with significantly higher fees than their not-for-profit super fund rivals, despite delivering worse investment returns, according to research from industry consultants Rainmaker Information.
Page 18: Billions of dollars worth of new iron ore developments are shaping as the key bargaining chips for BHP and Rio Tinto as the mining giants attempt to repel a surprise tax grab from the new West Australian government.
Page 19: Kerry Stokes’s Seven Group Holdings says it has Bass Strait gas that could supply interested domestic users including Anthony Pratt’s Visy Group, but that it is yet to strike agreements to access spare pipeline and processing infrastructure capacity.
The West Australian
Page 1: Premier Mark McGowan has gone cap in hand to the AFL and the Federal Government for contributions to the $1.45 billion capital cost of the new Perth Stadium, arguing WA deserves the same support given to interstate facilities.
Page 6: Designs for an $85 million train station in the heart of Perth’s airport precinct have been unveiled as the State Government moves to realise the first stage of its flagship Metronet policy.
Premier Mark McGowan has opened the door to broadening a proposed iron ore cash grab to Andrew Forrest’s Fortescue Metals Group and junior miners in a bid to help repair the State’s tattered finances.
Page 12: WA will get another female Supreme Court judge today, when barrister Gail Archer is sworn in.
Page 55: Gina Rinehart is negotiating with the Chinese government to build a sprawling live cattle receivable area south of Shanghai which would be capable of holding 12,000 head at one time.
Honor Borg says too many landlords have been getting ripped off by property managers for too long.
Australian gold production fell in the March quarter because of heavy rainfall across many of the nation’s mining areas, but producers were benefiting from a solid Australian-dollar gold price for the precious metal.