Australian Newspapers TODAY looks into major national news stories in the mainstream newspapers around the nation.
The Australian
Labor's 45 per cent emissions reduction target would push electricity prices 50
per cent higher, cost workers up to $9000 a year in lower wages and wipe $472
billion from the economy over the next decade, according to the first
independent modelling of both the government's and opposition's energy policies.
Labor frontbencher Richard Marles has declared it would be "a good thing" if the
thermal coal sector collapsed, despite it being the nation's No 1 export
industry, pumping more than $25 billion into the Australian economy last year.
The Financial Review
Australia's biggest coal producer, Glencore, has bowed to pressure from the
global anti-coal lobby and will cap coal production at 2019 levels in what is
arguably the most significant and unlikely victory yet for the global and local
anti-coal movement.
Labor has backed away from its initial support for the crackdown on mortgage
brokers as recommended by the banking royal commission, and has prepared
compromise options to spare the borrower paying upfront fees.
Analysts have debunked claims by senior Labor frontbencher Richard Marles that
the global thermal coal market had "collapsed", as the ALP continues to split
over Adani's controversial $2 billion mine in central Queensland.
The Daily Telegraph
Australia's largest coal producer Glencore has buckled under pressure from
environmental campaigners and announced it will cap its coal production at
current levels and abandon the pursuit of large mine acquisitions.
Legal advice to Attorney-General Christian Porter has revealed Labor's medevac
law to bring boat people to Australia contains a loophole that means the
government has no power to return them to Manus Island or Nauru.
The Age
A cybercrime syndicate has hacked and scrambled the medical files of about
15,000 patients from a specialist cardiology unit at Cabrini Hospital and
demanded a ransom.
The Morrison government could face dozens of expensive legal cases as a result
of its plans to transfer sick refugees and asylum seekers to Christmas Island
instead of the Australian mainland, with lawyers and advocates confirming they
are prepared to launch court action.
Labor is considering whether to sack the Australian ambassador to the United
States, Joe Hockey, if it wins power at the federal election and pending the
outcome of an investigation into the ties between senior Liberals, travel
company Helloworld and lucrative government contracts.
Federal Labor has almost doubled campaign election spending in Victoria and
added three Liberal heartland electorates to its hitlist, following polling
indicating the state could be the linchpin of a Labor election victory.
