28/06/2017 - 06:41

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28/06/2017 - 06:41

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Demand for PM to purge frontbench

Malcolm Turnbull must put more conservatives in the cabinet and demote Christopher Pyne if he wants to hang on to his leadership and prevent civil war, senior conservatives say. The Fin

 

Road safety chief fight

Sidelined road safety boss Kim Papalia was about to take out a Supreme Court injunction against a State Government inquiry when he suddenly took leave and was replaced. The West

 

China build boom ‘not bust’

China’s building boom is more resilient than investors believe and a solid infrastructure pipeline should support iron ore prices for the rest of the year, new research shows. The West

 

Shorten to restore Sunday penalties

Opposition Leader Bill Shorten has promised to legislate to restore Sunday penalty rates if Labor wins the next election while speaking at an ACTU dinner on Tuesday night. Opposition Leader Bill Shorten has promised to legislate to restore Sunday penalty rates if Labor wins the next election. The Fin

 

Swamped firms win ASIC relief on Super changes

The Australian Securities and Investments Commission has provided relief to accountants and financial advisers struggling to meet the needs of clients before July 1, when major superannuation changes take hold. The Fin

 

Santos deal to clear air with China partners

Santos has resolved the tensions that had bubbled to the surface with its two key Chinese shareholders, striking a ‘‘strategic relationship’’ with the duo that should also help bolster its frail financial firepower. The Aus

 

Suisse executes CBD stress test on Terrace

Credit Suisse has made a bold move to test the strength of Perth’s CBD office market, appointing blue-chip estate agents CBRE and JLL to sell 45 St Georges Terrace, with market watchers predicting a price of $60 million-plus. The West

 

Abbott all guns blazing on strategy front

Tony Abbott has launched a full frontal assault on Malcolm Turnbull’s political strategy by challenging the government over the future values and direction of the Liberal Party, including its positions on energy, immigration and Senate reform.The Aus

 

Shake-up at Spotless as Downer takes control

Control of Spotless Group has passed to Downer EDI after a surge of acceptances for its $1.2 billion bid in the past two days gave the suitor more than 50 per cent of the contract services business’s shares. The Aus

 

The Australian Financial Review

Page 1: Malcolm Turnbull must put more conservatives in the cabinet and demote Christopher Pyne if he wants to hang on to his leadership and prevent civil war, senior conservatives say.

Downer EDI has now snared more than 50 per cent of cleaning, catering and facilities management group Spotless, giving chief executive Grant Fenn the opportunity to create Australia’s biggest infrastructure services company.

Page 3: Outgoing Australia Post chief executive Ahmed Fahour is leaving the market guessing about whether he will take up a new role running Amazon Australia.

Page 5: Opposition Leader Bill Shorten has promised to legislate to restore Sunday penalty rates if Labor wins the next election while speaking at an ACTU dinner on Tuesday night. Opposition Leader Bill Shorten has promised to legislate to restore Sunday penalty rates if Labor wins the next election.

Page 7: One in three homes in some mining towns are empty as the end of the coal and iron ore boom continues to have a big impact on regional communities across Australia.

Page 13: The Australian Securities and Investments Commission has provided relief to accountants and financial advisers struggling to meet the needs of clients before July 1, when major superannuation changes take hold.

Page 17: Santos has resolved the tensions that had bubbled to the surface with its two key Chinese shareholders, striking a ‘‘strategic relationship’’ with the duo that should also help bolster its frail financial firepower.

Page 19: The chances of Glencore successfully snaring Rio Tinto’s Coal & Allied business from preferred bidder Yancoal have slimmed, according to analysts, who argue Glencore would have to return with a dramatically different proposal to win Rio’s endorsement.

 

The Australian

Page 1: Malcolm Turnbull faces a test of his leadership as a bloc of Liberal MPs push to legislate for samesex marriage before the next election, in a move that threatens the Coalition agreement with the Nationals and risks a civil war inside the partyroom.

Page 2: Opposition Leader Bill Shorten has promised to restore Sunday penalty rates for workers across all industries if he is elected.

Tony Abbott has launched a full frontal assault on Malcolm Turnbull’s political strategy by challenging the government over the future values and direction of the Liberal Party, including its positions on energy, immigration and Senate reform.

Page 6: South Australians will be slugged with the highest household electricity prices in the world from next month, energy market expert Bruce Mountain says, in another blow to a state with the slowest population growth on mainland Australia.

Page 19: Blackmores will be under pressure to name a new chief executive soon to take over the vitamins and health products company following yesterday’s announcement of the departure of CEO Christine Holgate.

Control of Spotless Group has passed to Downer EDI after a surge of acceptances for its $1.2 billion bid in the past two days gave the suitor more than 50 per cent of the contract services business’s shares.

Page 21: Global insurance giant QBE has been forced by the sharemarket regulator to explain why it did not earlier disclose “significantly higher than expected” claims in its emerging markets division over the first five months of the calendar year, which sparked a $2 billion rout in its shares last week.

 

The West Australian

Page 1: Sidelined road safety boss Kim Papalia was about to take out a Supreme Court injunction against a State Government inquiry when he suddenly took leave and was replaced.

Page 4: Two Perth hospitals have been issued with WorkSafe improvement notices linked to psychological hazards and an increase in stress claims.

Page 15: Charities and thousands of WA mum-and-dad businesses will be hit by double-digit increases to their power bills as part of moves by the State Government to prop up its shaky finances.

Page 20: Conservative Liberal MPs want Malcolm Turnbull to demote Christopher Pyne, saying his recent comments on same-sex marriage that have sparked fresh turmoil for the coalition should be punished.

Page 69: China’s building boom is more resilient than investors believe and a solid infrastructure pipeline should support iron ore prices for the rest of the year, new research shows.

Page 71: Fortescue Metals Group will convert more of its Pilbara truck fleet to driverless operating systems as it seeks to keep a lid on costs in the face of rising strip ratios.

Page 72: Credit Suisse has made a bold move to test the strength of Perth’s CBD office market, appointing blue-chip estate agents CBRE and JLL to sell 45 St Georges Terrace, with market watchers predicting a price of $60 million-plus.

Page 73: John Bond’s $2.3 billion property fund manager Primewest has the US market in its sights — a significant strategic shift for the Australian property syndicator started in Perth in 1994.

Wyndham Hotel Group is planning its third hotel for Perth — the first under its Wyndham brand — with a $40 million construction by NXT TEC to start this year.

Page 74: Kmart has opened its 200th Australasian store at Lakelands shopping centre in the high-growth corridor between Rockingham and Mandurah, 65km south of Perth.

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