2000 WA nurses quit the system
Nearly 2000 nurses left the WA public health system over seven months this year. The West
Coalition doubles down on 12pc super
The government has doubled down on its commitment to 12 per cent superannuation, saying it is not considering letting people choose whether future increases could go towards their take-home pay. The Fin
Advisers 'accessed thousands of pages'
Forensic accountants had identified 60,000 pages of confidential information said to have been accessed by advisers accused by Euroz Hartleys of trying to steal clients before they joined a rival Perth stockbroker, a court has been told. The West
WA silent on border exemptions
Western Australia Police is refusing to say how many exemptions it has granted to travellers under the state’s draconian border closure regime, which has allowed wealthy business identities to isolate at home while pleas from families to be reunited on compassionate grounds have been rejected. The Fin
New ACCC chairwoman has close Murdoch links
The incoming chairwoman of the competition watchdog has vowed to step away from all private appointments, including acting on behalf of Lachlan Murdoch in the trust that manages the family’s multibillion-dollar stake in media companies Fox and News. The Fin
Fund managers ready for huge CSL raising
Fund managers have in recent weeks been setting aside funds to allocate to CSL’s blockbuster $US5 billion-odd ($7 billion) capital raising, which will help fund the biotech giant’s purchase of Switzerland’s Vifor Pharma. The Fin
Poll pledge: a million new jobs
Josh Frydenberg will pledge the creation of one million new jobs over the next four years on the back of stronger growth forecasts, as an election contest looms over job security and cost of living, with Labor claiming that wage growth must be central to the economic recovery. The Aus
Westpac cops first strike on pay
Westpac faces a difficult task placating investors aggrieved by writedowns, poor share performance and the bank’s lending to the fossil fuel sector – with investors on Wednesday delivering a first strike against the company’s remuneration report. The Aus
Get ready to be spoiled for choice
Fresh technology and a plethora of new cars powered by electricity will headline a frenzy of fourwheeled action in 2022 as the EV market charges forward. The Aus
FMG faces drawn-out search for new CEO
Outgoing Fortescue Metals Group boss Elizabeth Gaines could remain at the helm of the Andrew Forrest-controlled iron ore miner for months, particularly if the company brings in a new chief executive from overseas. The West
The Australian Financial Review
Page 1: Most states are pushing ahead with loosening public health measures despite rising COVID-19 cases and a warning from NSW Health Minister Brad Hazzard that the state’s daily case load could hit 25,000 in late January if the community does not respond.
Page 3: The incoming chairwoman of the competition watchdog has vowed to step away from all private appointments, including acting on behalf of Lachlan Murdoch in the trust that manages the family’s multibillion-dollar stake in media companies Fox and News.
Page 9: The government has doubled down on its commitment to 12 per cent superannuation, saying it is not considering letting people choose whether future increases could go towards their take-home pay.
Page 10: Western Australia Police is refusing to say how many exemptions it has granted to travellers under the state’s draconian border closure regime, which has allowed wealthy business identities to isolate at home while pleas from families to be reunited on compassionate grounds have been rejected.
Page 14: Fund managers have in recent weeks been setting aside funds to allocate to CSL’s blockbuster $US5 billion-odd ($7 billion) capital raising, which will help fund the biotech giant’s purchase of Switzerland’s Vifor Pharma.
Page 17: Junior electricity retailers have pounced on a wave of customers walking away from green power retailer Powershop after news of its acquisition by energy giant Shell, opening up the risk it will be paying over the odds for a diminished customer base by the time the deal completes.
Andrew Forrest’s Fortescue Future Industries and fertiliser maker Incitec Pivot say it is ‘‘technically feasible’’ to retrofit Incitec’s ageing Queensland fertiliser plant to produce zero-emissions ‘‘green’’ ammonia, and thus pave the way for the pair to determine the commercial viability of the project.
The Australian
Page 1: Josh Frydenberg will pledge the creation of one million new jobs over the next four years on the back of stronger growth forecasts, as an election contest looms over job security and cost of living, with Labor claiming that wage growth must be central to the economic recovery.
Australia’s most powerful energy companies have demanded a dramatic hike in the nation’s response to climate change, calling for a 55 per cent cut in emissions by 2035 across the economy to ensure the country can meet its net-zero target by the middle of the century.
Page 3: Australia’s residential housing market has claimed a long list of records in the past 12 months as the fastest housing boom in more than 30 years pushed prices in almost all suburbs around the country higher.
Page 5: The first Australian study into how effective vaccines will prove against the Omicron variant has found that protection against symptomatic infection from the new strain drops to 40 per cent.
Page 13: Westpac faces a difficult task placating investors aggrieved by writedowns, poor share performance and the bank’s lending to the fossil fuel sector – with investors on Wednesday delivering a first strike against the company’s remuneration report.
Page 14: Equity capital markets bankers have started turning their attention to the pipeline next year for initial public offerings, and Coates Hire is one potential candidate that is gaining plenty of attention.
Page 17: Fresh technology and a plethora of new cars powered by electricity will headline a frenzy of four-wheeled action in 2022 as the EV market charges forward.
Page 19: Telstra has received the largest ever fine to be issued by communications regulator ACMA, paying a $2.5m penalty for customer privacy and public safety failures.
The West Australian
Page 4: Nearly 2000 nurses left the WA public health system over seven months this year.
Page 8: A stay-at-home payment for workers who must isolate while they await a negative COVID test result will be introduced when WA’s borders reopen in February.
Business: Forensic accountants had identified 60,000 pages of confidential information said to have been accessed by advisers accused by Euroz Hartleys of trying to steal clients before they joined a rival Perth stockbroker, a court has been told.
Perth shoppers are forecast to flood into bricks-and-mortar stores with just nine Christmas shopping days left and warnings gifts bought online now are unlikely to make it on time.
Continuing skills and staff shortages are pushing sentiment in the WA property sector lower amid concern future developments won’t be able to get off the ground.
Outgoing Fortescue Metals Group boss Elizabeth Gaines could remain at the helm of the Andrew Forrest-controlled iron ore miner for months, particularly if the company brings in a new chief executive from overseas.
Re-emergent nickel miner Mincor Resources says it has mined first ore at its restarted Kambalda nickel operations and found additional high-grade tonnes in the process.
