Analyst news

• Nasdaq soars to record high with help from Facebook and Microsoft, but ASX set to dip

  22-06-2021 23:36 via abc.net.au
  
  The Australian share market is expected to close slightly down, despite tech stocks on Wall Street soaring the index to a record high.
  
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• Cryptocurrencies crash, while ASX dips despite Wall Street gains

  22-06-2021 23:36 via abc.net.au
  
  The Australian share market is trading down on Wednesday, despite tech stocks on Wall Street sending the index to a record high.
  
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• 'Cryptocurrencies are crashing across the board', while ASX set to dip

  22-06-2021 23:36 via abc.net.au
  
  The Australian share market is expected to open slightly down, despite tech stocks on Wall Street sending the index to a record high.
  
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• 'Cryptocurrencies are crashing across the board', while ASX dips despite Wall Street gains

  22-06-2021 23:36 via abc.net.au
  
  The Australian share market opens down, despite tech stocks on Wall Street sending the index to a record high.
  
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• ASX to dip despite Wall Street gains, as Bitcoin price sinks below $US30,000

  22-06-2021 23:36 via abc.net.au
  
  The Australian share market is expected to open slightly down, despite tech stocks on Wall Street sending the index to a record high.
  
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• Family business forced to hang up the boots after yet another COVID lockdown

  22-06-2021 23:31 via abc.net.au
  
  Melbourne's fourth COVID-19 lockdown was the final straw for this decades-old soccer shop, which will close within weeks. Business groups say they are not alone.
  
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• Three dead, a man in custody after two fatal crashes near Townsville overnight

  22-06-2021 22:51 via abc.net.au
  
  Three people dead and a man is taken into custody after two separate crashes on the same stretch of road on the Bruce Highway near Townsville overnight.
  
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• Three dead, a man in custody after two fatal crashes near Townsville

  22-06-2021 22:51 via abc.net.au
  
  One man was killed in a head-on collision on the Bruce Highway last night. Hours later two more people died when a four-wheel-drive collided with three cars that were stationary due to the road being closed after the earlier incident.
  
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• Internal police investigation ordered after two fatal crashes leaves three dead near Townsville

  22-06-2021 22:51 via abc.net.au
  
  One man was killed in a head-on collision on the Bruce Highway last night. Hours later two more people died when a four-wheel drive hit three cars that were stationary due to the road being closed after the earlier incident.
  
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• Coal country becomes renewables hotspot, but there are concerns communities will be left behind

  22-06-2021 22:42 via abc.net.au
  
  Central Queensland's industrial heartland is grappling with a renewables boom, but the mining union is worried the burgeoning sector won't provide enough jobs.
  
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• Coal country becomes renewable hotspot, but there are concerns regional communities will be left behind

  22-06-2021 22:42 via abc.net.au
  
  Central Queensland's industrial heartland is grappling with a renewables boom, but the mining union is worried the burgeoning sector won't provide enough jobs.
  
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• In 2016, Australians were unsure if the future lay with the US or China. It seems the results are in

  22-06-2021 15:32 via abc.net.au
  
  The 2021 Lowy Institute Poll has found more Australians now see China as a security threat rather than an economic partner, and the majority blame China for tensions in the relationship between the countries.
  
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• Australians trust China's Xi Jinping more than North Korea's Kim Jong Un — but only just

  22-06-2021 15:32 via abc.net.au
  
  The 2021 Lowy Institute Poll has found more Australians now see China as a security threat rather than an economic partner, and the majority blame China for tensions in the relationship between the countries.
  
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• Perth Wildcats in potential sale

  22-06-2021 11:00 via businessnews.com.au
  
  Sports Entertainment Group has confirmed its plans to purchase the Perth Wildcats from Jack Bendat, who has owned the basketball team since 2007.
  
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• Jack Bendat on the brink of selling Perth Wildcats to company headed by part-owner of rival side

  22-06-2021 10:20 via abc.net.au
  
  Sports Entertainment Group confirms to the ASX that it is in "advanced exclusive negotiations" to purchase the Wildcats from Perth businessman Jack Bendat, who has owned the club since 2017.
  
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• At Close of Business: Matt McKenzie on Asian engagement

  22-06-2021 10:04 via businessnews.com.au
  
  On today's episode of At Close of Business, journalists Jordan Murray and Matt McKenzie discuss the difficulties of diversifying WA's trade with Asia.
  
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• WA weighs Victoria, NSW quarantine rules

  22-06-2021 09:45 via businessnews.com.au
  
  Western Australia could soon remove quarantine requirements for Victorians but a coronavirus outbreak in NSW is being closely monitored.
  
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• Aust shares have biggest rise since March

  22-06-2021 09:45 via businessnews.com.au
  
  Investors have had their best day on the ASX since March and regained most of Monday's losses after US financial leaders eased concerns about higher interest rates.
  
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• Many cities use shared e-scooters but Gold Coast says safety first

  22-06-2021 09:21 via abc.net.au
  
  The Gold Coast mayor has maintained his opposition to allowing an e-scooter sharing scheme despite new research suggesting there's benefits for tourism and congestion.
  
