Each morning we post a selection of our favourite news stories from the day’s news. These posts also give you a chance to see how we can summarise news for you.
Original article by Mark Schliebs
The Australian – Page: 1 & 5 : 20-Sep-19
University of Melbourne academic Kylie Moore-Gilbert, who has dual Australian-British citizenship, has been accused of "spying for another country" by Iranian authorities. News of her detention in Iran has only recently been made public, but it is understood she was arrested not long after she completed a course on Shia studies at the University of Religions and Denomination at Qom in Iran in August in 2018, and that she has been held in solitary confinement for about a year. Pictures taken of Moore-Gilbert just before she was arrested were used by the university in promotional materials.
UNIVERSITY OF MELBOURNE
Original article by David Marin-Guzman
The Australian Financial Review – Page: 11 : 20-Sep-19
The Construction, Forestry, Maritime, Mining & Energy Union’s mining and energy division has attacked John Setka’s Victorian construction division over its poaching of members from the CFMMEU’s manufacturing division. The manufacturing division is headed up by Michael O’Connor, who is also the CFMMEU’s national secretary. The relationship between O’Connor and Setka is understood to have become strained over O’Connor’s failure to publicly support Setka, after the ACTU called on Setka to stand down after he was convicted for harassing his wife.
CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA
Original article by Mark Ludlow
The Australian Financial Review – Page: 7 : 20-Sep-19
The federal government’s $5 billion Northern Australian Infrastructure Facility has made a $12.5 million loan to the $45 million First Iron mining project in Western Australia’s Pilbara region. The project, which is being developed by the Australian Aboriginal Mining Corporation, will use the loan to construct new supporting infrastructure for the First Iron mine, which is to supply ore for Fortescue Mining’s Cloudbreak operations. The NAIF has now awarded $1.4 billion in concessional loans to 13 projects in Australia’s north, with the NAIF stating the loans will help create over 4,000 jobs and generate $3 billion in public benefit.
NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY, AUSTRALIAN ABORIGINAL MINING CORPORATION
Original article by Perry Williams
The Australian – Page: 21 : 20-Sep-19
AGL Energy chairman Graeme Hunt has noted the Paris climate accord is one between countries, and not that one that binds companies. He was commenting on a resolution put by activist group Market Forces to its AGM on 19 September that called on AGL to close its coal-fired power stations by 2030, in line with the Paris Agreement to restrict global warming to 1.5C above pre-industrial levels; 30 per cent of AGL shareholders voted in favour of the resolution. AGL stated that the transition away from coal-fired generation needs to be done in an orderly fashion
AGL ENERGY LIMITED – ASX AGL, MARKET FORCES
Original article by Adam Creighton, Michael Roddan
The Australian – Page: 1 & 6 : 20-Sep-19
Federal Treasurer Josh Frydenberg unveiled a budget deficit of $700 million for the 2018-19 financial year on 19 September. Frydenberg noted that the federal government had kept spending under the long-run average of 24.7 per cent of GDP for the second year running, while he said the creation of 300,000 jobs in 2018-19 had meant increased tax collections and reduced welfare expenses. The $700 million deficit was a $14 billion improvement on what had been predicted in May 2018, while a budget surplus is likely for 2019-20 if high commodity prices and strong employment growth continue to boost the government’s tax coffers.
AUSTRALIA. DEPT OF THE TREASURY
Original article by Simon Evans
The Australian Financial Review – Page: 15 : 20-Sep-19
Brickworks released its results for the year ending 31 July on 19 September, with Australia’s biggest brickmaker reporting a net profit of $154.6 million, down 12 per cent. Brickworks’ Australian business recorded EBIT of $57 million, down 27 per cent, while it declared a final dividend of $0.38 per share, up six per cent, with payment of the dividend to be made on 27 November. Brickworks MD Lindsay Partridge says the housing market is starting to improve, while he called for greater regulation and tighter control of poor-quality building products and sub-standard construction practices.
BRICKWORKS LIMITED – ASX BKW
Original article by
cosmosmagazine.com – Page: Online : 7-Aug-19
Researchers from the University of Leeds in the UK have created what they contend is the world’s thinnest unsupported gold. The material is one million times thinner than a human finger nail and regarded as 2D, and the researchers claim it is 10 times more efficient as a catalytic substrate than the currently used gold nanoparticles. They claim the material, which they have dubbed ‘nanoseaweed’ because of its shape and because it appears green in water, could have a wide range of applications in the electronics and medical devices industries. They also state it could be used as a catalyst to accelerate chemical reactions in a range of industrial processes
UNIVERSITY OF LEEDS
Original article by Max Mason
The Australian Financial Review – Page: Online : 20-Sep-19
Former Silverchair frontman Daniel Johns is suing ‘The Sunday Telegraph’ for defamation over an article that appeared in its 11 August edition. The article alleged Johns frequently attended an infamous brothel called The Kastle in the Sydney suburb of Chippendale. Johns, who has commenced proceedings against the newspaper, its editor and the journalist who wrote the story in the Supreme Court of Victoria, says the article is "simply untrue" and that he had not been aware of the brothel’s existence until he saw the story.
Original article by
Market Research Update – Page: Online : 20-Sep-19
The 2019 edition of the Digital Inclusion Index has been released, with the Index looking at the online participation of Australians through three measures – affordability, access and digital ability. The Index is developed and produced by RMIT University’s Digital Ethnography Research Centre and the Centre for Social Impact at Swinburne University in partnership with Telstra and Roy Morgan. The 2019 Index reveals there was marginal improvement in digital ability, and that access continued to improve. The share of total household budgets spent on internet services increased in 2019, while the affordability gap between high and low-income households remains at the same level as in 2014. Affordability is unlikely to improve unless household income rises for those in low-income brackets or a low-cost NBN product becomes available.
RMIT UNIVERSITY, SWINBURNE UNIVERSITY OF TECHNOLOGY, TELSTRA CORPORATION LIMITED – ASX TLS, ROY MORGAN LIMITED
Original article by Ben Wilmot
The Australian – Page: 23 : 20-Sep-19
Goodman Group and Brickworks received approval on 19 September to proceed with development of the Oakdale West estate in western Sydney. The estate, which will be completed over five stages, is located close to under-construction Western Sydney Airport and a number of freeways. Coles has already signed an agreement to move into the Oakdale West estate, and is due to do so in 2023. There is also expectation e-commerce company Amazon will establish a distribution centre there.
GOODMAN GROUP – ASX GMG, BRICKWORKS LIMITED – ASX BKW, COLES GROUP LIMITED – ASX COL, AMAZON.COM INCORPORATED