Analyst news

• ASX, Wall Street slide as investors cash out of COVID 'reopening' trade

  20-04-2021 23:17 via abc.net.au
  
  Australian shares continue to slide as Wall Street drops for its second straight day amid concerns over a spike in global coronavirus cases affecting travel-related stocks and oil prices.
  
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• ASX, Wall St slide amid Netflix 'shocker' and as investors cash out of COVID 'reopening' trade

  20-04-2021 23:17 via abc.net.au
  
  The Australian share market ends lower despite stronger than expected retail sales.. Wall Street drops for its second straight day amid concerns over a spike in global coronavirus cases affecting travel-related stocks and oil prices.
  
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• ASX to drop, Wall Street slides as investors cash out of 'reopening' trade

  20-04-2021 23:17 via abc.net.au
  
  Australian shares are expected to slide again after Wall Street fell a second straight day amid concerns over a spike in global coronavirus cases affected travel-related stocks, and oil prices. 
  
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• Concerns digital currency Qoin 'doesn't make sense' as buyer demand falters

  20-04-2021 23:03 via abc.net.au
  
  Business owners have expressed uncertainty over the future of Qoin, an alternative way for customers to purchase goods, with concerns raised about misinformation and an inability to cash out. 
  
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• Renewable energy behind resurgence of vanadium exploration in North Qld

  20-04-2021 22:27 via abc.net.au
  
  Technological advances in battery storage of renewable energy are prompting a boom in vanadium exploration in mineral-rich North Queensland.
  
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• Big miners tackle big carbon budgets

  20-04-2021 22:02 via abc.net.au
  
  Fortescue Metals Group, the iron ore miner that emits 2 million tonnes of carbon per year, has announced it will go carbon neutral in nine years' time, well before the world's biggest carbon-emitting economies are planning.
  
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• Unloved apartments see prices fall despite record real estate boom

  20-04-2021 20:50 via abc.net.au
  
  While Australia’s property market is booming overall, apartments in certain big cities are lagging well behind, and still haven't recovered from their COVID-19 slump.
  
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• 'Don't buy apartments', buyers' agent warns despite big price drops in many suburbs

  20-04-2021 20:50 via abc.net.au
  
  While Australia’s property market is booming overall, apartments in certain big cities are lagging well behind, and still haven't recovered from their COVID-19 slump.
  
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• The insurance 'rort' that 'everyone's been in on for years'

  20-04-2021 20:45 via abc.net.au
  
  The big four banks are being dragged to court by regulators and in class action lawsuits over consumer credit insurance, also known as "junk insurance", a product sold to millions of customers.
  
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• 'Junk insurance' has been sold to millions. Now, bank customers want their money back

  20-04-2021 20:45 via abc.net.au
  
  The big four banks are being dragged to court by regulators and in class action lawsuits over consumer credit insurance, also known as "junk insurance", a product sold to millions of customers.
  
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• Australia's top diplomat warns Myanmar's coup could distract ASEAN

  20-04-2021 17:07 via abc.net.au
  
  Frances Adamson will give a speech today discussing Myanmar's 'catastophic' coup and rising tensions between China and South-East Asian nations in the South China Sea. 
  
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• Producers 'devastated' as Australia Post delivers crushing blow

  20-04-2021 11:22 via abc.net.au
  
  For producers who rely on the mail to supply their customers, Australia Post's decision to stop delivering perishable food is a "heavy blow" to say the least.
  
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• Farmers likely to be hit hard after China fails to renew dozens of hay export licences

  20-04-2021 11:19 via abc.net.au
  
  The hay trade to China is usually worth about $160 million a year, but Australia's largest exporter has warned trade issues will lead to a huge drop in demand.
  
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• Afterpay closer to US listing, sales climb

  20-04-2021 11:00 via businessnews.com.au
  
  Afterpay has confirmed it is closer to listing on a US stock market after North America overtook Australia and New Zealand as the biggest region for sales.
  
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• At Close of Business: Matthew McKenzie on Asian engagement

  20-04-2021 09:56 via businessnews.com.au
  
  In today's episode of At Close of Business, journalist Jordan Murray talks to journalist Matthew McKenzie about Asian engagement.
  
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• WA won't ease Anzac Day crowd restrictions

  20-04-2021 09:54 via businessnews.com.au
  
  The state government won't ease coronavirus restrictions on Anzac Day services despite some local events being cancelled.
  
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• Woolworths takes control of Quantium

  20-04-2021 09:30 via businessnews.com.au
  
  Woolworths Group has invested a further $223 million in Sydney-based Quantium, taking its stake in the data firm to 75 per cent.
  
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• ASX slumps as AUD rises to 78 US cents

  20-04-2021 09:30 via businessnews.com.au
  
  Australia's share market has pulled back from near-record heights, and the Aussie dollar climbed against the US after the Reserve Bank flagged winding up cheap credit for banks.
  
