Analyst news

• ASX to drop as Wall Street falls sharply on global recovery anxiety

  08-07-2021 23:49 via abc.net.au
  
  Australian shares are set to drop, following a sell-off on Wall Street and European markets as concerns about the global economic recovery resurface.
  
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• ASX drops as Wall Street falls sharply on global recovery anxiety

  08-07-2021 23:49 via abc.net.au
  
  Australian shares drop in early trade, following a sell-off on Wall Street and European markets as concerns about the global economic recovery resurface.
  
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• Coming soon: How the stage is being set for feature film hub in Canberra

  08-07-2021 22:50 via abc.net.au
  
  From a sprawling desert in outback Australia to a futuristic city set in a sci-fi wasteland, a sound stage can transport an audience anywhere and now one is coming soon to Canberra to set the city up as a feature film hub. 
  
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• Wage dynamics in Australia have been permanently changed by foreign labour

  08-07-2021 21:01 via abc.net.au
  
  RBA governor Philip Lowe says it could take years for wage pressures to build in Australia, with businesses used to having a wide pool of foreign labour to call upon.
  
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• Why you shouldn't file your tax return too early — and other advice from the ATO

  08-07-2021 20:39 via abc.net.au
  
  As the new financial year sees more than 14 million taxpayers file their returns, the Australian Taxation Office is keeping its eye on work-from-home expenses and warning taxpayers to take their time.
  
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• EU fines four German car makers $1.3 billion over emission collusion

  08-07-2021 11:27 via abc.net.au
  
  The European Union has handed down $1 billion in fines to four major German car manufacturers, saying they colluded to limit the development and rollout of car emission control systems.
  
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• Competition concern in battery rules

  08-07-2021 10:16 via businessnews.com.au
  
  The state’s economic regulator is working out how best to balance a need for storage on the electricity grid against concerns Western Power could gain an anti-competitive advantage.
  
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• At Close of Business: Jesinta Burton on Hay Street

  08-07-2021 10:15 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Jesinta Burton discusses Sanur, the City of Subiaco the reopening of Hay Street.
  
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• Health reviews protocols, McGowan urges NSW to get virus under control

  08-07-2021 09:41 via businessnews.com.au
  
  The state’s health department has launched a review of protocols at all major regional hospitals, as Mark McGowan urges New South Wales to get its COVID-19 outbreak under control.
  
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• ASX outperforms Asia, closes higher

  08-07-2021 09:30 via businessnews.com.au
  
  Australia's share market has topped its rivals across Asia and closed higher despite concerning coronavirus developments in locked-down Sydney.
  
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• $5.5m for medical manufacturers

  08-07-2021 09:30 via businessnews.com.au
  
  A local company hoping to roll out mass screening COVID-19 tests in airports has been picked for a $3 million federal manufacturing grant.
  
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• $150m Kinetic sale tops private M&A deals

  08-07-2021 09:30 via businessnews.com.au
  
  Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.
  
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• Greater Sydney woman caught and fined in Hunter holiday spot

  08-07-2021 09:22 via abc.net.au
  
  Police say the 35-year-old was caught staying in a Nelson Bay hotel in breach of public health orders 
  
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• Webuild, NRW sue GHD over $1.86bn Airport Link works

  08-07-2021 08:48 via businessnews.com.au
  
  The head contractors for the state government’s troubled $1.86 billion Forrestfield Airport Link are suing engineering consultancy GHD, claiming it failed to prepare an adequate design concept.
  
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• An app to check you’re Oqea

  08-07-2021 08:00 via businessnews.com.au
  
  A local startup is taking a fresh approach to mental health in the workplace.
  
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• World's third-largest diamond discovered in Botswana for second time in less than a month

  08-07-2021 07:42 via abc.net.au
  
  A 1,174-carat diamond unearthed in Botswana trumps another huge precious stone found in the country only a month before.
  
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• Botswana unearths second huge diamond in weeks, becoming the third largest ever found

  08-07-2021 07:42 via abc.net.au
  
  A 1,174-carat diamond unearthed in Botswana trumps another huge precious stone found in the country only a month before.
  
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• In-store butchers face the chopping block in Coles proposal

  08-07-2021 07:33 via abc.net.au
  
  Hundreds of trade-qualified butchers may be "redeployed" and meat only provided pre-packaged under a proposal being considered by the supermarket giant.
  
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• RBA wants to be prepared for next downturn

  08-07-2021 07:30 via businessnews.com.au
  
  Reserve Bank of Australia boss Philip Lowe wants the cash rate to be in a position to offer more fire power to tackle the next economic downturn.
  
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• Caruso launches $2.2m lawsuit against MRC

  08-07-2021 06:25 via businessnews.com.au
  
  Mineral Commodities (MRC) is facing its third lawsuit from former boss Mark Caruso, who claims he and his company Zurich Bay Holdings are owed a total of 2.2 million in entitlements.
  
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• Kalamazoo up on lithium potential

  08-07-2021 06:00 via businessnews.com.au
  
  Kalamazoo Resources was trading 10 per cent higher this morning, after announcing significant lithium potential identified at its DOM’s Hill gold and base metals project in the Pilbara.
  
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• NSW Minister 'disappointed' in lack of Federal lockdown assistance

  08-07-2021 05:51 via abc.net.au
  
  Businesses in highway towns are not sure if they will survive impacts of revolving lockdowns in Melbourne and Sydney, as a NSW Minister slams the end of JobKeeper.
  
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• Health minister hopeful on Pfizer supplies

  08-07-2021 05:00 via businessnews.com.au
  
  Australia's health minister has raised hopes of receiving bigger than expected shipments of Pfizer coronavirus vaccines next month.
  
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• Smoking out unhealthy connections

  08-07-2021 04:00 via businessnews.com.au
  
  Increasing social stigmas could mean the end of beer and betting advertisements in sport.
  
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• Cancellation chaos as travellers in lockdown scramble for refunds

  08-07-2021 03:06 via abc.net.au
  
  People in lockdown scrambling to get refunds as trips to the snow are cancelled. It comes as a new CHOICE report reveals more than 50 per cent of travellers waited longer than 3 months for a resolution after a trip was cancelled due to COVID-19.
  
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• Australia sends Indonesia virus support

  08-07-2021 03:04 via businessnews.com.au
  
  Australia is sending Indonesia oxygen, ventilators and testing kits as the country responds to a surge in coronavirus cases.
  
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• Vaccine mandate to cover disability care

  08-07-2021 02:30 via businessnews.com.au
  
  Disability support workers will soon be forced to get vaccinated against coronavirus if they want to keep their jobs.
  
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• WA unis hold steady on QS list

  08-07-2021 02:00 via businessnews.com.au
  
  WA's public universities have largely maintained their position in the latest QS World University Rankings, despite what has been a difficult period for the nation’s higher education sector.
  
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• Rents in Perth are nearing a record high. It's left tenants like Katie Lean 'stretched to full capacity'

  08-07-2021 00:21 via abc.net.au
  
  Figures show Perth's average weekly house rent spiking by 21.6 per cent in just 12 months to its highest mark in six years, with tenants facing steep increases in a fierce market — and there's a warning of worse to come.
  
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• Perth house rents hit six-year high after biggest jump in over a decade, leaving tenants desperate

  08-07-2021 00:21 via abc.net.au
  
  Perth's average weekly house rent spikes by 21.6 per cent in the space of 12 months to reach its highest mark in six years , with tenants like Katie Lean facing steep increases in a fiercely competitive market.
  
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