Analyst news

• Russia hikes interest rates as markets tumble amid financial sanctions

  28-02-2022 21:50 via abc.net.au
  
  Wall Street falls in volatile trade amid new financial sanctions on Russia.
  
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• Russia doubles interest rates as rouble crashes

  28-02-2022 21:50 via abc.net.au
  
  The ASX opens higher, while Wall Street pares its losses, despite new financial sanctions on Russia, which have seen the country's central bank more than double its key interest rate overnight after the nation's currency plunged to a record low.
  
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• Russia doubles interest rates as markets tumble amid financial sanctions

  28-02-2022 21:50 via abc.net.au
  
  Wall Street falls in volatile trade amid new financial sanctions on Russia, which have seen the country's central bank more than double its key interest rate overnight.
  
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• Russia doubles interest rates as markets fall amid financial sanctions

  28-02-2022 21:50 via abc.net.au
  
  Wall Street ends mixed volatile trade amid new financial sanctions on Russia, which have seen the country's central bank more than double its key interest rate overnight after the Russian currency plunged to a record low.
  
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• ASX gains, Russia doubles interest rates

  28-02-2022 21:50 via abc.net.au
  
  The ASX gains ground as the Reserve Bank keeps interest rates at a record low and Russia more than doubles its key interest rate after the West ramped up financial sanctions over the invasion of Ukraine. 
  
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• Council on Sydney’s fringe calls for halt to plans to create homes for up to 50,000 people

  28-02-2022 20:29 via abc.net.au
  
  The project at Appin has been described as a solution to Sydney's housing crisis, but locals are worried the government will rush through rezoning without delivering water and transport infrastructure.
  
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• Australian farmers 'take the chockies' with most valuable year yet

  28-02-2022 20:20 via abc.net.au
  
  The national commodity forecaster expects the value of agriculture to reach $81 billion this financial year, thanks to a record grain harvest and the highest prices paid for Australian produce in 32 years.
  
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• We're due a solar storm that could knock out internet connections and cut off Australia

  28-02-2022 19:30 via abc.net.au
  
  In 1859 a massive solar storm knocked out the telegraph, but back then there was no electricity or internet. So what would happen if a storm that big hit today?
  
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• A solar storm could fry the Earth's internet — and we're due a big one

  28-02-2022 19:30 via abc.net.au
  
  In 1859 a massive solar storm knocked out the telegraph, but back then there was no electricity or internet. So what would happen if a storm that big hit today?
  
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• Dan Murphy's, BWS to remove Russian-made products from shelves

  28-02-2022 12:51 via abc.net.au
  
  Products made in Russia will be pulled off shelves at major liquor retailers Dan Murphy's and BWS after calls for boycotts from the Australian Ukrainian community.
  
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• Owners had promised to back WBHO Infrastructure

  28-02-2022 09:08 via businessnews.com.au
  
  WBHO Infrastructure’s parent company had pledged continued financial support until at least October 2022, after the subsidiary made a $35 million loss in the 2021 financial year.
  
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• The missing link for public transport

  28-02-2022 08:57 via businessnews.com.au
  
  Perth has the most expensive public transport of all Australian capital cities.
  
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• At Close of Business: Jordan Murray on the next federal election

  28-02-2022 08:53 via businessnews.com.au
  
  On today's episode of At Close of Business, journalist Jordan Murray reflects on the state of polling headed into the upcoming federal election and how independents may push for major reform in a hung parliament.
  
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• Changes to $110m Applecross apartments approved

  28-02-2022 08:44 via businessnews.com.au
  
  Edge Visionary Living will add 1.95 metres to its 224-dwelling, 16-storey Applecross development, despite council opposition.
  
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• Barrenjoey recruits top Goldman exec

  28-02-2022 08:23 via businessnews.com.au
  
  Barrenjoey Capital Partners has greatly bolstered both its local team and its national mining credentials by recruiting the head of Goldman Sachs’ Perth office.
  
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• Mader revenues up amid global expansion

  28-02-2022 08:15 via businessnews.com.au
  
  Mader shares were boosted on the back of a half-yearly update that observed a $44 million uptick in revenues as the heavy equipment and services provider works to build its international presence.
  
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• EPA to review Rinehart's Mulga Downs plan

  28-02-2022 08:11 via businessnews.com.au
  
  Gina Rinehart-led Hancock Prospecting’s Mulga Downs iron ore project is expected to be the subject of a major review by the environmental watchdog.
  
