Analyst news

• 'We've been dudded': Oil and gas leases granted in Channel Country without consulting traditional owners

  16-12-2021 22:47 via abc.net.au
  
  Traditional owners in Queensland's Channel Country say they feel "dudded" after the government has quietly paved the way for gas fracking on their land, despite promises to consult them. 
  
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• US regulators probing Afterpay and Zip over buy now, pay later consumer protections

  16-12-2021 22:47 via abc.net.au
  
  Australian companies Afterpay and Zip are being probed by US regulators over their consumer protections, as the buy now, pay later sector booms and concerns grow about customer debt.
  
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• England becomes first major economy to hike interest rates, but the ASX looks unmoved

  16-12-2021 22:47 via abc.net.au
  
  The Australian share market looks headed for muted trade on Friday as Wall Street investors dump tech stocks and the Bank of England surprises investors by raising rates.
  
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• Bank of England makes surprise move to lift interest rates, but the ASX looks unmoved

  16-12-2021 22:47 via abc.net.au
  
  The Australian share market looks headed for muted trade on Friday as Wall Street investors dump tech stocks and the Bank of England surprises investors by raising rates.
  
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• West Gate Tunnel costs blow out again as government strikes new deal with builders

  16-12-2021 22:42 via abc.net.au
  
  Victorian taxpayers will pay an extra $1.9 billion after the state government reaches a deal to end a stand off over removal of contaminated soil from the West Gate Tunnel project.
  
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• Mines department staff slam NT ICAC's rejection of their fraud and misconduct complaints

  16-12-2021 22:20 via abc.net.au
  
  A group of Northern Territory public servants who alleged management fraud and misconduct has affected their ability to regulate major mines are dismayed the ICAC has rejected their complaint.
  
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• Mines department staff say NT ICAC's rejection of fraud and misconduct complaint leaves them nowhere to go

  16-12-2021 22:20 via abc.net.au
  
  A group of Northern Territory public servants who alleged management fraud and misconduct has affected their ability to regulate major mines are dismayed the ICAC has rejected their complaint.
  
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• Last week New Zealand announced its goal to be smoke free by 2025. Will Australia follow?

  16-12-2021 21:48 via abc.net.au
  
  Some retailers worry a ban on smoking in Australia could damage business and encourage the black market. 
  
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• Luxury tourism is landing in Antarctica — but at what cost?

  16-12-2021 21:41 via abc.net.au
  
  Antarctica was once the temporary home of only the toughest explorers and dedicated scientists but tourism has steadily grown in recent decades. Some are concerned about the environmental impact.
  
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• A can of Coke costs $53 in Antarctica. The White Continent is open for tourism, but it's not cheap

  16-12-2021 21:41 via abc.net.au
  
  Antarctica was once the temporary home of only the toughest explorers and dedicated scientists but tourism has steadily grown in recent decades. Some are concerned about the environmental impact.
  
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• Should work Christmas parties have a drinks limit? Rio, BHP and Woodside think so

  16-12-2021 21:03 via abc.net.au
  
  BHP, Rio Tinto and Woodside capped alcoholic beverages at their Christmas parties to four per person. Workplace experts say other businesses should consider doing the same.
  
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• 'We will be takeaway-only': How Queensland businesses are responding to the COVID vaccine mandate

  16-12-2021 20:41 via abc.net.au
  
  The COVID vaccine mandate kicks in today with businesses across Queensland putting their compliance plans in place — and some choosing to close their dining areas and revert to takeaway-only to avoid confrontation with unvaccinated patrons.
  
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• COVID vaccine mandate begins as some hospitality businesses choose takeaway-only services

  16-12-2021 20:41 via abc.net.au
  
  The COVID vaccine mandate kicks in today with businesses across Queensland putting their compliance plans in place — and some choosing to close their dining areas and revert to takeaway-only to avoid confrontation with unvaccinated patrons.
  
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• Annual leave balances hit record high as pandemic reduces holidays, 'life leave'

  16-12-2021 20:07 via abc.net.au
  
  After more than 18 months of border closures, disrupted holidays and working from home, some businesses are grappling a big build-up of leave. Lawyers say workers still have the right to challenge unreasonable leave requests.
  
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• Baltinas submits Cottesloe apartment plans

  16-12-2021 11:13 via businessnews.com.au
  
  Perth developer Barry Baltinas has submitted plans for a $27 million apartment building alongside the site of Gary Dempsey’s derailed proposal to the state’s expedited planning pathway.
  
