Analyst news

• Warren Buffett picks his successor, ASX rises as RBA flags more stimulus

  03-05-2021 23:23 via abc.net.au
  
  Australian shares have risen as the Reserve Bank kept rates on hold, and flagged the idea of more stimulus ahead. Warren Buffett ends years of speculation by announcing his successor.
  
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• Warren Buffett picks his successor, ASX rises ahead of Reserve Bank decision

  03-05-2021 23:23 via abc.net.au
  
  Australian shares have risen after Wall Street closed mostly higher, and on expectations the RBA will announce no policy changes today.
  
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• Scorn and sabotage no match for Iran's 'Miss Detailer'

  03-05-2021 22:35 via abc.net.au
  
  Maryam Roohani's initial successes in her Iranian workplace drew resentment from male colleagues — and at times, even sabotage. Not only did she break through it to secure her success, she's inspiring other young girls in the process.
  
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• ‘Give the chance for dads to see how difficult it is’: Why paid parental leave is a ‘game changer’

  03-05-2021 21:32 via abc.net.au
  
  Increased childcare subsidies have been one of the government's early budget leaks, but many experts say the policy is a long way short of what's needed to put men and women on equal terms when it comes to children and work.
  
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• What's the catch behind the 'record low' Jetstar, Virgin and Rex airfares?

  03-05-2021 19:52 via abc.net.au
  
  Three Australian airlines have kicked off a price war, with Sydney to Melbourne flights as low as $30. But a leading aviation expert says there are huge drawbacks to these cut-throat discount flights.
  
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• Fire at Sino Iron

  03-05-2021 14:55 via businessnews.com.au
  
  There are no reports of injury after a fire broke out at Citic Pacific's multibillion dollar Sino Iron operation at Cape Preston on Monday afternoon.
  
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• Ex-Post boss Holgate weighs legal options

  03-05-2021 11:00 via businessnews.com.au
  
  Former Australia Post boss Christine Holgate has threatened legal action against the government over her bitterly contested departure after a luxury watches scandal.
  
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• Dockers game in possible venue switch

  03-05-2021 11:00 via businessnews.com.au
  
  A match between the Fremantle Dockers and Brisbane Lions scheduled for this Sunday could be changed from Optus Stadium, amid the state’s ongoing COVID-19 situation.
  
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• Vaccine rollout expanded to people over 50

  03-05-2021 09:54 via businessnews.com.au
  
  All Australians over 50 have access to coronavirus vaccines as health experts move to reassure people the AstraZeneca jab is safe.
  
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• Macknay to lead HSF

  03-05-2021 09:54 via businessnews.com.au
  
  Perth’s largest law firm will be led by a woman for the first time, with Elizabeth Macknay appointed office managing partner of Herbert Smith Freehills.
  
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• Banks enjoy optimism after Westpac profit

  03-05-2021 09:50 via businessnews.com.au
  
  Westpac's rebound in earnings has made investors optimistic that other banks due to report this week will produce a similar bounce from the COVID doldrums.
  
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• Research uncovers sustainable mining method

  03-05-2021 09:47 via businessnews.com.au
  
  A new mining method that uses ‘electromigration’ to unearth metals could replace traditional digging, according to researchers at the University of Western Australia and CSIRO.
  
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• At Close of Business: Madeleine Stephens on Wineries

  03-05-2021 09:45 via businessnews.com.au
  
  On today's episode of At Close of Business, Jordan Murray talks to journalist Madeleine Stephens about how WA's wineries are dealing with China's tariffs and the COVID-19 pandemic.
  
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• CCGS progresses playing fields plan

  03-05-2021 09:41 via businessnews.com.au
  
  Christ Church Grammar School is advancing its plans to acquire state government land near its existing St John’s Wood playing fields, proposing a $20 million expansion project.
  
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• Ex-Alcoa chair to lead Freo Ports

  03-05-2021 09:30 via businessnews.com.au
  
  Former managing director and chair of Alcoa of Australia Michael Parker has been appointed chief executive of Fremantle Ports.
  
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• St George, Caravel raise $15m for WA projects

  03-05-2021 09:00 via businessnews.com.au
  
  Caravel Minerals will use $7.5 million raised from a share placement to fast-track the development of its namesake copper project in the Wheatbelt while St George Mining is raising $7 million.
  
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• Adaman Resources into administration

  03-05-2021 09:00 via businessnews.com.au
  
  A privately-owned mining group owned by a trio of high-profile contractors has gone into voluntary administration owing creditors more than $100 million.
  
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• Seven finalises news content deals

  03-05-2021 08:00 via businessnews.com.au
  
  Seven West has finalised a five-year content-sharing deal with Google and signed another three-year deal with Facebook.
  
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• Remote areas miss WFH benefits

  03-05-2021 08:00 via businessnews.com.au
  
  The option to work from home is expected to become part of the new normal for many Australians, even once the risks of COVID-19 have eased.
  
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• RemSense to list on ASX

  03-05-2021 07:00 via businessnews.com.au
  
  Perth tech company RemSense looks set to list on the ASX after completing its pre-IPO funding round.
  
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• Hesperia presses go on $65m project

  03-05-2021 07:00 via businessnews.com.au
  
  PACT Construction has started construction on Hesperia’s $65 million Victoria House residential development, located within Montario Quarter.
  
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• Trio fined over $3m in illegal sandalwood exports

  03-05-2021 06:54 via businessnews.com.au
  
  Three people have narrowly avoided jail and have been slapped with $97,000 in fines after being found guilty of illegally exporting $3 million worth of sandalwood.
  
