10/07/2017 - 06:41

Morning Headlines

10/07/2017 - 06:41

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PM wins steel deal from Trump

Australian steel and aluminium are set to be exempt from harsh US import tariffs after Malcolm Turnbull and Finance Minister Mathias Cormann lobbied US President Donald Trump, Treasury Secretary Steve Mnuchin and other officials on the sidelines of the G20 summit in Hamburg. The Fin

 

Tanzania law overhaul hits explorer funds

More than half the Australian listed companies caught up in Tanzania’s controversial overhaul of its mining laws have less than $2.5 million in cash to their name, with the affected groups tipped to struggle to secure new sources of funding. The Aus

 

Elon Musk finds rival in giant battery war

Tesla founder Elon Musk’s claim that his giant battery for South Australia will be a world beater is being challenged by Lyon Group’s David Green, who is also building a battery facility in the state’s Riverland. The Fin

 

Blockchain wins support of blue chips

A consortium of banks, a global technology company and Australia’s largest shopping centre owner have used distributed ledger technology or blockchain to make paper-based bank guarantees worth tens of billions obsolete. The Fin

 

Penalty rates plan for small business

A new report has called for changes allowing businesses and workers to negotiate their own penalty rates to remove “distortions” created by the mandating of weekend pay-rates through an independent umpire. The Aus

 

We don’t shirk super: WorkPac

Labour hire company WorkPac has moved to quell a growing furore over accusations superannuation contributions would be cut for 800 contract workers at Rio Tinto’s Pilbara operations. The West

 

Keep Water Corp in public hands, warns utility veteran

When Peter Moore started working in WA’s public water sector, flares were a recent fashion phenomenon and Perth’s southern outskirts stopped more or less at Leach Highway. The West

 

NBN ramp-up faces challenges

The National Broadband Network is about to speed up its entry into Australia’s capital cities with the network’s chief engineer, Peter Ryan, warning that the ramp-up poses additional headaches for NBN Co, telcos and households. The Aus

 

Weak WA gets smaller planes

Virgin Australia and Qantas are to re-engage in a transcontinental air war but with contrasting strategies to win the hearts and wallets of flyers. The West

 

The Australian Financial Review

Page 1: Australian steel and aluminium are set to be exempt from harsh US import tariffs after Malcolm Turnbull and Finance Minister Mathias Cormann lobbied US President Donald Trump, Treasury Secretary Steve Mnuchin and other officials on the sidelines of the G20 summit in Hamburg.

Seven Network is expected to push for a $1 million legal costs order against Amber Harrison on Monday after she refused to publicly apologise for the impact her action has caused, which, if successful, will bankrupt the former executive assistant.

Page 4: Crown Resorts’ senior executive Jason O’Connor was jailed in China for ‘‘approving’’ aggressive sales targets and seeking new clients while visiting the mainland, according to the written judgment following his trial in Shanghai last month.

Page 5: Tesla founder Elon Musk’s claim that his giant battery for South Australia will be a world beater is being challenged by Lyon Group’s David Green, who is also building a battery facility in the state’s Riverland.

Page 8: Australia has won support among G20 members to adopt a new five-year economic growth target after a 2.1 per cent goal set in Brisbane in 2014 was more than half met.

Page 13: A consortium of banks, a global technology company and Australia’s largest shopping centre owner have used distributed ledger technology or blockchain to make paper-based bank guarantees worth tens of billions obsolete.

Page 16: Kidman Resources managing director Martin Donohue says the company can now wholly focus its efforts on developing its Earl Grey lithium project after the Supreme Court of Western Australia dismissed a claim over the project by Marindi Metals.

 

The Australian

Page 1: Malcolm Turnbull has lost ground to Bill Shorten as the nation’s preferred prime minister after weeks of Coalition infighting, as the government struggles to end a slump that gives Labor a commanding lead in the polls.

Page 2: The federal government will launch a high-powered inquiry into Medicare security to review the way doctors check up to 45,000 records every day, after a damaging privacy breach sparked fears about the sale of personal data to criminals.

A new report has called for changes allowing businesses and workers to negotiate their own penalty rates to remove “distortions” created by the mandating of weekend pay-rates through an independent umpire.

Page 4: Acting Prime Minister Barnaby Joyce says the government should step in to build a new “clean” coalfired power station to help deliver cheap and reliable electricity to Australians if the private sector fails to stump up the finance.

Page 17: The National Broadband Network is about to speed up its entry into Australia’s capital cities with the network’s chief engineer, Peter Ryan, warning that the ramp-up poses additional headaches for NBN Co, telcos and households.

Page 18: More than half the Australianlisted companies caught up in Tanzania’s controversial overhaul of its mining laws have less than $2.5 million in cash to their name, with the affected groups tipped to struggle to secure new sources of funding.

Page 21: Canadian giant Brookfield is advancing the development of Perth’s tallest tower at the gateway of the city’s $2.6 billion Elizabeth Quay precinct, winning council backing for the architecturally striking project.

 

The West Australian

Page 4: Prime Minister Malcolm Turnbull says he is disappointed the G20 summit did not take a tougher stance on North Korea’s missile tests, but has played down divisions over climate change and trade that marked the weekend’s meeting of world leaders.

Page 6: Tests on water run through a cheap Aldi tap from China have found up to 15 times the maximum allowable level of lead.

The election of WA Labor giantkiller Yaz Mubarakai could be disputed after questions over whether his job as a postmaster should have disqualified him from nominating for State Parliament.

Page 7: The rollout of the NBN across Australia has reached its halfway point — ahead of schedule and under budget.

Page 10: Virgin Australia and Qantas are to re-engage in a transcontinental air war but with contrasting strategies to win the hearts and wallets of flyers.

Page 58: Labour hire company WorkPac has moved to quell a growing furore over accusations superannuation contributions would be cut for 800 contract workers at Rio Tinto’s Pilbara operations.

When Peter Moore started working in WA’s public water sector, flares were a recent fashion phenomenon and Perth’s southern outskirts stopped more or less at Leach Highway.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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