Analyst news

• Toowoomba's biogas bid to convert landfill methane into carbon credits

  25-08-2022 23:58 via abc.net.au
  
  A new biogas project able to power the town's water reclamation plant is set to come online as early as next month.
  
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• The town turning its trash into treasure as it powers towards a greener future

  25-08-2022 23:58 via abc.net.au
  
  A new biogas project able to power this Queensland town's water reclamation plant is set to come online as early as next month.
  
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• Wesfarmers hit by COVID-19 disruptions, ASX edges higher as investors await US rates guidance

  25-08-2022 23:04 via abc.net.au
  
  The Australian share market edges higher as companies such as Wesfarmers report earnings results, and investors await guidance on interest rate hikes from the US central bank.
  
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• Wesfarmers hit by COVID-19 disruptions, ASX closes higher as investors await US rates guidance

  25-08-2022 23:04 via abc.net.au
  
  The Australian share market closes higher as companies such as Wesfarmers report earnings results, and investors await guidance on interest rate hikes from the US central bank.
  
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• ASX set to open slightly up, as Wall Street awaits interest rate guidance

  25-08-2022 23:04 via abc.net.au
  
  The Australian share market is expected to edge higher when trading begins, after Wall Street indices rose on positive economic data as investors await guidance on interest rate hikes from the US central bank.
  
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• Six months since Australia's border reopened, tourism operators have a question: Where the bloody hell are they?

  25-08-2022 21:02 via abc.net.au
  
  Figures show international tourist arrivals are less than half what they were pre-COVID, as backpackers continue to stay away.
  
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• Six months since Australia's border re-opened, tourism operators have a question: Where the bloody hell are they?

  25-08-2022 21:02 via abc.net.au
  
  Figures show international tourist arrivals are less than half what they were pre-COVID, as backpackers continue to stay away.
  
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• China's demand for Australian iron ore to stay 'strong', Australia's iron lady says

  25-08-2022 21:02 via abc.net.au
  
  Australia's iron lady, Elizabeth Gaines, says she doesn't expect global tensions to impact iron ore demand as she prepares for her final days running Fortescue Metals Group.
  
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• Tony Burke says he is 'very interested' in unions' proposal for multi-employer bargaining

  25-08-2022 11:54 via abc.net.au
  
  Employment Minister Tony Burke has expressed strong interest in a proposal put forward by the Australian Council of Trade Unions for multi-employer bargaining, saying he wants to see the idea "fleshed out".
  
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• Employment Minister Tony Burke 'really interested' in multi-employer bargaining proposal as jobs summit looms

  25-08-2022 11:54 via abc.net.au
  
  Employment Minister Tony Burke has expressed strong interest in a proposal put forward by the Australian Council of Trade Unions for multi-employer bargaining, saying he wants to see the idea "fleshed out".
  
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• Strike shipments put on pause

  25-08-2022 10:36 via businessnews.com.au
  
  Shares in Strike Resources fell 22 per cent following a decision to put iron ore deliveries on hold due to lower commodity prices, despite celebrating its maiden shipment this week.
  
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• $600m data centre for Belmont

  25-08-2022 10:34 via businessnews.com.au
  
  What could be the state’s largest data centre is planned on Abernethy Road in Belmont, in a $600 million development.
  
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• Minister steps in amid mine permit fears

  25-08-2022 10:33 via businessnews.com.au
  
  Mining Minister Bill Johnston has vowed to safeguard the state’s tenements register amid backlash from industry and legal professionals over a court ruling that threatens to nullify a host of permits.
  
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• ASX up 0.7pc on busiest earnings day

  25-08-2022 09:55 via businessnews.com.au
  
  The local share market has gained ground for a second session, especially in the energy and mining sectors, on the busiest day of the reporting season.
  
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• SRG secures contract for NSW tower

  25-08-2022 09:52 via businessnews.com.au
  
  SRG Global has landed a $65 million contract for work on a 39-storey office development in the Sydney CBD.
  
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• Calls for urgent safety upgrades on key Adelaide-Sydney trucking route

  25-08-2022 09:31 via abc.net.au
  
  The Mallee Highway is used by about 1,000 vehicles a day, but locals and the freight industry say it is dangerous and in "desperate" need of work.
  
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• Avid means probe reveals $26m debt

  25-08-2022 09:17 via businessnews.com.au
  
  A probe has cast doubt over AvidSys's ability to repay $1.3 million to contractor Decmil after it was revealed the company's debts exceed $26 million.
  
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• 'Scapegoat' property owners slam door on plea to open holiday homes to long-term renters

  25-08-2022 09:13 via abc.net.au
  
  There are almost five times as many short-stay properties available in this WA tourist hotspot as there are long-term rentals, but the owners say a desperate request from local government is taking the focus off the real source of the problem. 
  
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• Mount Gibson crimped by fire

  25-08-2022 08:39 via businessnews.com.au
  
  Mount Gibson Iron has disclosed that repairs to its Koolan Island processing plant will take at least four months, crimping its planned increase in iron ore sales.
  
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• Fire repairs delay Mount Gibson plans

  25-08-2022 08:39 via businessnews.com.au
  
  Mount Gibson Iron has disclosed that repairs to its Koolan Island processing plant will take at least four months, affecting its planned increase in iron ore sales.
  
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• Approval for Karrinyup West apartments

  25-08-2022 08:37 via businessnews.com.au
  
  The $390 million Karrinyup West development has been given the green light by a state government's assessment panel after a five-hour meeting today.
  
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• In Australia's north, venues are struggling to find staff. Can the federal jobs summit help them?

  25-08-2022 08:26 via abc.net.au
  
  After years of worker shortages and pandemic disruption, the hospitality and tourism industry in northern Australia is crying out for more staff. But operators say localised solutions are needed from next week's federal jobs summit.
  
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• At Close of Business 25 August 2022

  25-08-2022 08:22 via businessnews.com.au
  
  Political editor Gary Adshead talks about how a failed deal between the Department of Housing and Goldmaster resulted in WA losing a major opportunity to increase its supply of social housing.
  
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• Peet targets WA growth as profit booms

  25-08-2022 07:37 via businessnews.com.au
  
  The land developer says WA is poised for price growth, as it posts a record profit of $52.3 million at its full-year results.
  
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• Peet eyes WA growth as profit booms

  25-08-2022 07:37 via businessnews.com.au
  
  The land developer says WA is poised for price growth, as it posts a record profit of $52.3 million at its full year results.
  
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• Expert clears MACA takeover

  25-08-2022 07:32 via businessnews.com.au
  
  An independent expert has deemed Thiess’ $350 million friendly takeover for WA contractor MACA ‘fair and reasonable’, while intentions from rival bidder NRW are still unclear.
  
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• Coal company's record profit as global energy crisis fuels demand

  25-08-2022 07:13 via abc.net.au
  
  The surging price of coal has led to a multi-billion-dollar profit for Whitehaven Coal, which insists the future outlook for coal is strong despite the global push to reduce greenhouse gas emissions.
  
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• Green light for Engie, Yara hydrogen plant

  25-08-2022 06:35 via businessnews.com.au
  
  A development assessment panel has approved Engie and Yara Pilbara's $45 million hydrogen plant in the Burrup Strategic Industrial area.
  
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• Fears for whales, dolphins if 'incredibly damaging' seismic ocean blasts are approved

  25-08-2022 06:22 via abc.net.au
  
  If approved, this will be the largest seismic exploration project ever undertaken, with blasts louder than the Hiroshima bomb across an area larger than Tasmania.
  
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• Potash project grapples with delays, inflation

  25-08-2022 05:23 via businessnews.com.au
  
  BCI Minerals will hold off on awarding any new contracts to construct its $1.2 billion salt and potash project in light of inflationary pressures besetting the sector.
  
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• Environmental watchdog slaps one of Australia's largest gold mines with maximum fine over dust pollution

  25-08-2022 04:36 via abc.net.au
  
  The New South Wales' environmental watchdog said the dust pollution at Cadia Hill gold mine near Orange occurred after a tailings facility dried out.
  
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• Environmental watchdog slaps of one Australia's largest gold mines with maximum fine over dust pollution

  25-08-2022 04:36 via abc.net.au
  
  The New South Wales' environmental watchdog said the dust pollution at Cadia Hill gold mine near Orange occurred after a tailings facility dried out.
  
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• Environmental watchdog slaps Australia's largest gold mine with maximum fine over dust pollution

  25-08-2022 04:36 via abc.net.au
  
  The New South Wales' environmental watchdog said the dust pollution occurred after a tailings facility dried out.
  
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• Government now wants Goldmaster gone

  25-08-2022 03:20 via businessnews.com.au
  
  A costly public investment in a private company has come up short, and with it an opportunity for more public housing.
  
