Analyst news

• 'The hardest months are to come': Mothballed tourism operators face staff shortages ahead of border reopening

  16-02-2022 23:38 via abc.net.au
  
  When Australia's borders slammed shut two years ago tour bus operator Terry Smit was forced to stand down nearly all of his 132 employees. Now, with borders about to reopen, he fears staff won't want to come back.
  
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• Bad news: Media releases copy-pasted in regional papers

  16-02-2022 23:26 via abc.net.au
  
  Media releases written by politicians' staff are being copy-pasted into some regional newspapers and presented as news stories.
  
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• New sacred site agreement needed to continue major NT mine expansion

  16-02-2022 22:50 via abc.net.au
  
  The future of resources giant Glencore's McArthur River lead zinc mine depends on whether it can negotiate a new agreement with traditional owners to allow future expansions — potentially interfering with several sacred sites.
  
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• Origin Energy to shut Australia's largest coal-fired power plant by 2025

  16-02-2022 22:43 via abc.net.au
  
  Origin Energy will shut Australia's largest coal-fired power plant seven years early, with the Eraring facility in the NSW Hunter Valley now set to close by 2025.
  
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• Australia's biggest coal power plant to close as its economics become 'unsustainable'

  16-02-2022 22:43 via abc.net.au
  
  Origin Energy plans to shut Australia's largest coal-fired power plant seven years early, in 2025, with plans to replace it with a big battery on the same site.
  
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• Wesfarmers takes a hit from COVID supply chain woes, as ASX trades up

  16-02-2022 21:26 via abc.net.au
  
  Telstra, Crown, Whitehaven Coal, Wesfarmers and Woodside are among those who posting results today.
  
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• Australian and US share markets jittery as Ukraine-Russia tensions continue, as reporting season continues

  16-02-2022 21:26 via abc.net.au
  
  The Australian sharemarket is set to slip slightly on open. Telstra, Crown, Whitehaven Coal, Wesfarmers and Woodside are among those who will post results today.
  
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• From migrant daughter to mega mining boss: Women in mining on the Gold Coast

  16-02-2022 21:12 via abc.net.au
  
  FIFO women in mining are increasingly choosing the Gold Coast as their home base.
  
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• New York plan bears fruit as lychee export success boosts locals

  16-02-2022 21:02 via abc.net.au
  
  A Bundaberg farm in regional Queensland has successfully shipped Australia's first batch of lychees direct to New York, while employing dozens of locals
  
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• How high do petrol prices need to go to make electric cars more affordable? The answer may surprise you

  16-02-2022 20:30 via abc.net.au
  
  Record fuel prices prompt industry experts to question when EVs will become better value than conventional models and if that can charge sales in Australia.
  
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• Big oil all talk, no action on climate change? Researchers say they've got the proof

  16-02-2022 20:00 via abc.net.au
  
  Analysis of the investments of Shell, Chevron, BP, and ExxonMobil finds their transition to clean energy companies "is not occurring", despite pledges to the contrary.
  
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• Big four oil companies 'reneging on clean energy promises', with one refusing to invest in solar and wind

  16-02-2022 20:00 via abc.net.au
  
  Analysis of the investments of Shell, Chevron, BP, and ExxonMobil finds their transition to clean energy companies "is not occurring", despite pledges to the contrary.
  
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• Perth Girls School plans revealed

  16-02-2022 18:00 via businessnews.com.au
  
  The development will include 742 dwellings, including 100 affordable housing units, across four towers of up to 36 storeys, retail and entertainment districts.
  
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• House price growth to slow in 2022, says ANZ

  16-02-2022 09:24 via businessnews.com.au
  
  ANZ has forecast house price growth to slow as mortgage rates climb in 2022, but says most households are well-placed to weather tighter financial conditions.
  
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• At Close of Business: Matt Mckenzie on local content

  16-02-2022 09:22 via businessnews.com.au
  
  On today's episode of At Close of Business, senior journalist Matt Mckenzie digs into Metronet railcar manufacturing to find out if the state government's commitment to local content stacks up.
  
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• ExxonMobil, Chevron and Toyota accused of obstructing climate change action

  16-02-2022 08:58 via abc.net.au
  
  The world's biggest oil and car firms are accused of lobbying governments to block action on climate change. And industry lobby groups like the Minerals Council and peak gas body, the Australian Petroleum Production & Exploration Association, are also named and shamed for thwarting policies to tackle global warming. 
  
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• Goldfields snap up Margaret River land

  16-02-2022 08:48 via businessnews.com.au
  
  The $8 million purchase of the 47-hectare Brookfield Estate was the developer’s first in WA.
  
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• Karratha man wins Seven West defamation claim

  16-02-2022 08:41 via businessnews.com.au
  
  A Karratha man has won a defamation claim against Kerry Stokes’ Seven West Media after he was incorrectly identified as Cleo Smith's alleged abductor.
  
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• Western Power not yet in on South Freo scheme

  16-02-2022 08:30 via businessnews.com.au
  
  Western Power has no plans to move its transmission node neighbouring the South Fremantle Power Station, a possible hurdle for redevelopment of the precinct.
  
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• Western Power not yet in on South Freo plan

  16-02-2022 08:30 via businessnews.com.au
  
  Western Power has no plans to move its transmission node neighbouring the South Fremantle Power Station, previously tipped as a major step to redevelop the precinct.
  
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• HIF, AMA partner on RAT access

  16-02-2022 08:30 via businessnews.com.au
  
  HIF members will be able to access RATs at a discounted price following a partnership struck between it and the state’s branch of the Australian Medical Association.
  
