Analyst news

• Inflation and lower bank profits hit US stocks

  14-07-2022 23:57 via abc.net.au
  
  Rising business inflation and lower profits at big Wall Street banks weigh on US stocks.  European stocks end lower, while the Australian share market is set to fall after iron ore prices tumble.
  
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• Big miners weigh on ASX as iron ore prices slide

  14-07-2022 23:57 via abc.net.au
  
  The Australian share market lost more than 1 per cent of its value in early trade weighed down by heavyweight miners after iron ore prices tumbled. Rising business inflation and lower profits at big Wall Street banks weighed down US stocks. 
  
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• Will you pay more for hot chips? Tassie farmers consider ditching spuds

  14-07-2022 22:53 via abc.net.au
  
  Farmers have rejected a second price offer made by food manufacturer Simplot for their potato crop this season, saying the extra money put forward is not enough to cover the cost of growing their crops.
  
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• $22 million unit 'a bargain' even as glitter strip's property market cools

  14-07-2022 22:23 via abc.net.au
  
  The Gold Coast's iconic high-rises are home to some of the most expensive units in the country, and while a downturn in the property market is being felt across Australia, the Glitter Strip's unit prices are still strong.
  
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• Why registered nurses are leaving hospitals for the cosmetics industry

  14-07-2022 22:01 via abc.net.au
  
  The cosmetic nursing industry says burnt-out registered nurses are leaving hospitals "in droves" to work in a busy clinical aesthetic setting instead.
  
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• 'My anxiety is gone': Why registered nurses are leaving hospitals for cosmetics

  14-07-2022 22:01 via abc.net.au
  
  The cosmetic nursing industry says burnt-out registered nurses are leaving hospitals "in droves" to work in a busy clinical aesthetic setting instead.
  
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• 'Burnt out' nurses leave profession in droves for more 'relaxed' cosmetics industry

  14-07-2022 22:01 via abc.net.au
  
  The cosmetic nursing industry says exhausted registered nurses are leaving hospitals "in droves" to work in a busy clinical aesthetic setting instead.
  
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• Burnt-out nurses leave hospitals 'in droves' for booming cosmetic injectables industry

  14-07-2022 22:01 via abc.net.au
  
  The cosmetic nursing industry says exhausted registered nurses are leaving hospitals "in droves" to work in a busy clinical aesthetic setting instead.
  
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• ATO whistleblower Richard Boyle is about to face trial and the government will not intervene

  14-07-2022 20:59 via abc.net.au
  
  Attorney-General Mark Dreyfus has ruled out dropping charges against former ATO public-servant-turned-whistleblower Richard Boyle, who is set to face trial later this month.
  
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• America's biggest companies are abandoning China and it's not just because they fear Beijing's power

  14-07-2022 20:39 via abc.net.au
  
  US billionaires once believed the "sky would be the limit" when it came to making money in China, however, in recent months, several tech giants — including Amazon's Kindle and Airbnb — have joined a growing exodus from the country. 
  
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• Netflix to offer cheaper plan featuring ads, after losing 200,000 customers in first quarter

  14-07-2022 16:21 via abc.net.au
  
  Netflix says it will work with Microsoft to launch a cheaper subscription plan that includes advertisements, as the streaming giant fights to attract customers.
  
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• Rocketing US prices amid overheating economies

  14-07-2022 10:42 via businessnews.com.au
  
  ANALYSIS: Living standards are being hit and wealth shredded by rocketing inflation in the United States, but there’s dramatic, and potentially telling, differences across countries.
  
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• Passengers stuck in the air for hours as fog navigation system unveiled last year remains offline

  14-07-2022 10:19 via abc.net.au
  
  A passenger flight headed for Mildura on Wednesday spent more than three hours in the air before returning to Melbourne due to heavy fog and an incomplete navigation system at the regional airport. 
  
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• At Close of Business 14 July 2022

  14-07-2022 10:00 via businessnews.com.au
  
  Political editor Gary Adshead explains why he weighed in on a proposed children's hospice in Swanbourne, and what opposition to it by local councillors means for its future.
  
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• ASX moves higher on mining, energy

  14-07-2022 09:49 via businessnews.com.au
  
  Australian shares have risen 0.4 per cent, with gains by iron ore miners, and coalminers outweighing losses for the big banks and property trusts.
  
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• Pilbara lithium auction takes a dip

  14-07-2022 09:42 via businessnews.com.au
  
  Bids for Pilbara Minerals spodumene concentrate have fallen for the first time since the company began selling product via its battery material exchange platform a year ago.
  
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• Porter's defamation spinoff appeal fails

  14-07-2022 09:17 via businessnews.com.au
  
  An appeal by Christian Porter over the removal of his leading barrister in the now-settled defamation case against the ABC has been dismissed.
  
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• Norco ice-cream factory jobs in Lismore safe for another 10 weeks as funding is extended

  14-07-2022 08:59 via abc.net.au
  
  A bespoke financial package to pay the wages of employees at the Norco ice-cream factory in Lismore will be extended for another 10 weeks.
  
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• Central banks 'have egg on their face' and risk causing a recession in their 'panic' to get it off

  14-07-2022 08:27 via abc.net.au
  
  As central banks scramble to fight inflation, with Canada's 100-basis-point interest rate rise the latest and largest move, a leading economist warns they may push the world into recession.
  
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• As interest rates rise aggressively, are central banks mixing a 'cocktail' for global recession?

  14-07-2022 08:27 via abc.net.au
  
  As central banks scramble to fight inflation, with Canada's 100-basis-point interest rate rise the latest and largest move, a leading economist warns they may push the world into recession.
  
