Analyst news

• Jumbo-sized power price rises 'just the start' as smaller firms tipped to fail

  27-05-2022 23:48 via abc.net.au
  
  There are warnings that this week's inflation-busting rises in the benchmark electricity price are merely the tip of an iceberg that will hit millions more customers much harder.
  
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• 'It's not sustainable to live in fear': Residents of flooded Brisbane suburbs sell up

  27-05-2022 23:26 via abc.net.au
  
  Desperate home owners are selling their properties months after they were damaged in south-east Queensland's flood disaster — but the risk of inundation is not always made clear to house hunters.
  
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• Homes flooded in February hit the market, but it's buyer beware

  27-05-2022 23:26 via abc.net.au
  
  Desperate home owners are selling their properties months after they were damaged in south-east Queensland's flood disaster — but the risk of inundation is not always made clear to house hunters.
  
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• Iran seizes two Greek tankers amid row over US oil grab

  27-05-2022 22:49 via abc.net.au
  
  The loaded oil tankers are the latest ships to be caught in an ongoing diplomatic spat as Iran's semi-official Tasnim news agency warns "there are still 17 other Greek ships in the Persian Gulf that could be seized".
  
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• Yann is one of many planning to leave China, fearing a never-ending COVID-zero policy

  27-05-2022 21:34 via abc.net.au
  
  A growing number of young people in China are looking to escape their country's COVID-zero policy, and it might have implications for Australian businesses.
  
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• Why the 'run philosophy' is gaining momentum in COVID-zero China

  27-05-2022 21:34 via abc.net.au
  
  A growing number of young people in China are looking to escape their country's COVID-zero policy, and it might have implications for Australian businesses.
  
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• Perth-based mining contractor at centre of international investigation after eight killed in disastrous flooding

  27-05-2022 20:37 via abc.net.au
  
  A Perth-based mining contractor under scrutiny for two employee fatalities in Australia is now at the centre of an international investigation after eight workers die in a West African mine disaster. 
  
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• Australian contractor caught in international probe after zinc mine disaster kills eight in West Africa

  27-05-2022 20:37 via abc.net.au
  
  A Perth-based mining contractor under scrutiny for two employee fatalities in Australia is now at the centre of an international investigation after eight workers die in a West African mine disaster. 
  
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• Australian contractor caught in international probe after disaster kills eight in West African zinc mine

  27-05-2022 20:37 via abc.net.au
  
  A Perth-based mining contractor under scrutiny for two employee fatalities in Australia is now at the centre of an international investigation after eight workers die in a West African mine disaster. 
  
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• Macron agrees to 'rebuild' France-Australia ties during phone call with Albanese

  27-05-2022 12:03 via abc.net.au
  
  French President Emmanuel Macron and new Australian Prime Minister Anthony Albanese have spoken on the phone, vowing to "rebuild a relationship … [of] trust" after ties were strained over a scrapped submarine deal.
  
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• Holgate reflects on federal election

  27-05-2022 10:38 via businessnews.com.au
  
  Toll chief executive Christine Holgate says the fact that Scott Morrison is no longer Prime Minister “enables her to sleep at night”.
  
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• Paramedics across NSW to take snap industrial action tonight after last-minute union decision

  27-05-2022 10:24 via abc.net.au
  
  NSW ambulance union calls on paramedics to keep patients' billing details off the books in a move to pressure pay rises from the state government.
  
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• Paramedics across NSW take snap industrial action after last-minute union decision

  27-05-2022 10:24 via abc.net.au
  
  NSW ambulance union calls on paramedics to keep patients' billing details off the books in a move to pressure pay rises from the state government.
  
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• Fishing ban reintroduced to protect iconic species

  27-05-2022 10:05 via abc.net.au
  
  In 2013, before a previous ban was put in place, the annual giant Australian cuttlefish migration to Whyalla numbered only 13,000.
  
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• ASX rises 1.1pct for second week of gains

  27-05-2022 09:52 via businessnews.com.au
  
  The Australian share market has closed 1.1 per cent higher for its best session since last Friday.
  
