Analyst news

• ASX trades near record high, as unprofitable 'meme' stock AMC flogs more shares

  03-06-2021 23:46 via abc.net.au
  
  The Australian share market slips from its highest levels ever, while 'meme' stock AMC Entertainment experiences another rollercoaster session as analysts warn its true value is zero.
  
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• ASX to open flat, but near record highs as inflation anxiety sinks in

  03-06-2021 23:46 via abc.net.au
  
  After scaling record highs for two days in a row, Australian shares are expected to open flat as commodity prices fell sharply and inflation worries resurfaced.
  
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• ASX slips from record high, as unprofitable 'meme' stock AMC flogs more shares

  03-06-2021 23:46 via abc.net.au
  
  The Australian share market slips from its highest levels ever, while 'meme' stock AMC Entertainment experiences another rollercoaster session as analysts warn its true value is zero.
  
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• ASX hits (another) record high, as mortgage debt surges and 'meme' stock AMC flogs more shares

  03-06-2021 23:46 via abc.net.au
  
  The Australian share market hovers near its highest levels ever, while aspiring homeowners borrowed a record $31 billion in April, and 'meme' stock AMC Entertainment experiences another rollercoaster session as analysts warn its true value is zero.
  
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• New QR code rules are in place across Victoria with fines up to $1,652

  03-06-2021 16:55 via abc.net.au
  
  From today Victorians must check in at all retail stores, supermarkets and cafes — even if they're just grabbing a takeaway coffee.
  
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• 'Another devastation': Cancellation of junior basketball tournament a $4.5m loss

  03-06-2021 10:26 via abc.net.au
  
  For the second year in a row, Ballarat's statewide junior basketball tournament is cancelled, leaving thousands of players devastated and a gaping hole in the city's economy.
  
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• Joe Biden says he's not being tested by Vladimir Putin ahead of their first meeting, despite cyber attack linked to Russia

  03-06-2021 10:19 via abc.net.au
  
  The ransomware attack on a US subsidiary of Brazilian-owned meat processing giant JBS has again prompted accusations that Russia is harbouring cybercriminals.
  
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• ASX keeps records tumbling, CBA hits peak

  03-06-2021 10:00 via businessnews.com.au
  
  Australia's share market keeps breaking records - and overseas investors are clamouring for the benefits.
  
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• Negotiation call as power strike escalates

  03-06-2021 09:56 via businessnews.com.au
  
  The state’s business lobby has called for the electrical union to come to the negotiating table as Western Power workers take a 48 hour strike action this week.
  
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• Hawkstone eyes lithium focus

  03-06-2021 09:45 via businessnews.com.au
  
  Subiaco-based Hawkstone Mining will focus on developing its Big Sandy lithium project in Arizona, having announced plans to demerge its metals assets into a new listed entity.
  
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• Road toll one idea to unclog Illawarra's Grand Pacific Drive

  03-06-2021 09:35 via abc.net.au
  
  An ABC listener calls for a toll — like the one once active on the old F6 freeway — be imposed on the Illawarra's Grand Pacific Drive to solve congestion for those living along its 140-kilometre length … but is that feasible?
  
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• Jury returns verdict in trial of former student accused of torching school after 'doof'

  03-06-2021 09:27 via abc.net.au
  
  A former student has been cleared of any involvement in fires that caused almost $6 million in damage to Kununurra's only high school.
  
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• Whitby made district court judge

  03-06-2021 09:15 via businessnews.com.au
  
  Noted legal practitioner Natalie Whitby, who is married to state government minister Reece Whitby, has been appointed a judge on the state’s district court.
  
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• At Close of Business: Matt Mckenzie on onshore gas projects

  03-06-2021 09:08 via businessnews.com.au
  
  In today's episode of At Close of Business, journalists Jordan Murray and Matt Mckenzie discuss whether major onshore oil and gas developments in the Canning Basin and Mid-West could finally come to fruition.
  
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• Why is WA property underperforming?

  03-06-2021 09:03 via businessnews.com.au
  
  ANALYSIS: The WA economy is the envy of the nation yet the residential property market in Perth is the weakest in the country. There appear to be two key reasons.
  
