Analyst news

• US inflation eases after 41-year high, US stocks rally

  10-08-2022 23:54 via abc.net.au
  
  Wall Street rallies as cooling inflation eases interest rate hike fears. The Australian dollar surges to 71 US cents as the greenback falls. 
  
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• US inflation eases after 41-year high, Telstra profit falls

  10-08-2022 23:54 via abc.net.au
  
  Wall Street rallies as cooling inflation eases interest rate hike fears, the Australian dollar surges to 71 US cents as the greenback falls, and Telstra sees a drop in annual profit. 
  
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• Telstra's profit falls but telco raises dividends

  10-08-2022 23:54 via abc.net.au
  
  Telstra sees a drop in annual profit, but increases dividends for the first time in seven years. The ASX and Wall Street rally as cooling inflation eases interest rate hike fears, and the Australian dollar surges to 71 US cents as the greenback declines. 
  
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• ASX rises after US inflation eases, Telstra lifts dividends

  10-08-2022 23:54 via abc.net.au
  
  Telstra sees a drop in annual profit, but increases dividends for the first time in seven years. The ASX and Wall Street rally as cooling inflation eases interest rate hike fears, and the Australian dollar surges to 71 US cents as the greenback declines. 
  
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• 'Take it or leave it': Gas users feel extorted by east coast 'cartel'

  10-08-2022 23:05 via abc.net.au
  
  Surging gas prices are putting a strain on Australian businesses that are calling for governments to step in and take action.
  
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• Retired train driver still sees the horrified faces of many close calls at mid-city blackspot

  10-08-2022 22:57 via abc.net.au
  
  Paul McKenna drove trains for 33 years and knows the dangers of one of the only freight lines in Queensland that still runs through the middle of a city. He's backing a Rail Union call to finally take drivers and pedestrians out of the equation. 
  
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• This toxic mine site is costing taxpayers millions. After a policy 'backflip', some fear it won’t be the last

  10-08-2022 22:34 via abc.net.au
  
  Environmentalists and traditional owners have condemned the Northern Territory government’s decision to abandon plans to include all mining activities in proposed accountability laws.
  
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• Paedophile declares bankruptcy as victim-survivor struggles to receive record-setting payout

  10-08-2022 21:50 via abc.net.au
  
  A victim-survivor of a notorious paedophile alleges his abuser is avoiding paying court-ordered compensation — prolonging the victim-survivor's trauma by declaring bankruptcy — but vows he will "claw back assets" from his abuser.
  
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• Paedophile avoiding compensation payout by divesting assets and declaring bankruptcy, victim alleges

  10-08-2022 21:50 via abc.net.au
  
  A victim-survivor of a notorious paedophile alleges his abuser is avoiding paying court-ordered compensation — prolonging the victim-survivor's trauma by declaring bankruptcy — but vows he will "claw back assets" from his abuser.
  
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• Queensland's biggest food charity feels the pinch

  10-08-2022 21:33 via abc.net.au
  
  Foodbank Queensland is being hit hard by the rising cost of food and transport, with demand for help escalating as people grapple with cost-of-living pressures.
  
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• Just as more people need help, Queensland's biggest food charity feels the pinch

  10-08-2022 21:33 via abc.net.au
  
  Foodbank Queensland is being hit hard by the rising cost of food and transport, with demand for help escalating as people grapple with cost-of-living pressures.
  
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• For this food relief service cost of living pressures are a doubled-edged sword

  10-08-2022 21:33 via abc.net.au
  
  Foodbank Queensland is being hit hard by the rising cost of food and transport, with demand for help escalating as people grapple with cost-of-living pressures.
  
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• Costs 'double whammy' sees Queensland's biggest food charity feeling the pinch

  10-08-2022 21:33 via abc.net.au
  
  Foodbank Queensland is being hit hard by the rising cost of food and transport, with demand for help escalating as people grapple with cost-of-living pressures.
  
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• The rising cost of living and global economic uncertainty means older Australians are delaying retirement

  10-08-2022 21:08 via abc.net.au
  
  When Brett Clements got his first job at 15, he dreamed that, if he worked hard, he would be able to enjoy the fruits of his labour and retire at 40, but it wasn't to be.
  
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• The rising cost of living and global economic uncertainty mean older Australians are delaying retirement

  10-08-2022 21:08 via abc.net.au
  
  When Brett Clements got his first job at 15, he dreamed that, if he worked hard, he would be able to enjoy the fruits of his labour and retire at 40, but it wasn't to be.
  
