Analyst news

• Kim Kardashian fined for promoting crypto security to her 330 million followers

  03-10-2022 22:46 via abc.net.au
  
  Kim Kardashian is the latest celebrity ensnared in regulations that require full disclosure when getting paid to promote financial products.
  
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• ASX surges in best session in two years after soft RBA rate hike

  03-10-2022 22:26 via abc.net.au
  
  Australian shares mark their biggest intraday jump in two years, tracking a strong performance on Wall Street.
  
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• ASX surges ahead of RBA rate decision, Wall Street and oil prices rally

  03-10-2022 22:26 via abc.net.au
  
  Australian shares have started the day higher ahead of the Reserve Bank's policy meeting on whether to raise interest rates.
  
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• ASX set to jump ahead of RBA rate decision, Wall Street and oil prices rally

  03-10-2022 22:26 via abc.net.au
  
  Australian shares are expected to start the day higher ahead of the Reserve Bank's policy meeting to raise interest rates.
  
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• From fleeing terror to building a future, refugees find recipe for hope in this cafe

  03-10-2022 22:09 via abc.net.au
  
  Ezidi refugees are the stars of a new social enterprise restaurant that's partnered with charity Plate if Forward.
  
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• From fleeing terror to building a future, how a social enterprise cafe is helping refugees find a safe place

  03-10-2022 22:09 via abc.net.au
  
  Ezidi refugees are the stars of a new social enterprise restaurant that's partnered with charity Plate if Forward.
  
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• Scammers showed Rob his superannuation in a finance app, before stealing it all

  03-10-2022 21:05 via abc.net.au
  
  Victims of a sophisticated superannuation scam have raised concerns about how they were given access to a finance app which they claim gave them false confidence their money was safe.
  
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• Elaborate scam allegedly used leading finance app to trick victims out of superannuation

  03-10-2022 21:05 via abc.net.au
  
  Victims of a sophisticated superannuation scam have raised concerns about how they were given access to a finance app which they claim gave them false confidence their money was safe.
  
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• Brisbane residents urged to dob in a short-stay property as council rolls out rates hike

  03-10-2022 20:53 via abc.net.au
  
  Owners of homes used for short-term accommodation in Brisbane are being urged to register themselves for a 50 per cent rates hike, or be prepared for a neighbour to do it.
  
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• Once a decade Lake Eyre comes alive. But scientists say the gas industry's final push is putting it all at risk

  03-10-2022 20:40 via abc.net.au
  
  The gas industry has been mining Australia's Lake Eyre Basin for decades, but possible future extraction techniques like fracking could devastate its fragile ecosystem.
  
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• Last push for gas could threaten world's 'greatest desert river system'

  03-10-2022 20:40 via abc.net.au
  
  The gas industry has been mining Australia's Lake Eyre Basin for decades, but possible future extraction techniques like fracking could devastate its fragile ecosystem.
  
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• Here's what was happening in Australia the last time interest rates rose this quickly

  03-10-2022 20:37 via abc.net.au
  
  The rapid increase in interest rates feels all too sudden for borrowers, but it's not the first time this has happened. Here's how events played out almost 30 years ago.
  
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• Here's what was happening in Australia the last time interest rates rose this fast

  03-10-2022 20:37 via abc.net.au
  
  The rapid increase in interest rates feels all too sudden for borrowers, but it's not the first time this has happened. Here's how events played out almost 30 years ago.
  
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• Australia's interest rates are rising, fast. Just like in 1994

  03-10-2022 20:37 via abc.net.au
  
  The rapid increase in interest rates feels all too sudden for borrowers, but it's not the first time this has happened. Here's how events played out almost 30 years ago.
  
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• 'Sellers aren't selling' as rate rises dry up borrowing, extending property downturn

  03-10-2022 20:31 via abc.net.au
  
  The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.
  
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• Borrowers brace for more pain as Reserve Bank tipped for another double-sized rate rise

  03-10-2022 20:31 via abc.net.au
  
  The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.
  
