Analyst news

• Wellard criticises ageing live export fleet, plans to build green fuel vessel

  17-11-2022 22:42 via abc.net.au
  
  Livestock vessel supplier Wellard says live export ships represent the world's second-oldest fleet, and with plans to build the first capable of running on biofuels derived from renewable materials, it hopes to be at the forefront of the next generation.
  
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• Wall Street in the red with Tesla, Amazon down more the 2 per cent, ASX to follow

  17-11-2022 21:32 via abc.net.au
  
  The Australian share market is set to open lower on Friday, as fears continue in the United States that rate hikes will continue and a recession is imminent.
  
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• BHP 'final' offer for OzMinerals values it at $9.6b

  17-11-2022 21:32 via abc.net.au
  
  It may be a strong day for the Australian share market's mining stocks, as OzMinerals reveals a final offer from BHP that values it at $9.6 billion.
  
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• ASX gaining with OzMinerals up 4 per cent, as BHP's 'final' offer values it at $9.6 billion

  17-11-2022 21:32 via abc.net.au
  
  It may be a strong day for the Australian share market's mining stocks, as OzMinerals reveals a final offer from BHP that values it at $9.6 billion.
  
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• ASX gaining with OzMinerals up 3.8pc on open, as BHP's 'final' offer values it at $9.6b

  17-11-2022 21:32 via abc.net.au
  
  It may be a strong day for the Australian share market's mining stocks, as OzMinerals reveals a final offer from BHP that values it at $9.6 billion.
  
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• ASX finishes higher with OzMinerals up 4 per cent, as BHP's 'final' offer values it at $9.6 billion

  17-11-2022 21:32 via abc.net.au
  
  OzMinerals' stock has topped the ASX 200 on Friday, after the company reveals a final offer from BHP that values it at $9.6 billion.
  
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• New Gold Coast mapping shows additional 88,000 properties at flood risk

  17-11-2022 20:19 via abc.net.au
  
  The mapping shows many more properties than previously thought will be at flood risk in a "worst-case" weather scenario, prompting concerns over insurance premiums.
  
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• Calls for employers to offer paid leave, cash advances and counselling to help staff suffering domestic violence

  17-11-2022 19:58 via abc.net.au
  
  New research shows that more than half of Australian small business owners suspect one of their staff members is experiencing domestic violence, but many feel ill-equipped to fix it.
  
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• 'Before they hit you, they hit near you': Deborah made a call to leave her violent abuser as her work turned away

  17-11-2022 19:58 via abc.net.au
  
  New research shows that more than half of Australian small business owners suspect one of their staff members is experiencing domestic violence, but many feel ill-equipped to fix it.
  
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• Black Friday spending frenzy tipped in Australia, despite soaring living costs. Here's what you need to know

  17-11-2022 19:37 via abc.net.au
  
  It's the final countdown to the consumer event of the year — Black Friday — a November sales spectacular imported from the US, and growing in popularity in Australia.
  
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• A spending frenzy is tipped for Black Friday in Australia, despite rising cost of living. Here's why

  17-11-2022 19:37 via abc.net.au
  
  It's the final countdown to the consumer event of the year — Black Friday — a November sales spectacular imported from the US, and growing in popularity in Australia.
  
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• Remember the turtle with the straw up its nose? Researchers say there's a way to make the producer accountable

  17-11-2022 19:30 via abc.net.au
  
  Technology is now available to trace plastic waste back to its producer, and researchers are arguing for a legal framework that makes producers responsible for the entire life cycle of the plastic they use.
  
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• Dutch court convicts three men for downing of Malaysian Airlines flight MH17

  17-11-2022 15:35 via abc.net.au
  
  A court in the Netherlands found the three men helped procure the surface-to-air missile launcher that shot the plane out of the sky.
  
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• Dutch court convicts three men for downing of Malaysia Airlines flight MH17

  17-11-2022 15:35 via abc.net.au
  
  A court in the Netherlands found the three men helped procure the surface-to-air missile launcher that shot the plane out of the sky.
  
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• WA nurses look set to reject 'insulting' government pay offer as statewide strike looms

  17-11-2022 13:01 via abc.net.au
  
  The McGowan government's in-principle pay agreement with nurses and midwives appears all but sunk, with their union now describing it as insulting.
  
