Analyst news

• Concerns electric vehicles still won't be affordable for many by 2035 when ACT bans sale of new petrol cars

  18-07-2022 22:45 via abc.net.au
  
  The CEO of the Australian Automotive Dealer Association expresses concerns that a ban on the sale of new petrol cars from 2035 could cause affordability issues for poorer Canberrans.
  
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• 'I have no answers as to when I will improve': Long COVID cases set to rise, actuaries say

  18-07-2022 20:49 via abc.net.au
  
  Up to 100,000 people could be suffering severe long COVID within the next three months. Another 300,000 people could have some limitations on their daily activities.
  
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• World's first giant 'sand battery' shows how energy solutions can be simple

  18-07-2022 20:30 via abc.net.au
  
  The world's first commercial "sand battery" stores heat at 500C for months at a time. So how does it work, and should we build them in Australia?
  
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• Could a giant 'sand battery' heat homes and offices? Finland says yes

  18-07-2022 20:30 via abc.net.au
  
  The world's first commercial "sand battery" stores heat at 500C for months at a time. So how does it work, and should we build them in Australia?
  
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• London airport forced to suspend flights after extreme heat leaves 'defects' in runway

  18-07-2022 20:02 via abc.net.au
  
  The shutdowns come as Europe experiences an extreme heatwave, which has seen Britain experience its hottest day of the year on Monday, with temperatures topping 38C.
  
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• Greece's fur industry on the brink as EU sanctions on Russia bite

  18-07-2022 14:15 via abc.net.au
  
  Animal rights groups hope the cut-off from the Russian market could spell the end of the European fur market, which has already shrunk drastically, pushing owners out of business.
  
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• Europe feels the pain as the Kremlin's war drags on but, in the long run, Russians will pay a heavy price

  18-07-2022 12:32 via abc.net.au
  
  Across Europe, signs of economic distress are multiplying across the continent as Russia's war in Ukraine drags on. However, in the long run, economists say Russia, while avoiding complete collapse, will pay a heavy price for its war.
  
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• Sydney councils criticised for shunning e-scooter trial

  18-07-2022 11:47 via abc.net.au
  
  Residents and tourists in Sydney's CBD and inner-city suburbs will have to wait for e-scooters to be available as trials are launched in other areas of NSW.
  
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• Buyer beware: Apartment owners sound alarm over alleged building defects

  18-07-2022 11:11 via abc.net.au
  
  Buying an off-the-plan apartment has turned into an expensive, lengthy legal battle for Tamara and Andrew Railton-Stewart, and they're not alone.
  
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• Mirvac to manage AMP’s real estate assets

  18-07-2022 10:47 via businessnews.com.au
  
  Investors have voted for Mirvac to manage AMP Capital’s $7.7 billion office fund, increasing the property giant’s third-party funds under management by 76 per cent to $18.1 billion.
  
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• 'It'll affect everyone': Sheep farmers warn foot-and-mouth outbreak will drive up prices

  18-07-2022 10:32 via abc.net.au
  
  Sheep and wool farmers warn the consequences if foot-and-mouth disease reaches Australia will be "catastrophic" and far-reaching.
  
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• Federal Treasurer warns of 'confronting' budget update, as New Zealand inflation figures confirm the worst may be yet to come

  18-07-2022 09:59 via abc.net.au
  
  Fresh inflation figures out of New Zealand sound a warning that the worst of price and rate rises may still be yet to come, says Australia's federal Treasurer as he warns Australians to brace for next week's "confronting" budget update.
  
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• Federal Treasurer warns of 'confronting' budget as New Zealand inflation figures stoke fears

  18-07-2022 09:59 via abc.net.au
  
  Fresh inflation figures out of New Zealand sound a warning that the worst of price and rate rises may still be yet to come, says Australia's federal Treasurer as he warns Australians to brace for next week's "confronting" budget update.
  
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• At Close of Business 18 July 2022

  18-07-2022 09:56 via businessnews.com.au
  
  Jordan Murray discusses his recent article on the collapse of cryptocurrencies, including how Perth businesses are managing the crisis.
  
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• Best day in three weeks for ASX, up 1.2pc

  18-07-2022 09:46 via businessnews.com.au
  
  The big banks, miners and coalminers all gained ground as the market digested ANZ's $4.9 billion purchase of Suncorp Bank.
  
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• Perth home values surge in June quarter

  18-07-2022 09:39 via businessnews.com.au
  
  Recent data shows a surge in Perth’s house values over the past three months, following the reopening of the state’s border in March.
  
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• WA spared mask mandate despite hospital pressure

  18-07-2022 09:28 via businessnews.com.au
  
  The Health Minister has insisted the state government has no plans to reintroduce mask mandates, despite conceding the rate of infection is much higher than is being reported.
  
