Analyst news

• Decades after Vincent Lingiari led the Wave Hill walk-off, the battle for Aboriginal land rights rages on

  26-08-2022 22:28 via abc.net.au
  
  It's been 56 years since Vincent Lingiari paved the way for the Aboriginal land rights movement with the Wave Hill walk-off. But his descendants continue that fight today. 
  
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• Moderna sues Pfizer and BioNTech for patent infringement over COVID vaccine

  26-08-2022 21:38 via abc.net.au
  
  Moderna has sued Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic.
  
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• The 'powerhouse' real estate city dragging NZ house prices down as buyers hide in the shadows

  26-08-2022 21:04 via abc.net.au
  
  Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?   
  
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• In the four weeks their house was on the market, they watched the price drop by over $100k

  26-08-2022 21:04 via abc.net.au
  
  Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?   
  
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• In the four weeks their house was on the market, they watched the price drop by $120,000

  26-08-2022 21:04 via abc.net.au
  
  Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?   
  
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• Poverty looms for 9 million Britons due to power price hikes, charity warns

  26-08-2022 16:18 via abc.net.au
  
  Energy bills are set to skyrocket for UK residents in October, potentially leading to more deaths than the 10,000 people who already die each year due to cold homes.
  
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• Greens want pay rises for women and minimum wage earners in exchange for supporting jobs summit outcomes

  26-08-2022 16:02 via abc.net.au
  
  The Greens declare they will push for additional pay rises for workers on the minimum wage and those in women-dominated industries in exchange for supporting any legislative proposals stemming from the government's jobs summit.
  
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• Heat or eat? Winter protests loom as energy crisis sweeps Europe

  26-08-2022 15:17 via abc.net.au
  
  Europe is facing a major social test ahead of winter, as it juggles rising discontent, fuelled by soaring energy prices, and pressure to meet climate goals.
  
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• Santos to pause drilling on $4.7b gas project until Federal Court decision

  26-08-2022 11:11 via abc.net.au
  
  Santos says it will temporarily pause its expansion of a multi-billion-dollar gas project in Northern Territory gas fields following a challenge by Tiwi traditional owners.
  
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• Santos pauses drilling on $4.7b gas project until Federal Court decision

  26-08-2022 11:11 via abc.net.au
  
  Santos says it will temporarily pause its expansion of a multi-billion-dollar gas project in Northern Territory gas fields following a challenge by Tiwi traditional owners.
  
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• Bulk-billing medical clinic that collapsed owing $23m under investigation by Fair Work Ombudsman

  26-08-2022 10:34 via abc.net.au
  
  The Victoria-based Tristar Medical Group is the focus of a Fair Work Ombudsman probe following allegations that staff are owed large sums in unpaid wages.
  
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• ASX gains 0.8pc but snaps weekly streak

  26-08-2022 10:20 via businessnews.com.au
  
  The local share market has finished higher for a third straight day, gaining 0.8 per cent, but marginally lost ground for the week.
  
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• Former chief takes Cundaline to court

  26-08-2022 10:07 via businessnews.com.au
  
  The former boss of Indigenous mining contractor Cundaline Resources has accused the company of unfairly sacking him and failing to pay out his shares.
  
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• Forrest looks to rare earths

  26-08-2022 10:01 via businessnews.com.au
  
  Andrew Forrest’s Wyloo Metals will make its first move into rare earths by backing ASX-listed aspiring producer Hastings Technology Metals for $150 million via a convertible notes arrangement.
  
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• Green light for Broome alehouse

  26-08-2022 09:44 via businessnews.com.au
  
  Spinifex Brewing Co received unanimous approval to build a 400-capacity hospitality venue at Cable Beach at a council meeting last night.
  
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• Market Herald drops $87m on Gumtree, Carsguide

  26-08-2022 09:39 via businessnews.com.au
  
  The Perth-based owner of HotCopper has struck an $87 million deal to acquire classifieds brands Gumtree Australia, Autotrader and Carsguide as part of a plan to expand the media business.
  
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• Study of Melbourne phone towers shows 5G does not pose a risk, scientists say

  26-08-2022 09:26 via abc.net.au
  
  One of the researchers says he hopes the results will help to remove some of the emotion from the long-running debate over 5G.
  
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• At Close of Business 26 August 2022

  26-08-2022 08:54 via businessnews.com.au
  
  Matt Mckenzie and Jordan Murray discuss whether superannuation funds should invest for social returns, other reforms to the sector, and whether fund managers can outperform the market.
  
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• Queensland government approves mining leases for controversial Darling Downs coal mine

  26-08-2022 08:52 via abc.net.au
  
  After a decade of campaigning, stage three of the Acland coal mine is one step closer but water licences are still needed for the expansion to go ahead.
  
