Stalled India trade reboot
Prime Minister Malcolm Turnbull has commissioned a top-level inquiry into the economic potential of engaging with India amid growing concerns that efforts to tap into the rapidly developing regional power have stagnated. The Fin
Retailers start cutting Sunday penalty rates
Upmarket stationery retailer kikki.K has secured the first workplace deal to factor in reductions to Sunday and public holiday rates, in a decision that will flow on to enterprise agreements. The Fin
‘The crowd’ will destroy banking models: ASIC
Australia’s banking model faces a probable break-up as global technology firms enter the local market and the consumers become more empowered, the corporate regulator has warned. The Fin
Cradle-to-grave home plan
The Turnbull government will pursue a “cradle-to-grave” housing affordability package in the budget likely to include a mutual obligation superannuation plan for first-home buyers, tax breaks for downsizing the family home in retirement and a social housing plan to alleviate rental stress. The Aus
Troops to fight under shield of $2bn missile protection system
A $2 billion state-of-the-art missile protection system will be deployed to protect Australian soldiers fighting overseas as part of the Turnbull government’s boost in defence spending. The Aus
Fears for future power investment
New investments in electricity and gas networks could be stifled if proposed new restrictions to the ability of energy businesses to appeal the regulator’s pricing rulings go ahead, the Turnbull government has been warned. The Aus
Rottnest Island plagued by admin problems
WA’s new Tourism Minister has flagged legislative changes to fix underlying problems that drive up prices of a holiday on Rottnest Island after a major public sector review of the popular destination. The West
Royalties for Regions to get major shake-up
Alannah MacTiernan has confirmed a major shake-up to the Royalties for Regions scheme, suggesting funds will be “reprioritised” for genuine job and infrastructure programs such as solar power schemes rather than spending on small town recreational centres. The West
McGowan wants law to sack Scaffidi
Premier Mark McGowan may consider legislative changes that would give him the power to sack Lord Mayor Lisa Scaffidi, as the City of Perth faces further controversy over its transparency. The West
Overhaul planned for Hyatt Plaza
A childcare centre, end-of-trip facilities, a supermarket and shops are to be incorporated into the Hyatt Plaza area in the first of a multi-stage overhaul of the site by its owner, Singaporean property developer, investor and hotel owner Tuan Sing Holdings. The West
The Australian Financial Review
Page 1: Prime Minister Malcolm Turnbull has commissioned a top-level inquiry into the economic potential of engaging with India amid growing concerns that efforts to tap into the rapidly developing regional power have stagnated.
Page 2: Increasing tensions between the United States and Russia over Syria in recent days may have many implications but they also have many causes, including the impact of climate change on food and energy security around the world.
Page 3: A bruised NSW Liberal Party emerged from a scrappy round of byelections late on Saturday night favoured to hold two key seats despite swings of up to 25 per cent against it.
Upmarket stationery retailer kikki.K has secured the first workplace deal to factor in reductions to Sunday and public holiday rates, in a decision that will flow on to enterprise agreements.
Page 7: New research finds company taxes exert a heavier burden on the economy than personal income taxes or the GST – confirming Treasury modelling that the Turnbull government has used to bolster the case for company tax cuts.
Page 8: Scott Morrison today will flag plans to encourage super fund investment in housing for lower-income Australians.
Page 13: Australia’s banking model faces a probable break-up as global technology firms enter the local market and the consumers become more empowered, the corporate regulator has warned.
Page 16: Long-term Quintis shareholder Regal Funds Management has raised concerns the sandalwood producer’s former chief executive Frank Wilson could be seeking to take over the company on the cheap, though it is open to takeover offers above $2 a share.
The Australian
Page 1: The Turnbull government will pursue a “cradle-to-grave” housing affordability package in the budget likely to include a mutual obligation superannuation plan for first-home buyers, tax breaks for downsizing the family home in retirement and a social housing plan to alleviate rental stress.
A language guide designed to expose “hidden meanings” behind common expressions such as “boys will be boys”, “she’s a little princess” and “it takes two to tango” is the latest weapon in the multi-million-dollar war on violence against women.
Page 2: Malcolm Turnbull will be asked to seal a $900 million deal to clear the way for the mammoth Adani coal mine in central Queensland during his visit to India that also seeks to inject momentum into a trade deal between two countries.
Page 4: Older Australians are deserting Malcolm Turnbull’s government in a powerful swing that is fuelling the rise of Pauline Hanson’s One Nation, with the federal Coalition suffering a 10 per cent fall in support among voters older than 50 since the last election.
Page 6: A $2 billion state-of-the-art missile protection system will be deployed to protect Australian soldiers fighting overseas as part of the Turnbull government’s boost in defence spending.
Page 17: New investments in electricity and gas networks could be stifled if proposed new restrictions to the ability of energy businesses to appeal the regulator’s pricing rulings go ahead, the Turnbull government has been warned.
Moelis Australia plans to grow its asset management business with the $60 million it raised through its initial public offering and will begin trading on the Australian Securities Exchange today.
Page 18: The world’s biggest listed coalminer, Peabody Energy, says NSW and Queensland remain at the heart of the company’s exposure to growth now that it has emerged from bankruptcy.
Page 19: Despite the prudential regulator’s best efforts in trying to expand the scope of its scrutiny to the shadow non-bank sector, a number of lenders are still escaping any impact from the new rules limiting investor and higher-risk interest-only loans.
The West Australian
Page 1: WA’s new Tourism Minister has flagged legislative changes to fix underlying problems that drive up prices of a holiday on Rottnest Island after a major public sector review of the popular destination.
Page 3: Alannah MacTiernan has confirmed a major shake-up to the Royalties for Regions scheme, suggesting funds will be “reprioritised” for genuine job and infrastructure programs such as solar power schemes rather than spending on small town recreational centres.
Tourism Minister Paul Papalia has moved to ease concerns that proposed relaxations to liquor laws would lead to a “proliferation” of bottle shops and alcohol-fuelled problems.
The Rottnest Island Authority is being forced to spend $300,000 on a fence around its grassed golf course because an explosion in quokka numbers is threatening the island’s fragile ecology.
Federal Treasurer Scott Morrison will today signal Budget efforts to help the supply of public and private rental accommodation, acknowledging potential homebuyers renting for longer is putting upward pressure on rents.
Page 11: Premier Mark McGowan may consider legislative changes that would give him the power to sack Lord Mayor Lisa Scaffidi, as the City of Perth faces further controversy over its transparency.
Page 57: Premier Coal slipped back into the red last year, with its owner cautioning that limited growth opportunities and increased costs pose a challenge to the future of the Collie miner.
A childcare centre, end-of-trip facilities, a supermarket and shops are to be incorporated into the Hyatt Plaza area in the first of a multi-stage overhaul of the site by its owner, Singaporean property developer, investor and hotel owner Tuan Sing Holdings.
Having seen off Brendon Grylls’ threatened tax increase, Rio Tinto has sounded another warning to government about tinkering with resource tax policy.