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• Minara unveils exploration plan for Irwin Hills

  22-06-2021 09:18 via businessnews.com.au
  
  Perth-based nickel miner Minara Resources is pushing ahead with plans to assess the development potential of its Irwin Hills Project in the north-eastern Goldfields.
  
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• Jakarta flight risk for exporters

  22-06-2021 08:54 via businessnews.com.au
  
  There’s speculation Perth’s only remaining direct flight to Jakarta will be cancelled, potentially hitting local agribusiness exporters.
  
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• Commodity price risk worries miners

  22-06-2021 08:45 via businessnews.com.au
  
  Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.
  
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• Wool market in the black for five week

  22-06-2021 08:06 via abc.net.au
  
  The Australian wool market is now 309c/kg higher than the same time last year. 
  
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• Wool back in the black for five-week streak

  22-06-2021 08:06 via abc.net.au
  
  The Australian wool market is now 309c/kg higher than the same time last year. 
  
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• Digesting the view from the west

  22-06-2021 08:00 via businessnews.com.au
  
  What Western Australians think of our capital and its place in the world has changed notably in recent years, mainly in the positive.
  
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• Grape company fined by ACCC for misleading consumers

  22-06-2021 07:31 via abc.net.au
  
  A Victorian table grape trader has been fined close to $35,000 for claiming all of its grapes were handpicked on the company's family farm in Sunraysia.
  
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• Rinehart invests $15m in Little Green Pharma

  22-06-2021 06:00 via businessnews.com.au
  
  Hancock Prospecting will own a 10 per cent stake in Western Australian medicinal cannabis company Little Green Pharma after participating in a $27.2 million capital raising.
  
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• Macmahon locks in $650m contract

  22-06-2021 06:00 via businessnews.com.au
  
  ASX-listed Macmahon Holdings has been confirmed as the mining contractor for Red 5’s King of the Hills gold project near Leonora.
  
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• Joyce makes China warning in pitch to MPs

  22-06-2021 06:00 via businessnews.com.au
  
  Barnaby Joyce has warned Australian freedom could be challenged as China rises, with a more uncertain outlook for regional peace.
  
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• NSW budget 2021 winners and losers

  22-06-2021 05:58 via abc.net.au
  
  The NSW government has gone big for the 2021 budget — spending billions after better-than-expected economic growth on the back of the pandemic. Here's where the money is going and what it means for you. 
  
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• Monadelphous gains $215m in work

  22-06-2021 05:00 via businessnews.com.au
  
  Engineering and construction company Monadelphous Group has won a number of new contracts including work on major iron ore projects Gudai-Darri and Iron Bridge.
  
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• Great Barrier Reef is 'beautiful, healthy', not 'in danger', tour operators say

  22-06-2021 04:10 via abc.net.au
  
  Reef tourism operators say they are bewildered by a draft recommendation to list the Great Barrier Reef as "in danger", saying the world's largest living organism is "healthy" and "beautiful".
  
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• Great Barrier Reef is 'beautiful and healthy', not 'in danger', tour operators say

  22-06-2021 04:10 via abc.net.au
  
  Reef tourism operators say they are bewildered by a draft recommendation to list the Great Barrier Reef as "in danger", saying the world's largest living organism is "healthy" and "beautiful".
  
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• Perkins’ reimagined ride into top gear

  22-06-2021 04:00 via businessnews.com.au
  
  The wheel has turned for the Harry Perkins Institute of Medical Research biggest fundraiser.
  
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• Finbar divests Karratha portfolio

  22-06-2021 04:00 via businessnews.com.au
  
  ASX-listed Finbar Group has released some of its apartment investment stock in Karratha to the market, off the back of a strong regional property market.
  
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• 'I'm bewildered': Queensland government rejects lease transfer of Great Keppel Island after independent financial assessment

  22-06-2021 03:38 via abc.net.au
  
  A local business owner says the state government's latest rejection of the new developer is another blow for the central Queensland island.
  
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• How China has pushed Bitcoin into a 'death cross'

  22-06-2021 03:05 via abc.net.au
  
  An intensifying Chinese regulatory crackdown sends bitcoin and other major cryptocurrencies into a renewed price dive that triggers what some analysts refer to as the "death cross".
  
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• Net zero is not dead: environment minister

  22-06-2021 03:00 via businessnews.com.au
  
  Environment Minister Sussan Ley is digging in on net zero carbon emissions by 2050 despite the new deputy prime minister Barnaby Joyce's opposition.
  
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• Nationals in bid for climate policy payout

  22-06-2021 03:00 via businessnews.com.au
  
  The Nationals are open to discussing the prime minister's preference for net zero carbon emissions by 2050, but they want to square the ledger for the regions.
  
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• Remote mining tech may transform Australia's space industry

  22-06-2021 01:57 via abc.net.au
  
  Remote-controlled technology used on isolated mine sites may be Australia's biggest selling point in its bid to participate in the global space industry.
  
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• Karen has closed her restaurant for two weeks due to worker shortage

  22-06-2021 00:07 via abc.net.au
  
  Karen Burbury has closed both of her Launceston restaurants for two weeks to train up new staff and give current staff a break as a worker shortage cripples the region.
  
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