Analyst news

• Aussie dollar sinks to 10-month low, ASX set to recover from four-day losing streak

  19-08-2021 23:47 via abc.net.au
  
  The local share market is set to recover in early trade, snapping its four-day losing streak, even as the Australian dollar sinks to a 10-month low, and iron ore prices collapse by 13.5 per cent. 
  
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• Aussie dollar sinks to 10-month low, ASX recovers from four-day losing streak

  19-08-2021 23:47 via abc.net.au
  
  The local share market creeps slightly higher, after falling for the past four days, even as the Australian dollar sinks to a 10-month low and iron ore prices fall deeper into a bear market.
  
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• Aussie dollar sinks to 10-month low, ASX drops for its fifth day in a row

  19-08-2021 23:47 via abc.net.au
  
  The local share market finishes its week in the red, after dropping for five straight days, while the Australian dollar sinks to a 10-month low and iron ore prices fall deeper into a bear market.
  
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• 'An absolute joke': Minister apologises as 60,000 businesses await lockdown payments

  19-08-2021 23:01 via abc.net.au
  
  Thousands of NSW businesses are yet to receive their pledged financial assistance during the lockdown — and some say they are at crisis point. 
  
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• Larry Chen lost $22 billion as China imposed laws that decimated the tutoring industry

  19-08-2021 22:38 via abc.net.au
  
  China wants its citizens to have more babies, so it's trying to reduce living costs through a policy that cracks down on billionaires and bans private tutors from earning a profit. 
  
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• Larry Chen lost $22 billion after China imposed laws that decimated the tutoring industry

  19-08-2021 22:38 via abc.net.au
  
  China wants its citizens to have more babies, so it's trying to reduce living costs through a policy that cracks down on billionaires and bans private tutors from earning a profit. 
  
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• Toyota to slash car production because of global chip shortage

  19-08-2021 22:03 via abc.net.au
  
  The world's largest automaker says it will cut car production by 40 per cent, with 14 factories in Japan, the US, China and Europe to be affected.
  
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• 'No jab, no jive': Outback music festivals make vaccination compulsory

  19-08-2021 21:00 via abc.net.au
  
  The 10,000 people planning to attend either the Big Red Bash or Mundi Mundi Bash in 2022 will need to be fully vaccinated against COVID-19 in order to take part, organisers say.
  
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• West Aussies escape NSW virus outbreak

  19-08-2021 11:30 via businessnews.com.au
  
  Hundreds of Western Australians have heeded a call to return from coronavirus-plagued NSW ahead of restrictions being further tightened.
  
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• WA jobless rate falls to 7-year low

  19-08-2021 11:15 via businessnews.com.au
  
  Western Australia’s unemployment rate has fallen to 4.6 per cent, the lowest since December 2013.
  
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• At Close of Business: Jesinta Burton on Connect Resources

  19-08-2021 10:18 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Jesinta Burton talks about the growth of recruitment services business Connect Resources.
  
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• Miners in freefall, ASX sinks lower

  19-08-2021 10:00 via businessnews.com.au
  
  Heavy losses have continued for the iron ore giants, contributing to a fourth consecutive ASX loss as a resurgent coronavirus entangles the global economy.
  
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• Former Crown Resorts boss grilled about Packer relationship

  19-08-2021 09:54 via businessnews.com.au
  
  Former Crown Resorts boss John Alexander has been quizzed about his relationship with the company's largest shareholder during today's Perth Casino Royal Commission.
  
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• Aspen Group to buy BGC apartments

  19-08-2021 09:46 via businessnews.com.au
  
  Aspen Group plans to spend $52 million buying and refurbishing a portfolio of Perth apartments with an extraordinarily high 59 per cent vacancy rate.
  
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• Aspen Group buys BGC apartments

  19-08-2021 09:46 via businessnews.com.au
  
  Aspen Group has announced plans to acquire a portfolio of apartments owned by associates of BGC for $52 million.
  
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• Shot in the arm for Pilbara, FIFO workers

  19-08-2021 09:30 via businessnews.com.au
  
  Rio Tinto has linked arms with the state government to roll out COVID-19 vaccines to FIFO workers and Pilbara residents.
  
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• Airport vaccinations for FIFO workers

  19-08-2021 09:30 via businessnews.com.au
  
  Rio Tinto workers will be eligible to receive their first dose of the COVID-19 vaccine at Perth Airport from next month.
  
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• Afghanistan evacuees to quarantine in WA

  19-08-2021 09:30 via businessnews.com.au
  
  The state government will provide quarantine assistance to arrivals from Kabul, as part of Australia’s mission to evacuate people from the Taliban-controlled city.
  
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• Teens offered virus jabs from August 30

  19-08-2021 09:09 via businessnews.com.au
  
  Prime Minister Scott Morrison said cabinet had agreed to expand the national rollout to all people aged between 16 and 39.
  
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• Velrada expands team

  19-08-2021 09:00 via businessnews.com.au
  
  Perth-based technology consultancy Velrada has made several new hires to support its growth as it continues to consider ways to raise capital.
  
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• Monadelphous sues ACOR over $1m contract 'breach'

  19-08-2021 08:35 via businessnews.com.au
  
  Monadelphous is suing Fremantle-based ACOR Consultants for almost $1 million over allegedly breaching a contract for works on BHP’s $27 million Jimblebar mine upgrade.
  
