Analyst news

• Qantas to slash 15pc of domestic flights, ASX recovers amid 'tremendous' uncertainty

  23-06-2022 23:20 via abc.net.au
  
  Qantas will cut up to 15pc of its domestic flights as fuel prices surge, while the Australian share market rebounds despite a slump in commodity prices over worries about a possible global economic slowdown.
  
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• Qantas to cut 15pc of domestic flights, ASX recovers amid 'tremendous' uncertainty

  23-06-2022 23:20 via abc.net.au
  
  Qantas will slash up to 15pc of its domestic flights as fuel prices surge, while the Australian share market recovers from its early losses as commodity prices slump over worries about a possible global economic slowdown.
  
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• ASX slips amid 'tremendous amount of uncertainty', Wall Street rebounds

  23-06-2022 23:20 via abc.net.au
  
  Despite a rebound on Wall Street, the Australian share market has fallen slightly as copper prices drop to a 16-month low and commodity prices slump over worries about a possible global economic slowdown.
  
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• ASX recovers amid 'tremendous' uncertainty, Qantas to axe flights over high fuel prices

  23-06-2022 23:20 via abc.net.au
  
  Despite a rebound on Wall Street, the Australian share market has fallen slightly as copper prices drop to a 16-month low and commodity prices slump over worries about a possible global economic slowdown.
  
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• ASX likely to slip, Wall Street rebounds despite 'tremendous amount of uncertainty'

  23-06-2022 23:20 via abc.net.au
  
  Despite a rebound on Wall Street, the Australian share market is expected to fall slightly as copper prices drop to a 16-month low and commodity prices slump over worries about a possible global economic slowdown.
  
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• Puzzle stacker gives luxury car owners a place to put their 'toys' on the Sunshine Coast

  23-06-2022 22:39 via abc.net.au
  
  In what is believed to be the first of its kind in Australia, a five-storey luxury car stacker is being built on the Sunshine Coast that will house 31 vehicles in an ever-changing arrangement.
  moving system Car lover's dream to become a reality, as the country's first multi-storey vehicle "puzzle stacker" is built in Caloundra South
  
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• With night curfews, higher council rates and restrictions on pets, governments are targeting Airbnb, Stayz

  23-06-2022 22:22 via abc.net.au
  
  As more Australians find it hard to secure housing and the cost of goods and services skyrockets, governments are aiming their considerable legislative weaponry at short-stay accommodation.
  
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• How Australia is dealing with airbnb, Stayz in the midst of a housing crisis

  23-06-2022 22:22 via abc.net.au
  
  As more Australians find it harder to secure housing and the cost of goods and services skyrockets, governments have aimed their considerable legislative weaponry at short stay accommodation.
  
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• Queensland truckies call for 'immediate' upgrades to deadly Flinders Highway

  23-06-2022 21:58 via abc.net.au
  
  Notorious for truck rollovers and head-on collisions, the 780km-long Flinders Highway is the main road connecting rural Queensland and the NT with the coast. 
  
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• 'They were just on fire': Mi-Sex, Midnight Oil and INXS's Sydney concert was a defining moment in Australian music

  23-06-2022 21:00 via abc.net.au
  
  Organisers expected about 10,000 people but more than 25,000 turned up for the free concert. And then the rain came down.
  
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• 'It was the making of the band': The legendary Sydney gig that defined Midnight Oil, INXS and others

  23-06-2022 21:00 via abc.net.au
  
  Organisers expected about 10,000 people but more than 25,000 turned up for the free concert. And then the rain came down.
  
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• Prime Minister to visit Paris to 'reset' Australia's relationship with France

  23-06-2022 11:32 via abc.net.au
  
  Prime Minister Anthony Albanese has confirmed he will visit French President Emmanuel Macron in Paris next week to formally "reset" diplomatic relations between Australia and France.
  
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• Samsung fined $14 million over misleading underwater ad campaigns

  23-06-2022 10:39 via abc.net.au
  
  The Federal Court rules against Samsung Australia over a series of ads showing Galaxy phones being submerged in pool or sea water, with the manufacturer admitting that charging ports could become corroded. 
  
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• Lithium hopeful slow to start

  23-06-2022 10:29 via businessnews.com.au
  
  Firefinch spin-off Leo Lithium has made a lacklustre debut on the ASX, closing its first day of trade around 25 per cent lower than its issue price.
  
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• Millennials say Australian dream 'actually a reality' as migration from capitals hits five-year high

  23-06-2022 10:13 via abc.net.au
  
  Young families are heading for regional areas in droves and many say they couldn't be happier with their lives away from the big smoke.
  
