Analyst news

• Westpac tips rate rises by early 2023 as Australian shares end the week higher

  17-06-2021 23:47 via abc.net.au
  
  Westpac is now tipping the Reserve Bank will start raising interest rates at the beginning of 2023, more than a year ahead of previous expectations. Meanwhile, the Australian share market finishes the week higher on a falling Australian dollar.
  
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• Westpac tips rate rise by early 2023 as Australian shares end the week higher

  17-06-2021 23:47 via abc.net.au
  
  Westpac is now tipping the Reserve Bank will start raising interest rates at the beginning of 2023, more than a year ahead of previous expectations. Meanwhile, the Australian share market finishes the week higher on a falling Australian dollar.
  
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• ASX 200 set to gain as Wall Street stumbles and Australian dollar heads south

  17-06-2021 23:47 via abc.net.au
  
  The ASX 200 is set to regain yesterday's losses, after mixed trade on Wall Street. 
  
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• ASX 200 gaining as dollar drops and Commsec warns stalled population could hinder economy

  17-06-2021 23:47 via abc.net.au
  
  The Australian share market is finishing the week on a high, unlike the local currency and commodity prices, which are taking a hit.
  
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• ASX 200 gaining as dollar drops, and Commsec warns record-low population growth hinders economy

  17-06-2021 23:47 via abc.net.au
  
  The Australian share market is finishing the week on a high, unlike the local currency and commodity prices, which are taking a hit.
  
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• Senators back call for ban on Chinese products in move set to heighten tensions with Beijing

  17-06-2021 23:33 via abc.net.au
  
  Any goods made using forced labour anywhere in the world would be blocked from entering Australia's borders under a series of measures recommended by the Senate foreign affairs committee.
  
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• Senate committee calls for ban on some Chinese products because of human rights violations

  17-06-2021 23:33 via abc.net.au
  
  Any goods made using forced labour anywhere in the world would be blocked from entering Australia's borders under a series of measures recommended by the Senate foreign affairs committee.
  
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• Bipartisan call for ban on goods from China's Xinjiang, all imports using forced labour

  17-06-2021 23:33 via abc.net.au
  
  Any goods made using forced labour anywhere in the world would be blocked from entering Australia's borders under a series of measures recommended by the Senate foreign affairs committee.
  
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• COVID-19 test requirement 'sensible' for snow visitors, says infection control expert

  17-06-2021 23:22 via abc.net.au
  
  An infection control expert says mandatory COVID-19 testing for Melbourne snow visitors is a "sensible" idea, but a local mayor doubts the requirement is viable.
  
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• These are the common tax time deductions the ATO is watching closely

  17-06-2021 21:16 via abc.net.au
  
  As millions of Australians prepare for tax time, the Australian Taxation Office (ATO) is warning people against making unsubstantiated deductions.
  
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• Reserve Bank says Australian bosses have become used to bringing in workers to keep wages down

  17-06-2021 21:12 via abc.net.au
  
  Employers cannot import labour from overseas while borders are shut, and it could see wage pressures build in Australia the Reserve Bank governor acknowledges.
  
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• If employers can't 'tap global labour markets' local wages may rise, RBA boss says

  17-06-2021 21:12 via abc.net.au
  
  Employers cannot import labour from overseas while borders are shut, and it could see wage pressures build in Australia the Reserve Bank governor acknowledges.
  
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• Hard-won super changes delayed until Nov 1

  17-06-2021 11:00 via businessnews.com.au
  
  Contentious superannuation laws which the government says will boost savings and cut fees have cleared parliament.
  
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• Industry plans carbon cuts as activists Rebel

  17-06-2021 10:45 via businessnews.com.au
  
  The petroleum industry and environmental activists may have clashed this week but they are both heading in the same direction on emissions reduction.
  
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• CBD needs new plan

  17-06-2021 10:45 via businessnews.com.au
  
  The lack of a unified development overview plan for the city was flagged at a Property Council event today as one key issue hindering Perth’s evolution.
  
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• At Close of Business: Jordan Murray on infrastructure

  17-06-2021 10:01 via businessnews.com.au
  
  In today's episode of At Close of Business, journalists Jesinta Burton and Jordan Murray discuss the state's current major infrastructure projects and the future of infrastructure in Perth.
  
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• ASX has biggest fall in four weeks

  17-06-2021 09:45 via businessnews.com.au
  
  Shares had their biggest fall in more than four weeks as a possible rise in global interest rates moves closer.
  
