Analyst news

• Think thousands of businesses are going bust? Tens of thousands of Australians are registering new ones

  26-08-2021 23:59 via abc.net.au
  
  Despite lockdowns threatening mass business failures, the Australian Bureau of Statistics reports more Australians than ever before are registering new businesses.
  
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• Wesfarmers posts profit but tough year ahead, retail sales down in July, ASX slips

  26-08-2021 23:27 via abc.net.au
  
  Wesfarmers posts a profit but says sales this financial year have dropped due to ongoing lockdowns. The warning comes as ABS figures show retail sales fell in July. The ASX has slipped.
  
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• Wesfarmers posts big profit but predicts tough year ahead, retail sales down in July, ASX slips

  26-08-2021 23:27 via abc.net.au
  
  Wesfarmers posts a profit but says sales this financial year have dropped due to ongoing lockdowns. The warning comes as ABS figures show retail sales fell in July. The ASX has closed 0.1 per cent down.
  
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• Wall Street closes in the red, investors worry about Jackson Hole meeting, Afghanistan

  26-08-2021 23:27 via abc.net.au
  
  Australian shares are set to slip after Wall Street finished in the red. Investors are anxious about a meeting of central bankers on Friday, and reacted to the bombing in Afghanistan. 
  
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• ASX slips, Wesfarmers posts strong earnings but forecasts difficult year ahead

  26-08-2021 23:27 via abc.net.au
  
  Australian shares slip after Wall Street finishes in the red. Investors are anxious about a meeting of central bankers on Friday, and reacted to the bombing in Afghanistan.
  
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• New generation of tour guides thinks big in a push to return to their traditional homeland

  26-08-2021 23:26 via abc.net.au
  
  With the potential to generate millions of dollars from tourism, big decisions loom for the traditional custodians of land in WA's north that boasts rich mining deposits. 
  
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• The Mid North Coast oarmakers providing for Paralympians and Olympians

  26-08-2021 23:23 via abc.net.au
  
  Rowing gets underway at the Paralympics today, and the Australian athletes won't be the only local products on display – an Australian oarmaker is also hoping for success.
  
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• Sydney's second city-wide COVID lockdown is hitting payroll jobs harder than its first

  26-08-2021 22:34 via abc.net.au
  
  Sydney's lockdowns have hit payroll jobs hardest in New South Wales, but other states are recording noticeable falls.
  
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• Sydney's second city-wide COVID lockdown is hitting jobs harder than its first

  26-08-2021 22:34 via abc.net.au
  
  Sydney's lockdowns have hit payroll jobs hardest in New South Wales, but other states are recording noticeable falls.
  
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• Negative momentum in Sydney is accelerating' as official figures show job losses mounting

  26-08-2021 22:34 via abc.net.au
  
  Sydney's lockdowns have hit payroll jobs hardest in New South Wales, but other states are recording noticeable falls.
  
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• Truck driver strike threatens to delay food and fuel supplies

  26-08-2021 22:19 via abc.net.au
  
  Thousands of truck drivers employed by transport giant Toll are on a 24-hour strike after wage negotiations broke down over plans to use cheaper contractors with fears that food and fuel supplies could be disrupted across the country today. 
  
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• Toll truckies are on strike today, and thousands more are threatening to walk off the job in the next few weeks

  26-08-2021 22:19 via abc.net.au
  
  Thousands of truck drivers employed by transport giant Toll are on a 24-hour strike after wage negotiations broke down over plans to use cheaper contractors with fears that food and fuel supplies could be disrupted across the country today. 
  
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• Customers face delays in receiving goods as Toll truck drivers walk out

  26-08-2021 22:19 via abc.net.au
  
  Transport giant Toll Group says a 24-hour strike by 7,000 truck drivers has affected some customers, with the impact including minor delays to the delivery of some medical supplies in Sydney. 
  
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• Why electric vehicle owners are being asked to attach a label to their number plates

  26-08-2021 21:41 via abc.net.au
  
  In a car crash, electric vehicle battery power packs can be a risk to firefighters and paramedics attending the scene.
  
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• 'Battery power packs in these vehicles can kill': Warning tags to be fitted to electric cars

  26-08-2021 21:41 via abc.net.au
  
  In a car crash, electric vehicle battery power packs can be a risk to firefighters and paramedics attending the scene.
  
