Analyst news

• Sydney Airport rejects takeover bid, Fed to maintain stimulus

  14-07-2021 23:58 via abc.net.au
  
  Sydney Airport says a $22 billion takeover bid is too low and the S&P 500 index hits a new record as the chairman of the US Federal Reserve tells the US Congress that economic assistance will continue for some time despite surging inflation. 
  
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• Sydney Airport rejects takeover bid, ASX falls on lockdown fears

  14-07-2021 23:58 via abc.net.au
  
  Sydney Airport says a $22 billion takeover offer is too low, and the Australian share market loses ground even though the unemployment rate is at its lowest level in more than 10 years. 
  
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• S&P at record, Fed to maintain stimulus

  14-07-2021 23:58 via abc.net.au
  
  The S&P 500 index hits a new record as the chairman of the US Federal Reserve tells the US Congress that economic assistance will continue for some time despite surging inflation. 
  
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• This farming couple are still reeling from floods. Now COVID-19 has forced them to close the business

  14-07-2021 22:29 via abc.net.au
  
  Lauren and Greg Newell's farm on the NSW Mid North Coast has survived drought, bushfires, and floods, but the latest wave of COVID-19 has managed to close their gate.
  
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• Works paused at contentious Tas mine site

  14-07-2021 12:00 via businessnews.com.au
  
  A company behind a controversial mine expansion plan in Tasmanian wilderness has stopped works at the site after legal threats from conservationists.
  
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• Australia tracks Chinese surveillance ship

  14-07-2021 11:00 via businessnews.com.au
  
  Australia is tracking a Chinese surveillance ship making its way towards Queensland ahead of a joint military exercise with the United States.
  
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• 'No more needle pricks': Soon diabetics will no longer need to bleed before they eat

  14-07-2021 10:53 via abc.net.au
  
  A pain-free diabetes test developed by the University of Newcastle uses saliva instead of blood to measure a patient's glucose levels.
  
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• 'No more needle pricks': Lickable test to help monitor diabetes

  14-07-2021 10:53 via abc.net.au
  
  A pain-free diabetes test developed by the University of Newcastle uses saliva instead of blood to measure a patient's glucose levels.
  
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• Consumer Protection steps in after Wridgways collapses

  14-07-2021 10:09 via businessnews.com.au
  
  Consumer Protection has stepped in to assist WA customers affected by the collapse of national removalist company SFG Relocations, amid complaints from those waiting on deliveries, refunds and insurance issues.
  
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• At Close of Business: Mark Beyer on corporate finance

  14-07-2021 10:06 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer discusses the past six months of capital raisings, stock market listings and takeover deals.
  
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• Ventia in $1bn Gorgon contract

  14-07-2021 09:55 via businessnews.com.au
  
  Ventia has won a roughly $1 billion, ten year, maintenance contract at Chevron’s Gorgon LNG facility.
  
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• Afterpay, Zip crash but ASX closes higher

  14-07-2021 09:45 via businessnews.com.au
  
  Buy now, pay later providers had a spectacular crash, but the ASX continued to creep towards record levels.
  
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• BHP to start mining at Western Ridge

  14-07-2021 09:30 via businessnews.com.au
  
  BHP has started development of a new Pilbara iron ore mine after its Japanese partners, ITOCHU and Mitsui & Co, bought a minority stake in the project.
  
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• Fortescue makes its mark in green branding

  14-07-2021 09:11 via businessnews.com.au
  
  Fortescue Metals Group is preparing branding for its green hydrogen and steel arm, with more than 30 trademarks pending, including the slogan 'The Power of Now'. Click through for images.
  
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• WA tightens border to NSW, Victoria

  14-07-2021 09:00 via businessnews.com.au
  
  Western Australia's hard border to NSW is set to remain for at least another two months with a coronavirus outbreak in Sydney no closer to being controlled.
  
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• NBN awards $1.1bn in contracts

  14-07-2021 09:00 via businessnews.com.au
  
  Four companies including Downer EDI have picked up new work from NBN Co, as part of the provider’s move to update the network.
  
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• It’s university, but not as we know it

  14-07-2021 08:15 via businessnews.com.au
  
  The federal government appears set on shaking up the tertiary sector in the name of differentiation.
  
