Analyst news

• 'They have been keeping supply chains going', but shore leave becomes thing of the past during COVID

  03-05-2022 23:46 via abc.net.au
  
  A seafarer who nearly died below deck of a cargo ship achieved what is now a rare feat in his profession  setting foot on dry land. 
  
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• Major mine sat on government panel that chose its own independent monitor

  03-05-2022 22:45 via abc.net.au
  
  Confidential documents show representatives from the McArthur River Mine in the Northern Territory had a hand in the appointment of its own key oversight body, as environmentalists question the integrity of the latest glowing report card on the mine's environmental performance.
  
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• Why Barnaby Joyce's 'gift' to farmers of a $5.4bn dam could create the 'most expensive water' in Australia

  03-05-2022 21:53 via abc.net.au
  
  Barnaby Joyce's plan to spend $5.4 billion building the Hells Gates Dam dwarfs almost any pledge made during the election campaign. So is the dam, which aims to create an agricultural powerhouse in north Queensland, even viable?
  
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• Could this dam create the 'most expensive water' in Australia?

  03-05-2022 21:53 via abc.net.au
  
  Barnaby Joyce's plan to spend $5.4 billion building the Hells Gates Dam dwarfs almost any pledge made during the election campaign. So is the dam, which aims to create an agricultural powerhouse in north Queensland, even viable?
  
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• Could Queensland's booming housing market be about to cool off?

  03-05-2022 21:27 via abc.net.au
  
  The Reserve Bank's 25-basis point increase is just the first of many on the horizon, and Queensland homeowners need to brace for higher home loan repayments over the next 18 months, a leading property analyst says.
  
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• NAB joins CBA, ANZ, Westpac in lifting home loan variable rates by 0.25 per cent

  03-05-2022 10:28 via abc.net.au
  
  All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.
  
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• CBA to raise variable mortgage rates by 0.25 per cent, matching RBA rate hike

  03-05-2022 10:28 via abc.net.au
  
  The Commonwealth Bank is the first major bank to announce an increase in mortgage rates, matching the RBA's 25-basis-point increase.
  
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• CBA, ANZ, Westpac to raise variable mortgage rates by 0.25 per cent, matching RBA rate hike

  03-05-2022 10:28 via abc.net.au
  
  The Commonwealth Bank is the first major bank to announce an increase in mortgage rates, matching the RBA's 25-basis-point increase.
  
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• CBA, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent, matching RBA rate hike

  03-05-2022 10:28 via abc.net.au
  
  The Commonwealth Bank is the first major bank to announce an increase in mortgage rates, matching the RBA's 25-basis-point increase.
  
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• CBA, ANZ to raise variable mortgage rates by 0.25 per cent, matching RBA rate hike

  03-05-2022 10:28 via abc.net.au
  
  The Commonwealth Bank is the first major bank to announce an increase in mortgage rates, matching the RBA's 25-basis-point increase.
  
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• Health workers devastated by lack of funding for new Albury Wodonga Hospital

  03-05-2022 10:24 via abc.net.au
  
  Hopes of bringing to life a new hospital along the New South Wales - Victoria border have been shattered after the project missed out on funding in the state budget.
  
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• Inflation to fall by 2024: RBA

  03-05-2022 10:17 via businessnews.com.au
  
  The cash rate could be expected to rise over time to 2.5 per cent, RBA Governor Philip Lowe has said, while inflation could get worse before it gets better.
  
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• $200m for rail freight network

  03-05-2022 10:04 via businessnews.com.au
  
  Western Australia’s regional rail freight network will receive a $200 million upgrade to help get grain to port more quickly.
  
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• At Close of Business: The RBA's plan to cut inflation

  03-05-2022 09:53 via businessnews.com.au
  
  On today's episode of At Close of Business, journalists Matt Mckenzie and Jordan Murray discuss the RBA's reasoning for lifting interest rates, why more rises are expected, and what it means for the election.
  
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• ASX drops 0.4pc following cash rate hike

  03-05-2022 09:47 via businessnews.com.au
  
  The Australian share market has closed lower for a second day after the Reserve Bank raised the cash rate higher than expected.
  
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• Acciona border battle heads to trial

  03-05-2022 09:45 via businessnews.com.au
  
  A three-day trial date has been set to determine whether WA's tough border rules are reason enough to allow contractor Acciona to exit Macquarie’s $700 million Kwinana waste-to-energy project.
  
