Analyst news

• Opening of new mine marks start of a new era for historic nickel industry

  29-03-2021 23:52 via abc.net.au
  
  WA's Mines Minister will officially open a new nickel mine at Kambalda today, more than 50 years after the town was put on the map by the discovery of Australia's first nickel mine.
  
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• Hedge fund losses weigh on Wall Street

  29-03-2021 23:11 via abc.net.au
  
  Some of the world's biggest banks are facing huge losses after a US hedge fund defaulted on its loans linked to share trades.
  
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• ASX in the red as AGL gas import plan rejected

  29-03-2021 23:11 via abc.net.au
  
  Australian shares lose 1 per cent of their value and AGL Energy announces plans to split into a retailer and power generator as the Victorian government blocks its gas terminal proposal.
  
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• AGL split up plan helps drive ASX

  29-03-2021 23:11 via abc.net.au
  
  The Australian shares gains despite big global banks facing losses over a US hedge fund default.AGL Energy to split into a retailer and power generator.
  
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• Paying 'an arm and a leg' for hire cars jeopardising travel

  29-03-2021 22:41 via abc.net.au
  
  Tasmanian tourism operators are calling for an extension to free car travel on the Spirit of Tasmania
  
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• Holidays cancelled as tourists unable to find hire cars

  29-03-2021 22:41 via abc.net.au
  
  Tasmanian tourism operators are calling for an extension to free car travel on the Spirit of Tasmania
  
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• $2,300 for one week: 'Arm and leg' prices for car hire jeopardising travel

  29-03-2021 22:41 via abc.net.au
  
  Tasmanian tourism operators are calling for an extension to free car travel on the Spirit of Tasmania
  
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• Adani is paying millions to a Myanmar military-backed group, leaked documents show

  29-03-2021 22:35 via abc.net.au
  
  Adani has denied ever having engaged with Myanmar's military leadership over a controversial ports deal video and photos suggest otherwise.
  
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• Adani denies engaging with Myanmar’s military leaders over port deal but video suggests otherwise

  29-03-2021 22:35 via abc.net.au
  
  The Adani Group has denied ever having engaged with Myanmar's military leadership over a controversial ports deal but video and photos suggest otherwise.
  
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• Adani denies engaging with Myanmar’s military leaders over port deal but video suggest otherwise

  29-03-2021 22:35 via abc.net.au
  
  The Adani Group has denied ever having engaged with Myanmar's military leadership over a controversial ports deal but video and photos suggest otherwise.
  
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• The bizarre situation of one drink with three different tax rates

  29-03-2021 21:10 via abc.net.au
  
  The bizarre situation of having one drink made and taxed in different ways highlights the complicated and controversial intricacies of Australia’s alcohol excise code.
  
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• Is it a beer or spirit? The latest fad drink can be either according to tax law

  29-03-2021 21:10 via abc.net.au
  
  The bizarre situation of having one drink made and taxed in different ways highlights the complicated and controversial intricacies of Australia’s alcohol excise code.
  
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• Suez Canal traffic to resume as cargo ship fully floated

  29-03-2021 15:34 via abc.net.au
  
  Helped by the peak of high tide, a flotilla of tugboats manages to wrench the bow of the Ever Given from the canal's sandy bank, where it had been firmly lodged for a week.
  
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• 'She's free': Suez Canal traffic resumes as cargo ship fully floated

  29-03-2021 15:34 via abc.net.au
  
  Helped by the peak of high tide, a flotilla of tugboats manages to wrench the bow of the Ever Given from the canal's sandy bank, where it had been firmly lodged for a week.
  
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• Labor pledges a $15 billion manufacturing fund ahead of next election

  29-03-2021 13:30 via abc.net.au
  
  Federal Opposition leader Anthony Albanese will promise to establish a $15 billion "national reconstruction fund" if Labor wins the next election, ahead of the party's special policy conference beginning in Sydney.
  
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• Don't come here ... yet! Mayor pleads for Brisbane travellers to stay away

  29-03-2021 10:58 via abc.net.au
  
  A Sunshine Coast mayor is pleading for Brisbane holidaymakers to stay away from Noosa during the three-day lockdown, as some businesses announce they won't take guests from the state's capital.
  
