Analyst news

• Fatal blast at Havana hotel tears hole in side of historic building

  06-05-2022 22:42 via abc.net.au
  
  The search continues for victims in the rubble after a suspected gas leak caused a deadly explosion, heavily damaging the well-known Cuban Hotel while it was closed to guests for renovations. 
  
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• What's causing the global food crisis and is the world running out of food?

  06-05-2022 21:28 via abc.net.au
  
  There are warnings that catastrophe is looming and 44 million people are on the verge of famine as the war in Ukraine fuels already record-high food prices.
  
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• 'It's a perfect humanitarian storm': The catastrophe spreading far beyond Europe

  06-05-2022 21:28 via abc.net.au
  
  There are warnings that catastrophe is looming and 44 million people are on the verge of famine as the war in Ukraine fuels already record-high food prices.
  
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• Riches takes top spot at 40under40 awards

  06-05-2022 16:50 via businessnews.com.au
  
  GenusPlus Group founder and managing director David Riches has been named First Amongst Equals at the 2022 40under40 Awards, ahead of a diverse cohort of Western Australia’s young business and community leaders.
  
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• $57k fine plus court costs for respected cotton grower who stole water in drought

  06-05-2022 10:28 via abc.net.au
  
  A cotton grower who fronted an industry campaign to discredit the environmental water buyback scheme is guilty of illegally pumping water equal to almost 300 Olympic-sized swimming pools during drought.
  
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• $200k fine for respected cotton grower who stole water in drought

  06-05-2022 10:28 via abc.net.au
  
  A cotton grower who fronted an industry campaign to discredit the environmental water buyback scheme is guilty of illegally pumping water equal to almost 300 Olympic-sized swimming pools during drought.
  
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• 'We should all be ashamed': Perth residents with jobs, mortgages turning to charities for food, housing

  06-05-2022 10:06 via abc.net.au
  
  Not-for-profit organisations say the rising cost of living is driving more people to seek help as they struggle to survive despite having a source of income.
  
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• Residents stunned by massive rate rise proposals at two NSW councils

  06-05-2022 10:00 via abc.net.au
  
  Bega Valley and Snowy Monaro councils have both taken steps towards implementing a proposed large rate increase to address what they are calling rising operating costs.
  
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• Miners signal CBD return

  06-05-2022 09:35 via businessnews.com.au
  
  An influx of approximately 8,000 workers could return to Perth’s CBD as BHP, Chevron and Woodside look to encourage hybrid work models.
  
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• Varsity plans new pub in Midland

  06-05-2022 09:33 via businessnews.com.au
  
  Varsity Group is eyeing a Midland site for its next expansion as their upcoming Innaloo store is expected to open in the coming months.
  
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• Facebook's conduct was reckless: Forrest

  06-05-2022 09:30 via businessnews.com.au
  
  Andrew Forrest has offered a searing critique of Facebook following revelations about the company's conduct during negotiations with the federal government over its media bargaining code.
  
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• At Close of Business: Six point plans, pensions and property

  06-05-2022 09:30 via businessnews.com.au
  
  On today's episode of At Close of Business, Jordan Murray and Matt Mckenzie review the key policy debates in the federal election this week.
  
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• ASX suffers worst week since October 2020

  06-05-2022 09:17 via businessnews.com.au
  
  The ASX dropped 2.2 per cent to finish the week down 3.1 per cent, with losses across the board in what an analyst described as "complete carnage".
  
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• Deputy Dreibergs quits police

  06-05-2022 08:22 via businessnews.com.au
  
  One the state's two deputy police commissioners, Gary Dreibergs, has ended his 40-year career and will not be in the running to replace the outgoing commissioner Chris Dawson.
  
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• Norwest in WA machinery first

  06-05-2022 08:20 via businessnews.com.au
  
  Norwest Crane Hire has received the first Liebherr 650T crane in Western Australia ahead of a series of works scheduled with major mining companies in the Pilbara.
  
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• Centuria buys $11m industrial asset

  06-05-2022 07:56 via businessnews.com.au
  
  The Malaga facility attracted a 5 per cent yield, a record for Perth’s northern industrial corridor.
  
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• Centuria buy $11m industrial asset

  06-05-2022 07:56 via businessnews.com.au
  
  The Malaga facility attracted a five per cent yield, a record for Perth’s northern industrial corridor.
  
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• Liquidators: $77m loss for Forex customers

  06-05-2022 07:55 via businessnews.com.au
  
  Liquidators for Forex Capital Trading released their investigation report, finding that the company’s former customers have incurred a loss of at least $77.5 million.
  
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• Parkside to close landmark mill as logging ban looms

  06-05-2022 07:51 via businessnews.com.au
  
  The state’s largest timber manufacturer will close its 70-year-old Greenbushes mill and stand down 50 employees after investing $54 million as the state’s native logging ban looms.
  
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• Chrysos dumped on debut

  06-05-2022 07:30 via businessnews.com.au
  
  Shares in gold technology company Chrysos Corporation have crashed on their first day of trade, down 36 per cent from their issue price.
  
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• Zonta Club launches local foundation

  06-05-2022 07:23 via businessnews.com.au
  
  The local branch of Zonta International has used its 50th anniversary to launch Perth Foundation for Women to maximise its community impact.
  