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• 'It just came out of nowhere': How Rosetta avoided having to beg for help during hard times

  03-10-2022 20:29 via abc.net.au
  
  When everything went wrong financially for Rosetta Ianchello, a scheme set up by charity Good Shepherd and the National Australia Bank helped her to manage her debt.
  
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• Uranium directors set to resign after suggestions of more mining in Kakadu, pressure from Rio Tinto

  03-10-2022 10:30 via abc.net.au
  
  The chairman and two directors of a company responsible for the clean-up of a uranium mine on the edge of Kakadu say they'll resign, after pressure from Rio Tinto and traditional owners.
  
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• UK backflips on tax cut for wealthy that sparked market turmoil

  03-10-2022 10:13 via abc.net.au
  
  The British government drops plans to cut income tax for top earners, part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows.
  
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• Blackout fears dismissed as key WA power station is taken offline amid uncertainty over coal supply

  03-10-2022 10:09 via abc.net.au
  
  The WA government talks down the prospect of summer blackouts after the energy regulator asked that a power station be switched off to conserve coal supplies. 
  
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• Creditor sinks Vietnam Industrial

  03-10-2022 10:02 via businessnews.com.au
  
  More than $100 million is believed to be owed by ASX-delisted Vietnam Industrial Investments, as the Perth business which had previously boasted high profile directors is sent into liquidation.
  
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• Yap wins bid to stop airing of legal woes

  03-10-2022 10:00 via businessnews.com.au
  
  Western suburbs real estate highflyer Vivien Yap has won a bid to stop her former client from airing “scandalous” details of their legal stoush online, a threat allegedly shared with the state’s top judge.
  
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• Thiess hits 51% of MACA

  03-10-2022 09:41 via businessnews.com.au
  
  Mining contractor Thiess has moved to a 51.83 per cent shareholding in takeover target MACA, giving it effective control of the Perth company.
  
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• ASX recovers after nearing two-year low

  03-10-2022 09:33 via businessnews.com.au
  
  The ASX200 index has finished down 0.27 per cent, clawing back most of its morning losses after almost hitting a two-year low.
  
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• Man at centre of true crime podcast about Shandee Blackburn's murder launches legal action

  03-10-2022 09:31 via abc.net.au
  
  The former boyfriend of murdered woman Shandee Blackburn launches legal action against her sister and others involved in a true crime podcast about the death.
  
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• At Close of Business 3 October 2022

  03-10-2022 09:30 via businessnews.com.au
  
  Senior editor Mark Beyer explains how the founders of Avicena Systems are defying the popular image of young, plucky entrepreneurs and chalking up wins on the back of their experience.
  
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• ARTS REVIEW: Bringing First Nations’ history to light

  03-10-2022 09:30 via businessnews.com.au
  
  Conductor, violist and digital engineer Aaron Wyatt has plenty of strings to his bow. But building awareness of Indigenous music is what gets him most excited. Varnya Bromilow talks to him ahead of the WA premiere of Eumeralla Requiem.
  
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• More headaches in Rio, ERA uranium clean-up

  03-10-2022 09:18 via businessnews.com.au
  
  Peter Mansell will resign as chair of Energy Resources Australia amid conflicting claims surrounding the multi-billion dollar rehabilitation of the Ranger uranium mine in the Northern Territory.
  
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• Mineralogy given final chance in CITIC lawsuit

  03-10-2022 07:52 via businessnews.com.au
  
  Clive Palmer’s Mineralogy is being given one last chance to refine its $19 million case against Chinese-owned CITIC, after parts were branded “legally embarrassing” in the Supreme Court.
  
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• Making better use of skills

  03-10-2022 07:39 via businessnews.com.au
  
  Australia's unemployment rate hit a 50-year low of 3.4 per cent in July, with the Australian Bureau of Statistics reporting there are now more vacancies to be filled in the economy than there are unemployed people.
  
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• Leach, Tan team up for CBD centre

  03-10-2022 07:18 via businessnews.com.au
  Property developer Jeff Leach has broadened his business interests with the opening a new medical centre in the CBD in partnership with former surgeon Eric Tan.
  
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• Bellevue recruits EDL for microgrid

  03-10-2022 06:29 via businessnews.com.au
  
  Bellevue Gold is pushing ahead with its ambition of becoming the first net-zero gold miner by engaging EDL for an off-grid hybrid power station to support its namesake project.
  
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• Trouble brews for Little Olly's as council evicts iconic beachside coffee van

  03-10-2022 06:10 via abc.net.au
  
  A Frankston councillor, who will present a petition asking for the eviction decision to be reversed, says the council should be "rewarding" the business instead of "kicking them out".
  
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• Extremely rare Australian coin sells for nearly $60,000 at auction

  03-10-2022 04:36 via abc.net.au
  
  A rare 1930 Australian penny that was never meant to be minted has sold for just under $60,000 at auction. 
  
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• Optus reveals more than 2 million customers had personal ID numbers compromised in cyber attack

  03-10-2022 03:34 via abc.net.au
  
  Optus CEO Kelly Bayer Rosmarin provided the fresh figures in a video message posted online and has said "while the numbers have come down" the company remains "deeply, deeply sorry" for the leak of information.
  
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• Optus hires Deloitte to run review into massive data breach

  03-10-2022 03:34 via abc.net.au
  
  The company's CEO says the external review will include scrutiny of Optus's security systems, controls and processes.
  
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• Producers build on red meat resurgence

  03-10-2022 03:30 via businessnews.com.au
  
  August was a good month for red meat exports, with China posting surprisingly strong demand.
  
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• Tech startup improves with age

  03-10-2022 02:54 via businessnews.com.au
  
  Perth company Avicena Systems aims to confirm research finding that tech startups established by older founders have a higher chance of success.
  
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• Gas boom could see tax take triple

  03-10-2022 02:31 via businessnews.com.au
  
  The gas industry is predicting a tripling in its bill for tax and royalties after windfall profits brought on by high prices prompted by the war in Ukraine.
  
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• Tesla says delivering cars is a challenge as analysts predict 'rough patch' due to economy

  03-10-2022 02:26 via abc.net.au
  
  With fuel prices on the rise and demand for electric vehicles increasing, Tesla is delivering records despite "logistical challenges".
  
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• Wall Street suffers three straight quarterly declines, ASX reverses early gains

  03-10-2022 02:09 via abc.net.au
  
  Australian shares reverse early gains, with investors taking a cautious stance after the last session's sharp sell-off, which was spurred by concerns over historically hot inflation, rising interest rates and a potential global recession.
  
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• Wall Street suffers three straight quarterly declines, ASX recovers at open

  03-10-2022 02:09 via abc.net.au
  
  Australian shares have started the week slightly higher, with investors taking a cautious stance after the last session's sharp sell-off, which was spurred by concerns over historically hot inflation, rising interest rates and a potential global recession.
  
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• ASX falls as Wall Street suffers three straight quarterly declines

  03-10-2022 02:09 via abc.net.au
  
  Australian shares have fallen on Monday, as investors fretted that aggressive interest rate hikes to bring down red-hot inflation would tip the global economy into recession.
  
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• UK finance minister will vow to stay course on tax cuts despite market meltdown

  03-10-2022 00:52 via abc.net.au
  
  Due to speak at the Conservative Party's annual conference, UK Finance Minister Kwasi Kwarteng will vow to stay the course on tax cuts despite the pound hitting record lows. 
  
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• UK chancellor will vow to stay course on tax cuts despite market meltdown

  03-10-2022 00:52 via abc.net.au
  
  Due to speak at the Conservative Party's annual conference, UK Chancellor of the Exchequer Kwasi Kwarteng will vow to stay the course on tax cuts despite the pound hitting record lows. 
  
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• Gas production in Queensland's Channel Country 'unviable' report says, but not everyone agrees

  03-10-2022 00:12 via abc.net.au
  
  A report commissioned by an environmental group claims gas extraction in Queensland's Lake Eyre Basin will cost millions, but proponents say the fossil fuel has an important role in Australia's transition to renewable energy.
  
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