Analyst news

• Estate redevelopment in Coffs Harbour will not help housing crisis, social advocates say

  30-06-2022 23:29 via abc.net.au
  
  The effectiveness of a public housing project is under fire amid news it will add just nine new public housing residences, with the bulk of the homes to be offered to private buyers.
  
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• How travellers are navigating new courses to combat soaring petrol prices

  30-06-2022 23:28 via abc.net.au
  
  The high cost of petrol is draining budgets for younger travellers, forcing them to be thrifty and cut their trips short. But for others, nothing is getting in the way of a once-in-a-lifetime trip.
  
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• Live: NSW Now: More than 10 million free vouchers supporting businesses left unspent

  30-06-2022 23:21 via abc.net.au
  
  MORNING BRIEFING: New figures reveal more than 10 million Dine and Discover vouchers have gone unspent. Last year, the government issued 33 million vouchers to help local businesses stay afloat during the COVID-19 pandemic.
  
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• Plea to focus on 'ordinary' tourists as 'mega-ship' cruise industry gears up

  30-06-2022 23:15 via abc.net.au
  
  Cruise ships will once again start docking in Tasmanian ports in October and while the income they bring is hailed as a lifeline for some, others warn they are not the sort of tourism experience Tasmania should be embracing.
  
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• Ex-tourism boss warns 'mega ships' swamping tourism hot spots and are bad for Tasmanian brand

  30-06-2022 23:15 via abc.net.au
  
  Cruise ships will once again start docking in Tasmanian ports in October and while the income they bring is hailed as a lifeline for some, others warn they are not the sort of tourism experience Tasmania should be embracing.
  
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• WA's single-use plastic ban is creating headaches for some businesses, but others are ahead of the curve

  30-06-2022 23:11 via abc.net.au
  
  As Western Australia's plastics ban comes into force today, Ajay fears many of his party supply products will end up in landfill, while a tomato wholesaler hopes others will follow his lead to protect the environment.
  
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• Plastics ban creates costly headaches for some WA businesses, but others are ahead of the curve

  30-06-2022 23:11 via abc.net.au
  
  Natalie Nguyen's lunch bar is just one business scrambling to find suitable alternatives as WA's plastics ban comes into force today, but a tomato wholesaler hopes others will follow his lead to protect the environment.
  
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• Here's how Victorian wallets will be affected in the new financial year

  30-06-2022 22:56 via abc.net.au
  
  Increases to utility bills, council rates and road tolls from today are set to add to cost-of-living woes for Victorians.
  
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• Here are how Victorian wallets will be affected in the new financial year

  30-06-2022 22:56 via abc.net.au
  
  Increases to utility bills, council rates and road tolls from today are set to add to cost-of-living woes for Victorians.
  
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• Changes are coming in Victoria in the new financial year. Here's what you need to know

  30-06-2022 22:56 via abc.net.au
  
  Increases to utility bills, council rates and road tolls from today are set to add to cost-of-living woes for Victorians.
  
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• Nat decided to give house-flipping a go. He never expected to go viral on TikTok

  30-06-2022 22:42 via abc.net.au
  
  After buying a house for less than $60,000, Nat Redgrave made a video to show his friends. It gained nearly two million views.
  
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• Complaining about your rates bill? These farmers have a bill for $60,000 this year

  30-06-2022 22:40 via abc.net.au
  
  Farmers and residents across regional Victoria are copping huge increases in municipal rates, amid some calls to change the system.
  
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• Investors warned against 'buying the dip' in market downturn, ASX drops 10pc for the year

  30-06-2022 21:54 via abc.net.au
  
  "Buying the dip" is no longer an easy way for inexperienced traders to make money, according to a seasoned stockbroker, despite the ASX losing roughly $250 billion in the past year.
  
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• Joe has a $300,000 tax bill after making it big on Bitcoin, he reveals the pitfalls of crypto investing

  30-06-2022 21:47 via abc.net.au
  
  Joe Bridge has bought two motorbikes, two boats and his first house with the $1 million-plus he made on Bitcoin, but he doesn't recommend trying to replicate his success.
  
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• Joe Bridge made $1m on Bitcoin, but says it's a 'dangerous time' to invest

  30-06-2022 21:47 via abc.net.au
  
  Joe Bridge has bought two motorbikes, two boats and his first house with the $1 million-plus he made on Bitcoin, but he doesn't recommend trying to replicate his success.
  