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• 'Challenging and volatile': Billions worth of goods stranded in Suez Canal blockage

  29-03-2021 09:58 via abc.net.au
  
  Billions of dollars worth of goods ranging from IKEA furnishings to tens of thousands of livestock is stuck in a maritime traffic jam caused by the Suez Canal blockage.
  
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• 'Challenging and volatile': Aladdin's cave of goods stranded in Suez Canal blockage

  29-03-2021 09:58 via abc.net.au
  
  An Aladdin's cave of goods ranging from IKEA furnishings to tens of thousands of livestock is stuck in a maritime traffic jam caused by the Suez Canal blockage.
  
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• Graduate school a study in opportunity

  29-03-2021 09:57 via businessnews.com.au
  
  There are plenty of options for those who want to return to study after years in the workforce.
  
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• Luxury fashion brand founders in court battle

  29-03-2021 09:50 via businessnews.com.au
  
  The founders of Australian bespoke accessories brand The Daily Edited are locked in an acrimonious court battle over hundreds of thousands of dollars' worth of personal expenses that were booked up to the business.
  
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• 'Terrible for the people': Century-old Queensland saleyard holds final sale

  29-03-2021 09:47 via abc.net.au
  
  For more than a century, the Beaudesert saleyards have been a meeting place for locals across Queensland's Scenic Rim, but today saw the end of town's fortnightly pig and calf sale.
  
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• ASX and oil prices sink as ship refloats

  29-03-2021 09:30 via businessnews.com.au
  
  Shares closed a little lower on the Australian market as a coronavirus lockdown unfolded for Brisbane, and the refloating of a ship blocking the Suez Canal caused oil prices to fall.
  
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• $30m coastal apartments get go ahead

  29-03-2021 09:30 via businessnews.com.au
  
  Perth-based property developer ADC_ has today received development approval for its $30 million residential project at Leighton Beach.
  
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• $30m coastal apartments gets go ahead

  29-03-2021 09:27 via businessnews.com.au
  
  Perth-based property developer ADC_ has today received development approval for its $30 million residential project at Leighton Beach.
  
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• $227m Subiaco redevelopment begins

  29-03-2021 09:25 via businessnews.com.au
  
  The demolition of Princess Margaret Hospital has begun to make way for a $227 million multi-stage redevelopment of Subiaco East that will house more than 2,000 dwellings.
  
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• Price is right: Tourists vie for 13-hour daytrip from Mackay to Uluru

  29-03-2021 09:13 via abc.net.au
  
  Travellers, including a couple celebrating their fourth anniversary, have queued for hours to secure their spot on a trip that offers return flights, a sunset tour and a barbecue dinner.
  
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• GR Engineering wins Calidus work

  29-03-2021 09:00 via businessnews.com.au
  
  GR Engineering Services has confirmed it will complete the design and construction of a gold processing plant for Calidus Resources under a $75.5 million contract.
  
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• $38m in defence works for Duratec

  29-03-2021 09:00 via businessnews.com.au
  
  Wangara-based outfit Duratec has picked up $38 million in defence contracts, including $13 million of which will be handled by the company’s Indigenous-owned joint venture.
  
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• Spike in postgrad enrolments

  29-03-2021 08:58 via businessnews.com.au
  
  Whether to improve employment opportunities, secure a bigger salary, or simply scratch an educational itch, interest in postgraduate study is growing.
  
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• Apartment sales up in Q4

  29-03-2021 08:01 via businessnews.com.au
  
  Perth’s new apartment market recorded more than 400 sales during the fourth quarter of 2020, the highest volume recorded for a quarter since 2016, according to the latest data from Urbis.
  
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• Shifting gears in drive to success

  29-03-2021 08:00 via businessnews.com.au
  
  Business News is preparing to launch an exciting new chapter in its growth.
  
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• Vaccinations over 500,000 in Australia

  29-03-2021 07:00 via businessnews.com.au
  
  Australia has hit the half a million milestone for COVID-19 vaccinations but is way short of the four million jabs the government predicted just a few months ago.
  
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• Hard border for WA, Qld

  29-03-2021 06:43 via businessnews.com.au
  
  Travellers from Queensland are now banned from entering WA following updated advice from the state's health officials.
  
