Analyst news

• Wall Street and bond yields fall as UK and Switzerland raise rates

  16-06-2022 23:52 via abc.net.au
  
  Yesterday's rally on Wall Street has vanished in a sea of red, with investors taking flight as both the UK and Switzerland raise official interest rates.
  
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• ASX, Wall Street and bond yields fall as UK and Switzerland raise rates

  16-06-2022 23:52 via abc.net.au
  
  The ASX slumps after yesterday's rally on Wall Street vanishes in a sea of red, with investors taking flight as both the UK and Switzerland raise official interest rates.
  
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• Biden says recession is not inevitable, rejects COVID aid plan to blame for high inflation

  16-06-2022 23:39 via abc.net.au
  
  US President Joe Biden says American people are "really, really down" after a tumultuous two years that have included the coronavirus pandemic, volatility in the economy and now surging petrol prices.
  
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• Why Kiwis love the Gold Coast and play an important part in the city's tourism recovery

  16-06-2022 23:38 via abc.net.au
  
  The Coast has always been a popular holiday destination, but Kiwis have been travelling across the ditch in droves since borders opened earlier this year. 
  
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• Live: NSW Now: NSW Energy Minister granted emergency powers to direct coal to generators

  16-06-2022 23:08 via abc.net.au
  
  MORNING BRIEFING: The powers, which the NSW Governor granted to Matt Kean on Thursday night, are understand to have been sought  as a "precautionary measure" to ensure the state's electricity supply. 
  
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• Electric vehicles are racing ahead overseas, so why isn't that happening in Australia?

  16-06-2022 22:32 via abc.net.au
  
  Australia's position as a laggard in the global EV race is unlikely to change despite the election of a more clean-transport-friendly Labor government, say industry experts.
  
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• Australia stuck in EV slow lane despite Labor win as other nations speed ahead

  16-06-2022 22:32 via abc.net.au
  
  Australia's position as a laggard in the global EV race is unlikely to change despite the election of a more clean-transport-friendly Labor government, say industry experts.
  
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• Federal Treasury staff given small gifts of textbooks, macaroons and champagne

  16-06-2022 21:58 via abc.net.au
  
  A list of gifts received by federal Treasury staff show you don't go into public service to be lavished with exciting presents and riches. 
  
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• Federal Treasury staff given small gifts of textbooks, macarons and champagne

  16-06-2022 21:58 via abc.net.au
  
  A list of gifts received by federal Treasury staff show you don't go into public service to be lavished with exciting presents and riches. 
  
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• Biscuits and booze – but not much – gifted to Treasury staff

  16-06-2022 21:58 via abc.net.au
  
  A list of gifts received by federal Treasury staff show you don't go into public service to be lavished with exciting presents and riches. 
  
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• Call for supermarkets to cap price of fresh fruit and veg as families struggle

  16-06-2022 21:44 via abc.net.au
  
  Small-scale grocers are calling for an immediate cap on fresh fruit and vegetable prices in supermarkets as costs continue to soar.
  
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• Q+A panellists back Labor's grand plan on rewiring the energy grid but warn 'it won't be easy'

  16-06-2022 16:30 via abc.net.au
  
  Thursday's Q+A panel was unanimous in its support for Labor's elaborate plan on re-wiring the energy grid and hoped the current crisis would create political will for a massive shift in how the country's energy market works.
  
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• Q+A panelists back Labor's grand plan on rewiring the energy grid but warn 'it won't be easy'

  16-06-2022 16:30 via abc.net.au
  
  Thursday's Q+A panel was unanimous in its support for Labor's elaborate plan on re-wiring the energy grid and hoped the current crisis would create political will for a massive shift in how the country's energy market works.
  
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• Report lifts energy demand forecast

  16-06-2022 15:45 via businessnews.com.au
  
  A report by WA’s independent energy market operator has highlighted the need for new investment to avoid a predicted shortfall in the sector's capacity in 2025.
  
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• 'Betrayed' ex-lover avoids jail over $150k extortion attempt on married businessman

  16-06-2022 11:21 via abc.net.au
  
  The "betrayed" ex-lover of a married Perth businessman avoids being sent to jail for threatening to expose their affair if he did not pay her at least $150,000.
  
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• The beef industry's latest report on emissions is promising, but will it be enough to satisfy key markets?

  16-06-2022 11:10 via abc.net.au
  
  Emissions are coming down as farmers increase the amount of ground cover across their paddocks, land clearing has slowed, and abattoirs have built systems that trap waste and divert it from landfill.
  
