Analyst news

• GameStop plunges on weak earnings; ASX steady after Wall St tech sell-off

  24-03-2021 21:53 via abc.net.au
  
  Australian shares are trading flat after Wall Street's big tech stocks experienced heavy falls, while "meme stock" GameStop was also caught in the sell-off.
  
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• ASX to slip, Wall Street tech stocks fall as mood turns 'fairly fragile'

  24-03-2021 21:53 via abc.net.au
  
  The local share market is expected to open lower, as Wall Street's major technology stocks were sold off and the Australian dollar hit a three-month low.
  
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• AMP stops trading on speculation of CEO quitting; ASX closes higher

  24-03-2021 21:53 via abc.net.au
  
  AMP shares plunge on media reports that its chief executive Francesco De Ferrari will resign, while oil prices rebound and the Australian share market closes marginally higher.
  
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• The population in this south-east Queensland region is set to exceed Tasmania. Here's how they'll manage.

  24-03-2021 20:55 via abc.net.au
  
  South-east Queensland's population is predicted to surge by more than 2 million people by 2036 and community groups in the Moreton Bay region are opposing the proliferation of developments proposed to cater for the population boom.
  
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• The population in this south-east Queensland region is set to exceed Tasmania by 2032. Here's how they'll manage the surge.

  24-03-2021 20:55 via abc.net.au
  
  South-east Queensland's population is predicted to surge by more than 2 million people by 2036 and community groups in the Moreton Bay region are opposing the proliferation of developments proposed to cater for the population boom.
  
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• Global timber shortages and HomeBuilder scheme to blame for building delays

  24-03-2021 20:20 via abc.net.au
  
  A sharp increase in global demand for building products during the COVID-19 pandemic is causing delays on Australian construction sites and prompting calls for changes to the HomeBuilder scheme.
  
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• Australians with rooftop solar panels could soon be charged for exporting electricity into the grid

  24-03-2021 19:56 via abc.net.au
  
  In a move predicted to lower most people's power bills, the Australian Energy Market Commission is recommending a current ban on charging people for exporting energy into the grid be removed. But not everyone is happy.
  
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• Golden appointment for Carter

  24-03-2021 17:00 via businessnews.com.au
  
  Kelly Carter has been made chair of the Gold Industry Group, replacing Richard Hayes.
  
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• 'Strong winds' pegged as cause for container ship becoming stuck in Suez Canal

  24-03-2021 16:38 via abc.net.au
  
  A skyscraper-sized container ship wedged across Egypt's Suez Canal blocking all traffic in the vital waterway could take at least two days to dislodge, creating a backlog in global shipping.
  
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• Container ship stuck in Suez Canal could take days to dislodge

  24-03-2021 16:38 via abc.net.au
  
  A skyscraper-sized container ship wedged across Egypt's Suez Canal blocking all traffic in the vital waterway could take at least two days to dislodge, creating a backlog in global shipping.
  
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• EPA to review Oz Minerals' $1bn nickel plan

  24-03-2021 08:53 via businessnews.com.au
  
  The state’s peak environmental body will assess the social and environmental impacts of Oz Minerals’ $1 billion nickel project in the West Musgrave Ranges.
  
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• EPA review Oz Minerals' $1b nickel plan

  24-03-2021 08:53 via businessnews.com.au
  
  The state’s peak environmental body will assess the social and environmental impacts of Oz Minerals’ $1 billion nickel project in the West Musgrave Ranges.
  
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• Crown under investigation for wage theft

  24-03-2021 08:50 via businessnews.com.au
  
  Casino giant Crown has admitted it could have underpaid more than 200 workers around $2 million as part of an ongoing wage theft investigation.
  
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• Element 25 seeks $36m for Butcherbird

  24-03-2021 08:30 via businessnews.com.au
  
  Element 25 has sought funding to expand manganese production at its Butcherbird Project located south of Newman.
  
