Analyst news

• Wall Street drops on tapering fears, with the ASX 200 set to follow

  18-08-2021 23:26 via abc.net.au
  
  Wall Street drops and the Australian share market is expected to slide, after fears that economic support will be switched off in the United States within months.
  
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• Star loses revenue and 'remains open' to Crown, while ASX 200 follows Wall Street down

  18-08-2021 23:26 via abc.net.au
  
  The Australian share market is sliding on fears that economic support will be curtailed in the US, as companies here continue to disclose company results that show a mixed bag during COVID-19.
  
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• Star and Treasury Wine lose revenue over COVID and China, while ASX 200 follows Wall Street down

  18-08-2021 23:26 via abc.net.au
  
  The Australian share market slides on fears that economic support will be curtailed in the US, as company results here show a mixed bag during COVID-19.
  
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• City sisters take over outback roadhouse, find love and help bring a small town back to life

  18-08-2021 23:06 via abc.net.au
  
  When sisters Mary and Laura Josey took over the Morven Truck Stop in 2018 they had no idea they would almost double the roadhouse's annual turnover — and find love.
  
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• How the Delta variant is making this a very different lockdown for Canberra's hospitality industry

  18-08-2021 22:36 via abc.net.au
  
  This time around, the ACT's lockdown is different thanks to the infectiousness of the Delta variant, and it's most obvious across the hospitality industry.
  
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• China's crackdown on 'powerful' tech giants may be a 'terrible own goal'

  18-08-2021 21:35 via abc.net.au
  
  China has wiped out more than $1 trillion from its biggest tech firms, and the billionaires facing the greatest risk are the ones whose power and influence rivals that of Xi Jinping.
  
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• The sale of this $80m building could be the end of a thriving arts hub at Melbourne's heart

  18-08-2021 21:32 via abc.net.au
  
  The historic Nicholas Building is up for sale and the artists, galleries and small businesses that operate there have no guarantee they can stay once it's sold.
  
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• Car registration could become thing of the past under bold infrastructure recommendations

  18-08-2021 21:32 via abc.net.au
  
  An overhaul of the vehicle registration system, more underground rail and a London-style congestion tax in Melbourne could all be on the cards under a 30-year plan.
  
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• Wages still weak in the June quarter, despite tighter labour markets

  18-08-2021 21:03 via abc.net.au
  
  Wage growth weakened in the June quarter,  despite decade-low unemployment rate of 4.9 per cent
  
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• The economy's in for a 'bumpy' ride, but so far wages appear to be missing out on the ups

  18-08-2021 21:03 via abc.net.au
  
  Wage growth weakened in the June quarter,  despite decade-low unemployment rate of 4.9 per cent, and things are only likely to get worse because of the latest lockdowns.
  
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• Gender pay gap widens even as overall wage growth stalls

  18-08-2021 21:03 via abc.net.au
  
  Wage growth weakened in the June quarter and the gender pay gap widened despite a decade-low unemployment rate of 4.9 per cent — and things are only likely to get worse because of the latest lockdowns.
  
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• Seven West director to appear at casino inquiry

  18-08-2021 16:54 via businessnews.com.au
  
  John Alexander will today become the third witness at the Crown casino inquiry with links to Kerry Stokes, who has close personal and business ties to royal commissioner Neville Owen.
  
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• Nurses rally over WA hospital shortages

  18-08-2021 11:00 via businessnews.com.au
  
  Nurses and midwives have rallied against "dangerous" staff shortages and working conditions at Perth's primary maternity hospital.
  
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• $35 million to upgrade HBF Park

  18-08-2021 10:18 via businessnews.com.au
  
  The state government has allocated $35 million to upgrade facilities at HBF Park ahead of the 2023 FIFA Women’s World Cup.
  
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• At Close of Business: Sean Cowan on sports museums

  18-08-2021 10:03 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Sean Cowan makes the case for a sports museum in WA.
  
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• Iron ore miners face cost escalation

  18-08-2021 09:44 via businessnews.com.au
  
  BHP has disclosed that its iron ore production costs are set for a big increase next year though its costs will remain just below rival Rio Tinto.
  
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• Character matters, says Subiaco mayor

  18-08-2021 09:42 via businessnews.com.au
  
  OPINION: Nothing will change in WA's local government sector until it tackles widespread behavioural issues, writes Penny Taylor.
  
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• Fishing friendship approved by ex-casino boss, Commission told

  18-08-2021 09:39 via businessnews.com.au
  
  Former Crown Perth regulatory compliance manager Paul Hulme has told the Perth Casino Royal Commission ex-casino boss Barry Felstead knew about his relationship with the state’s chief casino officer.
  
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• BHP plunges, CSL slips and take ASX lower

  18-08-2021 09:38 via businessnews.com.au
  
  Investors did not like what they read in BHP and CSL's full-year reports and caused a third consecutive day of losses for shares.
  
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• Labour hire company to pay $60,000 in penalties, costs

  18-08-2021 09:00 via businessnews.com.au
  
  The owner of former Perth-based labour hire business Hi Ho Personnel has been found guilty of underpaying an international student working as a casual employee by more than $31,000.
  
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• Police 'extremely concerned': Sydney workers fined in Kiama for breaching COVID public health orders

  18-08-2021 08:40 via abc.net.au
  
  Five Sydney construction workers from local government areas of concern in Sydney are fined for travelling to Kiama in regional NSW for work.
  
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• Oil and gas rebound lifts Woodside profit

  18-08-2021 08:14 via businessnews.com.au
  
  Woodside Petroleum has swung back to a half-year profit a day after agreeing to acquire BHP's entire petroleum division in an all-stock deal.
  