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• Former Star CEO admits issues raised at inquiry suggest 'significant, systemic and cultural' problem at casino

  03-05-2022 09:38 via abc.net.au
  
  Matt Bekier faces his second day of questioning less than two months after resigning amid allegations of money laundering, fraud and criminal infiltration at the Sydney casino.
  
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• World-leading Australian Wagyu pioneers to focus on growth with station purchases confirmed

  03-05-2022 09:21 via abc.net.au
  
  The Australian owner of the world's largest privately-held Wagyu herd is planning further investment in the Japanese breed, including on two new NT station purchases believed to be worth $100 million.
  
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• The Loop: Your mortgage repayments could be about to go up, drought leads to grim discovery and Marilyn Monroe's dress makes Met Gala debut

  03-05-2022 09:21 via abc.net.au
  
  Here's your quick wrap up of today's news.
  
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• Morrison says Australians are ready for bigger mortgage payments. Labor says it's a cost of living crisis

  03-05-2022 09:16 via abc.net.au
  
  The Prime Minister says households are prepared to deal with the first increase to interest rates in more than a decade, but Labor says his government is not doing enough to ease cost-of-living pressures.
  
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• Brisbane City Council urged to put $200m earmarked for Olympic land into affordable housing

  03-05-2022 09:02 via abc.net.au
  
  The council budgeted to borrow $200 million this year for land acquisitions ahead of the 2032 Olympics.
  
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• $400m for WA rail upgrade after record grain harvest

  03-05-2022 08:49 via abc.net.au
  
  State and federal governments, along with grain handler CBH Group, will spend the money over the next three years to reduce delays moving grain from storage sites to port. 
  
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• 'These workers are just as valuable': Lilitu pays her casual staff sick leave, even though she doesn't have to

  03-05-2022 08:17 via abc.net.au
  
  An ACT Labor MLA asks the government to investigate providing casual workers with sick leave and carers' leave.
  
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• ACT government asked to consider providing sick leave for casual workers

  03-05-2022 08:17 via abc.net.au
  
  An ACT Labor MLA asks the government to investigate providing casual workers with sick leave and carers' leave.
  
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• Ombudsman clears former SA deputy premier of conflict of interest in port decision

  03-05-2022 08:11 via abc.net.au
  
  The ombudsman clears Vickie Chapman of any wrongdoing in her decision as planning minister to refuse a port on Kangaroo Island.
  
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• Work finally begins on $5bn Kings Forest housing development

  03-05-2022 08:05 via abc.net.au
  
  Almost 35 years after the land in northern NSW was zoned for urban expansion, the 437-hectare site is expected to eventually house 11,000 people.
  
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• Bugle calls mark Anzac’s historical note

  03-05-2022 08:00 via businessnews.com.au
  
  For more than a century, Anzac Day has held a special place in Australians’ consciousness.
  
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• 'Giving the fox the keys to the henhouse': Councils fear proposed NSW planning changes to be pro-developer

  03-05-2022 07:30 via abc.net.au
  
  Councils across New South Wales are warning the state government that its proposed changes to planning laws are a "rubber stamp for developers".
  
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• 'Giving the fox the keys to the henhouse': Councils fear NSW planning changes to be pro-developer

  03-05-2022 07:30 via abc.net.au
  
  Councils across New South Wales are warning the state government that its proposed changes to planning laws are a "rubber stamp for developers".
  
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• Who are the winners and losers in Victoria's 2022 budget?

  03-05-2022 07:18 via abc.net.au
  
  See how the Victorian government prioritised spending in its election-year budget.
  
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• The EU is considering banning Russian oil. Here's why that matters

  03-05-2022 07:07 via abc.net.au
  
  The EU is set to propose a new package of sanctions this week, including a potential embargo on buying Russian oil —  a measure that would deprive Moscow of a large revenue stream — but that has so far divided EU countries
  
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• Changes to $25m Shenton Park apartments approved

  03-05-2022 06:57 via businessnews.com.au
  
  Amendments for a six-storey $25 million Shenton Park apartment block have been approved as the development's costs risen nearly 40 per cent from the initial estimate.
  
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• Reserve Bank kicks off rate rises with a small move to start, more likely to come

  03-05-2022 06:32 via abc.net.au
  
  The Reserve Bank increases interest rates for the first time in more than 11 years, with a 25-basis-point hike taking the cash rate target to 0.35 per cent.
  
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• Reserve Bank kicks off rate rises with 25-basis-point move, more likely to come

  03-05-2022 06:32 via abc.net.au
  
  The Reserve Bank increases interest rates for the first time in more than 11 years, with a 25-basis-point hike taking the cash rate target to 0.35 per cent.
  
