Analyst news

• Why price gouging at the ports could mean you are spending  more at the shops.

  13-09-2021 23:24 via abc.net.au
  
  The competition regulator is investigating a dramatic surge in fees and charges imposed by port operators on trucking firms to load and unload cargo. ACCC chief Rod Sims believes the higher charges are being passed onto consumers in the form of higher prices. 
  
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• Shipping costs have risen by hundreds of millions of dollars and you may be about to pay for it

  13-09-2021 23:24 via abc.net.au
  
  The competition regulator is investigating a dramatic surge in fees and charges imposed by port operators on trucking firms to load and unload cargo. ACCC chief Rod Sims believes the higher charges are being passed onto consumers in the form of higher prices. 
  
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• Dow and S&P snap five-day losing streak, ASX set to slip

  13-09-2021 23:22 via abc.net.au
  
  Australian shares are expected to fall in morning trade, following a mixed performance on Wall Street as investors focused on potential corporate tax hikes in the United States and upcoming economic data.
  
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• ASX slips, Dow and S&P snap five-day losing streak

  13-09-2021 23:22 via abc.net.au
  
  Australian shares fall in morning trade, following a mixed performance on Wall Street as investors focused on potential corporate tax hikes in the United States and upcoming economic data.
  
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• ASX slips, as NAB says business confidence is improving on 'vaccine rollout'

  13-09-2021 23:22 via abc.net.au
  
  Australian shares fall in morning trade, following a mixed performance on Wall Street as investors focused on potential corporate tax hikes in the United States and upcoming economic data.
  
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• ASX recovers as Reserve Bank reiterates no rate hike until 2024, COVID vaccine rollout lifts business confidence

  13-09-2021 23:22 via abc.net.au
  
  Australian shares fall in afternoon trade, following a mixed performance on Wall Street as investors focused on potential corporate tax hikes in the United States and upcoming economic data.
  
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• Rivals aim to capitalise on Fitzgibbon's exit and end Labor's 111-year grip on Hunter

  13-09-2021 22:21 via abc.net.au
  
  Potential candidates for the once-safe Labor seat are already drawing battlelines on climate policy in a region dominated by coal mining and electricity generation.
  
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• This tobacco giant wants to make money selling cigarettes — and the inhalers that treat lung disease

  13-09-2021 21:06 via abc.net.au
  
  Philip Morris is in the middle of a takeover bid. The target? A company that makes inhalers for lung disease, something that is outraging doctors and patients.
  
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• Lung disease treatments could fund tobacco company if takeover goes ahead, experts warn

  13-09-2021 21:06 via abc.net.au
  
  One of the world's largest tobacco companies has sparked outrage in medical circles over a bid to invest in a company that develops inhaler technology, which could see it profit from the smoking-related lung diseases it helped create.
  
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• 'I find it really ironic': Tobacco giant's potential takeover of lung disease treatment company criticised by experts, patients

  13-09-2021 21:06 via abc.net.au
  
  One of the world's largest tobacco companies has sparked outrage in medical circles over a bid to invest in a company that develops inhaler technology, which could see it profit from the smoking-related lung diseases it helped create.
  
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• A tobacco giant wants to invest in lung disease treatments, and the ramifications could be felt in Australia

  13-09-2021 21:06 via abc.net.au
  
  Philip Morris is in the middle of a takeover bid. The target? A company that makes inhalers for lung disease, something that is outraging doctors and patients.
  
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• You're about to retire but still have a mortgage. What should you do?

  13-09-2021 21:00 via abc.net.au
  
  While rising house prices are pushing home ownership out of reach for younger generations, paying down a mortgage is a growing problem for those at the other end of the property ladder. As more people retire with mortgage debt, using superannuation to pay off the house is becoming popular. Is it a good idea?
  
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• More Australians are retiring with a big mortgage. Should they use super to pay it off?

  13-09-2021 21:00 via abc.net.au
  
  While rising house prices are pushing home ownership out of reach for younger generations, paying down a mortgage is a growing problem for those at the other end of the property ladder. As more people retire with mortgage debt, using superannuation to pay off the house is becoming popular. Is it a good idea?
  
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• Sydney Airport opens books after new offer

  13-09-2021 11:00 via businessnews.com.au
  
  Sydney Airport Corporation is closer to a decision on a takeover offer and will let an investor group examine its books after a higher bid.
  
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• Boutique owner defies pandemic to fulfill dream of opening frock shop

  13-09-2021 10:52 via abc.net.au
  
  The owner of a new store in Australia's largest outback city urges people dreaming of starting their own business to take the plunge, saying it is worth the risk.
  
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• 'Forestry is part of our DNA': Hundreds protest against ban on native logging

  13-09-2021 10:33 via abc.net.au
  
  Forestry workers say they were "betrayed" by the government's snap decision to end hardwood logging by 2024 and want a clear path forward.
  
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• Chefs forced to work 70 hours a week for only $600, court told

  13-09-2021 10:15 via abc.net.au
  
  Two migrant workers "vulnerable and dependent upon the goodwill of their employer" claim they were forced to work 10:00am-10:00pm six days a week, and repay the cost of a visa.
  
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• At Close of Business: Sean Cowan on who can take on the AFL

  13-09-2021 10:14 via businessnews.com.au
  
  On today's episode of At Close of Business, managing editor Sean Cowan reflects on Kerry Packer's war with the Australian Cricket Board and imagines the possibility of a rebel Aussie rules league.
  