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• Qantas posts $1.9bn loss

  25-08-2022 02:47 via businessnews.com.au
  
  Qantas has reported an annual underlying pre-tax loss of $1.86 billion as travel restrictions due to the pandemic disrupted air travel.
  
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• 'I'm sick of it': Sydney commuters face more pain today as rail network disrupted

  25-08-2022 02:47 via abc.net.au
  
  It's another day of cramped and delayed travel on the Sydney train network but the rail union says the government's latest commitment to make safety modifications could mark the end of the long-running industrial action.
  
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• Sentinel partners with PGGM

  25-08-2022 02:00 via businessnews.com.au
  
  The Australian arm of the international build-to-rent developer has partnered with Dutch pension fund manager PGGM to deliver $1.5 billion of BTR developments.
  
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• Woolworths posts $1.5b profit as shoppers cut back on beef and fresh vegetables

  25-08-2022 01:25 via abc.net.au
  
  Woolworths reports its annual profit was almost flat as product shortages caused by floods in NSW and Queensland earlier this year, and COVID-19 outbreaks lead to a surge in sick workers taking days off.
  
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• Woolworths posts $1.5b profit amid COVID-19 outbreaks and supply shortages

  25-08-2022 01:25 via abc.net.au
  
  Woolworths reports its annual profit rose slightly despite product shortages caused by floods in NSW and Queensland earlier this year, and COVID-19 outbreaks leading to a surge in sick workers taking days off.
  
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• Amalgamated council to demerge after five years of 'toil and tears', financial woes

  25-08-2022 01:02 via abc.net.au
  
  After years of issues and financial woes, Minister for Local Government Wendy Tuckerman has announced Cootamundra-Gundagai Regional Council has been successful in its second attempt to demerge.
  
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• 'You mongrels': Family says they will be homeless amid Oracle Homes collapse

  25-08-2022 00:45 via abc.net.au
  
  A grandmother says her family will be homeless by the end of the week because of the collapse of Queensland building company Oracle Homes, with an estimated 300 homes left unfinished. 
  
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• 'Ultimately their houses will be built': Hope for hundreds of families after Oracle Homes collapse

  25-08-2022 00:45 via abc.net.au
  
  Families who have been left in the lurch by the collapse of Queensland construction company Oracle Homes should be covered by a "safety net", Master Builders say.
  
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• Hundreds forced to walk, trains delayed after Eurotunnel fault

  25-08-2022 00:37 via abc.net.au
  
  400 people had to abandon their vehicles and walk through an adjoining service tunnel in the world's longest undersea tunnel. 
  
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• Qantas's Alan Joyce dismisses union calls to resign after airline chaos, announces profit loss halved

  25-08-2022 00:25 via abc.net.au
  
  Qantas roughly halves its full-year loss to $860 million, as revenue jumps 54 per cent from 2021, when state and international border closures affected air travel more severely.
  
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• Qantas loss halves as revenue jumps 54pc on border reopening travel surge

  25-08-2022 00:25 via abc.net.au
  
  Qantas roughly halves its full-year loss to $860 million, as revenue jumps 54 per cent from 2021, when state and international border closures affected air travel more severely.
  
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• 'Lining up for my blood': Qantas CEO Joyce resists union calls for resignation as airline posts $860m loss

  25-08-2022 00:25 via abc.net.au
  
  Qantas roughly halves its full-year loss to $860 million, as revenue jumps 54 per cent from 2021, when state and international border closures affected air travel more severely.
  
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• Solomon Islands to ban foreign journalists entry into country over 'demeaning' coverage

  25-08-2022 00:08 via abc.net.au
  
  The Solomon Islands government seemingly confirms it will block some foreign journalists from entering the country, declaring that reporters who are "demeaning" or engage in "racial profiling" by attacking its ties with China will be banned.
  
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• Solomon Islands threatens to ban foreign journalists entry into country over 'demeaning' coverage

  25-08-2022 00:08 via abc.net.au
  
  The Solomon Islands government seemingly confirms it will block some foreign journalists from entering the country, declaring that reporters who are "demeaning" or engage in "racial profiling" by attacking its ties with China will be banned.
  
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• An uninhabited boss's mansion and potential movie studio among significant sites on BlueScope's spare land for lease

  25-08-2022 00:02 via abc.net.au
  
  Among more than 200 hectares of unused land owned by BlueScope in suburban Wollongong are several significant and historical structures that are abandoned relics of by-gone eras of the steelmaking business. 
  
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