Morrison to launch 10-year critical minerals ‘value-add plan’
Prime Minister Scott Morrison will press business and industry to help lift efforts to develop as quickly as possible a domestic critical minerals processing capacity amid fears China is too dominant. The Fin
Call for hi-tech vaccine passports
The Australia China Business Council is urging the federal government to support the development of a COVID-19 vaccine passport using blockchain technology to help open up regional travel. The Aus
Household spending gives economy push to full recovery
A sustained economic recovery and further upgrades are being locked in after a record two consecutive quarters of more than 3 per cent growth fuelled by surging consumption and business investment weathered the withdrawal of more than half the federal government’s stimulus. The Fin
Anger at duo who ‘destroyed Liberals’
A prominent Perth businessman and philanthropist has accused Liberal powerbrokers Peter Collier and Nick Goiran of destroying the party. The West
Private equity tries to spoil Woolies’ $13b liquor spin-off
American investment giant The Carlyle Group and Australia’s BGH Capital are among firms trying to pinch Woolworths’ pubs, pokies and liquor spin-off and spoil what would otherwise be the year’s biggest capital markets transaction. The Fin
Overseas risks grow for miners
Australian explorers and miners operating in some far-flung parts of the globe should brace for a surge in resource nationalism, according to a respected global risk consulting firm. The West
Shift to 100pc renewables could cost billions: gas industry report
Keeping gas in the power generation system could reduce costs by as much as $7.5 billion a year, according to the gas industry, as it pushes back against official assumptions that the fuel will play a minimal role in electricity supply. The Fin
Miners fear price volatility
Surging commodity prices that have fuelled talk of a new mining boom haven’t dampened concerns in the global mining industry about price volatility, according to accounting and consulting major KPMG. The Aus
Putting payments to bed
The company behind Bedshed has joined the list of companies to repay JobKeeper funds after doubling first-half profits and announcing a record dividend. The West
Retailer respite but shift to online hastens
Western Australia’s success in keeping the State mostly free of COVID-19 has been a win for bricks and mortar retail but experts predict the shift towards online spending to strengthen. The West
The Australian Financial Review
Page 1: A sustained economic recovery and further upgrades are being locked in after a record two consecutive quarters of more than 3 per cent growth fuelled by surging consumption and business investment weathered the withdrawal of more than half the federal government’s stimulus.
Page 2: Prime Minister Scott Morrison will press business and industry to help lift efforts to develop as quickly as possible a domestic critical minerals processing capacity amid fears China is too dominant.
Page 6: Jobs in Australia’s app economy have grown by 15 per cent since before the pandemic, according to a research report by Washington DC think tank the Progressive Policy Institute.
Page 10: Google claims that having to pull harmful content off the internet within a day under proposed new laws could lead to technology companies inadvertently shutting down entire websites.
Page 15: American investment giant The Carlyle Group and Australia’s BGH Capital are among firms trying to pinch Woolworths’ pubs, pokies and liquor spin-off and spoil what would otherwise be the year’s biggest capital markets transaction.
Page 19: A top Qantas executive concedes there could be more job cuts at the carrier, beyond the already declared 8500 redundancies.
Page 29: Red tape impeding drug development should be removed to allow faster pathways to reimbursement and save more lives, says the CEO of the Medical Research Commercialisation Fund.
Keeping gas in the power generation system could reduce costs by as much as $7.5 billion a year, according to the gas industry, as it pushes back against official assumptions that the fuel will play a minimal role in electricity supply.
The Australian
Page 1: Defence Minister Linda Reynolds referred to Brittany Higgins as a “lying cow” in front of staff members, after her former media adviser went public about an alleged rape in Parliament House.
Page 7: Teaching graduates from some of the nation’s biggest universities risk missing out on evidence-based training on how to teach children to read, amid concern some faculties have been slow to act on a government directive to strengthen courses.
Page 10: Some Asian nations that led the world in crushing COVID-19 last year are being hamstrung by border closures and other rules they imposed to stay safe, potentially putting them behind the US and other countries in leading the global economic recovery.
Page 16: Melbourne-based property fund BGH Capital is believed to be among six to 10 groups competing to buy a 44 per cent stake in Property Exchange Australia — set to be worth more than $1bn.
The sale of the Australian telecommunication towers owned by Optus Group could finally be starting to launch, with sources saying documents for the $2bn-odd divestment process will be sent out to buyers in April.
Page 17: The Australia China Business Council is urging the federal government to support the development of a COVID-19 vaccine passport using blockchain technology to help open up regional travel.
The local cruise industry, which estimates $5bn has been lost to the Australian economy since it stopped operating 12 months ago, will continue to push for a return to domestic cruising following the federal government’s decision to extend the country’s international travel ban.
Macquarie Telecom has ditched Telstra in favour of Optus, signing a $34m exclusive deal with Australia’s second-biggest telco to deploy mobile services including 5G to its 100,000 business customers.
Page 18: Surging commodity prices that have fuelled talk of a new mining boom haven’t dampened concerns in the global mining industry about price volatility, according to accounting and consulting major KPMG.
Page 20: Time will heal the damage caused to Rio Tinto’s reputation by the Juukan Gorge scandal, former chief executive Sam Walsh says.
The West Australian
Page 8: A prominent Perth businessman and philanthropist has accused Liberal powerbrokers Peter Collier and Nick Goiran of destroying the party.
WA Liberal leader Zak Kirkup has accused Mark McGowan of providing ammunition to the anti-vaxxer movement after the Premier questioned the “efficacy” of the jabs currently being administered across Australia.
Business: A Pilbara cattle station that was embroiled in a major animal welfare scandal two years ago is looking for new owners.
The company behind Bedshed has joined the list of companies to repay JobKeeper funds after doubling first-half profits and announcing a record dividend.
Billionaire aviation enthusiast Tim Roberts is locked in more dogfights with Bombardier as he mounts a $450 million legal attack against the Canadian manufacturer.
Western Australia’s success in keeping the State mostly free of COVID-19 has been a win for bricks and mortar retail but experts predict the shift towards online spending to strengthen.
