Analyst news

• Woolworths shares drop as pubs demerge, ASX flat on mixed Wall St trade

  23-06-2021 23:30 via abc.net.au
  
  The Australian share market is trading close to flat following mixed leads from Wall Street, while the demerger of hotels out of Woolworths sends the retailer's shares tumbling.
  
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• Woolworths shares drop as pubs demerge, ASX ends down on mixed Wall St trading

  23-06-2021 23:30 via abc.net.au
  
  The Australian share market closes lower on the big banks and CSL, following mixed leads from Wall Street, while the demerger of hotels out of Woolworths sends the retailer's shares tumbling.
  
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• There are very different stories being told by renters and owners about WA's shifting property landscape

  23-06-2021 23:30 via abc.net.au
  
  Perceptions of housing affordability improve in WA but a survey finds while homeowners are more comfortable than they have been in years, many renters are struggling to make ends meet — with their mental health also suffering.
  
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• Tesla shares lift Nasdaq but ASX set to fall

  23-06-2021 23:30 via abc.net.au
  
  Shares in electric car maker Tesla gain 5 per cent, driving the Nasdaq to a record close, but most global markets end in the red and local shares look set to follow.
  
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• Tesla shares lift Nasdaq but ASX mindful of falls elsewhere

  23-06-2021 23:30 via abc.net.au
  
  Shares in electric car maker Tesla gain 5 per cent, driving the Nasdaq to a record close, but most global markets end in the red and local shares look set to follow.
  
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• Rents are up $60 a week in WA, but if you're a homeowner, you're better off than you've been in years

  23-06-2021 23:30 via abc.net.au
  
  Perceptions of housing affordability improve in WA but a survey finds while homeowners are more comfortable than they have been in years, many renters are struggling to make ends meet — with their mental health also suffering.
  
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• Homeowners in WA most comfortable in years while renters struggle to make ends meet, report finds

  23-06-2021 23:30 via abc.net.au
  
  Perceptions of housing affordability improve in Western Australia but there are very different stories being told by homeowners and renters as the COVID-19 pandemic alters the property landscape.
  
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• ASX falls as Woolworths shares drop; Tesla leads Nasdaq higher

  23-06-2021 23:30 via abc.net.au
  
  The Australian share market opens in the red. Shares in electric car maker Tesla gain 5 per cent, driving the Nasdaq to a record close.
  
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• Two men killed in 'tragic' light plane crash on Sunshine Coast hinterland

  23-06-2021 22:27 via abc.net.au
  
  The bodies of two men aged 30 and 46 are found in thick bushland on the Sunshine Coast hinterland after their light plane crashed yesterday.
  
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• Two men killed in light plane crash on Sunshine Coast hinterland

  23-06-2021 22:27 via abc.net.au
  
  The bodies of two men aged 30 and 46 are found in thick bushland on the Sunshine Coast hinterland after their light plane crashed yesterday, sparking an overnight search for the pair.
  
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• Tony googled his investment options. Two weeks later, he’d been scammed out of $200,000

  23-06-2021 21:04 via abc.net.au
  
  It cost around $20 to set up and conned $200,000 from one victim alone. Here's how investment scammers tricked Tony into handing over part of his life savings.
  
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• 'I felt sick': Inside the 'sophisticated' investment scam that tricked Tony into handing over $200,000

  23-06-2021 21:04 via abc.net.au
  
  It cost around $20 to set up and conned $200,000 from one victim alone. Here's how investment scammers tricked Tony into handing over part of his life savings.
  
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• What is 'Defi' and why does it have some bankers sweating over their future?

  23-06-2021 20:59 via abc.net.au
  
  Large companies are exploring blockchain technology, as investors embrace 'decentralised finance', which has the potential to cost lawyers and bankers their jobs.
  
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• What is 'Defi', and how might the tech behind bitcoin cost bankers their jobs?

  23-06-2021 20:59 via abc.net.au
  
  Large companies are exploring blockchain technology, as investors embrace 'decentralised finance', which has the potential to cost lawyers and bankers their jobs.
  
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• Australian, NZ companies earn millions selling sugary drinks to Pacific Islands battling an obesity crisis

  23-06-2021 20:46 via abc.net.au
  
  The co-author of a new study highlights the "irony" of Australian taxpayers paying for the escalating costs of chronic disease in Pacific nations through aid funding, while its companies profit from sending junk food to the same countries.
  
