Analyst news

• ASX to gain after Wall Street edges higher

  18-08-2022 23:31 via abc.net.au
  
  The Australian share market is set to climb after Wall Street closed in positive territory. AGL, Stockland and Newcrest will report their financial results. 
  
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• ASX gains, but AGL's profit plummets

  18-08-2022 23:31 via abc.net.au
  
  The Australian share market has edged higher in early trade as investors digest corporate earnings results, with profits down at AGL, Ingham's and Newcrest. 
  
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• ASX gains, but AGL profit plummets

  18-08-2022 23:31 via abc.net.au
  
  The Australian share market has edged higher in early trade as investors digest corporate earnings results, with profits down at AGL, Ingham's and Newcrest. 
  
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• ASX closes flat, as profit falls at AGL, Ingham's, TPG and others

  18-08-2022 23:31 via abc.net.au
  
  The Australian share market closes flat as investors digested corporate earnings results, with profits down at AGL, Ingham's and Newcrest and TPG. 
  
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• Fuel contamination issues plague east Brisbane servo

  18-08-2022 22:28 via abc.net.au
  
  A service station operator says it is investigating claims of contaminated fuel from a site in Brisbane's east as more customers come forward with tales of broken-down vehicles and costly repair bills.
  
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• 'The pressure is getting harder': Residents in multicultural suburbs struggle with mortgage stress

  18-08-2022 22:16 via abc.net.au
  
  Migrants are at the forefront of Australia's mortgage stress crisis, financial experts say, with boom suburbs in Melbourne's fringe filled with owners struggling to make repayments.
  
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• In Melbourne's outer suburbs, debt collection has 'ramped up' for mortgage holders

  18-08-2022 22:16 via abc.net.au
  
  Migrants are at the forefront of Australia's mortgage stress crisis, financial experts say, with boom suburbs in Melbourne's fringe filled with owners struggling to make repayments.
  
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• Adelaide hospital workers go on strike for free parking but nurses pull out of protest

  18-08-2022 22:05 via abc.net.au
  
  The lowest-paid workers in South Australia's health system will walk off the job today in protest of the state government's decision to once again charge hospital workers for parking. 
  
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• Labor signals new fuel standards in bid to boost electric vehicle uptake

  18-08-2022 20:47 via abc.net.au
  
  Australia is currently not among the 80 per cent of the global car market now follows 'Euro 6' vehicle emission standards, including Europe, the United States, Japan, Korea, China, India and Mexico.
  
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• As the housing market continues to slide, some homeowners could face 'mortgage prison'

  18-08-2022 20:39 via abc.net.au
  
  Australian house prices may be falling at their fastest pace in more than a decade, but the CEO of real estate website Domain says the property market is simply going from red hot to normal.
  
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• US to hold trade talks with Taiwan, potentially undermining China's role as biggest trade partner

  18-08-2022 10:53 via abc.net.au
  
  The announcement came after Beijing held military drills that included firing missiles into the sea to intimidate Taiwan.
  
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• ASX snaps winning streak with 0.2pc dip

  18-08-2022 10:05 via businessnews.com.au
  
  The Australian share market has finished lower for the first time this week, declining 0.2 per cent as tech, mining and utilities lagged.
  
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• Sevenhill plays to its strengths

  18-08-2022 10:04 via businessnews.com.au
  
  A historic, iconic Clare Valley winery is working to produce some more modern wines with added finesse and complexity.
  
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• Peet with Australia-first green home

  18-08-2022 09:45 via businessnews.com.au
  
  The developer has delivered Australia’s first two-storey nine-plus star NatHERS rated home at its Brabham estate.
  
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• NRW ‘disappointed’ by MACA knock-back

  18-08-2022 09:38 via businessnews.com.au
  
  NRW Holdings has confirmed its $375 million bid for WA’s largest mining services business MACA was rejected despite putting in a higher offer than rival bidder Thiess.
  
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• Landau pleads guilty to theft, forgery

  18-08-2022 09:31 via businessnews.com.au
  
  Former dealmaker Peter Landau has pleaded guilty to theft, forgery and providing false documents to the corporate watchdog during his time at two failed exploration companies.
  
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• At Close of Business 18 August 2022

  18-08-2022 09:30 via businessnews.com.au
  
  Jordan Murray dissects the latest push for local government reform and how it stacks up against recent efforts to overhaul the sector.
  
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• Potash play in crucial capital raise

  18-08-2022 08:49 via businessnews.com.au
  
  Kalium Lakes has copped a 50 per cent haircut on its share price to raise $22 million in much-needed capital for its Beyondie sulphate of potash project.
  
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• Woodside adjusts Browse environmental plan

  18-08-2022 08:40 via businessnews.com.au
  
  Woodside Energy has removed four wells from plans for the Browse LNG project, reducing the impact on a green turtle nesting habitat, environmental documents show.
  
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• Incident at One Subiaco construction site

  18-08-2022 08:33 via businessnews.com.au
  
  A platform suspended about seven-storeys high has reportedly tilted two floors, causing the construction site at One Subiaco to be closed off.
  
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• Would you pay an extra $12,000 in rates to have your power lines put underground?

  18-08-2022 08:32 via abc.net.au
  
  Residents of a small coastal town have agreed to fork out tens of thousands of dollars to have one less interruption to their ocean views.
  
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• Brisbane ferry terminal repair timeline pushes out to December

  18-08-2022 07:32 via abc.net.au
  
  The council's transport committee chairman Ryan Murphy says North Quay and the Regatta terminals will take the longest to repair after sustaining the most damage during February's floods.
  