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• 'I've become more and more depressed': Why older Australians like Brett are nervous for their retirement

  10-08-2022 21:08 via abc.net.au
  
  When Brett Clements got his first job at 15, he dreamed that, if he worked hard, he would be able to enjoy the fruits of his labour and retire at 40, but it wasn't to be.
  
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• CBD occupancy continues bounce back

  10-08-2022 19:00 via businessnews.com.au
  
  Perth’s occupancy levels are at their highest percentage since November 2021, Property Council data shows.
  
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• Elon Musk sells Tesla shares worth $9.8 billion, cites chance of forced Twitter deal

  10-08-2022 16:09 via abc.net.au
  
  Elon Musk says he is selling about eight million Tesla shares worth $9.8 billion as he looks to get his finances in order ahead of his court battle with Twitter.
  
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• 'Can't find them anywhere': Why Starburst lollies disappeared from Aussie shelves

  10-08-2022 11:22 via abc.net.au
  
  There's a reason Australians haven't been able to spot Starburst lollies on supermarket shelves and it might leave a bitter taste in lolly lovers' mouths. 
  
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• Thiess sued over 'redundancy pay'

  10-08-2022 10:34 via businessnews.com.au
  
  Two former Solomon Mine workers are suing mining contractor Thiess, alleging the company failed to pay out their redundancies.
  
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• Premier's top advisor quits

  10-08-2022 10:23 via businessnews.com.au
  
  Premier Mark McGowan's strategic director has quit after spending more than a decade as a Labor Party and government operative.
  
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• Premier's top adviser quits

  10-08-2022 10:23 via businessnews.com.au
  
  Premier Mark McGowan's strategic director has quit after spending more than a decade as a Labor Party and government operative.
  
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• At Close of Business 10 August 2022

  10-08-2022 10:20 via businessnews.com.au
  
  This week, Attorney General John Quigley was questioned for the first time since a Federal Court judge called him "confused and confusing". Political editor Gary Adshead assesses the impact.
  
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• St Barbara shares retreat on forecast

  10-08-2022 10:14 via businessnews.com.au
  
  St Barbara shares have fallen more than 11 per cent in response to the gold producer’s latest guidance update which foreshadowed improved output but higher costs.
  
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• Outgoing Fortescue chief joins heart research board

  10-08-2022 09:46 via businessnews.com.au
  
  Departing Fortescue Metals Group chief executive Elizabeth Gaines has a new role on the Victor Chang Cardiac Research Institute’s board.
  
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• Heart research board Gaines outgoing Fortescue chief

  10-08-2022 09:46 via businessnews.com.au
  
  Departing Fortescue Metals Group chief executive Elizabeth Gaines has a new role on the Victor Chang Cardiac Research Institute’s board.
  
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• China's ambassador offers conditional olive branch

  10-08-2022 09:43 via businessnews.com.au
  
  China's ambassador to Australia has delivered a stinging rebuke of media coverage about his country while addressing the National Press Club in Canberra.
  
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• Hub to underpin labour migration plan

  10-08-2022 09:42 via businessnews.com.au
  
  The federal government’s $200 million Bullsbrook quarantine hub could be used to house overseas workers migrating to WA under a plan being mulled by the state government.
  
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• ASX down 0.5pc ahead of US inflation read

  10-08-2022 09:30 via businessnews.com.au
  
  The ASX finished the day down 0.5 per cent ahead of another US inflation readout that'll be key to determining how quickly interest rates rise in America.
  
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• Thousands of Holden vehicles have been recalled over a brake manufacturing defect

  10-08-2022 09:19 via abc.net.au
  
  Almost 14,000 late model Holden Commodore owners are being warned that their vehicles may have defective brake boosters, which may "increase the risk of an accident" and "cause serious injury or death".
  
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• New website to connect businesses with workers

  10-08-2022 09:15 via businessnews.com.au
  
  A new platform to link people with disability to mainstream employment opportunities launched today as a solution to the state’s skills shortages.
  
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• Paper weight grounding defence jets

  10-08-2022 09:10 via businessnews.com.au
  
  Red tape stopping technology transfer in defence industries is keeping planes grounded and delaying helicopter maintenance, Boeing chairman Brendan Nelson says.
  
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• Centuria posts 63pc profit boost

  10-08-2022 08:23 via businessnews.com.au
  
  Real estate fund manager Centuria Capital Group has posted a $292.6 per cent rise in revenue and 63 per cent profit uplift on the back of strong acquisition activity during the 2021-22 financial year.
  
