Analyst news

• The ACCC says you are paying too much for power, groceries and phone calls, and this law is one of the reasons

  27-08-2021 20:52 via abc.net.au
  
  A key regulator calls for sweeping reforms of the nation's merger laws, saying they allow for anti-competitive takeovers that benefit large corporations but cost consumers, small business and the economy as a whole.
  
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• Australia's weak merger laws mean 'consumers are paying more than they should', warns ACCC

  27-08-2021 20:52 via abc.net.au
  
  A key regulator calls for sweeping reforms of the nation's merger laws, saying they allow for anti-competitive takeovers that benefit large corporations but cost consumers, small business and the economy as a whole.
  
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• Victoria's essential workers on front line of COVID-19 Delta outbreak

  27-08-2021 16:06 via abc.net.au
  
  Victoria's essential workers are keeping the state running during its strict lockdown, but their work also puts them at high risk of being infected with COVID-19 — and it's leaving some of them feeling "forgotten".
  
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• This seaside town wants to ban Airbnb so families have a place to live

  27-08-2021 16:06 via abc.net.au
  
  Coastal towns around Australia are at risk of dying out if something isn't done about the unaffordable and unavailable housing, locals say.
  
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• The Morrow family has lived in this seaside town for almost 20 years. But they're not rich enough to stay

  27-08-2021 16:06 via abc.net.au
  
  Coastal towns around Australia are at risk of dying out if something isn't done about the unaffordable and unavailable housing, locals say.
  
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• From Noosa to Apollo Bay — families lose homes to Airbnb and owners fleeing lockdown

  27-08-2021 16:06 via abc.net.au
  
  Coastal towns around Australia are at risk of dying out if something isn't done about the unaffordable and unavailable housing, locals say.
  
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• $16m Kalgoorlie CBD project officially launched

  27-08-2021 11:20 via abc.net.au
  
  Alannah MacTiernan has joined indigenous leaders in turning the first sod for Kalgoorlie's CBD transformation project.
  
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• Bega Cheese cracks $2 billion revenue after acquiring Lion

  27-08-2021 11:16 via abc.net.au
  
  The food giant's profits and revenue have soared over the past financial year, despite the impact of COVID and lockdowns on baby formula sales.
  
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• NSW truck drivers in WA test positive for COVID-19

  27-08-2021 10:21 via businessnews.com.au
  
  Two truck drivers who entered WA from New South Wales have tested positive for COVID-19 overnight.
  
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• ASX steady before US Fed chair speech

  27-08-2021 09:45 via businessnews.com.au
  
  Investors returned to weekly gains on the ASX but trading slowed as investors wait for clues on whether US central bankers wind back economic support.
  
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• $4.75m Trigg build finally given green light

  27-08-2021 09:32 via businessnews.com.au
  
  Two years and 12 design iterations later, Momentum Wealth has been given the green light to build a $4.75m development at the site of northern beaches cafe Yelo.
  
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• No evidence of artefact dump cover-up: Rio

  27-08-2021 09:30 via businessnews.com.au
  
  Rio Tinto says there's no evidence it deliberately covered up the dumping of cultural artefacts salvaged from a Western Australian heritage site.
  
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• WA building and construction company Jaxon enters liquidation leaving four sites in limbo

  27-08-2021 09:22 via abc.net.au
  
  Consulting firm EY is assessing the financial position of entities within the Jaxon Group, acknowledging many employees will be in a difficult position.
  
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• MGC Pharma secures $33m in sales

  27-08-2021 09:18 via businessnews.com.au
  
  Shares in MGC Pharmaceuticals have risen more than 40 per cent after the WA company revealed first orders for its plant-derived medicinal products in the US.
  
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• At Close of Business: WA, reopening and Doherty

  27-08-2021 09:06 via businessnews.com.au
  
  On today's episode of At Close of Business, journalists Matt McKenzie and Jordan Murray discuss The Doherty Institute and WA's path towards reopening.
  
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• CDU unveils 'tropical' design of $250m flagship city campus building

  27-08-2021 08:40 via abc.net.au
  
  A new design for the government-backed $250m Charles Darwin University city campus has been revealed, with the university promising the latest "tropical" concept is the final plan for the building.
  
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• Virus lockdowns hammer July retail sales

  27-08-2021 08:00 via businessnews.com.au
  
  Retail turnover has taken its largest dive for the year, falling 2.7 per cent in July.
  
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• Spread the wealth, share the spoils

  27-08-2021 08:00 via businessnews.com.au
  
  Women’s football is a huge market still waiting to be fully developed.
  
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• It’s not easy going green

  27-08-2021 08:00 via businessnews.com.au
  
  Some aspects of the push for greener energy are having unintended consequences.
  
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• Children gets thumbs up for COVID vaccines

  27-08-2021 07:30 via businessnews.com.au
  
  Families could start being vaccinated together at GPs from next month after children aged 12 to 15 were added to Australia's rollout.
  
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• Jaxon businesses go under

  27-08-2021 07:00 via businessnews.com.au
  
  Liquidators from EY have been appointed to six entities of construction business Jaxon Group today, just weeks after work stopped at the Forrest Hall project.
  
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• Switkowski to chair Crown Resorts

  27-08-2021 06:00 via businessnews.com.au
  
  Former Telstra boss Ziggy Switkowksi has been appointed as the new chair of embattled gaming giant Crown Resorts, replacing Helen Coonan whose departure was hinted earlier this month.
  
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• Board change at Wesfarmers

  27-08-2021 06:00 via businessnews.com.au
  
  Wayne Osborn has retired from the board of Wesfarmers and will be replaced by former Alcoa of Australia managing director Alan Cransberg.
  
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• Last drinks for Swan Valley brewpub

  27-08-2021 05:00 via businessnews.com.au
  
  Feral Brewing Company is closing its Swan Valley venue after it chose not to renew its lease, and says it has no immediate plans to open a new brewpub.
  
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• WA firm's robot 'crawler' targets safety

  27-08-2021 04:30 via businessnews.com.au
  
  Perth-based Nexxis has developed a unique, spider-like robot designed to inspect hazardous areas and confined spaces in a boost for worker safety.
  
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• Truckies to go on strike across Australia

  27-08-2021 03:29 via businessnews.com.au
  
  Thousands of truckies are set go on strike across Australia after talks over pay and conditions with logistics firm Toll broke down.
  
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• Wesfarmers to return $2bn to shareholders

  27-08-2021 02:30 via businessnews.com.au
  
  Wesfarmers is planning a massive capital return to shareholder after a strong year, despite the coronavirus pandemic.
  
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• Startup shapes Airtasker for architecture

  27-08-2021 02:00 via businessnews.com.au
  
  Perth-based CO-Architecture is tackling the contingent nature of the professional design industry with a new online marketplace.
  
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• Government extends international air freight subsidy to mid-2022

  27-08-2021 00:45 via abc.net.au
  
  Exporters that rely on air freight to deliver fresh food to countries around the world will be able to rely on a special subsidy continuing until mid next year, says the federal government.
  
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