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• Triangle raises $10m for Perth Basin works

  17-06-2021 09:30 via businessnews.com.au
  
  Triangle Energy has secured funds from a share placement to complete work at its Cliff Head oil field in the Perth Basin.
  
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• $55m Waterford project given green light

  17-06-2021 09:30 via businessnews.com.au
  
  The state’s peak planning body has given Perth-based property developer Exal Group the green light to build its $55 million student accommodation project in Waterford.
  
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• Canaccord poaches Euroz exec

  17-06-2021 09:26 via businessnews.com.au
  
  Stockbroking firms Canaccord Genuity and Euroz Hartleys have announced a raft of executive changes, including Chris Webster switching firms and Michael Manford taking a new role.
  
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• $55m Curtin Central project given green light

  17-06-2021 09:22 via businessnews.com.au
  
  The state’s development assessment unit has given Perth-based property developer Exal Group the green light to build its $55 million Curtin Central student accommodation project.
  
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• Greater Sydney has 'housing supply crisis' as report warns prices will continue to surge

  17-06-2021 09:19 via abc.net.au
  
  Homes in southwest Sydney are being swooped up faster than the NSW Government can release new land. But experts say a lot more homes need to be built, and fast, to meet the demand. 
  
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• MP says Boris Johnson can look forward to grabbing a Chiko, as debate over classic Aussie snack sizzles again

  17-06-2021 09:02 via abc.net.au
  
  MP Andrew Gee has claimed in Parliament that Bathurst is the true home of the Chiko Roll. But did someone forget about Bendigo?
  
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• Minderoo backs ENA Respiratory

  17-06-2021 09:00 via businessnews.com.au
  
  Andrew Forrest’s Minderoo Foundation has participated in a $32 million funding round for a biotech company focused on preventative treatments for respiratory infections.
  
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• Coalition divided amid concerns agriculture visa could undermine Pacific Islands scheme

  17-06-2021 08:45 via abc.net.au
  
  There is growing unease within the Coalition over the federal government's proposed new agriculture visa, as experts warn it could undermine Australia's flagship labour schemes for Pacific Island workers.
  
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• Porter’s ambitions thwarted

  17-06-2021 08:00 via businessnews.com.au
  
  The allegations against Christian Porter have done damage to his political aspirations.
  
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• Internet outage hits banks, RBA and major companies with network provider Akamai blamed

  17-06-2021 07:47 via abc.net.au
  
  Online services are being restored following a widespread outage affecting ANZ, Westpac and the Commonwealth Bank, as well as other businesses such as Virgin Australia and Australia Post.
  
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• Company behind bank and corporate internet outage says routing error, not cyber attack, to blame

  17-06-2021 07:47 via abc.net.au
  
  The company responsible for a mass web outage that hit three of Australia's big four banks, Virgin and Australia Post, among others, says a routing table error was to blame for the service disruption, not a cyber attack.
  
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• Bank customers report app and online banking outages

  17-06-2021 07:47 via abc.net.au
  
  Banking services are beginning to be restored following a widespread outage affecting ANZ, Commonwealth Bank and Westpac, as well as other businesses such as Virgin Australia and Australia Post.
  
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• Bank customers hit by app and online banking outages, network provider Akamai blamed

  17-06-2021 07:47 via abc.net.au
  
  Banking services are beginning to be restored following a widespread outage affecting ANZ, Commonwealth Bank and Westpac, as well as other businesses such as Virgin Australia and Australia Post.
  
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• Buyers blocked from moving into Sydney apartment tower after 'extensive signs of cracking' found

  17-06-2021 07:04 via abc.net.au
  
  The NSW Building Commissioner intervenes to stop an occupation certificate from being issued for a major Sydney residential apartment complex after confirming "extensive signs of cracking" were discovered in its basement. 
  
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• Seven shares surge on earnings forecast

  17-06-2021 07:00 via businessnews.com.au
  
  Seven West executives have forecast full-year earnings that exceed analysts' estimates and say the momentum will continue with its Olympics and Ashes coverage.
  
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• Pentarch sues Blechynden for 'failure' to disclose conflicts, gifts

  17-06-2021 06:10 via businessnews.com.au
  
  Australian Agricultural and Forestry company Pentarch is suing businessman Desmond Blechynden over allegations that he failed to declare conflicts of interest and gifts.
  
