Analyst news

• Santos profit soars on higher LNG prices while CSL profit down as weak plasma collections bite ; ASX edges up

  16-08-2022 23:37 via abc.net.au
  
  Australian shares have started the day slightly higher ahead of the release of the quarterly wage price index. 
  
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• RBNZ hikes rates to 3 per cent, Santos profit soars while CSL hit by weak plasma collections as ASX rises

  16-08-2022 23:37 via abc.net.au
  
  Australian shares have edged up in afternoon trade as the Reserve Bank of New Zealand lifts rates by half a percentage point in its fourth straight hike.
  
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• ASX to rise ahead of the quarterly wage growth report

  16-08-2022 23:37 via abc.net.au
  
  Australian shares are expected to start the day slightly higher ahead of the release of the quarterly wage price index.
  
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• ASX to rise ahead of quarterly wage growth report

  16-08-2022 23:37 via abc.net.au
  
  Australian shares are expected to start the day slightly higher ahead of the release of the quarterly wage price index.
  
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• Could this giant 'golf ball' become Australia's next 'big thing'?

  16-08-2022 23:02 via abc.net.au
  
  The RAAF will soon retire an 18m-high radar device in Gippsland and residents say they've got a perfect pasture to put it in.
  
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• 'Massive shock' as woman loses $4,000 in toll road text scam

  16-08-2022 22:44 via abc.net.au
  
  A Gold Coast woman issues a warning to drivers after $4,000 was charged to her credit card by text message scammers posing as toll road operator Linkt. 
  
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• Tourism leader calls for regulation on short-stay properties as housing crisis worsens

  16-08-2022 22:30 via abc.net.au
  
  Daylesford's councillors have already knocked back a higher rates system for short-term accommodation owners. Now its peak tourism body says it's time for government intervention. 
  
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• Live: NSW Now: NSW Premier's role in lucrative London trade role recruitment scrutinised by Opposition

  16-08-2022 22:00 via abc.net.au
  
  MORNING BRIEFING: The NSW Opposition is questioning the role Premier Dominic Perrottet played in the recruitment and appointment of the state's London-based agent-general.
  
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• Insurance costs are set to soar for thousands of Australians. These are the areas facing the biggest hikes

  16-08-2022 21:00 via abc.net.au
  
  One million households in Australia already face "extreme" levels of insurance stress, new research warns. Exclusive data reveals how every council area ranks.
  
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• How climate change is pushing insurance stress to new extremes

  16-08-2022 21:00 via abc.net.au
  
  Escalating climate risks are pushing insurance stress to new extremes, new data warns. How does your household compare?
  
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• ABCC not dead yet as the doomed watchdog keeps fighting in court

  16-08-2022 20:49 via abc.net.au
  
  The government vowed to shut the Australian Building and Construction Commission. But the agency is still launching court cases against its key opponent, construction union the CFMMEU.
  
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• Premium real estate leads regional house price fall as ANZ tips 18pc nationwide property slump

  16-08-2022 20:46 via abc.net.au
  
  Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.
  
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• Premium real estate leads regional house price fall as ANZ tips 18 per cent nationwide property slump

  16-08-2022 20:46 via abc.net.au
  
  Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.
  
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• ANZ tips 18pc national house price slump as 'regional prices look to have peaked'

  16-08-2022 20:46 via abc.net.au
  
  Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.
  
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• No council support for Karrinyup West

  16-08-2022 15:52 via businessnews.com.au
  
  A redesign of the Karrinyup West apartments did little to sway Stirling councillors who stood firm in their opposition to the $390 million development.
  
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• Food crisis looms in Sri Lanka as fertiliser shortage stunts rice crop

  16-08-2022 12:06 via abc.net.au
  
  Sri Lanka has been self-sufficient when it comes to rice for decades. Now fertiliser and fuel shortages mean it will have to rely on foreign aid to import hundreds and thousands of tonnes of food to feed its people.
  
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• BHP propels ASX up 0.6pc to 10-week high

  16-08-2022 10:13 via businessnews.com.au
  
  The ASX200 has risen 0.6 per cent to close at its best level since June 8, following a record year for mining giant BHP.
  
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• New leadership gigs for Slattery, Basto

  16-08-2022 10:10 via businessnews.com.au
  
  BHP’s petroleum boss Geraldine Slattery will lead the company’s Australian operations, replacing Edgar Basto who will become the company’s first chief operating officer.
  
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• Commonwealth Bank accused of not paying long service leave to 20 former employees

  16-08-2022 09:43 via abc.net.au
  
  A spokesperson for Commonwealth Bank says the underpayment of staff was "unacceptable" and the employees concerned have now been paid.
  
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• Mr Brainwash draws a crowd in Perth

  16-08-2022 09:34 via businessnews.com.au
  
  Los Angeles-based street artist Thierry Guetta’s first Australian solo exhibition, Perth is Beautiful, has raked in more than $1 million in sales since it opened at Gulloti Galleries last week.
  
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• At Close of Business 16 August 2022

  16-08-2022 09:30 via businessnews.com.au
  
  Senior journalist Matt Mckenzie reflects on his recent visit to St Louis and what Perth's policymakers can learn from a city that once hosted the Olympics and is now in decline.
  
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• McGowan defends Metronet as delayed Airport link opens

  16-08-2022 09:12 via businessnews.com.au
  
  Premier Mark McGowan has staunchly defended the state government’s blowout-marred Metronet projects, as Perth’s new $1.9 billion airport rail line opens two years behind schedule.
  