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• ASX up 0.5%, dollar slips to 75 US cents

  24-03-2021 08:30 via businessnews.com.au
  
  Australia's share market bucked a downwards trend across most markets, possibly helped by the Aussie dollar falling to 75 US cents.
  
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• Stars pay tribute at Michael Gudinski memorial

  24-03-2021 08:11 via abc.net.au
  
  Music stars including Kylie Minogue,  Paul Kelly, Jimmy Barnes, Sting and Ed Sheeran take part in an emotional state farewell to Michael Gudinski at Melbourne's Rod Laver Arena.
  
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• Michael Gudinski remembered as Australian rock industry pioneer

  24-03-2021 08:11 via abc.net.au
  
  About 7,200 people have gathered in Melbourne to commemorate the life of Australian music icon Michael Gudinski who died earlier this month. 
  
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• Live: Stars pay tribute at Michael Gudinski memorial

  24-03-2021 08:11 via abc.net.au
  
  About 7,200 people have gathered in Melbourne to commemorate the life of Australian music icon Michael Gudinski who died earlier this month. 
  
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• Ed Sheeran, Kylie Minogue to perform at state memorial for Michael Gudinski

  24-03-2021 08:11 via abc.net.au
  
  Guests and dignitaries are arriving at Rod Laver Arena in Melbourne for the state memorial for Australian music industry figure Michael Gudinski.
  
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• Ed Sheeran breaks down as stars farewell music industry icon Michael Gudinski

  24-03-2021 08:11 via abc.net.au
  
  There was lots of live music including Kylie Minogue and Ed Sheeran and emotional tributes at the state memorial for music industry icon Michael Gudinski in Melbourne was hailed as a "genuine music man".
  
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• North Korea identified as 'key target market' by government-funded wool body

  24-03-2021 08:09 via abc.net.au
  
  AWI chief Stuart McCullough says he'll amend a strategic document to make it clear that selling wool to North Korea – which is illegal – is "probably aspirational".
  
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• Kalium lifts Beyondie expectations

  24-03-2021 08:00 via businessnews.com.au
  
  Potash player Kalium Lakes has raised the production capacity for its Beyondie project in the Pilbara, which is expected to begin production later this year.
  
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• 'Doesn’t work on a cloudy, hot, or windy day': Outback phone towers leave locals offline

  24-03-2021 07:50 via abc.net.au
  
  Graziers in Far West NSW have been left frustrated with unreliable telecommunications towers in the bush.
  
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• JDAP divided over $13m Broadway plan

  24-03-2021 07:08 via businessnews.com.au
  
  The Development Assessment Panel has affirmed its decision to approve a $13 million mid-rise development in Nedlands, a proposal which divided the panel, the council, and its planning consultancy.
  
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• Burgundy to acquire Kimberley diamond project

  24-03-2021 06:00 via businessnews.com.au
  
  Burgundy Diamond Mines has signed an option deed to acquire Gibb River Diamonds’ Ellendale diamond project in northern WA.
  
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• Australia recovery world leading: Treasury

  24-03-2021 05:00 via businessnews.com.au
  
  Treasury chief Steven Kennedy believes few countries have achieved what Australia has in responding to last year's recession – relatively good health outcomes, smaller economic impacts and now, rapid recovery.
  
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• Australia hits right balance in recovery

  24-03-2021 05:00 via businessnews.com.au
  
  Treasury secretary Steven Kennedy believes Australia has struck the right balance in steering the economy in its recovery from recession.
  
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• 'We deserve better': As COVID-19 rips through my city, I fear I can't keep my family safe

  24-03-2021 04:52 via abc.net.au
  
  I live with six others in Port Moresby, which is at the centre of PNG's COVID-19 outbreak. If one of us tests positive to this deadly virus, I am unsure how we will be able to isolate ourselves.
  
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• This is what it's like to live in the middle of PNG's COVID-19 crisis

  24-03-2021 04:52 via abc.net.au
  
  I live with six others in Port Moresby, which is at the centre of PNG's COVID-19 outbreak. If one of us tests positive to this deadly virus, I am unsure how we will be able to isolate ourselves.
  