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• Treasurer backs minimum wage decision

  17-06-2021 06:00 via businessnews.com.au
  
  Treasurer Josh Frydenberg has backed the Fair Work Commission's minimum wage decision, saying it means a real wage rise for two million workers.
  
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• OreCorp raising $56m to develop Tanzanian project

  17-06-2021 05:30 via businessnews.com.au
  
  Gold explorer OreCorp has secured funds from a share placement to progress the development of its Nyanzaga project while it considers the demerger of its WA assets.
  
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• Nationals digging in against carbon target

  17-06-2021 04:30 via businessnews.com.au
  
  Resources Minister Keith Pitt has made it abundantly clear the Nationals will fight tooth and nail against adopting a target of net zero emissions by 2050.
  
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• Last-minute decision led to chopper tragedy for newlyweds

  17-06-2021 04:20 via abc.net.au
  
  The trip of a lifetime for an adventure-seeking couple cost them their lives. A three-year investigation has revealed why it happened.
  
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• Ben Roberts-Smith tells defamation trial soldiers were allowed to use 'whatever force was necessary'

  17-06-2021 04:20 via abc.net.au
  
  War veteran Ben Roberts-Smith tells a Sydney court Australian soldiers were permitted to use "whatever force was necessary" to arrest insurgents in Afghanistan, including punching those who were fighting back. 
  
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• Ben Roberts-Smith gives his account of accused murder

  17-06-2021 04:20 via abc.net.au
  
  War veteran Ben Roberts-Smith tells a Sydney court Australian soldiers were permitted to use "whatever force was necessary" to arrest insurgents in Afghanistan, including punching those who were fighting back. 
  
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• Ben Roberts-Smith explains rules of military engagement to defamation trial

  17-06-2021 04:20 via abc.net.au
  
  War veteran Ben Roberts-Smith tells a Sydney court Australian soldiers were permitted to use "whatever force was necessary" to arrest insurgents in Afghanistan, including punching those who were fighting back. 
  
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• WA rejigs vaccine rollout on new advice

  17-06-2021 04:00 via businessnews.com.au
  
  Western Australians aged 30 to 39 will be sent to the back of the coronavirus vaccine queue but the government has promised existing appointments will be honoured.
  
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• WA jobless rate lowest since 2013

  17-06-2021 04:00 via businessnews.com.au
  
  Unemployment has fallen to the lowest level since 2013 in Western Australia, with employment of women well above pre-COVID levels.
  
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• WA could delay COVID-19 vaccine rollout

  17-06-2021 04:00 via businessnews.com.au
  
  Western Australians aged 30 to 39 may be sent to the back of the coronavirus vaccine queue after changes to federal health advice.
  
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• Jobless rate drops to 5.1 per cent in May

  17-06-2021 04:00 via businessnews.com.au
  
  Australia's unemployment rate unexpectedly dropped to 5.1 per cent in May, returning to its pre-pandemic level.
  
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• AstraZeneca not recommended for under-60s

  17-06-2021 04:00 via businessnews.com.au
  
  The AstraZeneca coronavirus vaccine is reportedly no longer recommended for people aged under 60 after new expert immunisation panel advice.
  
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• Dinosaur footprints 'fascinating' evidence of how prehistoric animals lived side by side

  17-06-2021 03:44 via abc.net.au
  
  A 54-metre-long tracksite in outback Queensland shows a week in the life of dinosaurs, crocodyliforms, turtles and lungfish 95 million years ago.
  
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• 'War for talent' drives unemployment below pre-pandemic levels. Will it push wages up?

  17-06-2021 03:38 via abc.net.au
  
  From fears of mass unemployment to worries about labour shortages, Australia's jobs market has staged a dramatic turnaround since the COVID-19 pandemic.
  
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• Unemployment dives below pre-pandemic levels as jobs surge resumes

  17-06-2021 03:38 via abc.net.au
  
  Unemployment drops below pre-pandemic levels with more than 100,000 jobs created in May, and underemployment is also falling — even as the proportion of people in work, or looking for it, increased.
  
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• Some employers are caught in a 'Catch 22' that could benefit their workers

  17-06-2021 03:38 via abc.net.au
  
  From fears of mass unemployment to worries about labour shortages, Australia's jobs market has staged a dramatic turnaround since the COVID-19 pandemic.
  
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• Victoria declares state energy emergency as cracked coal mine at risk of flooding

  17-06-2021 03:32 via abc.net.au
  
  Authorities say cracks identified at the Yallourn power station and coal mine put it at risk of flooding, and "the impact of that would be significant".
  
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