Analyst news

• NSW and federal governments to announce cash injections for businesses struggling in lockdown

  12-07-2021 22:05 via abc.net.au
  
  The NSW and federal governments will today announce payments to businesses as part of a financial assistance package for people struggling during the COVID-19 lockdown.
  
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• This is why Cue's Sydney stores are closed while most other retailers remain open

  12-07-2021 21:59 via abc.net.au
  
  The NSW lockdown may cost the national economy $1 billion a week and the recovery will be tougher depending on how long it lasts, according to prominent Australian economist Shane Oliver.
  
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• Sydney's COVID-19 lockdown may cost Australia $7 billion, economist warns

  12-07-2021 21:59 via abc.net.au
  
  The NSW lockdown may cost the national economy $1 billion a week and the recovery will be tougher depending on how long it lasts, according to prominent Australian economist Shane Oliver.
  
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• Leading retailer closes Sydney stores, urges customers to ask 'is it essential that I have to buy this handbag now?'

  12-07-2021 21:59 via abc.net.au
  
  The Greater Sydney lockdown is costing Australia's economy around $1 billion a week according to a leading economist, and some well-known retailers are urging more stores to shut their doors in an effort to bring the outbreak under control faster.
  
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• One CEO took home more than $40 million last year, but most top bosses took a pay cut

  12-07-2021 21:46 via abc.net.au
  
  Australia's best-paid executives have been hit in the back pocket, with boards trimming million-dollar packages and killing 2020 bonuses.
  
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• COVID slams CEO pay packets back to 2007 levels

  12-07-2021 21:46 via abc.net.au
  
  Australia's best-paid executives have been hit in the back pocket, with boards trimming million-dollar packages and killing 2020 bonuses.
  
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• Outlook dampened, but don’t despair

  12-07-2021 11:00 via businessnews.com.au
  
  Two reports released last month provide glimpses into the prospects for our nation’s future prosperity, and how this is being affected by the pandemic.
  
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• At Close of Business: Jesinta Burton on regional WA

  12-07-2021 10:19 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Jesinta Burton discusses the burgeoning housing crisis in regional WA.
  
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• Aerison makes ASX debut

  12-07-2021 10:03 via businessnews.com.au
  
  Aerison has enjoyed a positive first day of trading as the engineering group affirmed its expectation to earn $130 million in revenue this past financial year.
  
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• Liontown raising $50m for Kathleen Valley

  12-07-2021 09:52 via businessnews.com.au
  
  Lithium company Liontown Resources is undertaking a $50 million capital raising, with the funds expected to help accelerate the progression of its Kathleen Valley project.
  
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• Regional Victorian housing boom encroaches on animal territory

  12-07-2021 09:47 via abc.net.au
  
  The housing boom in regional Victoria is expected to boost the construction industry and rural economies, but its potential effect on wildlife is raising concerns.
  
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• Pilbara, Goldfields deliver for Perth

  12-07-2021 09:45 via businessnews.com.au
  
  A new report on the economic contribution of the resources sector has highlighted the largest winner by far is Perth, where most fly-in, fly-out workers live.
  
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• Miners boom on China lending decision

  12-07-2021 09:45 via businessnews.com.au
  
  Two of the biggest miners on the ASX had whopping gains as investors lapped up China's decision to ease lending rules and ramp up economic activity.
  
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• SIMPEC wins $10m piping contract

  12-07-2021 09:30 via businessnews.com.au
  
  WestStar Industrial subsidiary SIMPEC has secured a $10 million contract at one of Australia’s first waste-to-energy facilities.
  
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• SIMPEC secures $10m piping contract

  12-07-2021 09:30 via businessnews.com.au
  
  WestStar Industrial subsidiary SIMPEC has secured a $10 million contract at one of Australia’s first waste to energy facilities.
  
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• Caspin in $9.7m capital raising

  12-07-2021 09:16 via businessnews.com.au
  
  Cassini Resources spin-out Caspin Resources has entered a trading halt ahead of a $9.7 million capital raising, with the proceeds to help fund the development of its nickel-copper projects.
  
