SBS Korean Progam anslyeses and sums up the top stories featuring today in the Australia's mainstream newspapers.
The Australian
The nation's chief executives are warning that business conditions in 2019 will
be tougher than last year, amid growing fears populist domestic policies risk
worsening the economic impact of global shocks such as Brexit and the US-China
trade dispute.
Clive Palmer's hopes of returning to federal parliament have been dealt a
potentially fatal blow after Pauline Hanson vowed to withhold preferences in the
north Queensland seat he is eyeing.
Liberal Party elder Jeff Kennett is urging long-serving government MPs,
including Julie Bishop and Kevin Andrews, to follow Kelly O'Dwyer's example and
stand down at the next election to make way for fresh talent and help party
renewal.
The Financial Review
China's economy faces its toughest year in more than a decade with some
economists warning true growth will fall as low as 4 per cent as deteriorating
consumer confidence, a slowing manufacturing sector, and Donald Trump's tariffs
take their toll on Australia's biggest trading partner.
The banking royal commission could usher in years of legal warfare with the
banks and largely end the big financial settlements used to police the industry,
officials inside the Australian Securities and Investments Commission believe.
The Sydney Morning Herald
The major parties have embarked on a phoney election campaign, pledging hundreds
of millions of dollars in spending months before the federal poll is even
called. It comes as the Morrison government faces a costly electoral backlash in
Victoria after Kelly O'Dwyer's shock decision to resign.
Labor is considering a sweeping series of election funding reforms that would
have taxpayers shoulder the majority of campaign costs but remove the influence
of big donors from Australian politics.
Three separate investigations led the Department of Defence to the door of Roy
Parkes. A Defence team visited the 95-year-old at his room at Ryde's Thomas
Bowden retirement village to tell him his uncle's body had been identified on a
World War I battlefield a century after his death.
The Age
The Morrison government is facing a costly backlash in Victoria in the wake of
Kelly O'Dwyer's shock decision to leave parliament, as both sides of politics
make hundreds of millions of dollars in spending promises even before the
official start of this year's election campaign.
The ''outstanding'' work of a local police officer who recognised a distinctive
cap and T-shirt from the scene of Aiia Maasarwe's death led to the early arrest
of murder suspect Codey Herrmann. But a massive political glitch could have
jeopardised the initial homicide investigation.
The family of Aiia Maasarwe have called for a permanent memorial to her "big
heart", sense of adventure and, above all, her love. Hundreds of mourners
gathered again outside Polaris shopping centre in Bundoora yesterday to honour
the life of the international student, who was raped and murdered in the early
hours of Wednesday morning.
Labor is eyeing a sweeping series of election funding reforms that could see
taxpayers shoulder the majority of campaign costs but remove the influence of
big donors.
Ashleigh Barty said she had never experienced an atmosphere like it inside Rod
Laver Arena. She'd better get used to it because there is more of the same
coming.
