Analyst news

• Call for mandatory face mask rules to be scrapped as Perth's CBD withers

  31-03-2022 23:09 via abc.net.au
  
  Relaxed COVID-19 restrictions for Western Australia may be in place, but Perth businesses fear it will not be enough to breathe new life into a CBD struggling under the weight of the pandemic.
  
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• Hopes for jobs and questions about national security: What would a second port mean for Darwin?

  31-03-2022 22:38 via abc.net.au
  
  The federal government is promising new "port facilities" to be built in Darwin, separate from the city's Chinese-leased port. Local industry is hoping it gets the go-ahead. 
  
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• Oil prices sink as Biden announces largest-ever release of emergency US oil supplies, ASX slips

  31-03-2022 22:33 via abc.net.au
  
  The Australian share market opens lower, following a 6 per cent drop in oil prices as Joe Biden announces the US will release 180 million barrels of oil from its Strategic Petroleum Reserve over six months, and Wall Street posts its worst quarterly loss since COVID-19 first struck.
  
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• Oil prices sink as Biden announces largest-ever release of emergency US oil supplies, ASX set to fall

  31-03-2022 22:33 via abc.net.au
  
  The Australian share market is expected to slip, following a 5 per cent drop in oil prices as Joe Biden announces the US will release 180 million barrels of oil from its Strategic Petroleum Reserve over six months, and Wall Street posts its worst quarterly loss since COVID-19 first struck.
  
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• Oil prices sink as Biden announces largest-ever release of emergency US oil supplies, ASX edges lower

  31-03-2022 22:33 via abc.net.au
  
  Australian shares close slightly lower, following a 6 per cent drop in oil prices as Joe Biden announces the US will release 180 million barrels of oil from its Strategic Petroleum Reserve over six months, and Wall Street posts its worst quarterly loss since COVID-19 first struck.
  
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• Farmers call out 'disgraceful' illegal dumping as rubbish piles up in paddocks

  31-03-2022 22:15 via abc.net.au
  
  From washing machines to mattresses and hazardous waste, Queensland farmers are fed up with finding rubbish dumped illegally on their land.
  
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• 'We cannot catch a break': Rising fuel prices hit commuters who work in Canberra

  31-03-2022 21:37 via abc.net.au
  
  Some motorists stand to gain much more from this week's budget than others, as their lifestyle leaves them more exposed to pump price changes.
  
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• 'Instead of buying lunch twice a week, I'm buying lunch once a week': Fuel prices hitting commuters who work in Canberra

  31-03-2022 21:37 via abc.net.au
  
  Some motorists stand to gain much more from this week's budget than others, as their lifestyle leaves them more exposed to pump price changes.
  
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• 'Instead of buying lunch twice a week, I'm buying lunch once a week': Fuel prices hit commuters who work in Canberra

  31-03-2022 21:37 via abc.net.au
  
  Some motorists stand to gain much more from this week's budget than others, as their lifestyle leaves them more exposed to pump price changes.
  
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• Nathalie's 'Australian dream' was to build her own home. Now she's stuck with land she can't use

  31-03-2022 21:15 via abc.net.au
  
  The construction industry records more insolvencies each year than any other sector, which is being exacerbated by increased costs and labour shortages. Consumers and lawyers are calling for increased protections for homebuyers as some find themselves stuck with half-built houses when companies go broke.
  
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• Four months after Nathalie's builder collapsed, she's paying a mortgage on empty land she can't use

  31-03-2022 21:15 via abc.net.au
  
  The construction industry records more insolvencies each year than any other sector, which is being exacerbated by increased costs and labour shortages. Consumers and lawyers are calling for increased protections for homebuyers as some find themselves stuck with half-built houses when companies go broke.
  
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• 'Nervous' Gold Coast construction industry faces 'perfect storm'

  31-03-2022 21:01 via abc.net.au
  
  Supply chain issues, labour shortages and the increased cost of building materials look set to add further pressure to already-rising property prices, but the industry still has confidence in the Gold Coast market.
  
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• Property prices levelling off, but the damage has already been done for would-be buyers like Shae

  31-03-2022 15:03 via abc.net.au
  
  Property prices now seem to be cooling off after the pandemic boom, at least in the biggest cities, but many prospective first home buyers have already been priced out of the market.
  
