Analyst news

• ASX to open down as Jack Dorsey's Square surges on record-breaking Afterpay deal

  02-08-2021 23:18 via abc.net.au
  
  Wall Street has a mixed day of trade, pulling down the local share market, but Square is doing nicely off its Afterpay offer.
  
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• Afterpay and Square continue to surge on record-breaking takeover bid, as ASX 200 trends down

  02-08-2021 23:18 via abc.net.au
  
  The record-breaking takeover of Afterpay by Jack Dorsey's Square is dominating the Australian sharemarket again, with the buy now pay later stock surging on open.
  
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• Afterpay and Square continue to surge on record-breaking $39b takeover bid, as ASX 200 ends down

  02-08-2021 23:18 via abc.net.au
  
  The record-breaking takeover of Afterpay by Jack Dorsey's Square dominates the Australian share market again, with the buy now, pay later stock surging.
  
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• Jacinta knew something was wrong with her rental. Now, it and 15 others are empty

  02-08-2021 22:20 via abc.net.au
  
  The problems began not long after Ms Benger moved into her affordable Palmerston home. It's now locked up and empty as a list of potential defects is addressed, while one company involved in the project nears completion on more social housing.
  
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• Wayne and Sam put solar panels on their roof. Two years later, they wanted them removed

  02-08-2021 22:02 via abc.net.au
  
  Australia is being swept up in a renewable energy revolution, and rooftop solar is a major part of that shift. But some consumers say there's little help available if things go wrong.
  
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• Why 'just say no' won't stop you overspending. Here's what you can do instead 

  02-08-2021 22:00 via abc.net.au
  
  Our brains love the 'sugar high' of impulse buying. So how do we save ourselves from overspending and regretting our purchases?
  
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• It takes willpower to stop overspending and save money. Here's how to be more frugal

  02-08-2021 22:00 via abc.net.au
  
  Our brains love the 'sugar high' of impulse buying. So how do we save ourselves from overspending and regretting our purchases?
  
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• 'Too little, too late': Businessowners say they feel let down by Queensland government's lockdown support

  02-08-2021 21:38 via abc.net.au
  
  The Queensland government's announcement of a one-off support payment of $5,000 gets a cool reception from some businessowners who say it's "insulting" and not enough to make a difference to their bottom lines.
  
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• 'Too little, too late': Business owners say they feel let down by Queensland government's lockdown support

  02-08-2021 21:38 via abc.net.au
  
  The Queensland government's announcement of a one-off support payment of $5,000 gets a cool reception from some business owners who say it's "insulting" and not enough to make a difference to their bottom lines.
  
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• '$5,000 doesn't even cover me till lunchtime': Queensland businesses say support grant is an ‘insult’ as livelihoods crumble

  02-08-2021 21:38 via abc.net.au
  
  The Queensland government's announcement of a one-off support payment of $5,000 gets a cool reception from some business owners who say it's "insulting" and not enough to make a difference to their bottom lines.
  
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• '$5,000 doesn't even cover me till lunchtime': Queensland businesses say support grant is an 'insult' as livelihoods crumble

  02-08-2021 21:38 via abc.net.au
  
  The Queensland government's announcement of a one-off support payment of $5,000 gets a cool reception from some business owners who say it's "insulting" and not enough to make a difference to their bottom lines.
  
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• 'Drawing attention': Climate activists occupy heart of Zurich financial district

  02-08-2021 11:34 via abc.net.au
  
  Swiss police are called to disperse singing and chanting activists blocking entrances to two banks in Zurich, protesting against the lenders' financing of fossil fuel projects.
  
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• Zoom in $116m settlement over privacy

  02-08-2021 11:00
  
  Zoom Video Communications will pay $A116 million out-of-court for a class action lawsuit that claims it violated users' privacy rights.
  
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• Pearl Global to raise $6 million

  02-08-2021 10:33
  
  Tyre recycling company Pearl Global is raising $6 million to fund an expansion of their Stapylton productions plant.
  
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• Bentleys audit partners jump ship

  02-08-2021 10:08
  
  After a combined 24 years with the company, Bentleys Perth audit partners are moving to business advisory firm Hall Chadwick.
  
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• At Close of Business: Katie McDonald on filling vacancies

  02-08-2021 10:05
  
  On today's episode of At Close of Business, journalist Katie McDonald discusses the art of filling empty spaces.
  
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• Ramelius, Red 5 unveil new mine plans

  02-08-2021 10:00
  
  Red 5 has reversed the operating strategy for the Darlot and King of the Hills mines in WA while fellow goldminer Ramelius Resources has also unveiled a new production plan.
  
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• Afterpay merger helps ASX record high

  02-08-2021 10:00
  
  A mega takeover deal for Afterpay ignited technology shares and helped the ASX to a record high level.
  
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• Oil Search says go on Santos deal

  02-08-2021 09:59
  
  A $21 billion merger of Santos and Oil Search looks set to proceed after the companies agreed to revised terms.
  
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• Venturex to become Develop

  02-08-2021 09:51
  
  Bill Beament has unveiled a new name and business model for Venturex Resources, which plans to combine mining and contracting in a similar manner to major shareholder Mineral Resources.
  
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• Norfolk Island on track to be the first fully vaccinated community in Australia

  02-08-2021 09:40 via abc.net.au
  
  Two thirds of the pristine island's residents have received their first jab, even those on working visas.
  
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• Housing market losing steam: CoreLogic

  02-08-2021 09:29
  
  Australia’s house prices have continued to grow this month, but the market appears to be losing steam, according to the latest data from CoreLogic.
  
