Analyst news

• What a major automaker's bid to go fully electric in Australia says about hybrids

  08-11-2022 23:48 via abc.net.au
  
  Volvo has stolen a march on other old world automakers by vowing to go fully electric in Australia in four years. So what does the plan say about the future of hybrids?
  
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• As coal-fired power stations age, could Queensland see blackouts this summer?

  08-11-2022 23:36 via abc.net.au
  
  The Callide Power Station was out of operation for part of a day last week. There's some concern if that were to happen during a heatwave, a blackout could occur.
  
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• Single ticket wins record $3.14 billion Powerball jackpot after months without winner

  08-11-2022 22:41 via abc.net.au
  
  The odds of winning the jackpot are 1 in 292.2 million.
  
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• ASX to rise, Wall Street volatile during US midterm elections

  08-11-2022 21:32 via abc.net.au
  
  Australian shares are expected to start the day higher as investors bet on a political stalemate that could prevent major policy changes in the US midterm elections.
  
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• ASX rises, Wall Street volatile during US midterm elections

  08-11-2022 21:32 via abc.net.au
  
  Australian shares have started the day higher as investors bet on a political stalemate that could prevent major policy changes in the US midterm elections.
  
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• ASX jumps on mining boost, NAB falls on bleak outlook, Wall St rises during US midterm elections

  08-11-2022 21:32 via abc.net.au
  
  Australian shares advance for a fourth straight session on Wednesday, led by mining stocks as iron ore prices surge on hopes of China easing its COVID curbs, while NAB slumps on a dire lending outlook.
  
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• It's a pristine coral reef system that you've likely never heard of, but tourism advocates want to change that

  08-11-2022 21:28 via abc.net.au
  
  The state government has revealed how it will manage tourism and conservation at the Abrolhos Islands, but not everyone is happy. 
  
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• Every time it rains, water leaks into the living room of Joanne's brand new home

  08-11-2022 20:20 via abc.net.au
  
  Systemic failures in communication and a fragmented approach to regulation are leaving some people in unsafe homes and cumulatively costing consumers billions of dollars , a leaked government report finds.
  
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• As soon as Joanne moved into her brand new townhouse, the problems started

  08-11-2022 20:20 via abc.net.au
  
  Systemic failures in communication and a fragmented approach to regulation are leaving some people in unsafe homes and cumulatively costing consumers billions of dollars , a leaked government report finds.
  
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• An aged care resident, worker and CEO respond to the 15pc pay rise for the sector

  08-11-2022 20:13 via abc.net.au
  
  Aged care workers are set for a 15 per cent wage rise, but who gets it, and will it be enough to keep people in the industry?
  
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• Aged care workers are getting a 15 per cent pay rise – but is it enough?

  08-11-2022 20:13 via abc.net.au
  
  Aged care workers are set for a 15 per cent wage rise, but who gets it, and will it be enough to keep people in the industry?
  
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• SA's first satellite to piggyback on Musk mission in 2023

  08-11-2022 20:11 via abc.net.au
  
  Named Kanyini, South Australia's first locally-made satellite secures a launch date with Elon Musk's SpaceX transporter mission in October 2023.
  
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• It's known for its terrible service — now employees at Karen's Diner say it's also an unsafe workplace

  08-11-2022 19:45 via abc.net.au
  
  On Molly's second shift they say a customer reached up their dress. Molly told management but says nothing was done about it.
  
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• Why are our iron ore miners ramping up production as China's economy slows down?

  08-11-2022 18:49 via abc.net.au
  
  WA's iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?
  
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• Nobel prize winner's warning to Australia on AUKUS nuclear submarine deal

  08-11-2022 18:45 via abc.net.au
  
  Australia is warned the AUKUS submarine deal will be a huge undertaking that will involve "one of the biggest training and workforce development challenges Australia has faced".
  
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• BGC posts $41.6m loss

  08-11-2022 10:41 via businessnews.com.au
  
  BGC was the second builder this week to paint a picture of how dire the sector is, posting its annual results.
  
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• Western Power hit with $18m penalty

  08-11-2022 09:13 via businessnews.com.au
  
  Western Power will have $18.5 million docked from its revenue by the Economic Regulation Authority for falling below service standard targets.
  
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• Ellenbrook land under new framework

  08-11-2022 09:09 via businessnews.com.au
  
  More than 600 hectares of land in North Ellenbrook has recently been assessed as potential future development plans loom for the area.
  
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• At Close of Business 8 November 2022

  08-11-2022 09:00 via businessnews.com.au
  
  Senior journalist Claire Tyrrell talks about highlights from her recent conversation with Primewest's founders following the group's rebranding as Centuria.
  
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• Italy’s Webuild to buy Clough

  08-11-2022 08:50 via businessnews.com.au
  
  Italian contractor Webuild has struck a deal to buy engineering company Clough with a cash payment of just $500,000 and cancellation of a big inter-company loan.
  
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• Push for Perth to host COP climate summit

  08-11-2022 08:26 via businessnews.com.au
  
  Copenhagen, Glasgow, Paris; now there’s a move to add Perth to the list of host cities for the huge UN COP international climate conference.
  
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• Aust stocks higher despite energy losses

  08-11-2022 08:19 via businessnews.com.au
  
  The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.
  
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• Two dead in South32 smelter incident

  08-11-2022 08:02 via businessnews.com.au
  
  Two South32 employees have been killed and a contractor seriously injured at the miner’s Mozal aluminium smelter in Mozambique.
  