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• Stinging defeat for NZ in latest 'farcical' attempt to trademark manuka honey

  16-12-2021 09:49 via abc.net.au
  
  In striking down the request for a UK trademark, the British Intellectual Property Office found that while "manuka" was originally a Maori word, the term had entered common usage.
  
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• Big moves on WA rich list

  16-12-2021 09:17 via businessnews.com.au
  
  Soaring valuations for tech companies and mining stocks have brought major shifts in this year’s list of WA wealth creators.
  
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• Strong economy boosts WA budget

  16-12-2021 09:13 via businessnews.com.au
  
  Higher public sector wages, new transport projects and Burrup Peninsula infrastructure are among $2.2 billion of state government spending announced as rising tax revenue fills treasury coffers.
  
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• At Close of Business: Mark Beyer on Byrnecut

  16-12-2021 09:05 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer speaks about how mining contractor Byrnecut has grown its Aboriginal workforce.
  
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• CSL plunge crushes share market optimism

  16-12-2021 09:03 via businessnews.com.au
  
  A heavy fall for market giant CSL has prevented Australian investors from enjoying a lower jobless rate and an overnight rally on the US market.
  
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• Northfleet flags expansion

  16-12-2021 09:00 via businessnews.com.au
  
  Northfleet Transport says it is on track becoming one of WA’s largest bus, truck and transport companies after acquiring privately owned business JSS Logistics.
  
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• Property players hesitant as more projects shelved

  16-12-2021 08:58 via businessnews.com.au
  
  Industry sentiment across WA’s property sector is increasingly uncertain as more projects are put at risk or placed on hold, the Property Council of Australia WA Division says.
  
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• Flood plain irrigation inquiry committee calls for licensing delay

  16-12-2021 08:53 via abc.net.au
  
  A parliamentary report into flood plain harvesting is calling for a delay in licensing the sector, saying there are some issues still to be resolved.
  
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• Restaurateur says Pat Cummins was at the table beside the guy who tested positive

  16-12-2021 08:51 via abc.net.au
  
  The owner of the restaurant where Australia captain Pat Cummins dined on Wednesday night says he was seated at the table next to a man who found out he was COVID-positive while dining. 
  
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• Extra $600m for Metronet

  16-12-2021 08:46 via businessnews.com.au
  
  The state government has revealed big cost increases on three Metronet rail projects while also announcing consortiums led by Acciona and Laing O’Rourke as preferred contractors.
  
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• Deadline day for Vimy Resources

  16-12-2021 08:37 via businessnews.com.au
  
  UPDATE: The Department of Water and Environmental Regulation has found ‘substantial commencement’ on Vimy Resources’ Mulga Rock project has occurred.
  
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• Shire concern on $100m MinRes camp

  16-12-2021 08:19 via businessnews.com.au
  
  The Shire of Ashburton is concerned about the proposed location of a $100 million workers camp in Onslow, as Mineral Resources seeks development approval for the facility to support its Western Pilbara iron ore hub.
  
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• Former Blue Star director fined $40k

  16-12-2021 07:58 via businessnews.com.au
  
  James Cruickshank has been banned from managing companies for four years, after the former Blue Star Helium boss was found to have breached ASX disclosure laws.
  
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• Property boom and high coal revenues provide unexpected boost to Queensland coffers, Treasurer says

  16-12-2021 07:50 via abc.net.au
  
  The high price of coal and the property boom have combined to boost Queensland's coffers, but at least some of the benefit is expected to be short-lived.  
  
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• 'Marked improvement': Queensland budget boosted by property and coal booms

  16-12-2021 07:50 via abc.net.au
  
  The high price of coal and the property boom have combined to boost Queensland's coffers, but at least some of the benefit is expected to be short-lived.  
  
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• Call for seatbelts on all buses after fatal north Queensland crash

  16-12-2021 07:46 via abc.net.au
  
  Casey Stinson-Brown died when his bus crashed in 2016. Now a coroner has called on the state government to install seatbelts on all public transport buses. 
  
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• Borders dash Big Bash fixtures

  16-12-2021 07:30 via businessnews.com.au
  
  Any remaining hopes for a summer of cricket in Western Australia have been curtailed as a snap border closure to New South Wales forces Perth Scorchers games to other states.
  
