Analyst news

• Economics Nobel honours trio for 'natural experiments'

  11-10-2021 23:53 via abc.net.au
  
  Economists David Card, Joshua Angrist and Guido Imbens win the 2021 Nobel Prize in Economics for pioneering "natural experiments" that show real-world impacts of government policies such as minimum wage increases in the US fast-food sector and migration from Castro-era Cuba.
  
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• Dollar avocados mean cash-strapped farmers are letting the fruit rot

  11-10-2021 23:33 via abc.net.au
  
  A glut of avocados is great news for consumers, but for growers like Julie and Tony Pratt, it's heartbreaking when leaving their crops to rot makes the most financial sense.
  
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• At just four cents profit per avocado, farmers aren't smashing it

  11-10-2021 23:33 via abc.net.au
  
  A glut of avocados is great news for consumers, but for growers like Julie and Tony Pratt, it's heartbreaking when leaving their crops to rot makes the most financial sense.
  
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• At just 4 cents profit per avocado, farmers aren't smashing it

  11-10-2021 23:33 via abc.net.au
  
  A glut of avocados is great news for consumers, but for growers like Julie and Tony Pratt, it's heartbreaking when leaving their crops to rot makes the most financial sense.
  
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• Westpac's $1.3b profit hit announcement spooks investors, as ASX 200 trades down

  11-10-2021 22:32 via abc.net.au
  
  The Australian share market is following Wall Street's downer mood in afternoon trade, despite the latest consumer confidence data showing that investors have something to be happy about.
  
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• Westpac's $1.3b profit hit announcement spooks investors, as ASX 200 opens up

  11-10-2021 22:32 via abc.net.au
  
  The Australian share market defies Wall Street's downer mood and opened in positive territory, with the latest consumer confidence data also showing that investors have something to be happy about.
  
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• Westpac profit to suffer $1.3 billion hit, ASX drops for second straight day

  11-10-2021 22:32 via abc.net.au
  
  The Australian share market has dropped for its second day in a row, dragged down by Westpac and a sell-off across technology stocks.
  
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• ASX to dip on inflation concerns as commodity prices and oil push US dollar up

  11-10-2021 22:32 via abc.net.au
  
  The Australian share market is set to dip on open, following losses on Wall Street and concerns about rising inflation in the US.
  
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• Live: NSW Now: Premier Perrottet avoids fine after breaching COVID rules during photo op

  11-10-2021 21:32 via abc.net.au
  
  MORNING BRIEFING: Premier Dominic Perrottet avoids a fine from NSW Police after he was spotted breaching the public health orders at a media press conference yesterday.
  
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• Sex shop owners frustrated by banking ban

  11-10-2021 20:47 via abc.net.au
  
  Legally operating businesses in the sex, adult and firearms industries say they are being denied services from banks and other financial companies. 
  
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• Big banks' bonking ban frustrates sex industry

  11-10-2021 20:47 via abc.net.au
  
  Legally operating businesses in the sex, adult and firearms industries say they are being denied services from banks and other financial companies. 
  
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• 'Banks believe they are the moral arbiter': Sex industry and gun shops denied financial services, advocates say

  11-10-2021 20:47 via abc.net.au
  
  Legally operating businesses in the sex, adult and firearms industries say they are being denied services from banks and other financial companies. 
  
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• 'Fiji instead of Queensland': Aussies are opting for tropical holidays overseas

  11-10-2021 20:45 via abc.net.au
  
  With Fiji welcoming tourists from a select number of countries, including Australia, the US and New Zealand from November 11, Sydney mother Lisa Thwaite wasted no time in booking an international family vacation, instead of risking interstate border closures with a domestic holiday.
  
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• Indian shop assistants finally win the right to sit down, after years of standing up

  11-10-2021 20:44 via abc.net.au
  
  Unions in India hail a law change allowing retail workers to sit, but warn their fight for better working conditions continues.
  
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• 'Still so mad at myself for staying as long as I did': Tamara says sexual harassment at Sony Music was rife

  11-10-2021 19:54 via abc.net.au
  
  Tamara says she was sexually harassed and had friends sexually assaulted by senior male employees while working for Sony Music Australia. She says head office in New York turned a blind eye and "let this happen for decades".
  
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• 'Someone had to pay, and I'm the one that copped it': Fired Sony music exec speaks out

  11-10-2021 19:54 via abc.net.au
  
  A former vice-president of Sony Music Australia sacked over sexual harassment and bullying claims he was a "scapegoat" for toxic behaviour at the company and says he doesn't recall alleged incidents of inappropriate touching because it's possible he was drunk.
  
