Analyst news

• Jobs to go as ABC scraps shops and moves retail online

  22-07-2015 23:08 via abc.net.au
  
  ABC Shops around the country will be closed and staff will lose their jobs as the national broadcaster moves to focus on online sales to cut its bricks-and-mortar costs.
  
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• ABC shops to be 'phased out' and closed

  22-07-2015 23:08 via abc.net.au
  
  ABC Shops around the country will be phased out and closed as the national broadcaster moves to an online retail model.
  
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• Chris Brown stuck in Philippines over concert fraud allegations

  22-07-2015 22:42 via abc.net.au
  
  American hip-hop star Chris Brown is barred from leaving the Philippines after a prominent religious group alleges he reneged on an agreement to perform at a 2014 concert.
  
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• Greece's parliament passes second crucial bailout bill

  22-07-2015 21:15 via abc.net.au
  
  Greece's parliament has passed a second batch of reforms to help unlock a huge new bailout for the country's stricken economy.
  
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• Greece to vote on second bailout bill in new test for Tsipras

  22-07-2015 21:15 via abc.net.au
  
  Greek prime minister Alexis Tsipras faces a new test of his authority in parliament, where politicians are to vote on a second batch of reforms to help unlock a huge new bailout for the country's stricken economy.
  
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• Gerry Harvey dismisses talk GST too costly to collect on overseas purchases

  22-07-2015 17:38
  
  Outspoken retailer Gerry Harvey has dismissed claims that the GST on overseas online purchases will cost more to collect than it raises.
  
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• Perth Barrack Square traders in new push for Elizabeth Quay relief

  22-07-2015 13:30 via abc.net.au
  
  Cash-strapped traders at Perth's Barrack Square lodge a new plea for State Government assistance as Elizabeth Quay construction works continue to strangle their businesses.
  
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• Browse Basin deal hands $2b gas royalties to WA Government

  22-07-2015 10:47 via abc.net.au
  
  The Commonwealth officially signs over ownership of 65 per cent of the largest gas field in the Browse Basin to the WA Government, relinquishing up to $2 billion in royalties.
  
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• Share market snaps six-day winning streak

  22-07-2015 10:04 via abc.net.au
  
  The share market snaps its six-day winning streak in convincing fashion with a 1.6 per cent fall.
  
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• RBA: Australia may need to rethink growth

  22-07-2015 09:12
  
  Better than expected unemployment rates and signs business confidence had picked up suggest Australia may need to rethink the definition of trend growth.
  
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• BGC Contracting announces 125 job losses at SA mine sites

  22-07-2015 06:25 via abc.net.au
  
  Up to 125 jobs will be lost from South Australia's north when civil and mining contractor BGC Contracting scales back production from its Iron Knob and South Middleback Ranges mine sites.
  
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• SA forestry workers face change of employment

  22-07-2015 06:03 via abc.net.au
  
  An overhaul of ForestrySA operations could see more than half the current workforce in South Australia privatised.
  
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• Financial stability a key concern as RBA ponders further rate cuts: Stevens

  22-07-2015 05:16 via abc.net.au
  
  The Reserve Bank governor sets a reasonably high bar for further interest rate cuts, warning that the short-term benefits of cheaper loans must be weighed against their long-term risks.
  
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• Export grant for SA company that missed local defence boots deal

  22-07-2015 04:47 via abc.net.au
  
  Rossi Boots, an Australian boot-maker that missed out on a local Defence deal, has now received a boost from an export support program.
  
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• Tabcorp faces legal action over money laundering rules

  22-07-2015 04:24 via abc.net.au
  
  Wagering company Tabcorp is being taken to court by AUSTRAC, for failing to comply with anti-money laundering and counter-terrorism financing rules.
  
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• Virgin, Jetstar cancel Bali flights due to volcano ash cloud

  22-07-2015 04:01 via abc.net.au
  
  Virgin Australia and Jetstar are once again cancelling flights to and from Bali after conditions are declared unsafe due to a volcanic ash cloud from Mount Ruang.
  
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• Virgin again cancels flights to Bali due to volcano ash cloud

  22-07-2015 04:01 via abc.net.au
  
  Virgin Australia again cancels all flights in and out of Bali's Denpasar airport today, after conditions were declared unsafe for flying due to a volcanic ash cloud from Mt Ruang.
  
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• Inflation edges higher to 1.5pc but remains below RBA target

  22-07-2015 03:34 via abc.net.au
  
  Inflation edges higher, but by less than economists expected, with consumer prices rising only 1.5 per cent over the past financial year.
  
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• BHP Billiton says increased productivity will boost iron output

  22-07-2015 02:59 via abc.net.au
  
  BHP Billiton increases its iron ore output, despite a slump in prices which sees them hovering just above $US50 a tonne.
  
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• ACT only jurisdiction to record drop in standard of living: study

  22-07-2015 01:52 via abc.net.au
  
  The ACT is the only jurisdiction to record a drop in standard of living in a new report released by the University of Canberra, with the average household income falling nearly $700 in the past year.
  
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• Business group calls for GST increase to replace other state taxes

  22-07-2015 01:27 via abc.net.au
  
  The manufacturing industry's chief lobby group wants a range of state and territory taxes abolished as part of a deal on raising the rate of the GST or broadening its base.
  
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• Labor puts forward 50 per cent renewable energy target by 2030

  22-07-2015 01:10 via abc.net.au
  
  Labor draws the battlelines on climate policy ahead of the next election, with plans for a 50 per cent renewable energy target by 2030.
  
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• Wall Street slides on poor IBM results

  22-07-2015 00:56 via abc.net.au
  
  Earnings season takes front of stage as Wall Street falls on a poor result for IBM, while European stocks also slide.
  
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• Gen Ys and Gen Xers live better than baby boomers: NATSEM

  22-07-2015 00:33
  
  Younger generations - that is those aged 18 to 35 - household living standards have grown more strongly than older generations, the SAS and NATSEM latest household budget report shows.
  
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