Analyst news

• MIners weigh down ASX, Facebook owner Meta and Amazon shares plunge on inflation hit, ECB raises rates

  27-10-2022 23:14 via abc.net.au
  
  The ASX ended lower as big miners were sold off; shares in Facebook owner Meta Platforms and Amazon plunge as inflation hits earnings, and the European Central Bank raises interest rates again.
  
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• Meta shares plunge as profit halves, Wall Street ends mixed, ECB raises rates

  27-10-2022 23:14 via abc.net.au
  
  Shares in Facebook owner Meta Platforms plunge after weak quarterly earnings; Credit Suisse restructures and the European Central Bank raises interest rates again.
  
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• Meta shares plunge as profit halves, ASX opens lower, ECB raises rates

  27-10-2022 23:14 via abc.net.au
  
  Shares in Facebook owner Meta Platforms plunge after weak quarterly earnings; Amazon sees slower growth, ASX opens in the red, and the European Central Bank raises interest rates again.
  
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• Meta and Amazon shares plunge on inflation hit, ASX in the red, ECB raises rates

  27-10-2022 23:14 via abc.net.au
  
  Shares in Facebook owner Meta Platforms plunge after weak quarterly earnings, Amazon sees slower growth,  Miners pull down the ASX, and the European Central Bank raises interest rates again.
  
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• Perth homeowner Dimuthu is collateral damage in the crusade to slay the inflation 'dragon'

  27-10-2022 23:11 via abc.net.au
  
  Dimuthu Peterson is building a home and is trapped between rising rates and rents. The Perth mother feels hopeless in the current economy dogged by inflation.
  
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• Perth home builder Dimuthu is collateral damage in the crusade to slay the inflation 'dragon'

  27-10-2022 23:11 via abc.net.au
  
  Dimuthu Peterson is building a home and is trapped between rising rates and rents. The Perth mother feels hopeless in the current economy dogged by inflation.
  
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• Main Beach residents lament return of Gold Coast 500 after two-year hiatus

  27-10-2022 22:44 via abc.net.au
  
  Locals leave as V8 Supercars return to Gold Coast streets.
  
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• From Google Doodles to precious gemstones, flaunt your knowledge with this week's news quiz

  27-10-2022 22:29 via abc.net.au
  
  Google Doodles, gemstones and a massive gastro outbreak — this week's news quiz has seen some things.
  
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• The price of diesel is increasing — and that's bad news even if you use petrol

  27-10-2022 21:02 via abc.net.au
  
  Exceptionally high diesel prices are being experienced across the globe, but using petrol (or not using a car at all) doesn't necessarily mean you'll be immune to the impacts.
  
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• Cam is paying 70c a litre more for diesel than a year ago — and that's bad news for more than just him

  27-10-2022 21:02 via abc.net.au
  
  Exceptionally high diesel prices are being experienced across the globe, but using petrol (or not using a car at all) doesn't necessarily mean you'll be immune to the impacts.
  
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• The budget leaves the top 20pc of income earners $12 billion better off. The bottom 20pc gain 'effectively nothing'

  27-10-2022 20:57 via abc.net.au
  
  Well-off households will get a $5,740 income boost from the Albanese government's biggest budget measures. The poorest will get just $17.
  
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• Labor's first budget back in government will make income inequality worse, and the stage 3 tax cuts are mainly to blame

  27-10-2022 20:57 via abc.net.au
  
  Well-off households will get a $5,740 income boost from the Albanese government's biggest budget measures. The poorest will get just $17.
  
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• Bernard graduated in 2020. More than 100 job applications later, he is still unemployed

  27-10-2022 20:55 via abc.net.au
  
  Papua New Guinea's capital Port Moresby is grappling with a youth unemployment crisis, with some young people applying for hundreds of jobs after graduating from university, with only a handful of interviews to show for it.
  
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• $1b pathology company accused of 'sitting on' hack that saw patient data posted to the dark web

  27-10-2022 20:43 via abc.net.au
  
  Cyber security experts are questioning why it took one of Australia's biggest pathology services five months to tell its patients that data had been stolen and posted to the dark web.
  
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• Under fire on Q+A, finance minister turns to climate spending to show the budget helps the young

  27-10-2022 14:32 via abc.net.au
  
  The government is criticised for not doing enough to ease cost-of-living pressures for Australia's most vulnerable and youth as the impact of rising inflation bites.
  