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• At Close of Business: Gary Adshead and rebuilding WA's Liberal Party

  27-05-2022 09:36 via businessnews.com.au
  
  Political editor Gary Adshead delves into what caused yet another demoralising loss for the state Liberals.
  
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• Euroz flags profit fall

  27-05-2022 09:35 via businessnews.com.au
  
  Euroz Hartleys Group has signalled a likely fall in annual profit with the main driver being a sharp decline in new capital raisings.
  
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• Build cost hikes hit WA hardest

  27-05-2022 09:26 via businessnews.com.au
  
  HIA says WA has experienced a 30 per cent rise in construction prices in the past 18 months, but the longer-term outlook is positive.
  
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• Perdaman inks fresh deal amid cost hike

  27-05-2022 09:23 via businessnews.com.au
  
  Perdaman has inked a fresh deal for the construction of its $4.5 billion Urea plant after challenging market conditions and logistical issues sent costs climbing by $300 million.
  
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• City backs Coogee's $60m storage proposal

  27-05-2022 09:09 via businessnews.com.au
  
  Coogee Chemicals is proposing to expand its facility with a $60 million fuel storage development next to its Kwinana Beach site.
  
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• Regional co-operatives secure $2m in loans

  27-05-2022 09:06 via businessnews.com.au
  
  The Sweeter Banana Co-operative and Geraldton Fishermen’s Co-operative will expand their operations after obtaining $2.55 million in loans from the state government.
  
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• Walker Wayland joins national firm

  27-05-2022 08:31 via businessnews.com.au
  
  Melbourne-based SW Accountants & Advisors has made a big move into Western Australia by acquiring Walker Wayland WA.
  Walker Wayland’s local directors - John Dorazio, Richard Gregson and Iggy Moro - and their 21 staff will join SW from 1 July.
  
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• Grant takes film festival to Broome

  27-05-2022 08:12 via businessnews.com.au
  
  CinefestOZ has added a third event to its calendar, after the film festival and Goolarri Media were named joint recipients of a $100,000 grant from new giving circle ARTS Impact WA.
  
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• Wine producers pin hopes on Labor that lucrative Chinese markets can be repaired

  27-05-2022 07:32 via abc.net.au
  
  Vignerons from one of Australia's iconic red wine regions are optimistic that the change in government will lead to improved relations and the removal of crushing tariffs on exports.
  
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• Iron ore grip on Australia’s rich list

  27-05-2022 06:29 via businessnews.com.au
  
  Resources billionaire Gina Rinehart has been named Australia’s wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.
  
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• Building director says factors including floods and price hikes left him with no choice but to place firm into liquidation

  27-05-2022 06:25 via abc.net.au
  
  The director of Pivotal has called out price gouging and says other "big builders" will collapse unless the industry-wide problems crippling constructions firms are addressed.
  
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• Alcove hit with $45k over worker fall

  27-05-2022 06:17 via businessnews.com.au
  
  The state’s workplace safety watchdog has issued a stark warning to the construction industry after another builder was hit with a hefty fine over an employee fall at a work site.
  
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• Alcove hit with $45k fine over worker fall

  27-05-2022 06:17 via businessnews.com.au
  
  The state’s workplace safety watchdog has issued a stark warning to the construction industry after another builder was hit with a hefty fine over an employee fall at a work site.
  
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• WA e-waste recycler acquired by Victorian group

  27-05-2022 06:07 via businessnews.com.au
  
  Total Green Recycling is joining the ranks of new recycler Scipher Technologies, in a deal backed by the Clean Energy Finance Corporation and the Australian Business Growth Fund.
  
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• Heredia calls for costs compromise

  27-05-2022 06:00 via businessnews.com.au
  
  HBF’s point man on health sat down with Business News last month to talk about national expansion, the pandemic, and the pressures coming to bear on Australia’s health insurance market.
  
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• Moreton Bay council warns of 'bigger' rates rise as south-east Queensland councils prepare budgets

  27-05-2022 05:54 via abc.net.au
  
  Local councils struggling with the impacts of rising inflation and construction costs are already warning residents to brace for rate rises next month.
  