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• Rates up 0.25 per cent

  03-05-2022 06:32 via businessnews.com.au
  
  The nation’s benchmark interest rate has been lifted to 0.35 per cent by the Reserve Bank of Australia, as it seeks to respond to inflation running at 5.1 per cent.
  
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• Interest rates rise for first time since 2010 and RBA governor warns the economy will 'require a further lift'

  03-05-2022 06:32 via abc.net.au
  
  The Reserve Bank increases interest rates for the first time in more than 11 years, with a 25-basis-point hike taking the cash rate target to 0.35 per cent.
  
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• ICU expansion pledged for Nedlands hospital

  03-05-2022 05:52 via businessnews.com.au
  
  Sir Charles Gairdner Hospital will receive a new 10-bed intensive care unit as part of the state government’s bid to alleviate pressure on the health system.
  
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• WA farmland value booms

  03-05-2022 05:10 via businessnews.com.au
  
  The value of WA’s farmland has increased by the highest amount in the country, at 36.3 per cent.
  
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• Victorian budget's multi-billion-dollar spend against backdrop of 'uncertainty' of COVID, inflation

  03-05-2022 05:04 via abc.net.au
  
  Victoria's election-year budget will pile on debt to fix the state's beleaguered health system and continue to pump money into education and transport, all while it attempts to claw back a modest surplus in just four years.
  
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• Victorian budget's big spend on health flanked by billions for education, transport projects

  03-05-2022 05:04 via abc.net.au
  
  Victoria's election-year budget will pile on debt to fix the state's beleaguered health system and continue to pump money into education and transport, all while it attempts to claw back a modest surplus in just four years.
  
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• $12 billion pandemic repair plan centrepiece of Victoria's election-year budget

  03-05-2022 05:04 via abc.net.au
  
  Victoria's election-year budget will pile on debt to fix the state's beleaguered health system and continue to pump money into education and transport, all while it attempts to claw back a modest surplus in just four years.
  
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• WA records 7,929 new COVID cases

  03-05-2022 04:49 via businessnews.com.au
  
  Daily COVID cases have risen again following a drop-off in numbers earlier this week, with WA recording 7,929 new infections overnight as well as one historical death.
  
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• COVID cases pick up by 7,929

  03-05-2022 04:49 via businessnews.com.au
  
  Daily COVID cases have risen again following a drop-off in numbers earlier this week, with WA recording 7,929 new infections overnight as well as one historical death.
  
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• Land swaps, buybacks and businesses on the golf course: Ideas proposed for Lismore's future

  03-05-2022 03:44 via abc.net.au
  
  Lismore City Council sets out a range of options for the city's flood recovery, including moving part of the city's business and industrial areas.
  
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• Billionaire takes AGL stake ahead of vote

  03-05-2022 03:00 via businessnews.com.au
  
  A push by the AGL Energy board to demerge the company with the 75 per cent shareholder approval is facing a potential hurdle after a billionaire bought shares.
  
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• Investors warm to carbon farming

  03-05-2022 02:34 via businessnews.com.au
  
  Australia’s carbon market has been through a tumultuous two months, but local players are positive about long-term growth.
  
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• Carriage trade: Decommissioned Gold Coast monorail on track to be holiday units

  03-05-2022 02:24 via abc.net.au
  
  After gathering dust in a storage yard for five years, the former Broadbeach monorail carriages may be on track for a new role as bed and breakfast lodgings after a private buyer in NSW expressed interest in purchasing them.
  
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• Tech billionaire invests in energy giant

  03-05-2022 00:51 via abc.net.au
  
  Australian tech billionaire Mike Cannon-Brookes buys shares in coal-powered energy company AGL, vowing to create "a better future" that moves towards "decarbonisation".
  
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• Atlassian co-founder Mike Cannon-Brookes becomes energy giant AGL's largest shareholder

  03-05-2022 00:51 via abc.net.au
  
  Australian tech billionaire Mike Cannon-Brookes buys shares in coal-powered energy company AGL, vowing to create "a better future" that moves towards "decarbonisation".
  
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• WA council quadruples mosquito management money as insect invasion bites

  03-05-2022 00:19 via abc.net.au
  
  A West Australian council is spending a record amount of ratepayer money on mosquito management, amid concerns higher than usual mosquito numbers could threaten the lifestyle of residents on the outskirts of Perth.
  
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