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• Amazon begins slashing corporate workforce, following other tech giants

  17-11-2022 09:54 via abc.net.au
  
  Citing the economic environment and a need to adjust after years of recruitment, Amazon reveals it will sack 260 workers at various facilities that employ data scientists, software engineers and other corporate workers.
  
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• $27m accounting error at Communities

  17-11-2022 09:36 via businessnews.com.au
  
  A $27 million misstatement of the Department of Communities’ cash reserves is the latest example of “sloppy” financial management in the public sector, the Auditor General has warned.
  
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• Alcoa's local boss leaves as global CEO jets in

  17-11-2022 09:33 via businessnews.com.au
  
  Mining giant Alcoa has disclosed the departure this month of its Australian boss while confirming its global chief executive has been in Perth meeting with Premier Mark McGowan.
  
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• Aust shares edge up despite rate fears

  17-11-2022 09:00 via businessnews.com.au
  
  The local share market ended 0.2 per cent higher on Thursday, helped by gains in financials, health care and consumer stocks.
  
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• AMA Group pursues former executives

  17-11-2022 08:51 via businessnews.com.au
  
  Motor repair giant AMA Group has pursued another legal action against its former CEO, Perth-based entrepreneur Andrew Hopkins, in its latest bid to recover $2.4 million, allegedly misappropriated.
  
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• Tugboat company ordered to scrap employee lockout by Fair Work Commission

  17-11-2022 08:50 via abc.net.au
  
  Danish-owned tugboat company Svitzer has been ordered to abandon its industrial action planned for tomorrow after the Fair Work Commission found it would cause significant economic damage. 
  
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• Fair Work Commission orders Svitzer to scrap staff lockout

  17-11-2022 08:50 via abc.net.au
  
  Danish-owned tugboat company Svitzer has been ordered to abandon its industrial action planned for tomorrow after the Fair Work Commission found it would cause significant economic damage. 
  
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• At Close of Business 17 November 2022

  17-11-2022 08:30 via businessnews.com.au
  
  Senior editor Mark Beyer talks about his recent conversation with Sharon Warburton, and what her success as a company director means for women in search of board positions.
  
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• Shire supports $675m Collie battery project

  17-11-2022 08:23 via businessnews.com.au
  
  The Shire of Collie has backed international power producer NeoEn's proposal for a $675 million, 1,000-megawatt battery energy storage system on a 31.4-hectare piece of land in Palmer.
  
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• Perth syndicator divests $78.8m portfolio

  17-11-2022 08:11 via businessnews.com.au
  
  Properties & Pathways has sold off its industrial and logistics portfolio, comprising 120,000sqm of property across three states.
  
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• Emeco, Mincor renegotiate contract

  17-11-2022 08:08 via businessnews.com.au
  Emeco Holdings has announced a new chief executive for its underperforming Pit N Portal division while also renegotiating a major contract with Mincor Resources.
  
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• Premier calls for power prices compromise

  17-11-2022 08:00 via businessnews.com.au
  
  Mark McGowan has called on east coast energy providers to wear some pain amid an expected surge in energy prices over the next two years.
  
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• Premier calls for power prices comprise

  17-11-2022 08:00 via businessnews.com.au
  
  Mark McGowan has called on east coast energy providers to wear some pain amid an expected surge in energy prices over the next two years.
  
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• 'Sending a message to the world': Andrew 'Twiggy' Forrest pledges $744 million towards rebuilding Ukraine

  17-11-2022 07:55 via abc.net.au
  
  The mining magnate makes a donation to a fund that will pour money into primary infrastructure, including energy and communications, in the country. 
  
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• 'Not good for consumers': Deliveroo's demise pushes takeaway delivery towards a monopoly

  17-11-2022 07:51 via abc.net.au
  
  The collapse of Deliveroo in Australia will mean less choice in the nation's food delivery sector — and ultimately impact hospitality venues, gig economy drivers, and could make your takeaway pricier.
  
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• Wallace Bishop, Brisbane jeweller and former manufacturer of Melbourne Cup, dies aged 88

  17-11-2022 07:00 via abc.net.au
  
  Wallace Bishop, leader of one of Australia's oldest and most successful family jewellery businesses and manufacturer of the Melbourne Cup for 17 years, passes away.
  
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• Villa Maria bottles regional gems

  17-11-2022 07:00 via businessnews.com.au
  
  Options await a reinvigorated New Zealand favourite.
  