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• Rio’s copper takeover rejected

  16-08-2022 08:51 via businessnews.com.au
  
  Rio Tinto subsidiary Turquoise Hill Resources has rejected a $US2.7 billion takeover proposal launched by the iron ore miner back in March.
  
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• Bid boosts wealth for Norgard, Newman

  16-08-2022 07:51 via businessnews.com.au
  
  Two low-key Western Australian business people are set for a windfall outcome if a $1 billion takeover bid for Perth-founded mapping business Nearmap is successful.
  
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• Bid boost wealth for Norgard, Newman

  16-08-2022 07:51 via businessnews.com.au
  
  Two low-key Western Australian business people are set for a windfall outcome if a $1 billion takeover bid for Perth-founded mapping business Nearmap is successful.
  
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• Seven West Media launches share buyback

  16-08-2022 07:50 via businessnews.com.au
  
  Seven West Media will buy back up to 10 per cent of its shares, following a boost to revenue for 2021/22 but a drop in after-tax profits.
  
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• Brisbane meatworks underpays staff more than $2.5 million

  16-08-2022 07:33 via abc.net.au
  
  A Brisbane abattoir and meat processing facility has back paid employees more than $2.5 million, but unions warn workers from other companies could be affected.
  
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• Freo's civic centre budget balloons

  16-08-2022 07:02 via businessnews.com.au
  
  A City of Fremantle report has revealed constructions for its new civic centre have blown out by $16 million.
  
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• Freo civic centre budget balloons

  16-08-2022 07:02 via businessnews.com.au
  
  A City of Fremantle report has revealed construction costs for its new civic centre have blown out by $16 million.
  
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• Lord mayor snub not political says Cook

  16-08-2022 06:48 via businessnews.com.au
  
  The deputy premier Roger Cook doesn't believe Perth's lord mayor Basil Zempilas is being deliberately sidelined.
  
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• Fire adds to Koolan Island headwinds

  16-08-2022 06:19 via businessnews.com.au
  
  Mount Gibson Iron is assessing the damage caused by a fire at its Koolan Island operation last week and forewarned investors of a $150 million write-down on the asset due to waning commodity prices.
  
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• St Louis: US heart feels a little empty

  16-08-2022 06:06 via businessnews.com.au
  
  There are lessons for WA in the story of Olympic city St Louis, which struggled to survive an economic transition.
  
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• Murdoch up as UWA keeps edge

  16-08-2022 06:00 via businessnews.com.au
  
  Murdoch has improved its standing in a major global university ranking with UWA narrowly retaining a spot in the list's top 100.
  
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• Final Tasmanian salmon giant set to go to foreign hands amid concern over future transparency

  16-08-2022 05:26 via abc.net.au
  
  These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.
  
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• Canada's Cooke Aquaculture set to snap up last Australian-owned salmon giant, Tassal

  16-08-2022 05:26 via abc.net.au
  
  These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.
  
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• Forrestdale microbrewery planned

  16-08-2022 04:00 via businessnews.com.au
  
  The 1000-person venue in Forrestdale’s Business Park is expected to open by mid-2024, after a deal was struck between a local developer and Limestone Coast Brewing.
  
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• Morrison defends ministerial intervention

  16-08-2022 03:54 via businessnews.com.au
  
  Former prime minister Scott Morrison has defended his move to be sworn into a number of portfolios, saying the pandemic was an unprecedented time.
  
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• BHP racks up $US24bn profit

  16-08-2022 03:49 via businessnews.com.au
  
  BHP shareholders will receive a big payout after underlying profits soared during the financial year, though the mining major has braced for more inflationary pressures and expansion costs.
  
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• Direct Busselton-Melbourne flights a hit with locals, but are Melburnians visiting WA?

  16-08-2022 03:07 via abc.net.au
  
  Local tour operators say the packed flights aren't filled with tourists, but with people visiting family and friends. 
  
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• London agent-general's brief 'massaged' before appointment, 'disturbing' emails reveal

  16-08-2022 02:38 via abc.net.au
  
  Emails sent before the recruitment of the state's agent-general to the UK, Stephen Cartwright, are "disturbing", says the Opposition, and raise serious questions about the appointment process for the role. 
  
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• Ian Chappell retires from cricket commentary after 45 years

  16-08-2022 02:11 via abc.net.au
  
  Known for his forthright opinions on everything from batting technique to the way the sport was governed, Ian Chappell says he is retiring after health issues in recent years made the demands of the job harder.
  
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• Business with 80 job vacancies can't find workers as industry pressure ramps up

  16-08-2022 01:20 via abc.net.au
  
  The national worker shortage leaves a Queensland business owner struggling — as a new report finds a lack of staff is the main impediment to businesses being able to grow.
  
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• Miners remain trapped in Mexico after 13 days as surging water delays rescue efforts

  16-08-2022 01:10 via abc.net.au
  
  A surge of water from a nearby mine forces rescuers to abandon their plans, with a video camera lowered into the shaft revealing floating debris of pipes and cables. 
  
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• First look at new Brisbane Metro Cultural Centre station

  16-08-2022 00:34 via abc.net.au
  
  Brisbane City Council releases images of the new-look Cultural Centre station as works start in preparation for the transport hub to welcome its first Brisbane Metro services in 2024.
  
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• It’s known for treacherous conditions, but money promised to upgrade this road is nowhere to be seen

  16-08-2022 00:15 via abc.net.au
  
  After years of lobbying, outback residents thought they had finally won funding to seal a missing link between Australia's north and south. But the wait continues.
  
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