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• Man recorded struggling with restaurant staff after alleged 'dine and dash' in Adelaide

  16-06-2022 11:02 via abc.net.au
  
  The man allegedly left without paying the bill at a restaurant on one of Adelaide's busiest food strips, but was thwarted when he was restrained by staff members, with the ensuing struggle caught on camera.
  
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• WAPC approves Bullsbrook feed mill

  16-06-2022 10:14 via businessnews.com.au
  
  The Western Australian Planning Commission has approved Newco Mills' second go at building a stock feed grain mill on a 5.75 hectare land in Bullsbrook.
  
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• Honey to pursue $6.6m rail sting

  16-06-2022 10:03 via businessnews.com.au
  
  The opposition wants more answers over a $6.6m payout to Huawei by the state government.
  
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• Yet more red: ASX suffers fifth losing day

  16-06-2022 09:57 via businessnews.com.au
  
  The Australian share market has been unable to sustain its morning gains, closing lower for its fifth straight session.
  
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• Personal insolvency, bankruptcies on the rise even ahead of new financial shocks

  16-06-2022 09:53 via abc.net.au
  
  Anglicare Victoria says more people are applying for personal insolvency or bankruptcy as they struggle to recover from low wages and the effects of the pandemic, even ahead of rising inflation and prices.
  
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• Mt Arthur coal to close in 2030

  16-06-2022 09:52 via businessnews.com.au
  
  New South Wales’s largest coal mine is set to close by the turn of the decade after BHP was unable to strike a viable deal for the asset.
  
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• Manufacturer forced to turn off lights after energy market 'failure'

  16-06-2022 09:32 via abc.net.au
  
  A South Australian manufacturing business reliant on wholesale electricity labels the national electricity market a "failure" after standing down 170 employees due to unaffordable operating costs.
  
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• Modern Glass closes its doors

  16-06-2022 09:31 via businessnews.com.au
  
  The privately-owned glass company that supplies some of the state’s building companies has cited staff shortages, cost increases and stock constraints for its decision to cease trading after 75 years.
  
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• Ord Minnett aims for WA expansion

  16-06-2022 09:28 via businessnews.com.au
  
  National wealth management firm Ord Minnett has used the official opening of its Perth office to signal its intention to expand in Western Australia.
  
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• At Close of Business: Mark Beyer talks Rezos, Grist and Langsford

  16-06-2022 09:18 via businessnews.com.au
  
  Senior editor Mark Beyer goes over the highlights of a recent business lunch with three of the state's best-known entrepreneurs.
  
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• Probe unveils Titan's 'tax troubles'

  16-06-2022 09:15 via businessnews.com.au
  
  A probe into failed firm Titan Interactive has exhumed the list of prominent business figures it approached to acquire capital, including Multiplex heir Andrew Roberts and tech entrepreneur Tony Grist.
  
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• Worker dies in North Coogee

  16-06-2022 08:41 via businessnews.com.au
  
  WorkSafe says it is investigating the death of a worker at a salt refinery in North Coogee this morning.
  
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• 'In walked bloody Kimmy K': Minders make the orders as celeb couple hit Cairns cafe

  16-06-2022 08:32 via abc.net.au
  
  Hollywood A-Lister Kim Kardashian and her beau Pete Davidson have been spotted in far north Queensland after temporarily relocating to Australia.
  
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• Bikie associate jailed over $275,000 gold heist

  16-06-2022 07:59 via abc.net.au
  
  A 30-year-old Boulder man with links to the Gypsy Joker Outlaw Motorcycle Gang has been jailed over his role in an armed hold-up at a Western Australian gold mine.
  
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• Fast train between Perth and South West could run on gas

  16-06-2022 07:27 via abc.net.au
  
  A key step has been reached in the push for a faster passenger rail link between Perth and WA's major tourism and food region as power sources for the train are investigated.
  
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• Forestry Corporation guilty of felling in koala exclusion zones near Coffs Harbour

  16-06-2022 07:16 via abc.net.au
  
  Forestry Corporation NSW has been found illegally tree felling in koala exclusion zones in bushland near Coffs Harbour, with a judge saying it caused "actual harm" to koala habitat.
  
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• Survey shows support for Scarborough trench

  16-06-2022 07:04 via businessnews.com.au
  
  The state government has released the results of a three-month community consultation over a proposed trench on West Coast Highway, with majority of survey participants backing the idea.
  