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• $20m upgrade for Perth intersection

  19-08-2021 08:30 via businessnews.com.au
  
  Local company Highway Construction has been tasked with upgrading a major intersection in Tuart Hill, as part of a $20 million project.
  
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• Meaningful mine site connections

  19-08-2021 08:00 via businessnews.com.au
  
  A new app aims to reduce social isolation on remote mine sites.
  
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• Jadar, Tempus raise $10m to progress projects

  19-08-2021 08:00 via businessnews.com.au
  
  Perth-based companies Jadar Resources and Tempus Resources are raising funds to progress their projects in Australia and Canada.
  
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• How a trusty pocket knife and quick action pulled a truck driver from ball of flames

  19-08-2021 07:50 via abc.net.au
  
  When Ronny Seidel came across a colleague trapped in a truck cab surrounded by a wall of flames, he grabbed his pocket knife and ran to help. 
  
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• 'At the moment it's just reputation' but Australia's tardiness on climate change could cost trade, investment expert warns

  19-08-2021 07:36 via abc.net.au
  
  A top investment manager warns Australia risks being excluded from future trade deals unless the Prime Minister commits to a target of net zero emissions by 2050.
  
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• NRW soars despite mixed full-year results

  19-08-2021 07:00 via businessnews.com.au
  
  Shares in NRW Holdings were up more than 15 per cent today as the market welcomed the company’s full-year results, despite a fall in net profit.
  
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• NSW government shuts down possibility of moving Coolangatta-Tweed border

  19-08-2021 05:58 via abc.net.au
  
  Hopes of moving the border are shut down, with the NSW government saying the border "cannot move and should not move".
  
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• When Vashti shows up to worksites, there often aren't toilets for women

  19-08-2021 05:54 via abc.net.au
  
  The Nowhere to Go campaign is urging regulators to make sure women on worksites have bathrooms with soap and sanitary bins.
  
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• Kempsey's confirmed COVID-19 case puts town on high alert

  19-08-2021 05:47 via abc.net.au
  
  The statewide lockdown affecting regional and metropolitan areas of New South Wales has been extended until August 28, just a day after a COVID-19 case was confirmed in Kempsey.
  
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• Austin invests in Perth, Indonesia facilities

  19-08-2021 05:00 via businessnews.com.au
  
  David Singleton-led Austin Engineering will invest $6.5 million to improve its manufacturing facilities in Perth and Indonesia.
  
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• IGO, Western Areas confirm takeover talks

  19-08-2021 04:30 via businessnews.com.au
  
  IGO has confirmed it is in discussions with fellow nickel miner Western Areas over a potential takeover worth more than $800 million.
  
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• Qantas 'right model' on workplace vaccines

  19-08-2021 04:00 via businessnews.com.au
  
  Businesses would do well to follow Qantas' model of requiring COVID-19 vaccinations, Prime Minister Scott Morrison says.
  
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• Scone's Warbirds attraction up in the air as contractor blamed for hangar fault

  19-08-2021 03:39 via abc.net.au
  
  The $9m museum at Scone Airport is left hanging after "structural design issues" were discovered.
  
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• Unemployment rate drops early in lockdown as people give up looking for work

  19-08-2021 03:38 via abc.net.au
  
  Australia's official unemployment rate drops early on in the latest round of lockdowns, as the number of people looking for work falls.
  
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• Unemployment rate dropped early in lockdown as people gave up looking for work, data reveals

  19-08-2021 03:38 via abc.net.au
  
  The Bureau of Statistics says the official unemployment rate fell in July for one main reason — people in NSW stopped looking for jobs.
  
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• Unemployment drops to a 13-year low, but there's only bad news behind the headline figure

  19-08-2021 03:38 via abc.net.au
  
  The Bureau of Statistics says the official unemployment rate fell in July for one main reason — people in NSW stopped looking for jobs.
  
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• Origin Energy slumps to $2.3bn loss

  19-08-2021 03:00 via businessnews.com.au
  
  Origin Energy has reported an annual loss of $2.3 billion after a massive write-down.
  
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• NT residents likely ineligible for full COVID disaster payments if lockdowns lifts

  19-08-2021 02:58 via abc.net.au
  
  Northern Territory senator Sam McMahon says most eligible workers in locked-down NT regions "probably aren't going to be eligible for the full $750" in federal payments if lockdowns end at 12:00pm Thursday as scheduled.
  
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• NT residents likely ineligible for full COVID disaster payments as lockdowns partially lift

  19-08-2021 02:58 via abc.net.au
  
  Northern Territory senator Sam McMahon says most eligible workers in locked-down NT regions "probably aren't going to be eligible for the full $750" in federal payments as lockdown ends in Greater Darwin and remains in Katherine.
  
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• Not all NT residents will be eligible for full COVID disaster payments as lockdowns partially lift

  19-08-2021 02:58 via abc.net.au
  
  People in the Greater Darwin and Katherine regions who have lost work due to lockdowns will be eligible for federal COVID-19 disaster payments, but not everyone will be able to claim the full amount.
  
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• Nervous wait for retirement living reforms

  19-08-2021 02:00 via businessnews.com.au
  
  A lengthy reform process has created uncertainty in the retirement living sector.
  
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• 'It's very hard to get started': Small-scale abattoirs needed for producers to break into market

  19-08-2021 00:36 via abc.net.au
  
  Queensland is home to half of Australia's cattle, but for beef producers looking to launch their own brand, there's one big problem standing in their way — a lack of access to abattoirs.
  
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