Analyst news

• Companies forced to repay $180,000 in regional development grants

  21-11-2022 23:08 via abc.net.au
  
  A struggling abattoir and a prominent cheesemaker in WA's South West are among several businesses forced to repay regional development grants, after failing to deliver on their promises.
  
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• Trying to get a second-hand van fixed was 'overwhelming' for this business owner, who says it must be easier

  21-11-2022 21:01 via abc.net.au
  
  Just weeks after Pushkar Gogia bought a refrigerated van for his dessert business, the vehicle's engine went "kaput". He says getting the problem fixed was much harder than it should have been — and consumer groups agree.
  
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• 'Can't make ends meet': Buying a faulty used car can mean financial ruin for many people

  21-11-2022 21:01 via abc.net.au
  
  Just weeks after Pushkar Gogia bought a refrigerated van for his dessert business, the vehicle's engine went "kaput". He says getting the problem fixed was much harder than it should have been — and consumer groups agree.
  
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• ASX to rise, Wall Street falls as spike in COVID-19 cases prompt China lockdowns

  21-11-2022 20:58 via abc.net.au
  
  Australian shares are expected to rise in morning trade, despite losses on Wall Street as a spike in COVID-19 cases and newly recorded deaths in China lead to lockdowns being reinstated in the world's second-largest economy.
  
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• ASX rises despite Wall Street's losses and China's renewed COVID-19 lockdowns

  21-11-2022 20:58 via abc.net.au
  
  Australian shares rise in morning trade, despite losses on Wall Street as a spike in COVID-19 cases and newly recorded deaths in China lead to lockdowns being reinstated in the world's second-largest economy.
  
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• 'The future is all electric': The new coalition fighting to get gas out of kitchens

  21-11-2022 19:45 via abc.net.au
  
  For decades, "natural gas" has sold itself to families as the fastest and most efficient way to cook. But now there's a battle for your kitchen stove, and a push to get you to embrace electric.
  
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• The battle for your kitchen: Why these experts want an end to gas cooking at home

  21-11-2022 19:45 via abc.net.au
  
  For decades, "natural gas" has sold itself to families as the fastest and most efficient way to cook. But now there's a battle for your kitchen stove, and a push to get you to embrace electric.
  
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• Chefs, doctors and property developers among new coalition calling to rid kitchens of gas cooking

  21-11-2022 19:45 via abc.net.au
  
  For decades, "natural gas" has sold itself to families as the fastest and most efficient way to cook. But now there's a battle for your kitchen stove, and a push to get you to embrace electric.
  
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• A 44-hour Jetstar delay ruined Stephen's family holiday. New figures reveal he is far from alone

  21-11-2022 18:52 via abc.net.au
  
  An industry-wide crisis of flight delays and cancellations continues to sweep Australian aviation, with concerns about what the peak summer travel season will look like.
  
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• A 44-hour Jetstar delay ruined Stephen's family holiday. New data reveal he is far from alone

  21-11-2022 18:52 via abc.net.au
  
  An industry-wide crisis of flight delays and cancellations continues to sweep Australian aviation, with concerns about what the peak summer travel season will look like.
  
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• Former Disney CEO returns after streaming service reports record loss

  21-11-2022 09:53 via abc.net.au
  
  Bob Iger comes out of retirement to try and turn around the company, which disappointed investors this month after revealing mounting losses at streaming platform Disney+.
  
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• WTO head says Australia should focus more on green hydrogen, less on coal

  21-11-2022 09:27 via abc.net.au
  
  The head of the World Trade Organisation says Australia should aim to reduce its reliance on coal exports and instead focus on green hydrogen.
  
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• ASX quiet again as banks gain, miners fall

  21-11-2022 08:58 via businessnews.com.au
  
  The local share market has had its sixth consecutive day of subdued trading, with losses by the big miners balanced by gains for the big banks.
  
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• Red 5 alludes to more potential suitors

  21-11-2022 08:56 via businessnews.com.au
  
  New goldminer Red 5 has told the market it is on track to hit commercial production at King of the Hills before the end of the year, with merger and acquisition discussions still on the table.
  
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• Perenti joins forces with ABB

  21-11-2022 08:40 via businessnews.com.au
  
  Australian mining services group Perenti has partnered up with global technology company ABB to push for more decarbonisation options for the industry.
  
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• At Close of Business 21 November 2022

  21-11-2022 08:30 via businessnews.com.au
  
  Political editor Gary Adshead explains why the state Liberal Party's money and strategy problems are continuing to mount.
  
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• Perth Airport posts bumper profit

  21-11-2022 08:10 via businessnews.com.au
  
  Perth Airport’s outgoing chief executive Kevin Brown is leaving on a high, announcing today a strong profit as aeronautical income recovers and its property portfolio jumped in value.
  
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• SIMPEC booked for $11.5m

  21-11-2022 07:05 via businessnews.com.au
  
  WestStar Industrial subsidiary SIMPEC has won a new contract and extensions for work on two WA projects, lifting its contracted revenue to $132 million nearly six months into the financial year.
  
