Analyst news

• 'Debacle' of funding delays plagues road repairs, cuts off Kimberley communities

  24-02-2021 22:55 via abc.net.au
  
  Kimberley leaders say they face a backlog of road repairs after two damaging wet seasons, and a "debacle" getting funding approved by three separate jurisdictions.
  
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• Qantas posts billion dollar loss, pushes international travel expectations back to October

  24-02-2021 22:39 via abc.net.au
  
  Qantas posts a $1.08 billion half-year loss, following a dramatic $6.9 billion plunge in revenue due to continued travel restrictions.
  
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• Qantas posts $1 billion six-month loss

  24-02-2021 22:39 via abc.net.au
  
  Qantas posts a $1.08 billion half-year loss, following a dramatic $6.9 billion plunge in revenue due to continued travel restrictions.
  
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• Qantas hopes to be flying internationally in October, but analyst warns US, UK may be off limits until 2023

  24-02-2021 22:39 via abc.net.au
  
  Qantas posts a $1.08 billion half-year loss, following a dramatic $6.9 billion plunge in revenue due to continued travel restrictions.
  
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• International flights back when COVID vaccine rollout complete, Qantas says as it posts a billion dollar loss

  24-02-2021 22:39 via abc.net.au
  
  Qantas posts a $1.08 billion half-year loss, following a dramatic $6.9 billion plunge in revenue due to continued travel restrictions.
  
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• International flights back when COVID vaccine roll-out complete, Qantas says as it posts a billion dollar loss

  24-02-2021 22:39 via abc.net.au
  
  Qantas posts a $1.08 billion half-year loss, following a dramatic $6.9 billion plunge in revenue due to continued travel restrictions.
  
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• GameStop's volatile shares rebound surprisingly, Aussie dollar slips from three-year high

  24-02-2021 21:52 via abc.net.au
  
  The struggling video game retailer GameStop makes a surprise comeback, after its share price doubles in the final hour of trade on Wall Street. Meanwhile, the Australian share market rebounds as Qantas and Afterpay report bigger losses.
  
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• GameStop's volatile shares rebound surprisingly, Afterpay reports $76.5m loss as ASX recovers

  24-02-2021 21:52 via abc.net.au
  
  The struggling video game retailer GameStop makes a surprise comeback, after its share price doubles in the final hour of trade on Wall Street. Meanwhile, the Australian share market rebounds as Qantas and Afterpay report bigger losses.
  
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• GameStop shares double in surprise comeback, Aussie dollar slips from three-year high

  24-02-2021 21:52 via abc.net.au
  
  The struggling video game retailer GameStop makes a surprise comeback, after its share price doubles in the final hour of trade on Wall Street. Meanwhile, the Australian share market rebounds as Qantas and Afterpay report bigger losses.
  
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• GameStop rebounds in final hour, Dow climbs to new record as Aussie dollar hits three-year high

  24-02-2021 21:52 via abc.net.au
  
  GameStop shares skyrockets as investors piled into the struggling brick-and-mortar video game retailer. Meanwhile, the Australian share market is set to rise after Wall Street's industrial index, the Dow Jones, scaled a fresh record high.
  
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• Aussie dollar hits three-year high, Dow climbs to new record as oil surges above pre-COVID levels

  24-02-2021 21:52 via abc.net.au
  
  The Australian share market is set to recover from yesterday's losses after Wall Street's industrial index, the Dow Jones, scaled a fresh record high, a sell-off in tech-related stocks eased, and oil prices rise above their pre-COVID levels.
  
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• ASX recovers, as GameStop rebounds in final hour and Dow climbs to new record high

  24-02-2021 21:52 via abc.net.au
  
  The Australian share market is off to a decent start as Qantas and Afterpay report bigger losses. Meanwhile, Wall Street's industrial index, the Dow Jones, scales a fresh record high as GameStop rebounds in final hour.
  
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• Cars of the future: The hype, the high hopes, and the sobering reality

  24-02-2021 21:00 via abc.net.au
  
  Are everyday driverless, electric cars just around the corner? Is a car sharing revolution underway? Why some of the hype around the future of car travel hasn't become reality just yet, and the challenges we need to overcome.
  
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• Family of burns victim urges support for flying doctors who go 'so far above and beyond'

  24-02-2021 20:37 via abc.net.au
  
  The Royal Flying Doctor Service launches a burns appeal to raise money to treat burns patients like four-year-old Archie Buick from Richmond.
  
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• Company building Australia's submarines warned to spend big on local companies

  24-02-2021 20:32 via abc.net.au
  
  The Australian government is getting increasingly frustrated with French company Naval Group's refusal to formalise a pledge to spend at least 60 per cent of the contract value on local suppliers.
  
