Analyst news

• Abalone diver wants chumming ban at white shark hot spot

  03-11-2022 23:12 via abc.net.au
  
  A former abalone diver is urging the architects of a new marine park to ban fishing at Salisbury Island to stop filmmakers using bait to rile up white sharks. 
  
  Read more

• The Bank of England raises rates again and warns of long recession, US stocks fall

  03-11-2022 22:04 via abc.net.au
  
  The Bank of England raises interest rates by the most since 1989, but it says the risk of the UK's longest recession on record could see borrowing costs increase by less than forecast. 
  
  Read more

• Qantas to spend $200 million to improve performance, ASX gains despite Wall Street fall

  03-11-2022 22:04 via abc.net.au
  
  Qantas pledges to spend more to improve performance after flight chaos, ASX regains lost ground, the Bank of England raises rates by the most in more than three decades.
  
  Read more

• Qantas investors back Alan Joyce mult-million-dollar bonus despite flight chaos, ASX gains after weak start

  03-11-2022 22:04 via abc.net.au
  
  Qantas shareholders support big bonuses for executives including boss Alan Joyce,  ASX regains lost ground, the Bank of England raises rates by the most in more than three decades.
  
  Read more

• Advertisement

• ASX set to follow Wall Street lower, as Bank of England raises rates again and warns of long recession

  03-11-2022 22:04 via abc.net.au
  
  The ASX is set to fall after Wall Street slipped on concerns over a rate rise. The Bank of England raises interest rates by the most in more than three decades. 
  
  Read more

• ASX follows Wall Street lower, as Bank of England raises rates again and warns of long recession

  03-11-2022 22:04 via abc.net.au
  
  The ASX is down in early trade after Wall Street slipped on concerns over more interest rate rises by the US central bank. The Bank of England raises rates by the most in more than three decades.
  
  Read more

• Fuel Check price monitoring website to include Canberra from today

  03-11-2022 21:03 via abc.net.au
  
  Petrol prices across the ACT will be displayed on a government website, allowing drivers to compare prices at nearby retailers — but service stations will not be forced to sign up.
  
  Read more

• 'It's now a level playing field': Statewide property sales fall 20pc in three months

  03-11-2022 20:48 via abc.net.au
  
  Rising interest rates combined with growing cost of living expenses and slow wage growth are the main causes of the drop in sales, the Real Estate Institute of Tasmania says. 
  
  Read more

• Advertisement

• 'It's now a level playing field': Statewide property prices fall 20pc in three months

  03-11-2022 20:48 via abc.net.au
  
  Rising interest rates combined with growing cost of living expenses and slow wage growth are the main causes of the drop in sales, the Real Estate Institute of Tasmania says. 
  
  Read more

• The NT's first 'Mango Express' takes to the skies

  03-11-2022 20:34 via abc.net.au
  
  A Boeing 777 is about to depart Darwin with more than 50 tonnes of mangoes on board.
  
  Read more

• Unions clash as Fire Rescue Victoria mechanics defend their right to cancer compensation

  03-11-2022 20:12 via abc.net.au
  
  The United Firefighters Union has been accused of being "anti-worker" by rival unions over its campaign against cancer compensation for mechanics in the fire services.
  
  Read more

• More than half of Australia's 2.5m directors could become ineligible to run companies by the end of this month

  03-11-2022 19:49 via abc.net.au
  
  The ATO is making director identification numbers mandatory, to crack down on "dummy directors" and the practice of "phoenixing". Ahead of a crucial deadline, 1.3 million people have not got one yet.
  
  Read more

• Calls for a swift deal to make electric cars cheaper

  03-11-2022 19:42 via abc.net.au
  
  Electric vehicle legislation is a Labor election promise that could make popular models, such as the Nissan Leaf, up to $2,000 cheaper for some individuals and $9,000 cheaper for employers who run fleets.
  
  Read more

• UK rates hiked as Brits warned of long recession

  03-11-2022 15:51 via abc.net.au
  
  The central bank boosted its key rate by 0.75 percentage points, to 3 per cent, after consumer price inflation returned to a 40-year high in September.
  
  Read more

• Jim Chalmers tells Q+A there will be energy cost relief, a republic push and that a recession is unlikely

  03-11-2022 13:45 via abc.net.au
  
  Treasurer Jim Chalmers tells ABC's Q+A that he intends to tackle the rising cost of power prices by Christmas as he defends the budget and plays down the fears of Australians about a recession.
  
  Read more

• 'Don't expect a recession': Treasurer plays down fears of economic nightmare

  03-11-2022 13:45 via abc.net.au
  
  Treasurer Jim Chalmers tells ABC's Q+A that he intends to tackle the rising cost of power prices by Christmas as he defends the budget and plays down the fears of Australians about a recession.
  
