Good morning, early birds. The National Tertiary Education Union has largely abandoned its proposed National Jobs Protection Framework, and Scott Morrison will reportedly bring ACTU secretary Sally McManus on board a group of business representatives to discuss workplace relations reform. It's the news you need to know, with Chris Woods.
Splashing cash around mightn't be enough to shift public perception after a summer of devastating bushfires.
We're told that all that stands between the world's largest businesses and a massive, job-creating investment splurge is a large pile of post-tax profit. Oh... hang on...
Australian companies are enjoying a bumper reporting season. So where is all the money going? Into investment and wage rises? Yeah, not so much.
Rio Tinto has demonstrated what companies will do with a windfall from company tax handouts: return them to shareholders.
There's a push for new legislation to curtail agents of influence in the political processes, but first it must define who those agents are.
The Brits had a go at Rio Tinto and have already settled. The Americans are now having their go. But in Australia, our corporate regulator is studiously silent.
While they were lecturing Kevin Rudd and Julia Gillard about tax, Rio Tinto was engaged in massive destruction of shareholder wealth. Now the US corporate regulator is gunning for them.
Amid claims of sovereign risk and complaints of uncertainty, it seems some companies are prepared to invest a lot in Australia, Glenn Dyer and Bernard Keane write.