Analyst news

• Greece 'seeking a new loan' from the IMF in step closer to bailout

  24-07-2015 23:28 via abc.net.au
  
  Debt-crippled Greece takes a step closer to a huge third international bailout by formally requesting IMF help, as sources say "logistical problems" are delaying the start of talks in Athens.
  
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• Fiat Chrysler recalls 1.4 million vehicles in US to prevent hacking

  24-07-2015 21:42 via abc.net.au
  
  Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal officials say is the first such action of its kind.
  
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• Brandis dismisses concerns of telcos over proposed security laws

  24-07-2015 16:15 via abc.net.au
  
  Attorney-General George Brandis dismisses concerns raised by telecommunications companies about the Coalition's latest national security proposal, which would give the Government the power to direct telcos' actions and compel them to hand over documents.
  
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• Australia risks losing AAA ranking, Standard & Poor's warns

  24-07-2015 12:47 via abc.net.au
  
  One of the world's biggest credit ratings agencies warns that Australia risks losing its top investment ranking if the budget deficit does not improve.
  
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• Losses mount from Fremantle travel agency amid more complaints

  24-07-2015 11:27 via abc.net.au
  
  More than 100 people are now claiming to have lost a total of about $340,000 after the apparent closure of Fremantle travel agency Sky Air Services.
  
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• Ai Group raises concerns over China free trade agreement

  24-07-2015 11:24 via abc.net.au
  
  A major industry group joins a chorus of criticism over the details of Australia's free trade agreement with China, voicing concern about the lack of transparency in the trade negotiations.
  
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• SA nuclear commission takes overseas experiences on board

  24-07-2015 11:10 via abc.net.au
  
  South Australia's nuclear royal commissioner Kevin Scarce is "nowhere near" making a recommendation to government on the potential for an expanded industry in the state after a research trip to Asia, Europe, the United States and Canada.
  
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• Resources, finance losses weigh on Australian share market

  24-07-2015 10:27 via abc.net.au
  
  Falling commodity prices and the threat of a downgrade to Australia's credit rating weigh on the share market, causing considerable losses across both the resources and financial sectors.
  
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• Government-owned showgrounds undercutting Alice Springs caravan parks: owners

  24-07-2015 08:15 via abc.net.au
  
  Caravan parks in Alice Springs accuse the town's government-owned showgrounds of undercutting them in the grey nomad market, by offering dog-friendly sites at half the price of commercial sites.
  
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• Affordable housing towers planned near train stations in Perth

  24-07-2015 06:38 via abc.net.au
  
  The WA Government will seek expressions of interest for five affordable housing developments close to major rail stations on state-owned land by the end of the year.
  
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• Oil and gas company aborts Mid West fracking plan

  24-07-2015 06:19 via abc.net.au
  
  Oil and gas company AWE abandons plans to hydraulically frack for gas in Western Australia's Mid West.
  
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• Unfinished Jackson tracks to be released 'every six months'

  24-07-2015 06:03 via abc.net.au
  
  Michael Jackson recorded 20 unfinished tracks, but no-one is allowed to hear them — for now.
  
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• Australian dollar falls below 73 US cents on weak China factory data

  24-07-2015 05:55 via abc.net.au
  
  A widely-watched private survey shows Chinese manufacturing contracting at the fastest pace in 15 months, pushing Australia's dollar and stock market lower in response.
  
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• Upside-down weirs Forrest's secret weapon to drought-proof Australia

  24-07-2015 05:11 via abc.net.au
  
  Mining boss Andrew Forrest says Australia should shift its focus from building dams to utilising the country's vast reserves of underground water to help farmers survive in times of drought.
  
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• Twiggy's secret weapon to drought-proof Australia

  24-07-2015 05:11 via abc.net.au
  
  Mining boss Andrew Forrest says Australia should shift its focus from building dams to utilising the country's vast reserves of underground water to help farmers survive in times of drought.
  
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• SA expects new bill for Royal Adelaide Hospital building site contamination clean-up

  24-07-2015 04:49 via abc.net.au
  
  The SA Government expects to receive another compensation claim for the removal of contaminated waste from the new Royal Adelaide Hospital building site.
  
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• Tasmanian households face 30pc gas price hike, consultant says

  24-07-2015 04:27 via abc.net.au
  
  Wholesale gas prices in Tasmania could almost double within three years, with domestic users facing a retail price hike of about 30 per cent, an energy consultant says.
  
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• Commonwealth Bank raises interest rates for property investors

  24-07-2015 04:12 via abc.net.au
  
  CBA follows ANZ by lifting interest rates for property investors, as the major banks move to comply with APRA's limits on investor lending growth.
  
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• GST threshold for overseas online shopping could fall to $20

  24-07-2015 02:01 via abc.net.au
  
  A threshold as low as $20 is being contemplated as the point where the goods and services tax could soon apply to online purchases.
  
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• Why RBA has switched focus from $A to growth and reform

  24-07-2015 01:31
  
  RBA governor Glenn Stevens has now switched focus from the Australian dollar's value to more pressing matters.
  
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• Mount Gambier MP 'doubtful' forestry management deal is about jobs

  24-07-2015 00:52 via abc.net.au
  
  A local MP is doubtful the South Australian Government's decision to privatise the management of its south-east plantation forests is based on job security.
  
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• Japan's Nikkei buys Financial Times newspaper in $1.8b deal

  24-07-2015 00:49 via abc.net.au
  
  British publisher Pearson agrees to sell flagship newspaper the Financial Times to Japanese digital media group Nikkei in a $1.8 billion deal that brings together two leading financial news operations from Europe and Asia.
  
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• NAB flags $25m refund to 62,000 customers

  24-07-2015 00:45
  
  National Australia Bank is repaying 62,000 wealth customers a total of $25 million after internal errors meant clients were not paid all the money they were owed.
  
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