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• Treasury recommends market intervention to lower Australian power prices

  08-11-2022 07:24 via abc.net.au
  
  The federal government's chief economic advisor endorses market intervention to cap or reduce coal and gas prices, warning unusually high company profits are coming at the expense of poorer Australians.
  
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• Wizard seeking $50m for national growth

  08-11-2022 07:21 via businessnews.com.au
  Fast-growing Perth business Wizard Pharmacy has engaged EY to find a private investor to support its expansion to 100 stores across Australia.
  
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• Logging company admits unlawfully felling trees in Queensland world heritage area

  08-11-2022 07:19 via abc.net.au
  
  A company guilty of logging in protected rainforest without approval argues it was asked to do the work by traditional owners wanting to live on country.
  
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• Mobile phone triangulation laws to be changed to help find 'high risk' missing people

  08-11-2022 06:37 via abc.net.au
  
  The government rushes changes to telecommunication laws through parliament to allow police and emergency services to more regularly triangulate the mobile phones of missing people deemed at "high risk" of harm.
  
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• Queensland rocket engine passes final stage of testing in bid to launch into orbit next year

  08-11-2022 05:48 via abc.net.au
  
  A Queensland space company reaches the final milestone after their rocket engine passed the final qualification stage needed to go into orbit next year.
  
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• Comedians suspended from Twitter after impersonating Elon Musk

  08-11-2022 05:41 via abc.net.au
  
  Elon Musk warns Twitter will permanently suspend any account on the social media platform that impersonates another. 
  
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• SA crane business attempts to lure 150 British workers amid skills shortage

  08-11-2022 05:37 via abc.net.au
  
  The business says it would happily hire qualified Australian workers, but there are simply not enough of them.
  
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• Mums launch childcare careers to stop remote region's talent drain

  08-11-2022 05:20 via abc.net.au
  
  A childcare crisis in the Kimberley is driving down productivity and forcing families to leave. But there are hopes a new training program will make life easier for parents. 
  
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• SubiXO attracts more tenants

  08-11-2022 05:04 via businessnews.com.au
  
  Northern Star Resources and SRG Global are among the businesses moving into 500 Hay Street, as its developer allays fears about the building's structural integrity.
  
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• Ashforth joins Goldman Sachs

  08-11-2022 05:02 via businessnews.com.au
  Perth dealmaker Michael Ashforth is making a return to investment banking, seven years after he retired from Macquarie Capital to work for ‘rich lister’ Angela Bennett.
  
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• Manager describes day-to-day pressures of 'overwhelmed' department managing Robodebt scheme

  08-11-2022 04:32 via abc.net.au
  
  Coalition-era Commonwealth bureaucrats felt pressured to find new ways to rein in potential welfare fraud and non-compliance, the Robodebt royal commission hears.
  
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• Department director was nominated for Australia Day award for his role in Robodebt scheme, inquiry hears

  08-11-2022 04:32 via abc.net.au
  
  Coalition-era Commonwealth bureaucrats felt pressured to find new ways to rein in potential welfare fraud and non-compliance, the Robodebt royal commission hears.
  
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• Centuria players’ new lease on life

  08-11-2022 03:52 via businessnews.com.au
  
  The Primewest brand may be gone but its three founders are still doing deals.
  
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• Scrooge is coming for Christmas: Spending cuts planned as consumer confidence drops below GFC lows

  08-11-2022 03:23 via abc.net.au
  
  Consumer confidence plunges below the levels seen during the global financial crisis, causing a record number of households to slash their Christmas spending plans.
  
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• Mortgage borrower confidence is at rock bottom and it could mean a lean Christmas for many

  08-11-2022 03:23 via abc.net.au
  
  Consumer confidence plunges below the levels seen during the global financial crisis, causing a record number of households to slash their Christmas spending plans.
  
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• Process reform must reflect urgency

  08-11-2022 02:05 via businessnews.com.au
  
  The federal government has proposed six steps to improve the procurement process, which is too long in an increasingly dynamic environment.
  
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• Discounts firm banks on retail therapy

  08-11-2022 02:05 via businessnews.com.au
  
  Three Perth mates have raised US$5m for their US-based shopping startup.
  
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• Is the latest Medibank data threat part of a 'derivative attack'? We may be about to find out

  08-11-2022 01:44 via abc.net.au
  
  A cybercriminal individual or group demanding a ransom threatens to release Medibank client data within the next day as Australia's largest health insurer faces a possible class action over the hacking of sensitive information for 9.7 million current and former customers.
  
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• Cybercriminal threatens to release Medibank customer data within 24 hours

  08-11-2022 01:44 via abc.net.au
  
  A cybercriminal individual or group demanding a ransom threatens to release Medibank client data within the next day as Australia's largest health insurer faces a possible class action over the hacking of sensitive information for 9.7 million current and former customers.
  
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• Government eyes off super tax concessions

  08-11-2022 01:31 via businessnews.com.au
  
  Super tax concessions are in the Albanese government's line of sight as it looks for opportunities to boost revenue and repair the budget bottom line.
  
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• Port of Newcastle bill passed, paving way for large-scale container terminal

  08-11-2022 01:15 via abc.net.au
  
  The NSW lower house has voted in favour of a bill to extinguish financial penalties on the Port of Newcastle.
  
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• Port of Newcastle bill likely to be passed today, paving way for large-scale container terminal

  08-11-2022 01:15 via abc.net.au
  
  An agreement has been reached with the NSW Government on a bill to remove a controversial cap on the number of containers the Port of Newcastle can move.
  
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