Analyst news

• Fair Work rules every farm worker on every farm entitled to a minimum rate of pay

  03-11-2021 21:44 via abc.net.au
  
  In what the union describes as one of the most significant industrial decisions of modern times, the Fair Work Commission rules workers picking fruit on a piece rate must be guaranteed a minimum wage.
  
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• Fair Work rules every farm worker on every farm entitled a minimum rate of pay

  03-11-2021 21:44 via abc.net.au
  
  In what the union describes as one of the most significant industrial decisions of modern times, the Fair Work Commission rules workers picking fruit on a piece rate must be guaranteed a minimum wage.
  
  Read more

• Australia's coal-train network is massive. Meet the man who keeps it on track

  03-11-2021 21:36 via abc.net.au
  
  Robbie Ward started as a railway porter boy when he was just 16 years old and now monitors the country's largest coal rail network. There's a lot at stake but he wouldn't have it any other way.
  
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• ASX to follow Wall Street's record highs, as Federal Reserve begins scaling back COVID-19 stimulus

  03-11-2021 21:26 via abc.net.au
  
  Australian shares are likely to open higher, as Wall Street closed at its highest levels ever after the US Federal Reserve confirmed it will start winding back its COVID-era stimulus this month.
  
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• ASX opens higher, Wall St rallies as Fed scales back COVID-19 stimulus

  03-11-2021 21:26 via abc.net.au
  
  Australian shares have started the day higher, as Wall Street closed at its highest levels ever after the US Federal Reserve confirmed it would start winding back some of its COVID-era stimulus this month.
  
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• ASX edges higher, Wall St rallies as Fed scales back COVID-19 stimulus

  03-11-2021 21:26 via abc.net.au
  
  Australian shares have risen in afternoon trade, after Wall Street closed at new record highs as the US Federal Reserve confirmed it would start winding back some of its COVID-era stimulus this month.
  
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• 'Absolutely eye-watering' cost of Brisbane App slammed by councillors

  03-11-2021 20:58 via abc.net.au
  
  Opposition councillors say there are plenty of better things to to spend $4.1 million on, but the Lord mayor says they should explain why it's wrong to back local businesses. 
  
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• These are the most cost-effective ways you can move towards net zero, and cut your energy bill too

  03-11-2021 20:26 via abc.net.au
  
  Eight million Australian homes contribute to 18 per cent of Australia's carbon emissions, a new report shows. Enacting any major change is especially hard for renters and people in low-income households.
  
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• Eight million Australian homes aren't energy efficient. Many residents want to do more than cheap hack measures

  03-11-2021 20:26 via abc.net.au
  
  Eight million Australian homes contribute to 18 per cent of Australia's carbon emissions, a new report shows. Enacting any major change is especially hard for renters and people in low-income households.
  
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• Eight million Australian homes aren't energy efficient. Many occupants are battling change

  03-11-2021 20:26 via abc.net.au
  
  Eight million Australian homes contribute to 18 per cent of Australia's carbon emissions, a new report shows. Enacting any major change is especially hard for renters and people in low-income households.
  
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• Vision Pharma wins top innovator award

  03-11-2021 17:30 via businessnews.com.au
  
  A company targeting treatment of blindness was announced as the WA Innovator of the Year on Wednesday night.
  
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• Perth Airport posts $64m loss

  03-11-2021 15:00 via businessnews.com.au
  
  The collapse in international and interstate travel was partly offset by a small increase in local flights and higher income from its property estate.
  
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• China officials attempt to soothe fears after issuing notice urging families to stockpile necessities

  03-11-2021 10:00 via abc.net.au
  
  Chinese officials back-pedal after warning families to stockpile food in case of emergencies, after panic spread on social media. 
  
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• China officials attempt to soothe fears after issuing notice urging families stockpile necessities

  03-11-2021 10:00 via abc.net.au
  
  Chinese officials are back-pedalling from original notices they issued alerting families to stockpile daily necessities such as vegetables and rice, in case of emergencies, after panic spread on social media. 
  
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• NT government accused of 'dismissing genuine concerns' about vaccine mandate among businesses

  03-11-2021 09:21 via abc.net.au
  
  One of the widest-ranging vaccine mandates in the country comes into effect in the Northern Territory next week, but the opposition says the government is ignoring local businesses that need more support to implement it.
  
