Analyst news

• IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX trades up

  26-07-2022 23:51 via abc.net.au
  
  The Australian share market has ended the day at a 20 day high, despite new inflation data showing that shows price hikes are at their highest level in more than 20 years.
  
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• IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX is stable

  26-07-2022 23:51 via abc.net.au
  
  Inflation data out today in Australia will be closely watched by the finance world. 
  
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• IMF downgrades 'gloomy' economy as inflation and rate jitters continue, ASX to trend down

  26-07-2022 23:51 via abc.net.au
  
  Inflation data out today in Australia will be closely watched by the finance world. 
  
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• Live: NSW now: Renewed appeal for information over south-west Sydney sisters' deaths

  26-07-2022 22:52 via abc.net.au
  
  MORNING BRIEFING: Police are renewing their appeal for information into the mysterious deaths of two sisters, who were found in separate rooms inside a south-west Sydney unit last month. 
  
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• Owners demand action as insurance costs threaten to sink treasured outback pubs

  26-07-2022 21:46 via abc.net.au
  
  Publicans say having to pay close to $70,000 a year for insurance could be the straw that breaks the camel's back for venues that are the crucial hubs in rural towns.
  
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• China's mortgage boycott is escalating. Now Evergrande suppliers have stopped paying bank loans

  26-07-2022 21:13 via abc.net.au
  
  The property crisis in China may have entered a dangerous phase as mortgage boycotts spread and banking corruption shakes confidence, with the shadow of COVID outbreaks and lockdowns also hanging over the economy.
  
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• What would happen if we just cut interest rates and ignored inflation? One country tried it and it's a disaster

  26-07-2022 21:11 via abc.net.au
  
  While many countries around the world are jacking up interest rates in an attempt to curb inflation, Turkey is trying an unorthodox approach: Its central bank is refusing to touch them. 
  
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• As prices soared, Turkey bucked the global trend and didn't raise interest rates. This was the result

  26-07-2022 21:11 via abc.net.au
  
  While many countries around the world are jacking up interest rates in an attempt to curb inflation, Turkey is trying an unorthodox approach: Its central bank is refusing to touch them. 
  
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• Greenpool, Savills swoop on $81m Forest Lakes deal

  26-07-2022 18:00 via businessnews.com.au
  
  Perth-based Greenpool Capital has partnered with global real estate investment manager Savills to acquire a shopping centre in Perth’s south-east for $81.5 million.
  
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• EU agrees to ration natural gas in winter to shield against Russian supply cuts

  26-07-2022 13:57 via abc.net.au
  
  The bloc's energy ministers approves a draft European law to lower demand for gas by 15 per cent from August through March.
  
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• Foreign students returning as Southport named Queensland's most multicultural suburb

  26-07-2022 10:37 via abc.net.au
  
  Queensland's most multicultural suburb is a hive of activity as foreign students make their return after the easing of COVID restrictions.
  
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• Carey claims Keystart call about choice

  26-07-2022 10:15 via businessnews.com.au
  
  A new Keystart product has opened the state scheme to a cohort of wealthier Western Australians.
  
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• Opposition backs asset sales audit

  26-07-2022 10:03 via businessnews.com.au
  
  A forensic inquiry into the sale of assets by the state government has been welcomed by the opposition.
  
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• At Close of Business 26 July 2022

  26-07-2022 10:01 via businessnews.com.au
  
  Madeleine Stephens discusses what she found out when she wrote about businesses trialing a four-day work week.
  
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• Energy, mining gains help lift ASX 0.3pc

  26-07-2022 09:55 via businessnews.com.au
  
  Strong gains for the energy and mining sectors have helped the Australian share market edge higher ahead of key inflation data.
  
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• McIntosh & Son acquires Staines legacy

  26-07-2022 09:49 via businessnews.com.au
  
  After almost three decades in business, the Staines family have agreed to hand over the reins of their Esperance farm equipment business to machinery giant McIntosh & Son.
  
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• SRG wins more Super Pit work

  26-07-2022 09:39 via businessnews.com.au
  
  Subiaco-based SRG Global has bolstered its order book with two contracts from Northern Star Resources and Meridian Energy respectively, valued at some $90 million.
  
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• Perth retail vacancy at record highs

  26-07-2022 09:36 via businessnews.com.au
  
  CBD retail vacancy rates have hit a new high of 20.6 per cent, despite spending patterns improving, JLL research shows.
  
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• St John of God unveils Vasse hospital plans

  26-07-2022 09:13 via businessnews.com.au
  
  Not-for-profit health care group St John of God has unveiled plans to build a new hospital in the state’s South West next year in a bid to keep pace with the region’s growing population.
  
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• Shell drops plans to lock out Prelude workers from offshore gas facility amid industrial dispute

  26-07-2022 09:08 via abc.net.au
  
  The Anglo-Dutch energy giant says a lockout aboard their facility off the Kimberley coast will not proceed due to safety and emergency response concerns, as industrial negotiations with the union grind to a halt.
  
