Big bill for Roy Hill overhaul
Gina Rinehart’s Roy Hill Holdings is poised to significantly overhaul part of its processing plant as the miner looks to resolve the crushing issues that hindered the $10 billion iron ore project’s rampup. The Aus
Canadians to take on FMG
A spectacular bust-up between a Canadian utility company and Fortescue Metals Group appears destined for court after the miner pulled the plug on a major power deal at the eleventh hour. The West
Minister warns mining lease mess bigger than expected
Authorities have revealed at least 130 mining leases issued in Western Australia since 2006 are invalid in the eyes of the High Court amid growing nervousness about a ruling involving Andrew Forrest. The Fin
Voters warn not to topple Turnbull
Malcolm Turnbull has seized on Barnaby Joyce’s thumping byelection win to declare he can lead the government to victory, as a new poll shows the Coalition still lagging Labor but the voters hostile to another leadership change. The Fin
Cash-only hot spots in sights of ATO
The Australian Taxation Office has launched an audit blitz on neighbourhoods across the nation with high concentrations of cash-only businesses, including restaurants, hairdressers and beauty parlours. The Aus
Coles goes bananas over top end fruit
WA is likely to grow about five million more bananas a year after a major producer in Kununurra received a grant from Coles to expand. The West
Big profits hit airport customers
Perth Airport has been included in a study that has found a host of protected firms that are making an extra $17 billion a year in profits from consumers. The West
The Australian Financial Review
Page 1: Malcolm Turnbull has seized on Barnaby Joyce’s thumping by-election win to declare he can lead the government to victory, as a new poll shows the Coalition still lagging Labor but the voters hostile to another leadership change.
A top former intelligence official believes there is evidence Labor senator Sam Dastyari has been deliberately targeted by the Chinese government to advance its interests in Australia.
Page 3: Universities will be forced to eliminate programs covering poorer students and high-end research and may have their overall student numbers capped at current levels to achieve the $2 billion in cuts the federal government needs to make to meet budget savings.
Page 4: Julie Bishop has moved past Malcolm Turnbull as the preferred Liberal leader for the first time, but the Prime Minister remains the favourite among the party faithful, the latest Fairfax/ Ipsos poll shows.
Page 6: A reconvened security grouping comprising Australia, the US, India and Japan is seeking to bolster infrastructure lending across the region, in an effort to counter China’s use of major projects to gain influence.
Page 17: Authorities have revealed at least 130 mining leases issued in Western Australia since 2006 are invalid in the eyes of the High Court amid growing nervousness about a ruling involving Andrew Forrest.
The Australian
Page 1: The Australian Taxation Office has launched an audit blitz on neighbourhoods across the nation with high concentrations of cash-only businesses, including restaurants, hairdressers and beauty parlours.
Page 17: The corporate watchdog received a flood of complaints from term deposit customers allegedly ripped off by Australia’s banks as they sought safe-haven investments after the global financial crisis, new documents show.
Page 20: Gina Rinehart’s Roy Hill Holdings is poised to significantly overhaul part of its processing plant as the miner looks to resolve the crushing issues that hindered the $10 billion iron ore project’s ramp up.
Page 22: The US Senate passed sweeping revisions to the nation’s tax code after midnight on Saturday after Republicans navigated a thicket of internal divisions over deficits and other issues to make their mark on the economy.
Page 24: Facebook and Google are facing an investigation into the revenues they have siphoned off from journalists after the Turnbull government directed competition tsar Rod Sims to launch an immediate inquiry, Media can reveal.
The West Australian
Page 4: Barnaby Joyce’s thumping victory in the New England by-election has bolstered the coalition, with Prime Minister Malcolm Turnbull claiming the “stunning” win as a vote of confidence in the Federal Government.
Tax cuts for workers will be introduced before the next Federal election, as Prime Minister Malcolm Turnbull flags sweeteners for middle-income Australians in next year’s Budget.
Page 11: The Association of Superannuation Funds of Australia will today release figures to show people where their retirement balance should be sitting at ages 30, 40, 50 and 60.
Page 13: Jetstar will resume flying passengers to Bali today after Mt Agung stopped emitting ash, though experts warn that an explosive eruption is still likely.
Page 14: Huge out-of-pocket medical expenses are driving patients to free public hospitals.
Page 18: Perth Airport has been included in a study that has found a host of protected firms that are making an extra $17 billion a year in profits from consumers.
Business: A spectacular bust-up between a Canadian utility company and Fortescue Metals Group appears destined for court after the miner pulled the plug on a major power deal at the eleventh hour.
WA is likely to grow about five million more bananas a year after a major producer in Kununurra received a grant from Coles to expand.
Walt Disney and 21st Century Fox have restarted more serious talks that could result in the owner of US network ABC and ESPN picking up pieces of the empire controlled by the Murdoch family, according to a report in the Wall Street Journal, while Comcast also remains interested in pursuing a potential deal.
