Analyst news

• US annual inflation rises 9.1 per cent, posting largest increase since 1981

  13-07-2022 23:50 via abc.net.au
  
  US annual consumer prices jumped 9.1 per cent in June, the largest increase in more than four decades, leaving Americans to dig deeper to pay for gasoline, food, healthcare and rents.
  
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• K'Gari (Fraser Island) inundated with 30 tonnes of rubbish after Queensland floods

  13-07-2022 23:38 via abc.net.au
  
  One of Australia's most famous World Heritage-listed islands has been turned into a tip by the Queensland floods, but locals have a few ideas about how to tackle the problem.
  
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• Bypass it and they will come? Long-planned road upgrade splits community

  13-07-2022 23:25 via abc.net.au
  
  Work on the $200m Truro bypass is finally set to begin next year. Some fear it will kill the town's businesses, but others say it could lead to growth.
  
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• NT government makes federal funding pitch for Beetaloo Basin oil and gas projects

  13-07-2022 22:59 via abc.net.au
  
  Infrastructure necessary for oil and gas companies to reach production in the Beetaloo has been added to a national list of priority investments.
  
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• Live: NSW Now: Aged care homes to open doors for unvaccinated visitors

  13-07-2022 22:16 via abc.net.au
  
  MORNING BRIEFING: Unvaccinated people will be allowed to visit residents in aged care homes across NSW from next Monday.
  
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• Rooftop solar is 'middle-class welfare' no more — now it's a windfall for power companies, the Conservation Council says

  13-07-2022 21:37 via abc.net.au
  
  Queensland's abundant rooftop solar is saving power companies about $30 million a month, according to the Conservation Council. Many home owners would like to be paid money for that power, but the Australian Energy Council says they are already getting enough. 
  
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• Queensland rooftop solar a windfall for power companies, Conservation Council says

  13-07-2022 21:37 via abc.net.au
  
  Queensland's abundant rooftop solar is saving power companies about $30 million a month, according to the Conservation Council. Many home owners would like to be paid money for that power, but the Australian Energy Council says they are already getting enough. 
  
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• Which countries are being hit hardest by inflation and how does Australia compare?

  13-07-2022 20:49 via abc.net.au
  
  Australia's inflation rate is sitting at about 5 per cent, but in some countries it is in double figures. And in nations where incomes are low, people will be feeling it the most.
  
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• This town paid more than $2.2m to company before it went bust

  13-07-2022 16:04 via abc.net.au
  
  New data shows that when funeral insurance company Youpla went into liquidation in March, some of Australia's most disadvantaged towns paid the heaviest price.
  
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• Some of Australia's most disadvantaged postcodes paid millions to company that collapsed

  13-07-2022 16:04 via abc.net.au
  
  New data shows that when funeral insurance company Youpla went into liquidation in March, some of Australia's most disadvantaged towns paid the heaviest price.
  
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• 'People battling like everyone else': The town that paid $1.7m to company before it failed

  13-07-2022 16:04 via abc.net.au
  
  New data shows that when funeral insurance company Youpla went into liquidation in March, some of Australia's most disadvantaged towns paid the heaviest price.
  
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• 'Everyone's pretty excited': Cruise ships to return to WA ports

  13-07-2022 11:19 via abc.net.au
  
  International cruise ships are set to return to regional WA for the first time since the start of the pandemic when the state's restrictions lift on October 1.
  
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• ARTS REVIEW: Little creature offers big rewards for young and old

  13-07-2022 10:27 via businessnews.com.au
  
  Barking Gecko, Tim Watts and Arielle Gray make wonderful theatre out of Cicada, Shaun Tan’s parable for all ages, write David Zampatti and junior reviewer Pippa Turnbull.
  
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• ASX edges higher despite oil price plunge

  13-07-2022 10:22 via businessnews.com.au
  
  The ASX has closed up 0.2 per cent, although energy companies were under pressure after Brent crude prices plunged to a four-month low.
  
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• New CBD rooftop bar to open soon

  13-07-2022 10:21 via businessnews.com.au
  
  A hospitality duo with experience at The Flour Factory, Bar Lafayette and The Ritz Carlton are gearing up to open a bar just off St Georges Terrace.
  
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• Griffin Coal fined

  13-07-2022 10:20 via businessnews.com.au
  
  Western Australia’s oldest coal company Griffin Coal has been ordered to pay $4,000 for failing to lodge annual financial reports from 2018 to 2021.
  