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• 'Chasing the grey vote': Government slammed for ignoring youth and cost of living on Q+A

  27-10-2022 14:32 via abc.net.au
  
  The government is criticised for not doing enough to ease cost-of-living pressures for Australia's most vulnerable and youth as the impact of rising inflation bites.
  
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• 'Chasing the grey vote': Government criticised for ignoring youth and cost of living on Q+A

  27-10-2022 14:32 via abc.net.au
  
  The government is criticised for not doing enough to ease cost-of-living pressures for Australia's most vulnerable and youth as the impact of rising inflation bites.
  
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• 'Chasing the grey vote': Budget slammed for ignoring youth and cost of living on Q+A

  27-10-2022 14:32 via abc.net.au
  
  The government is criticised for not doing enough to ease cost-of-living pressures for Australia's most vulnerable and youth as the impact of rising inflation bites.
  
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• ASIC fines energy company for emissions claims in first action over corporate greenwashing

  27-10-2022 11:46 via abc.net.au
  
  ASX-listed energy company Tlou Energy has paid fines totalling $53,280 after being slapped with four infringement notices for alleged false or misleading sustainability-related statements made to the market a year ago.
  
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• 'A new era': Lebanon and Israel sign maritime border agreement

  27-10-2022 11:13 via abc.net.au
  
  The agreement to recognise a maritime border between Lebanon and Israel has been hailed by the two countries — and the US, which brokered the deal — as a historic achievement, marking a diplomatic departure from decades of hostility.
  
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• Green light for ‘high-end’ Kununurra hotel

  27-10-2022 10:15 via businessnews.com.au
  
  A proposed 4.5-star hotel in Kununurra is one step closer to construction after the Shire of Wyndham-East Kimberley council endorsed its application.
  
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• Tasmania's link to the national energy market means our power prices face dramatic rise too

  27-10-2022 10:04 via abc.net.au
  
  Business groups are calling on the Tasmanian government to offer a financial lifeline to hundreds of small and medium businesses that could soon face a doubling of their power bills.
  
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• Tasmanian businesses desperate for solutions to avoid power price hikes

  27-10-2022 10:04 via abc.net.au
  
  Business groups are calling on the Tasmanian government to offer a financial lifeline to hundreds of small and medium businesses that could soon face a doubling of their power bills.
  
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• Aust shares up for fourth consecutive day

  27-10-2022 10:00 via businessnews.com.au
  
  The Australian sharemarket has posted it fourth consecutive day of gains, equalling a streak last set in mid-September.
  
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• MACA sues over infrastructure dispute

  27-10-2022 09:58 via businessnews.com.au
  
  MACA is seeking damages from Karara Mining over claims it is harboring infrastructure set up as part of a $920 million mining services deal for the miner's magnetite project east of Geraldton.
  
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• Yap's former client guilty of contempt

  27-10-2022 09:44 via businessnews.com.au
  
  The man accused of threatening western suburbs real estate highflyer Vivien Yap has been found in contempt of court after sending an intimidating email in a bid to have her drop the lawsuit.
  
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• Forrest calls on fellow emitters

  27-10-2022 09:40 via businessnews.com.au
  
  Higher input costs and a weaker iron ore price were evident during Fortescue’s first quarter of the new financial year, along with Chairman Andrew Forrest’s green energy ambitions.
  
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• Business leaders alarmed by IR reforms

  27-10-2022 09:40 via businessnews.com.au
  
  Michael Chaney has led a chorus of criticism of the federal government’s proposed workplace laws, with plans for multi-employer bargaining and other changes detailed this morning.
  
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• At Close of Business 27 October 2022

  27-10-2022 09:30 via businessnews.com.au
  
  Jordan Murray explains how Australia's defence industry will need to evolve in order to operate and sustain nuclear-powered submarines.
  
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• Albemarle’s $73m accommodation camp approved

  27-10-2022 08:27 via businessnews.com.au
  
  Albemarle Corporation’s plan for a 500-person workers' accommodation village in Binningup has cleared a hurdle following a four-hour meeting.
  
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• State’s $5m pledge to solve healthcare problem

  27-10-2022 08:24 via businessnews.com.au
  
  The state government has announced challenge with $5 million reward to solve the critical issue of health care delivery in the Pilbara.
  
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• Three-storey proposal at Montario Quarter

  27-10-2022 07:52 via businessnews.com.au
  
  MSWA has lodged a proposal to build a 24-hour care facility in DevelopmentWA’s Montario Quarter redevelopment area in Shenton Park.
  