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• Property prices are levelling off, but the damage has already been done for would-be buyers like Shaylee

  31-03-2022 15:03 via abc.net.au
  
  Property prices now seem to be cooling off after the pandemic boom, at least in the biggest cities, but many prospective first home buyers have already been priced out of the market.
  
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• Nurses 'running on empty' join 24-hour strike for better conditions at NSW hospitals

  31-03-2022 11:17 via abc.net.au
  
  Nurses and midwives in far west New South Wales have joined a statewide strike, calling for better conditions, pay and staffing ratios.
  
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• 'Massive milestone' as contracts for next stage of Gold Coast's light rail signed

  31-03-2022 10:14 via abc.net.au
  
  Construction giant John Holland signs the contract to carry out major works on stage three of the Gold Coast light rail which will extend the rail by about seven kilometres from Broadbeach to Burleigh Heads. 
  
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• OTR makes tracks for east coast

  31-03-2022 10:09 via businessnews.com.au
  
  OTR Tyres has acquired NYSE-listed Titan International’s Australian wheel division in a deal valued at roughly $23 million to springboard the Belleveue business’ east coast operations.
  
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• Metronet to cost $7.5bn, opposition says

  31-03-2022 10:09 via businessnews.com.au
  
  High mining royalties may provide a windfall for the state government, but a portion of the cash will likely be needed to fund rising infrastructure project costs.
  
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• At Close of Business: Matt Mckenzie on inflation

  31-03-2022 09:59 via businessnews.com.au
  
  On today's episode of At Close of Business, senior journalist Matt Mckenzie analyses the root causes of a burgeoning inflation problem here in Australia and around the world.
  
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• Sale of $17.3m Landgate building settles

  31-03-2022 09:42 via businessnews.com.au
  
  The state government has officially handed over its Landgate building to Georgiou Capital for $17.3 million, the first project to be settled under its market-led proposals policy.
  
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• Change of plans for Finlayson's Northern Star return

  31-03-2022 09:32 via businessnews.com.au
  
  Former Northern Star Resources executive director Raleigh Finlayson will not re-join the board despite an initial plan to return.
  
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• Change of plan for Finlayson's Northern Star return

  31-03-2022 09:32 via businessnews.com.au
  
  Former Northern Star Resources executive director Raleigh Finlayson will not re-join the board despite an initial plan to return.
  
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• Poynton Stavrianou expands team

  31-03-2022 09:31 via businessnews.com.au
  
  Poynton Stavrianou has laid claim to being Perth’s largest fully-independent investment bank after appointing a new director and reporting growth in its operations.
  
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• Dempsey stops building in WA

  31-03-2022 09:20 via businessnews.com.au
  
  One of Perth’s most prominent developers says the state’s new industrial manslaughter rules are the reason he will stop building in Western Australia.
  
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• "Poor controls" over government IT and cybersecurity

  31-03-2022 09:19 via businessnews.com.au
  
  The security of more than 30 government entity IT systems remains at "considerable risk" despite warnings last year, according to WA's auditor-general.
  
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• Renewed calls to claim victims' compensation from criminals' superannuation

  31-03-2022 09:16 via abc.net.au
  
  Advocates are calling on both the government and opposition to commit to changes that will allow the superannuation of criminals to be used for victims' compensation.
  
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• Aust share market has best month in 16

  31-03-2022 09:12 via businessnews.com.au
  
  Soaring commodity prices and the prospect of higher interest rates for banks have helped the Australian share market post its best month in the past 16.
  
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• Biodiesel producers say now's the time to support domestic production, reduce reliance on global supply

  31-03-2022 08:50 via abc.net.au
  
  Australia's biodiesel sector wants better investment to help improve the nation's fuel security as the war in Ukraine highlights the volatility of relying on a global oil supply.
  
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• Biodiesel producers say now is the time to support domestic fuel production and reduce reliance on global supply

  31-03-2022 08:50 via abc.net.au
  
  Australia's biodiesel sector wants better investment to help improve the nation's fuel security as the war in Ukraine highlights the volatility of relying on a global oil supply.
  
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• Residents sue Hanssen over flood 'negligence'

  31-03-2022 08:39 via businessnews.com.au
  
  The owners of 100 Mill Point Road are suing Hanssen over allegations its "negligence" on Finbar’s Aurelia project led to a basement flood that displaced tenants.
  
