Analyst news

• Light rail debate shows 'change can be scary' but the Gold Coast still has a public transport problem

  12-05-2022 23:24 via abc.net.au
  
  Beyond divided community opinions and government surveys, an underlying problem faces Gold Coast transport.
  
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• Cost blowouts across WA as rising prices, labour shortages impact the budget's bottom line

  12-05-2022 23:24 via abc.net.au
  
  While much has been made of the effects rising costs and labour shortages are having on housing construction in Perth, the state budget lays bare the impact on the state's finances — and it's a billion-dollar problem.
  
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• Billion-dollar budget blowout exposes impact of rising costs, labour shortages on WA's bottom line

  12-05-2022 23:24 via abc.net.au
  
  While much has been made of the effects rising costs and labour shortages are having on housing construction in Perth, the state budget lays bare the impact on the state's finances — and it's a billion-dollar problem.
  
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• The reality was stark for Donna and Jarrod — get second jobs or fail to get ahead

  12-05-2022 23:23 via abc.net.au
  
  A record number of Australians are taking on extra jobs as the cost of living skyrockets. Here's how some of them are trying to keep up.
  
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• COVID pandemic sees more people seeking help for opioid dependency linked to illegal Kamini herbal product

  12-05-2022 22:36 via abc.net.au
  
  Australia's coronavirus pandemic reveals a little-known addiction to illegally imported herbal Kamini balls, allegedly sold in some Asian grocery stores, with COVID-19 lockdowns resulting in supply shortages and price increases.
  
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• Keeping up with the Kardashians: Women turning to cosmetic surgery to be 'ethnic but not too ethnic'

  12-05-2022 21:00 via abc.net.au
  
  A growing number of Australians are having fillers, injectables and other cosmetic surgeries. The procedures raise complex questions about culture and appearance, and about beauty trends that promote a look of 'ethnic ambiguity'.
  
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• 'I looked like a white person.' Kina thought social media filters were cute, until they started erasing her Brown skin

  12-05-2022 21:00 via abc.net.au
  
  A growing number of Australians are having fillers, injectables and other cosmetic surgeries. The procedures raise complex questions about culture and appearance, and about beauty trends that promote a look of 'ethnic ambiguity'
  
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• Will the cost of living surge further if 2.3 million workers get a bigger pay rise?

  12-05-2022 20:59 via abc.net.au
  
  Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.
  
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• 'We have a lot of fat that can feed a wage increase': Economists disagree over minimum pay rise

  12-05-2022 20:59 via abc.net.au
  
  Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.
  
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• 'Australia needs real wage increases', but would it send consumer prices soaring?

  12-05-2022 20:59 via abc.net.au
  
  Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.
  
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• Tax office threat to name and shame companies works, as ATO gets back into collecting debt

  12-05-2022 20:57 via abc.net.au
  
  Freedom of information documents reveal tax leniency was shown to small businesses with debts during the pandemic, but now the ATO is changing its tune.
  
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• Potash to win in $1.3bn diversification fund

  12-05-2022 10:36 via businessnews.com.au
  
  A special royalty rebate for potash producers was announced in the budget today, as big hopefuls such as BCI Minerals develop projects.
  
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• At Close of Business: State budget wrap up

  12-05-2022 10:16 via businessnews.com.au
  
  On today's episode of At Close of Business, political editor Gary Adshead and senior journalist Matt Mckenzie review the highlights from today's budget announcement.
  
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• Mitsui invests in Climate Friendly

  12-05-2022 10:08 via businessnews.com.au
  
  Japan's Mitsui & Co has joined Mitsubishi Corporation, Shell and KKR as major corporate investors in carbon farming operators in Australia.
  
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• Mitsui invests in Carbon Friendly

  12-05-2022 10:08 via businessnews.com.au
  
  Japan's Mitsui & Co has joined Mitsubishi Corporation, Shell and KKR as major corporate investors in carbon farming operators in Australia.
  
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• Budget spend could dent development

  12-05-2022 10:01 via businessnews.com.au
  
  Property groups welcome state government investment in housing, but say its infrastructure spend could further stifle private sector development.
  