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• Resources lift Aust shares but mood tense

  28-02-2022 07:58 via businessnews.com.au
  
  Australian shares have ended firmly higher thanks to solid gains in mining and energy stocks, but investors remain nervous over the economic fallout from the Ukraine conflict.
  
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• Tim Winton says Australia's climate change approach a 'dumpster fire of business as usual'

  28-02-2022 07:42 via abc.net.au
  
  Tim Winton is the latest Perth Festival artist to denounce Woodside's Scarborough gas project in WA, as well as the fossil fuel company's sponsorship of an arts festival event.
  
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• Rules tightened as WA prepares for COVID peak

  28-02-2022 07:30 via businessnews.com.au
  
  The state government will strengthen public health restrictions this week ahead of what Premier Mark McGowan warns will be the most difficult month of the pandemic.
  
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• Eagles’ earnings take flight

  28-02-2022 07:15 via businessnews.com.au
  
  Limited exposure to COVID-19 and nine home games in front of crowds last year has bolstered the West Coast Eagles’ bottom line, with the club turning a profit of $7.2 million in 2021.
  
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• Perth man denies public corruption charges

  28-02-2022 06:03 via businessnews.com.au
  
  The Perth man accused of conspiring with former bureaucrat Paul Whyte to siphon more than $20 million from a government department has denied participating in the rort.
  
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• Sandfire bolsters bottom line

  28-02-2022 05:39 via businessnews.com.au
  
  Sandfire Resources has cited stronger copper prices and operational performance in posting a 24 per cent increase in net profit to $US55.2 million over the first half of the financial year.
  
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• Consumers spend despite Omicron disruption

  28-02-2022 05:32 via businessnews.com.au
  
  Consumers showed some caution in their spending during the Omicron outbreak, but retail sales still posted the second-highest level on record at $32.5 billion.
  
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• Perseus buys Sudan project

  28-02-2022 05:12 via businessnews.com.au
  
  Perseus Mining has struck a friendly C$219 million deal to acquire full ownership of Canada’s Orca Gold Inc, which owns 70 per cent of a development project in Sudan.
  
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• Highest blood lead levels for toddlers, but SA Health says signs of gradual reduction

  28-02-2022 05:04 via abc.net.au
  
  Blood lead levels among Port Pirie children remain high, but SA Health's David Simon says there is a decrease in the most severe categories.
  
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• Record run continues as WA cases climb by 1140

  28-02-2022 05:02 via businessnews.com.au
  
  Western Australia has recorded 1,140 new cases of COVID-19 overnight, taking the total number of active cases in the state to a record high of more than 5,500.
  
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• Second-tier sports can’t compete

  28-02-2022 04:46 via businessnews.com.au
  
  The lack of a major sponsor for the season ahead is more bad news for the local football league.
  
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• Forrest commits $3.1bn to Qld

  28-02-2022 04:15 via businessnews.com.au
  
  Andrew Forrest’s private company has committed to develop Australia’s largest renewable energy project while Fortescue Future Industries is proceeding with development of a green energy project.
  
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• PM set to extend Ukraine crisis support

  28-02-2022 01:39 via businessnews.com.au
  
  Australia will immediately commit more than $4 million to a NATO fund for Ukraine to support non-lethal military equipment and medical supplies.
  
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• ASX holds ground as fresh sanctions on Russia dampen investor optimism

  28-02-2022 01:05 via abc.net.au
  
  Australian shares open moderately higher, as news over the weekend of tougher Western sanctions against Russia dampens the flow-through from a global market rally on Friday.
  
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• ASX gains ground even as analysts warn of Russian 'financial collapse' and possible European recession

  28-02-2022 01:05 via abc.net.au
  
  Australian shares are moderately higher, as news over the weekend of tougher Western sanctions against Russia dampens the flow-through from a global market rally on Friday.
  
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• Cost pressures building, risk rising

  28-02-2022 01:00 via businessnews.com.au
  
  Builders are struggling to stay afloat amid a sea of cost, labour and supply chain issues.
  
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• Aged care labour shortages to cost health system

  28-02-2022 01:00 via businessnews.com.au
  
  More than 1,150 elderly people in Western Australia could be stranded in hospital as labour shortages in the aged care sector threaten to reduce capacity in nursing facilities.
  
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