Analyst news

• Biden pauses oil and gas leases, cuts subsidies in 'bold' climate steps

  27-01-2021 23:16 via abc.net.au
  
  US President Joe Biden signs a raft of executive actions to combat climate change as he pursues green policies he billed as a boon to the economy.
  
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• This document reveals ancient secrets of the land, but until now the knowledge was locked from its people

  27-01-2021 22:19 via abc.net.au
  
  The map shows an ancient, buried river underneath the Anangu Pitjantjatjara Yankunytjatjara (APY) Lands, but its technical language made it "inaccessible" to the community until now.
  
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• ASX to fall; Dow Jones drops 700 points on fears of overvalued market

  27-01-2021 21:26 via abc.net.au
  
  Australian shares are set to open lower, following heavy losses across foreign markets as investors fretted about overvalued stocks and the economic impact of the COVID-19 pandemic.
  
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• ASX to fall; Dow Jones drops 630 points on fears of overvalued market

  27-01-2021 21:26 via abc.net.au
  
  Australian shares are set to open lower, following heavy losses across foreign markets as investors fretted about overvalued stocks and the economic impact of the COVID-19 pandemic.
  
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• ASX falls sharply; Dow Jones drops 630 points on fears of overvalued market

  27-01-2021 21:26 via abc.net.au
  
  Australian shares are posting heavy losses, following a pullback across foreign markets as investors fretted about overvalued stocks and the economic impact of the COVID-19 pandemic.
  
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• ASX drops $60b after Dow Jones falls 630 points on overvaluation fears

  27-01-2021 21:26 via abc.net.au
  
  Australian shares are posting heavy losses following a sharp pullback across foreign markets, as investors fret about overvalued stocks and the economic impact of the COVID-19 pandemic.
  
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• ASX drops $46b after Dow Jones falls 630 points on overvaluation fears

  27-01-2021 21:26 via abc.net.au
  
  Australian shares post heavy losses following a sharp pullback across foreign markets, as investors fret about overvalued stocks and the economic impact of the COVID-19 pandemic.
  
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• Live: NSW Now: Detectives hunt group of men linked to spate of Sydney inner-west robberies

  27-01-2021 21:04 via abc.net.au
  
  MORNING BRIEFING: Detectives hunt for a group of men believed to be behind a string of robberies across Sydney's inner-west, while fine increases are flagged for businesses flouting coronavirus restrictions.
  
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• 'Absolute stuff up' could cost Australian insurers $10 billion, but they aren't going down without a fight

  27-01-2021 20:12 via abc.net.au
  
  Furious small business owners are vowing to "fight to the end" against Australian insurance companies, in an increasingly heated battle over pandemic payouts that is likely to drag on for years.
  
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• A fine print 'stuff up' by Australia's insurance industry is making it a target for legal action

  27-01-2021 20:12 via abc.net.au
  
  Furious small business owners are vowing to "fight to the end" against Australian insurance companies, in an increasingly heated battle over pandemic payouts that is likely to drag on for years.
  
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• Sydney unit values shrink as house prices reach record high

  27-01-2021 19:26 via abc.net.au
  
  A new report shows house prices in Sydney reached a record high at the end of 2020, but units in the harbour city were worth about $20,000 less than before the COVID-19 pandemic began.
  
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• Vertech doubles in size

  27-01-2021 10:01 via businessnews.com.au
  
  Perth-based industrial services company Vertech Group has added to a string of acquisitions by purchasing a majority stake in APS, doubling annual turnover to more than $120 million.
  
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• $10 million grants for Agrifood businesses

  27-01-2021 09:12 via businessnews.com.au
  
  The state government has awarded $10.2 million worth of grants to 18 agribusinesses, including Tattarang’s Harvest Road Oceans.
  
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• Wesfarmers hits record share price

  27-01-2021 09:08 via businessnews.com.au
  
  Shares in Wesfarmers have reached a record high of $55.25 per share, closing 1.67 per cent higher.
  
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• Spinifex attracts high-profile investors

  27-01-2021 09:02 via businessnews.com.au
  
  Lawyer Dan Mossenson, broadcaster Karl Langdon and Elevate Group managing director Shane Crommelin contributed to Spinifex Brewing Co’s recent $750,000 capital raising.
  
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• Andrew and Nicola Forrest flag RM Williams factory expansion, push for 100pc Australian-made products

  27-01-2021 08:55 via abc.net.au
  
  The owners of iconic bootmaker RM Williams, Andrew and Nicola Forrest, say they are looking at expanding the company's factory in Adelaide's northern suburbs and are aiming to have all products 100 per cent made in Australia.
  
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• State's $65m Casuarina Prison plan to get green light

  27-01-2021 08:53 via businessnews.com.au
  
  A $65 million expansion plan set to make Casuarina Prison the state’s largest is expected to be given the green light later this week.
  
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• Solar defies 2020 gloom

  27-01-2021 08:48 via businessnews.com.au
  
  Solar power installations in Western Australia hit a record level last year, according to consultancy Sunwiz, with Perth systems cheaper than other states.
  
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• Good Drinks volume, revenue up

  27-01-2021 08:30 via businessnews.com.au
  
  Good Drinks’ half-year results show revenue increased by 42 per cent to $27.4 million, due to the expansion of the group’s sales and marketing teams.
  
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• Aust shares close down 0.65pc, miners drop

  27-01-2021 08:30 via businessnews.com.au
  
  Investors had their biggest loss on the share market in more than a week, but a modest rise in inflation indicated conditions should remain favourable for some time.
  
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• Aust shares close down 0.65%, miners drop

  27-01-2021 08:30 via businessnews.com.au
  
  Investors had their biggest loss on the share market in more than a week, but a modest rise in inflation indicated conditions should remain favourable for some time.
  
