Analyst news

• 'My work is in reliable hands': BMG acquires Tina Turner music rights in $68 million deal

  06-10-2021 23:29 via abc.net.au
  
  Tina Turner sells the rights to her music catalogue, including hits like The Best and Nutbush City Limits, to music publishing company BMG for an estimated $68 million. 
  
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• ASX to rise as US stocks end higher on potential debt deal

  06-10-2021 22:47 via abc.net.au
  
  Wall Street rises as hopes grow that the Biden administration will reach an agreement with Republicans to lift the US debt ceiliing as time runs out for a deal.  And there was a pick up in private sector jobs.
  
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• ASX rises as US stocks end higher on potential debt deal

  06-10-2021 22:47 via abc.net.au
  
  ASX rises after US stocks gain as hopes grow that the Biden administration will reach an agreement with Republicans to lift the US debt ceiling as time runs out for a deal.  And there was a pick up in private sector jobs.
  
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• Sky high sea freight 'the equivalent of a Big Mac going for $35', farmers say

  06-10-2021 21:52 via abc.net.au
  
  Farmers and exporters are struggling to sell their produce overseas as freight costs soar and shipping containers end up "in places they shouldn't".
  
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• Hopeful buyers suddenly 'cut off' as bank regulator cracks down on riskier loans

  06-10-2021 21:52 via abc.net.au
  
  Were you planning to borrow the maximum amount possible to purchase a home? You'll be forced to borrow less under new rules.
  
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• First home buyers 'caught in the middle' as regulator moves to slow bank lending

  06-10-2021 21:52 via abc.net.au
  
  Were you planning to borrow the maximum amount possible to purchase a home? You'll be forced to borrow less under new rules
  
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• Australian hip hop stars march to DatsGrinny beats

  06-10-2021 21:27 via abc.net.au
  
  Five years ago Egrinye Adie looked for "how to produce" electronic music tutorials online. Now he's selling backing tracks to some of Australia's hottest up-and-coming rappers.
  
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• Business was booming for Sydney's Little India, within 11 days it ground to a halt

  06-10-2021 20:06 via abc.net.au
  
  With international borders closed, businesses in Little India in the Western Sydney suburb of Harris Park were booming. The lockdown took a heavy toll, but it was the hotspot tag that hit the hardest.
  
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• Victims of collapsed housing scheme devastated to be excluded from proposed compensation scheme

  06-10-2021 19:51 via abc.net.au
  
  Retirees Pam and Michael Hellen were devastated to find they would be excluded from a federal government proposal for a long-awaited compensation scheme for victims of companies that go broke.
  
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• Government accused of turning its back on elderly victims of collapsed housing scheme

  06-10-2021 19:51 via abc.net.au
  
  Retirees Pam and Michael Hellen were devastated to find they would be excluded from a federal government proposal for a long-awaited compensation scheme for victims of companies that go broke.
  
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• Adco takes on Forrest Hall

  06-10-2021 10:55 via businessnews.com.au
  
  Sydney-based Adco Constructions has been picked to continue development of the Forrest Hall project, weeks after Jaxon companies entered liquidation.
  
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• Council nod for $70m Maylands nine-storey development

  06-10-2021 10:25 via businessnews.com.au
  
  Saracen Properties’ plans to build a $70 million nine-storey mixed use development have been given a tick of approval by the City of Bayswater.
  
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• Council nod for $70m Maylands development

  06-10-2021 10:25 via businessnews.com.au
  
  Saracen Properties’ plans to build a $70 million nine-storey mixed use development have been given a tick of approval by the City of Bayswater.
  
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• Vaccine mandate spreads widely

  06-10-2021 10:24 via businessnews.com.au
  
  About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.
  
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• At Close of Business: Matt McKenzie on construction insolvencies

  06-10-2021 10:07 via businessnews.com.au
  
  On today's episode of At Close of Business, senior journalist Matt McKenzie talks about pressure in the construction industry, following the recent collapses of Jaxon and Pindan.
  
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• Australian shares tumble after RBNZ lifts rates

  06-10-2021 09:45 via businessnews.com.au
  
  Shares have had a mid-session collapse on the Australian market after New Zealand's central bank hiked rates due to rising prices.
  
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• Rio Tinto proposes $70m camp for Paraburdoo

  06-10-2021 09:36 via businessnews.com.au
  
  Rio Tinto has lodged plans to build a $70 million accommodation camp in Paraburdoo, as it awaits final mining approvals to develop its iron ore deposits in Western Range.
  
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• Australasian Gold up on CSIRO partnership

  06-10-2021 09:30 via businessnews.com.au
  
  Australasian Gold’s shares have closed up by more than 7 per cent, after the West Perth-based explorer announced a partnership with CSIRO.
  
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• Austal wins $200m US contract

  06-10-2021 09:30 via businessnews.com.au
  
  Henderson-based shipbuilder Austal has been contracted to build two steel vessels for the US Navy.
  