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• Electrician convicted of diverting power for cannabis crop has registration cancellation overturned

  23-06-2022 10:05 via abc.net.au
  
  An electrician who illegally diverted electricity from the grid to grow cannabis at his southern Adelaide home will keep his operating licence after a tribunal overturns a decision to cancel it.
  
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• At Close of Business: Jordan Murray on Washington's man in Perth

  23-06-2022 10:05 via businessnews.com.au
  
  Journalist Jordan Murray reflects on his recent conversation with US consul general David Gainer and what's next for Washington's top diplomat in WA.
  
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• Industry, govt promise change amid scathing mine report

  23-06-2022 10:04 via businessnews.com.au
  
  Miners, industry bodies and the state government have vowed to do what they can to stamp out sexual harassment amid a scathing report detailing the breadth and severity of the issue.
  
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• ASX gains 0.3 per cent commodity woes

  23-06-2022 09:59 via businessnews.com.au
  
  The Australian share market has closed modestly higher despite losses by iron ore miners and oil producers on recession fears.
  
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• CCC calls bull on cattle charade

  23-06-2022 09:52 via businessnews.com.au
  
  A corruption inquiry has made serious misconduct findings about a Murdoch University farm manager's activities.
  
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• Mining company to spend $2 million to rehabilitate land after investigations into alleged 'unauthorised disturbances'

  23-06-2022 09:36 via abc.net.au
  
  New Hope Group agrees to rehabilitate more than 100 hectares of land at its New Acland coal mine as an alternative to enforcement action, as the Queensland government says an inquiry into alleged illegal mining activity is now closed.
  
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• Mining company to spend $2 million on land rehabilitation after investigations into alleged 'unauthorised disturbances'

  23-06-2022 09:36 via abc.net.au
  
  New Hope Group agrees to rehabilitate more than 100 hectares of land at its New Acland coal mine as an alternative to enforcement action, as the Queensland government says an inquiry into alleged illegal mining activity is now closed.
  
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• MMA acquires Subcon for $8.4m

  23-06-2022 09:30 via businessnews.com.au
  
  Marine service provider MMA Offshore has announced it will buy subsea solutions company Subcon International for $8.4 million.
  
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• Lawsuit over $17m royalty dispute

  23-06-2022 08:57 via businessnews.com.au
  
  One of the world’s largest manganese producers is taking its ongoing royalties dispute with Minister Bill Johnston to court after allegedly being hit with a $17 million bill.
  
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• Clough cements QV1 headquarters

  23-06-2022 08:53 via businessnews.com.au
  
  The engineering and construction firm is occupying three levels in the tower.
  
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• Here's what would happen if Ukraine joined the European Union

  23-06-2022 08:50 via abc.net.au
  
  Ukraine is set to become an official candidate for European Union membership. Here's what that means.
  
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• Voyager continues elite journey

  23-06-2022 08:18 via businessnews.com.au
  
  THE transformation of Margaret River’s Voyager Estate to the elite among the region’s great estates has continued with the release of three chardonnays, with more to come.
  
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• ARTS REVIEW: Life is a cabaret festival

  23-06-2022 08:01 via businessnews.com.au
  
  From an exquisite performance by Lior to mashed up anthems of gender equality, the opening weekend of the Perth International Cabaret Festival provides plenty of reasons to come hear the music play, writes David Zampatti.
  
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• Ramelius narrows gold expectations

  23-06-2022 07:56 via businessnews.com.au
  
  Ramelius Resources has prepared investors for lower gold output for the financial year, pushing its share price down nearly 9 per cent.
  
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• Vic Park building sells for $3 million

  23-06-2022 07:53 via businessnews.com.au
  
  Arthur Litis sold the heritage-listed building for $3.06 million after more than three decades of ownership.
  
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• WA bridge on hold amid heritage concerns

  23-06-2022 06:13 via businessnews.com.au
  
  The reassessment of a proposed new bridge over the Helena River near Midland will represent a rare win for local traditional owners regarding heritage concerns.
  
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• Union chief says Reserve Bank in 'boomer fantasy land' over wage-price spiral fears

  23-06-2022 06:10 via abc.net.au
  
  ACTU Secretary Sally McManus warns that the Reserve Bank is out of touch and living in "boomer fantasy land" if it thinks workers can afford real cuts to their wages.
  
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• Africa awaits Washington’s man in WA

  23-06-2022 06:00 via businessnews.com.au
  
  David Gainer reflects on the sturdy relationship between Australia and the US as he prepares for his next posting.
  