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• Planning body backs Vic Park aged care

  24-03-2021 04:12 via businessnews.com.au
  
  A proposal to develop a $22 million 120-bed aged facility has been recommended for approval, despite the Town of Victoria Park not supporting the project.
  
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• Mixed response to mixed reality

  24-03-2021 04:06 via businessnews.com.au
  
  A new mixed reality platform may not function to everyone’s taste, but there’s plenty of room for further development.
  
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• Rex to challenge 'fare gouging' Qantas with Sydney-Canberra flights

  24-03-2021 03:41 via abc.net.au
  
  Country airline Regional Express (Rex) will launch flights between Sydney and Canberra next month, breaking Qantas's monopoly and accusing the carrier of price gouging. 
  
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• Tent city to outback 'Hollywood': How an historic mining town revived itself three times

  24-03-2021 03:34 via abc.net.au
  
  The outback town of Leigh Creek has survived two revivals and now faces a third thanks to a multimillion-dollar state government overhaul and a band of determined residents the stories of the township to fade.
  
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• Premier won't repay subsidy despite profit

  24-03-2021 03:30 via businessnews.com.au
  
  Premier Investments, owner of retail chains including Peter Alexander and Just Jeans, has defended not repaying $15.6 million in JobKeeper assistance after reporting an 88 per cent profit increase.
  
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• Alternative pathways to university

  24-03-2021 03:08 via businessnews.com.au
  
  The linear route from high school to uni is no longer the only course to follow
  
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• This is what a container-ship traffic jam looks like

  24-03-2021 02:47 via abc.net.au
  
  The Ever Given container ship was en route to the Netherlands when it came into a spot of bother on one of the busiest shipping lanes in the world. 
  
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• Maritime traffic jam as 400-metre container ship gets stuck in Suez Canal

  24-03-2021 02:47 via abc.net.au
  
  The Ever Given container ship was en route to the Netherlands when it came into a spot of bother on one of the busiest shipping lanes in the world. 
  
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• Fees freeze for schools

  24-03-2021 02:08 via businessnews.com.au
  
  The rapid growth in private school fees has slowed in 2021, but socio- economic status remains a big factor in educational outcomes.
  
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• Expect post-Jobkeeper jobless rate 'bump'

  24-03-2021 02:00 via businessnews.com.au
  
  Treasury boss Steven Kennedy expects a "bump" in the unemployment rate as the JobKeeper wage subsidy comes to an end next week.
  
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• Expect jobless rate 'bump' after JobKeeper

  24-03-2021 02:00 via businessnews.com.au
  
  Treasury boss Steven Kennedy expects a "bump" in the unemployment rate as the JobKeeper wage subsidy comes to an end next week.
  
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• Gonski weighs in on segregation

  24-03-2021 01:30 via businessnews.com.au
  
  Australian schools are becoming increasingly segregated by socioeconomic factors, according to new research from the Gonski Institute at the University of New South Wales.
  
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• Large majority of Australians want to keep working remotely after COVID experience

  24-03-2021 01:26 via abc.net.au
  
  Three quarters of Australians want to keep working remotely in some capacity, and 16 per cent never want to return to the workplace.
  
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• Charges against ATO whistleblower Richard Boyle could be dropped

  24-03-2021 01:26 via abc.net.au
  
  Prosecutors are considering dropping charges against Australian Taxation Office whistleblower Richard Boyle.
  
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• After years of discussion, Adelaide is no closer to getting an east-west bikeway

  24-03-2021 01:19 via abc.net.au
  
  A continuous bike path connecting Adelaide's west end with an existing north-south bikeway in the eastern CBD is knocked back, following concerns over its impact on parking and businesses.
  
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• Long hours, new businesses but few staff to fill the roster

  24-03-2021 00:45 via abc.net.au
  
  Darren Lynch and Pina Somerville pivoted their Darwin restaurant business to survive the COVID-19 shutdown, but a year now they can't find staff.
  
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