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• Cash splash for hospitals, schools

  12-05-2022 09:59 via businessnews.com.au
  
  Fiscal discipline may be Mark McGowan's bread and butter, but today's budget announcement was packed with new spending commitments for the state's health, education and tourism sectors.
  
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• Taxpayers to give Synergy $769m

  12-05-2022 09:58 via businessnews.com.au
  
  Five years after the state government declared it wanted to make electricity prices cost reflective, Synergy is set to receive about $1.7 billion of subsidies over the next four years.
  
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• Tech stocks savaged as ASX drops 1.8pct

  12-05-2022 09:42 via businessnews.com.au
  
  Australian technology stocks have suffered their worst single-day losses since early in the pandemic, while the local bourse hit a fresh 14-week low after declining for a fourth day in five sessions.
  
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• Tech stocks savaged as ASX drops 1.8pc

  12-05-2022 09:42 via businessnews.com.au
  
  Australian technology stocks have suffered their worst single-day losses since early in the pandemic, while the local bourse hit a fresh 14-week low after declining for a fourth day in five sessions.
  
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• BHP to boost indigenous spend

  12-05-2022 09:25 via businessnews.com.au
  
  BHP has signed a $9.2 million contract with Aboriginal business Karlka FenceWright and pledged to more than double its annual spending with the sector.
  
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• State awards $108m in support contracts

  12-05-2022 08:39 via businessnews.com.au
  
  The state government has awarded $108 million worth of contracts to provide drug and alcohol support services throughout regional WA.
  
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• City backs rescaled Busselton Jetty plans

  12-05-2022 08:30 via businessnews.com.au
  
  A scaled back version of the initial $32 million Busselton Jetty expansion has been given the go-ahead by council, after a drastic costs spike almost made the project "impossible".
  
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• WA budget reveals $5.7b surplus and some relief for households, but few surprises

  12-05-2022 08:23 via abc.net.au
  
  West Australian Premier Mark McGowan says this year's budget aims to fix the ailing health system while easing cost of living pressures, underpinned by a $400 power credit. 
  
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• Cost of living relief centrepiece of WA budget, but welfare groups say it's not nearly enough

  12-05-2022 08:23 via abc.net.au
  
  Mark McGowan says this year's budget aims to ease cost of living pressures, but welfare groups say it's not enough while unions describe the absence of a pay rise for public sector workers is a "kick in the guts".
  
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• Cost of living relief centrepiece of WA budget, but no wage increase for public sector workers

  12-05-2022 08:23 via abc.net.au
  
  Mark McGowan says this year's budget aims to ease cost of living pressures, but welfare groups say it's not enough while unions describe the absence of a pay rise for public sector workers is a "kick in the guts".
  
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• Cost of living centrepiece of WA budget, but welfare groups say it's not nearly enough

  12-05-2022 08:23 via abc.net.au
  
  Mark McGowan says this year's budget aims to ease cost of living pressures, but welfare groups say it's not enough while unions describe the absence of a pay rise for public sector workers is a "kick in the guts".
  
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• Investors looking to WA property

  12-05-2022 08:19 via businessnews.com.au
  
  Perth voted the preferred national capital to invest in property in the next 12 months.
  
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• Eckhof takes reins at Kairos

  12-05-2022 08:19 via businessnews.com.au
  
  Junior gold and lithium explorer Kairos Minerals has appointed Klaus Eckhof and Peter Turner to lead the company.
  
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• Taxpayers paid nearly $20 million leasing Darwin Port to Chinese company under Morrison's watch, Labor says

  12-05-2022 08:13 via abc.net.au
  
  Documents released by Labor show Scott Morrison signed off on a federal agreement to pay almost $20 million to the NT government as part of an incentive program for privatising the Darwin Port.
  
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• Scott Morrison 'encouraged' Darwin Port lease with nearly $20 million incentive payment, Labor says

  12-05-2022 08:13 via abc.net.au
  
  Documents released by Labor show Scott Morrison signed off on a federal agreement to pay almost $20 million to the NT government as part of an incentive program for privatising the Darwin Port.
  