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• Real estate agent wins appeal against 'unconscionable conduct' finding after buying pensioner's house below market value

  03-05-2021 06:40 via abc.net.au
  
  Adelaide real estate agent Zane Pitt says he is "very, very happy" after a court ruled that the pensioner he bought a house from for $175,000 did not have a "special disadvantage" during the transaction. Mr Pitt's daughter subdivided and built two properties on the block, which went on to sell for a total of $765,000.
  
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• Pressure on Victoria's coal power is both economic and policy-driven, analysts say

  03-05-2021 06:36 via abc.net.au
  
  Analysts say more coal-fired power plant closures are likely after the Victorian Government announced its plan to halve emissions by the end of the decade. 
  
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• OncoRes advances ‘breakthrough’ cancer device

  03-05-2021 06:30 via businessnews.com.au
  
  A WA-developed imaging device that can substantially improve surgery outcomes for breast cancer patients has received a major accreditation from the US Food and Drug Administration.
  
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• Premier to repay $15m in JobKeeper

  03-05-2021 05:00 via businessnews.com.au
  
  Retail magnate Solomon Lew's Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer funds.
  
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• Premier Investments to repay $15m in JobKeeper

  03-05-2021 05:00 via businessnews.com.au
  
  Retail magnate Solomon Lew's Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer funds.
  
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• Premier Investments to repay $15 million in JobKeeper

  03-05-2021 05:00 via businessnews.com.au
  
  Retail magnate Solomon Lew's Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer funds.
  
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• Financial adviser faces more charges

  03-05-2021 05:00 via businessnews.com.au
  
  Further charges have been brought against Perth-based financial adviser Rahul Goel, including counts of dishonest conduct and false certification of documents.
  
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• 'Ambitious' plan to build Australia's longest road tunnel revealed

  03-05-2021 04:49 via abc.net.au
  
  The Blue Mountains could become home to Australia’s longest road tunnel, as part of an “ambitious” proposal for the Great Western Highway upgrade. But some locals fear the plan will make traffic worse.
  
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• Jacinda Ardern says differences between NZ and China 'becoming harder to reconcile'

  03-05-2021 04:30 via abc.net.au
  
  Jacinda Ardern says there are things on which China and New Zealand "do not, cannot, and will not agree", but these differences need not define their relationship.
  
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• House price growth pace slows

  03-05-2021 04:17 via businessnews.com.au
  
  While Western Australia has recorded solid growth in residential property values in recent months, it’s still yet to catch up to its east coast counterparts.
  
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• Westpac first-half profit soars as economy strengthens

  03-05-2021 04:00 via businessnews.com.au
  
  Westpac has posted a rebound in earnings from a year ago as an improved economic outlook boosted loan activity in its key mortgage business.
  
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• Solid economy helps Westpac lift first-half profit

  03-05-2021 04:00 via businessnews.com.au
  
  Westpac has posted a rebound in half-year earnings as an improving economy helped it dodge potential pitfalls and boosted activity in the key home loans market.
  
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• Contractor fatality in WA

  03-05-2021 04:00 via businessnews.com.au
  
  GWR Group has confirmed a fatality involving one of its contractor’s trucks, which rolled over on Goldfields Highway yesterday while transporting iron ore to the Port of Geraldton.
  
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• COVID exposure sites to rise after drivers test positive

  03-05-2021 03:40 via businessnews.com.au
  
  The number of potential COVID exposure sites is expected to increase substantially today, as WA health authorities retrace the steps of two COVID positive food delivery drivers.
  
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• COVID exposure sites rise after drivers test positive

  03-05-2021 03:40 via businessnews.com.au
  
  The number of potential COVID exposure sites is expected to increase substantially today, as WA health authorities retrace the steps of two COVID positive food delivery drivers.
  
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• Perth mask rule 'may become longer-term'

  03-05-2021 03:00 via businessnews.com.au
  
  Western Australians face the prospect of an extended period of mask-wearing as the state seeks to avoid another coronavirus lockdown.
  
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• 'Momentum is coming off' but house prices are still growing six times faster than average

  03-05-2021 02:10 via abc.net.au
  
  House price gains ease off in April, but are still around six times the historical average monthly rate of growth, according to CoreLogic.
  
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• House prices coming off the boil, but they're still bubbling at an extremely fast simmer

  03-05-2021 02:10 via abc.net.au
  
  House price gains ease off in April, but are still around six times the historical average monthly rate of growth, according to CoreLogic.
  
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• House price gains slow, but not by much, CoreLogic figures show

  03-05-2021 02:10 via abc.net.au
  
  House price gains ease off in April, but are still around six times the historical average monthly rate of growth, according to CoreLogic.
  
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• Crewman who allegedly fled livestock ship in north Queensland seeks asylum

  03-05-2021 01:52 via abc.net.au
  
  An international crew member who allegedly fled a ship docked offshore from Townsville in north Queensland and is seeking asylum in Australia has been tested for COVID-19 after handing himself in to police.
  
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• Crewman being tested for COVID-19 after fleeing livestock ship in north Queensland

  03-05-2021 01:52 via abc.net.au
  
  An international crew member who allegedly fled a ship docked offshore in Townsville in north Queensland seeking asylum in Australia is being tested for COVID-19 after handing himself in to police.
  
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• Westpac profit rebounds as home loans grow; retailer Premier to repay JobKeeper

  03-05-2021 00:54 via abc.net.au
  
  Westpac's net profit more than doubles amid pandemic recovery. Premier Investments, owner of Smiggle and Peter Alexander, will return $15.6 million in JobKeeper funds to the ATO.
  
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• Westpac profit rebounds as home loans grow

  03-05-2021 00:54 via abc.net.au
  
  Westpac's net profit more than doubles amid pandemic recovery.
  
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• WA Ballet hires new executive director

  03-05-2021 00:30 via businessnews.com.au
  
  West Australian Ballet has appointed international businessman Olivier David as its executive director, after a lengthy national search.
  
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