Analyst news

• ASX set to lift as Wall Street hits record highs on 'extraordinary', ongoing US stimulus

  30-08-2021 23:16 via abc.net.au
  
  The Australian share market is set to rise in morning trade, after a surge in tech stocks boosts Wall Street to fresh record highs as the US Federal Reserve indicates it is in no hurry to wind back its massive stimulus program.
  
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• ASX lifts as Wall Street hits record highs on 'extraordinary', ongoing US stimulus

  30-08-2021 23:16 via abc.net.au
  
  The Australian share market rises in morning trade, after a surge in tech stocks boosts Wall Street to fresh record highs as the US Federal Reserve indicates it is in no hurry to wind back its massive stimulus program.
  
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• ASX lifts, as Harvey Norman repays $6 million in JobKeeper after record profit

  30-08-2021 23:16 via abc.net.au
  
  The Australian share market rises in morning trade, Harvey Norman repays $6m in JobKeeper after posting its biggest profit ever, while a surge in tech stocks boosts Wall Street to fresh record highs.
  
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• COVID-19 testing is lining the pockets of pathology companies. Now other firms want in

  30-08-2021 21:24 via abc.net.au
  
  Relentless waves of COVID-19 and a boosted Medicare subsidy have turned private pathology into an industry with soaring revenue. Now companies that offer cheaper and quicker tests want in on the action.
  
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• Fox News is now facing billions in lawsuits for peddling Trump's lies. Here's why

  30-08-2021 21:08 via abc.net.au
  
  For weeks after the US election, high-profile Fox News anchors peddled Donald Trump's "big lie" that the presidential election had been stolen. Now, Fox's role in amplifying those claims could have major legal and financial consequences.
  
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• Four Corners sat down with former Trump lawyer Sidney Powell. Here's what happened

  30-08-2021 21:08 via abc.net.au
  
  For weeks after the US election, high-profile Fox News anchors peddled Donald Trump's "big lie" that the presidential election had been stolen. Now, Fox's role in amplifying those claims could have major legal and financial consequences.
  
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• Four Corners sat down with a former Trump lawyer to talk about stolen election claims. Here's what happened

  30-08-2021 21:08 via abc.net.au
  
  For weeks after the US election, high-profile Fox News anchors peddled Donald Trump's "big lie" that the presidential election had been stolen. Now, Fox's role in amplifying those claims could have major legal and financial consequences.
  
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• Closure of coal plants won't lead to blackouts, says market operator, as batteries and gas shore-up supply

  30-08-2021 16:06 via abc.net.au
  
  The company that manages Australia's electricity markets is no longer warning the closure of coal-fired power stations could lead to blackouts, as battery storage and gas power have shored-up supply.
  
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• Local exporters on alert as Brazil sends cattle to Vietnam in live trade first

  30-08-2021 10:57 via abc.net.au
  
  Australia's live export industry is closely watching an historic first shipment of 14,000 bulls from Brazil to Vietnam, Australia's second biggest customer for live cattle.
  
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• Port Pirie children growing up in environment 'inundated' with lead, SA Health says

  30-08-2021 10:18 via abc.net.au
  
  Blood lead levels in Port Pirie children are at a 10-year high, according to SA Health data, putting them at risk of not reaching their full IQ potential.
  
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• At Close of Business: Mark Beyer on workplace health and safety

  30-08-2021 10:18 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer talks about emerging challenges and risks in managing workplace health and safety.
  
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• Yagan Square failures sad: McGowan

  30-08-2021 10:15 via businessnews.com.au
  
  Mark McGowan says feels sorry about business failures at Yagan Square, while a process revealed by Business News in April to move market hall retailers to perimeter locations continues.
  
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• We should have done more: GWC member

  30-08-2021 10:00 via businessnews.com.au
  
  A former member of the state’s Gaming and Wagering Commission has conceded the regulator should have done more to interrogate policy changes regarding the oversight of junket operators.
  
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• Fortescue stars, miners lift market

  30-08-2021 09:52 via businessnews.com.au
  
  Fortescue Metals' soaring annual profit has helped iron ore miners carry the Australian market to minor gains.
  
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• Virus-free WA's hospitals under strain

  30-08-2021 09:00 via businessnews.com.au
  
  Western Australia's capacity to handle a COVID-19 outbreak is being questioned as the state again postpones hundreds of elective surgeries.
  
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• 20 minutes with Sam Budiselik

  30-08-2021 08:59 via businessnews.com.au
  
  Journalist Matt Mckenzie talks to Cash Converters managing director Sam Budiselik about the company's financial year results, the subprime loan market, and use of machine learning.
  
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• Kuraland progresses $108m Claremont proposal

  30-08-2021 08:58 via businessnews.com.au
  
  Western Australia-based property developer Kuraland has lodged plans to build a $108 million apartment and retail complex in the heart of Claremont.
  
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• Gold, copper explorers seek $34m

  30-08-2021 08:30 via businessnews.com.au
  
  Four Western Australian explorers are preparing to list on the ASX, having launched initial public offerings to raise a combined $34 million.
  
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• Gold, copper explorers seek $29m

  30-08-2021 08:30 via businessnews.com.au
  
  Three Western Australian explorers are preparing to list on the ASX, having launched initial public offerings to raise a combined $29 million.
  
