Analyst news

• House prices have fallen but these suburbs are bucking the trend

  01-06-2022 23:52 via abc.net.au
  
  While Australian home owners may be feeling a tad nervous after hearing house prices have fallen for the first time in 20 months, buyers will be sitting up and taking notes.
  
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• Sheryl Sandberg to step down as Meta chief operating officer

  01-06-2022 23:43 via abc.net.au
  
  Sheryl Sandberg, the longtime Number 2 to founder Mark Zuckerberg at Facebook owner Meta, is stepping down from the technology giant after 14 years as its chief operating officer.
  
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• Tech, financials drag Australian shares lower; global equities fall despite positive US economic data

  01-06-2022 23:33 via abc.net.au
  
  Australian shares, in tandem with global markets, edge lower, dragged down by losses in technology and banking stocks as investors remain wary of potential rate hikes in the US.
  
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• Tech, financials drag ASX lower; global equities fall despite positive US economic data

  01-06-2022 23:33 via abc.net.au
  
  Australian shares, in tandem with global markets, edge lower, dragged down by losses in technology and banking stocks as investors remain wary of potential rate hikes in the US.
  
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• ASX to drop, global equities fall, despite positive US economic data

  01-06-2022 23:33 via abc.net.au
  
  Australian shares are expected to start the day lower tracking overnight losses on Wall Street.
  
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• ASX slides, global equities fall, despite positive US economic data

  01-06-2022 23:33 via abc.net.au
  
  Australian shares have started the day lower tracking overnight losses on Wall Street.
  
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• Occupancy rates climb as CBD recovers

  01-06-2022 23:00 via businessnews.com.au
  
  Property Council data shows a 13 per cent uptick in CBD office occupancy since April.
  
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• CBD occupancy rates climb

  01-06-2022 23:00 via businessnews.com.au
  
  Property Council data shows a 13 per cent uptick in CBD office occupancy in May.
  
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• 'Historical error' sees ACT government underpay superannuation of more than 600 staff members over 13 years

  01-06-2022 22:52 via abc.net.au
  
  The Cultural Facilities Corporation says the underpayment of 633 staff members' superannuation was an error that occurred in the set-up of their payroll software. 
  
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• 'Hybrid way of working': Employees return to Brisbane CBD, as companies look to entice staff with 'high quality' workspaces

  01-06-2022 21:37 via abc.net.au
  
  Workers are returning to Brisbane's CBD, with office occupancy rates hitting 64 per cent of COVID-19 pre-pandemic levels — one of the highest rates in the country, according to new data.  But being able to work from home as well remains the preference for many employees.
  
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• Sydney's $70m 'world class' speedway track deemed 'unsafe' after downpours

  01-06-2022 21:24 via abc.net.au
  
  It's been billed as a "world class" facility, but meetings at Sydney's new speedway have already been cancelled because the track was deemed "unsafe" to race on.
  
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• Pacific 'clampdown' on press freedom a 'troubling' trend for region, Peter Greste says

  01-06-2022 21:16 via abc.net.au
  
  Chinese Foreign Minister Wang Yi's whirlwind visit to the Pacific has seen press conferences and media access heavily restricted, highlighting the growing threat to journalism in the region. 
  
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• Journalists weren't allowed to ask questions of China's diplomat. It's part of a 'troubling' trend for the Pacific

  01-06-2022 21:16 via abc.net.au
  
  Chinese Foreign Minister Wang Yi's whirlwind visit to the Pacific has seen press conferences and media access heavily restricted, highlighting the growing threat to journalism in the region. 
  
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• When he was a councillor, Jieh-Yung was mistaken for a waiter. Now he's working to improve the diversity of Australia's leaders

  01-06-2022 21:00 via abc.net.au
  
  About a quarter of the population has a non-European or an Indigenous background. But people from those only account for five per cent of senior leadership positions.
  
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• Early in her career, Daisy felt like she had to downplay her talents. Now she's encouraging people of colour to be themselves

  01-06-2022 21:00 via abc.net.au
  
  About a quarter of the population has a non-European or an Indigenous background. But people from those backgrounds only account for 5 per cent of senior leadership positions.
  
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• Will the change of government in Australia end the trade war with China?

