Good news for Rupert Murdoch’s empire

Original article by John Kehoe
The Australian Financial Review – Page: 17 : 18-Nov-16

Rupert Murdoch’s News Corporation and 21st Century Fox will benefit from plans by president-elect Donald Trump to reduce the US corporate tax rate from 35 per cent to 15 per cent. Trump’s vow to block the proposed merger of telco AT&T and media giant Time Warner will also be welcomed by Murdoch, who made an aborted takeover bid for the latter in 2014. Likewise, Trump’s election win has ensured that he will not establish a TV network that would target a similar audience to Murdoch’s Fox News.

CORPORATES
NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, AT&T CORPORATION, TIME WARNER INCORPORATED, FOX NEWS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES), DEMOCRATIC PARTY (UNITED STATES)

Turnbull reaffirms Paris accord

Original article by Sarah Martin
The Australian – Page: 4 : 11-Nov-16

The Australian Government will not change its commitment to the Paris Agreement on climate change. US President-elect Donald Trump signalled his willingness to withdraw from the Paris Agreement, but Prime Minister Malcolm Turnbull said Australia will continue to pursue its action on global warming. Foreign Minister Julie Bishop and Energy Minister Josh Frydenberg will participate in a global meeting in Morocco in mid-November 2016.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, BUSINESS COUNCIL OF AUSTRALIA

TPP deal ‘doomed’ as US set to retreat

Original article by Joe Kelly
The Australian – Page: 16 : 10-Nov-16

Australia’s former foreign minister Bob Carr does not expect the Trans-Pacific Partnership to proceed under US President Donald Trump. He adds that Congress is unlikely to ratify the 12-nation trade deal during the final months of Barack Obama’s presidency, while Trump could potentially also abandon some existing international treaties. Meanwhile, Foreign Minister Julie Bishop is optimistic that the Obama administration will ratify the TPP, although she notes that the Regional Comprehensive Economic Partnership is being negotiated in Asia and would provide an alternative to the TPP.

CORPORATES
TRANS-PACIFIC PARTNERSHIP, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS