Analyst news

• Coles posts higher annual profit as online sales jump; ASX to rise

  23-08-2022 23:44 via abc.net.au
  
  Australian shares are expected to start the day slightly higher despite global equity markets declining as investors mull how hawkish the US Fed will be this week.
  
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• Coles flags higher costs as inflation bites, WiseTech jumps on earnings, ASX rises

  23-08-2022 23:44 via abc.net.au
  
  Australian shares have risen after two straight sessions of falls, with energy and mining stocks leading the recovery on firm commodity prices, while concerns over aggressive rate hikes and slowing growth across the globe checked risk appetite.
  
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• Coles flags higher costs as inflation bites; ASX rises

  23-08-2022 23:44 via abc.net.au
  
  Australian shares are expected to start the day slightly higher despite global equity markets declining as investors mull how hawkish the US Fed will be this week.
  
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• ASX to rise despite Wall Street ending down as investors eye slowing economy and oil bounces

  23-08-2022 23:44 via abc.net.au
  
  Australian shares are expected to start the day slightly higher despite global equity markets declining as investors mull how hawkish the US Fed will be this week.
  
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• Mundi Mundi Bash leaves outback businesses 'pleasantly surprised' with trading

  23-08-2022 23:29 via abc.net.au
  
  As tourists depart from the Mundi Mundi Plains after this year's second festival, they leave a boost in revenue for businesses across far west NSW.
  
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• Live: NSW now: Labor Leader Minns backs Bankstown MP accused of bullying

  23-08-2022 23:00 via abc.net.au
  
  MORNING BRIEFING: A NSW state Labor MP accused of bullying says she "completely rejects the assertions" in claims raised just days after similar allegations were levelled at a colleague.
  
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• Queensland Star casino concerns referred to regulator that approved shareholder with alleged crime links

  23-08-2022 21:43 via abc.net.au
  
  Queensland's Attorney-General Shannon Fentiman refers revelations of crime links involving a key shareholder of Brisbane's new casino back to the same regulator that didn't spot them in 2015.
  
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• Victorian state logging company illegally cut down part of endangered possum habitat, audit finds

  23-08-2022 20:56 via abc.net.au
  
  Victoria's government-owned logging company VicForests illegally cleared protected Leadbeater's possum habitat and broke the law in 25 out of 30 of its logging areas, according to a government-commissioned audit of its activities.
  
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• Habitat of endangered possum illegally chopped down by state logging company, audit finds

  23-08-2022 20:56 via abc.net.au
  
  Victoria's government-owned logging company VicForests illegally cleared protected Leadbeater's possum habitat and broke the law in 25 out of 30 of its logging areas, according to a government-commissioned audit of its activities.
  
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• Thirteen factory workers sue major Australian corporation over forced labour allegations

  23-08-2022 20:37 via abc.net.au
  
  Shuvo still has flashbacks about what happened to him inside a glove factory in Malaysia. He now wants justice for himself, and the 25 million other people across the world in forced labour conditions.
  
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• Thirteen factory workers are suing a major Australian corporation over allegations it ‘knowingly profited’ off their forced labour

  23-08-2022 20:37 via abc.net.au
  
  Shuvo still has flashbacks about what happened to him inside a glove factory in Malaysia. He now wants justice for himself, and the 25 million other people across the world in forced labour conditions.
  
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• An Australian corporation is accused of 'knowingly profiting' off the labour of slaves. Shuvo is one of them

  23-08-2022 20:37 via abc.net.au
  
  Shuvo still has flashbacks about what happened to him inside a glove factory in Malaysia. He now wants justice for himself, and the 25 million other people across the world in forced labour conditions.
  
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• An Australian corporation is accused of 'knowingly profiting' off the labour of slaves. Shuvo is one of them

  23-08-2022 20:37 via abc.net.au
  
  Shuvo still has flashbacks about what happened to him inside a glove factory in Malaysia. He now wants justice for himself, and the 25 million other people across the world in forced labour conditions.
  
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• Lachlan Murdoch sues Crikey for defamation over article about January 6 riots

  23-08-2022 13:18 via abc.net.au
  
  The News Corp and Fox chairman launches proceedings in the Federal Court after Crikey challenged him to sue the publisher this week.
  
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• Senior bureaucrat involved in John Barilaro's recruitment no longer Investment NSW chief

  23-08-2022 11:09 via abc.net.au
  
  Department confirms bureaucrat at the centre of John Barilaro's controversial New York job is no longer the chief executive role of Investment NSW.
  
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• ASX falls 1.2pc to near three-week low

  23-08-2022 10:13 via businessnews.com.au
  
  The local share market has neared a three-week low as sentiment worsens ahead of the Jackson Hole meeting of central bankers in the United States.
  
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• Westgold, Ramelius flag write-downs

  23-08-2022 10:10 via businessnews.com.au
  
  Westgold Resources has braced investors for a hefty write-down across several assets ahead of its full-year results this week, mirroring a similar update by fellow mid-tier Ramelius Resources.
  
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• Pressure on jobs summit to provide labour solution

  23-08-2022 09:54 via businessnews.com.au
  
  National Farmers' Federation boss Tony Mahar says state and federal governments are not doing enough to alleviate staffing shortages, leaving the industry searching for 150,000 workers.
  
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• Investors welcome Austin acquisition

  23-08-2022 09:53 via businessnews.com.au
  
  Austin Engineering has struck a deal to buy Queensland-based mining equipment manufacturer Mainetec, with an initial payment of $19.6 million.
  
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• WestStar books $13m in contracts

  23-08-2022 09:40 via businessnews.com.au
  
  West Australian manufacturer WestStar Industrial has secured $13 million worth of contracts and awards through its subsidiaries, Alltype Engineering and SIMPEC.
  
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• At Close of Business 23 August 2022

  23-08-2022 09:31 via businessnews.com.au
  
  Political editor Gary Adshead explains why the announcement of an Aboriginal Cultural Centre has been overshadowed by a Seinfeldian spat between the premier and Perth's lord mayor.
  
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• People power brings EZY-Sauce back to supermarket shelves in good news for picklers and sauce makers

  23-08-2022 09:17 via abc.net.au
  
  After thousands of customer complaints, Wild's EZY-Sauce, popular among home cooks and sauce makers, will return to supermarket shelves.
  
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• Pilbara turns first profit on lithium surge

  23-08-2022 09:00 via businessnews.com.au
  
  Growing demand for lithium raw materials has boosted Pilbara Minerals’ sales revenues by more than $1 billion in 12 months, delivering the company’s first full-year profit.
  
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• MinRes returns fire at Pigozzo

  23-08-2022 08:30 via businessnews.com.au
  
  Claims of insider trading and delivering $8 million in contracts to associates have been lobbed by MinRes against sacked manager-turned-’whistleblower’ Steven Pigozzo.
  
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• Brisbane LNP councillors dismiss 'unhinged, anti-car' Greens proposal for 30kph streets

  23-08-2022 07:50 via abc.net.au
  
  Brisbane Greens councillor Jonathan Sriranganathan's second attempt at installing 30kph speed limits on Brisbane streets is voted down in council chambers.
  
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• Sydney train disruptions to continue despite union flagging potential 'breakthrough'

  23-08-2022 07:26 via abc.net.au
  
  The Rail, Tram and Bus Union secretary says its battle with the NSW government could be easing but action planned for this week is "too far gone" to wind back.
  
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• WA community sport with $10.3bn return

  23-08-2022 07:19 via businessnews.com.au
  
  SportWest’s first ever social return on investment study has shown a cost benefit of $10.3 billion per annum from West Australian organised sport.
  
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• Electricians are in demand, so why are almost 40pc of apprentices considering quitting?

  23-08-2022 06:57 via abc.net.au
  
  Electricians are in massive demand, yet a survey of training electricians found a large number were considering quitting their apprenticeship.
  
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• Industry slams social housing quota plan

  23-08-2022 06:43 via businessnews.com.au
  
  The City of Stirling has backed off on its plan to introduce a social housing quota for future developments following feedback from industry groups, including Adrian Fini's group.
  
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• Labour a ‘major’ challenge for Monadelphous

  23-08-2022 06:18 via businessnews.com.au
  
  Monadelphous has lifted profits by 11 per cent following a busy pipeline of work throughout the year, but says an acute skilled labour shortage is constraining operations.
  
