Analyst news

• 'Broke' Australian coal mine invokes Act of God clause, wet winter to suspend operations

  29-07-2021 23:30 via abc.net.au
  
  Troubled WA miner Griffin Coal has invoked a so-called Act of God clause to suspend operations, blaming a wetter-than-usual winter.
  
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• Bathurst 1000 race postponed to November

  29-07-2021 23:30 via abc.net.au
  
  The iconic 'Great Race', the Bathurst 1000 motor race, has been postponed due to the COVID-19 pandemic.
  
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• Tasmania makes the cut of places to ride out global collapse

  29-07-2021 23:20 via abc.net.au
  
  Many mainlanders have already made the move to Tasmania to enjoy its cool climate and laid-back lifestyle and they may be ahead of the curve. Experts say in the event of societal collapse, Tasmania could be a safe haven for Australians. 
  
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• Tasmania among best places to survive global societal collapse, new study finds

  29-07-2021 23:20 via abc.net.au
  
  Many mainlanders have already made the move to Tasmania and they may be ahead of the curve — with the island state listed as one of the best places to be in the event of societal collapse. But could it cope with the pressure?
  
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• Mapping changes a relief for emergency services, residents

  29-07-2021 23:09 via abc.net.au
  
  The removal of impassable, non-existent roads from official maps will make life easier for road users and emergency services thanks to a partnership between an agricultural lobby group and the state government.
  
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• ASX treads water, Wall Street stocks rise

  29-07-2021 23:04 via abc.net.au
  
  Australian shares have had a slow start after Wall Street gains, despite US GDP growth not hitting some estimates. 
  
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• ASX futures point to a rise at open, Wall Street stocks rise

  29-07-2021 23:04 via abc.net.au
  
  Australian shares are set to rise on the final day of trading for the week. Wall Street gains ground, despite GDP growth not hitting some estimates. 
  
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• ASX closes down, Wall Street stocks rise

  29-07-2021 23:04 via abc.net.au
  
  Australian shares have closed lower, dragged down by tech stocks. Wall Street gained despite US GDP growth failing to meet expectations. 
  
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• Environmental groups take federal minister to court over multi-million dollar fracking grant

  29-07-2021 22:57 via abc.net.au
  
  Environment groups allege Resources Minister Keith Pitt failed to assess climate change risks when awarding millions of dollars in grants to an oil and gas company seeking to frack the Beetaloo Basin. 
  
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• 'Remarkable recovery': How Australia's most expensive beef carved through the pandemic

  29-07-2021 22:40 via abc.net.au
  
  Despite the closure of restaurants, demand for Australian Wagyu beef is growing faster than its supply. 
  
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• 'Worst possible moment': TV reception out on King Island days out from Stewart McSweyn’s Olympic debut

  29-07-2021 22:39 via abc.net.au
  
  King Island residents are getting ready to cheer on one of their own. The local pub has even named a drink after him. But one thing is getting in the way.
  
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• 'Worst possible moment': Community's TV reception goes out just before Olympic race

  29-07-2021 22:39 via abc.net.au
  
  King Island residents are getting ready to cheer on one of their own. The local pub has even created a parmi with gold pineapple rings on top in his honour. But one thing is getting in the way.
  
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• Scarlett Johansson sues Disney over Black Widow streaming

  29-07-2021 22:17 via abc.net.au
  
  The star of the Marvel superhero movie sues Disney, alleging the company breached her contract when it released the film on streaming at the same time it debuted in cinemas.
  
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• This Chinese city wants to snuff out a Delta outbreak in days. Here's why Sydney won’t try their tactics

  29-07-2021 20:56 via abc.net.au
  
  China's health authorities, like their counterparts everywhere, are facing a much tougher challenge — the fast-spreading Delta variant. So far, they appear to be holding back a surge, but could there be any lessons for Australia?
  
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• One country is holding back the Delta surge with measures Australia can't fully copy

  29-07-2021 20:56 via abc.net.au
  
  China's health authorities, like their counterparts everywhere, are facing a much tougher challenge — the fast-spreading Delta variant. So far, they appear to be holding back a surge, but could there be any lessons for Australia?
  
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• 'This isn't a game of Monopoly where you can roll the dice and avoid the income tax box', warns ATO

  29-07-2021 20:54 via abc.net.au
  
  About 300,000 Australians who may have made purchases of luxury cars, private jets, yachts, thoroughbred horses and artwork are being warned by the Australian Taxation Office to declare all their income or they could face a review and or audit.
  
