Big miners set to pay lion's share – The Fin; Eurozone fury at 'Lord of chaos' – The Fin; Education urged to head off shale controversy – The West; Fortescue licence exposes hole in process – The Fin; Coventry's 'top-heavy' management criticised – The West
Big miners set to pay lion's share
A huge 90 per cent of the federal government's $11.1 billion mining tax will be paid by Australia's biggest miners, BHP Billiton, Rio Tinto and Xstrata. The Fin
Eurozone fury at 'Lord of chaos'
European leaders have given Greece an ultimatum that it will get no more money from the European Union and International Monetary Fund until its people had voted to accept the austerity measures demanded by a hard-won bailout package. The Fin
Education urged to head off shale controversy
The state government has been urged to do more to educate the community about WA's fledgling but ready-to-boom shale gas industry or risk comparisons with more controversial operations in the US or Queensland. The West
Fortescue licence exposes hole in process
An administrative error by the WA government allowed Fortescue Metals Group to obtain an exploration licence without input from the local indigenous community. The Fin
Coventry's 'top-heavy' management criticised
One of Coventry Group's biggest and oldest shareholders has accused the WA manufacturer and distributor of being top-heavy following the recent sale of its foundation auto parts business. The West
THE WEST AUSTRALIAN:
Page 5: The number of beds in WA public hospitals rose by only seven in 2009-10, forcing major hospitals to struggle with unsafe occupancy rates, according to a national audit.
Page 6: The Gillard government will have to cut deals with key independents to get its mining tax through Parliament.
Page 8: Qantas has been forced to boost its compensation for passengers left stranded by its 48-hour grounding after the consumer watchdog criticised for not doing it enough.
Page 9: Julia Gillard arrived in France last night demanding European leaders quickly head off a fresh Greek crisis that threatens to plunge the rest of the world into recession.
Treasurer Wayne Swan has urged National Australia Bank customers to ditch the bank after it failed to pass on in full the Reserve Bank's cut in official interest rates.
Page 11: The next Perth International Arts Festival will rely on a form of people power to re-energise Australia's oldest multi-arts event as it celebrates its 60th year.
Page 13: Veteran Liberal MP Norman Moore has emerged as a frontrunner to become WA's next Agent-General in London in a Cabinet reshuffle that could make Rob Johnson the Speaker after the next election.
Page 15: A new supermarket battle has opened , with Woolworths revealing plans to hire 10,000 people in the next year to staff a big expansion of outlets.
Page 20: A hole in the ground that has blighted the city centre for almost two decades could soon be plugged with a 17-storey office tower within the City Square complex.
Business: New Woolworths boss Grant O'Brien has triggered a company-wide shake-up of the retailer that will jolt all aspects of the group, from fresh fruit and vegetables to underwear and hammers, to capture more than $2.5 billion in new sales and tighten its cost base.
It started with just two blokes and a boat, but just six years later the last of WA offshore services company Samson Maritime is being sold to Singapore group Miclyn Express Offshore in a deal valuing the business at $47 million.
The state government has been urged to do more to educate the community about WA's fledgling but ready-to-boom shale gas industry or risk comparisons with more controversial operations in the US or Queensland.
Westpac boss Gail Kelly will push ahead with the “second phase” of her restructuring efforts aimed at boosting the bank's returns through cost savings, increasing productivity and overhauling antiquated technology.
Greek Prime Minister George Papandreou was last night trying to win over irate European leaders, hours after persuading his cabinet to back a hugely controversial referendum on the debt-crippled country's latest rescue package.
One of Coventry Group's biggest and oldest shareholders has accused the WA manufacturer and distributor of being top-heavy following the recent sale of its foundation auto parts business.
Chalice Gold Mines is poised to test the appetite of money markets, with the Tim Goyder-headed explorer cleared to start raising funds for its $131 million high-grade gold project after getting the final nod from the Eritrean government.
OneSteel shares have crashed to their lowest level in almost a decade yesterday after the company warned its earnings would fall victim to slumping iron ore prices and the rising Australian dollar.
The head of one of China's biggest financial institutions says its move to open a “resource bank” in Perth will fill a gap in the market created by his country's ever-growing hunger for WA commodities.
THE AUSTRALIAN FINANCIAL REVIEW:
Page 1: The most senior professional staff at GM Holden insist that the company has told them that the next model Commodore, due to appear in 2015, might be the last.
