Analyst news

• APRA tightens home loan rules, raises interest rate benchmark

  05-10-2021 23:57 via abc.net.au
  
  The banking regulator announces tougher serviceability tests for home loans, which will make it harder for some borrowers to get a mortgage.
  
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• Surging farmland prices squeeze locals of profitability and hopefuls of ownership

  05-10-2021 23:52 via abc.net.au
  
  "If you're not getting bigger you're getting out" is the mantra as high land prices limit the viability of established farms and bar young families from ownership.
  
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• A repatriation flight swinging past Antarctica will break some records on its way to Darwin today

  05-10-2021 22:52 via abc.net.au
  
  The latest COVID-19 repatriation flight, from Buenos Aires to Darwin, will break Qantas's record for the airline's longest-ever commercial flight by distance.
  
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• A repatriation flight swinging past Antarctica has broken some records on its way to Darwin

  05-10-2021 22:52 via abc.net.au
  
  A COVID-19 repatriation flight due to arrive in Darwin from Buenos Aires tonight will set a new record for the longest commercial flight ever operated by Qantas.
  
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• ASX opens higher, Wall Street rebounds from sell off

  05-10-2021 22:51 via abc.net.au
  
  US stocks recoup their losses from a tech-led rout as shareholders look to Friday's official employment numbers in the US, while the Australian market tracks Wall Street higher. 
  
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• ASX loses gains after NZ raises interest rates and APRA cracks down on risky home loans

  05-10-2021 22:51 via abc.net.au
  
  Australian shares lose their gains on worries the RBA will increase interest rates sooner rather than later, and big banks fall as the banking regulator clamps down on risky home loans to cool the overheated housing market. 
  
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• ASX loses gains after New Zealand Reserve Bank raises interest rates

  05-10-2021 22:51 via abc.net.au
  
  Australian shares lose their gains on worries the RBA will increase interest rates sooner rather than later after New Zealand's central bank lifts borrowing costs.  US stocks recoup their losses from a tech-led rout as shareholders look to Friday's official employment numbers in the US.
  
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• ASX expected to open higher, Wall Street rebounds from sell off

  05-10-2021 22:51 via abc.net.au
  
  US stocks recoup their losses from a tech led rout as shareholders look to Friday's official employment numbers in the US, while the Australian market appears set to track Wall Street higher. 
  
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• China's power crisis shocks Australia's wool industry. Can an outback town save it?

  05-10-2021 21:48 via abc.net.au
  
  Chinese government restrictions on electricity use have halted processing of Australian wool, highlighting how vulnerable the industry is. 
  
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• Trans-Tasman legal brawl over manuka honey continues in New Zealand

  05-10-2021 21:25 via abc.net.au
  
  After fighting legal battles over who can use the word "manuka" in Australia, the US, and the UK, a new trans-Tasman honey fight starts in New Zealand this week.
  
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• Bronwyn's power bills went from $231 to $114 thanks to an energy assistance program

  05-10-2021 19:45 via abc.net.au
  
  A report assessing the economic impact of a multi-billion-dollar proposal to improve energy efficiency in more than 1 million homes says the program will create thousands of jobs, boost Australia's GDP and improve the quality of life for the country's most financially disadvantaged people.
  
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• Fantasia Holdings is not the size of Evergrande Group but it has missed a huge payment and asked for a halt to trading

  05-10-2021 16:24 via abc.net.au
  
  Chinese real estate developer Fantasia Holdings Group fails to make a $280 million payment due to bondholders, adding to worries over the country's property sector as Evergrande teeters on the brink of collapse.
  
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• Another Chinese property developer misses bond payment, adding to industry stress

  05-10-2021 16:24 via abc.net.au
  
  Chinese real estate developer Fantasia Holdings Group fails to make a $280 million payment due to bondholders, adding to worries over the country's property sector as Evergrande teeters on the brink of collapse.
  
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• Perth developer defends Smiths Beach proposal, promising 'fantastic new outcome'

  05-10-2021 10:58 via abc.net.au
  
  A proposal for a holiday resort along Western Australia's southern coastline has concerned some residents, but the developer insists it's his plan that will really "save Smiths Beach".
  
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• Mystery foreign investors making it harder for Australians to buy property

  05-10-2021 10:36 via abc.net.au
  
  Australians trying to crack into the property market are facing the extra hurdle of competing against mystery foreign investors, according to corporate transparency experts and the federal opposition.
  
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• Mystery foreign buyers distorting the Australian property market, transparency expert says

  05-10-2021 10:36 via abc.net.au
  
  Australians trying to crack into the property market are facing the extra hurdle of competing against mystery foreign investors, according to corporate transparency experts and the federal opposition.
  
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• At Close of Business: Mark Beyer on Jason Signmakers

  05-10-2021 10:07 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer delves into the business of sign making and profiles a local, Welshpool-based leader and its moves in the market.
  
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• NT government lays out plan to reach 50 per cent renewables by 2030

  05-10-2021 09:58 via abc.net.au
  
  The government says it expects to save $30 million a year when the target is reached, which will involve more large- and small-scale solar generators, increased battery use and new "hydrogen-compatible" gas generators.
  
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• RBA forecast helps limit ASX losses

  05-10-2021 09:33 via businessnews.com.au
  
  Reserve Bank optimism about the economic reopening of lockdown states has helped ASX investors recover some but not all of their losses.
  
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• Thales scores $20m contract extension

  05-10-2021 09:30 via businessnews.com.au
  
  Sustainment and maintenance of Australia’s anti-submarine torpedoes will remain in WA with Thales Australia receiving a $20 million contract to continue the works in the state.
  
