Analyst news

• Brisbane's north used to be home to a coal mine. Here's what other geological wonders lie beneath the city

  11-05-2022 23:45 via abc.net.au
  
  Brisbane is famous for a sub-tropical climate and being one of Australia's most liveable cities, but there is much more going on underneath its streets than most residents might realise.
  
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• Two rich and powerful brothers ruled this tropical island for years. Here's why it's all falling apart

  11-05-2022 23:08 via abc.net.au
  
  For decades, the Rajapaksa family has loomed large on the tropical island nation of Sri Lanka, but their era of dominance could be finally coming to a close. 
  
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• First new baby in decades brings life to tiny town where a dark mystery may never be solved

  11-05-2022 22:37 via abc.net.au
  
  Not a single baby had been born in the tiny town of Larrimah for two decades. Then Ondra and Lucie fell in love with life in the outback — and feeding crocodiles — and decided to stay and start a family. 
  
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• 'They've been selling this lie': It's a dream holiday destination for some. Others tell a different story

  11-05-2022 22:06 via abc.net.au
  
  For over a century, the destiny of this island paradise has been in the hands of outsiders. Now locals are fighting to reclaim it.
  
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• ‘Hawaii is being sold to the global elite’: The fight to retake paradise

  11-05-2022 22:06 via abc.net.au
  
  It's a slice of paradise for some but behind the postcard facade, native Hawaiians have a different story to tell.
  
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• "We're getting priced out’: Home buyers keep saving, but struggle to keep up with rising deposits and mortgage payments

  11-05-2022 21:51 via abc.net.au
  
  While house prices are expected to fall nationally as interest rates continue to rise, that won't necessarily improve the plight of first home buyers, according to Core Logic's latest housing affordability report. 
  
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• 'We're getting priced out': Home buyers keep saving, but struggle to keep up with rising deposits and mortgage payments

  11-05-2022 21:51 via abc.net.au
  
  While house prices are expected to fall nationally as interest rates continue to rise, that won't necessarily improve the plight of first home buyers, according to Core Logic's latest housing affordability report. 
  
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• A decade of savings isn’t enough for most first home buyers, as deposits soar out of reach

  11-05-2022 21:51 via abc.net.au
  
  While house prices are expected to fall nationally as interest rates continue to rise, that won't necessarily improve the plight of first home buyers, according to Core Logic's latest housing affordability report. 
  
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• US inflation rate at 8.3 per cent but slowing down from peak surge

  11-05-2022 21:44 via abc.net.au
  
  The soaring cost of living in the United States is continuing, with fresh inflation data there showing it is still at its highest level in almost 40 years.
  
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• Surging prices rattle markets and tech stocks, while Bitcoin tanks below US$30,000

  11-05-2022 21:44 via abc.net.au
  
  The soaring cost of living in the United States is continuing, with fresh inflation data there showing it is still at its highest level in almost 40 years.
  
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• Surging prices keep bigger interest rate rises on the table, sink shares on Wall St

  11-05-2022 21:44 via abc.net.au
  
  The soaring cost of living in the United States is continuing, with fresh inflation data there showing it is still at its highest level in almost 40 years.
  
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• Shares sink as bitcoin tanks, investors flee to safe haven US dollar

  11-05-2022 21:44 via abc.net.au
  
  Surging prices — and the possibility of looming interest rate hikes — are rattling global markets, tech stocks and crypto, while investors are going back to the "haven" of the greenback.
  
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• Price hikes still continuing in the United States, with more rate hikes tipped

  11-05-2022 21:44 via abc.net.au
  
  The soaring cost of living in the United States is continuing, with fresh inflation data there showing it is still at its highest level in almost 40 years.
  
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• The UAP is promising to cap mortgage rates. Can it really be done?

  11-05-2022 21:05 via abc.net.au
  
  With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?
  
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• Clive Palmer's party is proposing a mortgage cap that would take Australia's banking system back to the 1970s

  11-05-2022 21:05 via abc.net.au
  
  With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?
  
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• Alana is only 18, but she already owes $8,000 to buy now pay later companies

  11-05-2022 17:10 via abc.net.au
  
  Charities and consumer groups say more needs to be done to regulate the buy now, pay later industry, amid concerns that rising living costs will cause more people to use the services.
  
