Analyst news

• RBA rates unchanged and ASX takes a tumble after Wall Street sell off

  04-10-2021 22:48 via abc.net.au
  
  The Reserve Bank keeps official interest rates steady at 0.1 per cent amid a "boring" meeting, and global stock markets are hit by rising US bond yields and the political battle over the US debt ceiling. Facebook suffers a global outage.
  
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• ASX takes a fall after Wall Street sell off and interest rates stay steady

  04-10-2021 22:48 via abc.net.au
  
  The Reserve Bank keeps official interest rates steady at 0.1 per cent amid a "boring" meeting, and global stock markets are hit by rising US bond yields and the political battle over the US debt ceiling. Facebook suffers a global outage.
  
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• ASX and Wall Street in the red, Facebook frozen

  04-10-2021 22:48 via abc.net.au
  
  Global share markets are set for a sell-off after US stocks are hit by rising US bond yields and the political battle over the US debt ceiling. Facebook suffers an outage on its app.
  
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• President Xi wants China's rich 'to give back more to society', and that's got them worried

  04-10-2021 22:00 via abc.net.au
  
  Xi Jinping is trying to narrow the gap between rich and poor by cracking down on tech giants and billionaires – to achieve “common prosperity”. But why now, and what are the implications for China’s economy?
  
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• China's crackdown on 'excessive' wealth has echoes of 'Robin Hood'

  04-10-2021 22:00 via abc.net.au
  
  Xi Jinping is trying to narrow the gap between rich and poor by cracking down on tech giants and billionaires – to achieve “common prosperity”. But why now, and what are the implications for China’s economy?
  
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• 'You are effectively pushing out people from the property market': The methods overseas buyers use to secretly buy up Australian real estate

  04-10-2021 20:04 via abc.net.au
  
  Australian properties — including Tasmanian dairy farms, Sydney CBD apartments and even a Hilton Hotel — have been secretly purchased by wealthy, sometimes controversial foreign figures, an ABC investigation has discovered.
  
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• Leaked papers have revealed how influential foreign figures buy up prime Australian real estate in secret

  04-10-2021 20:04 via abc.net.au
  
  Australian properties — including Tasmanian dairy farms, Sydney CBD apartments and even a Hilton Hotel — have been secretly purchased by wealthy, sometimes controversial foreign figures, an ABC investigation has discovered.
  
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• How Australian property, including apartments, farms, flagship hotel were secretly bought by wealthy foreign figures

  04-10-2021 20:04 via abc.net.au
  
  Australian properties — including Tasmanian dairy farms, Sydney CBD apartments and even a Hilton Hotel — have been secretly purchased by wealthy, sometimes controversial foreign figures, an ABC investigation has discovered.
  
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• 1000 hectares of prime Tasmanian farmland was bought with foreign money linked to a controversial business

  04-10-2021 20:04 via abc.net.au
  
  Australian properties — including Tasmanian dairy farms, Sydney CBD apartments and even a Hilton Hotel — have been secretly purchased by wealthy, sometimes controversial foreign figures, an ABC investigation has discovered.
  
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• Courtney thought an unsolicited text was a 'scam'. She ended up recouping $500 in insurance refunds

  04-10-2021 19:40 via abc.net.au
  
  Scores of people nationally are clawing back hundreds of millions in cash from the finance sector after paying for so-called "junk" insurance. It comes as new federal reforms are implemented to curtail the sale of the controversial financial product.
  
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• Australians have clawed back at least $500m in ‘junk’ insurance. Here’s how they’re doing it

  04-10-2021 19:40 via abc.net.au
  
  Scores of people nationally are clawing back hundreds of millions in cash from the finance sector after paying for so-called "junk" insurance. It comes as new federal reforms are implemented to curtail the sale of the controversial financial product.
  
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• EPA to consult public on $100m Gnarabup resort

  04-10-2021 12:47 via businessnews.com.au
  
  The state’s environmental watchdog will ask the public whether it should assess a proposed five-star $100 million Margaret River resort.
  
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• Its executives ended up in Chinese prisons, but Rio Tinto continued to deal with billionaire briber

  04-10-2021 11:05 via abc.net.au
  
  A Chinese billionaire whose bribery confession sent Rio Tinto executives to jail still continued to trade with the mining giant and other Australian-based resources companies via a secret network of offshore companies.
  
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• Billionaire briber has still traded with Rio Tinto for years after confession

  04-10-2021 11:05 via abc.net.au
  
  A Chinese billionaire whose bribery confession sent Rio Tinto executives to jail still continued to trade with the mining giant and other Australian-based resources companies via a secret network of offshore companies.
  
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• WA vaccine dodgers to face 'consequences'

  04-10-2021 11:00 via businessnews.com.au
  
  Western Australians who refuse to get vaccinated against COVID-19 are being warned they will eventually face consequences amid "troubling" hesitancy in some areas.
  
