Analyst news

• Kimberley candidates focus on training, jobs ahead of WA election

  22-02-2021 23:46 via abc.net.au
  
  Kimberley businesses say they want their next elected representative to address worker shortages, border closures, education and airfare costs. Here's what the candidates had to say.
  
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• We fact checked Josh Frydenberg on welfare dependency. Here's what we found

  22-02-2021 22:42 via abc.net.au
  
  Treasurer Josh Frydenberg says that before the pandemic, welfare dependency was at a 30-year low. Is he correct? RMIT ABC Fact Check investigates.
  
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• Hobart cable car company to forge ahead on 'badly needed' project, despite Aboriginal heritage setback

  22-02-2021 21:47 via abc.net.au
  
  The Mount Wellington Cableway Company vows to press ahead despite losing an appeal against a council ruling, revealing it had to source an Aboriginal consultant from outside the state due to a "reluctance" by locals to assist the project.
  
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• Aussie dollar climbs to three-year high, with ASX to rise on stronger commodity prices

  22-02-2021 21:36 via abc.net.au
  
  Surging oil, gold, iron ore and copper prices boost the Australian dollar above 79.2 US cents, its highest value since February 2018. Wall Street tech stocks are sold off, while the Australian share market is expected to begin its day higher.
  
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• Aussie dollar climbs to three-year high, with ASX to open flat as Nasdaq sinks on tech sell-off

  22-02-2021 21:36 via abc.net.au
  
  Surging oil, gold, iron ore and copper prices boost the Australian dollar above 79.2 US cents, its highest value since February 2018. Wall Street tech stocks are sold off, while the Australian share market is expected to begin its day higher.
  
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• Aussie dollar climbs to three-year high, with ASX to fall as Nasdaq sinks on tech sell-off

  22-02-2021 21:36 via abc.net.au
  
  Surging oil, gold and iron ore prices boost the Australian dollar above 79.2 US cents, its highest value since February 2018. Wall Street tech stocks get sold off, bitcoin drops from its record high, while the Australian share market is expected to begin its day higher.
  
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• Aussie dollar climbs to three-year high, with ASX rising as Nasdaq sinks on tech sell-off

  22-02-2021 21:36 via abc.net.au
  
  Surging gold and oil prices boost the Australian dollar above 79.2 US cents. Wall Street tech stocks get sold off, bitcoin drops from its record high, Freedom Foods is sued in another class action, while Allianz faces criminal charges and the Australian share market rises in afternoon trade.
  
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• Aussie dollar climbs to three-year high, with ASX flat as Nasdaq sinks on tech sell-off

  22-02-2021 21:36 via abc.net.au
  
  Surging oil, gold and iron ore prices boost the Australian dollar above 79.2 US cents, its highest value since February 2018. Wall Street tech stocks get sold off, bitcoin drops from its record high, while the Australian share market begins its day flat.
  
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• There won't be one more time: Daft Punk split after 28 years

  22-02-2021 20:58 via abc.net.au
  
  Grammy-winning electronic music duo Daft Punk, who were behind the hits Get Lucky and One More Time, announce they are breaking up after 28 years.
  
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• This couple thought it'd take two years to save for a house. Then COVID-19 hit, and it took six months

  22-02-2021 19:41 via abc.net.au
  
  Mickayla Downey and Matthew Hardiman saw an unexpected boost to their savings during the COVID pandemic, enabling them to buy their own home — and they are not alone.
  
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• 'Some of the best times I've seen': The COVID-19 economy had big winners — but it might not last

  22-02-2021 19:41 via abc.net.au
  
  Mickayla Downey and Matthew Hardiman saw an unexpected boost to their savings during the COVID pandemic, enabling them to buy their own home — and they are not alone.
  
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• Rio Tinto executive got big pay rise after review of Juukan cave blast

  22-02-2021 19:38 via abc.net.au
  
  The man who led the internal inquiry into the blasting of the Juukan Gorge caves was paid an extra 46 per cent on top of his annual director fees.
  
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• Boeing recommends grounding some 777 aircraft after Denver engine failure

  22-02-2021 17:37 via abc.net.au
  
  Most airline companies that operate 777 planes with the same engine as the one which exploded say they'll follow the advice to temporarily withdraw them from their operating fleet.
  
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• Boeing recommends grounding its 777 aircraft after Denver engine failure

  22-02-2021 17:37 via abc.net.au
  
  Most airline companies that operate 777 planes say they'll follow the advice to temporarily withdraw them from their operating fleet.
  