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• Professor Ross Garnaut says Australia should aim for genuine full employment

  24-02-2021 19:55 via abc.net.au
  
  Professor Ross Garnaut criticises Australia's policymakers for allowing hundreds of thousands of people to remain unemployed in recent years.
  
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• The JobKeeper program ends soon. Here's what could replace it

  24-02-2021 18:16 via abc.net.au
  
  As the JobKeeper program nears its end next month, four groups pitch their ideas for what could replace it.
  
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• BGC heirs fighting over $115m

  24-02-2021 16:54 via businessnews.com.au
  
  The Supreme Court has delivered a tactical win to the widow of the late Len Buckeridge as she fights his sons over the carve-up of the magnate’s estate.
  
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• Fortescue apology for clearing sacred site

  24-02-2021 12:56 via businessnews.com.au
  
  Fortescue Metals Group has apologised to an Aboriginal community after clearing a Western Australian site considered sacred, without representatives present.
  
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• New bonus system slammed by food delivery riders as 'physically impossible' to achieve

  24-02-2021 09:16 via abc.net.au
  
  Food delivery app Hungry Panda has been slammed for providing 'an economic incentive for riders to ride unsafely' through a new bonus system, which former riders have criticised as being impossible to achieve.
  
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• Council slams Adani's treatment of landholders, says its has 'lost patience' with company

  24-02-2021 09:09 via abc.net.au
  
  A Central Queensland Council, known for supporting mining and its economic impact, says they have "lost patience with the behaviour" of Adani's Australian arm, Bravus.
  
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• Council slams Adani's treatment of landholders, says it has 'lost patience' with company

  24-02-2021 09:09 via abc.net.au
  
  A Central Queensland Council, known for supporting mining and its economic impact, says they have "lost patience with the behaviour" of Adani's Australian arm, Bravus.
  
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• WA Government investigates possible breach of Aboriginal heritage laws by FMG

  24-02-2021 08:39 via abc.net.au
  
  Aboriginal Affairs Minister Ben Wyatt confirms the WA Government is "officially investigating" a breach of Section 18 of the Aboriginal Heritage Act by iron ore miner Fortescue Metals Group, as the company's CEO says she is "deeply sorry" about the incident.
  
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• WA Government investigates another possible breach of Aboriginal heritage laws by mining company

  24-02-2021 08:39 via abc.net.au
  
  Aboriginal Affairs Minister Ben Wyatt confirms the WA Government is "officially investigating" a breach of Section 18 of the Cultural Heritage Act, days after reports emerged of damage to a culturally-significant site near a BHP mine in the Pilbara.
  
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• WA Government investigates another possible breach of Aboriginal heritage laws by FMG

  24-02-2021 08:39 via abc.net.au
  
  Aboriginal Affairs Minister Ben Wyatt confirms the WA Government is "officially investigating" a breach of Section 18 of the Aboriginal Heritage Act by iron ore miner Fortescue Metals Group, as the company's CEO says she is "deeply sorry" about the incident.
  
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• ASX down as inflation debate continues

  24-02-2021 08:30 via businessnews.com.au
  
  Australia's share market has closed lower but investors may have had greater losses if not for the US Federal Reserve assuring current policy settings will continue.
  
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• Kwinana industry body calls for election reform

  24-02-2021 08:00 via businessnews.com.au
  
  One of the state’s leading industry councils is lobbying the state government to ban political donations from property developers, mirroring similar regulations implemented in Queensland and NSW.
  
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• Western Gas to progress pipeline plan

  24-02-2021 07:58 via businessnews.com.au
  
  Perth company Western Gas has partnered with leading Australian energy infrastructure business APA Group to begin an assessment of its ambitious transcontinental pipeline plan.
  
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• Valmec confirms solid first half

  24-02-2021 07:30 via businessnews.com.au
  
  Energy and infrastructure services contractor Valmec has confirmed a 13 per cent annual rise in earnings, attributing the growth to strong performance across the water and resources sectors.
  
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• Call for royal commission into Australia's horticulture sector

  24-02-2021 07:17 via abc.net.au
  
  Farmers reject a union call for a royal commission into the fruit and vegetable industry, which unions claim has the worst exploitation of any workforce in Australia.
  
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• Pressure on 700 jobs in Geelong as Viva posts $95 million loss

  24-02-2021 06:34 via abc.net.au
  
  One of Australia's last oil refineries records a multi-million dollar loss for the last financial year, threatening the jobs of 700 people, but releases a recovery plan for the next two years involving a heavy focus on renewable energy and natural gas.
  
