Sacred site fears trigger ban on $4.5bn project
Federal Environment Minister Tanya Plibersek has told the proponents behind a $4.5bn urea project on Western Australia’s Burrup Peninsula to pause any construction work while her office assesses concerns about the potential impact on Indigenous rock art and sensitive sites. The Aus
Shell to lock out striking LNG workers
Shell will lock out workers at its Prelude floating LNG vessel from Monday unless they drop their strike action in a dramatic escalation of the crippling industrial dispute. The Fin
Iron ore faces new China threat
Senior resources industry figures have played down the impact of China’s move to undermine the Pilbara iron ore industry by creating a national iron ore company, amid talk the new entity is already pulling in staff to establish an iron ore trading desk servicing major Chinese steelmakers. The Aus
Chalmers, Lowe back 2-3pc target
Treasurer Jim Chalmers, Reserve Bank governor Philip Lowe and business bosses have backed Australia’s 2-3 per cent flexible inflation target that could underpin a doubling of the official interest rate in coming months. The Fin
Unions, Coalition demand say on skilled migration
The trade union movement has welcomed a government decision to fast-track the processing of permanent visa applications by almost 60,000 overseas skilled workers, but will play hardball on plans to change the size and composition of the annual migration intake. The Fin
UK nuclear subs could be based in Perth
The prospect of British submarines being based in Perth with Australian sailors onboard to undergo nuclear training will be discussed when the head of the UK military holds top-level talks with Australian officials next week. The Fin
Demand fuels Beach Energy’s June quarter
Beach Energy has posted its best quarterly earnings in more than three years as a global energy crunch fuelled demand, buoying hopes that the troubled company has turned a corner. The Fin
Students to plug teacher shortage
University students would assist teachers in classrooms just six months into an education degree, under radical reforms to plug the national shortage of school teachers. The Aus
McGowan refuses to entertain land tax
Premier Mark McGowan is standing firm in his opposition to further lobbying by the State’s peak business body to replace stamp duty with an annual land tax ahead of a meeting of treasurers on Friday. The West
The Australian Financial Review
Page 1: Treasurer Jim Chalmers, Reserve Bank governor Philip Lowe and business bosses have backed Australia’s 2-3 per cent flexible inflation target that could underpin a doubling of the official interest rate in coming months.
Page 2: Shell will lock out workers at its Prelude floating LNG vessel from Monday unless they drop their strike action in a dramatic escalation of the crippling industrial dispute.
Page 3: The Finance Sector Union has labelled the Commonwealth Bank’s decision to end special pandemic leave for its staff ‘‘outrageous’’ amid warnings from health authorities that COVID-19 cases are set to escalate.
Page 5: West Australian businessman Mark Barnaba has been reappointed to the Reserve Bank of Australia board for an extra year, until after the findings from the wide-ranging review of the central bank are released.
Page 8: The trade union movement has welcomed a government decision to fast-track the processing of permanent visa applications by almost 60,000 overseas skilled workers, but will play hardball on plans to change the size and composition of the annual migration intake.
Page 9: The prospect of British submarines being based in Perth with Australian sailors onboard to undergo nuclear training will be discussed when the head of the UK military holds top-level talks with Australian officials next week.
Page 10: The Albanese government is under growing pressure to introduce tougher fuel efficiency standards to encourage more electric vehicles to be released to the Australian market, following the ACT government’s decision to ban the sale of petrol cars by 2035.
Page 15: The tracking of prices by stockbroking house UBS of about 60,000 grocery items at the supermarket giants Woolworths and Coles shows food inflation averaged 5.3 per cent in the June quarter, and analysts predict it will rise higher again in the September quarter.
Page 16: The bulked-up Woodside Energy’s been in front of banks for a bulked-up funding package, picking up $1.2 billion in a new revolving loan that banks reckon could go undrawn for a while.
Page 19: Beach Energy has posted its best quarterly earnings in more than three years as a global energy crunch fuelled demand, buoying hopes that the troubled company has turned a corner.
The Australian
Page 1: University students would assist teachers in classrooms just six months into an education degree, under radical reforms to plug the national shortage of school teachers.
Federal Environment Minister Tanya Plibersek has told the proponents behind a $4.5bn urea project on Western Australia’s Burrup Peninsula to pause any construction work while her office assesses concerns about the potential impact on Indigenous rock art and sensitive sites.
Page 2: Australia’s livestock industry has called for increased biosecurity measures after fragments of the foot and mouth disease virus were detected in goods brought into Australia.
Page 4: Scott Morrison’s signature manufacturing, skills and climate change grants programs are set to be overhauled in the October budget under Labor’s plan to better direct funding, as business leaders push to abandon a “scattergun approach”.
Page 5: Unions have stepped up demands on employers to better protect workers by ensuring all employees who can work from home do so, going further than advice released by the country’s leading doctors.
Page 7: Australia’s poorest households would be the biggest beneficiaries from a major overhaul of stamp duty, a new study has found.
Page 13: Senior resources industry figures have played down the impact of China’s move to undermine the Pilbara iron ore industry by creating a national iron ore company, amid talk the new entity is already pulling in staff to establish an iron ore trading desk servicing major Chinese steelmakers.
Page 15: Flu and pandemic-ravaged Virgin Australia cancelled an average of 37 flights a day across the July school holiday period, after schedules were sliced and diced to ease pressure on staff.
Page 18: Facebook is facing an uphill battle to be cool again, says Meta’s vice-president of Facebook, Tom Alison, who is optimistic a combination of new AI tools and more short-form video content – dubbed Reels – will help it win the battle for eyeballs against the likes of Chinese giant TikTok.
The West Australian
Page 3: Perth Lord Mayor Basil Zempilas is seeking to turbo-charge the city’s residential population with an aggressive push to lure developers to the CBD.
Page 8: One of the big four banks has told employees there is “no requirement to be in the office” in response to a winter Omicron wave that threatens to overwhelm hospitals across the nation.
Page 11: Families who have made the agonising decision to donate a loved one’s organs to save lives are demanding changes to WA laws that bar them from publicly identifying the deceased donors.
Page 18: Pressure is building on the AFL to back away from a potential TV deal that would force Perth and Adelaide footy fans to pay to watch their local teams, with West Coast Eagles chief executive Trevor Nisbett saying matches should remain free.
Page 22: Paramedics have responded to more e-scooter incidents in the first half of this year than they did in the whole of last year, alarming new data reveals.
Business: Premier Mark McGowan is standing firm in his opposition to further lobbying by the State’s peak business body to replace stamp duty with an annual land tax ahead of a meeting of treasurers on Friday.
It was the adversity of her son losing his vision that inspired Perth’s Esther Oh to develop her medical technology, which she believes can reduce human errors, time delays and knowledge gap.
Regal Theatre management company Interstar wants to publicly probe Fortescue Metals Group money cruncher Jonathan Fiore despite reaching a partial-truce with his trouble-prone dad Peter.
