Author: roymorgansocial

No policy and extreme right views will cost Dutton: Labor

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Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 17-Sep-24

Labor MPs are hopeful that the Coalition’s lack of policies will see voters look more favourably upon the federal government in the lead-up to the next election. With opinion polls continuing to suggest the election result will be very tight, and the possibility of a Coalition minority government not being ruled out, Tim Ayres, who is an assistant minister in the federal government, claims voters will be reluctant to vote for the Coalition because of what he claims are the extreme views of Opposition leader Peter Dutton.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA

Kelty blasts Labor failure on economy

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Original article by Jennifer Hewett
The Australian Financial Review – Page: 1 & 2 : 17-Sep-24

Former ACTU secretary Bill Kelty says that while the federal government has delivered some good policies in its first term of office, it lacks any plan to revive Australia’s moribund economy. Some of the areas that Kelty suggests that the government needs to take action to stimulate the economy include a revision of bank lending rules and a major shake-up of the tax system. Kelty recently told a meeting of Melbourne business leaders that Paul Keating was correct when he said the government needs a greater dose of imagination, while he has also proposed a new model of enterprise bargaining that includes guaranteed jobs in every industry in which there is a shortage.

CORPORATES
ACTU

Bunnings boss rejects gouging claim

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Original article by James Thomson, Tom McIlroy
The Australian Financial Review – Page: 16 : 17-Sep-24

National Party senator Ross Cadell has reiterated his view that the pricing policies of so-called ‘big-box’ retailers such as Bunnings should be scrutinised by a parliamentary inquiry. However, Bunnings MD Mike Schneider has responded to suggestions that the hardware giant may have engaged in price gouging and abused its market power. He notes the company’s long-running ‘lowest prices are just the beginning’ advertising slogan, arguing that Bunnings puts a lot of work and capital into ensuring that it lives up to this claim.

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BUNNINGS GROUP LIMITED, NATIONAL PARTY OF AUSTRALIA

Federal voting intention virtually unchanged this week with ALP (50.5%) marginally ahead of the Coalition (49.5%); but Greens lost support after violent protests

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Sep-24

The latest Roy Morgan survey shows that if a Federal Election were held now the result would be ‘too close to call’, with the ALP on 50.5% (down 0.5%) just ahead of the Coalition on 49.5% (up 0.5%) on a two-party preferred basis. There was a slight movement to the Coalition on a two-party preferred result this week; however, either the ALP or Coalition would require the support of minor parties and independents to form a minority government. The result again shows the importance of preference flows to determine the overall two-party preferred result. The primary vote of both major parties was up this week – mainly at the expense of the Greens. The ALP’s primary vote increased 0.5% to 30.5% while Coalition support increased 1% to 37.5%. Support for the Greens dropped 2% to 12.5%, while One Nation was down 0.5% at 5.5%. Support for Other Parties increased 0.5% to 4%, and support for Independents was up 0.5% to 10%.

CORPORATES
ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

‘Cover up’: Review’s explosive findings on Andrews’ crash with cyclist

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Original article by Michael Warner
Herald Sun – Page: Online : 17-Sep-24

Former Victorian premier Daniel Andrews is under renewed scrutiny over a collision between his family’s car and a young cyclist in 2013. An expert review of the incident by Dr Raymond Shuey has been released; he was state’s former Assistant Commissioner for Traffic and Operations. The report has concluded that Andrews’ vehicle had been "travelling at speed" and on the wrong side of the road when the collision occured. Shuey also found that the Victoria Police investigation that supported Andrews’ version of the incident was "deeply flawed" and "contrary to the available evidence", while he contends that the police had engaged in an "overt cover-up" to protect Andrews, who was Opposition leader at the time.

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VICTORIA POLICE

Whistleblower’s fresh claims on CFMEU’s missing $30m

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Original article by Simon Benson
The Australian – Page: 5 : 17-Sep-24

Prime Minister Anthony Albanese is continuing to attract scrutiny over revelations that a CFMEU whistleblower had warned him in 2014 that the union had links to organised crime. Shadow employment minister Michaelia Cash has urged Albanese to disclose what action he had taken in response to the claims made by former CFMEU official Andrew Quirk a decade ago. Cash adds that Albanese should explain why Labor continued to accept donations from the CFMEU despite being aware of its criminal connections. It has also emerged that Quirk and a fellow whistleblower had raised concerns about the whereabouts of $30m from the sale of the CFMEU’s headquarters in NSW.

CORPORATES
CONSTRUCTION, FORESTRY AND MARITIME EMPLOYEES UNION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Trump attack: fury directed at Secret Service

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Original article by Adam Creighton
The Australian – Page: 1 & 8 : 17-Sep-24

The US Secret Service has come under criticism from Republicans after Ryan Wesley Routh got close enough to Donald Trump to threaten his life, just nine weeks after Trump’s ear was grazed by an assassin’s bullet in Pennsylvania. Routh was detained by authorities after allegedly seeking to shoot the former president while he was playing golf at his private golf course in West Palm Beach, Florida, while Trump says the attempted assassination would not deter his efforts to return to the White House. Democrat rival Kamala Harris said she was "deeply disturbed" by the attempted assassination, while President Joe Biden said he was "relieved that the former president is unharmed".

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UNITED STATES. SECRET SERVICE, DEMOCRATIC PARTY (UNITED STATES)

CBA trials AI to replace local call centre staff

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Original article by Paul Smith
The Australian Financial Review – Page: 16 : 17-Sep-24

The Commonwealth Bank is trialling a ChatGPT-style platform called Hey CommBank, with a view to use it to potentially replace thousands of local call centre staff. CBA chief data and analytics officer Andrew McMullan says he expects there will come a time when its customers have become so used to using ChatGPT-style services that it will become the way that they interact with the bank, while Finance Sector Union assistant secretary Nicole McPherson has labelled the CBA’s plans to replace local call centre staff with its Hey CommBank platform as "disrespectful and tricky".

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COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, FINANCE SECTOR UNION

The future of the Murdoch empire comes down to a court in Nevada

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Original article by Jim Rutenberg
The Sydney Morning Herald – Page: Online : 17-Sep-24

Edmund Gorman Jr is about to decide the future of the Murdoch family’s media empire in a courthouse in Reno in Nevada, with Gorman being a county probate commissioner. Gorman is expected to hear testimony from Rupert Murdoch and his four eldest children, with Murdoch seeking to change the terms of a ‘irrevocable’ family trust he agreed to some two decades ago. The trust gives Lachlan Murdoch and his three other siblings listed in the trust equal say over the controlling shares of the family’s companies after Rupert Murdoch’s death, but Rupert Murdoch wants Lachlan Murdoch to get full control of them.

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Northern Minerals looks beyond China saga with $48m raising

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Original article by Adrian Rauso
The West Australian – Page: Online : 17-Sep-24

Northern Minerals has raised $43m from new and existing investors via a share placement, and it will seek to raise an additional $5m via a share purchase plan. Northern Minerals has indicated that it has sufficient cash to complete the definitive feasibility study for its Browns Range heavy rare earths project in Western Australia. The company aims to make a final investment decision on the project in the first half of 2025. China dominates the heavy rare earths sector, and Northern Minerals recently attracted scrutiny after the federal government ordered several investors with links to China to reduce their stakes in the company.

CORPORATES
NORTHERN MINERALS LIMITED – ASX NTU