Analyst news

• Building houses on basketball court-sized blocks 'better than nothing', says Gold Coast Mayor

  02-02-2021 23:47 via abc.net.au
  
  Gold Coast Mayor Tom Tate says council will consider releasing blocks of land as small as 400 square metres, in an effort to boost the supply of housing.
  
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• Higher education loses 70k jobs

  02-02-2021 23:30 via businessnews.com.au
  
  Universities shed tens of thousands of jobs and lost close to $2 billion this past year as travel restrictions and funding changes dampened the sector’s bottom line.
  
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• Higher education loses 17k jobs

  02-02-2021 23:30 via businessnews.com.au
  
  Universities shed tens of thousands of jobs and lost close to $2 billion this past year as travel restrictions and funding changes dampened the sector’s bottom line.
  
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• Demand for Australian seafood rises but industry angling for bigger share post-pandemic

  02-02-2021 22:58 via abc.net.au
  
  An unexpected boost in demand for Australian seafood is put down to renewed interest in food provenance and a forced spending hiatus under lockdowns.
  
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• Jeff Bezos to step down as CEO of Amazon

  02-02-2021 22:25 via abc.net.au
  
  Amazon chief executive officer Jeff Bezos will transition to the role of executive chairman in the third quarter of 2021.
  
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• Jeff Bezos says step down as Amazon CEO 'isn't about retiring'

  02-02-2021 22:25 via abc.net.au
  
  Amazon chief executive officer Jeff Bezos will transition to the role of executive chairman in the third quarter of 2021 in order to focus on his "other passions".
  
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• Reserve Bank not worried about housing bubble, as ASX jumps to 11-month high

  02-02-2021 21:45 via abc.net.au
  
  The local share market has closed at an 11-month high, the RBA governor said he was not concerned about housing bubbles, Afterpay will face tougher restrictions in the UK, and the price of GameStop shares and silver tanked as retail investors fled.
  
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• GameStop shares plunge more than 50 per cent, ASX to rise as silver prices tumble

  02-02-2021 21:45 via abc.net.au
  
  Australian shares are expected to rise sharply, following the ongoing rebound of global markets, while retail investors retreated from GameStop and their fleeting interest in silver, causing their prices to tumble.
  
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• GameStop shares plunge 60 per cent, ASX to rise as silver prices tumble

  02-02-2021 21:45 via abc.net.au
  
  Australian shares are expected to rise sharply, while retail investors abandoned GameStop and their fleeting interest in silver, causing their prices to tumble.
  
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• GameStop bubble 'likely over' as shares plunges 60pc, ASX to rise as silver prices tank

  02-02-2021 21:45 via abc.net.au
  
  Australian shares are expected to rise sharply, while retail investors abandoned GameStop and their fleeting interest in silver which caused their prices to tumble.
  
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• GameStop bubble 'likely over' as shares plunges 60pc, ASX rises as silver prices tank

  02-02-2021 21:45 via abc.net.au
  
  Australian shares have followed Wall Street higher, while retail investors abandoned GameStop and their fleeting interest in silver which caused their prices to tumble.
  
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• The underpants lawsuit that would go to Australia's highest court

  02-02-2021 21:00 via abc.net.au
  
  A doctor who wore his underwear fresh from the packet paid a painful price, but helped create better product standards for us all.
  
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• How a pair of undies and a nasty rash made legal history in Australia

  02-02-2021 21:00 via abc.net.au
  
  A doctor who wore his underwear fresh from the packet paid a painful price, but helped create better product standards for us all.
  
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• Light rail could be extended further south than Woden Town Centre

  02-02-2021 20:52 via abc.net.au
  
  An extension of Canberra's light rail line that will transform London Circuit gains federal environmental approval, as the ACT Government mulls whether the line should be extended further south than initially announced.
  
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• Light rail could be extended further south than Woden

  02-02-2021 20:52 via abc.net.au
  
  An extension of Canberra's light rail line that will transform London Circuit gains federal environmental approval, as the ACT Government mulls whether the line should be extended further south than initially announced.
  