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• Iconic Sydney hotel once owned by Hollywood star for sale for first time in more than 40 years

  20-04-2021 09:16 via abc.net.au
  
  A pub that put Hollywood in the heart of central Sydney is being sold with industry insiders saying the sale of the establishment once owned by former actress Doris Goddard could fetch $10 million.
  
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• Wyatt scores board role

  20-04-2021 09:15 via businessnews.com.au
  
  Former Western Australian treasurer Ben Wyatt has been appointed to the board of medical research organisation Telethon Kids Institute, his first role since leaving from politics.
  
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• GWR plans for $5 million gold spinout

  20-04-2021 09:00 via businessnews.com.au
  
  GWR Group has revealed plans to demerge its Wiluna West gold project into a new listed entity, following a major resource upgrade.
  
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• Act with integrity: Crown commission chair

  20-04-2021 08:06 via businessnews.com.au
  
  The Perth Casino Royal Commission chair has urged the parties involved to be respectful, courteous and to act with integrity as the commission held its second hearing today.
  
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• RAAF celebrates a century of service

  20-04-2021 08:00 via businessnews.com.au
  
  The air force’s relationship with WA continues to grow in importance.
  
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• PM promises industry shield from net zero

  20-04-2021 08:00 via businessnews.com.au
  
  Scott Morrison has pledged to protect industry on the road to net zero, ahead of a global climate summit where Australia will join other major carbon emitters.
  
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• Labour supply issues reach Rio

  20-04-2021 07:13 via businessnews.com.au
  
  Rio Tinto has reported a slump in quarterly iron ore production and disclosed issues with plant reliability and labour availability but still maintained full-year guidance.
  
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• Aust Potash progresses WA project

  20-04-2021 07:00 via businessnews.com.au
  
  Australian Potash has secured further funding required for the development of its Lake Wells project in WA while asserting the quality of its K-Brite fertiliser product.
  
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• Probe of 'COVID control breaches'

  20-04-2021 05:22 via businessnews.com.au
  
  An investigation is now underway after four Royal Perth Hospital staff were forced into quarantine over two alleged COVID-19 personal protective equipment breaches.
  
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• RBA sticks to script of low rate outlook

  20-04-2021 05:00 via businessnews.com.au
  
  The minutes of the Reserve Bank's April board meeting have reiterated that the cash rate will stay at a record low 0.1 per cent until 2024.
  
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• Perth unit sales up

  20-04-2021 05:00 via businessnews.com.au
  
  Perth unit sales during the March 2021 quarter reached the highest volume recorded since 2013, according to the latest data from the Real Estate Institute of Western Australia.
  
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• Western Areas boosts nickel output

  20-04-2021 04:30 via businessnews.com.au
  
  Nickel miner Western Areas has posted a 20 per cent rise in quarterly production, as the company looks to bolster its WA operations with the development of its Odysseus project.
  
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• Tourism 'mecca' dream turns sour as company director slapped with a 20-year ban

  20-04-2021 04:16 via abc.net.au
  
  A bid to turn Mission Beach and Dunk Island into a tourism hotspot is all but over with the man behind the scheme banned from fundraising and advertising financial products.
  
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• Man arrested after allegedly pointing laser at police helicopter

  20-04-2021 03:24 via abc.net.au
  
  A Lewiston man who allegedly shone a laser pointer at the SA Police helicopter could face up to 20 years in jail.
  
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• Vaccine sprint to salvage rollout

  20-04-2021 03:00 via businessnews.com.au
  
  Australians over 50 could be soon given access to the AstraZeneca coronavirus vaccine under a major reset of the federal government's troubled rollout.
  
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• Still no vaccine timetable despite 'reset'

  20-04-2021 03:00 via businessnews.com.au
  
  Australia's health experts say even with the proposed reset of the COVID-19 vaccination program there is no way of putting a timetable on its completion.
  
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• Doctors warn over virus vaccine confidence

  20-04-2021 03:00 via businessnews.com.au
  
  Doctors have warned Australia's major coronavirus vaccine challenge is now public confidence after advice on extremely rare side effects.
  
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• Deregulation key part of May budget: PM

  20-04-2021 03:00 via businessnews.com.au
  
  Scott Morrison says a $120 billion deregulation package in next month's budget will aim to put business in the driving seat of Australia's economic recovery.
  
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• Deregulation key part of May budget: Morrison

  20-04-2021 03:00 via businessnews.com.au
  
  The prime minister says a $120 billion deregulation package in next month's budget will aim to put business in the driving seat of Australia's economic recovery.
  
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• Concerns over Asian trade strategy shift

  20-04-2021 02:00 via businessnews.com.au
  
  Stakeholders are worried changes to WA’s Asian engagement strategy indicates a withdrawal from key markets.
  
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• Dreamings turned into benchtops: Traditional owners' sadness as granite miner escapes prosecution

  20-04-2021 00:32 via abc.net.au
  
  The inspiration for a Dreamings artwork projected onto Sydney Opera House — a sacred place in the Kimberley — was blown to bits by a granite mining company in 2019. But they won't face prosecution.
  
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