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• Spirit of Tasmania operator found guilty of breaching animal welfare laws after polo pony deaths

  27-10-2022 07:11 via abc.net.au
  
  Spirit of Tasmania ferry operator TT-Line is found guilty of breaching animal welfare laws after 16 polo ponies died during a voyage in 2018.
  
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• Tesla lithium deal with Northern Territory mining company falls over after deadline passes

  27-10-2022 07:04 via abc.net.au
  
  Core Lithium previously announced to the share market that the two companies had entered into an arrangement involving the potential supply of the mineral vital for electric vehicle production.
  
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• What will the new workplace laws mean for you? And why are they so controversial?

  27-10-2022 07:01 via abc.net.au
  
  Labor says its new bill will help bring a long-overdue pay rise to lots of Australian workers, and particularly women. So what does the government actually want to do?
  
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• What the federal government's new workplace laws will mean for you

  27-10-2022 07:01 via abc.net.au
  
  Labor says its new bill will help bring a long-overdue pay rise to lots of Australian workers, and particularly women. So what does the government actually want to do?
  
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• Criminal probe launched in US into Tesla's self-driving car claims

  27-10-2022 06:47 via abc.net.au
  
  Tesla is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves, following more than a dozen crashes involving the Autopilot system. 
  
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• SA government revises forecast for River Murray flows, higher peaks expected

  27-10-2022 05:28 via abc.net.au
  
  Continued rainfall throughout parts of the Murray-Darling Basin over the past week has prompted today's revision, up from last week's forecast of 120 gigalitres per day.
  
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• AusBiotech honours WA research pair, Forrests

  27-10-2022 04:37 via businessnews.com.au
  
  Researchers Steve Wilton and Sue Fletcher were recognised for their industry leadership at the AusBiotech conference in Perth, with a life science legacy award presented to Andrew and Nicola Forrest.
  
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• Worker sucked into underground exhaust tube at Mount Kembla mine

  27-10-2022 04:00 via abc.net.au
  
  A worker at an underground coal mine has suffered multiple fractures after she was injured servicing an exhaust fan.
  
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• Strike moves on Project Haber design

  27-10-2022 03:59 via businessnews.com.au
  
  Strike Energy has contracted Technip Energies to deliver front-end engineering services for the company’s proposed fertiliser project near Geraldton.
  
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• A&M opens Perth office in Australia launch

  27-10-2022 03:52 via businessnews.com.au
  
  US management consulting firm Alvarez & Marsal has lured former Boston Consulting Group partner Nicholas Reid to head its Perth office as it simultaneously launches its new Australian operations in three key states.
  
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• Sensitive healthcare information posted to the dark web, as another cyber attack is revealed

  27-10-2022 03:12 via abc.net.au
  
  Australian Clinical Labs will today start contacting 223,000 people whose data was stolen when the company was the target of a cyber attack in February.
  
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• Another healthcare company reveals it was hit by a cyber attack — eight months ago

  27-10-2022 03:12 via abc.net.au
  
  Australian Clinical Labs will today start contacting the 223,000 people whose data was stolen when it was the target of a cyber attack in February.
  
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• Perth out of the loop on LIV

  27-10-2022 03:00 via businessnews.com.au
  
  Golf’s great disruptor will hold events in Australia next year, but Perth has been overlooked.
  
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• ANZ beats expectations but shares fall

  27-10-2022 02:53 via businessnews.com.au
  
  ANZ has beaten earnings expectations across the board, but the results don't appear to have been strong enough to impress the market.
  
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• Workplace laws to get flexibility overhaul

  27-10-2022 02:49 via businessnews.com.au
  
  New laws will give workers more power to request flexible working hours while introducing controversial changes to open the way to widespread multi-employer bargaining.
  
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• 'Unmanageable flows' to reach SA in December, houseboat tourism to take hit

  27-10-2022 00:39 via abc.net.au
  
  Family-owned houseboat hire businesses on the Murray River are facing lost bookings and revenue as predicted high flows to arrive in the state in December.
  
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• Economists tip steep interest rate hike on Melbourne Cup Day, as banks reap the rewards

  27-10-2022 00:23 via abc.net.au
  
  Helped by cash rate hikes, ANZ's revenue has risen 5 per cent. Meanwhile, other banks are raising forecasts of how far the RBA will hike the cash rate.
  
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• ASX set to rise despite mixed bag on Wall Street, while ANZ revenue rises off interest rates

  27-10-2022 00:23 via abc.net.au
  
  Helped by cash rate hikes, ANZ's revenue has risen 5 per cent.
  
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