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• Hospitality venues in Broken Hill say COVID wreaking havoc on business

  06-05-2022 06:58 via abc.net.au
  
  Struggling to keep their doors open for Mother's Day, far west hospitality venues say they are running on bare minimum staffing numbers as COVID impacts their operations.
  
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• Beetaloo's 'absolutely immense' potential spruiked at oil and gas conference, but big tests loom

  06-05-2022 06:48 via abc.net.au
  
  Buried deep in the Beetaloo Basin, it's estimated there is enough shale gas to power Australia for 300 years if the industry can work out how to frack it safely. Now, the industry is considering re-injecting wastewater into deep saline aquifers.
  
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• WA to look at hydrogen power target

  06-05-2022 06:43 via businessnews.com.au
  
  The West Australian government will consider setting a target for the supply of electricity from renewable hydrogen.
  
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• Tension brewing as WA council is accused of being 'anti development' in midst of housing crisis

  06-05-2022 06:13 via abc.net.au
  
  The Kalgoorlie-Boulder Chamber of Commerce and Industry says the lack of new housing is causing mining companies to price locals out of the market. 
  
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• Tension brewing as WA council accused of being 'anti-development' in midst of housing crisis

  06-05-2022 06:13 via abc.net.au
  
  The Kalgoorlie-Boulder Chamber of Commerce and Industry says the lack of new housing is causing mining companies to price locals out of the market. 
  
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• Seafarms CEO quits after scathing review of prawn farm plan sparks boardroom backlash

  06-05-2022 06:05 via abc.net.au
  
  Mick McMahon has stepped down after apologising to shareholders over an "unviable" plan to build the world's biggest prawn farm.
  
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• WA town 'devastated' as mill closes, jobs lost amid native forest logging ban

  06-05-2022 06:01 via abc.net.au
  
  It is understood 50 local staff will be stood down as the Greenbushes Mill closes, with Western Australia's looming ban on native forest logging flagged as a key reason.
  
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• Jobs lost as WA mill closes ahead of deadline for native forest logging ban

  06-05-2022 06:01 via abc.net.au
  
  It is understood 50 local staff will be stood down as the Greenbushes Mill closes, with WA's looming ban on native forest logging flagged as a key reason.
  
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• ARTS REVIEW: Young artists challenge the cynics

  06-05-2022 05:00 via businessnews.com.au
  
  AGWA’s annual showcase of Year 12 art takes the pulse of a switched-on generation ready to make their mark on the world, writes Craig McKeough.
  
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• Federal Police request more time in Cowan probe

  06-05-2022 04:38 via businessnews.com.au
  
  Well-connected former Joondalup Health Campus boss Kempton Cowan won’t face court again until mid-June, after Federal Police pushed for more time to investigate allegations he was in possession of child abuse material.
  
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• COVID cases drop, hospitalisations rise

  06-05-2022 04:29 via businessnews.com.au
  
  WA has recorded a drop in daily COVID cases with the Department of Health reporting 9,328 new infections overnight, but the number of people with COVID in hospital has risen.
  
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• World-renowned area near Blue Mountains gets official protection, but can it really be saved?

  06-05-2022 04:14 via abc.net.au
  
  Mining will continue and Australia's longest zip-line is slated in a new state conservation area as the NSW government attempts to protect almost 100 endangered species. 
  
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• Conservation conflict in area near Blue Mountains to feature Australia's longest zip-line

  06-05-2022 04:14 via abc.net.au
  
  Mining goes on and ecotourism will be developed in a new state conservation area where the NSW government is attempting to protect almost 100 endangered species.
  
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• Musk mines opportunity for EV metals

  06-05-2022 03:56 via businessnews.com.au
  
  Sourcing and supply chain challenges could lead some global businesses to open new branches in mining.
  
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• Turkey's inflation soars to 70 per cent, hitting a two-decade high

  06-05-2022 03:41 via abc.net.au
  
  Turkey's annual inflation jumped to a two-decade high in April, fuelled by the Russia-Ukraine conflict and rising energy and commodity prices after last year's lira crash.
  
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• Seafarms boss ousted

  06-05-2022 03:20 via businessnews.com.au
  
  Seafarms Group executive chair Mick McMahon has stepped down from the board two weeks after a major shareholder sought to have him removed.
  
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• Macquarie FY profit jumps 56pct

  06-05-2022 03:00 via businessnews.com.au
  
  Macquarie Group's full-year profit has surged 56 per cent to $4.71 billion, but the group will maintain a conservative approach in FY22.
  
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• Macquarie FY profit jumps 56pc

  06-05-2022 03:00 via businessnews.com.au
  
  Macquarie Group's full-year profit has surged 56 per cent to $4.71 billion, but the group will maintain a conservative approach in FY22.
  
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• Post-pandemic prep misses the mark

  06-05-2022 02:24 via businessnews.com.au
  
  Many big businesses showed impressive flexibility to get through the worst effects of COVID, but some seem to have failed to plan for the next step.
  
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• 3.75 million tonnes of leftover ore to be processed at former copper and gold mine

  06-05-2022 01:05 via abc.net.au
  
  A former copper and gold mine near Tennant Creek is being rehabilitated by mineral company Elmore Ltd to cash in on processing 3.75 million tonnes of magnetite tailings.
  
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