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• 'People are really quite distraught': Big city bus route decision dismays small town

  02-02-2021 20:23 via abc.net.au
  
  A trip to the big city used to involve catching a single bus for these small town people; now, a decision to change the route will mean three buses and a "complicated" timetable — and they are not happy.
  
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• These children, not coal, are the future of mining town Muswellbrook, new school hopes

  02-02-2021 20:20 via abc.net.au
  
  A school that recently opened in the coal mining town of Muswellbrook is hoping to future-proof the region's youth by combining a focus on music with science, technology and mathematics.
  
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• New Hunter school turns STEM into STEAM to future-proof a coal-reliant region

  02-02-2021 20:20 via abc.net.au
  
  A school that recently opened in the coal mining town of Muswellbrook is hoping to future-proof the region's youth by combining a focus on music with science, technology and mathematics.
  
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• Is music the key to protecting Australia's children from economic change? This school thinks so

  02-02-2021 20:20 via abc.net.au
  
  A school that recently opened in the coal mining town of Muswellbrook is hoping to future-proof the region's youth by combining a focus on music with science, technology and mathematics.
  
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• Crew trapped at sea due to China's ban on Australian coal reunite with family after seven months

  02-02-2021 20:13 via abc.net.au
  
  Forced to anchor in China's Bohai Sea for more than seven months, Indian seafarers on a cargo ship loaded with 160,000 tons of Australian coal are celebrating their return home.
  
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• PM hints at more targeted business support

  02-02-2021 11:00 via businessnews.com.au
  
  Businesses struggling from coronavirus restrictions could be in line for targeted relief packages when wage subsidies are scrapped.
  
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• TGA clears Pfizer jab for elderly patients

  02-02-2021 10:00 via businessnews.com.au
  
  Australia's medical regulator has declared there's no specific risk to older patients from the Pfizer coronavirus vaccine, after about 30 elderly people in Norway died after receiving it.
  
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• COVID-19 Wrap: No new cases, businesses seek clarity

  02-02-2021 08:48 via businessnews.com.au
  
  In today's COVID-19 wrap, Western Australia has recorded no new local cases of COVID-19, the WA Liberal Party demands a 24-hour testing clinic and businesses seek clarity on lockdown rules.
  
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• Laing O’Rourke wins two big projects

  02-02-2021 08:44 via businessnews.com.au
  
  UK-based contractor Laing O’Rourke has won two infrastructure projects collectively worth more than $600 million – a major upgrade to Great Eastern Highway and replacement of the Fremantle traffic bridge.
  
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• Laing O’Rourke wins $386m project

  02-02-2021 08:44 via businessnews.com.au
  
  UK-based contractor Laing O’Rourke has won its second big infrastructure project in Perth after being awarded a contract to deliver major upgrades to Great Eastern Highway.
  
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• Aust shares close 1.49% better

  02-02-2021 08:30 via businessnews.com.au
  
  Investors had their highest gains in almost four weeks on the Australian share market, as the Reserve Bank said it would extend its bond-buying to keep economic recovery on track.
  
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• Businesses, retailers hit by lockdown

  02-02-2021 08:22 via businessnews.com.au
  
  Western Australia’s sudden descent into a five-day lockdown after the first local case of COVID in 10 months has rocked the state’s small business sector.
  
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• GR Engineering forecasts higher revenue

  02-02-2021 08:00 via businessnews.com.au
  
  ASX-listed contractor GR Engineering has lifted its full-year revenue guidance by $60 million, noting a strong pipeline of ongoing and near-term projects.
  
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• CBH harvest exceeds expectations

  02-02-2021 07:00 via businessnews.com.au
  
  CBH Group’s 2020-21 season was the fourth largest on record, with 15.1 million tonnes of grain delivered into its network, despite below average rainfall over the growing season.
  
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• BHP in solar power deal for Kwinana

  02-02-2021 07:00 via businessnews.com.au
  
  Mining giant BHP has signed an agreement with the operator of Western Australia’s largest solar farm to supply half of the electricity needs at its Nickel West Kwinana refinery.
  