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• No changes to wages policy

  12-05-2022 08:05 via businessnews.com.au
  
  ANALYSIS: With close to a dozen industrial agreements under negotiation and a forecasted salaries bill of $14.7 billion, the state government is holding firm on its public sector wages policy.
  
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• Budget cash rains down

  12-05-2022 08:02 via businessnews.com.au
  
  A $5.7 billion surplus, lower net debt than forecast and an unemployment rate six per cent below the national level.
  It’s enough, said Premier and Treasurer Mark McGowan, to make the other states and territory treasurers “green with envy”.
  
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• Gallery to support emerging artists launches

  12-05-2022 08:01 via businessnews.com.au
  
  A new gallery focused on matching local early-career artists to people wanting to buy their first pieces of art is opening a temporary exhibition in Northbridge tonight.
  
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• Egg-sized diamond fetches $31.5 million on auction in Geneva

  12-05-2022 07:10 via abc.net.au
  
  An egg-sized white diamond billed as the largest of its kind to go up for auction sells for $31.5 million in Geneva.
  
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• Dampier wharf plan reaches the EPA

  12-05-2022 06:41 via businessnews.com.au
  
  A Dampier Port redevelopment designed to facilitate Perdaman’s $4.3 billion urea project and tipped to diversify trade has been referred to the environmental watchdog.
  
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• Outback pub on the market as trail-blazing owners decide to slow down

  12-05-2022 05:46 via abc.net.au
  
  A multifaceted venue offering fine dining, takeaway pizza, dessert and coffee in Broken Hill is put on the market by David and Maryanne Trinder after 22 years.
  
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• Hospitality veteran selling The Astra reflects on 40 years in Broken Hill after 'proving them wrong'

  12-05-2022 05:46 via abc.net.au
  
  A multifaceted venue offering fine dining, takeaway pizza, dessert and coffee in Broken Hill is put on the market by David and Maryanne Trinder after 22 years.
  
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• Pink Lady apple creator dies

  12-05-2022 05:04 via businessnews.com.au
  
  West Australian creator of the Pink Lady apple John Cripps has passed away at the age of 95 this week.
  
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• These are the roads closed due to flooding across south-east Queensland today

  12-05-2022 04:25 via abc.net.au
  
  Heavy rainfall across Queensland is once again causing havoc on roads with many closed due to flooding. Check our list to find out what's affected near you.
  
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• These are the roads closed due to flooding across south-east Queensland

  12-05-2022 04:25 via abc.net.au
  
  Heavy rainfall across Queensland is once again causing havoc on roads with many closed due to flooding. Check our list to find out what's affected near you.
  
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• WA COVID cases climb by 16,670

  12-05-2022 04:15 via businessnews.com.au
  
  Western Australia has recorded another 16,670 COVID cases overnight, sending the number of active infections in the state beyond 75,000 for the first time since the pandemic began.
  
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• CBA Q3 cash profit steady at $2.4bn

  12-05-2022 02:45 via businessnews.com.au
  
  Commonwealth Bank of Australia third quarter cash profit has remained steady at $2.4 billion as growth in home and business lending was offset by the impact of ongoing margin pressure.
  
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• Sarah was allegedly spied on by a government agency. Now it's under investigation

  12-05-2022 02:12 via abc.net.au
  
  Victoria's Information Commissioner is investigating whether VicForests breached the state's Privacy and Data Protection Act when it allegedly hired a private investigator to spy on activist Sarah Rees about 10 years ago.
  
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• Curtis in his element with new role

  12-05-2022 02:00 via businessnews.com.au
  
  Outgoing Football West chief executive James Curtis is making a shift into the planning space.
  
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• Wombat Forest clean-up makes more mess, activists say

  12-05-2022 01:00 via abc.net.au
  
  The removal of logs felled by last year's ferocious storm through Victoria's central highlands has resumed in the Wombat Forest after protesters were removed from the worksite.
  
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