Coronavirus: foreign arrivals from mainland China will not be allowed into Australia, Scott Morrison says

Original article by
The Guardian Australia – Page: Online : 3-Feb-20

The federal government has raised its travel advice warning for mainland China to level four, recommending that Australians should not travel to the country due to the coronavirus outbreak. The government has also announced that it will not allow anybody travelling from China to enter Australia unless they are Australian citizens or permanent residents. Meanwhile, Qantas will suspend all direct flights to mainland China from 9 February until 29 March, while the Trump administration will temporarily ban entry to the US by any foreign national who has travelled to China in the last 14 days.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, QANTAS AIRWAYS LIMITED – ASX QAN

UK open for quick trade talks

Original article by Geoff Chambers, Richard Ferguson
The Australian – Page: 1 & 4 : 31-Jan-20

Britain is set to formally exit the European Union on 31 January, after the European Parliament approved the Brexit deal. Australia’s Trade Minister Simon Birmingham is optimistic that a free-trade agreement with the UK can be finalised by the start of 2021, when the 11-month Brexit transition period ends; he notes that the two nations have already struck some deals that will take effect at that time. Former trade minister Andrew Robb says ensuring that Australian farmers have better access to the British market will be crucial to a trade deal.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Agent of interference: How Labor’s top lawyer steered bureaucrats against ex-PM

Original article by Joe Kelly
The Australian – Page: 1 & 4 : 31-Jan-20

Andrew Cooper, the Australian organiser of the 2019 Conservative Political Action Conference, was asked to register under the federal government’s Foreign Influence Transparency Scheme. The request was made by the Attorney General’s Department. According to documents released under freedom of information laws, Labor frontbencher Mark Dreyfus encouraged department officials to investigate whether the CPAC would trigger registration requirements under the scheme at a meeting in July. The Department also asked former prime minister Tony Abbott to register under the scheme as he was to speak at the event; both Cooper and Abbott rejected the requests. A spokesperson for Dreyfus says the opposition cannot tell public servants to do anything.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIAN LABOR PARTY

PM strikes $2b gas deal with NSW

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 31-Jan-20

Prime Minister Scott Morrison and New South Wales Premier Gladys Berejiklian will release details of a $2 billion energy deal on 31 January. Under the agreement, NSW must find an extra 70 petajoules of gas per year for the east coast market, in return for the federal government underwriting new non-coal power generation, constructing new interconnectors and making funding available for carbon emissions reduction projects. The most likely way in which the NSW government will make available the extra 70 petajoules of gas is by approving Santos’s Narrabri coal seam gas project.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, SANTOS LIMITED – ASX STO

Pressure grows on Premier to act on CityLink tolling threat

Original article by Timna Jacks, Benjamin Preiss
The Age – Page: Online : 31-Jan-20

Victorian Premier Daniel Andrews says he could re-examine Transurban’s City Link tolling deal as a result of the West Gate Tunnel dispute. Project builders CPB Contractors and John Holland have threatened to walk away from the project if Transurban does not come up with more money to deal with contaminated soil. As part of the funding agreement for the project, Andrews agreed that tolling for CityLink would be extended for a further 10 years to 2045, with tolls to rise by 4.25 per cent each year.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, TRANSURBAN GROUP LIMITED – ASX TCL, CPB CONTRACTORS PTY LTD, JOHN HOLLAND PTY LTD

Virus evac deal with Beijing close

Original article by Charlie Peel, Richard Ferguson
The Australian – Page: 1 & 6 : 31-Jan-20

The federal government is believed to be close to securing a deal with its Chinese counterpart to evacuate Australian citizens from Wuhan. The government intends to place evacuees in quarantine on Christmas Island for 14 days and require them to pay up to $1,000 for their flight. Home Affairs Minister Peter Dutton says it is ‘normal procedure’ for evacuees to pay their costs. Meanwhile, a ninth case of the coronavirus has been confirmed in Australia; the virus has now claimed 170 lives and infected more than 7,700 people globally.

CORPORATES
AUSTRALIA. DEPT OF HOME AFFAIRS

Rate cut chances tumble on inflation rise

Original article by Adam Creighton
The Australian – Page: 2 : 30-Jan-20

Official data shows that headline inflation rose 0.7 per cent in the December quarter, compared with 0.5 per cent in the three months to September. The annual inflation rate rose to 1.8 per cent. Factors such as higher prices for fruit, meat and petrol contributed to the increase in the inflation rate. Ben Udy of Capital Economics says the CPI data should ensure that the Reserve Bank of Australia leaves the cash rate on hold in February. The central bank expects core inflation to rise to 1.8 per cent by the end of 2020.

CORPORATES
CAPITAL ECONOMICS LIMITED, RESERVE BANK OF AUSTRALIA, AUSTRALIAN BUREAU OF STATISTICS

PM stays course on coal, climate

Original article by Geoff Chambers, Greg Brown
The Australian – Page: 1 & 6 : 30-Jan-20

Prime Minister Scott Morrison has used a National Press Club speech to reiterate the federal government’s commitment to its 2030 target for reducing carbon emissions by 26-28 per cent. He noted that the Paris Agreement allows developing countries to continue increasing their carbon emissions, and stressed the need to address the ‘climate gap’ between nations. Morrison also defended Australia’s coal export trade, arguing that if it is shut down coal buyers will merely seek alternative sources of coal that may be of lower quality.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL PRESS CLUB (AUSTRALIA)

From virus city to island refuge

Original article by Richard Ferguson, Robyn Ironside
The Australian – Page: 1 & 7 : 30-Jan-20

The federal government has requested permission from its Chinese counterpart to evacuate Australian citizens from Wuhan. Prime Minister Scott Morrison has stressed that only one chartered flight from Australia may be permitted to land in Wuhan, while he has defended the government over criticism of its slow response to repatriating citizens who are in the quarantined city. The government intends to place evacuees in quarantine on Christmas Island for up to 14 days. Seven cases of the coronavirus has now been confirmed in Australia; more than 6,000 people worldwide have contracted the virus, which has claimed 132 lives to date.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Price expectations much higher for Young Parents than Young Couples with no children

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Jan-20

Australians as a whole expect prices to increase by 4% annually over the next two years, according to Roy Morgan surveys conducted in December. This is a slight increase of 0.1% on expectations in November, but down 0.2% on a year ago. Comparing price expectations by Household Life-Cycle shows that Young Parents expect prices to increase by 4.5% annually over the next two years – higher expectations than that of any other household type. In contrast, Young Couples who have no children expect price increases of only 3.3% per year. Most Household Life-Cycle segments cluster in the middle between these two, around the national average of 4%. Mid-Life Families (4.1%) and Young Singles (4.1%) are slightly higher, Older Households (4%) are right on the national average and Mid-Life Households (3.9%) are slightly below it.

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ROY MORGAN LIMITED