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• Air NZ announces trial of digital COVID-19 vaccination passports on flights to Australia

  22-02-2021 10:23 via abc.net.au
  
  The trial will run on flights between Auckland and Sydney for three weeks in April using the IATA Travel Pass app, which allows passengers to share with airlines whether they have been tested or vaccinated.
  
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• Bushfire-hit businesses bounce back as government vouchers deliver $85m reprieve

  22-02-2021 09:29 via abc.net.au
  
  Some 52,000 people opted to use Victoria's travel vouchers in the first round of the stimulus package. Business owners reeling from Black Summer say it made a huge difference.
  
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• Three people face court over alleged roles in million-dollar gold theft

  22-02-2021 09:07 via abc.net.au
  
  Three of the five people charged over an alleged million-dollar gold theft in WA's Goldfields appear in the Kalgoorlie Magistrate's Court.
  
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• Crown to face Vic royal commission

  22-02-2021 09:06 via businessnews.com.au
  
  The Victorian government has called a royal commission into Crown Resorts, which disclosed the resignation of director Harold Mitchell, heaping further pressure on John Poynton.
  
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• Sanur frustrated by precinct plan

  22-02-2021 09:03 via businessnews.com.au
  
  A draft development plan outlining the vision for the future of Subiaco’s “beating heart” has copped criticism from the site’s largest private landholder.
  
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• McGowan says WA tourism should 'talk itself up' as industry calls for urgent help

  22-02-2021 09:03 via abc.net.au
  
  The West Australian Tourism Council calls for a $50 million support package for at-risk tourism businesses badly hit by COVID-19, but Premier Mark McGowan says the industry needs to change its rhetoric — and look to the federal government for assistance.
  
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• Quarantine nurses get first WA vaccine jab

  22-02-2021 08:30 via businessnews.com.au
  
  Two nurses have become the first Western Australians to receive the COVID-19 vaccine, saying they hope it will save lives and ease the strain on the healthcare system.
  
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• Hastings chases $101m for rare earths project

  22-02-2021 08:30 via businessnews.com.au
  
  Hastings Technology Metals is seeking another $44 million to advance its Yangibana Project, just days after receiving $57 million for the same purpose.
  
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• Low live sheep export figures a WA problem

  22-02-2021 08:16 via businessnews.com.au
  
  The fall-off in trade to the Middle East is a concern for WA sheep farmers.
  
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• From Chevron with carbon certificates

  22-02-2021 08:16 via businessnews.com.au
  
  Singaporean business Pavilion has committed to buy 3 million tonnes of LNG from Chevron in a deal with strict carbon reporting requirements.
  
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• ASX closes lower, AUD tops 79 US cents

  22-02-2021 08:08 via businessnews.com.au
  
  Australia's share market closed marginally lower while the Australian dollar reached its highest level in almost three years, spurred by metal prices.
  
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• Crown to face scrutiny in 'long overdue' Victorian royal commission

  22-02-2021 06:32 via abc.net.au
  
  Crown Resorts' suitability to run Melbourne's casino will be tested by a new royal commission in Victoria, after a damning NSW inquiry finding the gambling giant was not suitable to hold a casino licence. The news comes as another Crown director resigns from the board.
  
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• Another Crown director resigns as Victoria calls royal commission

  22-02-2021 06:32 via abc.net.au
  
  Crown Resorts' suitability to run Melbourne's casino will be tested by a new royal commission in Victoria, after a damning NSW inquiry finding the gambling giant was not suitable to hold a casino licence. The news comes as another Crown director resigns from the board.
  
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• Andrews says Crown must be 'accountable', announces royal commission

  22-02-2021 06:32 via abc.net.au
  
  Crown Resorts' suitability to run Melbourne's casino will be tested by a new royal commission in Victoria, after a damning NSW inquiry found the gambling giant was not suitable to hold a casino licence.
  
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• Mine shut after gas levels spark fears for workers' safety

  22-02-2021 06:15 via abc.net.au
  
  A mining union representative calls for "real action" to protect coal miners' safety after increased gas levels close the Moranbah North mine in Queensland.
  
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• Labor announces $217m tourism package

  22-02-2021 05:50 via businessnews.com.au
  
  The WA Labor Party has announced a $217 million tourism package, just hours after the state’s peak tourism body warned that many local tourism businesses were in dire straits.
  