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• 'You can't just preach at them from a lectern': Where Victoria's daily press conferences may be missing the mark

  26-08-2021 21:11 via abc.net.au
  
  Premier Daniel Andrews has raised serious concerns about young people delaying getting tested for COVID-19 during this outbreak, but what is he doing to engage them?
  
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• In 2020, we had 'get on the beers'. How is the Victorian government reaching young people now?

  26-08-2021 21:11 via abc.net.au
  
  Premier Daniel Andrews has raised serious concerns about young people delaying getting tested for COVID-19 during this outbreak, but what is he doing to engage them?
  
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• Ertech delivers big payout to staff

  26-08-2021 18:06 via businessnews.com.au
  
  Perth contractor Ertech has paid a bumper dividend of $19 million to its employee shareholders while also undertaking a share buy-back that will result in staff becoming majority owners.
  
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• Money for coal? The battle over the future of the National Electricity Market 

  26-08-2021 10:27 via abc.net.au
  
  Federal energy minister Angus Taylor is battling to get support from the states and territories for his plan to get electricity retailers to pay coal and gas-fired power generators to keep operating.
  
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• Defence West exec joins German shipbuilder

  26-08-2021 10:07 via businessnews.com.au
  
  One of WA’s most prominent defence industry executives is set to jump ship and take a senior role with global shipbuilder Lurssen.
  
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• At Close of Business: Katie McDonald on industrial property

  26-08-2021 09:59 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Katie McDonald talks about the growth in Perth's industrial property market.
  
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• Intertek opens giant minerals testing lab

  26-08-2021 09:53 via businessnews.com.au
  
  Global company Intertek has consolidated its Perth operations into one of the world’s largest minerals testing laboratories, with 500 staff and a desire for more.
  
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• Retail investors' lesson from earnings day

  26-08-2021 09:51 via businessnews.com.au
  
  Some favourite stocks of `mum and dad' investors took a beating while the ASX closed lower ahead of a key meeting of US Federal Reserve officials.
  
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• Regal Theatre operators 'swindled out of $850k'

  26-08-2021 09:25 via businessnews.com.au
  
  The operators of the Regal Theatre have launched legal action in a bid to retrieve $850,000 they claim they handed over to an investment company which promised to double their funds in 30 days.
  
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• Takeover target Huon cops $128m loss

  26-08-2021 09:15 via businessnews.com.au
  
  Tasmania’s Huon Aquaculture has sunk to a full year loss of $128 million despite scooping up 39 per cent more tonnage of salmon.
  
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• 'It makes me want to cry': Businesses on Qld-NSW border struggling to stay afloat

  26-08-2021 09:07 via abc.net.au
  
  The Queensland government is refusing to provide an emergency funding package for Gold Coast businesses crippled by border restrictions despite warnings many could go broke.
  
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• Woolworths boss baulks at mandatory jabs

  26-08-2021 09:00 via businessnews.com.au
  
  Woolworths boss Brad Banducci has baulked at mandatory coronavirus vaccination for staff despite the Delta strain posing the biggest challenge to maintaining profits.
  
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• Children join rollout as virus cases soar

  26-08-2021 09:00 via businessnews.com.au
  
  Australia's coronavirus vaccination rollout will be expanded to all children aged 12 to 15 as daily case records continue to be smashed.
  
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• Country mayors state their case for lockdown reprieve

  26-08-2021 08:55 via abc.net.au
  
  The Loddon-Mallee mayors say their regions have fewer than four people per square kilometre, compared to Greater Melbourne which has 500 residents per square kilometre.
  
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• Sapura picked for Dorado platform

  26-08-2021 08:50 via businessnews.com.au
  
  Santos has awarded a front end engineering contract for design, construction, and installation of the Dorado wellhead platform to Sapura Energy.
  
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• The Tasmanian budget has been handed down. Who are the winners and losers?

  26-08-2021 08:42 via abc.net.au
  
  Premier Peter Gutwein has handed down Tasmania's budget for 2021 and there aren't too many surprises. What's in it for you?
  
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• Missed Tasmania's budget? We've got you covered. Here's what you need to know

  26-08-2021 08:42 via abc.net.au
  
  Premier Peter Gutwein has handed down Tasmania's budget for 2021 and there aren't too many surprises. What's in it for you?
  
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• Perseus grows full-year profit, introduces dividend

  26-08-2021 08:30 via businessnews.com.au
  
  Subiaco-based Perseus Mining has reported a 48 per cent jump in net profit to almost $140 million, after commissioning its third mine and boosting production.
  
