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Jun 15, 2009

NSW Labor and old fashioned protectionism

The best of the morning's media.

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THE PICK OF THE MORNING’S STORIES

090615dailytelechinaNSW to buy Aussie-made products to save jobs – Almost $4 billion worth of government goods and services will have to be sourced from Australian companies first in a ban on “made in China” products which is to be imposed in tomorrow’s State Budget – Sydney Daily Telegraph

090615independentRobert Fisk: Iran erupts as voters back ‘the Democrator‘ – The Independent, UK

POLITICS AND ECONOMICS

Australia

Budgets

090615dailytelewebsite

NSW to buy Aussie-made products to save jobsSydney Daily Telegraph

Rees sends the state spiralling into red – the Sydney Morning Herald previews the NSW Budget

Cash crux hits NSW budget for $1.7bnThe Australian

Salesman got a good night’s rest – the Sydney Morning Herald discovers first details of the lavish accommodation that the state Finance Minister, Joe Tripodi, enjoyed on his $300,000 world tour to peddle the state’s electricity assets as doubt emerged that overseas buyers are willing to buy the assets.

Ratepayers to feel sting of Queensland State BudgetBrisbane Courier Mail

Never say never: bosses urge GST hike – the Business Council wants company tax reduced and GST increased – The Australian

Interest rates

RBA may be forced to cut rates againThe Australian

Bank snubs Rudd and raises rates – again Sydney Morning Herald gives re-run to the Commonwealth Bank decision

For home loan rates, the only way is upSydney Morning Herald

More banks to copy Commonwealth Bank and rise interest rates Sydney Daily Telegraph

Rate lift: cycle has bottomed – Melbourne Age

Other economic matters

Auction rates buoy economyMelbourne Age

House prices ‘ready to rise’The Australian

Australian house prices to rise by up to 20 per cent – Sydney Daily Telegraph

Stimulus money will save billions, Treasury saysSydney Morning Herald

Political games

Deputy PM Julia Gillard tipped for main jobAdelaide Advertiser

Brumby clarion call on branch stackingMelbourne Age

Labor lays energy trap for OppositionSydney Morning Herald says legislation creating a renewable energy target will be rushed into Parliament by the Federal Government as soon as today in an effort to pressure the Opposition into declaring its hand on climate change.

Turnbull under pressure on alcopops taxMelbourne Age

Public service

Rees’ super departments mirror Queensland planSydney Daily Telegraph

Emissions trading

Emissions scheme set for defeat, say Greens – Melbourne Age

Industrial relations

Don’t treat workers like criminals: Labor senatorMelbourne Age

Rudd to face IR mutiny – The Australian

090615advertiser

Surge in building site standover tactics – Adelaide Advertiser

Health

Tough times force delay to Queensland Sunshine Coast hospitalBrisbane Courier Mail

Aboriginal affairs

Macklin endorses income quarantiningThe Australian

Foreign affairs

Faulkner wants limited Afghan roleSydney Morning Herald

Australia’s $350K blood money to the victims of warSydney Daily Telegraph

Gillard’s Israel trip rankles party MPsSydney Morning Herald

Opinion

No rush now for that dignity fix – Phillip Coorey in the Sydney Morning Herald finds Kevin Rudd in no hurry to honor his promise to legislate for four year fixed term parliaments

A ‘light on the hill’ for our future tax reformers – The Henry review will be a blueprint for long-term tax reform, not a quick tax fix says Ross Gittins in the Sydney Morning Herald

We cannot go on living like this – Peter Doherty argues in the Melbourne Age that humanity has pillaged the planet, but Australia can use its abundant natural resources to forge a new way.

Not debt size, but how it’s used, is crucial – Kenneth Davidson in the Melbourne Age on an OECD report that urges governments and business to limit cuts in spending on R&D and innovation and take a long-term view.

Ignoring the factional elephants in the room – Glenn Milne in The Australian on the reshuffle that was “an immaculate factional conception”.

Climate change plan may well evaporate – writes Malcolm Farr in the Sydney Daily Telegraph

Unfair super system needs overhaul – argues Julian Disney in the Sydney Morning Herald

Elsewhere

Elections

090615latimesiranIran election anger boils; Ahmadinejad defends results – Protesters who claim the vote was rigged clash with police for a second day. The government denies that two of the president’s challengers are under house arrest – Los Angeles Times

Mahmoud Ahmadinejad ‘takes back Tehran’ with hardliners, as police resort to beatings – London Times

Opinion

Iran’s Crossroads – Nicholas Kristof writes on the New York Times website that it’s impossible to be sure, but Ahmadinejad’s victory looks extraordinarily suspicious. If he won by that margin, he would be the most popular Iranian president ever – which he certainly isn’t. And it seems exceptionally unlikely that he won in Moussavi’s hometown, as the government claims. That’s the problem with dictators – they don’t just try to steal a squeaker of an election, they try to steal a landslide. In the process they lose plausibility and legitimacy.

BUSINESS

UBS throws Asciano’s board a $2bn lifelineThe Australian

Three likely new rivals to challenge ASXThe Australian

Business Council baulks at tax cuts – the Business Council of Australia has broken ranks with other business bodies declaring in its submission to the Henry review that it sees no compelling case at present for cutting personal income tax rates further – Sydney Morning Herald

ENVIRONMENT

090615lzatimeswheat

A ‘time bomb’ for world wheat cropLos Angeles Times

Swedes set tough terms for Tasmanian pulp mill – Sydney Morning Herald

090615heraldsun

Police investigate green group’s letter to Hazelwood boss – Melbourne Herald Sun

MEDIA

A.P. in Deal to Deliver Nonprofits’ Journalism – Four nonprofit groups devoted to investigative journalism will have their work distributed by The Associated Press, The A.P. will announce on Saturday, greatly expanding their potential audience and helping newspapers fill the gap left by their own shrinking resources – New York Times

Media giants fight to survive – APN News and Media’s key shareholder, Independent News & Media, and Network Ten’s majority owner, CanWest, have continued rescue talks with their lenders to find a way out of their debt woes reports the Sydney Morning Herald while creditor deadlines expire this week and next.

Web key to newspapers’ survival – writes Mark Day in The Australian

Labor’s man behind Kevin 07 steps downThe Australian

Chastened Chaser feels the blast of indignation – writes Errol Simper in The Australian

Packer wobbled on whether to run Keating piggery storyThe Australian records a little 60 Minutes history as John Westacott prepares to retire from Nine

LIFE

Swine flu

090615ageOne-third of Victorians may have fluMelbourne Age

Swine flu – the story so far – Nearly 30,000 people have been infected with the virus in 74 countries and officially killed 145 – Melbourne Age

Swine flu alert level raised, more quarantined as virus spreadsSydney Daily Telegraph

One in three could have swine fluSydney Morning Herald

Education

Further education pathway stagnates – the proportion of year 12 graduates who undertake further education or training has remained unchanged over the past two years, and is markedly lower than 2005 levels – despite a concerted effort to improve paths for people who complete school reports the Melbourne Age

Sport

One more grunt and you’re out: Wimbledon to crack down after complaintsThe London Times

Audacious Soccer World Cup bid launchedMelbourne Age

Diet

Health nazis losing obesity war as pies return to school canteensSydney Daily Telegraph

Gambling

Exclusion burden hurts pokie addictsMelbourne Age

Homelessness

Homelessness rises in regional areas Sydney Morning Herald

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