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• Cost-of-living crunch bites, with electricity, transport and mobile phone bills set to rise

  30-06-2022 21:38 via abc.net.au
  
  Consumers are being warned to expect more hip-pocket pain, with the start of the new financial year bringing a raft of fresh price rises.
  
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• Sydney and Melbourne lead falls in national property prices

  30-06-2022 20:58 via abc.net.au
  
  Aggressive interest rate increases have caused the second monthly fall in home prices across Australia's capital cities. It is the sharpest slowdown in the property market in 30 years. 
  
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• Property prices fall for the second month in a row as rates rise

  30-06-2022 20:58 via abc.net.au
  
  Aggressive interest rate increases have caused the second monthly fall in home prices across Australia's capital cities. It is the sharpest slowdown in the property market in 30 years. 
  
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• New laws, new rules: Here's why the new financial year will look different

  30-06-2022 20:35 via abc.net.au
  
  The new financial year is here. On top of that, a raft of policy changes have officially gone into effect from today. Here's what they are and how they will affect you. 
  
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• Perth home values continue to climb

  30-06-2022 19:00 via businessnews.com.au
  
  Perth’s median home values defied the national trend to increase by 0.4 per cent to $558,000 in June.
  
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• Woodside's North West Shelf gas project gets environmental tick to extend its life to 2070

  30-06-2022 11:26 via abc.net.au
  
  Western Australia's environmental regulator recommends approval to extend the life of the North West Shelf gas project by almost 50 years, subject to strict conditions, including that it achieves net zero emissions by 2050, to help preserve Indigenous rock art in the area.
  
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• EPA fines NSW Forestry $500,000 in one month for destroying habitat

  30-06-2022 10:45 via abc.net.au
  
  New South Wales' Forestry Corporation claims there are no systemic issues with compliance despite coping $500,000 in fines.
  
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• Rail union's industrial action to go ahead as planned on Friday as talks end without a deal

  30-06-2022 10:44 via abc.net.au
  
  Trains will be running on a weekend timetable on Friday, with up to 70 per cent of services cancelled as the rail union presses ahead with its industrial action.
  
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• Rail union's industrial action to go ahead as planned as talks end without a deal

  30-06-2022 10:44 via abc.net.au
  
  Trains will be running on a weekend timetable today, with up to 70 per cent of services cancelled as the rail union presses ahead with its industrial action.
  
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• At Close of Business: Gary Adshead talks Mike McKenna

  30-06-2022 10:16 via businessnews.com.au
  
  Political editor Gary Adshead shares insights from his conversation with the man behind Optus Stadium.
  
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• Australian seaweed touted to reduce cattle emissions by 90 per cent hits the market

  30-06-2022 10:14 via abc.net.au
  
  The first sale of an emission-reducing cattle feed has been announced in South Australia, marking a milestone after years of research and development.
  
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• Blackburne closes in on One Subi sales

  30-06-2022 10:09 via businessnews.com.au
  
  Apartment sales in Perth seems to remain strong as developer Blackburne boasts only three vacant penthouses out of its 236 apartments at its One Subiaco development.
  
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• De Castro stoush heads to trial

  30-06-2022 09:56 via businessnews.com.au
  
  A Perth businessman has failed in his bid to claw back $500,000 from financial advisor Gui De Castro and end a year-long legal battle over what he claims was a bungled investment deal.
  
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• ASX ends fiscal year on a dour note

  30-06-2022 09:50 via businessnews.com.au
  
  The benchmark S&P/ASX200 index slid nearly 2 per cent in the last trading session of the financial year, amid worries over rising rates.
  
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• Hodson-Thomas tackles road safety

  30-06-2022 09:45 via businessnews.com.au
  
  The Road Safety Council will have a new chair in former Liberal MP Katie Hodson-Thomas.
  
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• Chevron to close Barrow oil field

  30-06-2022 09:42 via businessnews.com.au
  
  Western Australia’s first major oil field is coming to the end of its life, with Chevron announcing production at Barrow Island will cease in 2025.
  
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• Barilaro withdraws from $500,000 New York trade job

  30-06-2022 09:26 via abc.net.au
  
  Former NSW deputy premier John Barilaro withdraws from his role as the state's Trade Commissioner to the Americas, describing his position as "untenable".
  
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• Another popular venue in the Silver City is up for grabs, but what does it say about the industry?

