12/06/2017 - 06:39

Morning Headlines

12/06/2017 - 06:39

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Glencore bid faces hurdles

Glencore’s audacious $US2.55 billion ($3.4bn) bid to finally realise its long-held desire for Rio Tinto’s NSW coal assets will face a slew of regulatory challenges, even if its Chinese rival fails to match its offer. The Aus

 

Tax cut calls to boost consumers

The burden of personal income tax is heavier than at any time in the past decade, building the case for personal income tax cuts to support weak consumer spending. The Aus

 

$16m Chinese takeaway

Taxpayers have forked out at least $16 million to move the Florence Hummerston kiosk about 100m at Elizabeth Quay. The West

 

Stop tinkering, increase gas output: Barnett

Australia must look past the regulatory “tinkering” proposed under the latest Finkel review and instead directly tackle the fundamental issue of increasing gas supply, former Western Australian premier Colin Barnett says. The Aus

 

May to pay price for poll gamble

Theresa May faces demands for a watered-down Brexit from the powerbrokers who materialised after Friday’s British election as fractures emerge in the alliance with the Northern Irish Democratic Unionist Party and the Scottish Conservatives. The Aus

  

Unions move to get rid of WA Fed Libs

WA unions have begun throwing their muscle into attempts to unseat key WA Federal Liberals, including ministers Christian Porter and Ken Wyatt, bombarding voters in their electorates with flyers and robocalls. The West

 

Libs back push for new school

Pressure continues to mount on the State Government to scrap its plan to move Perth Modern School to a building in Northbridge, with the Opposition backing a proposal to build a new local intake school elsewhere. The West

 

$250k more for compo pay

The families of people who are killed at work would get $250,000 more in compensation under new laws being drafted by the McGowan Government. The West

  

The Australian 

Page 1: Theresa May faces demands for a watered-down Brexit from the powerbrokers who materialised after Friday’s British election as fractures emerge in the alliance with the Northern Irish Democratic Unionist Party and the Scottish Conservatives.

The nation’s Chief Scientist has rejected fears his sweeping energy reforms will block new coal and gas power stations amid a growing political fight over his plan for a clean energy target that favours wind and solar generators.

Page 2: The number of working-age Australians receiving the Disability Support Pension for mental health issues increased by about 50 per cent over a 13-year period, even though prevalence of the conditions remained stable.

Page 4: The burden of personal income tax is heavier than at any time in the past decade, building the case for personal income tax cuts to support weak consumer spending.

Page 17: Glencore’s audacious $US2.55 billion ($3.4bn) bid to finally realise its long-held desire for Rio Tinto’s NSW coal assets will face a slew of regulatory challenges, even if its Chinese rival fails to match its offer.

Outgoing BHP chair Jacques Nasser credits growing up in Australia for giving him the chance to achieve what he has in business.

Page 18: Australia must look past the regulatory “tinkering” proposed under the latest Finkel review and instead directly tackle the fundamental issue of increasing gas supply, former Western Australian premier Colin Barnett says.

 

The West Australian

Page 1: Taxpayers have forked out at least $16 million to move the Florence Hummerston kiosk about 100m at Elizabeth Quay.

Page 6: WA unions have begun throwing their muscle into attempts to unseat key WA Federal Liberals, including ministers Christian Porter and Ken Wyatt, bombarding voters in their electorates with flyers and robocalls.

Page 11: More than a million Australians are paying up to $3000 more for private health insurance as a result of government means tests, age penalties and subsidy cuts.

Page 12: Pressure continues to mount on the State Government to scrap its plan to move Perth Modern School to a building in Northbridge, with the Opposition backing a proposal to build a new local intake school elsewhere.

Page 55: The families of people who are killed at work would get $250,000 more in compensation under new laws being drafted by the McGowan Government.

Glencore is looking to trump Yancoal Australia’s bid to buy Rio Tinto’s Hunter Valley coal mines, dangling a $US2.55 billion offer which has prearranged finance.

The popularity of golf may be in decline throughout the world but visitor numbers at the Wembley Golf Course have never been stronger — and it is proving to be a good source of revenue for the Town of Cambridge.

 

The Australian Financial Review

AFR unavailable this morning.

 

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