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• Blindsided by backyard priorities

  14-07-2022 07:49 via businessnews.com.au
  
  The Nedlands council’s protest against a hospice for terminally ill children has left many bewildered.
  
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• Developer sues over hotel leak

  14-07-2022 07:45 via businessnews.com.au
  
  The developer behind East Perth’s Ibis Styles hotel is suing one of its subcontractors for damages after a water leak caused damage to the $23 million project.
  
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• Tourism operators hit back at calls for flight ban to Bali over foot-and-mouth fears

  14-07-2022 07:21 via abc.net.au
  
  Tourism leaders say any talk of suspending travel or reintroducing restrictions is damaging for the industry as a whole. 
  
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• Tourism operators' fears grow over foot-and-mouth flight ban calls

  14-07-2022 07:21 via abc.net.au
  
  Tourism leaders say any talk of suspending travel with Bali or reintroducing restrictions could seriously threaten the industry as a whole as it struggles to get back on its feet after the pandemic. 
  
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• COVID hospitalisations hit new high

  14-07-2022 07:21 via businessnews.com.au
  
  The number of Western Australians hospitalised with COVID has hit a new record today, as the spread of Omicron sub-variants propel the state towards its next pandemic peak.
  
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• Bali flight ban talk putting Queensland tourism operators on edge

  14-07-2022 07:21 via abc.net.au
  
  Tourism leaders say any talk of suspending travel with Bali or reintroducing restrictions could seriously threaten the industry as a whole as it struggles to get back on its feet after the pandemic. 
  
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• WA city where you can 'eat, drink and be Aussie' makes prestigious top 50 travel list

  14-07-2022 06:46 via abc.net.au
  
  Only two places in Australia made Time Magazine's list of the 50 best places to travel in the world.
  
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• Alice Springs parks and playgrounds could go under the hammer as council eyes sell-off

  14-07-2022 06:00 via abc.net.au
  
  Does Alice Springs have too many parks? The town's Mayor thinks so and has flagged council's intention to repurpose some of Alice Springs' green spaces.
  
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• Alice Springs council weighs sale of public parks

  14-07-2022 06:00 via abc.net.au
  
  Does Alice Springs have too many parks? The town's Mayor thinks so and has flagged council's intention to repurpose some of Alice Springs' green spaces.
  
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• A ban on flights from Indonesia ruled out of foot-and-mouth disease agenda

  14-07-2022 05:44 via abc.net.au
  
  Australia's Agriculture Minister rules out a ban on flights from Indonesia as a way to prevent a devastating livestock disease from entering the country.
  
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• Four additions to IT supply list

  14-07-2022 05:39 via businessnews.com.au
  
  The West Australian government has added four companies to its list of preferred suppliers for computing and mobile devices.
  
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• Workers back in the city

  14-07-2022 05:03 via businessnews.com.au
  
  Occupancy rates are at their highest level since COVID restrictions eased, Property Council figures show.
  
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• Megara reveals $73m Sorrento plan

  14-07-2022 04:50 via businessnews.com.au
  
  Developer Megara's $73.7 million vision to revitalise the Sorrento Plaza precinct is being advertised for community feedback.
  
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• Shared purpose fills creative pool

  14-07-2022 04:46 via businessnews.com.au
  
  The second instalment of Donating Differently details the rise of organisations harnessing the power of collective giving.
  
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• Ex-CIA engineer Joshua Schulte convicted over hacking theft of 'Vault 7' documents

  14-07-2022 03:43 via abc.net.au
  
  The former CIA coder accused of providing WikiLeaks with the CIA's hacking abilities is convicted over "one of the most brazen and damaging acts of espionage in American history". 
  
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• Unemployment plunges to 3.5 per cent, with nearly 90,000 jobs added in June

  14-07-2022 03:33 via abc.net.au
  
  Australia's official unemployment rate drops to 3.5 per cent, with an estimated 88,400 jobs added to the economy last month.
  
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• Good news for jobseekers is bad news for borrowers as unemployment falls to new lows, rates set to jump again

  14-07-2022 03:33 via abc.net.au
  
  Australia's official unemployment rate drops to 3.5 per cent, with an estimated 88,400 jobs added to the economy last month.
  
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• Sri Lanka's acting President tells military to do 'whatever is necessary' to restore order

  14-07-2022 02:34 via abc.net.au
  
  Sri Lanka's Prime Minister Ranil Wickremesinghe has told the military to do "whatever is necessary to restore order" after protesters stormed his office demanding that he resign.
  
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• Further unemployment rate fall predicted

  14-07-2022 02:32 via businessnews.com.au
  
  The national unemployment rate is set to fall further to 3.8 per cent when new labour force figures are released on Thursday.
  
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• New cost of living blow to households as Coles increases price of milk

  14-07-2022 02:00 via abc.net.au
  
  One of Australia's largest supermarkets has announced a large price hike to its branded milk which is bound to put more pressure on family budgets.
  
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• Household cost of living blow as Coles increases home-brand milk price

  14-07-2022 02:00 via abc.net.au
  
  One of Australia's largest supermarkets has announced a large price hike to its branded milk which is bound to put more pressure on family budgets.
  
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• Household budgets squeezed as Coles hikes homebrand milk price

  14-07-2022 02:00 via abc.net.au
  
  Coles has announced its biggest milk price hike in a decade, adding more pressure to family budgets.
  
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• Household budgets squeezed as Coles hikes home-brand milk price

  14-07-2022 02:00 via abc.net.au
  
  Coles has announced its biggest milk price hike in a decade, adding more pressure to family budgets.
  
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