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• Disability enterprise secures property maintenance business

  18-07-2022 09:22 via businessnews.com.au
  
  Workpower Inc will be able to provide more opportunities for people with disability after it acquired property maintenance business Greg McKenna Property Services.
  
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• Glory chief steps down

  18-07-2022 09:14 via businessnews.com.au
  
  Tony Pignata has handed in his resignation and will step down as Perth Glory boss in September.
  
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• Politics light on state government boards

  18-07-2022 09:00 via businessnews.com.au
  
  Government boards in WA are among the least political in the country, according to new research that has found federal boards to be stacked with party-affiliated appointees.
  
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• 'We could have gone to Europe and back': Adelaide couple takes 48-hour bus trip home amid flight cancellations

  18-07-2022 07:37 via abc.net.au
  
  An Adelaide couple holidaying in Darwin take a 48-hour bus trip home after their Jetstar flight was cancelled, as one bus operator admits ticket sales are on the rise.  
  
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• Bus operator notes increase in passengers amid flight cancellations and delays

  18-07-2022 07:37 via abc.net.au
  
  An Adelaide couple holidaying in Darwin take a 48-hour bus trip home after their Jetstar flight was cancelled, as one bus operator admits ticket sales are on the rise.  
  
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• Commsec calls fuel price retreat

  18-07-2022 06:43 via businessnews.com.au
  
  There’s hope that families and small businesses could soon get a reprieve from high petrol prices, with Commsec predicting a 19 cent per litre drop ahead.
  
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• Lynas records second highest quarterly

  18-07-2022 06:37 via businessnews.com.au
  
  Lynas Rare Earths has recorded a "very strong" result of close to $300 million in sales revenue for the final quarter of the past financial year.
  
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• Opposition demands Huawei probe

  18-07-2022 05:52 via businessnews.com.au
  
  The opposition has demanded the auditor general launch a probe into the state government's abandoned $127 million Huawei deal to stop other government contracts from suffering the same fate.
  
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• Backers stick tight amid crypto carnage

  18-07-2022 04:00 via businessnews.com.au
  
  Bad press amid a cryptocurrency downturn has done little to shake the faith of local observers.
  
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• Ageing population a regional challenge

  18-07-2022 03:33 via businessnews.com.au
  
  Uneven population growth across the state’s geography gives some cause for concern that workers are still not being drawn to regional areas to support local businesses and economies.
  
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• ASX rises, Suncorp share price jumps amid ANZ takeover bid, NZ inflation hits 7.3 per cent,

  18-07-2022 03:02 via abc.net.au
  
  Australian shares rise in afternoon trade, with most sectors trading in positive territory.
  
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• ASX rises, NZ inflation hits 7.3 per cent, Suncorp jumps amid ANZ takeover bid

  18-07-2022 03:02 via abc.net.au
  
  Australian shares have started the day higher, tracking gains on Wall Street.
  
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• ANZ stitches deal for Suncorp banking arm

  18-07-2022 03:01 via businessnews.com.au
  
  The big-four lender has agreed to pay $4.9 billion for the banking operation as it seeks to shore up its Queensland business.
  
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• Queensland beef and pork producer interested in small-scale, ethical butchering says bureaucratic hurdles difficult to process

  18-07-2022 02:44 via abc.net.au
  
  Farmer Randal Breen wants to build a 50 square metre boning and packing shed on his Darling Downs property to process up to 10 animals a week. Local planning laws mean he would need to meet the same requirements as a full-scale abattoir that can slaughter hundreds of animals a day.
  
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• Farmer says red tape turned paddock-to-plate dream into $1K a week nightmare

  18-07-2022 02:44 via abc.net.au
  
  Darling Downs farmer Randal Breen wants to build a facility to process 10 animals a week. But, local planning laws mean he needs to meet the same requirements as a full-scale abattoir.
  
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• Farmer says red tape has turned paddock-to-plate dream into $1,000-a-week nightmare

  18-07-2022 02:44 via abc.net.au
  
  Farmer Randal Breen wants to build a 50 square metre boning and packing shed on his Darling Downs property to process up to 10 animals a week. Local planning laws mean he would need to meet the same requirements as a full-scale abattoir that can slaughter hundreds of animals a day.
  
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• Seafarers belt out karaoke tunes while waiting to load bumper grain crop

  18-07-2022 00:32 via abc.net.au
  
  Cargo ships are waiting at anchor for up to three weeks off Albany port to load grain as bottlenecks slow the export of Western Australia's bumper harvest.
  
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• ANZ announces $5 billion Suncorp Bank takeover

  18-07-2022 00:28 via abc.net.au
  
  Suncorp accepts a $4.9 billion bid from ANZ to take over its banking business, as the big four bank seeks to accelerate its growth.
  
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