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• Komatsu, Aurizon progress Perth projects

  18-08-2021 08:05 via businessnews.com.au
  
  Two projects in Perth's east are in the pipeline, with Komatsu starting work on a $6 million facility and Aurizon planning an $11.5 million development at its railyard.
  
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• Construction industry calls for essential worker classification as builders, suppliers 'going to the wall'

  18-08-2021 08:03 via abc.net.au
  
  Members of the construction industry have gathered on either side of the Queensland-NSW border, some risking a fine, to call to be classified as essential workers allowing them to cross.
  
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• Window to return could soon close: McGowan

  18-08-2021 08:00 via businessnews.com.au
  
  Premier Mark McGowan has urged Western Australians still in New South Wales to return home, warning that the window could soon close.
  
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• Border council creates COVID war chest to fund lobbying efforts

  18-08-2021 07:59 via abc.net.au
  
  A NSW council on the border with Victoria has set aside $100,00 to lobby for support for border communities, saying the region is almost on its knees after nearly a year of restricted trade and movement. 
  
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• BHP takes hammer to value of NSW's largest coal mine, again

  18-08-2021 07:37 via abc.net.au
  
  Analysts say the write-down reflects growing uncertainty in thermal coal markets and raises questions over whether BHP will be able to sell the project.
  
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• Wages sluggish even before Delta impact

  18-08-2021 07:30 via businessnews.com.au
  
  New figures show real wage growth was going backwards even before the expected crunch to the economy from widespread virus lockdowns.
  
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• $2m for green hydrogen blending

  18-08-2021 06:36 via businessnews.com.au
  
  Renewable hydrogen will soon be blended into Perth’s gas network after the state government granted Atco $2 million for a project in Jandakot.
  
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• An enhanced Olympic experience

  18-08-2021 06:19 via businessnews.com.au
  
  Whether in the stadiums or part of the spectator experience, technology is playing a big role at the Tokyo Games.
  
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• Quarantine hub deal reached, but Jandakot site not final

  18-08-2021 05:50 via businessnews.com.au
  
  The federal government plans to begin construction on WA’s 1,000 bed, purpose-built quarantine facility as early as October, despite the location having not yet been finalised.
  
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• $11m for Aboriginal heritage

  18-08-2021 05:00 via businessnews.com.au
  
  The state government has earmarked $11 million in the upcoming budget to support the passage of its Aboriginal cultural heritage legislation.
  
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• The RBA says interest rates won't move until 2024. Across the ditch it almost happened today

  18-08-2021 04:53 via abc.net.au
  
  With a white-hot housing market and closed borders restricting the flow of workers, New Zealand has similar economic problems to Australia. But the solutions are vastly different.
  
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• The RBA says interest rates won't move until 2024. Across the ditch it almost happened

  18-08-2021 04:53 via abc.net.au
  
  With a white-hot housing market and closed borders restricting the flow of workers, New Zealand has similar economic problems to Australia. But the solutions are vastly different.
  
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• Developers retain confidence in hotels

  18-08-2021 04:44 via businessnews.com.au
  
  WA’s hotel development pipeline remains robust despite border closures and lockdowns hurting the state’s tourism industry.
  
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• Bain talks tourism, COVID challenge

  18-08-2021 04:43 via businessnews.com.au
  
  A new chairperson and board changes preface a fresh era for Tourism WA.
  
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• Coles posts modest lift in full-year profit

  18-08-2021 03:00 via businessnews.com.au
  
  Coles is continuing to see sales growth slow in the first few weeks of the current financial year as trading returns to normal levels and as lockdowns in major cities drag.
  
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• Coles lifts full year profit

  18-08-2021 03:00 via businessnews.com.au
  
  Supermarket giant Coles has lifted full year profit by 7.5 per cent to $1.01 billion, even as trading returned to normal after unusual panic buying ahead of lockdowns during the year.
  
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• Can't get everyone from Afghanistan: govt

  18-08-2021 02:00 via businessnews.com.au
  
  The federal government has acknowledged it may not be able to get every Afghan who helped Australia's military to safety in time.
  
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• Businesses back female futures

  18-08-2021 02:00 via businessnews.com.au
  
  Edith Cowan University, the City of Joondalup, and the Chamber of Commerce and Industry of WA are among groups backing a newly established leadership program for Perth’s schoolgirls.
  
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• Australia's Afghan rescue mission under way

  18-08-2021 02:00 via businessnews.com.au
  
  Some Afghans who helped Australia are likely to be left behind when rescue flights depart Taliban-controlled Kabul.
  
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• Australia completes Afghan rescue flight

  18-08-2021 02:00 via businessnews.com.au
  
  Australia will ramp up rescue flights from Afghanistan after its first successful journey extracted more than 20 people from the war-torn nation.
  
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• 'Vaccinations are the only way to end the cycle of lockdowns'. That's why Qantas is making them mandatory

  18-08-2021 01:59 via abc.net.au
  
  Qantas Group will make it mandatory for all of its 22,000 employees to be fully vaccinated against COVID-19.
  
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• Qantas makes COVID-19 vaccinations mandatory for all of its workers

  18-08-2021 01:59 via abc.net.au
  
  Qantas Group will make it mandatory for all of its 22,000 employees to be fully vaccinated against COVID-19.
  
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• Farmers, truckies call for rapid antigen tests to fix NSW border bottleneck

  18-08-2021 00:20 via abc.net.au
  
  Queensland's freight and agriculture industries are pushing for faster tests in a bid to cut out costly delays on the border.
  
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