Analyst news

• Townsville set to burst at seams as footy fans flock north for Origin

  31-05-2021 23:55 via abc.net.au
  
  A tent city may be on the cards to help Townsville meet a surge in demand for accommodation as footy fans flock north for this year's opening State of Origin clash.
  
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• Property investor 'frenzy' starts edging first home buyers out of the housing market

  31-05-2021 23:54 via abc.net.au
  
  Investors keen to capitalise on soaring house prices are making a comeback. Banks are adding to the frenzy by slashing investor rates. It's all likely to add to the woes of first-home buyers. 
  
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• 'Fortune favours the brave': Investors return to the property market

  31-05-2021 23:54 via abc.net.au
  
  Investors keen to capitalise on soaring house prices are making a comeback. Banks are adding to the frenzy by slashing investor rates. It's all likely to add to the woes of first-home buyers. 
  
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• Want to support your local farmers? Just click 'subscribe'

  31-05-2021 23:46 via abc.net.au
  
  Would you be interested in having your meat delivered weekly from a farm up the road — bypassing the supermarkets and making connections with a farming community?
  
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• RBA tipped to unveil $50b stimulus extension next month, ASX drops from record high

  31-05-2021 23:33 via abc.net.au
  
  The Reserve Bank hints it may inject more stimulus into Australia's economy to super-charge its recovery from COVID-19, although the amount of support may taper off, while maintaining interest rates near zero.
  
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• RBA keeps interest rates on hold, ASX drops from record high

  31-05-2021 23:33 via abc.net.au
  
  The Reserve Bank has flagged the possibility of injecting more stimulus into Australia's economy, while maintaining interest rates near zero for now.
  
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• ASX to fall ahead of Reserve Bank decision

  31-05-2021 23:33 via abc.net.au
  
  The Reserve Bank is unlikely to reveal much this afternoon, having already flagged that July will be the key meeting where it decides whether to roll back or extend its $200 billion stimulus measures.
  
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• ASX drops from record high ahead of Reserve Bank decision

  31-05-2021 23:33 via abc.net.au
  
  The Reserve Bank is unlikely to reveal much this afternoon, having already flagged that July will be the key meeting where it decides whether to roll back or extend its $200 billion stimulus measures.
  
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• McArthur River Mine praised by independent monitor, leaving environmentalists ‘bewildered’

  31-05-2021 23:00 via abc.net.au
  
  A new report has found the NT's McArthur River Mine has achieved a high level of compliance, with no significant environmental concerns in need of urgent investigation. Environmentalists have condemned the assessment as a "tick-and-flick exercise".
  
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• 'Doesn't seem fair': When an agent proposed a 15pc rent hike, this single mum decided to stand up for her rights

  31-05-2021 22:27 via abc.net.au
  
  With median vacancy rates below one-third of what's considered "balanced", there are concerns many renters are taking dud deals just to secure a property.
  
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• At Close of Business: Katie McDonald, Jesinta Burton on Leederville

  31-05-2021 10:04 via businessnews.com.au
  
  In today's episode of At Close of Business, journalists Jordan Murray, Jesinta Burton and Katie McDonald discuss the City of Vincent's new plans for Leederville.
  
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• ASX strikes gold with explorers

  31-05-2021 10:03 via businessnews.com.au
  
  Larvotto Resources is among a long list of gold explorers seeking to trade on the ASX, this month announcing plans to raise up to $10 million through its IPO.
  
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• ASX's record high, eight months of gains

  31-05-2021 10:00 via businessnews.com.au
  
  Australia's share market set an all-time high as it finally climbed above levels of early last year, days before the coronavirus crash began.
  
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• EPA okays lithium refinery

  31-05-2021 09:38 via businessnews.com.au
  
  The Environmental Protection Authority has recommended that Covalent Lithium’s planned lithium refinery at Kwinana - the third in WA - should proceed.
  
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• Palmer loses fight to halt Sino Iron legal proceedings

  31-05-2021 09:32 via businessnews.com.au
  
  The Supreme Court has thwarted an attempt by Clive Palmer’s mining company, Mineralogy, to halt a long-running court action with Sino Iron over a proposed mine expansion.
  
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• DRA Global to list on ASX

  31-05-2021 09:19 via businessnews.com.au
  
  International engineering company DRA Global has pressed the button on its long-anticipated ASX float, after a major ownership restructure earlier this year.
  
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• Australia gives China a run as world's biggest gold producer

  31-05-2021 09:15 via abc.net.au
  
  New figures show Australia is challenging China for the title of the world's biggest gold producer, but experts say it is too early to tell if Australia will take over top spot.
  