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• 'Our business is going to be smashed': Border communities fear the worst from another lockdown

  12-07-2021 09:14 via abc.net.au
  
  Business owners have lashed out at state governments over border closures, saying they're again being impacted by COVID cases hundreds of kilometres away. 
  
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• Origin Projects sued over $2.1m in 'unpaid loans'

  12-07-2021 07:17 via businessnews.com.au
  
  Leederville-based private boutique property developer Origin Projects and its managing director Peter Hill are facing legal action over allegedly failing to repay $2.1 million in loans.
  
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• Xenophon threatens political return over ugg boot legal case

  12-07-2021 07:14 via abc.net.au
  
  Nick Xenophon says his threat to return to politics over a lawsuit involving ugg boots has had a cold reception from a Coalition Cabinet minister who has admitted "nobody wants him back".
  
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• SA tightens border restrictions with NSW, family exposed to COVID-positive men test negative to virus

  12-07-2021 06:08 via abc.net.au
  
  Tighter restrictions will be put in place for South Australians returning from Greater Sydney, but no exposure sites have been linked to two NSW removalists who tested positive after visiting SA. 
  
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• Swoop secures SA telco

  12-07-2021 06:00 via businessnews.com.au
  
  Swoop’s acquisition frenzy has shown no sign of slowing down following its $6.7 million purchase of SA-based Beam Internet.
  
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• Swoop scoops up SA telco

  12-07-2021 06:00 via businessnews.com.au
  
  Swoop’s acquisition frenzy has shown no sign of slowing down following its $6.7 million purchase of SA-based Beam Internet.
  
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• NRW cuts debt after coal deal

  12-07-2021 05:00 via businessnews.com.au
  
  Shares in NRW Holdings closed up 12 per cent today after one of its clients exercised an option to buy back $81 million of equipment at a NSW coal mine.
  
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• NRW client takes over coalmining contract

  12-07-2021 05:00 via businessnews.com.au
  
  NRW Holdings is selling a number of assets belonging to subsidiary Golding Contractors for $81 million, after a client in Queensland proposed to buy the equipment.
  
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• ASX up as Wesfarmers takeover bid for Priceline's owner sees API skyrocket

  12-07-2021 04:07 via abc.net.au
  
  The Australian share market is trading up as the healthcare company that owns Priceline skyrockets on a takeover bid from Wesfarmers.
  
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• ASX up as Wesfarmers takeover bid for pharmaceutical chain sees API skyrocket

  12-07-2021 04:07 via abc.net.au
  
  The Australian sharemarket is trading up on Monday, as the healthcare company that owns Priceline skyrockets on a takeover bid from Wesfarmers.
  
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• Minister pushes for disability vaccination mandate

  12-07-2021 04:00 via businessnews.com.au
  
  The federal minister responsible for disability workers remains committed to making coronavirus vaccines compulsory for the sector.
  
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• Minister pushes for disability jab mandate

  12-07-2021 04:00 via businessnews.com.au
  
  The federal minister responsible for disability workers remains committed to making coronavirus vaccines compulsory for the sector.
  
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• South Australia 'top of the class' for employment during pandemic, Queensland hit hard by tourism drop

  12-07-2021 03:40 via abc.net.au
  
  South Australia's management of the pandemic has been nation-leading when it comes to employment, while Queensland has taken a hit because of the impact on tourism, according to new economic analysis.
  
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• Home loans up year-on-year

  12-07-2021 03:30 via businessnews.com.au
  
  Applications for home loans within Western Australia were up 62 per cent year-on-year for the first six months of 2021, according to the latest data from Bankwest.
  
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• Wesfarmers makes bid for Priceline owner

  12-07-2021 03:15 via businessnews.com.au
  
  Wesfarmers wants to buy Australian Pharmaceutical Industries and has made a $687 million offer to purchase the remaining shares.
  
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• HBF urges staff, members to get jab

  12-07-2021 03:00 via businessnews.com.au
  
  HBF will offer paid wellness leave for its more than 1,000 staff members to encourage them to get vaccinated against COVID-19.
  
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