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• Confidential documents reveal NT government reduced scope for monitoring McArthur River Mine

  30-08-2021 07:22 via abc.net.au
  
  Environment groups call on the Commonwealth to take over regulating Glencore's McArthur River Mine after confidential documents revealed the NT Government has reduced the scope and funding of the mine's current independent monitor.
  
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• No beef with strong grain demand

  30-08-2021 06:42 via businessnews.com.au
  
  WA went against the national trend in terms of feedlot cattle numbers in the period to June.
  
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• More questions for Neville Owen

  30-08-2021 06:23 via businessnews.com.au
  
  Neville Owen’s ties to Kerry Stokes have created more complications for the Crown casino inquiry after Business News unearthed details of a joint venture with Tim Roberts.
  
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• Australia tops China's gold production

  30-08-2021 06:00 via businessnews.com.au
  
  Australia’s gold production in the past six months has exceeded China's figures, according to a Melbourne consultancy.
  
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• 'I'm not sure what are we waiting for': Virgin CEO calls for international flights to resume by Christmas

  30-08-2021 05:37 via abc.net.au
  
  Virgin chief executive Jayne Hrdlicka says international flights could resume by Christmas and she is optimistic Australians will achieve desired vaccination rates to enable lockdowns to end, and state borders to reopen.
  
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• Coolangatta locals launch tourism ad in bid to save businesses

  30-08-2021 05:13 via abc.net.au
  
  Struggling businesses on the southern Gold Coast are working together to create a promotional video in a bid to draw tourists to Coolangatta.
  
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• 'Don't forget where you started': Outback mayor calls for Qantas flights to be restored

  30-08-2021 04:51 via abc.net.au
  
  A regional Queensland mayor is calling on Qantas boss Alan Joyce to visit his town to see the "disappointing" effect that flight cuts are having on health services and businesses. 
  
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• Fortescue profit doubles on iron ore surge

  30-08-2021 04:30 via businessnews.com.au
  
  Fortescue Metals Group has boosted its full-year profit and doubled the final dividend for shareholders thanks to robust output and soaring iron ore prices.
  
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• Fortescue profit doubles, Forrest $2.4bn dividend

  30-08-2021 04:30 via businessnews.com.au
  
  Andrew Forrest will receive a $2.4 billion dividend from Fortescue Metals Group, after the company's profit more than doubled thanks to high iron ore prices.
  
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• WA's first space satellite launched

  30-08-2021 04:00 via businessnews.com.au
  
  A satellite designed and built by Curtin University has launched into space from NASA's Kennedy Space Centre in Florida.
  
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• Focus firms on workplace health and safety

  30-08-2021 04:00 via businessnews.com.au
  
  Managing safety in the workplace has never been more challenging and the risks never higher, as psychosocial hazards gain more attention.
  
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• Virgin joins mandatory COVID vaccine push

  30-08-2021 03:30 via businessnews.com.au
  
  Virgin has joined Qantas in pushing for mandatory vaccination of its frontline workforce by mid-November, with office-based staff given until March 2022.
  
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• Crown posts $261m full year loss

  30-08-2021 03:00 via businessnews.com.au
  
  Coronavirus-related restrictions and a jump in restructuring and regulatory costs has dragged Crown Resorts to a full year loss of $261.60 million.
  
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• Fortescue Metals posts $14b profit on iron ore boom, ASX struggles for direction

  30-08-2021 02:36 via abc.net.au
  
  Australian shares are struggling for direction, record high-iron ore prices drive Fortescue Metals to its highest-ever profit and dividend, while Crown Resorts swings to a massive loss on lockdowns and increased regulatory scrutiny.
  
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• Fortescue Metals posts $14b profit on iron ore boom, ASX slips

  30-08-2021 02:36 via abc.net.au
  
  Australian shares have dropped for their third straight day, while record high-iron ore prices drive Fortescue Metals to its highest-ever profit and dividend.
  
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• Fortescue Metals posts $14b profit on iron ore boom, ASX recovers

  30-08-2021 02:36 via abc.net.au
  
  Australian shares are clawing back most of their losses from the past two trading days, while record high-iron ore prices drive Fortescue Metals to its highest-ever profit and dividend.
  
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• Fortescue Metals posts $14b profit on iron ore boom, ASX closes higher

  30-08-2021 02:36 via abc.net.au
  
  Australian shares finish trading higher after an uncertain start, while record high-iron ore prices drive Fortescue Metals to its highest-ever profit, and Crown Resorts swings to a massive loss on lockdowns and increased regulatory scrutiny.
  
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• Tensions boiling on virus reopening plan

  30-08-2021 02:00 via businessnews.com.au
  
  The treasurer has fired another warning shot at state premiers refusing to rule out harsh coronavirus restrictions when vaccination coverage targets are hit.
  
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• Australia's biggest companies want Australia to urgently commit to net zero carbon emissions by 2050

  30-08-2021 01:53 via abc.net.au
  
  The Lendlease chairman says the federal government needs to urgently step up in the global fight to combat climate change and commit to reducing pollution to net zero by 2050.
  
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