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• 'No doubt' elderly mother's move for now-cancelled rail project contributed to death

  23-06-2021 12:07 via abc.net.au
  
  Michelle Grobel's 82-year-old mother spent the last two months of her life packing up her public housing unit after being told it would be demolished to make way for a level crossing removal that has now been cancelled.
  
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• Kobe Bryant's widow to settle lawsuit over deadly crash

  23-06-2021 11:11 via abc.net.au
  
  Kobe Bryant's widow agrees to settle a lawsuit against the pilot and owners of the helicopter that crashed last year, killing the NBA star, his daughter, Gianna, and seven others.
  
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• Koalas at centre of $40m Byron Bay planning dispute

  23-06-2021 10:21 via abc.net.au
  
  A proposed 162-lot subdivision is in limbo, with a decision likely to hinge on whether or not the Land and Environment Court considers the site to be core koala habitat.
  
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• Ben Roberts-Smith burnt laptops to protect personal information, court hears

  23-06-2021 10:19 via abc.net.au
  
  Ben Roberts-Smith has told a court he may have destroyed a hard drive in 2018 by burning it, but he was not "beginning to panic" amid investigations into his conduct in Afghanistan. 
  
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• Community TV stations Channel 31 and Channel 44 given three-year lifeline

  23-06-2021 10:15 via abc.net.au
  
  Yet another last-minute reprieve is granted to Australia's remaining community television stations in a surprise vote that will allow them three more years on the airwaves before the spectrum is hived off.
  
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• At Close of Business: Madeleine Stephens on MACA Cancer 200

  23-06-2021 09:58 via businessnews.com.au
  
  On today's episode of At Close of Business, journalists Madeleine Stephens and Jordan Murray discuss the Harry Perkins Institute of Medical Research's biggest fundraiser.
  
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• Aust market falls on move to tech stocks

  23-06-2021 09:45 via businessnews.com.au
  
  Technology stocks were back in vogue on the ASX, but came at a cost to the wider market as investors re-evaluated yield.
  
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• $22m Belmont office sale

  23-06-2021 09:45 via businessnews.com.au
  
  Australian Development Capital (ADC_) has added to its property portfolio with the $22 million acquisition of a three-storey office building, leased to NRW Holdings Limited.
  
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• Developer angling for South Freo power site

  23-06-2021 09:25 via businessnews.com.au
  
  Synergy will run a rapid expression of interest process to redevelop the South Fremantle Power Station, after receiving an unsolicited bid.
  
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• Capolingua named for key health role

  23-06-2021 09:23 via businessnews.com.au
  
  Rosanna Capolingua, a former president of the state and federal branches of the AMA, has been appointed chair of the health department's child and adolescent health services.
  
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• With a $130,000 drug costing just $41 next month, relief is coming for mesothelioma patients

  23-06-2021 08:37 via abc.net.au
  
  Greg Swain is just one of about 700 Australians diagnosed with mesothelioma last year. With a breakthrough immunotherapy treatment now available to him, he says the despair brought on by his diagnosis is gone.
  
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• Positive results for gold projects

  23-06-2021 08:30 via businessnews.com.au
  
  De Grey Mining and Bellevue Gold have released drilling results that support the planned development of two major new gold mines in Western Australia.
  
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• uDrew building on innovative tech

  23-06-2021 08:00 via businessnews.com.au
  
  uDrew is following a clear roadmap to success.
  
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• Mount Gambier an afterthought in 'city-centric' budget, say frustrated locals

  23-06-2021 07:10 via abc.net.au
  
  The Limestone Coast received $2.3 million in yesterday's SA budget, as the state government splashed billions of dollars on projects in Adelaide.
  
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• Seafarms Group raises $90m

  23-06-2021 07:00 via businessnews.com.au
  
  Aquaculture company Seafarms Group has raised $90 million and is seeking to raise $15 million more to start construction of its black tiger prawn operation, Project Sea Dragon.
  
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• Gas inquiry follows agency funds block

  23-06-2021 07:00 via businessnews.com.au
  
  A plan to allow Australia's renewable energy agency to invest in non-renewable technologies has been shot down in the Senate.
  