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• Mega prawn farm plan in northern Australia seems dead in the water

  31-03-2022 08:29 via abc.net.au
  
  The idea of building the world's largest prawn farm on a remote Northern Territory cattle station seemed ambitious. Now it has been deemed unviable.
  
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• New data shows how popular this Gold Coast suburb is, but can infrastructure keep up?

  31-03-2022 08:09 via abc.net.au
  
  Pimpama on the northern Gold Coast had the largest population growth rate of all regional areas in the country during the past financial year. At a rate of almost 13 per cent, locals and councillors are worried infrastructure is not keeping pace.
  
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• Morrison has a credibility gap to cross

  31-03-2022 08:00 via businessnews.com.au
  
  Scott Morrison wants to appear all chummy with WA’s popular premier in the hope voters here will forget some of his previous barbs.
  
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• Alinta moves on Pt Hedland battery; gas delayed

  31-03-2022 07:55 via businessnews.com.au
  
  Alinta Energy wants development approval for a bigger than expected battery at Port Hedland Power Station, but the planned gas generator expansion will be slower.
  
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• Paladin makes Langer Heinrich move

  31-03-2022 07:15 via businessnews.com.au
  
  Paladin Energy is calling for $215 million to restart the Langer Heinrich mine in Namibia and has lined up another taker for its product, evidence of what it says is a strengthening uranium market.
  
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• Charities will soon have to pay for the hundreds of tonnes of waste they dump in Mildura's landfill every year

  31-03-2022 06:51 via abc.net.au
  
  The local Salvation Army says the new policy will cost it at least $30,000 and reduce its ability to provide for the city's most needy.
  
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• 'It’s a behemoth': Historic Tasmanian property hits market with eye-watering $100m price tag

  31-03-2022 06:45 via abc.net.au
  
  Vaucluse Estate is a massive mixed enterprise property with an equally huge history, and it is tipped to sell for more than $100 million.
  
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• Planning a flight from regional WA? Residents' airfares are about to get much cheaper

  31-03-2022 05:44 via abc.net.au
  
  Return flights starting in regional Western Australia used to cost up to $1,000, but from July they will be capped at $398 or $598 for residents, as the state government fulfils an election promise.
  
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• WA records 9,727 new COVID cases

  31-03-2022 05:24 via businessnews.com.au
  
  WA has recorded 9,727 new COVID cases overnight, bringing the state's number of active cases to 52,533, as the state starts easing level two restrictions.
  
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• Oil crisis a slippery slope

  31-03-2022 05:19 via businessnews.com.au
  
  WA’s isolation and size works against it in a climate of rapidly escalating oil prices.
  
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• 'Out of control': High prices leave farmers struggling to break even

  31-03-2022 04:53 via abc.net.au
  
  Can you imagine working all year but not making a profit? That is the prospect facing Western Australian vegetable producers.
  
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• Lithium processing study progresses

  31-03-2022 04:10 via businessnews.com.au
  
  Pilbara Minerals and Calix have agreed to undertake further work on a $50 million-plus mid-stream lithium processing plant after completing a scoping study.
  
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• Nguyen buys more Cottesloe land

  31-03-2022 04:04 via businessnews.com.au
  
  The Perth doctor who recently sold 120 Marine Parade has bought a nearby development lot for $5.8 million.
  
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• February job vacancies balloon to 423,500

  31-03-2022 04:02 via businessnews.com.au
  
  The Australian Bureau of Statistics says there were 423,500 job vacancies in February, around 200,000 more than was seen before the COVID-19 pandemic.
  
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• Second chance for Vimy, Deep Yellow deal

  31-03-2022 02:52 via businessnews.com.au
  
  John Borshoff’s Deep Yellow and WA uranium play Vimy Resources have agreed to terms for a proposed $658 million merger, some four months after Vimy first put Mulga Rock on the market.
  
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• City of Kalgoorlie-Boulder to back pay $2 million to staff after wage freezes

  31-03-2022 02:26 via abc.net.au
  
  The embattled council says the decision, after several years of objection from staff and the union, was due to "an administrative error".
  
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• New national park is declared to help protect some of the world's oldest rocks

  31-03-2022 01:57 via abc.net.au
  
  A new national park in the heart of Midwest iron ore country aims to protect banded iron formations, which have some of the oldest rocks in the world.
  
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