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• Ellison doubles down on lithium

  17-11-2022 06:39 via businessnews.com.au
  Mineral Resources boss Chris Ellison has no current plans to spin off its lithium business and remains keen to build a refinery at the company’s Wodgina mine in the Pilbara.
  
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• Bank vows headquarters will remain in regional Queensland following merger vote

  17-11-2022 06:05 via abc.net.au
  
  After the official merger on  March 21, 2023, the new entity will have 720,000 members, 1,900 employees, and more than $23 billion in assets.
  
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• Revamp of liquor laws in the offing

  17-11-2022 06:00 via businessnews.com.au
  
  Longer opening hours and year-round trading could be on the way for Perth’s small bars.
  
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• Hervey Bay dropped after hosting major sporting event for 12 years

  17-11-2022 05:51 via abc.net.au
  
  A carnival that attracts more than 3,000 junior touch football players to the Wide Bay region is moving to a new town and community leaders want to know why.
  
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• Australia Post apologises for 'inexcusable' sign in Adelaide post office

  17-11-2022 05:51 via abc.net.au
  
  A poorly worded post office sign stating the store cannot "take Indian photos" has met a fierce backlash online, as Australia Post apologises and promises a full investigation.
  
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• Three tourist attractions along West MacDonnell Ranges to close over summer

  17-11-2022 05:49 via abc.net.au
  
  An outback tourism body says it's a "concern but not a surprise" that three major attractions along the scenic West MacDonnell Ranges will close over the coming months.
  
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• Guy Sebastian's former manager jailed for embezzling $600,000 from singer

  17-11-2022 05:24 via abc.net.au
  
  Titus Day, who has been on bail up until today, fought back tears and hugged his supporters in the court before officers led him away.
  
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• Tasmanian farms touted as 'safe from climate change' as Vaucluse sale sets new benchmark

  17-11-2022 05:01 via abc.net.au
  
  Historic 1830s Georgian homestead and rural property in Tasmania's Midlands sells for more than $110 million. 
  
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• Could this Victorian hotel be the first in Australia to be named after King Charles III?

  17-11-2022 04:40 via abc.net.au
  
  Hundreds of "royal" hotels exist across the country, but owner Graham Francis claims this pub is the first to use the new king's name. And he hopes King Charles III pays it a visit when he is next in Australia.
  
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• Advanced Navigation wins KKR in $108m Series B

  17-11-2022 03:57 via businessnews.com.au
  
  A Perth-linked tech company which has worked with Boeing and Google, and counts Malcolm Turnbull as a backer, has secured $108 million from investors including KKR.
  
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• Advanced Navigation secures $108m, KKR backing

  17-11-2022 03:57 via businessnews.com.au
  
  A Perth-linked tech company that has worked with Boeing and Google, and counts Malcolm Turnbull as a backer, has secured $108 million from investors including KKR.
  
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• Meet the new owners of Brisbane's cross-river ferries

  17-11-2022 02:46 via abc.net.au
  
  A boatbuilder, a council ferry driver, young business owners, and a retiree are among the new owners of Brisbane's former wooden cross-river ferries.
  
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• Warburton pushes glass ceiling

  17-11-2022 02:07 via businessnews.com.au
  
  Sharon Warburton epitomises the rise of female company directors but the number of women chairing major WA companies remains very small.
  
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• Jobless rate shakes off pressures

  17-11-2022 01:59 via businessnews.com.au
  
  Rising interest rates and economic pressure have failed to dent WA’s jobless rate, steady at 3.5 per cent.
  
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• MPs back Australia-UK free trade deal

  17-11-2022 01:44 via businessnews.com.au
  
  A cross-party federal parliamentary committee has given the green light to a new trade deal between Britain and Australia.
  
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• Jobless rate falls, defying predictions of a rise in unemployment

  17-11-2022 01:36 via abc.net.au
  
  Australia's unemployment rate falls back to 3.4 per cent, defying economist expectations of an increase to 3.6 per cent.
  
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• 'Incredibly favourable to jobseekers': Unemployment falls back to half-century low

  17-11-2022 01:36 via abc.net.au
  
  Australia's unemployment rate falls back to 3.4 per cent, defying economist expectations of an increase to 3.6 per cent.
  
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• Employers are still struggling to find staff. Could Veeran's friends help fill the labour shortage?

  17-11-2022 01:36 via abc.net.au
  
  Australia's unemployment has fallen back to its lowest point since 1974, but some experts question whether it can stay there much longer as borders reopen and employers regain access to a global labour pool.
  
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