  01-06-2022 20:00 via abc.net.au
  
  The trade war between Beijing and Canberra is hurting both sides greatly, but will the change of Australian government bring it to an end?
  
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• The trade war killed Song's Australian wine import business, but Labor's win gives him hope

  01-06-2022 20:00 via abc.net.au
  
  The trade war between Beijing and Canberra is hurting both sides greatly, but will the change of Australian government bring it to an end?
  
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• K-pop superstars BTS discuss hate crimes targeting Asians with Joe Biden

  01-06-2022 12:11 via abc.net.au
  
  The meeting comes against the backdrop of a sharp upswing in hate crimes against the Asian American and Native Hawaiian/Pacific Islander communities in the past year.
  
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• Regional town's largest employer announces plans to grow if it can overcome housing shortage

  01-06-2022 11:29 via abc.net.au
  
  An upgrade of Frew Foods International's Stawell lamb processing plant is set to create 250 new jobs and nearly double the site's production capacity.
  
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• At Close of Business: Mark Beyer talks Indigenous business

  01-06-2022 10:38 via businessnews.com.au
  
  Senior editor Mark Beyer digs into the latest data underpinning Business News' list of Indigenous businesses.
  
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• Henderson to lead Pilbara Minerals

  01-06-2022 10:37 via businessnews.com.au
  
  Major lithium producer Pilbara Minerals has selected its 40-year old chief operating officer Dale Henderson to be the next leader of the company.
  
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• Australian company working 24/7 to help fill US baby formula gap

  01-06-2022 10:37 via abc.net.au
  
  New fast-tracked US regulations are allowing an Australian manufacturer to help meet the demand for baby formula, amid a supply crisis.
  
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• Ruah relocation plan refused

  01-06-2022 10:34 via businessnews.com.au
  
  Ruah Community Services lost a bid to relocate its Northbridge community centre, which was flagged after its own $15 million proposal was approved at the existing site.
  
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• ASX up 0.3pct but lithium miners hammered

  01-06-2022 10:33 via businessnews.com.au
  
  The Australian share market has ended modestly higher despite huge drops for lithium miners and electricity supplier Origin Energy.
  
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• Addis to lead Lotterywest for 18 months

  01-06-2022 10:32 via businessnews.com.au
  
  Ralph Addis has been appointed chief executive officer of Lotterywest and Healthway for an 18-month period, after assuming the position earlier this year in an interim capacity.
  
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• ‘Game-changing’ Belmont Park progressing

  01-06-2022 10:28 via businessnews.com.au
  
  Victoria Park mayor Karen Vernon spoke about the $4 billion project at a Property Council breakfast.
  
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• ‘Game-changing’ Belmont Park progresses

  01-06-2022 10:28 via businessnews.com.au
  
  Victoria Park mayor Karen Vernon has acknowledged community frustration around the $4 billion project.
  
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• MinRes, Ellison face lawsuit by former worker

  01-06-2022 10:11 via businessnews.com.au
  
  Mineral Resources has rubbished a lawsuit against the miner, boss Chris Ellison and its high-profile lawyers by a former employee who was sacked earlier this year.
  
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• Lithium stocks take a dive

  01-06-2022 10:11 via businessnews.com.au
  
  A correction in the lithium market turned into a rout today, with Pilbara Minerals and Liontown Resources leading the fall after two bearish research reports.
  
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• South Australian government axes Home Battery Scheme, saving money in state budget

  01-06-2022 09:45 via abc.net.au
  
  A key renewable energy policy of the former South Australian government that was designed to help more people access home energy storage systems will be axed in Thursday's state budget.  
  
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• Synergy’s secret South Freo sale slammed

  01-06-2022 09:17 via businessnews.com.au
  
  A hopeful developer who threw their hat in the ring to buy the South Fremantle Power Station site has said they believe the sale process was “a complete stitch up”.
  
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• 'Groundbreaking' court ruling makes it harder for dodgy employers to hide money from underpaid workers

  01-06-2022 09:14 via abc.net.au
  
  Workers across Australia will now have a better chance of recovering unpaid wages from dishonest employers and experts expect a rise in legal action by those who have been underpaid.
  