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• WA unemployment up slightly

  16-06-2022 06:41 via businessnews.com.au
  
  Western Australia’s jobless rate relaxed marginally to 3.1 per cent in May, though national unemployment remains at nearly a 50-year low.
  
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• Republican push out of left field

  16-06-2022 06:37 via businessnews.com.au
  
  Australians are too concerned with cost-of-living pressures to give much thought to replacing the Queen with an Australian head of state.
  
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• Rex pilots start voting on strike action that could cut regional flights by 90 per cent

  16-06-2022 06:04 via abc.net.au
  
  Airline passengers travelling to or from parts of regional Australia could face significant delays if a pay dispute between Rex and the pilots' union isn't settled soon.
  
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• Broken Hill mine not being sold despite valuation, company confirms

  16-06-2022 05:37 via abc.net.au
  
  CBH Resources has assured employees the Silver City's Rasp Mine is not set to change hands.
  
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• Iconic tourist town pushes ahead with plan to regulate Airbnbs

  16-06-2022 05:07 via abc.net.au
  
  Broome Airbnb operators will soon have to register with the council as the shire moves to ease the housing crisis and address complaints.
  
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• ‘A level playing field’: Tighter rules for Airbnb owners as Broome rental crisis worsens

  16-06-2022 05:07 via abc.net.au
  
  Home owners who rent out their properties on peer-to-peer accommodation websites in one of the country's most iconic tourist towns will soon have to register with the council.
  
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• Airbnb rate hikes by Brisbane City Council will not deter hosts, industry and academics say

  16-06-2022 05:02 via abc.net.au
  
  Brisbane City Council is accused of taking a short-sighted approach to the housing crisis and for failing to draw from modelling after announcing a rate hike for properties rented as short-term accomodation.
  
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• Airbnb rate hikes by Brisbane City Council will not deter Airbnb hosts, industry and academics say

  16-06-2022 05:02 via abc.net.au
  
  Brisbane City Council is accused of taking a short-sighted approach to the housing crisis and for failing to draw from modelling after announcing a rate hike for properties rented as short-term accomodation.
  
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• Consumers likely to share the pain of minimum wage rise, Queensland businesses say

  16-06-2022 04:23 via abc.net.au
  
  Hospitality business operators and business lobby groups fear an increase to the minimum wage could add pressure to the Far North's recovering tourism sector.
  
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• $185m plan for Matilda Bay Brewery site

  16-06-2022 04:19 via businessnews.com.au
  
  The former Matilda Bay Brewery site on Stirling Highway has been earmarked for a $185 million 16-storey apartment development and more than 10,000 square metres of community space.
  
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• More Indigenous nurses as part of NSW government's $883m for rural and regional healthcare

  16-06-2022 04:10 via abc.net.au
  
  The funding is allocated over the next four years and includes packages of up to $10,000 and more training positions for nursing graduates and interns.
  
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• More Indigenous nurses as part of NSW government's $883 million for rural and regional healthcare

  16-06-2022 04:10 via abc.net.au
  
  The funding is allocated over the next four years and includes packages of up to $10,000 and more training positions for nursing graduates and interns.
  
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• More incentives for regional move as part of NSW government's $883m for rural and regional healthcare

  16-06-2022 04:10 via abc.net.au
  
  The funding is allocated over the next four years and includes packages of up to $10,000 for relocation, and more training positions for nursing graduates and interns.
  
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• Unemployment remains at 3.9 per cent, as labour market keeps strengthening

  16-06-2022 04:05 via abc.net.au
  
  Australia's jobs market has continued to strengthen, with unemployment remaining at 3.9 per cent last month and underemployment falling to a 14-year low.
  
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• Qantas to suspend flights from Alice Springs to Perth from July

  16-06-2022 03:52 via abc.net.au
  
  Tourism Central Australia says the move is "not good news."
  
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• Entrepreneurial trio keen for more

  16-06-2022 03:46 via businessnews.com.au
  
  A trio of prolific dealmakers share the lessons they’ve learned over three decades and explain what they look for in new investments.
  
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• NSW's largest coal mine to close, leaving 2,000 jobs in the balance

  16-06-2022 03:21 via abc.net.au
  
  Mining giant BHP fails to find a buyer for its Mt Arthur operation in the NSW Hunter Valley, and announces it will close the site in 2030.
  
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