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• 'Pretty extreme' coastal erosion threatens marine rescue headquarters

  23-08-2022 06:04 via abc.net.au
  
  Rapid coastal erosion at Point Moore could force Marine Rescue Geraldton to relocate by the end of the year.
  
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• New Australian houses might need a total redesign. Here's why some states won't change construction codes

  23-08-2022 06:04 via abc.net.au
  
  Should newly built homes have to be accessible for frail elderly people or people with a disability?
  
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• Erosion threatens marine rescue headquarters

  23-08-2022 06:04 via abc.net.au
  
  Rapid coastal erosion at Point Moore could force Marine Rescue Geraldton to relocate by the end of the year.
  
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• Morrison "undermined" democratic system

  23-08-2022 05:35 via businessnews.com.au
  
  The Scott Morrison ministerial appointments scandal will face a further inquiry in the wake of a scathing report into his actions by Australia’s Solicitor-General Stephen Donaghue.
  
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• $300m wind farm clears green hurdle

  23-08-2022 05:30 via businessnews.com.au
  
  Environmental regulators have waved through plans for a 150 megawatt wind farm in the Wheatbelt, deeming it not to need full assessment.
  
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• Green light for contentious WA urea plant

  23-08-2022 04:48 via businessnews.com.au
  
  Environment Minister Tanya Plibersek has rejected an application to pause works on a contentious West Australian fertiliser plant.
  
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• 'Valuable' legless lizard discovery near proposed Hunter coal mine expansion

  23-08-2022 04:42 via abc.net.au
  
  There are calls to postpone the ruling on a mine expansion in the Hunter Valley after the discovery of a new species of legless lizard in the area.
  
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• Legless lizard discovery prompts delay of coal mine expansion determination

  23-08-2022 04:42 via abc.net.au
  
  The ruling on a coal mine expansion in the Hunter Valley is being postponed after the discovery of a new species of legless lizard in the area.
  
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• $1 billion gas project denied express approval process

  23-08-2022 04:26 via abc.net.au
  
  Tanya Plibersek has knocked back a request to exempt an energy project from assessment against environmental laws, saying she was "not satisfied" it was in the national interest.
  
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• ARTS REVIEW: West side story strikes gold with new vein

  23-08-2022 03:30 via businessnews.com.au
  
  An opera in hi-vis? Puccini’s La fanciulla del West translates almost too well to a WA mine site, writes Bourby Webster.
  
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• Migrant boost calls to solve skills crisis

  23-08-2022 03:28 via businessnews.com.au
  
  Deputy Prime Minister Richard Marles has called for a boost in migration levels to help solve the country's skills shortage.
  
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• Plibersek will not block controversial $4.5 billion fertiliser plant in Pilbara

  23-08-2022 02:46 via abc.net.au
  
  Despite concerns for Aboriginal heritage in the area, the federal government is electing not to intervene in the development of the plant.
  
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• South32 scraps plans to extend coal mine beneath Sydney water catchment

  23-08-2022 02:06 via abc.net.au
  
  Australian mining company South32 has announced it will not proceed with a plan to extend its Dendrobium coal mine beneath Sydney's drinking water catchment.
  
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• Coal mining company scraps plans to extend mine under Sydney water catchment

  23-08-2022 02:06 via abc.net.au
  
  Australian mining company South32 has announced it will not proceed with a plan to extend its Dendrobium coal mine beneath Sydney's drinking water catchment.
  
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• PeopleKind targets human services plays

  23-08-2022 02:00 via businessnews.com.au
  
  A Perth disability services organisation is banking on a diversification strategy to bring it back from the precipice.
  
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• High-intensity effort to lower emissions

  23-08-2022 02:00 via businessnews.com.au
  
  Hydrogen, exporting carbon storage, and reusing greenhouse gases are on the table as oil and gas players seek emissions cuts.
  
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• We fact checked the ACTU's Sally McManus on labour's share of GDP. Here's what we found

  23-08-2022 00:08 via abc.net.au
  
  ACTU secretary Sally McManus says worker's share of wealth is the lowest its ever been, pointing to the labour's share of income statistics as evidence. RMIT ABC Fact Check investigates.
  
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