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• Men winched to safety after seaplane crashes into southern NSW lake

  10-08-2022 08:12 via abc.net.au
  
  Two men in their 50s are treated for minor cuts and abrasions after their seaplane crashes into Coila Lake in southern New South Wales.
  
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• Men winched to safety after seaplane crashes into southern New South Wales lake

  10-08-2022 08:12 via abc.net.au
  
  Two men in their 50s are treated for minor cuts and abrasions after their seaplane crashes into Coila Lake in southern New South Wales.
  
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• Electric highway charger supplier named

  10-08-2022 08:00 via businessnews.com.au
  
  The first EV charger along the state's proposed electric highway is due to be installed in the coming months courtesy of a major Victoria-based outfit.
  
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• Rex and Trish Grady were stranded in NSW for a month when borders closed last year. They want an apology

  10-08-2022 07:59 via abc.net.au
  
  A Victorian Ombudsman investigation late last year labelled the border exemption process "unjust" and "inhumane" and recommended the government publicly apologise and consider compensating those affected. This week the Andrews government said it would do neither.
  
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• Former WA MP faces corruption charges

  10-08-2022 07:31 via businessnews.com.au
  
  A former West Australian Liberal MP has been charged with attempting to hinder an investigation by the Corruption and Crime Commission.
  
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• Kalium flags possible debt revamp, capital raising

  10-08-2022 07:13 via businessnews.com.au
  
  Shares in new potash producer Kalium Lakes are in a trading halt ahead of new proposed funding measures for its flagship, which ran into ramp-up issues and delays earlier this year.
  
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• Earnings fall, revenue grows at Good Drinks

  10-08-2022 07:00 via businessnews.com.au
  
  Good Drinks Australia says its 22 per cent fall in earnings was a “good result” given industry-wide disruption due to the COVID-19 pandemic.
  
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• Commercial fishers to expect compensation if excluded from new offshore wind farm zones

  10-08-2022 06:21 via abc.net.au
  
  Trawl fishers say they will push for compensation if they are excluded from waters in the federal government's new offshore wind energy zones.
  
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• Tribunal intervenes to back Nedlands build

  10-08-2022 06:11 via businessnews.com.au
  
  The state’s administrative tribunal has overruled the City of Nedlands to approve a multi-million dollar residential development that stalled after the council failed to make a decision.
  
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• Locals from Olivia Newton-John's 'happy place' remain hopelessly devoted to beloved icon

  10-08-2022 04:57 via abc.net.au
  
  Olivia Newton-John's lifelong friend, Northern Rivers residents and music industry legends remember the caring, "down to earth" star as someone who loved being involved with the community.
  
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• $135m apartment plan in Leederville

  10-08-2022 04:10 via businessnews.com.au
  
  EG Funds Management has lodged an application for a $135 million apartment complex, combining build-to-sell and build-to-rent dwellings.
  
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• AG caught in confusion

  10-08-2022 03:59 via businessnews.com.au
  
  The premier clearly has more confidence in his AG than the judge in the recent defamation case.
  
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• Do you know where your block of chocolate comes from?

  10-08-2022 03:43 via abc.net.au
  
  How do you choose your chocolate — is it decided by your taste buds? Or maybe your wallet? Just how ethical has the journey from farm to supermarket shelf been?
  
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• Chocolatiers embrace 'bean to bar' trade route to directly support farmers

  10-08-2022 03:43 via abc.net.au
  
  How do you choose your chocolate — is it decided by your taste buds? Or maybe your wallet? Just how ethical has the journey from farm to supermarket shelf been?
  
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• Australian chocolatiers seek out a sweeter deal for farmers

  10-08-2022 03:43 via abc.net.au
  
  By establishing their own trade connections in the Pacific Islands, a Toowoomba couple is guaranteeing an ethical supply chain that major chocolate labels can’t match.
  
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• Transport minister tells Lord Mayor 'he's dreaming' as debate heats up over Brisbane north-west transport plan

  10-08-2022 03:17 via abc.net.au
  
  Queensland's Transport Minister has described Brisbane City Council's latest vision for a new toll road to relieve congestion in the city's north-west as a "feeble fantasy" and a "farce".
  
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• CBA profit jumps to nearly $10 billion

  10-08-2022 02:45 via businessnews.com.au
  
  Australia's biggest lender has lifted its annual profit by 11 per cent and declared a final dividend of $2.10 a share.
  
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