The Financial Review
Super funds are set to threaten the role of the Australian sharemarket as they
grow larger under the weight of trillions of dollars of funds and move to take
full ownership of companies rather than invest in them through shares.
Premier Gladys Berejiklian has unleashed a spendathon in the final weeks of the
NSW election campaign, funded by the proceeds of the last house price boom and
privatisation program.
Bill Shorten has declared the federal election a referendum on worker pay, so
the Labor leader should have noticed that United States wage growth jumped to a
10-year high on Friday.
The Australian
Hopes of an electoral revival for the Morrison government on the back of a
sharpened campaign against Bill Shorten's border protection credentials and
class-war tax plans have been cruelled, with Labor extending its lead as the
government notches up 50 losing polls in a row.
Gladys Berejiklian has declared "NSW can have it all" as she promised billions
more for schools and hospitals in a campaign launch aimed at countering the
Sydney stadium controversy, which has ignited Labor's hopes of stealing victory
at the March 23 poll.
War criminals and people suspected of committing crimes "of serious
international concern" who are in Australia faced having their Australian visas
cancelled and immediate deportation, the Department of Home Affairs said.
The Sydney Morning Herald
Only one-third of voters say the state's economic outlook makes them more likely
to vote for the Berejiklian government despite the Premier using financial
management as a key selling point in her re-election campaign.
A significant number of commuters continue to fall through gaps between
platforms and trains at Sydney's stations and get stuck in lifts each year,
internal government figures show.
NSW Labor leader Michael Daley has headlined his pitch to voters with new
funding commitments in education, health and water security, as he doubled down
on Labor's opposition to the government's Sydney stadium policy.
The Morrison government has moved to address chronic labour shortages on
Australian farms by allowing foreign farm workers to stay longer in Australia
and access permanent residency.
The Herald Sun
Brawling youths repeatedly clashed in the city at the weekend as violence again
marred Moomba. Police arrested five people and squirted capsicum spray in an
effort to quell the violence.
Farmers struggling with labour shortages will find it easier to take on skilled
foreign workers under a relaxation of visa rules.
Victoria's healthcare safety watchdog is to investigate treatment of children by
chiropractors, as the state pushes for a national ban on such practices.
Fast-food addicts are visiting outlets almost a dozen times a month to get their
fix, research suggests. A survey on our eating preferences has found the number
of people repeatedly loading up on burgers, chips or other speedy meals has
grown.
The Canberra Times
By 2050, Canberra's summers will start in early October and taper off midway
through March unless radical efforts are made to combat the threat of climate
change, the Australian Conservation Foundation has warned.
The cost of building public housing under the ACT government's renewal program
has risen 30 per cent since the program began, costing taxpayers about $20
million more than if costs had been maintained at 2015 levels.
Labor has ramped up its plan to lift the minimum wage, despite industry claims
the election pitch could cost employers $8.7 billion a year. The move has
fuelled talk of laws being put to parliament to force the workplace umpire to
boost pay rates.