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• International aquaculture company to put Kimberley barramundi on international menus

  27-05-2022 05:16 via abc.net.au
  
  Western Australian barramundi could soon be a more common feature on international menus after a Singaporean fish producer announced major expansion plans for its Kimberley fish farm.
  
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• Election reignites quota talks

  27-05-2022 04:58 via businessnews.com.au
  
  Opposition leader Mia Davies said there had been a clear statement from the Australian public following the federal election where a record number of women were elected to parliament.
  
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• WA Premier Mark McGowan defends reliability of Western Power network but admits Goldfields blackouts are 'unacceptable'

  27-05-2022 04:53 via abc.net.au
  
  Premier Mark McGowan has defended the reliability of Western Power's massive network which has received heavy criticism following widespread blackouts in the WA Goldfields this week.
  
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• Daily COVID cases continue to drop

  27-05-2022 04:30 via businessnews.com.au
  
  Daily COVID cases in Western Australia have dipped for the second consecutive day, with under 10,000 new infections reported and 11 historical deaths.
  
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• Coroner finds SA's snap border closure was not a factor in a fiery fatal truck crash

  27-05-2022 04:16 via abc.net.au
  
  Unexplained driver error is the most likely cause of the crash in which truck driver died, the coroner concludes, as he is unable to find the reason the driver failed to react to the queued traffic.
  
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• Andrew Forrest scoops up prime WA land for major residential development

  27-05-2022 03:20 via abc.net.au
  
  Billionaire businessman Andrew Forrest inks deal to develop a major residential site south of Perth.
  
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• Retail sales holding up despite hurdles

  27-05-2022 03:07 via businessnews.com.au
  
  Economists expect retail spending managed to grow in April despite a series of hurdles, but new data won't capture the impact of a rise in interest rates.
  
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• Miners take advantage of new gold boom by breaking into early 1900s mine

  27-05-2022 02:09 via abc.net.au
  
  Coolgardie is enjoying a renaissance and returning to old workings last mined before World War I amid a new WA gold boom, nearly 130 years after it was discovered at the historic location.
  
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• Work starts on $460 million gas pipeline in outback Western Australia

  27-05-2022 01:24 via abc.net.au
  
  Construction has started on a 580-kilometre, $460 million pipeline in Western Australia that will take natural gas from the Perth basin out to resources projects in the state's Goldfields.
  
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• Hard border legacy haunts WA's bid to fill 102 front line jobs

  27-05-2022 01:09 via abc.net.au
  
  WA is desperate to fill more than 100 front line jobs in a struggle that the state's child protection mininister says has been compounded by a former hard border policy.
  
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• Child protection jobs go begging as WA hard border 'legacy' hampers recruitment

  27-05-2022 01:09 via abc.net.au
  
  There are more than 100 front line case worker jobs up for grabs in WA but the government is struggling to fill them due to hard border legacy.
  
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• Compressed-air energy project gets tick as Broken Hill's best back-up power option

  27-05-2022 00:59 via abc.net.au
  
  A review by electricity network manager Transgrid identifies the proposal as the top choice among alternatives such as refurbishing the city's existing 50-megawatt diesel turbines.
  
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• End of the line for Alvey Reels as owners urge focus on local manufacturing

  27-05-2022 00:48 via abc.net.au
  
  The iconic Australian reel manufacturer will close after 102 years due to supply chain issues and "drastic cost increases".
  
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• Alvey Reels to close as cost pressures force 'really difficult decision'

  27-05-2022 00:48 via abc.net.au
  
  The owner of an Australian reel manufacturer says he will close his 102-year-old company rather than have his products made offshore after supply chain issues and "drastic cost increases" forced his hand.
  
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• Property trio's Nedlands apartments plan

  27-05-2022 00:00 via businessnews.com.au
  
  A leading property trio has set eyes to build an 18-storey apartment building valued at $22.8 million on a Nedlands site.
  
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