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• 'Not a game of Monopoly': ATO issues warning to 300,000 people with luxury assets such as jets, yachts and artwork

  29-07-2021 20:54 via abc.net.au
  
  About 300,000 Australians who may have made purchases of luxury cars, private jets, yachts, thoroughbred horses and artwork are being warned by the Australian Taxation Office to declare all their income or they could face a review and or audit.
  
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• More than four months after blocking the Suez Canal cargo ship finally reaches destination

  29-07-2021 18:22 via abc.net.au
  
  The container ship Ever Given, which was stuck in the Suez Canal, arrives at its intended destination more than 100 days later.
  
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• WA Premier urged not to stop the boats after vow to turn ships back to Indonesia

  29-07-2021 11:06 via abc.net.au
  
  The livestock industry says Mark McGowan could be making a "grave" diplomatic mistake as well as putting the food security of WA's most important trading partner at risk.
  
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• COVID-19 case flew between Queensland and WA

  29-07-2021 11:00 via businessnews.com.au
  
  Queensland authorities are on alert after a man with COVID-19 flew between Brisbane and Perth last week.
  
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• At Close of Business: Mark Beyer on Bonissimo

  29-07-2021 09:53 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer discusses Bonissimo Coffee Roasters' new ownership.
  
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• Porter makes manufacturing main goal

  29-07-2021 09:51 via businessnews.com.au
  
  Christian Porter says he’s taking the long view in his new portfolio, sharpening the focus of industry policy and hoping to improve research commercialisation.
  
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• Contractors warn on workers, delivery

  29-07-2021 09:51 via businessnews.com.au
  
  More than 60 per cent of civil construction businesses believe worker shortages are constraining their ability to deliver contracts, with an estimated 3,900 unfilled jobs.
  
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• GenusPlus in $3.4m acquisition

  29-07-2021 09:45 via businessnews.com.au
  
  Belmont-based GenusPlus Group is making its second acquisition since listing on the ASX, having agreed to purchase assets from the administrators of Victoria’s Tandem Corp.
  
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• Fortescue, Rio reports keep ASX near highs

  29-07-2021 09:45 via businessnews.com.au
  
  Mining giants' soaring earnings from the iron ore trade have added to investor faith the share market gravy train will not end soon.
  
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• Out of service and out of patience: Telco review to hear 'warts and all' complaints

  29-07-2021 09:32 via abc.net.au
  
  Rural and regional Australians are set to tell a federal review committee that they feel like second-class citizens because their mobile phone coverage is virtually "non-existent".
  
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• Alterra engages Pendulum, CEO departs

  29-07-2021 09:30 via businessnews.com.au
  
  Alterra has hired Pendulum Capital to project manage the next stage of its south-west avocado project and announced chief executive Oliver Barnes is leaving the company.
  
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• For every standalone home built in Canberra, five units are going up — and it's not helping house prices

  29-07-2021 08:19 via abc.net.au
  
  The price gap between buying an apartment and a house is 74.8 per cent in Canberra, the largest of all capital cities — according to the latest research from CoreLogic. 
  
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• ARTS REVIEW - Dreaming a communal future

  29-07-2021 08:16 via businessnews.com.au
  
  A collaboration between two orchestras and Noongar soloists heralds a new era for the classical music industry, writes Rosalind Appleby.
  
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• Principals union outline EBA priorities

  29-07-2021 08:02 via businessnews.com.au
  
  Pay variations and stable housing for teachers in Western Australia’s regional schools have been drawn as key battle lines ahead of next month's collective bargaining negotiations.
  
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• Beament-led Venturex begins $10m drilling program

  29-07-2021 08:00 via businessnews.com.au
  
  Venturex Resources' shares were up more than 10 per cent today after the copper-focused company announced a major drilling program in the Pilbara.
  
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• Sloppy agendas, infrequent meetings blight Crown: Fewster

  29-07-2021 07:21 via businessnews.com.au
  
  Burswood Limited director Maryna Fewster says she felt ignored after raising concerns about the way in which the board was being run in a period of “crisis”, with sloppy board agendas and infrequent meetings.
  