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• WA literary map launched

  03-06-2021 09:00 via businessnews.com.au
  
  Western Australians will be able to locate authors’ hometowns and the settings of their favourite books after the launch of Writing WA’s literary map.
  
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• Pindan won't be the last: Catania

  03-06-2021 08:36 via businessnews.com.au
  
  Dozens of subcontractors and employees affected by the collapse of construction giant Pindan have rallied on the steps of Parliament House this afternoon, amid calls for stronger protections.
  
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• Woodside defends Scarborough carbon, rock art impact

  03-06-2021 08:19 via businessnews.com.au
  
  Woodside says its Scarborough project will be one of the lowest carbon LNG sources in Australia, as it came under renewed fire from environmentalists today.
  
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• MMA secures $54m in work

  03-06-2021 08:00 via businessnews.com.au
  
  Marine and subsea services provider MMA Offshore has received contracted work including from the Department of Defence and Japan’s INPEX.
  
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• Labor questions 'dodgy' research funding

  03-06-2021 07:00 via businessnews.com.au
  
  Senior public servants have been accused of outsourcing decisions on welfare policy to a private company.
  
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• Why the agony of Melbourne's lockdown is hitting regional Victoria hard

  03-06-2021 06:40 via abc.net.au
  
  Bendigo tourism leader Finn Vedelsby's heart is broken for casual staff who have been laid off as visitors to the regions dry up in Victoria's lockdown. It's a sentiment being felt across the state. 
  
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• Want a pay rise? Pay attention to how much Australia's lowest-paid workers earn

  03-06-2021 06:02 via abc.net.au
  
  Nicole Park works full-time at one of the big supermarket chains, but says she can't even afford to buy her groceries there. The 30-year-old mother of two currently clears $825 per week after tax and is the breadwinner of her family.
  
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• Nicole works at a major supermarket, but can't afford to shop there. Here's why

  03-06-2021 06:02 via abc.net.au
  
  Nicole Park works full-time at one of the big supermarket chains, but says she can't even afford to buy her groceries there. The 30-year-old mother of two currently clears $825 per week after tax and is the breadwinner of her family.
  
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• New mental health app for FIFOs

  03-06-2021 05:00 via businessnews.com.au
  
  A new mobile application aimed at improving mental health outcomes for Australia’s 250,000-strong mining workforce launched today.
  
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• Making mRNA vaccines locally could still be four years away, government says

  03-06-2021 04:59 via abc.net.au
  
  It could be up to four years before mRNA vaccines are produced in Australia, under a process being led by the federal government. 
  
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• It could be four years before we can make Pfizer's vaccine locally, government says

  03-06-2021 04:59 via abc.net.au
  
  It could be up to four years before mRNA vaccines are produced in Australia, under a process being led by the federal government. 
  
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• A piece of Far North Queensland history for sale

  03-06-2021 04:05 via abc.net.au
  
  A piece of Far North Queensland history, Lappa railway junction and pub, is for sale and locals like to say it is haunted.
  
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• Murdoch appoints interim VC

  03-06-2021 04:00 via businessnews.com.au
  
  Murdoch University has appointed provost Romy Lawson to servce as interim vice chancellor while it searches for a replacement for outgoing vice chancellor Eeva Leinonen.
  
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• Global meat company resumes arts operations after cyber attack

  03-06-2021 03:44 via abc.net.au
  
  Global meat processing company JBS says it is on schedule to resume production at all their facilities, including Australia. 
  
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• Global meat company restarts operations after cyber attack

  03-06-2021 03:44 via abc.net.au
  
  Global meat processing company JBS says it is on schedule to resume production at all their facilities, including Australia. 
  
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• Retail spending, exports rebound in April

  03-06-2021 03:00 via businessnews.com.au
  
  Retail spending and exports had a rebound in April after both were a modest drag on economic growth in the March quarter.
  
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• Construction at strong pace in pandemic

  03-06-2021 03:00 via businessnews.com.au
  
  The construction industry continues to expand at strong pace, edging back only slightly from the record high in March and led by the home building and the engineering sectors.
  
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• Perron and UWA to reap $70m windfall

  03-06-2021 02:00 via businessnews.com.au
  
  The Perron Institute is kicking commercial goals, courtesy of big sales royalties and a planned ASX listing.
  
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