Analyst news

• Ambitions clear, pathway less so for miners

  29-11-2022 23:00 via businessnews.com.au
  
  More than three quarters of the world’s biggest miners have pledged net zero, but a lack of clear reporting guidelines and the right leaders to hit their targets are areas of concern.
  
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• 'Affront to workers': Doctors blast Western Australia's industrial umpire over threat to deregister nurses union

  29-11-2022 22:43 via abc.net.au
  
  The head of the peak medical organisation representing doctors in Western Australia describes a threat to deregister the Australian Nursing Federation as "Thatcher-like". 
  
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• 'Affront to workers': Doctors blast WA's industrial umpire over threat to deregister nurses union

  29-11-2022 22:43 via abc.net.au
  
  The head of the peak medical organisation representing doctors in WA describes a threat to deregister the Australian Nursing Federation as "Thatcher-like". 
  
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• Traditional owners slam NT government’s 'disgraceful' plan to allow fracked gas to be sold before full approvals are granted

  29-11-2022 21:44 via abc.net.au
  
  A powerful Aboriginal land council has accused the NT government of treating traditional owners with contempt over its plans to legislate changes that allow companies to sell gas fracked during the "appraisal phase". 
  
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• Distillery transforms gravel patch into a thriving 'shrine' to urban farming

  29-11-2022 21:38 via abc.net.au
  
  An urban farm in Wollongong's CBD is taking 500 litres of commercial organic waste a week and growing fruits and herbs to give a distillery a flavoursome point of difference.
  
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• New data shows Black Friday and Cyber Monday sales top $7 billion — breaking last year's record

  29-11-2022 21:37 via abc.net.au
  
  Australian shares are expected to start the day slightly lower, taking cues from losses on Wall Street overnight.
  
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• ASX to drop after losses on Wall Street, oil gains on hopes of China easing COVID-19 restrictions

  29-11-2022 21:37 via abc.net.au
  
  Australian shares are expected to start the day slightly lower, taking cues from losses on Wall Street overnight.
  
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• ASX rises, AUSTRAC takes Star to court, Black Friday and Cyber Monday sales top $7 billion

  29-11-2022 21:37 via abc.net.au
  
  Australian shares have edged higher as the October's consumer price index (CPI) shows inflation is easing.
  
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• ASX falls, AUSTRAC takes Star to court, Black Friday and Cyber Monday sales top $7 billion

  29-11-2022 21:37 via abc.net.au
  
  Australian shares have started the day slightly lower, taking cues from losses on Wall Street overnight.
  
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• We want to know what's happening inside the real estate industry

  29-11-2022 21:24 via abc.net.au
  
  Almost every adult in Australia interacts with real estate agents at some point, whether through buying, selling or renting. Four Corners wants to know about your experience.
  
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• Worried about cherries for your Christmas feast? We have some good news

  29-11-2022 20:34 via abc.net.au
  
  Despite tighter budgets for many, there is still plenty of fresh produce that will be relatively affordable for Christmas. Cherries are starting to arrive and stone fruit is looking good, but seafood lovers should put their order in soon.
  
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• How to do Christmas on a budget this year, with cherries, mangoes and stone fruit all on the menu

  29-11-2022 20:34 via abc.net.au
  
  Despite tighter budgets for many, there is still plenty of fresh produce that will be relatively affordable for Christmas.
  
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• Fraudsters are using real ABNs for their scam websites. So how do you spot a fake?

  29-11-2022 19:00 via abc.net.au
  
  Farmers are being targeted by scammers claiming to be selling second-hand tractors online. The machinery doesn't exist, but the Australian Business Number is real. 
  
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• Australian artist tops Apple Music's 2022 global chart

  29-11-2022 17:50 via abc.net.au
  
  The Kid Laroi's 2022 saw him achieve massive success, especially thanks to his collaboration with superstar Justin Bieber.
  
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• Seismic data drives Blue Ocean plans

  29-11-2022 10:20 via businessnews.com.au
  
  Underwater technology company Blue Ocean Monitoring has cited success in a recent seismic testing trial at its joint venture with major petroleum players as a major step towards an IPO next year.
  
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• WA's industrial umpire threatens to suspend registration of state's nurses union

  29-11-2022 10:07 via abc.net.au
  
  The Industrial Relations Commission says it is considering taking steps to suspend the registration of the Australian Nursing Federation.
  