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• Employers left with fewer places to hide their money from underpaid workers after landmark ruling

  01-06-2022 09:14 via abc.net.au
  
  Workers across Australia will now have a better chance of recovering unpaid wages from employers and experts expect a rise in legal action by those who have been underpaid.
  
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• Dishonest bosses left with fewer places to hide their money from underpaid workers after landmark ruling

  01-06-2022 09:14 via abc.net.au
  
  Workers across Australia will now have a better chance of recovering unpaid wages from employers and experts expect a rise in legal action by those who have been underpaid.
  
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• WACA pool $25m offer extended

  01-06-2022 09:12 via businessnews.com.au
  
  The City of Perth has extended the deadline over a $25 million contribution towards the WACA pool but costs could pile up due to legal issues with its funding agreement.
  
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• Decmil bounces back with $137m in work

  01-06-2022 09:12 via businessnews.com.au
  
  Decmil has further reduced its expected revenue but is set to bounce back in the new financial year, ending a difficult few months by announcing $137 million in new contracts.
  
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• Insurance bill from NSW and Queensland floods tops $4 billion

  01-06-2022 09:09 via abc.net.au
  
  The combined floods are now considered the "fourth most expensive disaster" in Australia's history, with the cost expected to rise.
  
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• Geraldton rates to rise as council notes increased costs and flights plan

  01-06-2022 08:53 via abc.net.au
  
  Geraldton council flags a 3.6 per cent rates rise as it throws support behind expanding the Inter Regional Flight Network and bringing back curbside rubbish collections.
  
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• $42m expansion plan for Casuarina prison

  01-06-2022 08:31 via businessnews.com.au
  
  The state government is planning to expand Casuarina prison with a new health precinct with accommodation for specialised care.
  
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• Meg O’Neill warns on energy crisis

  01-06-2022 07:53 via businessnews.com.au
  
  Fresh from completing Woodside Energy’s merger with BHP’s petroleum business, Meg O’Neill says the world is facing its biggest energy crisis in 50 years.
  
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• Man, 39, dies in workplace accident at housing construction site in Adelaide

  01-06-2022 07:37 via abc.net.au
  
  Police and SafeWork SA investigate after a man is found dead in an electrical pit in Adelaide's north-east.
  
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• Approval for $9.5m Nedlands apartments

  01-06-2022 07:29 via businessnews.com.au
  
  A $9.5 million seven-storey apartment building in Nedlands has been approved to be built near a major health precinct.
  
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• 'Meteor shower' actually a Chinese rocket falling out of orbit

  01-06-2022 05:59 via abc.net.au
  
  A "meteor shower" which lit up the skies over northern Western Australia earlier this week was the wreckage of a rocket falling back to Earth.
  
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• Perth home prices rise 0.6 per cent

  01-06-2022 05:49 via businessnews.com.au
  
  Perth house prices have increased last month despite CoreLogic data recording the first national decline in 20 months.
  
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• Perth home prices grow despite national decline

  01-06-2022 05:49 via businessnews.com.au
  
  Perth house prices have increased last month while numbers fall across the country for the first time in 20 months.
  
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• Major NSW road projects on hold as government prioritises Parramatta Light Rail

  01-06-2022 05:46 via abc.net.au
  
  The NSW government says it has to make some tough spending decisions and put 'mega projects' like the Beaches Link and the Blue Mountains tunnel on hold due to the rising costs of infrastructure investment.
  
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• Mandatory vax rules scrapped or eased

  01-06-2022 05:32 via businessnews.com.au
  
  Premier lifts a range of mandatory vaccination rules as the state's third jab rate passes 81 per cent.
  
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• What happens to my half-built home if the builder collapses?

  01-06-2022 05:30 via abc.net.au
  
  Master Builders reassures would-be homeowners there are safeguards to protect them and finish off their homes as the construction industry heads into more uncertain times.
  
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• GP bulk-billing services at major regional centres under a cloud amid Tristar group collapse

  01-06-2022 05:23 via abc.net.au
  
  A number of medical clinics across regional Australia face potential closure as communities grapple with surging influenza cases,  doctor shortages and COVID-19 transmission.
  
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• Big miners boost indigenous employment

  01-06-2022 05:21 via businessnews.com.au
  
  An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.
  
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