No time to lose in race to supply hydrogen

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 20-Sep-22

McKinsey’s global head of hydrogen Bernd Heid says Australia has the potential to become a major exporter of hydrogen, although he says it has "no time to lose" if it wants to achieve this potential. His comments came as French company Engie become the first firm in Australia to commit to the construction of an ‘industrial-scale’ greeh hydrogen project, while McKinsey is forecasting that hydrogen in all its forms will meet around 22 per cent of global energy demand by 2050, with hydrogen to replace fossil fuels in sectors such as steel and fertilisers.

CORPORATES
McKINSEY AND COMPANY

We are deeply touched: Charles

Original article by Valentine Low
The Australian – Page: 7 : 20-Sep-22

King Charles III says he has been "deeply touched" by all the messages of condolence he and his wife have received since the passing of Queen Elizabeth II. He made his comments in a message of thanks after the UK held a minute’s silence in memory of the Queen, while King Charles and Camilla had earlier hosted world leaders and other official guests at a large reception at Buckingham Palace. US President Joe Biden and his wife Jill visited Westminster Hall to pay their respects, with Biden saying at Lancaster House that the Queen reminded him of his mother.

CORPORATES

Queen Elizabeth laid to rest in St George’s Chapel at Windsor Castle

Original article by Jack Hawke
abc.net.au – Page: Online : 20-Sep-22

Members of the royal family have attend a private burial service for Elizabeth II at Windsor Castle. The Queen has been laid to rest in the Royal Vault in the King George VI Memorial Chapel alongside Prince Philip and her parents, King George VI and the Queen Mother. The private service followed the state funeral at Westminster Abbey, which was attended by more than 2,000 people, including world leaders, ambassadors, royalty and members of the public. Thousands of people had earlier lined the streets of London to watch the funeral procession as the Queen’s coffin was taken on a gun carriage from Westminster Hall to the Abbey. After the funeral the Queen’s coffin was taken to Wellington Arch, where it was placed inside the State Hearse and began its final journey to Windsor Castle. The royal family will now enter seven days of mourning, although the public mourning period has ended.

CORPORATES

ALP voters drive the increase in support for the Monarchy over the last decade

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Sep-22

A special Roy Morgan SMS Poll last week revealed that support for the Monarchy amongst Australians has grown over the last decade, with 60% (up 5% points since November 2012) now saying Australia should remain a Monarchy while only 40% (down 5% points) say Australia should become a Republic with an elected President. A look at these results by voting intention reveals what may be a surprise to some – it is those who vote for the ALP who have driven this increase in support for the Monarchy from a decade ago. Now a clear majority of ALP voters, 58% (up 18% points since November 2012) say that Australia should remain as a Monarchy – a far larger change than by either L-NP voters or Greens voters who appear far more set in their ways. L-NP voters are staunch supporters of the Monarchy, with 68% saying Australia should remain as a Monarchy, although this is down 3% points on November 2012. At the other end of the spectrum it is Greens supporters who are clearly in support of a Republic with only 34% saying that Australia should remain as a Monarchy, up 4% points in a decade. Supporters of Independents and Other Parties – an increasingly large share of the electorate – are also moving more firmly in favour of the Monarchy. Now 72% of these voters say Australia should remain as a Monarchy, an increase of 15% points on November 2012.

CORPORATES
ROY MORGAN LIMITED,{SPAC}MORGAN POLL,{SPAC}AUSTRALIAN LABOR PARTY,{SPAC}LIBERAL PARTY OF AUSTRALIA,{SPAC}NATIONAL PARTY OF AUSTRALIA,{SPAC}AUSTRALIAN GREENS

Facebook pulls out all stops to delay cryptocurrency scam case

Original article by Nick Bonyhady
The Age – Page: Online : 20-Sep-22

Facebook owner Meta is the subject of separate legal action from mining billionaire Andrew Forrest and the Australian Competition & Consumer Commission over cryptocurrency scams. Forrest launched a private criminal case against Meta in February for allegedly failing to stop cryptocurrency investment scams that used his name and image, while the ACCC’s case against Meta allegeds it aided or abetted scammers by hosting their fake ads. Meta’s efforts to supress documents from the ACCC’s case against it have run into problems, but it has made a renewed attempt to delay proceedings in the Federal Court.