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• Local medtech wins $10m hospital contract

  06-10-2021 09:00 via businessnews.com.au
  
  A 'robotic arm' to assist doctors in surgical procedures will be rolled out at Fremantle Hospital, after its developer secured a $10.3 million contract from the state government.
  
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• Universities need more EQ

  06-10-2021 08:00 via businessnews.com.au
  
  A high level of EQ is a must-have quality for modern university leaders.
  
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• China turns to stranded Australian coal to combat power crunch

  06-10-2021 07:50 via abc.net.au
  
  After sitting in warehouses on China's coast since Beijing's unofficial ban began last October, an estimated 1 million tonnes of Australian coal is now being put to use, according to traders.
  
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• Has Netflix 'botched' the translation of Squid Game? It's complicated

  06-10-2021 07:23 via abc.net.au
  
  Western audiences of Squid Game are missing out on the richness of the original dialogue and key aspects of character development, according to some Korean-speaking people.
  
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• Are you watching Squid Game wrong? Well, not quite

  06-10-2021 07:23 via abc.net.au
  
  Western audiences of Squid Game are missing out on the richness of the original dialogue and key aspects of character development, according to some Korean-speaking people.
  
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• MaxMine joins tech council

  06-10-2021 07:00 via businessnews.com.au
  
  Adelaide-headquartered MaxMine has become the first mining industry representative to join Australia’s recently formed technology council.
  
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• 'Point of no return': Pacific leaders call to halve emissions by 2030 to prevent climate catastrophe

  06-10-2021 06:25 via abc.net.au
  
  Pacific leaders warn that time is running out to address climate change and urge all nations, including Australia, to halve their emissions in the next decade.
  
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• Forget net-zero by 2050. Pacific leaders say halving emissions by 2030 is needed to limit climate change

  06-10-2021 06:25 via abc.net.au
  
  Pacific leaders warn that time is running out to address climate change and urge all nations, including Australia, to halve their emissions in the next decade.
  
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• Artificial reefs even better for the reel thing, fish confirm

  06-10-2021 06:17 via abc.net.au
  
  Man-made reefs attract hordes of baitfish irresistible to the tasty predators prized by anglers and the environmental and economic benefits are wide-ranging, researchers say.
  
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• Swoop hones in on NSW telco

  06-10-2021 06:00 via businessnews.com.au
  
  Swoop has chalked up yet another successful acquisition following the completion of a $4.2 million deal for Newcastle-based Countrytell.
  
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• Hope for early call on crucial port rights

  06-10-2021 05:44 via businessnews.com.au
  
  Resources companies hope a decision on Port Hedland’s South West Creek development is imminent, helping unlock higher iron ore exports.
  
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• Hope for call on crucial port rights

  06-10-2021 05:44 via businessnews.com.au
  
  Resources companies hope a decision on Port Hedland’s South West Creek development is imminent, helping unlock higher iron ore exports.
  
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• Bumper run for WA’s big companies

  06-10-2021 05:44 via businessnews.com.au
  
  Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.
  
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• Tensions rise over tech takeover

  06-10-2021 05:30 via businessnews.com.au
  
  A hostile takeover of local IT services firm Cirrus Networks has escalated, after its Victorian bidder alleged the target made a number of inaccurate statements that could mislead shareholders.
  
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• Coles confirms end for in-store supermarket butchers

  06-10-2021 04:06 via abc.net.au
  
  After indicating the possible change in July, Coles confirmed a switch to only offering pre-packaged meat in supermarkets.
  
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• Banking watchdog raises new loan buffer

  06-10-2021 03:30 via businessnews.com.au
  
  The Australian Prudential Regulation Authority has told banks they need to raise the serviceability buffer when assessing new loan applications.
  
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• Milk brand a2 faces class action from unhappy shareholders

  06-10-2021 03:28 via abc.net.au
  
  We make a 
  
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• Australia mulls COVID-19 booster shots

  06-10-2021 03:00 via businessnews.com.au
  
  Australians with compromised immune systems could start receiving COVID-19 booster shots this year before third jabs are rolled out more widely in 2022.
  
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• Australia mulls coronavirus booster shots

  06-10-2021 03:00 via businessnews.com.au
  
  Australians with compromised immune systems could start receiving COVID-19 booster shots this year before third jabs are rolled out more widely in 2022.
  
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• Farmers fear wharf industrial dispute could delay record harvest

  06-10-2021 02:45 via abc.net.au
  
  Millions of dollars worth of farm machinery bound for Fremantle Port is diverted to the east coast due to an ongoing industrial dispute.
  
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• Debts hammer construction sector

  06-10-2021 02:00 via businessnews.com.au
  
  A rapid swing in momentum in the construction market has toppled businesses, and there are signs more could follow.
  
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• KEPCO shocks local farmers with hydrogen plan for Bylong Valley after coal mine knock backs

  06-10-2021 01:03 via abc.net.au
  
  KEPCO's open-cut coal mine proposal for the NSW Bylong Valley was knocked back three times, but to the surprise of local farmers, it's now exploring a hydrogen opportunity. 
  
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