Analyst news

• US stocks lose ground on news of Fed's plans to cut stimulus

  05-01-2022 21:45 via abc.net.au
  
  The Dow Jones index fell from a record high after the minutes from last month's meeting of the US Federal Reserve indicated a faster-than-predicted pull back of coronavirus stimulus. 
  
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• Stocks slump as Fed prepares to raise interest rates

  05-01-2022 21:45 via abc.net.au
  
  The ASX is lower and the Dow Jones index fell from a record high after the minutes from last month's meeting of the US Federal Reserve indicated a faster-than-predicted pull back of COVID-19 stimulus. 
  
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• ASX slumps as Fed prepares to raise interest rates

  05-01-2022 21:45 via abc.net.au
  
  The ASX tumbles amid a global market sell-off after the US Federal Reserve signals a faster-than-predicted pull-back of COVID-19 stimulus and coronavirus cases reach a new peak.
  
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• Work on river crossing dreamed of 'since the days of the gold rush' finally underway

  05-01-2022 20:54 via abc.net.au
  
  Work begins on a long-awaited bridge crossing between Orange and Mudgee in the Central West after months of delays.
  
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• Diesel exhaust fluid AdBlue surges in price, but is it price-gouging or just supply and demand?

  05-01-2022 20:25 via abc.net.au
  
  AdBlue prices have surged, despite a government deal to scale-up the local production of its key ingredient, urea. Some suppliers say there’s no price-gouging, but simply a supply and demand issue.
  
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• Purchase limits, transport services cut, meat shortage on Australia Day: COVID-driven staff shortages taking a toll

  05-01-2022 11:50 via abc.net.au
  
  Coles is introducing purchase limits on its meat products as all industries across NSW are hit with drastic staff shortages, amid a warning the situation will worsen as more people fall ill.
  
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• Hong Kong to ban flights from Australia, as the city deals with growing COVID-19 infections

  05-01-2022 09:44 via abc.net.au
  
  Leader Carrie Lam says the travel ban, which also affects Britain, the United States, Canada, Pakistan, Philippines, France and India, will start on Saturday and stay in place for two weeks.
  
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• Scarborough apartments knocked back

  05-01-2022 09:06 via businessnews.com.au
  
  The state government has refused Tada Group Holding’s application for $6 million seven-storey apartments in Scarborough, despite the project being flagged for approval.
  
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• ASX new year enthusiasm wanes, shares slip

  05-01-2022 08:54 via businessnews.com.au
  
  Investors tempered their new year enthusiasm and lowered the ASX on the second day of 2022 trade as the latest wave of coronavirus infections dominated the economic agenda in many countries.
  
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• Wellard lifted on arbitration win

  05-01-2022 08:52 via businessnews.com.au
  
  Shares in Fremantle-based agribusiness Wellard were up as much as 37 per cent on news it could receive up to $16.5 million over a three-year contract dispute.
  
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• Companies make summer leadership changes

  05-01-2022 08:52 via businessnews.com.au
  
  ASX-listed Mineral Commodities and Alterra have made changes to their boards, while new leaders have been appointed at Good Sammy Enterprises and Pan Pacific Perth.
  
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• Troy to recapitalise amid debt woes

  05-01-2022 08:50 via businessnews.com.au
  
  ASX-listed Troy Resources is undertaking a $26 million recapitalisation in a bid to save the company, after conceding it had found itself in a precarious financial position.
  
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• Hundreds call in sick as testing delays lay waste to Gold Coast's road to recovery

  05-01-2022 07:41 via abc.net.au
  
  Right when they should have been cashing in on a sorely needed influx of tourists, businesses in Queensland's south-east are being forced to close their doors again as COVID testing queues swallow staff.
  
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• Coogee’s $40m plant expansion approved

  05-01-2022 07:24 via businessnews.com.au
  
  A development assessment panel has approved an expansion of Coogee’s chlori-alkali plant that would more than double production at the Kemerton site.
  
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• Coogee’s $40 million plant expansion approved

  05-01-2022 07:24 via businessnews.com.au
  
  A development assessment panel has approved an expansion of Coogee’s chlori-alkali plant that would more than double production at the Kemerton site.
  
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• More upgrades for Mitchell Freeway

  05-01-2022 06:09 via businessnews.com.au
  
  Decmil will construct a $23.3 million cycle and pedestrian path along the Mitchell Freeway as part of the state government’s ongoing infrastructure upgrades to the busy travel route.
  
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• Could Australia win from Indonesia's shock suspension of coal exports?

  05-01-2022 05:33 via abc.net.au
  
  A decision by the Indonesian government to suspend some thermal coal exports to guarantee domestic supply could have a flow-on effect for Australian miners locked out of the China market.
  
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• MMA books $74m in contracts

  05-01-2022 05:27 via businessnews.com.au
  
  MMA Offshore has won several contracts to start the new year including two long-term vessel arrangements as part of ongoing work with Woodside Petroleum.
  
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• MMA books $62m in contracts

  05-01-2022 05:27 via businessnews.com.au
  
  MMA Offshore has picked up four contracts to start the new year, including two long-term vessel arrangements and a new deal with Woodside.
  
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• One crucial factor will dictate property prices this year and next

  05-01-2022 02:44 via abc.net.au
  
  The pandemic has caused a lot of heartache and distress, and it now appears to be creating more problems for first home buyers. 
  
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• JBS seals the deal on pork processor Rivalea

  05-01-2022 02:33 via abc.net.au
  
  The purchase will give JBS control of a big slice of the Australian pork processing market.
  
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• Labor backs growing calls for free RATs

  05-01-2022 02:14 via businessnews.com.au
  
  Opposition Leader Anthony Albanese has challenged the prime minister to make rapid antigen tests free, backing calls for them to be available for all Australians.
  
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• Homes without power after power faults across Western Victoria

  05-01-2022 01:43 via abc.net.au
  
  More than 6,000 homes have been impacted, including in Ballarat, Portland, Apollo Bay and areas surrounding Casterton.
  
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• 'A miserable experience': Storm strands hundreds on US highways overnight 

  05-01-2022 00:43 via abc.net.au
  
  Hundreds of trapped motorists wait up to 24 hours for help in freezing temperatures after a fierce storm lashes Virginia, stranding drivers along an impassable stretch of the interstate 95 highway, south of Washington. 
  
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