Analyst news

• How a company controlled by one of Singapore's richest families legally pocketed JobKeeper

  09-09-2021 21:00 via abc.net.au
  
  A private company controlled by one of Singapore's richest families — construction machinery and equipment supplier Tutt Bryant — legally pocketed $5.4 million of JobKeeper while it increased its revenue and profits.
  
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• Jeff was having suicidal thoughts. Then he met John

  09-09-2021 20:58 via abc.net.au
  
  When father of five Jeff Tekii felt his mental health deteriorating a few weeks ago, he didn't know who to turn to for help. He found it on the construction site.
  
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• A design choice made in 1965 inadvertently determined who lived and who died in the US on 9/11

  09-09-2021 20:50 via abc.net.au
  
  Up or down, left or right, panicked choices on that September day determined the chances of survival for people, unaware the odds were already stacked against them in buildings designed to maximise profit, not safety.
  
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• Want to buy a house but don't have a 20 per cent deposit? Here's some ways to do it without costly LMI

  09-09-2021 20:45 via abc.net.au
  
  With soaring property prices pushing more Australians into lenders mortgage insurance, some first home buyers are finding ways to avoid paying for the costly financial product.
  
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• LMI is 'dead money', so some home buyers are finding ways to avoid paying mortgage insurance

  09-09-2021 20:45 via abc.net.au
  
  With soaring property prices pushing more Australians into lenders mortgage insurance, some first home buyers are finding ways to avoid paying for the costly financial product.
  
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• Government under pressure over Pfizer vaccine deal

  09-09-2021 12:00 via businessnews.com.au
  
  The prime minister has denied failing to secure a Pfizer vaccine deal soon enough after revelations about the negotiations sparked a barrage of criticism.
  
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• 'Shiny buildings' with no staff: Doctors slam WA budget over health funding as economists warn on skills

  09-09-2021 11:27 via abc.net.au
  
  Economists describe the WA budget as lacking in "long-term vision" and the AMA criticises a lack of operational funding for hospitals, but public sector workers say a pay review is welcome.
  
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• Shopping coupons worth $250 to be given to Taiwan citizens as part of COVID stimulus

  09-09-2021 11:19 via abc.net.au
  
  Taiwan's economy is expected to grow 5.88 per cent this year, the fastest pace in more than a decade.
  
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• Morrison tells WA: 'We can be one again'

  09-09-2021 11:00 via businessnews.com.au
  
  Scott Morrison says the premier of Western Australia is "underselling" the commitment of his people to get vaccinated.
  
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• At Close of Business: Mark Beyer on the state budget

  09-09-2021 10:10 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer offers his thoughts on the state budget.
  
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• Busselton arts centre confirmed

  09-09-2021 10:02 via businessnews.com.au
  
  Construction of Busselton’s $38 million Performing Arts and Convention Centre will go ahead after the council made the decision to proceed, despite concerns about the cost.
  
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• 'We are suffering': Sydney set for longest lockdown despite end being in sight

  09-09-2021 10:00 via abc.net.au
  
  Businesses in Sydney's hotspots are holding out for the restrictions to ease in what could be the country's longest ever lockdown, but they worry there will be no clients at the door when the rules end next month.
  
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• WA paid to keep Australia afloat

  09-09-2021 09:58 via businessnews.com.au
  
  BUDGET: When Australia suffered through its first major pandemic lockdown last year, Western Australians supported other states to the tune of more than $21 billion.
  
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• Biggest ASX decline since February

  09-09-2021 09:42 via businessnews.com.au
  
  Shares had their steepest fall since February on the Australian market as overseas economic concerns nullified plans to ease local lockdowns.
  
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• DXN acquires data centre for $4.8m

  09-09-2021 09:00 via businessnews.com.au
  
  DXN has secured $5.6 million in equity and debt, which will in part be used to purchase a data centre in Darwin.
  
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• Felstead receives $3.2m Crown payout

  09-09-2021 08:43 via businessnews.com.au
  
  Crown Resorts shelled out almost $10 million in payouts to three of its most senior executives when they left the embattled casino business, according to the company’s latest financial report.
  
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• Revenue rockets in boomtime budget

  09-09-2021 08:11 via businessnews.com.au
  
  An iron ore windfall and a world-beating economy have meant state revenue will smash expectations by $6.7 billion, with spending prioritised in health, housing and climate action.
  
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• Iron ore price to fall to $US66/t

  09-09-2021 08:10 via businessnews.com.au
  
  Last year’s boom in iron ore prices underpinned a massive surge in WA government revenue but the good times are coming to an end, with treasury assuming prices will fall sharply.
  
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• New infrastructure priorities revealed

  09-09-2021 08:08 via businessnews.com.au
  
  The state government has deferred 16 infrastructure projects to take heat out of the construction industry while setting aside funds for a new desalination plant and port at Kwinana.
  
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• Pay concession for public servants

  09-09-2021 08:05 via businessnews.com.au
  
  The state government’s 140,000 strong workforce can expect a pay bonus next year following a decision to bring forward a review of the public sector wages policy.
  
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• Outbreaks spread to budget risks

  09-09-2021 08:03 via businessnews.com.au
  
  COVID-19 has become endemic in this year’s state budget, with a potential outbreak hanging bleakly over the state’s economic and fiscal outlook.
  