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• Dealmakers thrive in busy half year

  14-07-2021 08:00 via businessnews.com.au
  
  Law firms Steinepreis Paganin and Thomson Geer and stockbroker Canaccord Genuity were the top deal makers in the June half.
  
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• Coal jobs, millions in wages against 'green' wineries and cow paddocks: Southern Highlands coal mine decision looms

  14-07-2021 08:00 via abc.net.au
  
  After more than a decade caught up in the New South Wales planning process a decision is expected within weeks on the controversial Hume Coal project at Berrima in Southern Highlands.
  
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• Victorian alpine residents say it's time mining activities were halted in the region

  14-07-2021 07:14 via abc.net.au
  
  A group of north-east Victorian residents say the tourism-reliant alpine region is not suitable for mineral exploration following a series of recent licence applications.
  
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• PM attributes cautious decisions to slow vaccine rollout

  14-07-2021 07:00 via businessnews.com.au
  
  Scott Morrison says cautious decisions from medical experts have slowed Australia’s coronavirus vaccine rollout but has backed their independence.
  
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• Authorities investigate possible Adelaide medi-hotel breach and third COVID-19 exposure site connected to removalists

  14-07-2021 06:44 via abc.net.au
  
  South Australian health authorities are investigating a possible medi-hotel COVID-19 breach and an unknown regional SA location where three removalists from Sydney stopped on their way to McLaren Vale last week.
  
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• Sandfire set for strong FY21 finish

  14-07-2021 06:00 via businessnews.com.au
  
  Sandfire Resources has exceeded its copper production target for the recent financial year while reporting an increase in sales revenue helped by buoyant prices.
  
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• Snowy Mountains peak winter season devastated by COVID lockdown extension

  14-07-2021 05:19 via abc.net.au
  
  This year was shaping up to be a record-breaking snow season for Cliff Wallis' hotel at Perisher, but with Sydney in lockdown he's instead seeking rent assistance.
  
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• Leadership role for Singleton

  14-07-2021 05:00 via businessnews.com.au
  
  Former Austal boss David Singleton has been appointed managing director at Austin Engineering after acting in the position since June.
  
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• Truckies, 'treated like lepers', turned away from servos, fear new COVID testing could disrupt supplies

  14-07-2021 04:29 via abc.net.au
  
  Road transport faces potentially severe disruptions with the introduction of mandatory COVID tests for people moving in and out of Sydney's Fairfield, says the peak freight body.
  
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• Court ruling clears air on upper house stoush

  14-07-2021 04:00 via businessnews.com.au
  
  If there is a message to be taken from the Supreme Court's recent ruling in favour of the Legislative Council over the CCC, it's that parliament must be responsible for its own affairs.
  
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• Indigenous mental health website launched

  14-07-2021 03:00 via businessnews.com.au
  
  A new website has been set up to improve Aboriginal and Torres Strait Islander people's mental health, with information on social and emotional wellbeing, country, spirituality and homelessness.
  
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• McCain Foods pledges to be powered by 100 per cent renewable energy by 2030

  14-07-2021 02:39 via abc.net.au
  
  McCain Foods outlines its sustainability strategy with a global commitment to reduce CO2 emissions and move out of coal.
  
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• Woman accused of putting needles in strawberries in 2018 has charges dropped

  14-07-2021 02:33 via abc.net.au
  
  The contamination scare saw supermarkets pull strawberries off the shelves and tonnes of the fruit dumped at the peak of the growing season.
  
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• Charges dropped in case against woman accused of putting needles in strawberries

  14-07-2021 02:33 via abc.net.au
  
  The contamination scare saw supermarkets pull strawberries off the shelves and tonnes of the fruit dumped at the peak of the growing season.
  
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• No more easy mining in Australia: inquiry

  14-07-2021 02:30 via businessnews.com.au
  
  Lucrative top-tier mining assets have mostly gone in Australia, so workers need to be flexible to help make new investment possible, mining giants have warned.
  
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• Mining giants to front parliament inquiry

  14-07-2021 02:30 via businessnews.com.au
  
  Australia's largest mining companies will front a federal parliamentary inquiry into the gig economy to defend their hiring practices.
  
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• Where will all the housing go?

  14-07-2021 02:00 via businessnews.com.au
  
  A new report suggests Perth’s capacity to meet housing demand is diminishing, as stock of readily developable land runs low.
  
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