European leaders have given Greece an ultimatum that it will get no more money from the European Union and International Monetary Fund until its people had voted to accept the austerity measures demanded by a hard-won bailout package.
The federal government has ratcheted up pressure on Coles and Woolworths after complaints from suppliers and small retailers.
Page 3: A huge 90 per cent of the federal government's $11.1 billion mining tax will be paid by Australia's biggest miners, BHP Billiton, Rio Tinto and Xstrata.
Page 11: Hopes for an interest rate cut in December have jumped after fears that the latest European sovereign debt rescue package might be unravelling.
Page 13: An administrative error by the WA government allowed Fortescue Metals Group to obtain an exploration licence without input from the local indigenous community.
Page 14: The West Australian National Party has dropped support for laws to strengthen the rights of individual franchise owners.
Page 21: The minerals resource rent tax is not yet law, but tax experts are confident most clients are across the myriad issues and are already modelling its impact.
THE AUSTRALIAN:
Page 1: Prominent union leader Tony Sheldon has conceded his union’s bid to force Qantas to submit to contentious job security clauses would not have been possible under the Howard government and was only achievable after Labor changed workplace laws.
Page 2: The competition watchdog is urging Australia to make costly new infrastructure investment on the waterfront — especially at the Port of Melbourne — and warned that a ‘‘go slow’’ strategy by maritime workers threatened productivity over the next year.
Qantas is considering giving free tickets to passengers disrupted by its shock move to ground its domestic and international fleet last weekend.
Page 8: Resources Minister Martin Ferguson has admitted the coal seam gas industry is growing too quickly, and has called for strict adherence to scientific principles in its development.
Gas industry veteran Rick Wilkinson reckons hostility to the coal-seam gas industry in Australia has little to do with science.
Page 9: Greece's decision to hold a referendum on its debt deal had put on ‘‘fast forward’’ the need for European leaders to sort out their financial crisis, Julia Gillard said last night.
National Australia Bank is under fire for holding back the Reserve Bank’s full interest rate cut for thousands of home owners, as new analysis shows Australia’s big banks have built up a large rates buffer since the global financial crisis.
Page 10: Employers will be able to hire temporary foreign workers for six years, double the current period, and get quicker visa approvals for workers under changes announced by the Gillard government last night.
Business: Westpac could send hundreds more jobs offshore after chief executive Gail Kelly ordered a major shake-up of its technology workforce to cut costs, despite yesterday reporting a record $6.3 billion annual profit.
OneSteel shares have suffered their biggest one-day fall, slumping to a fresh 10-year low after investors were caught off-guard by the effect of slumping iron ore spot prices on the bottom line of the steelmaker.
Retailer Woolworths has flagged a possible sale of its Dick Smith consumer electronics chain as an accelerated supermarket opening program is set to add 10,000 new jobs by the end of July.
Rio Tinto has announced a fifteen-fold increase in its fleet of driverless trucks as it moves to expand iron ore production at its Pilbara mines.
The Foreign Investment Review Board has delayed a decision on the partly Chinese $535 million takeover of coal-seam gas explorer Bow Energy, as debate rages over the impact of gas production on farming land.
Virgin Australia is slashing the price of business class seats on ‘‘golden triangle’’ routes between Melbourne, Sydney and Brisbane in another blow to its beleaguered competitor.
THE SYDNEY MORNING HERALD:
Page 1: Bikie mayhem at Sydney airport has resulted in one murder conviction and two new trials for manslaughter.
Unions are demanding parliament thwart the "offshoring by stealth" of Qantas's international operations.
Page 2: A triple-zero call has again raised concerns about the handling of calls by operators in emergency call centres.
Page 3: The chief executive of NAB remains defiant about his decision to hold back some of this week's rate cut.
Electricity trading rights for NSW power stations were sold for less than half their value by the former Labor government.
World: Turmoil in the Greek government is overshadowing the lead-up to the G20 summit in Cannes.
Business: Westpac boss Gail Kelly will push ahead with the "second phase" of her restructuring efforts.
Sport: Australia's two Tests against Pakistan in England last year will be the subject of a fresh ICC investigation.
THE DAILY TELEGRAPH:
Page 1: Kevin Rudd is being urged to move early as Labor powerbrokers plot a November coup on the prime minister.
Page 2: The clubs movement has given Kevin Rudd a boost amid speculation he could return to the PM's job.