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• 'If they felt uncomfortable around me, I'm apologising for that': Fired Sony Music executive speaks out over sexual harassment claims

  11-10-2021 19:54 via abc.net.au
  
  A former vice-president of Sony Music Australia sacked over sexual harassment and bullying claims he was a "scapegoat" for toxic behaviour at the company and says he doesn't recall alleged incidents of inappropriate touching because it's possible he was drunk.
  
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• 'I was sexually harassed, I've had friends sexually assaulted': Tamara says misconduct at Sony Music was rife

  11-10-2021 19:54 via abc.net.au
  
  A former vice-president of Sony Music Australia sacked over sexual harassment and bullying claims he was a "scapegoat" for toxic behaviour at the company and says he does not recall alleged incidents of inappropriate touching because it's possible he was drunk.
  
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• Farmers demand fair go on climate targets

  11-10-2021 11:00 via businessnews.com.au
  
  Australian farmers are calling for a fair go in return for supporting an economy-wide aspiration of net zero emissions by 2050.
  
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• At Close of Business: Jesinta Burton on logging bans

  11-10-2021 10:12 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Jesinta Burton investigates the recent uproar arising from the state government's latest logging ban.
  
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• Kin, Alchemy to raise capital

  11-10-2021 10:11 via businessnews.com.au
  
  Explorers Kin Mining and Alchemy Resources are set to raise $13 million and $3.1 million respectively in a bid to push ahead with ongoing exploration at drilling activities.
  
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• Dragon Century modifies $34m Rivervale plan

  11-10-2021 09:48 via businessnews.com.au
  
  Property developer Dragon Century Spring has lodged amendments to its $34 million Rivervale apartment plan, months after a winding up order by Jaxon was dismissed.
  
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• Leaders to outline recovery, ASX dips

  11-10-2021 09:46 via businessnews.com.au
  
  Leaders of Australia's biggest companies will forecast their fortunes in a post-lockdown economy after a listless start to the week on the ASX.
  
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• Stokes buys $12m office building

  11-10-2021 09:21 via businessnews.com.au
  
  A Kerry Stokes’ owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.
  
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• Western Sydney residents enjoy freedoms after months of harshest lockdown restrictions

  11-10-2021 09:05 via abc.net.au
  
  After months of harsh restrictions, many in Western Sydney were keen for some retail therapy, waiting in line as shops reopened on the stroke of midnight. 
  
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• Queues at midnight outside Kmart stores as eager customers shop 'til they drop

  11-10-2021 09:05 via abc.net.au
  
  After months of harsh restrictions, many in Western Sydney were keen for some retail therapy, waiting in line as shops reopened on the stroke of midnight. 
  
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• Canberra developer rescinds more contracts for off-the-plan properties, sparking possible law change

  11-10-2021 08:15 via abc.net.au
  
  Sheridan Burnett purchased an off-the-plan apartment from 3 Property Group's Allegro development. The developer has now pulled out of the deal, leaving Ms Burnett and others like her angry at being left high and dry.
  
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• Treasury backs lack of JobKeeper clawback

  11-10-2021 08:00 via businessnews.com.au
  
  Treasury believes if a claw-back mechanism had been included in the JobKeeper wage subsidy scheme, the program would not have been as successful.
  
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• Gaines sisters team up in business

  11-10-2021 08:00 via businessnews.com.au
  
  After nine years as a top policy adviser to Mark McGowan, Jo Gaines is going into business with her sister, well-known boardroom adviser Alison Gaines.
  
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• Businesses hope vaccinated economy trial, kicking off today, will smooth out problems

  11-10-2021 07:34 via abc.net.au
  
  Regional Victoria's trial has begun, with participating businesses hoping it will smooth out any problems before the state reaches 70 per cent fully vaccinated and a statewide rollout.
  
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• Time to get up to speed on carbon trading

  11-10-2021 07:21 via businessnews.com.au
  
  Farmers face navigating complex carbon markets which offer big price differences.
  
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• 'Record breaking performances' at GFG's Australian operations help lift international empire out of debt

  11-10-2021 07:06 via abc.net.au
  
  GFG Alliance's restructuring update reveals strong profits from its Australian operations have helped to repay creditors and secure a funding agreement for Sanjeev Gupta's international empire.
  
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• Treasury confirms it knew government was paying out billions in JobKeeper to firms that 'may not need support'

  11-10-2021 06:17 via abc.net.au
  
  Treasury says $27 billion in JobKeeper payments went to businesses whose turnover either increased or did not decline as much as required, but rejects calls to introduce a clawback mechanism and defends the scheme's design.
  