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• Rewiring Australian households could save up to $6,000 a year

  04-10-2021 10:30 via abc.net.au
  
  As Glasgow looms over the federal government's climate change goals, new research could help both major parties embrace more aggressive emissions reduction targets.
  
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• Gold goes green as WA mine tipped to run off 95 per cent renewable energy

  04-10-2021 10:28 via abc.net.au
  
  A sustainability expert says the Agnew mine, already powered by about 60 per cent renewable energy, will help to push the government towards more ambitious carbon targets.
  
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• Byford rail given EPA green light

  04-10-2021 10:13 via businessnews.com.au
  
  Construction of the Byford Rail extension has been approved by the Environmental Protection Authority, while it is not yet clear if an elevated rail option will proceed.
  
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• WA well behind on creative economy jobs

  04-10-2021 10:06 via businessnews.com.au
  
  Creativity and innovation are increasingly driving competitive advantage in leading economies and organisations globally.
  
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• At Close of Business: Madeleine Stephens on medical research funding

  04-10-2021 10:00 via businessnews.com.au
  
  On today's episode of At Close of Business, journalists Jordan Murray and Madeleine Stephens discuss why WA medical researchers are struggling to find grant funding.
  
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• CBA buyback helps ASX to strong gains

  04-10-2021 09:58 via businessnews.com.au
  
  A Commonwealth Bank share buyback helped produce a winning start to the week on the ASX, while troubled property giant Evergrande made a sale.
  
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• Stop the theft: Cirrus on Webcentral takeover

  04-10-2021 09:20 via businessnews.com.au
  
  The board of Cirrus Networks has pleaded with its shareholders to reject what it described as a hostile takeover offer by Webcentral Group, calling on them to “stop the theft”.
  
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• Major holiday firm snaps up $60m worth of NT caravan parks

  04-10-2021 08:57 via abc.net.au
  
  The purchases have helped breathe some positivity into the NT's devastated tourism sector.
  
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• Green light for $32.5m Subi apartments

  04-10-2021 07:54 via businessnews.com.au
  
  A Joint Development Assessment Panel has approved Cedar Woods’ $32.5 million apartment development in Subiaco, flagged as a more affordable option for the area.
  
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• Positive signs as Jason takes national lead

  04-10-2021 07:00 via businessnews.com.au
  
  Jason Signmakers has become a national market leader after completing its fourth and largest acquisition.
  
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• FYI tumbles for second day

  04-10-2021 06:27 via businessnews.com.au
  
  Shares in FYI Resources have fallen sharply for the second day running after the Perth company announced details of a $US250 million joint venture with Alcoa of Australia.
  
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• Rio to buy WA rail cars

  04-10-2021 05:56 via businessnews.com.au
  
  Rio Tinto is planning to purchase some of its iron ore rail cars from local suppliers, in what would be a small but notable boost for WA manufacturing.
  
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• Strandline awards contract for $338m Coburn project

  04-10-2021 05:05 via businessnews.com.au
  
  Strandline Resources has signed a seven-year agreement with Welshpool-based contractor Mine Site Construction Services to progress the development of its $338 million Coburn mineral sands project.
  
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• Bonus payments to retain aged care nurses

  04-10-2021 04:00 via businessnews.com.au
  
  Aged care nurses who stay in the sector will receive bonus payments in a federal government bid to boost the country's workforce.
  
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• Twelve on WA ship test positive for COVID

  04-10-2021 03:07 via businessnews.com.au
  
  Health authorities are keeping a close eye on an oil tanker docked in Fremantle after 12 of its 22 crew members tested positive for COVID-19.
  
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• Investors fear potential for 'grave' news on Evergrande; ASX up on travel hopes

  04-10-2021 02:34 via abc.net.au
  
  Chinese developer Evergrande is suspended from trade in Hong Kong, after missing a bond interest payment last week. The ASX 200 rises strongly as Commonwealth Bank, Flight Centre and Webjet lead the gains.
  
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• Evergrande shares suspended ahead of possible 'grave announcement' but ASX jumps on post-lockdown travel hopes

  04-10-2021 02:34 via abc.net.au
  
  Chinese developer Evergrande is suspended from trade in Hong Kong, after missing a bond interest payment last week. The ASX 200 rises strongly as Commonwealth Bank, Flight Centre and Webjet lead the gains.
  
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• Banks, travel stocks boost Australian share market

  04-10-2021 02:34 via abc.net.au
  
  The ASX 200 rises strongly as Commonwealth Bank, Flight Centre and Webjet lead the gains. The RBA and RBNZ will both meet this week, with a rate hike tipped across the ditch.
  
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• Bart's revenue halved when borders closed, but he's adapted to keep his business alive

  04-10-2021 00:38 via abc.net.au
  
  The Indigenous tourism industry was among the many slammed by the closure of international borders and lockdowns across Australia. But many First Nations firms have pivoted to stay afloat.
  
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