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• At Close of Business: Madeleine Stephens on M8 and iHub

  03-11-2021 09:10 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Madeleine Stephens on an Uber-style, job-sharing platform for Perth's waste industry.
  
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• Govt awards $62m contract to control bushfires

  03-11-2021 08:55 via businessnews.com.au
  
  Jandakot-based Dunn Aviation has landed a five-year contract from the state government to assist with bushfire control across four regions.
  
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• ASX rallies as US stimulus tapering looms

  03-11-2021 08:43 via businessnews.com.au
  
  Australian share market investors had their biggest day of buying in more than four weeks before the US Federal Reserve prepares to wind back economic stimulus.
  
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• Construction begins on $34.5m aged care facility

  03-11-2021 08:39 via businessnews.com.au
  
  The construction of Catholic Homes’ $34.5 million aged care facility in Belmont has begun today, after Perkins Builders was awarded the contract to build the new 96-bed development.
  
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• WA techie drives remote business support

  03-11-2021 08:31 via businessnews.com.au
  
  Perth-based Stephen O’Keefe has acquired his second Telstra Business Technology Centre in the state in an effort to bring IT and communications support to businesses in regional areas.
  
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• Spudshed serves up $420m revenue

  03-11-2021 08:30 via businessnews.com.au
  
  Tony Galati’s Spudshed empire made $420 million of revenue in the year to June, but rising costs have put pressure on margins.
  
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• MCS to monitor Vicinity shopping centres

  03-11-2021 08:00 via businessnews.com.au
  
  Listed security business MCS Services has won a $4.8 million contract to monitor all shopping precincts owned and managed by Vicinity Centres in WA.
  
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• Manufacturing grants for medical innovations

  03-11-2021 08:00 via businessnews.com.au
  
  A device to predict kidney disease and a diagnostic imaging tool for cancer surgery are among the innovations awarded a share of $450,000 for commercialisation.
  
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• Attorney-General denies conflict of interest around Kangaroo Island house near plantation

  03-11-2021 07:46 via abc.net.au
  
  South Australian Attorney-General Vickie Chapman tells a parliamentary committee she received rental income from a property that would have been affected by a major port development which she subsequently blocked.
  
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• Tech solution tackles construction waste

  03-11-2021 07:35 via businessnews.com.au
  
  A cloud-based logistics platform aims to improve recycling rates of building waste as regulatory and cost issues persist in the sector.
  
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• WA builds capacity to recycle onshore

  03-11-2021 07:34 via businessnews.com.au
  
  With several projects under way, the state also needs to develop markets for its recycled products in pursuit of a circular economy.
  
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• Nuheara called for health scheme

  03-11-2021 07:25 via businessnews.com.au
  
  Perth-based Nuheara has been appointed as an accredited services provider under the federal government’s hearing services programme.
  
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• University mergers are no magic bullet

  03-11-2021 07:00 via businessnews.com.au
  
  Historically, tie-ups of WA’s public universities have stalled but they should be on the table today.
  
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• Falcon seeks $30m ahead of listing

  03-11-2021 07:00 via businessnews.com.au
  
  Chalice Mining’s gold spinout has launched a $30 million stockmarket float ahead of its planned listing in December.
  
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• Commitment, continuity key to growth

  03-11-2021 07:00 via businessnews.com.au
  
  Future defence industry projects vital to establish workflow for WA shipbuilders.
  
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• “Afterpay of real estate” targets post-lockdown buyers

  03-11-2021 06:40 via businessnews.com.au
  
  Realty Assist has booked $24 million to roll out buy-now, pay-later style ventures that allow members to access up to 80 per cent equity in a property sale three months in advance.
  
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• Oxley's $12.3m offer prompts Pindan meeting adjournment

  03-11-2021 06:25 via businessnews.com.au
  
  Tomorrow’s meeting for creditors of Pindan will be adjourned after its Singaporean owners lodged a revised deed of company arrangement worth $12.3 million at the eleventh hour.
  
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• Oxley offer prompts Pindan meeting adjournment

  03-11-2021 06:25 via businessnews.com.au
  
  Tomorrow’s meeting for creditors of Pindan will be adjourned after its Singaporean owners lodged a revised deed of company arrangement at the eleventh hour.
  