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• Mine report calls for urgent action, slams regulator

  23-06-2022 05:58 via businessnews.com.au
  
  An inquiry into sexual misconduct in the FIFO mining industry has called for urgent action, slamming the regulator and demanding better training, victim centric reporting and a register for offenders.
  
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• More time for proposed Albany Port expansion

  23-06-2022 05:52 via businessnews.com.au
  
  The Environmental Protection Authority has approved an additional five years extension for the Albany Port Expansion Project to start.
  
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• Xi Jinping warns of 'alarm for humanity' in Ukraine during virtual summit with Putin, world leaders

  23-06-2022 05:51 via abc.net.au
  
  Chinese leader Xi Jinping says the conflict in Ukraine has "sounded an alarm for humanity", and at the same time condemned US-led sanctions against Russia, accusing the West of provoking Moscow.
  
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• Stamp duty cuts would 'put workers where the money is'

  23-06-2022 05:42 via abc.net.au
  
  A real estate industry leader says getting rid of stamp duty would motivate workers to move to where jobs are waiting.
  
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• Lithium auction delivers higher price

  23-06-2022 05:38 via businessnews.com.au
  
  Pilbara Minerals says its latest sale of spodumene concentrate defies recent suggestions the market for battery metals has peaked but it did nothing to reverse a sharp slide in lithium stocks.
  
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• Women in WA's FIFO industry victims of 'appalling behaviours', landmark sex assault report finds

  23-06-2022 05:37 via abc.net.au
  
  "Shocking" stories of sex assaults, harassment and targeted violence are detailed in a scathing parliamentary report into WA's fly-in, fly-out industry, with women subjected to an "appalling range of behaviours".
  
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• Sex assault report into WA's FIFO industry urges more training, reporting overhaul

  23-06-2022 05:37 via abc.net.au
  
  A landmark report into sexual assault and harassment within WA's fly-in, fly-out mining industry is tabled in state parliament.
  
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• Sex assault report into WA's FIFO industry finds 'appalling behaviours' still prevalent in the industry

  23-06-2022 05:37 via abc.net.au
  
  A landmark report into sexual assault and harassment within WA's fly-in, fly-out mining industry finds women have been subjected to "an appalling range of behaviours".
  
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• Pentanet ready neXus launch

  23-06-2022 05:00 via businessnews.com.au
  
  Internet users in Perth's northern suburbs will have access to Pentanet's neXus service by the end of next month after 11,000 customers expressed interest in the high-speed network.
  
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• Pentanet flag $13m yearly neXus revenue

  23-06-2022 05:00 via businessnews.com.au
  
  Internet users in Perth's northern suburbs will have access to Pentanet's neXus service by the end of next month after 11,000 subscribers signed up for the high-speed network.
  
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• Wildcats head coach resigns

  23-06-2022 04:59 via businessnews.com.au
  
  Scott Morrison will make an early exit from his three-year contract with Perth Wildcats, just days after Troy Georgiu departed as the team's chief executive.
  
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• Third desalination plant goes north

  23-06-2022 04:52 via businessnews.com.au
  
  WA will get a third desalination plant, costing more than $1.4 billion and located north of Perth at Alkimos.
  
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• Remote communities invite big banks to 'come see what it is like' as residents travel 200km to access basic banking

  23-06-2022 02:58 via abc.net.au
  
  Residents of remote communities are driving hundreds of kilometres just to access keycards as solutions are sought to financial and banking issues faced in the bush.
  
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• Remote communities invite big banks to 'come see what it is like'

  23-06-2022 02:58 via abc.net.au
  
  Residents of remote communities are driving 400-kilometre round trips just to access keycards as solutions are sought to financial and banking issues faced in the bush.
  
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• WA mining sector awaits harassment report

  23-06-2022 02:43 via businessnews.com.au
  
  An inquiry into sexual misconduct within Western Australia's mining sector is set to deliver its report, days after another alleged on-site assault.
  
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• She brought the bikini to Australia and put the Gold Coast on the map. Paula Stafford dies aged 102

  23-06-2022 02:26 via abc.net.au
  
  Stafford introduced Australia to the bikini at a time women were ordered off the beach, but her life was about so much more — establishing the second largest industry on 1960s' Gold Coast behind sand mining.
  
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• She brought the bikini to Australia and helped build the Gold Coast, Paula Stafford dies aged 102

  23-06-2022 02:26 via abc.net.au
  
  Stafford introduced Australia to the bikini at a time women were ordered off the beach, but her life was about so much more — establishing the second largest industry on 1960s' Gold Coast behind sand mining.
  
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