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• Poseidon seeks $25m for WA projects

  02-08-2021 08:30
  
  Poseidon Nickel has raised funds to progress the restart of its Black Swan mine and processing plant in Western Australia as well as continue exploration activities.
  
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• Neutrogena recalls sunscreen after benzene detected in batches

  02-08-2021 08:16 via abc.net.au
  
  Benzene, a chemical that is known to cause some cancers, is not an ingredient in the Neutrogena sunscreen, but is sometimes used in medicine manufacturing processes.
  
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• Turnbull joins board of WA-born tech company

  02-08-2021 08:02
  
  Former Prime Minister Malcolm Turnbull has joined the board of a Perth-created tech business with clients including NASA and Tesla, Advanced Navigation.
  
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• Mitsubishi invests in AI Carbon

  02-08-2021 08:02
  
  Mitsubishi has acquired a 40 per cent stake in carbon developer Australian Integrated Carbon for an undisclosed sum.
  
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• The Chinese meat boom

  02-08-2021 08:00
  
  Despite the ongoing trade dispute, Australia has some inherent advantages in the meat trade with China.
  
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• Murray River border businesses 'hanging on by the skin of our teeth' as Victoria tightens restrictions

  02-08-2021 07:54 via abc.net.au
  
  Business owners along the Murray River want Victorian and New South Wales decision makers to visit the regions before enforcing tighter restrictions. 
  
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• NRW’s Primero wins $155m in contracts

  02-08-2021 07:30
  
  Listed contractor NRW Holdings has secured new work through its Primero business, including on two iron ore projects in Western Australia.
  
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• Australia is in a housing crisis: Labor

  02-08-2021 06:00
  
  Federal Labor has set out a five-point plan to ease the growing housing crisis in Australia and assist the growing number of homeless people.
  
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• Mayor Tom Tate calls for the Gold Coast to be excluded from lockdown extension

  02-08-2021 05:38 via abc.net.au
  
  Tom Tate says the "only clusters are in Brisbane" and is calling for restrictions to be eased on the Gold Coast amid fears for local businesses.
  
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• Gold Coast Mayor appeals for a 'look at the data' as he calls for lockdown exclusion

  02-08-2021 05:38 via abc.net.au
  
  Tom Tate says the "only clusters are in Brisbane" and is calling for restrictions to be eased on the Gold Coast amid fears for local businesses.
  
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• Cirrus rejects Webcentral takeover

  02-08-2021 05:00
  
  The board of Cirrus Networks has rejected an “inadequate” takeover bid from Webcentral Group that valued the Perth-based IT services business at $30 million.
  
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• Australia's Afterpay to merge with Square

  02-08-2021 04:00
  
  Australian buy-now-pay-later group Afterpay will merge with US digital payments giant Square in a deal worth $39 billion.
  
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• Afterpay bought for $39bn

  02-08-2021 04:00
  
  Australian buy-now-pay-later group Afterpay has accepted a takeover offer from US digital payments giant Square in a deal worth $39 billion.
  
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• Ben Roberts-Smith defamation case adjourned for three months due to Sydney COVID outbreak

  02-08-2021 03:38 via abc.net.au
  
  The high-stakes defamation trial of war veteran Ben Roberts-Smith is adjourned due to Sydney’s COVID-19 outbreak.
  
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• WA regions outperforming Perth in container recycling

  02-08-2021 03:21 via abc.net.au
  
  The City of Kalgoorlie-Boulder has seen a 23 per cent decrease in the volume of its recycling collections, but experts say there's a good reason for that.
  
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• AstraZeneca looks to varied booster shot

  02-08-2021 03:00
  
  AstraZeneca is working on a booster shot for its coronavirus vaccine to combat mutations of the deadly disease.
  
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• ASX on the rise as takeover talk boosts energy and buy now, pay later stocks

  02-08-2021 02:52 via abc.net.au
  
  Takeover offers see shares in Afterpay and Oil Search surge as all sectors of the local share market rise in early trade.
  
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• ASX hits fresh high as takeover talk boosts energy and buy now, pay later stocks

  02-08-2021 02:52 via abc.net.au
  
  Takeover offers see shares in Afterpay and Oil Search surge as all sectors of the local share market rise in early trade.
  
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• PM confident on coronavirus vaccine target

  02-08-2021 02:30
  
  Scott Morrison has flagged smaller-scale lockdowns when coronavirus vaccination coverage hits a major milestone he is confident of achieving this year.
  
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• The art of filling empty spaces

  02-08-2021 02:00
  
  Fremantle has taken a creative approach to tackling commercial vacancies, with a little help from artistic locals.
  
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• Bonissimo cleans up the coffee business

  02-08-2021 02:00
  
  A new owner is reshaping the long-running coffee roastery, with multiple acquisitions and an environmentally focused packaging company.
  
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• Shaye wants to become a mechanic, but getting a drivers licence has been a challenge

  02-08-2021 01:28 via abc.net.au
  
  In the shadows of the old Holden site in Adelaide's north, many young people struggle to get the support they need to learn to drive — but the skill can make all the difference when it comes to finding a job, and local teens are now getting the steer they need to get behind the wheel.
  
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• Afterpay to be bought by US giant Square in $39 billion deal

  02-08-2021 01:01 via abc.net.au
  
  Buy now, pay later market darling Afterpay enters into a deal with payments firm Square, which values it at $39 billion.
  
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• Afterpay shares surge after US giant Square launches biggest buyout in Australian corporate history

  02-08-2021 01:01 via abc.net.au
  
  Buy now, pay later market darling Afterpay enters into a deal with payments firm Square, in what is set to be Australia's largest-ever buyout deal.
  
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