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• Sacked radio host unapologetic for 'silly little girl' comments, Brittany Higgins responds

  29-03-2021 06:42 via abc.net.au
  
  Brittany Higgins speaks out after sacked radio presenter Jeremy Cordeaux described her as a "silly little girl" who should have her "bottom smacked". The shock jock is refusing to retract his comments and thought the termination of his employment was an April Fools' Day joke.
  
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• Inside the downfall, planning the rebuild

  29-03-2021 06:25 via businessnews.com.au
  
  Business News looks inside the Liberal WA election campaign and recent years in opposition, from the pandemic, to strategy, leadership, internal ructions and more.
  
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• Giant container ship stuck in Suez Canal 'partially re-floated'

  29-03-2021 06:18 via abc.net.au
  
  A canal services firm says salvage teams have "partially re-floated" the colossal container ship Ever Given, which remains wedged across the Suez Canal.
  
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• Strandline secures $122m for Coburn

  29-03-2021 06:00 via businessnews.com.au
  
  Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.
  
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• Australian Vanadium project progresses

  29-03-2021 06:00 via businessnews.com.au
  
  Perth-based exploration company Australian Vanadium Limited is progressing its $522 million vanadium mine plan, referring the proposal to the EPA.
  
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• Cash to AG, Porter to industry

  29-03-2021 05:14 via businessnews.com.au
  
  Michaelia Cash will be attorney general, Linda Reynolds will take responsibility for the NDIS, and Christian Porter will be industry minister, after a federal cabinet reshuffle today.
  
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• Plantagenet Wines changes ownership

  29-03-2021 05:05 via businessnews.com.au
  
  Australia’s second oldest family business, Lionel Samson Sadleirs Group, has sold its Plantagenet Wine business to Tom Wisdom, the sixth-generation descendant of founder Lionel Samson.
  
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• REA to buy Mortgage Choice for $244m

  29-03-2021 05:00 via businessnews.com.au
  
  REA Group has proposed a $244 million purchase of the Mortgage Choice broking business.
  
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• NRW boosts order book by $170m

  29-03-2021 05:00 via businessnews.com.au
  
  Perth-based NRW Holdings has secured further work in Queensland under civil construction and mining contracts totalling $170 million.
  
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• Green light for Scarborough build to rent

  29-03-2021 04:10 via businessnews.com.au
  
  Sentinel Fund Manager Australia has received development approval for its 24-storey mixed-use project on the corner of West Coast Highway and Manning Street in Scarborough.
  
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• Nation responds to Brisbane virus lockdown

  29-03-2021 03:30 via businessnews.com.au
  
  A snap lockdown in Brisbane days out from the Easter weekend threatens to spark nationwide chaos.
  
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• Brisbane lockdown may spark national chaos

  29-03-2021 03:30 via businessnews.com.au
  
  A snap lockdown in Brisbane less than a week out from Easter threatens to spark nationwide chaos.
  
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• Australian resources exports nudging $300bn

  29-03-2021 03:00 via businessnews.com.au
  
  Australia's resources and energy exports are forecast to reach a record $296 billion in 2020/21, despite the global economic downturn driven by COVID-19.
  
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• 'Unlikely to get a good price': AMP fails to reach deal, ASX slips

  29-03-2021 02:09 via abc.net.au
  
  A fund manager says AMP's failure to secure the sale of a division within a 30-day exclusivity period is "indicative of the state the business is in". The local share market closes in the red.
  
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• AMP fails to reach a deal to sell part of business; ASX slips

  29-03-2021 02:09 via abc.net.au
  
  A 30-day exclusivity period on a proposed deal between AMP and US firm Ares expires, as speculation around the AMP CEO's future continues. The local share market dips into the red.
  
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• AMP fails to reach a deal to sell part of business; ASX rises

  29-03-2021 02:09 via abc.net.au
  
  A 30-day exclusivity period on a proposed deal between AMP and US firm Ares expires, as speculation around the AMP CEO's future continues. The local share market gains ground.
  
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• Mener Group sues directors over $1.2m debt

  29-03-2021 02:00 via businessnews.com.au
  
  Embattled residential construction company Mener Group has launched legal action against its former directors in a bid to recover the $1.27 million it owes its creditors.
  
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