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• Geelong's Viva Energy records $95 million loss for oil refinery

  24-02-2021 06:34 via abc.net.au
  
  One of Australia's last oil refineries records a multi-million dollar loss for the last financial year threatening the jobs of 700 people, but releases a recovery plan for the next two years involving a heavy focus on renewable energy and natural gas.
  
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• Early voting surge begins for WA election

  24-02-2021 06:00 via businessnews.com.au
  
  Early voting is under way for the Western Australian election, with more than a million voters tipped to cast their ballots before the March 13 polling day.
  
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• Treasurer defends modest JobSeeker boost

  24-02-2021 05:00 via businessnews.com.au
  
  Senior ministers have been forced to defend a modest increase to the dole after welfare groups and economists slammed the miserly boost.
  
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• Embattled defence minister on health leave

  24-02-2021 05:00 via businessnews.com.au
  
  Defence Minister Linda Reynolds has been admitted to hospital and is taking indefinite medical leave.
  
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• Tech tools drive fashion future

  24-02-2021 04:55 via businessnews.com.au
  
  Sustainability has joined variety and affordability as key concerns for the fashion industry.
  
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• Appoint a Digital Industry Minister: AIIA

  24-02-2021 04:34 via businessnews.com.au
  
  The appointment of a Digital Industry Minister and greater investment in the sector are among a suite of demands released by the peak national body for communications and technology today ahead of the state election.
  
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• Calls to appoint digital industry minister

  24-02-2021 04:30 via businessnews.com.au
  
  The appointment of a digital industry minister and greater investment in the sector are among a suite of demands released today by the peak national body for communications and technology ahead of the state election.
  
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• Northern Star's Beament to join copper play

  24-02-2021 03:30 via businessnews.com.au
  
  Bill Beament has thrown his support behind Perth-based copper play Venturex Resources, in a move that involves the Northern Star chairman stepping down from the board in July.
  
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• Beament to leave Northern Star board

  24-02-2021 03:30 via businessnews.com.au
  
  Bill Beament has thrown his support behind Perth-based copper play VentureX Resources, in a move that involves the Northern Star chairman stepping down from the board in July.
  
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• Wage growth stagnant as property prices soar

  24-02-2021 03:00 via businessnews.com.au
  
  Wages grew at a fractionally faster pace than expected in the final three months of 2020, lagging expectations for record property price increases this year.
  
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• Facebook news ban wake-up call: Treasurer

  24-02-2021 03:00 via businessnews.com.au
  
  Treasurer Josh Frydenberg says Facebook's ban on Australian news and information should be a wake-up call for the rest of the world.
  
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• Annual wage growth remains at record low

  24-02-2021 03:00 via businessnews.com.au
  
  Wages grew at a fractionally faster pace than expected in the final three months of 2020, but failed to lift the annual rate from a record low.
  
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• Copping criticism when you order an almond latte? This could be why

  24-02-2021 02:50 via abc.net.au
  
  Next time you're thinking about ordering an almond latte, it might be worth considering how eco-friendly that particular plant-based choice really is because the nut's production and environmental impact is under hot debate.
  
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• NSW Deputy Premier labels regional housing crisis 'champagne problem'

  24-02-2021 02:13 via abc.net.au
  
  Rental vacancies in many parts of regional NSW remain under 1 per cent, but NSW Deputy Premier John Barilaro says the demand is part of a"new renaissance" of the area.
  
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• Wages growth stuck at record low as public sector pay freezes bite

  24-02-2021 02:11 via abc.net.au
  
  A stronger-than-expected increase in private sector pay over the last three months of 2020 keeps wages growth above economist expectations, but pay rises remain at record lows.
  
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• 'Living paycheque to paycheque': Wage growth remains stuck at record lows

  24-02-2021 02:11 via abc.net.au
  
  A stronger-than-expected increase in private sector pay over the last three months of 2020 keeps wages growth above economist expectations, but pay rises remain at record lows.
  
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• Concerns high-voltage power network would be blight on 'beautiful, unspoilt country'

  24-02-2021 02:11 via abc.net.au
  
  The power company planning to put 200-kilometres of transmission lines through western Victoria releases more detailed plans.
  
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• 'Tidal wave' of renewables could force early coal power closures

  24-02-2021 02:07 via abc.net.au
  
  An analysis of Australia's energy market has found a number of the nation's coal-fired power stations could be financially unviable by 2025 and at least one may be forced to close early.
  
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• Perth confronts declining human capital

  24-02-2021 02:00 via businessnews.com.au
  
  WA’s mining boom may have had the unintended consequence of reducing the state’s stock of human capital, according to new research from the Committee for Perth.
  
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