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• Romantic thrills and spills

  26-08-2021 08:17 via businessnews.com.au
  
  Freeze Frame Opera’s “Angels & Devils” presents unlikely opera repertoire in an unusual venue and Sandra Bowdler says it offers a night of good fun and great singing.
  
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• ARTS REVIEW - Romantic thrills and spills

  26-08-2021 08:15 via businessnews.com.au
  
  Freeze Frame Opera’s “Angels & Devils” presents unlikely opera repertoire in an unusual venue and Sandra Bowdler says it offers a night of good fun and great singing.
  
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• Balancing budget expectations

  26-08-2021 08:00 via businessnews.com.au
  
  The premier won’t be able to please everyone with his first budget as treasurer.
  
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• COVID-19 crisis deepens across western New South Wales

  26-08-2021 07:57 via abc.net.au
  
  Authorities have warned cases of COVID-19 in western New South Wales will continue to grow, but hope the number people infectious in the community will decrease and more people will get tested.
  
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• Time for Perth to grow in

  26-08-2021 07:47 via businessnews.com.au
  
  Property Council of Australia WA executive Sandra Brewer shares her thoughts on the need for a renewed debate on Perth infill development.
  
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• So your town has silo art — what do you need to do next?

  26-08-2021 07:31 via abc.net.au
  
  It's official — silo art brings visitors to the regions but getting them to spend locally is another matter.
  
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• Direct flights between Kalgoorlie-Boulder and Busselton sound enticing but councils wary of cost

  26-08-2021 06:28 via abc.net.au
  
  An aviation expert says two councils in regional Western Australia would need to spend millions of dollars to underwrite a potential air link between Kalgoorlie-Boulder and Busselton – and even then, he is "not confident it could fly". 
  
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• An on-water fire, salmon thieves and COVID — Huon Aquaculture reveals $128m loss after 'turbulent year'

  26-08-2021 06:05 via abc.net.au
  
  Fish pen disasters, the mysterious disappearance of tonnes of salmon from a NSW processing plant and soaring freight costs are being blamed for a $128 million loss for Australia's second-largest salmon producer.
  
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• As a eureka moment descended over Onslow, the town's power station fell eerily quiet

  26-08-2021 05:59 via abc.net.au
  
  A landmark trial that allowed a WA town to run on 100 per cent renewable energy is being heralded as a blueprint for electricity grids across the country.
  
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• ASX 200 companies reach gender target

  26-08-2021 05:00 via businessnews.com.au
  
  Western Australian companies Chalice Mining and Silver Lake Resources appointed females to their boards this month, ending the all-male representation among the ASX 200.
  
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• $31.5m for Port Hedland road and rail works

  26-08-2021 05:00 via businessnews.com.au
  
  Highway Construction and Albem Operations are set to build a major piece of BHP-funded road and rail infrastructure near Port Hedland.
  
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• A bright spot for commercial property

  26-08-2021 04:55 via businessnews.com.au
  
  Perth’s office market continues to show signs of recovery, amid the threat of lockdowns and a shift to WFH.
  
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• Deregulated shopping push loses big backer

  26-08-2021 04:14 via abc.net.au
  
  The government's long-running ambition to fully deregulate the state's shopping hours is dealt a major blow as Business SA realigns its stance closer to the Opposition.
  
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• Fixed-wireless ISPs signal growth

  26-08-2021 04:00 via businessnews.com.au
  
  Australians have given fixed-wireless internet the tick of approval as two major providers today reported strong growth in revenue and earnings in the year to June.
  
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• Flight Centre posts $364m loss

  26-08-2021 03:30 via businessnews.com.au
  
  Travel agency group Flight Centre has slumped to a loss due to the impact of the coronavirus pandemic but sees blue skies ahead.
  
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• Qantas suffers annual loss as virus weighs

  26-08-2021 03:00 via businessnews.com.au
  
  Qantas has posted a full-year net loss of $1.73 billion as the coronavirus pandemic continues to weigh on the carrier, creating "diabolical" conditions.
  
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• Qantas pegs travel hope on vaccine rollout

  26-08-2021 03:00 via businessnews.com.au
  
  Qantas is hopeful the worst is behind it as the vaccine rollout advances, after posting an annual net loss of $1.73 billion due to border closures.
  
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