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• Albanese wins final leaders' debate, Morrison confirms Tudge will re-enter cabinet if elected

  11-05-2022 16:39 via abc.net.au
  
  Anthony Albanese wins the third leaders' debate which saw he and Scott Morrison cover well-trodden issues, but also the Prime Minister confirm Alan Tudge will return to the frontbench if the Coalition is re-elected.
  
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• Stalemate for EU trade rules for Northern Ireland

  11-05-2022 12:04 via abc.net.au
  
  Britain rejects European Union proposals to resolve a stand-off over post-Brexit trade rules for Northern Ireland, saying it would not shy away from taking direct action in the latest escalation between the two sides.
  
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• Battle for the western front

  11-05-2022 10:35 via businessnews.com.au
  
  Liberal, Labor and independent candidates fight for the seat of Curtin in a live debate.
  
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• Hollywood picks Perth, doco deal

  11-05-2022 10:07 via businessnews.com.au
  
  A major US movie has committed to postproduction in WA, as the ABC struck a deal with Screenwest to feature local documentaries during a primetime slot.
  
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• Victoria Quay set for $7.5m boost

  11-05-2022 10:00 via businessnews.com.au
  
  Fremantle’s Victoria Quay is set for a transformation to offer more business and tourism opportunities with $7.5 million to be allocated in the 2022-23 state budget for its revitalisation.
  
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• Galileo rockets on drill results

  11-05-2022 10:00 via businessnews.com.au
  
  Shares in Mark Creasy-backed explorer Galileo Mining tripled today after it reported a major palladium and platinum discovery at its Norseman Project.
  
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• ASX snaps losing streak, edges higher

  11-05-2022 09:43 via businessnews.com.au
  
  The Australian share market has finished in the green for the first time since last Thursday, rising slightly higher ahead of key US inflation data due to be released overnight.
  
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• Bell resigns as director amid ASIC action

  11-05-2022 09:41 via businessnews.com.au
  
  Australian Mines’ Benjamin Bell has resigned as a director after the corporate watchdog moved to strip him of his right to manage a corporation over disclosure allegations.
  
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• Arts companies bank $2.3m from Fortescue dividends

  11-05-2022 09:30 via businessnews.com.au
  
  Major Western Australian arts companies have reaped huge benefits from Fortescue Metals Group shares donated by Andrew and Nicola Forrest in 2011.
  
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• Arts companies bank $2.3 from Fortescue dividends

  11-05-2022 09:30 via businessnews.com.au
  
  Major Western Australian arts companies have reaped huge benefits from Fortescue Metals Group shares donated by Andrew and Nicola Forrest in 2011.
  
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• State billed $16k for lawsuit: McGurk

  11-05-2022 09:24 via businessnews.com.au
  
  Minister Simone McGurk has remained tight-lipped about the settlement that ended her lawsuit with psychologist Tracy Westerman, revealing only that the state paid $16,500 in costs.
  
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• State slammed over SDAU revival

  11-05-2022 08:55 via businessnews.com.au
  
  The opposition has slammed the state government's rush to revive the SDAU, labelling the deferral of its permanent replacement an admission it is flawed.
  
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• DRA hit amid delays, contract issues

  11-05-2022 08:40 via businessnews.com.au
  
  Contractor DRA Global says its revenue may drop by as much as 25 per cent this year after contract losses and project delays.
  
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• Ukraine recaptures towns near Kharkiv as it suspends Russian gas flow to Europe

  11-05-2022 08:20 via abc.net.au
  
  Ukraine repels Russian advance near Kharkiv as Kyiv suspends some Russian gas flow to Europe blaming interference by Russian forces. 
  
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• Ukraine recaptures towns near Kharkiv as it prepares to suspend Russian gas flow to Europe

  11-05-2022 08:20 via abc.net.au
  
  Ukraine repels Russian advance near Kharkiv as Kyiv prepares to suspend some Russian gas flow to Europe blaming interference by Russian forces. 
  
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• Ukraine fighting to take back Snake Island for dominance in northern Black Sea

  11-05-2022 08:20 via abc.net.au
  
  A remote island off Ukraine occupied by Russia on the first day of its invasion becomes the focal point of the battle for control of the western Black Sea coast.
  
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• Satterley Group's appeal over $2.5m tax

  11-05-2022 07:50 via businessnews.com.au
  
  Nigel Satterley’s property group is taking the tax commissioner to court, claiming a $2.5 million payment to compensate shareholders after a string of failed developments was to preserve its reputation.
  