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• AusGroup moving on sale

  29-11-2022 09:09 via businessnews.com.au
  
  AusGroup’s Australian businesses will likely be sold after the contractor’s Singaporean parent entered restructuring, but the company has promised no disruption to local operations.
  
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• Roy Hill declares $3.3bn dividend

  29-11-2022 08:58 via businessnews.com.au
  Gina Rinehart has continued to reap big gains from the iron ore sector, with Roy Hill Holdings declaring another large dividend despite a fall in annual profit.
  
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• Varanus Island gas leak will not impact Western Australia's energy supply, says minister

  29-11-2022 08:51 via abc.net.au
  
  Energy Minister Bill Johnston says a gas leak at a pipeline off the coast of Western Australia's Pilbara region, which has forced Santos to cut output at its Varanus Island facility, will not impact the state's gas supply.
  
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• Bunbury Forum to sell for $76.8m

  29-11-2022 08:24 via businessnews.com.au
  
  The proposed sale price is more than $60 million less than what Challenger paid for the asset in 2013.
  
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• Good Drinks sets big earnings goals

  29-11-2022 08:23 via businessnews.com.au
  
  Good Drinks Australia is banking on increased revenue streams in a bid to reach a new EBITDA target of between $25 million and $30 million in the next three years.
  
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• Wholesale gas prices to be capped under government plan to intervene in market

  29-11-2022 08:14 via abc.net.au
  
  Anthony Albanese and his cabinet are set to endorse a multi-pronged strategy to curb sky-high power prices, as pressure mounts on the government to urgently intervene in the market. 
  
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• ASX rebounds amid China reopening rumours

  29-11-2022 08:12 via businessnews.com.au
  
  The local share market has climbed higher in afternoon trading after a listless morning, on hopes that China might relax its zero-COVID lockdowns.
  
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• At Close of Business 29 November 2022

  29-11-2022 08:04 via businessnews.com.au
  
  Senior editor Mark Beyer covers highlights from a recent Business News-hosted boardroom forum, which brought together industry figures to discuss issues facing the state's infrastructure pipeline.
  
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• Davies breaks with feds, backs Voice

  29-11-2022 08:00 via businessnews.com.au
  
  Objection to the proposed First Nations Voice within the Nationals is not universal, with Mia Davies declaring she and the state division will continue to support constitutional change.
  
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• Anglican school reveals new $53m campus

  29-11-2022 07:00 via businessnews.com.au
  
  St George’s Anglican Grammar School is set to move from its current campus from 2025, after purchasing 441 Murray Street for $23 million last year.
  
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• Woodside exec to lead Fortescue

  29-11-2022 06:55 via businessnews.com.au
  
  Fortescue Metals Group has poached one of Woodside Energy’s top executives, Fiona Hick, as its new chief executive.
  
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• Top executive leaves Forrest empire

  29-11-2022 06:49 via businessnews.com.au
  
  Stephen Daly has stepped down as chief operating officer for Minderoo and Tattarang after a three-and-a-half year stint inside the Forrest family businesses.
  
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• Moody’s lifts ratings outlook

  29-11-2022 06:30 via businessnews.com.au
  
  Moody’s Investors Service has lifted its credit rating outlook for Western Australia from ‘stable’ to ‘positive’ but has not reinstated the coveted triple-A rating.
  It comes five months after rival agency S&P Global Ratings went one better, restoring its AAA credit rating for WA.
  
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• Australian pharmaceutical company fined $2 million in Federal Court for criminal cartel conduct

  29-11-2022 05:53 via abc.net.au
  
  Alkaloids of Australia's conduct in fixing the price of a drug used in over-the-counter motion sickness has been described as deliberate and covert.
  
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• Major investment bank predicts global stock markets will crash in 2023

  29-11-2022 05:43 via abc.net.au
  
  Central banks around the world are working to get inflation back under control — but it will come at significant economic cost, Deutsche Bank warns.
  
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• Floating offshore windfarms proposed for Eden, Newcastle, and the Illawarra

  29-11-2022 05:39 via abc.net.au
  
  Coastal communities in support of renewables embrace the Oceanex Energy proposal.
  
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• Supercars event to include sensory space for those living on the spectrum

  29-11-2022 05:36 via abc.net.au
  
  The Adelaide 500 will have a dedicated space to cater for those living on the autism spectrum and their families after a 12-year-old boy made the suggestion to the state government. 
  
