Asian big chill fires up LNG exporters
Woodside Petroleum is widely tipped as the best placed to benefit from the historic price rally, which pushed north Asian spot prices above $US8 per million British thermal units in December for the first time since early January. The Fin
China bully tactics 'must be resisted'
A leader of a powerful business group has called for a better alignment of the nation’s economic and strategic interests, urging Australian companies to resist bullying from China and for diplomats to get “their hands dirty’’ by helping to find alternative export markets. The Aus
Libs say no deal to One Nation
The WA Liberals have ruled out a repeat of the party’s disastrous 2017 preference swap deal with One Nation. The West
Price boom powers big iron’s profits
Another stunning rally in iron ore prices is set to put a rocket under profits for the major iron ore producers, showering shareholders with dividends, shoring up the sharemarket and helping the government restore its pandemic-ravaged finances. The Fin
RBA: low rates inflate asset prices
Confidential analysis by the Reserve Bank of Australia suggests house values could jump 30 per cent over three years if borrowers believe the cut in interest rates is permanent. The Fin
CEOs eye boost in Biden binge
The Biden administration could usher in an era of some $US4 trillion ($5.2 trillion) in infrastructure investment, including green projects, which could provide business opportunities for Australian companies, according to former Dow Chemicals chief executive Andrew Liveris. The Aus
Covid creates bottlenecks in manufacturing
The construction and manufacturing sectors will struggle to source equipment such as earthmovers, generators and trucks this year as COVID-19 causes global supply bottlenecks. The Aus
Commuters save up to $3k a year in ALP public transport pledge
Train, bus and ferry fares to anywhere in Perth would be capped at a maximum $4.90 in a complete overhaul of the city’s public transport system promised by the McGowan Government. The West
Dying to get into aged care
The wait for aged care has blown out to more than a year for almost 100,000 elderly Australians — and some risk dying before getting home help. The West
Further drop in jobless rate tipped
Economists expect the latest job figures will show a further easing in the unemployment rate and another solid rise in the number of people employed, reflecting Victoria’s recovery from a prolonged COVID-19 lockdown. The West
The Australian Financial Review
Page 1: Confidential analysis by the Reserve Bank of Australia suggests house values could jump 30 per cent over three years if borrowers believe the cut in interest rates is permanent.
Page 3: Top Defence officials are examining the possibility of replacing the ageing Collins class submarine with an updated version of the original boat and cutting adrift the contract with the French amid mounting frustration over cost blowouts and missed deadlines.
Page 4: Two wealth management firms have been accused of not paying basic leave entitlements to advisers earning up to $250,000 a year, fuelling concerns the finance industry could be on the hook for millions of dollars in compensation.
Page 6: The cost of servicing Australia’s debt has been slashed by $50 billion a year after the coronavirus pandemic smashed global interest rates, while a faster-than-expected economic recovery and imminent roll-out of vaccines erode concerns about long-term scarring from high unemployment.
Page 13: Another stunning rally in iron ore prices is set to put a rocket under profits for the major iron ore producers, showering shareholders with dividends, shoring up the sharemarket and helping the government restore its pandemic-ravaged finances.
Virgin Australia has punted three key executives as new boss Jayne Hrdlicka resets her leadership team.
Page 14: Woodside Petroleum is widely tipped as the best placed to benefit from the historic price rally, which pushed north Asian spot prices above $US8 per million British thermal units in December for the first time since early January.
The Australian
Page 1: A leader of a powerful business group has called for a better alignment of the nation’s economic and strategic interests, urging Australian companies to resist bullying from China and for diplomats to get “their hands dirty’’ by helping to find alternative export markets.
Australia’s medical regulator is seeking urgent answers from Norwegian health authorities after 30 frail, elderly people died after receiving the Pfizer vaccine against COVID-19.
Page 2: Business leaders are optimistic the Biden administration’s ambitious infrastructure and climate change agenda will provide major opportunities for Australian companies but warn it could usher in an era of higher taxes and stricter regulation.
Page 3: Hundreds of thousands of university students are set to head back to campus for in-person classes, as the nation’s higher education sector tries to put a difficult year of all-online learning during the COVID-19 pandemic behind it.
Page 4: A COVID-19 vaccine will be a “game-changer” for Australia’s prospects in 2021, first by limiting the frequency of virus outbreaks and restrictions and then by allowing the nation to open its borders to the rest of the world.
Page 13: The Biden administration could usher in an era of some $US4 trillion ($5.2 trillion) in infrastructure investment, including green projects, which could provide business opportunities for Australian companies, according to former Dow Chemicals chief executive Andrew Liveris.
Fund manager SG Hiscock & Company sees the rotation to cyclicals lasting through to the end of 2021 but says it could be a bumpy ride for investors, with the prospect of a 10 per cent correction in the Australian sharemarket before the year is out.
Page 15: The construction and manufacturing sectors will struggle to source equipment such as earthmovers, generators and trucks this year as COVID-19 causes global supply bottlenecks.
The West Australian
Page 3: Anthony Albanese’s leadership of the ALP has come under pressure after a union-commissioned poll revealed the party faced losing two seats in its coal mining political heartland at the next election.
Page 6: The WA Liberals have ruled out a repeat of the party’s disastrous 2017 preference swap deal with One Nation.
Page 7: Train, bus and ferry fares to anywhere in Perth would be capped at a maximum $4.90 in a complete overhaul of the city’s public transport system promised by the McGowan Government.
Page 14: The wait for aged care has blown out to more than a year for almost 100,000 elderly Australians — and some risk dying before getting home help.
Business: Businesses are divided on whether to bet big on high levels of trading that have boosted the fortunes of many WA industries continuing into this year, or be more cautious.
Economists expect the latest job figures will show a further easing in the unemployment rate and another solid rise in the number of people employed, reflecting Victoria’s recovery from a prolonged COVID-19 lockdown.