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• Ramping up: Regional hospital warns of 'record demand' at emergency department

  11-05-2022 07:04 via abc.net.au
  
  Victorian Ambulance Union secretary says “the smaller country towns are actually the ones that suffer the most".
  
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• We 'dig them up and ship them out': Australia has critical minerals, so isn't it time for a domestic EV industry?

  11-05-2022 06:46 via abc.net.au
  
  Australia has some of the largest critical mineral reserves in the world, but it's missing out on potentially huge profits. That's where a domestic electric vehicle industry could come in.
  
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• McGowan warns pandemic isn't over as cases surge by 17,000

  11-05-2022 06:30 via businessnews.com.au
  
  COVID cases in Western Australia have surged by more than 17,000 overnight, as Premier Mark McGowan warns the pandemic is not over yet.
  
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• Aussie exporters pitch wagyu, whiskey, yabbies at revived food trade mission

  11-05-2022 05:38 via abc.net.au
  
  The best of Aussie produce has been showcased in person to 17 international food and drink importers for the first time since 2020 after a long and reluctant switch to Zoom calls and emails. 
  
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• Victorian sex industry reforms celebrated as a win for workers, but some say more needs to be done in regions

  11-05-2022 05:32 via abc.net.au
  
  The suite of reforms includes removing penalties for people participating in street-based work, and repealing a register that contains details of independent workers.
  
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• Morrison dubs Albanese a 'loose unit' for picking a fight on 5.1 per cent pay rise for workers

  11-05-2022 04:31 via abc.net.au
  
  The Prime Minister says Anthony Albanese's push for wages to keep pace with inflation is "reckless", but Labor says the alternative is for people's pay to go backwards.
  
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• COVID cases surge by 17,033

  11-05-2022 04:20 via businessnews.com.au
  
  Western Australia has recorded a significant spike in COVID infections, which surged by more than 17,000 overnight.
  
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• Once bitten: Amy Shark calls for more protections for musicians and artists as she prepares for huge tour

  11-05-2022 03:52 via abc.net.au
  
  ARIA Award-winning singer Amy Shark is about to embark on an ambitious 60-date national tour.
  After being forced to pare back her touring plans over the past two years due to the pandemic, she is calling on the government to learn from what has happened and put safeguards in place to protect artists.
  
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• Adelaide hitches a ride with 42

  11-05-2022 03:05 via businessnews.com.au
  
  An innovative coding school recently opened in Australia has big plans.
  
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• ALP, coalition wage rise stoush ramps up

  11-05-2022 02:56 via businessnews.com.au
  
  Opposition leader Anthony Albanese effectively put a figure on Labor's position, supporting a wage increase of 5.1 per cent, in line with the highest inflation spike in two decades.
  
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• Old coal mine reopens in NSW to 'keep bread on the table'

  11-05-2022 02:32 via abc.net.au
  
  There is hope the reopening of a coal mine could revitalise a "deserted little town" on the outskirts of Lithgow despite plans to transition away from the fossil fuel. 
  
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• COVID fatigue hits arts players

  11-05-2022 02:00 via businessnews.com.au
  
  The first months of 2022 felt like the start of the pandemic all over again for the arts sector, but with more fatigue and less financial support, according to Jenny Simpson.
  
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• International tourism to Great Barrier Reef has taken a deep dive and operators want a life raft

  11-05-2022 01:13 via abc.net.au
  
  Australian tourists are flocking back to Cairns and the Great Barrier Reef, but it's not the case for much-needed international visitors.
  
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• 'I could be killed so many times': Queensland lockdowns drive spike in food delivery worker injuries

  11-05-2022 00:18 via abc.net.au
  
  New research shows migrant delivery drivers are particularly vulnerable to injury, with more serious injuries reported during Brisbane's lockdowns and bad weather.
  
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• Carla was targeted by drivers when she delivered UberEats by scooter. Now she's scared

  11-05-2022 00:18 via abc.net.au
  
  New research shows migrant delivery drivers are particularly vulnerable to injury, with more serious injuries reported during Brisbane's lockdowns and bad weather.
  
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• Farmers call for ACCC inquiry to address growing grain price gap

  11-05-2022 00:17 via abc.net.au
  
  Australia's peak farm lobby group for grain growers is calling for an inquiry into grain prices to explain why farmers are getting up to $400 per tonne less for their product than producers overseas. 
  
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