Dick Smith brand to be resurrected by e-commerce pioneer
Like a cat with nine lives, the Dick Smith brand is set to live again – this time as an online-only consumer electronics retailer owned by e-commerce pioneer Ruslan Kogan. The Fin
Penn sticks to $1.3b Asia growth plan
Telstra chief executive Andy Penn says he is still keen to invest more than $1 billion in new ventures despite the collapse of talks with Philippines conglomerate San Miguel to build the country’s third mobile network. The Fin
Russian sells off FMG stake
Fortescue’s Russian investor, billionaire Viktor Rashnikov’s Magnitogorsk Iron and Steel is tipped to have taken advantage of the dramatic rebound in the iron ore group’s share price to offload a big line of stock. The Aus
Labor leader to promise full employment
Opposition Leader Bill Shorten will put full employment at the centre of Labor’s policy ambitions in a speech on Tuesday, arguing it is central to the party’s policy focus on addressing inequality, poverty, disadvantage and unemployment. The Fin
Morrison flags new fintech start-up rules
Australia’s top financial regulators have been told by Treasurer Scott Morrison to prepare for a new system to regulate financial technology start-ups that will allow entrepreneurs to spend more time building business ideas and less time navigating complex financial services regulations. The Fin
Shake-up as Tap Oil chief goes
Tap Oil managing director Troy Hayden is set to leave the embattled Perth company as part of a corporate restructure to be announced as early as today. The West
The Australian Financial Review
Page 1: Telstra chief executive Andy Penn says he is still keen to invest more than $1 billion in new ventures despite the collapse of talks with Philippines conglomerate San Miguel to build the country’s third mobile network.
Unions are threatening to campaign against the Greens and withhold financial support if its deal with the Turnbull government to change the way senators are elected leads to the return of the Australian Building and Construction Commission.
Page 2: Opposition Leader Bill Shorten will put full employment at the centre of Labor’s policy ambitions in a speech on Tuesday, arguing it is central to the party’s policy focus on addressing inequality, poverty, disadvantage and unemployment.
Page 4: Small businesses would be able to take legal action against bigger rivals without the fear of automatically having to pay costs if they lose, under a federal Labor government.
Page 13: Australia’s top financial regulators have been told by Treasurer Scott Morrison to prepare for a new system to regulate financial technology start-ups that will allow entrepreneurs to spend more time building business ideas and less time navigating complex financial services regulations.
Like a cat with nine lives, the Dick Smith brand is set to live again – this time as an online-only consumer electronics retailer owned by e-commerce pioneer Ruslan Kogan.
Page 18: Western Australian Premier Colin Barnett is poised to proceed with the $1 billion privatisation of the state’s TAB agency with talks planned this week with the racing industry.
Page 20: Local television projects that are currently ‘‘parked’’ would be in production if the government aligned tax benefits for television with those of film, according to TV bosses.
Page 23: One of Australia’s top technology entrepreneurs next month plans to float another internet marketplace, Redbubble, on the stock exchange, testing investors’ appetite for start-ups following big falls in the value of many global tech stocks last year.
Page 24: Intelligent sports helmet technology company Forcite Helmet Systems is embarking on a $5 million capital raise in June, and has secured the investment of former Deutsche Bank Australia managing director and head of global equities, Robin Yandle.
The Australian
Page 2: Workers sacked from Clive Palmer’s nickel refinery have no chance of being rehired this financial year
Page 5: Nick Xenophon has called for an independent judicial review into the deepening Pearls scandal, saying if it is left unresolved, it could seriously damage trade and bilateral relations with India.
Page 7: Stephen Smith is positioning himself for a war of attrition against Western Australian Labor leader Mark McGowan in the run-up to next year’s state election despite facing certain defeat when MPs meet today to consider his bid for the job.
Page 19: The slide in oil prices has paused after crude fell more than 70 per cent from its 2014 peak. Now the question is whether the recent rise itself could spark another downward spiral.
Fortescue’s Russian investor, billionaire Viktor Rashnikov’s Magnitogorsk Iron and Steel is tipped to have taken advantage of the dramatic rebound in the iron ore group’s share price to offload a big line of stock.
The West Australian
Page 1: Families are facing waits of up to two years to get child care in some Perth suburbs and one in three of the city’s long daycare centres are booked out.
Page 3: Plans for Perth’s first bona fide bike-sharing scheme will be launched today, with organisers aiming to have bikes available at metropolitan sites by August.
Page 16: The Greens will side with the Government today to crush a Senate crossbench bid to debate reintroducing the construction industry watchdog.
Business: CBH has denied claims it faces a backlash in the bush after refusing to give its grain grower members a vote on a corporatisation proposal which promised them up to $1 billion in cash as well as shares in a public company.
Tap Oil managing director Troy Hayden is set to leave the embattled Perth company as part of a corporate restructure to be announced as early as today.
A long-running dispute over the troubled development of Busselton’s luxury Aqua Resort has come to a head in the Federal Court.
The trustee of Antares Energy’s convertible notes is leaving it to investors to decide the company’s future ahead of a crucial Perth meeting of note-holders at the end of the month.
Agriculture Minister Ken Baston has belatedly appointed a six-member panel to review the operations of his department.