  Read more

• Loreto Nedlands parents take action

  03-11-2022 09:10 via businessnews.com.au
  
  Parents of Loreto Nedlands students have demanded a swathe of documents amid a probe into the sudden decision to close the school.
  
  Read more

• At Close of Business 3 November 2022

  03-11-2022 09:00 via businessnews.com.au
  
  Senior editor Mark Beyer discusses shifts atop Data & Insights' ranking of environmental services firms and offers highlights from his recent conversation with Ecocene.
  
  Read more

• Ecocene targets nature-positive work

  03-11-2022 08:39 via businessnews.com.au
  
  Ecocene blends a traditional environmental consultancy with new technology.
  
  Read more

• More controls needed on influencers

  03-11-2022 08:36 via businessnews.com.au
  
  WA still lags other states in terms of how it deals with lobbying and donations.
  
  Read more

• Green light for CBD traffic buster

  03-11-2022 08:11 via businessnews.com.au
  
  Commuters battling their way onto freeways from Perth CBD in peak hour may be in for some relief, with Infrastructure Australia endorsing early-stage plans to ease the infamous congestion.
  
  Read more

• ASX dives after Fed pledges to keep hiking

  03-11-2022 08:07 via businessnews.com.au
  
  The local share market has fallen sharply after the chairman of America's powerful central bank declared rate hikes had "still some ways to go".
  
  Read more

• Union being ‘disingenuous’: Sanderson

  03-11-2022 08:04 via businessnews.com.au
  
  Amber-Jade Sanderson branded the nursing union's rejection of a second wages deal “disingenuous”, claiming it was now the only thing standing in the way of getting its key demand.
  
  Read more

• Sanderson claims union being ‘disingenuous’

  03-11-2022 08:04 via businessnews.com.au
  
  Amber-Jade Sanderson branded the nursing union's rejection of a second wages deal “disingenuous”, claiming it was now the only thing standing in the way of getting its key demand.
  
  Read more

• Firefinch cuts losses at Morila mine

  03-11-2022 08:04 via businessnews.com.au
  
  Firefinch’s ailing Morila gold mine in Mali is tipped to fall into insolvency, with the company unable to raise capital to revive the operation or find a suitable buyer.
  
  Read more

• A ride home at 3am already cost Tenayah $110. Then the driver demanded more cash

  03-11-2022 08:02 via abc.net.au
  
  The Queensland government is vowing to crack down on rogue operators in the taxi and rideshare industries amid reports of threats and price gouging.
  
  Read more

• Negative gearing and capital gains tax discount set to cost the budget $20b a year within a decade

  03-11-2022 07:13 via abc.net.au
  
  The cost of negative gearing is set to more than triple as interest rates rise and, with it, the capital gains tax discount is expected to cost the federal budget more than $20 billion a year within a decade.
  
  Read more

• Negative gearing and capital gains tax discount set to cost the budget $20 billion a year within a decade

  03-11-2022 07:13 via abc.net.au
  
  The cost of negative gearing is set to more than triple as interest rates rise and, with it, the capital gains tax discount is expected to cost the federal budget more than $20 billion a year within a decade.
  
  Read more

• HBF in state of sunshine with deal

  03-11-2022 07:00 via businessnews.com.au
  
  HBF has acquired its second Queensland-based business in 18 months with the purchase of QCHF.
  
  Read more

• Tourist mecca seeks match with like-minded farmers

  03-11-2022 06:47 via abc.net.au
  
  The Grow for Noosa project has been launched to ensure the tourist mecca can access ethically sourced, nutrient-rich food now and into the future.
  
  Read more

• Ambitious Noosa project launched to support planet-friendly sustainable food production, cut food miles

  03-11-2022 06:47 via abc.net.au
  
  The Grow for Noosa project has been launched to ensure the tourist mecca can access ethically sourced, nutrient-rich food now and into the future.
  
  Read more

• Citadel-MAGNUS closes $50m sale

  03-11-2022 06:33 via businessnews.com.au
  Investor relations and communications firm Citadel-MAGNUS has closed a bumper $50 million sale to US company Morrow Sodali, with two Perth executives among the big winners.
  
  Read more

• Historic Wattle Grove farm hits market

  03-11-2022 06:01 via businessnews.com.au
  
  Lovegrove Turf Farm’s founders are selling 15ha of land in Wattle Grove worth more than $20 million, after years of interest from some of the country’s largest developers.
  