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• Karrinyup stage one complete

  29-07-2021 07:00 via businessnews.com.au
  
  The first stage of the $800 million Karrinyup Shopping Centre redevelopment has reached completion, with the remaining upgrade works on track to finish this year.
  
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• The NRL has a COVID bubble, so why doesn't the music industry?

  29-07-2021 06:59 via abc.net.au
  
  Musicians unable to ply their trade are floating the idea of live music bubble, but some in the industry say a vaccine passport would be a better option.
  
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• Oyster company sale creates one of Australia's biggest shellfish enterprises

  29-07-2021 06:49 via abc.net.au
  
  South Australia's Yumbah Aquaculture has expanded south, taking on one of Tasmania's biggest oyster growing operations.
  
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• Live exports suspended over welfare concerns in Jordan

  29-07-2021 06:32 via abc.net.au
  
  An Australian exporter says live export sales to Jordan have been stopped due to "unacceptable conduct" in a breach of animal welfare rules.
  
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• Live exports suspended over sheep welfare concerns in Jordan

  29-07-2021 06:32 via abc.net.au
  
  An Australian exporter says its live export sales to Jordan has been stopped due to "unacceptable conduct" in a breach of animal welfare rules.
  
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• A meatworks in Jordan will not receive Australian sheep while investigation takes place

  29-07-2021 06:32 via abc.net.au
  
  An Australian exporter says its live export sales to an abattoir in Jordan have been stopped due to "unacceptable conduct" in a breach of animal welfare rules.
  
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• Fortescue posts record shipments

  29-07-2021 06:05 via businessnews.com.au
  
  Fortescue Metals Group has enjoyed a huge surge in cash flow and another rise in its share price after beating its shipments guidance for the 2021 financial year.
  
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• Fortescue post record shipments

  29-07-2021 06:05 via businessnews.com.au
  
  Fortescue Metals Group has enjoyed a huge surge in cash flow and another rise in its share price after beating its shipments guidance for the 2021 financial year.
  
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• Red 5 selling Siana mine for $26m

  29-07-2021 05:30 via businessnews.com.au
  
  Goldminer Red 5 has agreed to sell its assets in the Philippines for $US19 million, in a bid to focus further on developing its King of the Hills project in Western Australia.
  
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• Cottesloe apartments could get green light

  29-07-2021 05:00 via businessnews.com.au
  
  Gary Dempsey Developments’ revised proposal for a seven-storey building along Marine Parade has been recommended for approval when the state's planning body meets next week.
  
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• Cottesloe apartments to get green light

  29-07-2021 04:58 via businessnews.com.au
  
  Gary Dempsey Developments’ revised proposal for a seven-storey development along Marine Parade has been recommended for approval when the state's planning body meets next week.
  
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• Qantas eyes vaccines for overseas flights

  29-07-2021 04:30 via businessnews.com.au
  
  Qantas Airways is set to make coronavirus vaccinations mandatory for all international travellers when Australia's borders reopen.
  
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• Major recovery package after WA cyclone

  29-07-2021 04:30 via businessnews.com.au
  
  Western Australians affected by Tropical Cyclone Seroja will receive further help under a record $104.5 million disaster recovery package.
  
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• API rejects Wesfarmers takeover offer

  29-07-2021 04:00 via businessnews.com.au
  
  Priceline Pharmacy owner Australian Pharmaceutical Industries has rejected a takeover offer from Wesfarmers.
  
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• Blow for desert music fans as Mundi Mundi Bash postponed again

  29-07-2021 03:36 via abc.net.au
  
  For the second time in as many months the Mundi Mundi Bash in Broken Hill is postponed, this time until April next year.
  
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• Morrison pushes sooner second vaccinations

  29-07-2021 03:00 via businessnews.com.au
  
  Scott Morrison has urged all Australians to bring forward their second AstraZeneca jab with Sydney facing an explosion of coronavirus infections.
  
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• Fully jabbed by Christmas: PM

  29-07-2021 03:00 via businessnews.com.au
  
  Scott Morrison expects everyone who wants a COVID-19 jab to be fully vaccinated by the end of the year.
  
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• New ASIC chair eyes crypto scams preying on vulnerable consumers during pandemic

  29-07-2021 02:58 via abc.net.au
  
  The new ASIC chair says the corporate cop will use its teeth against big business wrongdoing, but for now is focused on scams targeting vulnerable consumers during the COVID pandemic.
  
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