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• Goldman Sachs chief executive David Solomon pays $12.9m price for 1MDB scandal

  27-01-2021 08:05 via abc.net.au
  
  The chief executive's pay is cut by 36 per cent over the bank's role in a scandal that saw Goldman Sachs agree to pay $3.74 billion in settlements.
  
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• Warning sounds over cost of climate change

  27-01-2021 08:00 via businessnews.com.au
  
  The economic alarm has again been sounded over climate inaction, with an environmental group warning the cost of extreme weather has more than doubled over the last 50 years.
  
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• WA premier, Liberals in costings stoush

  27-01-2021 08:00 via businessnews.com.au
  
  The Western Australian Liberals are refusing to commit to having their policies costed by Treasury as potentially record numbers prepare to cast an early vote.
  
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• Back-to-school confusion in SA over lunchbox fruit bans, coronavirus restrictions

  27-01-2021 06:34 via abc.net.au
  
  Students across South Australia return to school amid confusion over bans on parents in classrooms and fruit in lunchboxes.
  
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• Moss to lead Mrs Mac's

  27-01-2021 06:00 via businessnews.com.au
  
  Jonathan Moss has been appointed chief executive of WA family-owned pie company Mrs Mac's, replacing Paul Slaughter.
  
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• Woman awarded $280k for defamation by Australian Financial Review columnist

  27-01-2021 05:42 via abc.net.au
  
  Journalist Joe Aston engaged in a campaign of "offensive mockery" against businesswoman Elaine Stead while writing for the Nine Entertainment Co newspaper, a judge found, leaving Ms Stead feeling "humiliated".
  
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• 'Feminist cretin': Woman awarded $280k for defamation by Australian Financial Review columnist

  27-01-2021 05:42 via abc.net.au
  
  Journalist Joe Aston engaged in a campaign of "offensive mockery" against businesswoman Elaine Stead while writing for the Nine Entertainment Co newspaper, a judge found, leaving Ms Stead feeling "humiliated".
  
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• New conditions for Pilbara Energy proposal

  27-01-2021 05:29 via businessnews.com.au
  
  Fortescue Metals Group may be required to regularly revise and publicly release the greenhouse gas management plan for its new Pilbara power station following an appeal by the state’s peak conservation body.
  
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• Potash, gold explorers raise $8m

  27-01-2021 05:00 via businessnews.com.au
  
  Parkway Minerals and Trek Metals, two Perth-based exploration companies, have successfully completed capital raising collectively worth $8.3 million.
  
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• Construction starts on Brightwater Inglewood

  27-01-2021 04:09 via businessnews.com.au
  
  Construction has officially begun on Brightwater Care Group’s new 128-bed residential aged care facility in Inglewood, with the facility expected to open next year.
  
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• Construction begins on Brightwater Inglewood

  27-01-2021 04:09 via businessnews.com.au
  
  Construction has officially begun on Brightwater Care Group’s new 128-bed residential aged care facility in Inglewood, with the facility expected to open next year.
  
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• Companies are powering ahead with big battery projects, but a 'lack of certainty' by governments could deter good investment

  27-01-2021 03:56 via abc.net.au
  
  New projects are being announced all the time in the grid-scale battery arms race but concerns are being raised over a patchwork approach which has seen some states go at it alone in their pursuit of more aggressive emissions targets.
  
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• Working with dementia

  27-01-2021 03:50 via businessnews.com.au
  
  Aged care organisations are investing in technology and dementia-friendly design as more people with the condition enter facilities.
  
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• Trio of chiefs innovate at home

  27-01-2021 03:50 via businessnews.com.au
  
  Aged care and retirement living organisation Maurice Zeffert Home is not run by one chief executive, but three.
  
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• Meeting call for care beds

  27-01-2021 03:49 via businessnews.com.au
  
  The royal commission and the pandemic have not stemmed the pipeline of aged care developments but they could have a lasting impact on how care is delivered.
  
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• Prices are down from power bill credit

  27-01-2021 03:00 via businessnews.com.au
  
  Prices in Perth deflated 1 per cent in the December quarter, thanks to the government’s electricity credit, but there’s an underlying upward pressure.
  
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• IMF lifts growth forecast on vaccine hopes

  27-01-2021 02:00 via businessnews.com.au
  
  The IMF has upgraded its global economic growth forecast for this year, but admits that exceptional uncertainty remains.
  
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• Consumer prices still rose in 2020, despite the recession

  27-01-2021 01:36 via abc.net.au
  
  Consumer prices rose in Australia last year, bouncing back from record deflation in the June quarter despite the nation's first recession in nearly three decades.
  
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• Consumer prices rose in 2020, despite the recession, as childcare fees returned

  27-01-2021 01:36 via abc.net.au
  
  Consumer prices rose in Australia last year, bouncing back from record deflation in the June quarter despite the nation's first recession in nearly three decades.
  
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• Consumer prices climb, but shopkeepers say they 'don't want to push all the burden to customers'

  27-01-2021 01:36 via abc.net.au
  
  Consumer prices rose in Australia last year, bouncing back from record deflation in the June quarter despite the nation's first recession in nearly three decades. But the price rises are far from across the board.
  
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• Consumers buoyed by falling unemployment

  27-01-2021 01:00 via businessnews.com.au
  
  Australians appear to be over their jitters surrounding recent coronavirus outbreaks and have been buoyed by recent figures showing a further decline in the unemployment rate.
  
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• Business conditions highest in two years

  27-01-2021 01:00 via businessnews.com.au
  
  Business conditions have risen to their highest levels in two years, suggesting strong momentum in Australia's economic recovery.
  
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