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• Aboriginal-led consortium wins $7m contract

  02-02-2021 06:00 via businessnews.com.au
  
  A consortium led by Aboriginal-owned business Noongar Mia Mia has earned a $7 million contract to help support the state government’s housing first homeless initiative.
  
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• Spending, jobs, foot traffic on the rise as data shows Brisbane economy 'bouncing back' from pandemic

  02-02-2021 05:18 via abc.net.au
  
  The Brisbane economy is starting to "bounce back" from the effects of the coronavirus pandemic, with retail spending in the 2020 November-to-December period one of the biggest in a decade, new data shows.
  
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• It's official – Australians really are fleeing big cities during COVID. But will the sea changers stay?

  02-02-2021 05:16 via abc.net.au
  
  ABS population data shows Australia's cities recorded the largest quarterly net loss on record during COVID. But will tree-changers stay put in the country or flock back to the big smoke?
  
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• No new cases of COVID-19

  02-02-2021 05:00 via businessnews.com.au
  
  Western Australia has recorded no new local cases of COVID-19 overnight, according to Federal Health Minister Greg Hunt.
  
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• Dusk repaying $2.3m to underpaid staff

  02-02-2021 05:00 via businessnews.com.au
  
  Recently-listed candle retailer Dusk will pay back more than 1,500 current and former employees, following a payroll error.
  
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• Kirkup demands 24-hour testing clinic, no second jobs

  02-02-2021 04:10 via businessnews.com.au
  
  The WA Liberal Party has demanded the state government immediately establish a 24-hour COVID-19 testing clinic and stop frontline workers from holding second jobs.
  
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• Panic buying’s second wave

  02-02-2021 04:00 via businessnews.com.au
  
  Toilet paper, long-life milk and pet food have been among the most highly sought-after goods for Perth shoppers in the past 48 hours.
  
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• Local business wins $48m firefighting contract

  02-02-2021 04:00 via businessnews.com.au
  
  A family-owned business in Canning Vale has been contracted to build up to 300 firefighting vehicles, as part of the state government’s bushfire response.
  
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• Contact register system expanded

  02-02-2021 03:04 via businessnews.com.au
  
  From today, Western Australians will be required to sign in at retail and takeaway venues, commercial transport services, and hospitals as part of an expansion of the state's COVID-19 contact register.
  
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• RBA governor expects low rates until 2024

  02-02-2021 03:00 via businessnews.com.au
  
  UPDATED: The Reserve Bank has left the cash rate and its other monetary policy rates unchanged after its first board meeting for 2021.
  
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• Payroll jobs grow further in early 2021

  02-02-2021 03:00 via businessnews.com.au
  
  Payroll jobs grew in the early stages of 2021, but new figures show they are still lagging when compared to a year ago.
  
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• 'No bungle' in WA hotel quarantine breach

  02-02-2021 02:00 via businessnews.com.au
  
  UPDATED: A hotel quarantine security guard who roamed the streets of Perth while infected with COVID-19 "did everything right", a Western Australian health chief says.
  
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• Molten lead 'explosions' prompt calls for safety overhaul at SA smelter

  02-02-2021 02:00 via abc.net.au
  
  The AWU says it's investigated multiple incidents which nearly caused workers serious injury or death at the Port Pirie lead smelter over the past two years.
  
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• Anxious wait for more WA COVID-19 results

  02-02-2021 02:00 via businessnews.com.au
  
  Test results over the coming days are set to reveal whether Western Australia has dodged a bullet with its COVID-19 outbreak.
  
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• Developers call for planning consistency, transparency

  02-02-2021 01:00 via businessnews.com.au
  
  More than $230 million of developer-contributed funds for community infrastructure is sitting in local government-managed bank accounts waiting to be spent, according to a new report.
  
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• Lead paint review underway as fourth Canberra school discovers hazardous contamination

  02-02-2021 00:49 via abc.net.au
  
  A fourth Canberra school in less than a year says it found hazardous levels of lead on its grounds, but the Education Minister says there is no need for an audit, as all affected schools are already known.
  
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