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• WA beats national population growth

  16-12-2021 06:45 via businessnews.com.au
  
  New population data reveals the changing fortunes of Australia’s states, with Western Australia and Queensland achieving solid growth while Victoria suffered a big exodus.
  
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• How is Australia's COVID recovery going?

  16-12-2021 06:33 via abc.net.au
  
  The government has offered another glimpse into how it thinks Australia will keep recovering from the pandemic – including facing the challenge of Omicron or any other variant that might come our way. Here's what we learned.
  
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• Brewery feud bubbles over with court bid

  16-12-2021 06:16 via businessnews.com.au
  
  Margaret River-based Cheeky Monkey Brewing Co has taken its new landlord to court in an eleventh-hour bid to stop them from repossessing the premises amid a feud over the lease.
  
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• Underperforming super funds named and shamed by regulator

  16-12-2021 05:48 via abc.net.au
  
  Super fund members are being urged to consider switching funds as the regulator warns the industry they need to lift their game on fees and investment performance, with new data showing more funds are failing to stack up.
  
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• Woodside, BHP merger gets watchdog nod

  16-12-2021 04:41 via businessnews.com.au
  
  The ACCC will not oppose Woodside’s plan to acquire BHP petroleum assets, clearing the way for two of WA’s largest natural gas suppliers to merge.
  
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• SQM to explore for Pilbara lithium

  16-12-2021 04:30 via businessnews.com.au
  
  ASX-listed Kalamazoo Resources has signed a $12 million farm-in deal for its lithium projects in the Pilbara with Chilean chemicals giant SQM.
  
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• Two people in custody after activists shovelled coal off Queensland freight train

  16-12-2021 04:26 via abc.net.au
  
  One protester has been arrested over the protest, which began yesterday afternoon.
  
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• Police still negotiating with activists shovelling coal off Queensland freight train

  16-12-2021 04:26 via abc.net.au
  
  One protester has been arrested over the protest, which began yesterday afternoon.
  
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• IGO confirms $1.1bn deal

  16-12-2021 03:48 via businessnews.com.au
  
  Perth nickel company IGO has emerged out of a brief trading halt confirming it will acquire rival Western Areas in an all cash takeover, ending months of speculation.
  
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• Ascent Investment restrained amid probe

  16-12-2021 03:40 via businessnews.com.au
  
  The Federal Court has frozen the assets of Applecross-based Ascent Investment and ordered director Michael Dunjey to surrender his passport, amid a probe by ASIC.
  
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• Asbestos found at brick recycling site, company ordered to seal demolition material

  16-12-2021 03:10 via abc.net.au
  
  Adelaide's Old Red Brick Company says it has applied sealant to demolition material after asbestos was found at its property. The Environment Protection Authority and the local council are also pursuing the business for allegedly illegally storing demolition material.
  
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• National jobless rate falls as lockdowns removed

  16-12-2021 02:18 via businessnews.com.au
  
  Jobs in WA grew 1.6 per cent in November, with unemployment falling to 3.8 per cent, while east coast states posted strong improvements.
  
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• Unemployment drops as lockdowns end, employers snap up 366,000 staff

  16-12-2021 01:44 via abc.net.au
  
  Australia's unemployment rate drops sharply after lockdowns, with employers scrambling to hire hundreds of thousands of extra staff as many businesses reopened.
  
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• Local launch looms for home-grown film

  16-12-2021 01:00 via businessnews.com.au
  
  A feature film made in WA is set to premiere at Perth Festival before being released in cinemas in May.
  
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• Reserve Bank bond-buying to end in May unless economy falters, Lowe says

  16-12-2021 00:47 via abc.net.au
  
  The Reserve Bank governor lays out the options for its stimulus programs next year, with the outcome depending largely on the Omicron outbreak.
  
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• Tesla defends Model 37 taxi after fatal accident in Paris

  16-12-2021 00:14 via abc.net.au
  
  Paris taxi company G7 suspends the use of the 37 Model 3 cars in its fleet after an accident in which one person was killed and 20 injured.
  
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• Tesla defends Model 3 taxi after fatal accident in Paris

  16-12-2021 00:14 via abc.net.au
  
  Paris taxi company G7 suspends the use of the 37 Model 3 cars in its fleet after an accident in which one person was killed and 20 injured.
  
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