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• ‘Stop with the boys club’: Chevron workplace culture report lays bare bullying, sexual harassment

  29-11-2022 05:07 via abc.net.au
  
  Almost half of Chevron's employees have experienced bullying and close to a third have been subjected to sexual harassment, according to a report into the oil and gas giant's Australian workplace culture.
  
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• Almost half of Chevron's employees say they've been bullied at work, as report lays bare 'inappropriate' culture

  29-11-2022 05:07 via abc.net.au
  
  Almost half of Chevron's employees have experienced bullying and close to a third have been subjected to sexual harassment, according to a report into the oil and gas giant's Australian workplace culture.
  
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• Aventuur advances plan for WA surf park

  29-11-2022 05:06 via businessnews.com.au
  
  A proposal to build what promises to be the largest surf park in the southern hemisphere has been referred to the state’s environmental watchdog for assessment.
  
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• Flaws found in Defence reporting

  29-11-2022 05:00 via businessnews.com.au
  
  Defence’s integrated investment program has come under scrutiny with the national audit office lashing the department’s failure to effectively disclose details of the $134 billion scheme.
  
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• 'An extraordinary decision': Energy umpire finds power retailer Synergy unlawfully price-gouged customers

  29-11-2022 04:31 via abc.net.au
  
  The independent energy umpire finds the government-owned West Australian power provider unlawfully overcharged customers tens of millions of dollars by artificially inflating its prices between 2016 and 2017.
  
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• Green light for Vasse hospital

  29-11-2022 04:30 via businessnews.com.au
  
  A $70 million hospital will be constructed in Vasse to meet the health care demands from the Busselton and Margaret River communities.
  
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• Entertainment industry dealt blow as live music venue shuts down

  29-11-2022 04:11 via abc.net.au
  
  The Sunshine Coast's recovering music industry has been dealt a major blow with the largest live music venue in the region suddenly shutting its doors permanently.
  
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• COVID, cost of living and poor weather have forced this live music venue's doors to close for good

  29-11-2022 04:11 via abc.net.au
  
  The Sunshine Coast's recovering music industry has been dealt a major blow with the largest live music venue in the region suddenly shutting its doors permanently.
  
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• COVID-19, cost of living and poor weather have forced this live music venue's doors to close for good

  29-11-2022 04:11 via abc.net.au
  
  The Sunshine Coast's recovering music industry has been dealt a major blow with the largest live music venue in the region suddenly shutting its doors permanently.
  
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• Infrastructure pressure points bite

  29-11-2022 03:04 via businessnews.com.au
  
  Business groups are calling for a more holistic response across all tiers of government to infrastructure and supply chain pressures.
  
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• Buyers of off-the-plan homes in Campbell complex left in limbo after development fails to secure finance

  29-11-2022 02:49 via abc.net.au
  
  Approval for The Foothills apartments at the base of Mount Ainslie was granted almost two years ago. But work on the site has now been stalled until at least the end of next year.
  
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• Aviation firefighters to strike nationally next week, potentially causing mass chaos at airports

  29-11-2022 02:40 via abc.net.au
  
  There could be mass disruption to both domestic and international air travel next Friday, as aviation firefighters prepare to walk off the job.
  
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• Aviation firefighters to strike nationally next week, as union accused of playing 'politics' with safety

  29-11-2022 02:40 via abc.net.au
  
  It is unclear whether airlines will reschedule or cancel flights that are due to take off or land during the planned four-hour strike at 27 airports across the Australia.
  
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• Macedon Lounge owners charged with dishonestly withholding thousands from staff

  29-11-2022 02:00 via abc.net.au
  
  The company is alleged to have dishonestly withheld more than $7,000 from four young former employees. 
  
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• Gas leak shuts down Santos operation

  29-11-2022 01:54 via businessnews.com.au
  
  Santos has been forced to temporarily shut down the John Brookes offshore platform in the Carnarvon Basin after finding a gas leak on a main trunkline.
  
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• Morrison to face rare parliamentary action

  29-11-2022 01:18 via businessnews.com.au
  
  Federal parliament is set to invoke a rare censure motion against Scott Morrison over the way he secretly appointed himself to ministerial portfolios.
  
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• New vision for changing climate

  29-11-2022 01:00 via businessnews.com.au
  
  One of Australia’s biggest charities is offering a straightforward solution to the climate crisis.
  
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