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• GR improves outlook amid worker shortage

  31-05-2021 09:00 via businessnews.com.au
  
  GR Engineering Services has said its workforce continues to grow amid a tightening labour market, with its full-year revenue now expected to be as much as $390 million.
  
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• Port fee increase to deliver $195m windfall

  31-05-2021 08:42 via businessnews.com.au
  
  Charges at Port Hedland port will increase by 25 per cent, a move expected to help the state government raise almost $200 million over the next four years.
  
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• JobKeeper ends, employment down

  31-05-2021 08:00 via businessnews.com.au
  
  A nationwide run of six consecutive months of employment growth was halted in April 2021, with the number of people employed falling by 30,600 as JobKeeper came to an end.
  
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• Porter drops defamation action against ABC

  31-05-2021 07:47 via businessnews.com.au
  
  Former federal Attorney-General Christian Porter has discontinued his defamation action against the ABC and journalist Louise Milligan.
  
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• Safety upgrades touted for Sturt Highway

  31-05-2021 07:40 via abc.net.au
  
  New roundabouts, overtaking lanes plus a bypass are set to improve safety along notorious stretches of the Sturt Highway.
  
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• Perenti confirms mining fatality

  31-05-2021 07:30 via businessnews.com.au
  
  Perenti has revealed a miner working for its Ghanaian joint venture has been found deceased, following an underground collapse at AngloGold Ashanti’s Obuasi mine earlier this month.
  
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• Crews retrieve worker after fall at Karrinyup redevelopment

  31-05-2021 07:27 via businessnews.com.au
  
  Emergency Services crews converged on the construction site of the Karrinyup Shopping Centre redevelopment this morning after a young worker fell from a ladder on the third floor.
  
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• Original 'Pub with no Beer' up for sale

  31-05-2021 05:10 via abc.net.au
  
  Ingham's Lee's Hotel — the original Pub With No Beer made famous by the Slim Dusty song — is up for sale for the first time in half a century.
  
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• Renewables and travel curbs cut emissions

  31-05-2021 05:00 via businessnews.com.au
  
  A rise in renewable electricity and curbed transport industry activity have helped to drive down Australia's greenhouse gas emissions.
  
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• Australian gold output down in early 2021

  31-05-2021 04:30 via businessnews.com.au
  
  Australian gold production was down 11 per cent in the first three months of the year, according to Melbourne-based consultancy Surbiton Associates.
  
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• Little demand for loans outside of housing

  31-05-2021 04:00 via businessnews.com.au
  
  The Australian economy may be growing at a solid clip with confidence at multi-year highs, but there are few signs people are willing to take on a loan outside of housing.
  
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• Housing loans grow fastest in two years

  31-05-2021 04:00 via businessnews.com.au
  
  Australia's booming housing market has seen the amount of home loans in the economy build to the highest level in over two years.
  
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• Electricity interconnector tipped to drive down prices in NSW and SA approved by regulator

  31-05-2021 03:18 via abc.net.au
  
  A $2 billion electricity transmission line expected to deliver long-term cheaper power in SA and NSW by allowing more generation from renewables is given the green light by the national regulator.
  
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• Australian shares touch new high

  31-05-2021 03:05 via abc.net.au
  
  The ASX 200 passes 7,200 points for the first time after last week's record close. Shares in software company Nuix dive 12 per cent on a revenue downgrade.
  
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• Australian shares in the red after touching new high

  31-05-2021 03:05 via abc.net.au
  
  The ASX 200 passes 7,200 points for the first time, before edging lower. Shares in software company Nuix dive on a revenue downgrade.
  
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• Australian shares end in the red after touching new high

  31-05-2021 03:05 via abc.net.au
  
  The ASX 200 passes 7,200 points for the first time, before edging lower. Shares in software company Nuix dive on a revenue downgrade.
  
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• Westpac wants to help with vaccine rollout

  31-05-2021 03:00 via businessnews.com.au
  
  Westpac chief executive Peter King wants the corporate sector to be allowed to step in and help Australia's flagging vaccine rollout.
  
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• Union alleges McDonald's franchisee offered soft drinks instead of breaks

  31-05-2021 01:45 via abc.net.au
  
  A union representing fast food workers launches Federal Court action against an Adelaide McDonald's franchisee on behalf of 25 current and former employees over allegations they were denied paid rest breaks.
  
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• Construction time blowouts force deadline extension for new home-buyer grant

  31-05-2021 00:53 via abc.net.au
  
  New home projects in Rockhampton are facing construction delays of up to six months due to nationwide shortages of building materials and a skyrocketing demand for labourers.
  
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