CORPORATES
META GROUP INCORPORATED,{SPAC}FACEBOOK AUSTRALIA PTY LTD,{SPAC}AUSTRALIAN COMPETITION AND CONSUMER COMMISSION,{SPAC}FEDERAL COURT OF AUSTRALIA

No time to lose in race to supply hydrogen

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 20-Sep-22

McKinsey’s global head of hydrogen Bernd Heid says Australia has the potential to become a major exporter of hydrogen, although he says it has "no time to lose" if it wants to achieve this potential. His comments came as French company Engie become the first firm in Australia to commit to the construction of an ‘industrial-scale’ greeh hydrogen project, while McKinsey is forecasting that hydrogen in all its forms will meet around 22 per cent of global energy demand by 2050, with hydrogen to replace fossil fuels in sectors such as steel and fertilisers.

CORPORATES
McKINSEY AND COMPANY

We are deeply touched: Charles

Original article by Valentine Low
The Australian – Page: 7 : 20-Sep-22

King Charles III says he has been "deeply touched" by all the messages of condolence he and his wife have received since the passing of Queen Elizabeth II. He made his comments in a message of thanks after the UK held a minute’s silence in memory of the Queen, while King Charles and Camilla had earlier hosted world leaders and other official guests at a large reception at Buckingham Palace. US President Joe Biden and his wife Jill visited Westminster Hall to pay their respects, with Biden saying at Lancaster House that the Queen reminded him of his mother.

CORPORATES

Queen Elizabeth laid to rest in St George’s Chapel at Windsor Castle

Original article by Jack Hawke
abc.net.au – Page: Online : 20-Sep-22

Members of the royal family have attend a private burial service for Elizabeth II at Windsor Castle. The Queen has been laid to rest in the Royal Vault in the King George VI Memorial Chapel alongside Prince Philip and her parents, King George VI and the Queen Mother. The private service followed the state funeral at Westminster Abbey, which was attended by more than 2,000 people, including world leaders, ambassadors, royalty and members of the public. Thousands of people had earlier lined the streets of London to watch the funeral procession as the Queen’s coffin was taken on a gun carriage from Westminster Hall to the Abbey. After the funeral the Queen’s coffin was taken to Wellington Arch, where it was placed inside the State Hearse and began its final journey to Windsor Castle. The royal family will now enter seven days of mourning, although the public mourning period has ended.

CORPORATES

BHP’s monster dividend to lead a record week of returns

Original article by Alex Gluyas
The Australian Financial Review – Page: 15 & 33 : 20-Sep-22

Australian investor will receive more than $18bn worth of dividend payments in coming days. Bell Potter strategist Richard Coppleson says BHP’s $12.5bn final dividend will be the biggest payout on record by an Australian-listed company. Rio Tinto’s local shareholders will in turn receive some $1.4bn worth of dividends. Telstra and Santos are among the other companies that will pay their dividends in coming days, while Fortescue Metals Group will pay $3.7bn worth of dividends next week. Listed companies will pay out a total of $33.5bn in dividends during September, and a further $9.6bn in October.

CORPORATES
BHP GROUP LIMITED – ASX BHP,{SPAC}BELL POTTER SECURITIES LIMITED,{SPAC}RIO TINTO LIMITED – ASX RIO,{SPAC}TELSTRA CORPORATION LIMITED – ASX TLS,{SPAC}SANTOS LIMITED – ASX STO,{SPAC}FORTESCUE METALS GROUP LIMITED – ASX FMG

Myer defies rates gloom, tips big Christmas

Original article by Carrie LaFrenz
The Australian Financial Review – Page: 15 : 16-Sep-22

Department store chain Myer released its latest full-year results on 15 September, announcing an underlying net profit of $60.2 million, up 16.5 per cent. Bottom-line profit rose 5.7 per cent to $49 million, while full-year sales were up 12.5 per cent to $2.99 billion; a final dividend of $0.025 per share was declared, to be paid on 7 November. Myer CEO John King said the company was expecting strong trade over the Christmas period, although he expressed fears about the level of consumer confidence, particularly if the Reserve Bank lifts interest rates again at its October meeting.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, RESERVE BANK OF AUSTRALIA