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• Mark My Words 26 August 2022

  26-08-2022 08:49 via businessnews.com.au
  
  Mark Beyer and Jordan Murray discuss cost blowouts, reporting season, jobs summit, exploration tenements, Belmont data centre, and Karrinyup apartments.
  
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• Losses for Pindan subcontractor hit $3m

  26-08-2022 07:38 via businessnews.com.au
  
  A contractor of failed builder Pindan claims its decision to work on Rio Tinto’s $90 million Gudai-Darri mine camp has cost it $3 million, as it gears up to claw back the facilities it supplied.
  
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• Wollongong Resources plans to extend Russell Vale after South32 abandons Dendrobium proposal

  26-08-2022 06:46 via abc.net.au
  
  If approved an extension to the Russell Vale coal mine will see the company continue to build its workforce in the Illawarra region as production increases, chief executive says.
   
  
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• Maybe not booming, but bush is back

  26-08-2022 06:41 via businessnews.com.au
  
  Investment opportunities in the rural economy are growing, and an iconic name is playing its part.
  
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• Snowy Hydro boss resigns amid project delays, cost blowouts

  26-08-2022 06:10 via abc.net.au
  
  Snowy Hydro's chief executive Paul Broad's reign has ended after nearly a decade in the top job as his organsation rejects claims of a $2.2 billion cost blowout.
  
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• Snowy Hydro boss quits amid project delays, cost blowouts

  26-08-2022 06:10 via abc.net.au
  
  Snowy Hydro's chief executive Paul Broad's reign has ended after nearly a decade in the top job as his organsation rejects claims of a $2.2 billion cost blowout.
  
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• Miner barred from drilling at Lake Torrens as First Nations group triumphs in Supreme Court

  26-08-2022 06:02 via abc.net.au
  
  Argonaut Resources says the decision could have far-reaching implications. The Aboriginal corporation that brought the action couldn't agree amore nd says it will start working to challenge the decision to build a nuclear waste facility at Kimba.
  
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• Lynas catches rare earths wave

  26-08-2022 05:46 via businessnews.com.au
  
  The Amanda Lacaze-led miner is celebrating a record profit on the back of higher rare earths prices ahead of a year of big investment into expanding production capacity.
  
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• Bega Cheese's revenue grows to $3b but profits decline 69 per cent

  26-08-2022 05:17 via abc.net.au
  
  Bega Cheese says the company has had its challenges this year with flooding on the east coast and COVID continuing to disrupt the supply chain.
  
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• Libs KPI threat unlawful warns barrister

  26-08-2022 05:10 via businessnews.com.au
  
  EXCLUSIVE: Veteran criminal barrister Mark Trowell has warned the Liberal Party that a proposal to force a member of parliament to resign unless they meet key performance indicators would be against the law.
  
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• Panel approves revised Como apartment plan

  26-08-2022 04:37 via businessnews.com.au
  
  The team behind a $36 million apartment tower in Como has succeeded in getting their parking plan approved after a State Administrative Tribunal appeal.
  
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• Uncertainty spooks landlords

  26-08-2022 03:17 via businessnews.com.au
  
  Investment in residential property as a rental asset has fallen away in recent years, with concerns that trend will continue.
  
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• Uncertainty could delay projects: Scott

  26-08-2022 02:57 via businessnews.com.au
  
  Wesfarmers boss Rob Scott has announced a “solid” full year profit, expressed concern about labour shortages and cost uncertainty impacting new investments, but is positive about next week's jobs summit.
  
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• Scott says new investments at risk

  26-08-2022 02:57 via businessnews.com.au
  
  Wesfarmers boss Rob Scott has announced a “solid” full-year profit, and expressed concern about labour shortages and cost uncertainty affecting new investments, but is positive about next week's jobs summit.
  
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• New investments at risk: Scott

  26-08-2022 02:57 via businessnews.com.au
  
  Wesfarmers boss Rob Scott has announced a “solid” full year profit, expressed concern about labour shortages and cost uncertainty impacting new investments, but is positive about next week's jobs summit.
  
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• Gas decision undoes climate bill: Bandt

  26-08-2022 02:19 via businessnews.com.au
  
  Greens leader Adam Bandt has taken aim at the government's decision to approve thousands of kilometres of offshore waters for oil and gas exploration.
  
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• CheckMate: Did Brett Sutton really admit that COVID-19 vaccines never worked?

  26-08-2022 00:05 via abc.net.au
  
  Anti-lockdown advocates have been claiming online this week that Victoria's Chief Health Officer Brett Sutton admitted that vaccines never worked. But that's not what he said.
  
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