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• ‘Stop whinging’: Mark McGowan scolds Dominic Perrottet over GST stoush

  05-10-2021 09:22 via abc.net.au
  
  Freshly sworn-in New South Wales Premier Dominic Perrottet has indicated he will fight Western Australia over the GST carve up, after once calling Mark McGowan the "Gollum of Australian politics".
  
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• 'Stop whingeing': Mark McGowan scolds Dominic Perrottet over GST stoush

  05-10-2021 09:22 via abc.net.au
  
  Freshly sworn-in New South Wales Premier Dominic Perrottet has indicated he will fight Western Australia over the GST carve up, after once calling Mark McGowan the "Gollum of Australian politics".
  
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• Fortescue to tackle scope 3 emissions

  05-10-2021 09:20 via businessnews.com.au
  
  Fortescue Metals Group is targeting net zero scope 3 emissions by 2040, which covers its entire value chain, including its customers’ crude steel manufacturing.
  
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• Neerabup to house automation, robotics precinct

  05-10-2021 08:35 via businessnews.com.au
  
  Work has begun at a 51-hectare site in Neerabup earmarked for an automation and robotic testing precinct, a project supported by the state government and mining research body AMIRA Global.
  
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• Former Fortescue executive joins South Australian miner

  05-10-2021 08:00 via businessnews.com.au
  
  Don Hyma has been appointed managing director of Australian Rare Earths, following his resignation as director projects at Fortescue Metals Group earlier this year.
  
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• Subs sit under historic partnership

  05-10-2021 07:56 via businessnews.com.au
  
  It’s hard to overstate the significance of the alliance between Australia, the US and the UK.
  
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• FMG promises to eradicate customer emissions by 2040

  05-10-2021 07:23 via abc.net.au
  
  When Andrew Forrest announced Fortescue Metals Group wanted to achieve net zero operational emissions last year, critics wondered how this could be achieved. 
  
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• 'BHP and Rio Tinto should be embarrassed': Fortescue Metals pledges to eradicate customer emissions

  05-10-2021 07:23 via abc.net.au
  
  When Andrew Forrest announced Fortescue Metals Group wanted to achieve net zero operational emissions last year, critics wondered how this could be achieved. 
  
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• Mandatory COVID-19 jabs for WA FIFO and mining workers

  05-10-2021 07:17 via abc.net.au
  
  From December 1, a mandatory COVID-19 vaccine policy will be enforced for all WA resource sector workers.
  
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• FIFO workers, school leavers latest group bound by mandatory COVID-19 jab

  05-10-2021 07:17 via abc.net.au
  
  From December 1, a mandatory COVID-19 vaccine policy will be enforced for all WA resource sector workers, as well as school leavers.
  
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• Jab made mandatory for mining workforce

  05-10-2021 07:12 via businessnews.com.au
  
  COVID-19 vaccinations will soon become mandatory for those working in the state’s resources sector, with the state government announcing all workers would need to get the jab by December 1.
  
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• K2fly signs Rio contract

  05-10-2021 06:41 via businessnews.com.au
  
  Perth technology company K2fly has signed one of its largest contracts, worth $3.4 million over five years, with Rio Tinto.
  
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• RBA sticks to low cash rate until 2024

  05-10-2021 06:10 via businessnews.com.au
  
  The Reserve Bank of Australia left the official cash rate at a record low 0.1 per cent following its monthly board meeting, as widely anticipated by economists.
  
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• FBR signs deal for $5 million townhouses

  05-10-2021 05:24 via businessnews.com.au
  
  WA robotic technology company Fastbrick Robotics has entered a contract to supply a $5 million St James townhouse development – its first multi-home deal.
  
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• Aerison secures $140m in contracts

  05-10-2021 05:19 via businessnews.com.au
  
  West Perth-based mining services company Aerison has secured a suite of new contracts totalling $140 million,underpinning a 15 per cent increase in revenue for this financial year.
  
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• De Grey releases positive mine study

  05-10-2021 05:17 via businessnews.com.au
  
  De Grey Mining has confirmed plans to develop one of Australia’s largest gold mines, with its Mallina project in the Pilbara aiming for annual production of 473,000 ounces.
  
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• De Grey positive on Mallina project

  05-10-2021 05:17 via businessnews.com.au
  
  De Grey Mining has released a positive scoping study for its Mallina gold mine in the Pilbara, which will cost nearly $900 million and be one of the largest in Australia.
  
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• GenusPlus in battery deal

  05-10-2021 05:14 via businessnews.com.au
  
  GenusPlus Group has won a $50 million contract to install a 200 megawatt hour battery, understood to be in Kwinana.
  
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• Perrottet to lead NSW, Kean to be treasurer

  05-10-2021 04:10 via businessnews.com.au
  
  Dominic Perrottet has vowed to be a "family premier" after winning a NSW Liberal party room vote to replace Gladys Berejiklian.
  
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• Behind-the-scenes workers threaten to halt production of streaming content

  05-10-2021 03:32 via abc.net.au
  
  Film and television production in North America is in danger of coming to a standstill after the union for behind-the-scenes workers overwhelmingly voted to authorise a strike for the first time in its 128-year history.
  
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• Qantas nears deal for domestic fleet

  05-10-2021 03:14 via businessnews.com.au
  
  Qantas is close to choosing which plane and engine suppliers will provide its next fleet of aircraft.
  
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• WA researchers get smaller slice of funding

  05-10-2021 02:00 via businessnews.com.au
  
  Only nine research funding applications from the state’s universities succeeded in the national round.
  
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• From the tropical beaches of Samoa to Australia's red centre — workers arrive to fill jobs in aged care, hospitality

  05-10-2021 00:10 via abc.net.au
  
  Dozens of workers from the Pacific Islands arrive in Alice Springs to fill severe staff shortages across the aged care and hospitality sectors.
  
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