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• Poseidon lays first Black Swan blueprint

  21-11-2022 05:51 via businessnews.com.au
  
  Poseidon Nickel has put a $99 million price tag on restarting its Black Swan operations as it continues sounding out potential investors to make the call on a final investment decision next year.
  
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• Senior MPs caught in CCC probe: report

  21-11-2022 05:00 via businessnews.com.au
  
  Some of WA's most prominent political figures could be under the CCC’s microscope following reports the state's anti-corruption watchdog was looking into possible misuses of electoral office funding.
  
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• Welshpool industrial building sells

  21-11-2022 04:58 via businessnews.com.au
  
  The Furnace Road building was on the market for less than a week, selling for $2.37 million.
  
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• Hancock claims IR move will jeopardise billions

  21-11-2022 04:48 via businessnews.com.au
  
  A $6 billion plan to expand the Roy Hill iron ore operation to 100mtpa will be put at risk by the federal government's proposed IR changes, Hancock Prospecting has warned.
  
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• Bargaining move would jeopardise billions

  21-11-2022 04:48 via businessnews.com.au
  
  A $6 billion plan to expand the Roy Hill iron ore operation to 100mtpa will be put at risk by the federal government's proposed IR changes, Hancock Prospecting has warned.
  
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• Green light for Edge's Crawley project

  21-11-2022 04:16 via businessnews.com.au
  
  A development assessment panel has unanimously approved Edge Visionary Living’s $70 million proposal for a seven-storey apartment opposite Steve’s Bar and Café in Nedlands.
  
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• NASA says people will be living on the Moon within this decade, as Orion nears fly-by

  21-11-2022 04:14 via abc.net.au
  
  Humans could be living on the Moon during this decade, according to a NASA official. But Mars is the ultimate goal. 
  
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• Cattle crushed, dying of hypothermia on deadly Bass Strait voyage, as ship's captain pleads guilty

  21-11-2022 04:02 via abc.net.au
  
  Dozens of cattle were left waiting for help from vets for more than six hours after a deadly Bass Strait crossing, during which many were crushed, a court hears.
  
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• Captain pleads guilty over voyage that saw cattle crushed, dying of hypothermia on the Bass Strait

  21-11-2022 04:02 via abc.net.au
  
  Dozens of cattle were left waiting for help from vets for more than six hours after a deadly Bass Strait crossing, during which many were crushed, a court hears.
  
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• Bass Strait cattle voyage saw ship sail into monster waves, court told

  21-11-2022 04:02 via abc.net.au
  
  Dozens of cattle were left waiting for help from vets for more than six hours after a deadly Bass Strait crossing, during which many were crushed, a court hears.
  
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• MP releases documents and accuses coal export industry of 'shocking misconduct'

  21-11-2022 03:44 via abc.net.au
  
  Independent MP Andrew Wilkie says documents given to him by a coal industry executive reveal that exporters have been lying about their lab results, and that the regulator has failed to act on widespread "shocking misconduct".
  
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• MP alleges coal exporters paid bribes and faked lab results to boost profits and dodge rejected shipments

  21-11-2022 03:44 via abc.net.au
  
  Independent MP Andrew Wilkie says documents given to him by a coal industry executive reveal that exporters have been lying about their lab results, and that the regulator has failed to act on widespread "shocking misconduct".
  
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• Hope audacious, but not a strategy

  21-11-2022 03:43 via businessnews.com.au
  
  Richard Wilson’s resignation as the Liberals’ WA president more than a year after an internal party review makes clear the reasons for the 2021 wipe-out remain.
  
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• Queensland government to close all of its Driver Reviver sites by next year

  21-11-2022 01:38 via abc.net.au
  
  The Queensland government has announced it will close all of its state-operated Driver Reviver sites next year. Some, including the Gin Gin stop on the Bruce Highway near Bundaberg, will close as early as January 2.
  
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• Business targets senators on Labor IR bill

  21-11-2022 01:31 via businessnews.com.au
  
  Senators have received an open letter from Australia's chambers of commerce, calling on them to vote down workplace relations reform if the bill is not split.
  
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• Bill aims to streamline liability

  21-11-2022 01:26 via businessnews.com.au
  
  The McGowan government wants to standardise and bring clarity to directors’ liability laws.
  
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• Rural streets 'like the Hume Highway' as truckies navigate multiple road closures

  21-11-2022 01:21 via abc.net.au
  
  Residents of tiny towns are pleading for truck drivers to slow down and respect road closures.
  
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• ASX stuck in stalemate as miners drag down Australian share market

  21-11-2022 00:48 via abc.net.au
  
  The Australian share market has opened flat after a week of trading that saw it virtually unchanged.
  
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• ASX closes down on Monday, as mixed trade delivers wins then losses

  21-11-2022 00:48 via abc.net.au
  
  The Australian share market has ended marginally lower on Monday, after a week of trading that saw it virtually unchanged.
  
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