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• Busy winter for Perth's property market

  13-07-2022 10:12 via businessnews.com.au
  
  A recent report shows Perth's housing market was off to a strong start this winter despite a decline of new property listings.
  
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• Earn-as-you-learn degrees from 2023

  13-07-2022 10:00 via businessnews.com.au
  
  First-mover advantage awaits a WA university willing to offer an apprenticeship degree.
  
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• At Close of Business 13 July 2022

  13-07-2022 10:00 via businessnews.com.au
  
  Senior editor Mark Beyer talks about his feature on corporate finance, delving into why the market is slowing down and what opportunities lay ahead as access to capital recedes.
  
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• Rex eyes Cobham's FIFO arm

  13-07-2022 09:52 via businessnews.com.au
  
  Regional Express appears to have its sights set on a foray into the fly-in fly-out sector, entering a trading halt after revealing it was vying for a slice of Cobham Aviation’s operations.
  
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• WA’s industrial vacancies lowest in nation

  13-07-2022 09:16 via businessnews.com.au
  
  Colliers’ research shows Perth’s industrial market is the tightest in the country, with vacancy rates at new lows and rents growing at record levels.
  
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• Committee for Perth calls for national move

  13-07-2022 08:56 via businessnews.com.au
  
  A national strategy is needed to address gender pay gap after little has progressed since the publication of the 'Filling the Pool' report, the Committee for Perth says.
  
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• Biggest collapse in home builds in four decades

  13-07-2022 08:50 via businessnews.com.au
  
  New home builds in Western Australia have plunged 32.2 per cent in the past four months, the most significant drop in almost four decades.
  
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• Two-horse race in regional WA by-election

  13-07-2022 08:32 via businessnews.com.au
  
  Western Australia's Liberal and National opposition partners will face off in a by-election for the state's largest electorate.
  
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• IPO tap off as cash tightens

  13-07-2022 08:17 via businessnews.com.au
  
  As the days of easy equity draw to a close, companies are pivoting to different methods of raising capital.
  
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• A wizard of writing rites of passage, Frank Moorhouse's curiosity was his great gift

  13-07-2022 08:14 via abc.net.au
  
  Over his unique career as a novelist, essayist and tender custodian of this nation's unmentionables drawer, Frank Moorhouse was drawn ineluctably to things that others avoided, writes Annabel Crabb.
  
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• Adelaide landlord says insurance companies refusing to cover Hindley Street properties

  13-07-2022 07:21 via abc.net.au
  
  An Adelaide landlord says insurers will not cover his Hindley Street property because it is too risky, and premiums for his tenant's business have more than quadrupled.
  
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• Year-old landslip secured just enough to allow paragliders' jump for joy from iconic mountain

  13-07-2022 07:16 via abc.net.au
  
  The reopening of a North Brother Mountain road on the New South Wales Mid North Coast following landslip repairs has seen eager paragliders and sightseers return to its summit once again. 
  
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• Paragliders jump for joy as iconic mountain is reopened following 2021 landslip closure

  13-07-2022 07:16 via abc.net.au
  
  The reopening of a North Brother Mountain road on the New South Wales Mid North Coast following landslip repairs has seen eager paragliders and sightseers return to its summit once again. 
  
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• An Emmy nominee in tears, a nod for Kate Bush and nothing for Sex and the City’s reboot

  13-07-2022 06:25 via abc.net.au
  
  Emmy nominations have been announced for 2022 and it's brought tears, unusual celebrations and unexpected snubs. Here are the key takeaways.
  
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• Love to lead tech venture

  13-07-2022 06:08 via businessnews.com.au
  
  Shares in Structural Monitoring Systems jumped 10 per cent on the news that seasoned professional director and consultant Ross Love had been appointed executive chair.
  
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• Apartment home loan product on trial

  13-07-2022 06:08 via businessnews.com.au
  
  A new home loan trial has been launched as part of the state government's bid to have more people living in apartments closer to the Perth CBD.
  
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• WA Police floating on air after stolen hovercraft returned to owner

  13-07-2022 05:37 via abc.net.au
  
  A Wheatbelt man has been charged with two counts of stealing, after police recovered a hovercraft stolen from an airfield near Coolgardie.
  