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• Record $5.6 billion WA budget surplus unveiled as McGowan 'keeps the state safe from COVID'

  09-09-2021 08:02 via abc.net.au
  
  Premier Mark McGowan says he's delivered a long-term budget plan for WA with a $5.6 billion surplus. But there is no word on when state borders will reopen, and infrastructure projects have been delayed.
  
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• COVID-free WA posts record $5.6 billion surplus, but no date set on border reopening

  09-09-2021 08:02 via abc.net.au
  
  Mark McGowan says he's delivered a long-term budget plan for WA with a $5.6 billion surplus. But there is no word on when state borders will reopen, and infrastructure projects have been delayed.
  
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• 'Nobody is safe': Former Apple Daily reporters raise concerns over press freedom in Hong Kong

  09-09-2021 07:13 via abc.net.au
  
  Three former Apple Daily reporters are taking the risk of speaking out to 7.30, saying they fear more media outlets could be targeted next. 
  
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• Journalists speak out over concerns about press freedom in Hong Kong two months after Apple Daily's closure

  09-09-2021 07:13 via abc.net.au
  
  Three former Apple Daily reporters are taking the risk of speaking out to 7.30, saying they fear more media outlets could be targeted next. 
  
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• 'We've lost $41,000': Business on the brink despite easing restrictions

  09-09-2021 07:03 via abc.net.au
  
  "We can't see ourselves financially surviving one more lockdown": Bendigo's hospitality industry is on its knees as Victoria announces easing restrictions.
  
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• Galena contracts GR Engineering, Byrnecut

  09-09-2021 07:00 via businessnews.com.au
  
  Galena Mining has finalised contracts with GR Engineering Services and Byrnecut in relation to its $170 million Abra base metals project near Newman.
  
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• Grand Final tickets go on sale

  09-09-2021 05:45 via businessnews.com.au
  
  The AFL has for the first time released 10,000 grand final tickets to the general public, with prices starting from $185 each.
  
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• Grand Final ticket details released

  09-09-2021 05:45 via businessnews.com.au
  
  The AFL will for the first time release 10,000 grand final tickets to the general public, with prices starting from $185 each.
  
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• Payments merger won't hike fees: ACCC

  09-09-2021 05:00 via businessnews.com.au
  
  Three popular payments providers will be allowed to merge despite concerns charges for transactions could rise.
  
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• Lockdown lifted for parts of regional NSW, but freedom comes with a warning

  09-09-2021 03:42 via abc.net.au
  
  Hundreds of thousands of NSW residents are set to come out of lockdown this weekend, but they'll go straight back into it again if residents don't abide by certain rules. 
  
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• Stranded Australians may return this year

  09-09-2021 03:00 via businessnews.com.au
  
  Australians stranded overseas have been offered hope of returning this year to quarantine in homes.
  
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• Morrison flags expats can come home 'soon'

  09-09-2021 03:00 via businessnews.com.au
  
  Prime Minister Scott Morrison has indicated Australians stuck overseas will be able to return and quarantine at home later this year.
  
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• Mine tech yet to fully crank up

  09-09-2021 02:30 via businessnews.com.au
  
  WA’s mining industry is renowned for its technical innovations, but key industry players believe far more could be achieved.
  
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• Mixed views as 'small mines with big potential' flagged for Australia's 'food bowl'

  09-09-2021 02:15 via abc.net.au
  
  Amid talk of a new gold rush in the Wide Bay Burnett, mining bodies champion the economic benefits — but a coking-coal project has stakeholders and farmers worried. 
  
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• WA mega-surplus to amplify spending calls

  09-09-2021 02:00 via businessnews.com.au
  
  A cashed-up Western Australian government faces spending pressures across the board as Premier Mark McGowan prepares to deliver a record budget surplus.
  
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• Climate commitments allegedly removed from UK trade deal due to Australian pressure

  09-09-2021 00:23 via abc.net.au
  
  The UK government has apparently bowed to pressure from Australia and removed key climate change goals from the free trade deal the two countries are about to formally sign.
  
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• SEC threatens Coinbase suit; ASX wipeout

  09-09-2021 00:10 via abc.net.au
  
  Cryptocurrency exchange Coinbase has been threatened with legal action taken to court by the US markets regulator if it persists with launching its new lending product. Meanwhile, nearly $30 billion has been wiped off the Australian share markets in a broad-based sell-off triggered by fears about the economic impact of the coronavirus Delta variant.
  
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• SEC threatens Coinbase suit; ASX in the red

  09-09-2021 00:10 via abc.net.au
  
  Cryptocurrency exchange Coinbase will be taken to court by the US markets regulator if it persists with launching its new lending product. Meanwhile, US stocks ended in the red amid rising COVID-19 cases around the globe. 
  
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• Coinbase sued by SEC; US stocks fall

  09-09-2021 00:10 via abc.net.au
  
  Cryptocurrency exchange Coinbase is being taken to court by the US markets regulator over its new lending product. Meanwhile, US stocks ended the red amid rising COVID-19 cases around the globe. 
  
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• ASX wipeout as investors worry about the economic hit from the coronavirus

  09-09-2021 00:10 via abc.net.au
  
  More than $40 billion has been wiped off the Australian share market amid fears about the economic impact of the coronavirus Delta variant. Analysts say this could be the start of a well overdue share market correction.
  
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