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• Salt Lake appoints new CEO

  13-09-2021 09:45 via businessnews.com.au
  
  Former BHP and Fortescue mines manager Isak Buitendag has been appointed as the new chief executive of Salt Lake Potash.
  
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• Miners, energy giants prop up the ASX

  13-09-2021 09:45 via businessnews.com.au
  
  Share market investors started the week with slim gains as the stifling impact of the coronavirus on economic growth make September a stingy month.
  
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• Automic completes capital raising

  13-09-2021 09:45 via businessnews.com.au
  
  Private equity group Five V Capital has made its second WA-focused investment this year, becoming a shareholder in share registry Automic Group.
  
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• Busselton's $32m observatory plan reaches federal government

  13-09-2021 09:43 via businessnews.com.au
  
  The not-for-profit behind a $32 million plan to build Australia’s largest natural marine observatory at Busselton has lodged its plans with the federal government for approval.
  
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• Waste project signs supply deal

  13-09-2021 09:00 via businessnews.com.au
  
  The East Rockingham Waste to Energy project has won a public tender to process residual waste from the Western Metropolitan Regional Council.
  
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• Lamb consignment takes 4,000km train ride before it even hits the boats to America

  13-09-2021 08:30 via abc.net.au
  
  Chilled WA lamb is being sent to Brisbane by rail as stressed North American shipping bypasses Fremantle, Melbourne, and Sydney. 
  
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• Petrol prices strike 20-month high

  13-09-2021 07:30 via businessnews.com.au
  
  Petrol prices have struck their highest level in 20 months, despite cars being used less because of coronavirus lockdowns.
  
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• ACCC grounds Qantas' Japan flights bid

  13-09-2021 07:00 via businessnews.com.au
  
  A Qantas plan to resume flights between Australia and Japan has been grounded after the competition watchdog said it would reduce competition.
  
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• EPA to assess Hedland Power Station expansion

  13-09-2021 06:58 via businessnews.com.au
  
  The state’s peak environmental body will review the impact of Alinta Energy’s $200 million plan to expand Port Hedland Power Station.
  
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• Hazer, VEEM raise funds for R&D

  13-09-2021 06:00 via businessnews.com.au
  
  Cleantech business Hazer Group and marine technology manufacturer VEEM have raised a combined $13 million from share placements to fund R&D initiatives.
  
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• Hazer Group seeks $14m

  13-09-2021 06:00 via businessnews.com.au
  
  Listed cleantech company Hazer Group has secured $7 million from a share placement to support its business development and research activities.
  
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• Widow sues Daintree zip-line company, engineers for millions after husband falls to his death

  13-09-2021 05:59 via abc.net.au
  
  The wife of a man who died after plunging from a zip-line in Far North Queensland launches a multi-million-dollar lawsuit against those she holds responsible.
  
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• Aventuur to build Cockburn wave park

  13-09-2021 05:00 via businessnews.com.au
  
  Aventuur has been named the preferred proponent to develop and operate a long-mooted surf park in Perth’s southern suburbs.
  
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• Suspended sentence for Adelaide man who shone laser at SA Police helicopter

  13-09-2021 04:24 via abc.net.au
  
  An Adelaide man avoids jail time after shining an illegal laser at a police helicopter during last year's state-wide COVID-19 lockdown.
  
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• Preparing for the next drought

  13-09-2021 04:15 via businessnews.com.au
  
  Farmers have a range of options to help them better manage funds for the bad years.
  
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• Airports need strong jab rollout: Moody's

  13-09-2021 04:00 via businessnews.com.au
  
  A strong take-up in coronavirus vaccinations should support a sustained recovery in Australian air passenger traffic late this year.
  
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• Miners and Sydney Airport bid drive ASX higher

  13-09-2021 03:22 via abc.net.au
  
  Australian shares have crept slightly higher in morning trade, despite sharp losses from the financial and technology sectors, while a spike in the unemployment rate is expected to drag the Australian dollar lower.
  
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• ASX boosted by miners, increased takeover bid for Sydney Airport

  13-09-2021 03:22 via abc.net.au
  
  Australian shares have crept slightly higher in morning trade, despite sharp losses from the financial and technology sectors, while a spike in the unemployment rate is expected to drag the Australian dollar lower.
  
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• ACCC rejects Qantas-Japan Airlines alliance

  13-09-2021 03:22 via abc.net.au
  
  Australian shares finish the day slightly higher, and the ACCC blocks Qantas and Japan Airlines from coordinating flights between the two countries, citing competition concerns.
  
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• Working to eliminate modern slavery

  13-09-2021 03:00 via businessnews.com.au
  
  Investors, consumers, and activists are pressuring big businesses to ensure the ethical security of their supply chains, but the first round of modern slavery statements shows varying degrees of compliance.
  
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• Sydney Airport receives third takeover bid, valued at $23.6 billion

  13-09-2021 02:35 via abc.net.au
  
  Sydney Airport is one step closer to being taken over after a consortium of infrastructure investors raises its non-binding offer to $23.6 billion.
  
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• Sydney Airport receives third buyout proposal, valued at $23.6 billion

  13-09-2021 02:35 via abc.net.au
  
  Sydney Airport is one step closer to being taken over after a consortium of infrastructure investors raises its non-binding offer to $23.6 billion.
  
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• Government bullish on virus vaccine supply

  13-09-2021 02:00 via businessnews.com.au
  
  Australia is on track to have coronavirus vaccine supply outstrip demand by the end of October almost eight months into the behind-schedule rollout.
  
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