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• Elvis is in the building in Bendigo and exhibition crowds are loving it

  13-07-2022 05:11 via abc.net.au
  
  More than 200,000 people have travelled to Bendigo to visit the sold-out Elvis: Direct from Graceland exhibition.
  
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• Hesperia proposes $35m Mirrabooka centre

  13-07-2022 05:08 via businessnews.com.au
  
  Hesperia, led by Adrian Fini and Ben Lisle, has flagged a $35 million plan to develop a retail centre on a 87,812 square metre piece of land in Mirrabooka.
  
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• Central banks in NZ and Korea push ahead with more supersized rate rises, Australia likely to follow

  13-07-2022 04:35 via abc.net.au
  
  Central banks in New Zealand and Korea have pushed ahead with further super-sized interest rate rises as they attempt to tame rampant inflation.
  
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• Central banks in NZ and Korea push ahead with more super-sized rate rises, Australia likely to follow

  13-07-2022 04:35 via abc.net.au
  
  Central banks in New Zealand and Korea have pushed ahead with further super-sized interest rate rises as they attempt to tame rampant inflation.
  
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• Dawson downplays officer exodus

  13-07-2022 04:30 via businessnews.com.au
  
  WA Police commissioner Chris Dawson has dismissed fears a spate of resignations could derail the force’s expansion plan, but conceded wages were critical to competing with the private sector.
  
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• Annie Cannon-Brookes buys Dunk Island with plans to develop

  13-07-2022 04:30 via abc.net.au
  
  Annie Cannon-Brookes, wife of tech billionaire Mike Cannon-Brookes, strikes a deal to buy the beleaguered Dunk Island, off the coast of Far North Queensland.
  
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• A ring road around this fast-growing town has become a boulevard of broken dreams

  13-07-2022 04:12 via abc.net.au
  
  Mount Barker's Heysen Boulevard is supposed to be a vital transport corridor, but the 9-kilometre ring-road in the Adelaide Hills town looks more like a dotted line.
  
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• 'We all slept very well last night': Mum's relief after embassy helps track down life-saving medication

  13-07-2022 03:38 via abc.net.au
  
  A South Australian mother says the Australian embassy stepped in to help her track down life-saving medication for her son, after an airline lost their luggage. Thomas Mattinson and his family travelled to Copenhagen so he could represent Australia in frame running. 
  
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• Stockmarket correction dampens deals

  13-07-2022 03:26 via businessnews.com.au
  
  Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.
  
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• 'Mammoth effort' underway to repair landslide along critical Blue Mountains rail line

  13-07-2022 03:15 via abc.net.au
  
  The repair work is expected to take weeks with up to 100 workers onsite each day bringing in 40,000 tonnes of rock, and removing 30,000 tonnes of soil.
  
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• Pensions to keep pace with inflation rise

  13-07-2022 03:03 via businessnews.com.au
  
  While the inflation challenge is expected to get worse before it gets better, Treasurer Jim Chalmers says the government is awake to the pressure on pensioners.
  
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• Privacy watchdog investigates Bunnings and Kmart over their use of facial recognition technology

  13-07-2022 02:21 via abc.net.au
  
  A report from consumer advocacy group CHOICE prompts the Office of the Australian Information Commissioner to investigate whether retail giants Kmart and Bunnings are breaching privacy laws with their use of facial recognition technology.
  
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• Kmart and Bunnings face privacy probe after backlash against instore facial recognition technology

  13-07-2022 02:21 via abc.net.au
  
  A report from consumer advocacy group CHOICE prompts the Office of the Australian Information Commissioner to investigate whether retail giants Kmart and Bunnings are breaching privacy laws with their use of facial recognition technology.
  
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• Kmart and Bunnings face privacy probe after backlash against in-store facial recognition technology

  13-07-2022 02:21 via abc.net.au
  
  A report from consumer advocacy group CHOICE prompts the Office of the Australian Information Commissioner to investigate whether retail giants Kmart and Bunnings are breaching privacy laws with their use of facial recognition technology.
  
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• Croatia clears final hurdle to adopting the euro next year

  13-07-2022 01:07 via abc.net.au
  
  The EU approves three laws that pave the way for Croatia to adopt the euro, enabling the first expansion of the currency bloc in almost a decade.
  
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• Twitter sues Elon Musk to hold him 'accountable' to acquisition agreement

  13-07-2022 00:43 via abc.net.au
  
  Elon Musk wants out of Twitter but the social media giant is suing him to force him to complete their $64 billion deal. 
  
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