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• Fossil fuels a no-go for renewables agency

  23-06-2021 07:00 via businessnews.com.au
  
  A plan to allow Australia's renewable energy agency to invest in non-renewable technologies has been shot down in the Senate.
  
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• Hobart has MONA, Shepparton will have MOVE as it pins hopes on history of the car

  23-06-2021 06:32 via abc.net.au
  
  Shepparton's new Museum of Vehicle Evolution is setting itself up to be a must see for motoring enthusiasts when it opens its doors in August.
  
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• WA brings back COVID hard border for NSW

  23-06-2021 06:00 via businessnews.com.au
  
  Western Australia has slammed its border shut to NSW after the number of coronavirus infections linked to a Sydney outbreak grew to 31.
  
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• Security of payment reform not enough for CFMEU

  23-06-2021 06:00 via businessnews.com.au
  
  The state’s construction union has voiced its disappointment over the government’s failure to include cascading statutory trusts in its Security of Payment Bill.
  
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• Decmil boosts order book to $590m

  23-06-2021 06:00 via businessnews.com.au
  
  Contractor Decmil Group has secured new work including with Main Roads Western Australia, totalling $47 million.
  
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• SRG Group acquires Gibbscorp

  23-06-2021 05:57 via businessnews.com.au
  
  SRG Group will become a top 10 insurance broker in Western Australia after finalising the acquisition of Gibbscorp, as two big global competitors pursue their own merger.
  
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• Security of payment reform not enough: CFMEU

  23-06-2021 05:53 via businessnews.com.au
  
  The state’s construction union has voiced its disappointment over the state government’s failure to include cascading statutory trusts in its Security of Payment Bill.
  
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• Fewer office workers hits Woolies sales

  23-06-2021 05:00 via businessnews.com.au
  
  Woolworths will write-down the value of 13 of its CBD stores by about $50 million as they struggle for sales with fewer office workers nearby.
  
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• Iron ore exports to China hit another peak

  23-06-2021 04:00 via businessnews.com.au
  
  The relationship between Australia and China may be rapidly declining but demand from the Asian giant for iron ore continues unabated.
  
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• Salini charged over Airport Link explosion

  23-06-2021 03:56 via businessnews.com.au
  
  Worksafe has launched legal action against construction contractor Salini Australia after an explosion at the Forrestfield Airport Link site left an employee with a traumatic brain injury.
  
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• Southern NSW farmers re-write the record books again selling Australian White ewes for $994 a head

  23-06-2021 03:42 via abc.net.au
  
  Records are made to the broken and the Adler family made short work of the high price they set just seven days ago when they sold their Australian White ewes for $988 a head. 
  
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• Nats deputy leader denies succession

  23-06-2021 03:00 via businessnews.com.au
  
  Deputy Nationals leader David Littleproud has denied striking a secret succession plan deal to replace Barnaby Joyce in the future.
  
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• What it's like coming out in Australia's most 'blokey' industry

  23-06-2021 02:46 via abc.net.au
  
  A new UNSW report shows many LGBTQ+ people delay coming out in the construction industry as discriminatory behaviour still overlooked.
  
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• James knows what it's like coming out in Australia's most 'blokey' industry

  23-06-2021 02:46 via abc.net.au
  
  James Cooper knows there are lots of other queer people in the construction industry, but they're not coming out. His views are backed up in a report that shows discriminatory behaviour in the industry is often overlooked.
  
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• Interest rates to rise next year, CommBank warns

  23-06-2021 02:41 via abc.net.au
  
  The nation's biggest home lender is warning that interest rates will rise before the end of next year, joining two other major banks who are tipping the Reserve Bank to be forced to move earlier than it expects.
  
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• Studio skills offer career alternatives

  23-06-2021 02:00 via businessnews.com.au
  
  Industry partnerships and a unique take on project-based learning underpin All Saints’ College’s forthcoming alternative school.
  
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• 'Miracle' as resort worker recovers after falling down waterfall

  23-06-2021 00:04 via abc.net.au
  
  A week after Lauren Cowie's parents feared the worst, the remote resort worker has woken from an induced coma and is desperate to get back to work.
  
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