Analyst news

• Report finds this $4.5 billion project is more costly than beneficial

  31-10-2022 23:36 via abc.net.au
  
  Infrastructure Australia has found it will be more detrimental than beneficial for taxpayers if the first stage of the proposed Great Western Highway upgrade goes ahead.
  
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• Infrastructure Australia warns cost outweighs benefits for Great Western Highway upgrade

  31-10-2022 23:36 via abc.net.au
  
  Infrastructure Australia has found it will be more detrimental than beneficial for taxpayers if the first stage of the proposed Great Western Highway upgrade goes ahead.
  
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• Government says this $4.5 billion project is a game changer, but report finds it more costly than beneficial

  31-10-2022 23:36 via abc.net.au
  
  Infrastructure Australia has found it will be more detrimental than beneficial for taxpayers if the first stage of the proposed Great Western Highway upgrade goes ahead.
  
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• Perth home value index dips

  31-10-2022 22:00 via businessnews.com.au
  
  The city’s median home value dipped the least of all the states in October, at 1 per cent less than the national drop.
  
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• Markets tread cautiously ahead of RBA rate hike, Dow Jones posts biggest monthly surge in 47 years

  31-10-2022 21:34 via abc.net.au
  
  The Australian share market is likely to start its day practically flat, as investors await the Reserve Bank's latest interest rate decision, while the Dow Jones records its biggest monthly gain since 1976.
  
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• ASX rises as Reserve Bank lift rates, Dow Jones posts biggest monthly surge in 47 years

  31-10-2022 21:34 via abc.net.au
  
  Australian shares post significant gains as the Reserve Bank of Australia lift rates, while Wall Street's industrial index, the Dow Jones, records its biggest monthly gain since 1976.
  
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• ASX rises ahead of RBA rate hike, Dow Jones posts biggest monthly surge in 47 years

  31-10-2022 21:34 via abc.net.au
  
  Australian shares post significant gains ahead of the Reserve Bank's latest interest rate decision, while Wall Street's industrial index, the Dow Jones, records its biggest monthly gain since 1976.
  
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• Truck drivers in rural Queensland to be trained in crash scene management and first aid

  31-10-2022 21:15 via abc.net.au
  
  They are often first on the scene of serious road crashes. Now they are learning what to do and what not to do to save a person's life.
  
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• Compromised cement 'allowing aquifer contact' with coal seam gas wells, documents reveal

  31-10-2022 19:54 via abc.net.au
  
  Significant corrosion and leaking has been detected in a number of coal seam gas wells in Queensland, and an engineering academic is now concerned about the potential contamination of groundwater and crops.
  
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• 'Cement doesn't last forever': Documents reveal coal seam gas well leaks and corrosion

  31-10-2022 19:54 via abc.net.au
  
  Significant corrosion and leaking has been detected in a number of coal seam gas wells in Queensland, and an engineering academic is now concerned about the potential contamination of groundwater and crops.
  
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• Rising interest rates hit home prices again, stretching buyers to the limit

  31-10-2022 19:37 via abc.net.au
  
  Home prices have been dropping over the past six months as the Reserve Bank of Australia raised interest rates from a record low in May to curb red-hot inflation and — with interest rates set to keep rising — more falls are expected. 
  
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• Australian shares finish October up 6pc

  31-10-2022 09:10 via businessnews.com.au
  
  The ASX has finished Monday up 1.2 per cent to cap off its second-best month of the year, with a busy week of central bank hikes to come.
  
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• Miners tied up in Blue Ribbon bid

  31-10-2022 09:08 via businessnews.com.au
  
  Three of the state’s biggest miners have joined forces to stop a junior explorer from gaining a licence over an area which would overlap their rail lines.
  
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• Ellington Jazz Club hits the market

  31-10-2022 09:08 via businessnews.com.au
  
  The Ellington Jazz Club has been put up for sale by co-founder Bernard Kong some 13 years since he and the late Graham Wood opened the doors to what would become Perth’s best-known jazz patch.
  
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• Not so welcome to country for FMG

  31-10-2022 09:01 via businessnews.com.au
  
  FMG and its executive chair Andrew Forrest had a hostile welcome to country today in the Pilbara.
  
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• Charges against former Legacy accountant dropped

  31-10-2022 08:41 via businessnews.com.au
  
  Charges against former Legacy Iron Ore company accountant Karen Kwan, over allegations of stolen money totalling more than $750,000, have been withdrawn.
  