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• Rio delivers $57m in payouts

  22-02-2021 05:34 via businessnews.com.au
  
  Four former executives at Rio Tinto were paid a total of $57 million last year, with Sam Walsh and JS Jacques getting the biggest payouts.
  
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• Lead levels in two-year-olds hit 10-year high in SA smelter city

  22-02-2021 05:29 via abc.net.au
  
  Smelter owner Nyrstar had promised a multi-million-dollar upgrade would halve the smelter's lead emissions, but they increased in the second half of last year.
  
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• Signs of recovery in DUG's first half

  22-02-2021 05:00 via businessnews.com.au
  
  DUG Technology has reported first-half revenue of $24.2 million as the company continues to recover its earnings to pre-COVID-19 levels.
  
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• MACA posts jump in revenue, profit

  22-02-2021 05:00 via businessnews.com.au
  
  Mining contractor MACA has reported revenue of $467.2 million in the first half of the financial year, most of which can be attributed to work in the gold sector.
  
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• BoQ hopes 'game changer' ME Bank takeover will challenge the big four

  22-02-2021 04:30 via abc.net.au
  
  The Bank of Queensland is vying to take on the big four after confirming that it will buy the industry super funds' ME Bank for $1.3 billion.
  
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• BlueScope profits surge, eye on climate

  22-02-2021 04:00 via businessnews.com.au
  
  Steelmaker BlueScope has reported a 78 per cent increase in its half year profit, while announcing a chief executive for climate change within the group.
  
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• 'You can't shoe a horse out of a book': TAFE campus sale leads to fears for ag education

  22-02-2021 03:21 via abc.net.au
  
  A veteran teacher raises concerns about the NSW government's plans to sell a specialist rural TAFE campus, warning you can't properly learn key agriculture skills from books or online.
  
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• Reality check for research foundations

  22-02-2021 03:00 via businessnews.com.au
  
  The Royal Perth Hospital Medical Research Foundation is one of WA’s largest philanthropic foundations, with total assets of more than $65 million. However, it’s not as large as it used to be, and therein lies a story.
  
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• McGowan summons Curtin at WA poll launch

  22-02-2021 03:00 via businessnews.com.au
  
  Premier Mark McGowan has likened the coronavirus pandemic to World War II, positioning Labor as the safe choice at next month's election.
  
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• Lendlease posts 37% drop in earnings

  22-02-2021 03:00 via businessnews.com.au
  
  Property developer Lendlease has posted a first-half earnings decline of 37 per cent after COVID-19 stifled interest in building development.
  
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• Boeing 777s grounded after engine breaks up and catches fire in mid-air

  22-02-2021 02:24 via abc.net.au
  
  The move comes after a United Airlines plane's engine disintegrated in mid-air at the weekend, scattering debris over the Denver area.
  
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• Teen with broken leg rides to mates' rescue

  22-02-2021 02:16 via abc.net.au
  
  A teenager rides a motorbike for 20 kilometres with a broken leg to raise the alarm for an unconscious friend after an accident in a mobile dead spot south of Mount Isa.
  
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• Online giants embrace misinformation code

  22-02-2021 02:00 via businessnews.com.au
  
  Online giants including Facebook and Google have released a new voluntary code for dealing with disinformation and political advertising.
  
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• BoQ buys super funds' ME Bank as ASX flatlines

  22-02-2021 00:58 via abc.net.au
  
  The Australian share market is recovering ground on Monday after enduring a dip in last week's trade. Travel stocks are performing as Australians look to fly again.
  
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• Avocados and berries boost Costa Group profits, ASX closes Monday flat

  22-02-2021 00:58 via abc.net.au
  
  The Australian share market flatlines after enduring a dip in last week's trade. Travel stocks are performing as Australians look to fly again.
  
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• ASX starts week lower as BoQ confirms it is buying ME Bank

  22-02-2021 00:58 via abc.net.au
  
  The Australian share market is starting Monday on a subdued note, after enduring a dip in last week's trade.
  
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• ASX flatlining, avocados and berries boost Costa Group profits

  22-02-2021 00:58 via abc.net.au
  
  The Australian share market is flatlining after enduring a dip in last week's trade. Travel stocks are performing as Australians look to fly again.
  
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• Texans 'slugged $US1,000 a day for electricity' during deadly deep freeze

  22-02-2021 00:53 via abc.net.au
  
  Elected officials in Texas say the state should help pay some of the eye-watering electricity bills sent to residents after the devastating and deadly winter storm that caused widespread blackouts.
  
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