  30-06-2022 09:15 via abc.net.au
  
  The Broken Hill Pub, most commonly known as The BHP, has made a surprise entry into the local real estate market. Several large hospitality businesses in the outback city have been put up for sale over a short period of time.
  
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• Gender equality procurement pilot launches

  30-06-2022 09:07 via businessnews.com.au
  
  The state government is trialling a 12-month pilot that will require suppliers to provide their gender equality credentials as part of the procurement process.
  
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• Perth office demand highest in nation

  30-06-2022 08:50 via businessnews.com.au
  
  Recent data from Cushman & Wakefield shows demand for Perth’s office space was the highest in the country over the past 18 months.
  
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• Cyclone Reinsurance Pool won't deliver savings it promised, government warns

  30-06-2022 08:41 via abc.net.au
  
  A Morrison government promise to halve the soaring cost of home and strata insurance in northern Australia won't be met, according to modelling publicly released by the new federal government.
  
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• Broken Hill's Line of Lode upgrade completion date pushed back

  30-06-2022 08:35 via abc.net.au
  
  It's the most iconic view in Broken Hill, but those wishing to dine up at the Line of Lode will have to wait a little longer.
  
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• Guy Sebastian's former manager found guilty of embezzling part of singer's earnings

  30-06-2022 07:56 via abc.net.au
  
  Guy Sebastian's former manager Titus Day is found guilty of embezzling some, but not all, of the $900,000 the singer claims he is owed.
  
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• Gas energy giant to probe potential reserves in regional SA amid 'desperate need' for local gas

  30-06-2022 07:13 via abc.net.au
  
  Beach Energy will spend up to 18 months interpreting geological survey data to determine the Limestone Coast's potential for future gas extraction.
  
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• Commonwealth Bank hikes fixed mortgage rates by 1.4 per cent

  30-06-2022 06:53 via abc.net.au
  
  CBA has lifted its fixed mortgage rates by a huge 1.4 per cent, and other banks are expected to follow.
  
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• Dine and Discover voucher use goes 'through the roof' ahead of midnight expiry

  30-06-2022 06:49 via abc.net.au
  
  NSW residents are frantically trying to cash in on the pandemic stimulus measure before it's too late. The government says the scheme has been so successful that there's a good chance it will return in times of future hardship.
  
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• Half a million job vacancies in May: ABS

  30-06-2022 06:47 via businessnews.com.au
  
  Job vacancies grew by 13.8 per cent in the three months to May and stand at more than double the number recorded before the COVID-19 pandemic set in.
  
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• EPA slaps net-zero deadline on North West Shelf plan

  30-06-2022 06:04 via businessnews.com.au
  
  The state’s environmental watchdog has told energy giant Woodside it will only be allowed to expand its North West Shelf LNG project if it's capable of reaching net-zero emissions by 2050.
  
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• Nedlands, Carey continue feud

  30-06-2022 06:00 via businessnews.com.au
  
  City of Nedlands councillors and the state government are at odds again over two significant development proposals in the western suburbs.
  
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• Clarity lacking on $6.6m Huawei call

  30-06-2022 05:33 via businessnews.com.au
  
  Millions of dollars were wasted and transparency derailed in state’s telco deal.
  
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• Cyprium raising for Nifty reboot

  30-06-2022 05:16 via businessnews.com.au
  
  Cyprium Metals is seeking up to $26 million from investors to fund a restart of its Nifty copper project in WA’s Pilbara region.
  
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• McKenna has right tools for stadium job

  30-06-2022 04:03 via businessnews.com.au
  
  Whether building political bridges or navigating the uncertainty of COVID, Mike McKenna has played his role as Optus Stadium’s chief with a straight bat.
  
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• This common livestock feed could soon bulk up your vegan-friendly protein shake

  30-06-2022 03:59 via abc.net.au
  
  A regenerative agriculture company opens a processing facility to turn lupins into protein powder as a vegan-friendly alternative to soy. 
  
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• National energy grid needs urgent upgrades

  30-06-2022 02:57 via businessnews.com.au
  
  The power market operator AEMO has released a roadmap for the sector as it continues to transition to more renewable and gas energy sources.
  
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• Chips in hot demand, but spud spend stays 'sensible' for shoppers

  30-06-2022 01:12 via abc.net.au
  
  A major South Australian potato grower says demand for the humble spud is high as fresh vegetable prices surge.
  
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