  Read more

• Global deals reshape WA consulting

  03-11-2022 05:03 via businessnews.com.au
  
  A series of big mergers and acquisitions has reshaped the ranking of environmental consulting firms in WA.
  
  Read more

• Consensus unlikely on IR reform

  03-11-2022 05:00 via businessnews.com.au
  
  Jim Chalmers has acknowledged the business community may not end up agreeing with the government’s industrial relations reforms.
  
  Read more

• Committee opposes Stirling Highway project

  03-11-2022 04:35 via businessnews.com.au
  
  A project proposed on the former Ford Motors and Matilda Bay Brewery site is off to a rocky start with the City of Fremantle’s planning committee opposing the $185 million proposal.
  
  Read more

• MinRes goes after Pigozzo’s ‘sidekick’

  03-11-2022 04:23 via businessnews.com.au
  
  Mineral Resources’ battle with a former contracts manager has spilled out into the Supreme Court, with the Chris Ellison-led miner pursuing a partner in the alleged secret commissions deal.
  
  Read more

• MinRes goes after Pigozzo’s ‘accomplice’

  03-11-2022 04:23 via businessnews.com.au
  
  Mineral Resources’ battle with a former contracts manager has spilled out into the Supreme Court, with the Chris Ellison-led miner pursuing the other partner in the alleged secret commissions deal.
  
  Read more

• Mining company ERA granted emergency payment to fund clean-up of uranium mine in Kakadu National Park

  03-11-2022 03:34 via abc.net.au
  
  Cash-strapped miner Energy Resources of Australia says the federal government has agreed to release almost $60 million from the security bond meant to ensure the mine site is rehabilitated.
  
  Read more

• Mining company ERA allowed to dip into security bond to fund clean-up of uranium mine in Kakadu National Park

  03-11-2022 03:34 via abc.net.au
  
  Cash-strapped miner Energy Resources of Australia says the federal government has agreed to release almost $60 million from the security bond meant to ensure the mine site is rehabilitated.
  
  Read more

• This coastal hostel is booked out for the next two years, but not by backpackers

  03-11-2022 03:10 via abc.net.au
  
  Cameron Morris would normally be gearing up for a busy summer playing host to tourists — but the housing and skills shortage in regional WA has his business catering to an entirely different clientele.
  
  Read more

• Business incubator 'empowers' seasonal workers to become entrepreneurs

  03-11-2022 02:29 via abc.net.au
  
  A business skills and financial coaching program is training former seasonal workers to become "successful entrepreneurs" when they return to Vanuatu.
  
  Read more

• 'Whole industry on notice': Anti-money laundering watchdog probes Sportsbet and Bet365

  03-11-2022 02:19 via abc.net.au
  
  Australia's anti-money-laundering watchdog launches an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".
  
  Read more

• Sportsbet and Bet365 risk paying millions in penalties as AUSTRAC suspects anti-money laundering failures

  03-11-2022 02:19 via abc.net.au
  
  The Australian Transaction Reports and Analysis Centre (AUSTRAC) is launching an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".
  
  Read more

• Sportsbet and Bet365 risk losing millions in penalties as AUSTRAC suspects anti-money laundering failures

  03-11-2022 02:19 via abc.net.au
  
  The Australian Transaction Reports and Analysis Centre (AUSTRAC) launches an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".
  
  Read more

• Don't gag debate on workplace laws: Libs

  03-11-2022 02:03 via businessnews.com.au
  
  The federal opposition is calling on the government to allow extensive debate on controversial workplace law changes.
  
  Read more

• Food prices jump 7.3 per cent: Woolies

  03-11-2022 02:02 via businessnews.com.au
  
  Woolworths says that inflation accelerated during the September quarter, with food prices rising an average of 7.3 per cent.
  
  Read more

• SA premier lauds 'pragmatic' deal with Greens over paid parking at shopping centres

  03-11-2022 01:39 via abc.net.au
  
  The South Australian government reaches an agreement with the Greens that will both avoid industrial action by healthcare workers and allow restrictions on paid parking at shopping centres to pass parliament.
  
  Read more

• Paid parking restrictions at shopping centres to pass as SA government brokers deal for hospital workers

  03-11-2022 01:39 via abc.net.au
  
  The South Australian government reaches an agreement with the Greens that will both avoid industrial action by healthcare workers and allow restrictions on paid parking at shopping centres to pass parliament.
  
  Read more

• Weeks of mobile outages leave Wheatbelt residents frustrated

  03-11-2022 01:19 via abc.net.au
  
  Telstra has issued an apology after prolonged outages in the Wheatbelt that have left customers frustrated and considering other service providers.
  
  Read more

Follow @Analyst_News_AU on Twitter!