Page 3: The cost of implementing government green schemes and maintaining the grid drove power bills up by 17 per cent.
World: Surgeons have separated two-year-old girls joined at the chest and abdomen.
Business: The spectre of rising funding costs has returned to haunt Australia's banking industry.
Sport: John Singleton has slammed the Melbourne Cup qualifying conditions, saying it favours European stayers over Australian horses.
THE AGE:
Page 1: Asylum seekers begged the captain of a rickety boat heading for Australia not to go out into the rough seas.
ACCC says Qantas should reimburse customers for hotel and transport costs.
AFP boss found a question asked by Australian newspaper editor Paul Whittaker about how many people would be killed in a terrorist act "reprehensible".
Security of Australian soldiers in Afghanistan compromised by loss of secret documents.
Page 2: NAB defiant in face of treasurer's attack about not passing on full interest rate cut.
Page 3: New legislation to let workers over 75 get superannuation. Mansfield policeman pleads guilty to assaulting hoon driver.
Jim Stynes vows to fight on to beat cancer. As four Cann River students prepare for VCE they reflect on their years together.
Former AFL players finance new movie about the domestic football code.
World: Israel accelerates settlement building as Palestine gets UNESCO vote.
Business: Westpac boss Gail Kelly pushes ahead with second phase of restructuring to boost profits.
Sport: Cox Plate to be the next big race targeted by overseas horses.
THE HERALD SUN:
Page 1: Victorian classrooms are falling apart and will cost $300 million to repair. Sex and the City star Sarah Jessica Parker dresses up for Oaks Day.
Page 2: Backers urging Kevin Rudd to challenge for the leadership this month. Workers aged over 70 to get superannuation under new rules.
Page 3: NAB branded as greedy for not passing on full interest rate cut. Melbourne AFL club president Jim Stynes to pioneer new cancer drug.
World: UK government says world leaders should not try to clamp down on internet and mobile phone networks.
Business: Banks spooked by rising funding costs as Europe bailout plan goes awry.
Sport: A push to relax quarantine rules could mean foreign horses flooding future Melbourne Cups.
THE CANBERRA TIMES:
Page 1: ACT Health shy on details of 15 drug overdoses in Canberra jails.
Page 2: WikiLeaks founder Julian Assange loses appeal to avoid extradition to face sex charges in Swedish court.
Page 3: ACT government plans to spend $100 million to build and upgrade emergency facilities.
World: Greek government proposal for a referendum on bailout plan puts pressure on euro deal.
Business: Westpac eyes staff cuts after reporting a nearly $7 billion yearly profit.
Sport: Rugby league great Mal Meninga is keen to help his former club the Canberra Raiders regain its place as one of the code's elites.
THE COURIER MAIL:
Page 1: Virgin Australia has fired the first shot in a domestic airfare war by introducing cut-price business-class seats in a high-risk moved designed to build on its gains from the Qantas chaos.
Page 4: Qantas faces an uphill battle to make up its losses in international market share as a fleet of overseas airlines erodes the Flying Kangaroo's traditional strongholds.
Page 5: About 10,000 new jobs, more than 100 new stores, an expansion of home brand products and an overhaul of parts of its business - Woolworths has big plans for coming months.
World: Herman Cain has conceded a woman who accused him of sexual harassment received a paid settlement in the 1990s as apparent changes in his story threatened to derail his White House bid.
Business: Westpac has flagged further possible job cuts after unveiling a record profit of almost $7 billion that eclipsed those of its rivals.
Sport: Australian cricket has been rocked by the discovery of deleted mobile phone text messages which reveal another Test match was allegedly fixed by crooked Pakistan players.
THE ADELAIDE ADVERTISER:
Page 1: A gunman who ambushed and injured two police officers should have been prosecuted for attempted murder and received a heavier jail term, the SA police association says.
Page 1: South Australians are pouring their money into the safe haven of banks, with Banks SA increasing its deposits by 8 per cent to a record $9.3 billion in the past year.
Page 3: An endangered lizard that lives in spider holes has new hope of avoiding extinction.
World: Republican presidential hopeful Herman Cain is trying to move past sexual harassment allegations that surfaced as he is surging atop the polls.
Business: Westpac has flagged further possible job cuts after unveiling a record profit of almost $7 billion that eclipsed those of its rivals.
Sport: Crows great Tyson Edwards says he has no hesitation joining his former club's bitter rival, Port Adelaide.