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• At Close of Business 31 October 2022

  31-10-2022 08:30 via businessnews.com.au
  
  Senior editor Mark Beyer reports on the soon-to-be-reopened Liberty Theatre and Humich Group's vision for the 68-year-old venue.
  
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• Asset sale puts Navitas back in the black

  31-10-2022 07:56 via businessnews.com.au
  
  The global education business has offered a positive outlook, underscoring its resilience after being battered by the pandemic.
  
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• ARTS REVIEW: Baroque tour of Europe one to savour

  31-10-2022 07:46 via businessnews.com.au
  
  French in name only, Telemann’s ‘Paris Quartets’ offer a suite of European flavours. Australian Baroque charms Claire Coleman with a polished performance.
  
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• Office proposal in Perth City Link

  31-10-2022 07:27 via businessnews.com.au
  
  Far East Consortium has lodged a proposal to build a 21-storey tower as part of its precinct in the $5.2 billion Perth City Link area.
  
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• Cosmos project cost hits $825m

  31-10-2022 07:20 via businessnews.com.au
  IGO has substantially increased the scope and cost of its Cosmos nickel project while also reporting commissioning delays at the Kwinana lithium refinery.
  
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• Cannon a target for takeover

  31-10-2022 07:09 via businessnews.com.au
  
  Shares in West Perth nickel junior Cannon Resources have shot upwards on the back of an all-cash $45 million takeover offer from a Toronto-based private equity firm.
  
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• Wild storm lashes outback town which holds record for hottest ever temperature

  31-10-2022 06:20 via abc.net.au
  
  Oodnadatta locals are without power and are dealing with the clean-up after winds of almost 140 kilometres per hour tore through the South Australian outback town yesterday.
  
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• Pandemic review as emergency powers end

  31-10-2022 06:14 via businessnews.com.au
  
  The premier will establish an independent review of WA's pandemic management.
  
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• Perrottet asked to review shortlisted candidates for high-paying UK job, inquiry reveals

  31-10-2022 05:31 via abc.net.au
  
  An email reveals then-NSW treasurer Dominic Perrottet wanted to meet with the shortlisted candidates for a lucrative UK trade role even though an independent recruitment process had already made a selection.
  
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• Humich brings life to Liberty

  31-10-2022 05:17 via businessnews.com.au
  
  STRUT Dance will be the first of many arts groups to use the long-shuttered Liberty Theatre in central Perth.
  
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• Flood victims urged to consider safety over sentiment in government buyback offers

  31-10-2022 05:11 via abc.net.au
  
  The Insurance Council of Australia wants flood-affected residents in the Northern Rivers region to choose safety over sentiment when considering whether to take up the governments' buyback scheme to sell up and move to higher ground.
  
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• 'Not happy Dan': Fire trucks painted with slogans as industrial action in Victoria continues

  31-10-2022 05:05 via abc.net.au
  
  Victoria's professional firefighters union is calling for new trucks, more recruits and access to additional training — as its protected industrial action reaches day five.
  
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• Commonwealth warned about Robodebt scheme two years before it started, inquiry hears

  31-10-2022 03:46 via abc.net.au
  
  The warning was revealed in the first day of the royal commission hearings being held into the controversial scheme, which ran from 2016 to 2019 and involved recovering debts from welfare recipients.
  
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• Snowy Mountains farm fetches record price as Sydney investor grabs rare buy

  31-10-2022 02:57 via abc.net.au
  
  A "renowned" property has gone under the hammer after belonging to the same family for six generations.
  
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• Winners and losers on the bourse

  31-10-2022 02:00 via businessnews.com.au
  
  Favourable seasonal conditions on the land aren’t always reflected in the share price fortunes for listed ag firms.
  
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• Defence caught up in ransomware attack

  31-10-2022 01:51 via businessnews.com.au
  
  A communications platform used by the Department of Defence has been hit by a ransomware attack.
  
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• Handouts would only fuel inflation: PM

  31-10-2022 01:45 via businessnews.com.au
  
  Anthony Albanese is defending his decision to pump money into long-term investments rather than handouts for struggling families.
  
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• ASX rises ahead of the Reserve Bank's anticipated rate hike

  31-10-2022 00:32 via abc.net.au
  
  Australian shares open higher, tracking overnight gains on Wall Street as investors await the Reserve Bank's interest rate decision due on Tuesday.
  
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