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• Peppers Kings Square hotel sold for $26m

  26-07-2022 09:03 via businessnews.com.au
  
  Singapore-based High Street Holdings has purchased Peppers King Square hotel in Perth CBD for roughly $26 million, with a rebrand in the works.
  
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• Rogers bows out from Bis

  26-07-2022 09:00 via businessnews.com.au
  
  Bis chief executive officer Brad Rogers will leave the mining logistics company after 14 years for a new role with ASX-listed Jupiter Mines.
  
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• UWA, Perron dig deep for stroke studies

  26-07-2022 08:00 via businessnews.com.au
  
  With strokes contributing to the loss of 10,000 lives in Australia last year, UWA’s new chair in stroke research wants greater focus on prevention.
  
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• 'The money is gone': Evacuated Ukrainians forced to return home to war's front line

  26-07-2022 07:50 via abc.net.au
  
  Tens of thousands of people from eastern Ukraine return to their rural or industrial communities close to the front line at considerable risk because they can't afford to live in safer places.
  
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• Learning curve from orderly transition

  26-07-2022 07:41 via businessnews.com.au
  
  WA has been a leader in energy policy, but there are risks.
  
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• NGOs ask Elon Musk not to invest in Indonesia's nickel industry over environmental woes

  26-07-2022 06:40 via abc.net.au
  
  Dozens of non-governmental organisations (NGOs) send an open letter to Elon Musk, urging him to not invest in Indonesia's nickel industry on environmental concerns.
  
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• More time needed to assess FIFO register: CME

  26-07-2022 06:18 via businessnews.com.au
  
  The state’s peak resources body says it needs more time to consider the complexities of introducing the industry-wide workers’ register proposed following the FIFO mine inquiry.
  
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• Northbridge’s Dragon Palace on sale

  26-07-2022 06:03 via businessnews.com.au
  
  The building that houses entertainment and dining venue Dragon Palace restaurant has hit the market, opening opportunities for a business revamp.
  
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• Northbridge’s Dragon Palace for sale

  26-07-2022 06:03 via businessnews.com.au
  
  The building that houses entertainment and dining venue Dragon Palace restaurant has hit the market, opening opportunities for a business revamp.
  
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• 'Chronically overworked' airport ground crews threaten strike

  26-07-2022 04:37 via abc.net.au
  
  Long queues, flight cancellations and baggage delays at major Australian airports could worsen, with "chronically overworked" ground crew threatening strike action over pay and working conditions. 
  
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• Baggage handlers, ground crew threaten strike action prompting fears of further airport delays

  26-07-2022 04:37 via abc.net.au
  
  Long queues, flight cancellations and baggage delays at major Australian airports could worsen, with "chronically overworked" ground crew threatening strike action over pay and working conditions. 
  
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• Food efficiency passes taste test

  26-07-2022 04:30 via businessnews.com.au
  
  Whole Green Foods is commercialising technology to reduce food waste.
  
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• PM calls for unity ahead of new parliament

  26-07-2022 02:57 via businessnews.com.au
  
  Anthony Albanese says he wants to see a more unified and functional parliament, as MPs and senators gather for its official opening in Canberra.
  
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• Webster takes curtain call

  26-07-2022 02:51 via businessnews.com.au
  
  Perth Symphony Orchestra founder and creative director Bourby Webster will step down after 12 years at the helm of the not-for-profit.
  
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• 'Biggest hospital pass in history' as bank regulator Wayne Byres hands in early resignation

  26-07-2022 02:29 via abc.net.au
  
  The head of Australia's bank regulator will end his term almost two years early, announcing he will step down from his role at the end of October.
  
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• APRA boss Byres to stand down early from bank regulator

  26-07-2022 02:29 via abc.net.au
  
  The head of Australia's bank regulator will end his term almost two years early, announcing he will step down from his role at the end of October.
  
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• Businesses experiment with shorter work week

  26-07-2022 02:00 via businessnews.com.au
  
  Proponents of a four-day work week tout the productivity and personal benefits but some say the arrangement should be approached with caution.
  
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• Truckies rocked by suicide trauma fight red tape for compensation

  26-07-2022 01:22 via abc.net.au
  
  Truck drivers who experience tragedy while on the job are unable to access compensation due to a loophole.
  
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• Russia's Gazprom slashes gas supply to Europe again

  26-07-2022 01:07 via abc.net.au
  
  Russia's state-owned gas supplier cuts supplies through the Nord Stream 1 pipeline to just 20 per cent of capacity due to alleged maintenance issues — an explanation rejected by main importer Germany.
  
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• Live: NSW: Sydney house prices fall at fastest rate in 40 years

  26-07-2022 00:38 via abc.net.au
  
  MORNING BRIEFING: Sydney house prices have slipped 1.9 per cent over the past month as interest rate hikes have taken a toll— the fastest rate of decline in 40 years.
  
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