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• WestStar wins $25m gas station deal

  11-10-2021 06:00 via businessnews.com.au
  
  WestStar subsidiary Alltype Engineering has won a $25 million contract with APA Group to deliver a new gas compressor station within the Goldfields Gas Pipeline in the Pilbara.
  
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• WestStar wins $25m gas contract

  11-10-2021 06:00 via businessnews.com.au
  
  WestStar subsidiary Alltype Engineering has won a $25 million contract with APA Group to deliver a new gas compressor station within the Goldfields Gas Pipeline in the Pilbara.
  
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• 'Feels really bizarre': Residents, businesses emerge from Illawarra-Shoalhaven lockdown

  11-10-2021 05:36 via abc.net.au
  
  After 108 days, gyms, hospitality venues, cinemas, retail, libraries, and places of worship reopened to the fully vaccinated today.
  
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• Aged care COVID-19 outbreak grows as businesses, residents emerge from Illawarra lockdown

  11-10-2021 05:36 via abc.net.au
  
  After 108 days, gyms, hospitality venues, cinemas, retail, libraries, and places of worship reopened to the fully vaccinated today, even as an aged care outbreak surges.
  
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• WA considers more mandatory jabs

  11-10-2021 05:30 via businessnews.com.au
  
  Western Australia will look to make coronavirus vaccinations mandatory in further sectors as as new pop-up clinics open across Perth.
  
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• This researcher has broken down the chemicals in vapes and his conclusion: they're not safe to use

  11-10-2021 04:17 via abc.net.au
  
  Australian researchers looked at common vape liquids and found a mix of carcinogens and other nasties, in the most comprehensive study of products available in Australia to date. 
  
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• This researcher has broken down the chemicals in vapes and his conclusion is they're not safe to use

  11-10-2021 04:17 via abc.net.au
  
  Australian researchers looked at common vape liquids and found a mix of carcinogens and other nasties, in the most comprehensive study of products available in Australia to date. 
  
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• Advocates say it's 'safer than smoking', but researchers find 'suite' of harmful chemicals in vaping products

  11-10-2021 04:17 via abc.net.au
  
  Australian researchers looked at common vape liquids and found a mix of carcinogens and other nasties, in the most comprehensive study of products available in Australia to date. 
  
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• Bee breeders fear 'flow-on effects' as Australia Post delays see virgin queens arriving dead

  11-10-2021 04:16 via abc.net.au
  
  Precious consignments of queen bees are arriving late, dead or not at all and breeders say there could be serious consequences.
  
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• Star denies reports of organised crime

  11-10-2021 04:00 via businessnews.com.au
  
  Casino group Star Entertainment has defended its operations after claims it is unwittingly allowing money laundering and fraud.
  
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• Gambling watchdog reviews Star, Crown

  11-10-2021 04:00 via businessnews.com.au
  
  Shares in Star Entertainment Group fell sharply today following allegations its casinos were used to supprt money laundering as the New South Wales gaming regulator continues its assessment of both Star and competitor Crown Resorts.
  
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• Gambling watchdog clamps down on Star, Crown

  11-10-2021 04:00 via businessnews.com.au
  
  New South Wales gaming regulator has begun an investigation of Star Entertainment Group following anti-money laundering allegations, reiterating embattled counterpart Crown Sydney is still under scrutiny.
  
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• 'Like sitting ducks': COVID-19 cases rise in west Gippsland

  11-10-2021 03:15 via abc.net.au
  
  COVID cases have jumped in Baw Baw in west Gippsland with 62 cases since Friday. Businesses are opting to return to serving takeaway only in fear of rising cases.
  
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• Forrest, Qld in ammonia production tilt

  11-10-2021 03:00 via businessnews.com.au
  
  Fortescue Future Industries will conduct a feasibility study on ammonia production in Brisbane alongside the Queensland government and Incitec Pivot, marking its second major deal in two days.
  
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• ASX in the red; Casino-owner Star slumps on 'misleading' allegations

  11-10-2021 02:09 via abc.net.au
  
  The Australian share market follows Wall Street lower, despite energy stocks — including Ampol — rising. However, shares in The Star Entertainment Group tumble as it responds to media reports that it "enabled suspected money laundering".
  
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• ASX closes marginally down, as Casino-owner Star tumbles on 'misleading' allegations

  11-10-2021 02:09 via abc.net.au
  
  The Australian share market follows Wall Street lower, despite energy stocks — including Ampol — rising. However, shares in The Star Entertainment Group tumble as it responds to media reports that it "enabled suspected money laundering".
  
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• Industries brace for logging ban

  11-10-2021 02:00 via businessnews.com.au
  
  The state government’s surprise move to lock up state forests has blindsided the timber and related sectors.
  
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