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• Airbnb is rolling out 'anti-party' technology to weed out people trying to break its party ban. Here's how it'll target them

  18-08-2022 07:26 via abc.net.au
  
  The company says "no system is perfect" but it's optimistic these new measures will reduce unauthorised parties. 
  
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• Solomon Islands takes out $100 million loan from China to build Huawei mobile phone towers

  18-08-2022 07:19 via abc.net.au
  
  Solomon Islands authorities say the proposed 161 mobile phone towers will expand and improve coverage and that the loan to fund it will be repayable, but experts have questioned if the financial case for the project stacks up.
  
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• Track lowered and bridges raised. Report outlines Inland Rail's impact on southern communities

  18-08-2022 07:02 via abc.net.au
  
  An environmental impact statement on the Albury to Illabo section of the project outlines significant impacts on several communities.
  
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• South Gippsland towns' main access road cut off due to flooding, with more rain forecast

  18-08-2022 06:30 via abc.net.au
  
  Inverloch-Venus Bay Road, which connects Tarwin Lower and Venus Bay to Inverloch, has been closed since Tuesday. Another cold front is expected to bring further heavy falls in the region early next week
  
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• Mine operator fined for spill

  18-08-2022 06:28 via businessnews.com.au
  
  A WA mine operator has been fined after an investigation found the company spilled a large volume of hypersaline water and killed native vegetation.
  
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• Jobless rate falls to 3.4 per cent

  18-08-2022 06:00 via businessnews.com.au
  
  Australia's unemployment rate has fallen to its lowest in almost five decades with more positions open than jobseekers to fill them.
  
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• Ex-partner, Jackson McDonald board in exit stoush

  18-08-2022 05:59 via businessnews.com.au
  
  A former partner at the state’s largest independent law firm, Jackson McDonald, is suing all fourteen of its board members over allegations she was prematurely booted and stripped of her entitlements.
  
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• Council warns over potential risks of unapproved shipping container homes as housing crisis rolls on

  18-08-2022 05:50 via abc.net.au
  
  As housing and construction delays persist across the country, a regional South Australian council is warning people living in unapproved shipping container homes to be wary of potential health and environmental risks.
  
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• Quintis puts NT sandalwood farm on market before harvesting a single tree

  18-08-2022 05:42 via abc.net.au
  
  A company that for seven years has been growing indian sandalwood on a former NT cattle station is looking to offload the property that has "underperformed for a variety of reasons".
  
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• ACCC flags concerns on Qantas, Alliance acquisition

  18-08-2022 04:53 via businessnews.com.au
  
  Qantas' $614 million takeover of resources sector charter flights provider Alliance Airlines could be heading into turbulence.
  
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• Unemployment falls again to a new low, but the cause of the fall is not good news

  18-08-2022 03:38 via abc.net.au
  
  Unemployment falls to a new, 48-year low, but the move lower was driven entirely by a sharp drop in the number of people in work or looking for it.
  
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• WA city wants cashless debit to stay, citing 'decline in problems'

  18-08-2022 03:30 via abc.net.au
  
  Mayor says social problems have eased since the introduction of the cashless debit card and calls for alternatives if the card is scrapped.
  
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• How this millennial found gainful work after an eight-year unemployment 'roller-coaster'

  18-08-2022 03:27 via abc.net.au
  
  It took Renee Perrow eight years to get a full-time job. Others like her are trapped in long-term unemployment but charities say they are an untapped solution to the labour shortage.
  
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• Helene's not afraid to ruffle feathers in her fight against another FIFO camp in her town

  18-08-2022 03:06 via abc.net.au
  
  The local council has given the $164 million mining camp its unanimous support, but some locals in the Goldfields town of Kambalda are petitioning against the 1,500-room development, fearing it could cause their small town to "die off".
  
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• Origin posts FY22 loss amid energy turmoil

  18-08-2022 03:03 via businessnews.com.au
  
  Amid "an almost unparalleled year" for energy markets, Origin Energy has posted a loss of $1.429 billion, reflecting a $2.196 billion impairment charge.
  
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• Carey sells pragmatic reform process

  18-08-2022 03:00 via businessnews.com.au
  
  Local government reform is finally on track in WA, but some observers remain unconvinced what’s on offer is bold enough.
  
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• One Click raising hits $5.5m

  18-08-2022 02:58 via businessnews.com.au
  
  UUV Aquabotix will go ahead with a reverse takeover of emerging consumer fintech One Click Life after a successful fund raising effort that resulted in the maximum $5.5 million being accepted after oversubscriptions.
  
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• Fuel and fertiliser costs added to the price of potatoes as growers reach deal with processor

  18-08-2022 02:23 via abc.net.au
  
  A levy has been added to this year's contract between McCain Foods and potato growers in South Australia to reflect volatile fuel and fertiliser prices.
  
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• Brisbane botanic gardens to host permanent night light show but Greens concerned for nocturnal animals

  18-08-2022 01:59 via abc.net.au
  
  Brisbane City Council plans to allow a permanent light show in the botanic gardens, but there are concerns the Australian-first project is "commercialising a public asset" and light pollution will impact local wildlife.
  
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• 30kph 'safe' streets are popping up around WA to encourage cycling, but are they working?

  18-08-2022 00:01 via abc.net.au
  
  The WA government is set to drop the speed limit to 30kph on close to a dozen more streets in Perth and regional WA after seeing an increase in pedestrians and cyclists in areas where the speed limit has been lowered.
  
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