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• GR Engineering wins $32m in contracts

  03-11-2021 06:00 via businessnews.com.au
  
  Belmont-based GR Engineering Services has secured further work on a large tin operation in Tasmania under a contract worth nearly $24 million.
  
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• Changes to Queensland's border rules flagged as $1m stimulus comes into play

  03-11-2021 05:32 via abc.net.au
  
  Motorists may be waved through Queensland's southern border when the state opens up next month. Meanwhile, struggling business owners are cheering a timely new round of discount vouchers.
  
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• $400m health boost ahead of COVID roadmap release

  03-11-2021 05:14 via businessnews.com.au
  
  The state government is set to release its roadmap out of the COVID-19 pandemic this Friday, announcing a $400 million boost for the healthcare system to prepare for the easing of border controls.
  
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• WA building approvals fall 21 per cent

  03-11-2021 04:55 via businessnews.com.au
  
  Council approvals to build new dwellings in WA dropped 21 per cent in September, Australian Bureau of Statistics data shows.
  
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• Most residents in this regional city don’t want an arts centre, but they are still set to foot $26 million bill

  03-11-2021 04:45 via abc.net.au
  
  A survey found 53 per cent of residents don’t want a new performing arts centre but the council is pushing ahead anyway.
  
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• BHP seeks détente on Noront bidding

  03-11-2021 04:11 via businessnews.com.au
  
  BHP has pushed back the expiry date on its $A372 million cash offer for Canadian miner Noront Resources by a week to begin talks with takeover rival Wyloo Metals.
  
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• 'We do this because we love it': Outback Queensland newspaper to relaunch under new ownership

  03-11-2021 04:09 via abc.net.au
  
  The 98-year-old Longreach Leader newspaper resumes publishing in December, two months after being suspended. The new owners are confident the paper will be profitable.
  
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• Federal Court slams criminal case against ANZ as a 'complete shemozzle'

  03-11-2021 03:49 via abc.net.au
  
  Prosecutors ditch a long-running criminal case against ANZ and one of its senior executives after the Federal Court describes the matter as a "complete shemozzle" and "fairly pointless".
  
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• Resources Minister not required to consider climate change when awarding gas grant, lawyers argue

  03-11-2021 03:47 via abc.net.au
  
  Lawyers for the federal government are arguing the Resources Minister was not required to consider the risks of climate change when determining whether to award $21 million in grants to a gas company.
  
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• Nev Power leaves airport board

  03-11-2021 03:45 via businessnews.com.au
  
  Perth Airport has revealed its chairman Nev Power has taken a leave of absence from its board while he deals with charges related to breaching COVID travel restrictions.
  
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• FBR to build Mexico homes

  03-11-2021 03:26 via businessnews.com.au
  
  WA robotic bricklaying company FBR has signed a deal with Mexican construction group GP Vivienda to build up to 5,000 homes in the North American country.
  
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• Fastbrick Robotics to build Mexico homes

  03-11-2021 03:26 via businessnews.com.au
  
  WA’s Fastbrick Robotics has signed a deal with Mexican construction group GP Vivienda to build up to 5,000 homes in the North American country.
  
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• Westgold to withdraw Gascoyne offer

  03-11-2021 03:00 via businessnews.com.au
  
  Westgold Resources has sought to withdraw its multi-million-dollar takeover proposal for Gascoyne Resources after a conflicting merger was approved by the Supreme Court of WA.
  
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• NSW Deputy Premier Paul Toole to call on colleagues to rule out new coal exploration zones

  03-11-2021 02:59 via abc.net.au
  
  NSW Deputy Premier Paul Toole says he will be asking colleagues to oppose a proposal to open up new areas for coal exploration.
  
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• No cap on Tweed holiday letting despite housing crisis

  03-11-2021 02:26 via abc.net.au
  
  The Tweed Mayor says it is now open slather for short-term holiday letting in her shire as new regulations for the sector come into effect for neighbouring shires this week.
  
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• Telstra seals $1 billion defence deal

  03-11-2021 02:21 via businessnews.com.au
  
  Telstra Corporation has sealed a Department of Defence deal worth more than $1 billion which includes providing 5G mobile services.
  
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• Gippsland residents still powerless to get the lights back on six days after storm

  03-11-2021 01:45 via abc.net.au
  
  More than 2,200 Gippsland homes have entered day six with no electricity but communities are finding new ways to wait out the time until it is reconnected. 
  
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