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• Rio dragged into MinRes, Destec feud

  16-02-2022 08:29 via businessnews.com.au
  
  Rio Tinto will have to release documents to Mineral Resources after being dragged into its row with Destec over claims its confidential information was used to secure a contract.
  
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• Huge carbon capture and storage project may not reduce emissions

  16-02-2022 08:24 via abc.net.au
  
  A new gas field in northern Australia may produce more carbon dioxide than LNG, even with a huge carbon capture and storage proposal. 
  
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• Chaney backs tighter donor rules

  16-02-2022 08:00 via businessnews.com.au
  
  Kate Chaney has backed real-time declaration of, and a lower disclosure threshold for, political donations as she seeks to win the blue-ribbon seat of Curtin at the next federal election.
  
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• CSL soars, helps ASX gain one per cent

  16-02-2022 07:59 via businessnews.com.au
  
  CSL shares surged after its first-half earnings and the ASX had its best day in a week after Russia claimed to be moving troops away from the Ukraine border.
  
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• Printers' battle rolls on

  16-02-2022 07:43 via businessnews.com.au
  
  The AMWU will take an ongoing labour dispute with The West to advertisers JB Hi-Fi and the Good Guys today, as a lockout of newspaper printers nears two weeks.
  
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• Tesla signs up for Liontown lithium

  16-02-2022 07:21 via businessnews.com.au
  
  Liontown has struck a five-year lithium concentrate supply deal with electric vehicle giant, Tesla.
  
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• This investor thinks there's a 'super bubble'. Here's where he's stashing his cash to avoid the crash

  16-02-2022 07:11 via abc.net.au
  
  One of the world's most famous fund managers is warning that a "super bubble" that's been building for more than a decade may be in the process of bursting.
  
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• 'Get rid of this fear of missing out' ahead of looming share market crash, warns veteran investor

  16-02-2022 07:11 via abc.net.au
  
  One of the world's most famous fund managers is warning that a "super bubble" that's been building for more than a decade may be in the process of bursting.
  
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• Stronger ties for Australia, Japan

  16-02-2022 07:00 via businessnews.com.au
  
  A new agreement between Australia and Japan is a positive step towards ensuring a free and open Indo-Pacific.
  
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• PC push can’t leave any behind

  16-02-2022 07:00 via businessnews.com.au
  
  Political correctness has no doubt been beneficial for society, but universities can help ensure common sense isn’t thrown out the window.
  
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• Azure Capital expands Sydney office

  16-02-2022 06:32 via businessnews.com.au
  
  Azure Capital has appointed three new partners including a recruit from global investment bank Goldman Sachs to support the growth of its infrastructure practice.
  
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• Fortescue feels iron ore pinch

  16-02-2022 05:50 via businessnews.com.au
  
  Fortescue took a 32 per cent knock to profits and has trimmed its interim dividend after realising the impacts of a volatile iron ore market during the first half of the financial year.
  
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• Treasury says nation is the closest to a wages boom it's been in a decade

  16-02-2022 05:32 via abc.net.au
  
  The federal Treasury boss admits he does not know when Australia might enjoy wages growth – but says the country is the closest it has been in more than a decade.
  
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• The government's top economists say the nation could soon enjoy a wages boom — they just don't know when

  16-02-2022 05:32 via abc.net.au
  
  The federal Treasury boss admits he does not know when Australia might enjoy wages growth – but says the country is the closest it has been in more than a decade.
  
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• Local COVID cases climb by 115

  16-02-2022 05:20 via businessnews.com.au
  
  The number of locally acquired cases of COVID-19 in WA has skyrocketed overnight, with 115 new local cases recorded in the past 24 hours.
  
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• Under the influence of Instagram

  16-02-2022 04:30 via businessnews.com.au
  
  An Instagram post by influencer Khloe Kardashian using Mermade Hair’s signature waver led to the biggest ever monthly sales for the Mt Lawley-based e-commerce business.
  
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• ACCC ruling to ease WA, NT supply issues

  16-02-2022 04:01 via businessnews.com.au
  
  The competition watchdog has given freight companies special permission to co-operate to get groceries into WA and the NT, after supply chains broke down.
  
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• It takes a village to raise a railcar

  16-02-2022 03:08 via businessnews.com.au
  
  The government is keen to push local content for the Metronet railcar build, but details are hard to come by.
  
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• Government MP slams 'downright dangerous' NSW health system, backs 'last-gasp' nurse strike

  16-02-2022 02:16 via abc.net.au
  
  Nationals MP Adam Marshall says doctor shortages in regional areas mean the health system is "on the brink of collapse" amid renewed calls for the creation of a separate rural health department.
  
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• School camp cancellations are costing SA's outdoor education sector millions, providers say

  16-02-2022 01:31 via abc.net.au
  
  The chief executive of a school camp business that caters to disadvantaged kids says ongoing COVID restrictions are forcing mass cancellations and bringing the industry to its knees.
  
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• Palmer recounts fear, disbelief over "war" against him

  16-02-2022 01:01 via businessnews.com.au
  
  Clive Palmer has described his disbelief, fear and withdrawal from public life amid “the war” against him, as he took to the witness stand in his stoush with Mark McGowan.
  
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• Back for a second bite at lithium

  16-02-2022 01:00 via businessnews.com.au
  
  Surging construction activity in the lithium sector will provide increased opportunities for local workshops and sub-contractors.
  
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