Analyst news

• Singapore evolving to keep up with informed electorate: Singaporean High Commissioner

  07-08-2015 15:56 via abc.net.au
  
  Singapore's High Commissioner to Australia Burhan Gafoor says the country is transforming itself to tackle economic headwinds and keep up with a more informed electorate.
  
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• Crippling two-day rail strike looms in Melbourne

  07-08-2015 10:24 via abc.net.au
  
  Melbourne's rail network could be crippled by two-day strikes, as public transport workers vote to take industrial action against Metro Trains.
  
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• $38b share market slide led by major bank slump

  07-08-2015 09:22 via abc.net.au
  
  ANZ's worst one-day share plunge since the global financial crisis leads a 2.4 per cent drop in the benchmark ASX 200 index.
  
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• Rio Tinto CEO says coal will continue as backbone to energy industry

  07-08-2015 06:24 via abc.net.au
  
  Speaking after the announcement that first-half profits had plunged 80 per cent, Rio Tinto's chief executive Sam Walsh says coal will continue to provide the foundation for energy production for many years.
  
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• Braddon residents group claim suburb is being neglected in inner city improvement

  07-08-2015 06:15 via abc.net.au
  
  Residents and business owners in the bustling Canberra suburb of Braddon are disgruntled a business levy paid by local property owners is not being spent in the popular cafe precinct.
  
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• Blocking Adani mine approval 'dangerous' for Australia, 'tragic' for world: PM

  07-08-2015 04:29 via abc.net.au
  
  Tony Abbott says he is "frustrated" at the decision to overturn the approval of Adani's Carmichael mine and declares it will be "tragic for the world" if the project does not go ahead.
  
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• Blocking Adani mine approval 'dangerous' for Australia: PM

  07-08-2015 04:29 via abc.net.au
  
  Tony Abbott says he is "frustrated" at the decision to overturn the approval of Adani's Carmichael mine and declares it will be "tragic for the world" if the project does not go ahead.
  
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• Ta Ann's $16m Smithton veneer mill opens with promise of 120 jobs

  07-08-2015 04:14 via abc.net.au
  
  A new plywood mill in Tasmania's north-west is expected to generate $26 million in its first year of operation and eventually employ up to 120 people.
  
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• Ta Ann's $16m Smithton plywood mill opens with promise of 120 jobs

  07-08-2015 04:14 via abc.net.au
  
  A new plywood mill in Tasmania's north-west is expected to generate $26 million in its first year of operation and eventually employ up to 120 people.
  
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• Orica's $1.65 billion write-down a 'disappointing but decisive action': CEO

  07-08-2015 04:06 via abc.net.au
  
  The world's largest explosives maker announces a massive $1.65 billion write-down in the value of its assets as it deals with crumbling fortunes in mining and a global oversupply of ammonium nitrate.
  
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• Payday lender review to probe interest rates: Frydenberg

  07-08-2015 03:59 via abc.net.au
  
  The payday lending industry is about to come under more scrutiny, with the Government announcing a regulatory review today.
  
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• Reserve Bank calls peak in unemployment

  07-08-2015 03:58 via abc.net.au
  
  The Reserve Bank cuts its unemployment forecasts, expecting lower population growth to keep the jobless rate steady just above 6 per cent.
  
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• Indonesian economic growth continues decline dropping to 2009 levels

  07-08-2015 03:54 via abc.net.au
  
  The Indonesian economy has logged another quarter of growth below 5 per cent, underscoring the difficulty facing a new president who had pledged to boost economic activity and jobs in South-East Asia's largest economy.
  
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• Solar power for rent: Electricity companies offer battery technology for lease

  07-08-2015 02:28 via abc.net.au
  
  Electricity companies are offering solar and battery systems for lease in a bid to keep customers and lower their own costs.
  
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• Virgin loss narrows on less domestic competition

  07-08-2015 01:57 via abc.net.au
  
  Virgin Australia's loss narrows as the domestic price war with Qantas subsides, but the airline still fails to turn a profit.
  
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• Construction slows for fourth straight month

  07-08-2015 01:47 via abc.net.au
  
  The national building industry remains weak, with a reduction in engineering construction overshadowing a stronger residential sector.
  
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• ANZ shares slump in NZ after $2.5b capital raising

  07-08-2015 01:31 via abc.net.au
  
  ANZ looks set for a steep fall when it resumes trade after a $2.5 billion capital raising, with its New Zealand listed shares down more than 5 per cent at the open.
  
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• ANZ shares plunge after $2.5b capital raising

  07-08-2015 01:31 via abc.net.au
  
  ANZ shares are smashed on resuming trade after a $2.5 billion capital raising, with falls of as much as 8.5 per cent.
  
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• US media shares smashed in two-day meltdown

  07-08-2015 00:46 via abc.net.au
  
  Media stocks continue to be sold off in the US, with more weak earnings reports raising fears that an increasing number of viewers are switching to internet streaming.
  
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