Analyst news

• Latrobe Valley paper mill flags stand-downs, possible job losses ahead of Christmas

  05-12-2022 23:59 via abc.net.au
  
  The Maryvale paper mill is the Latrobe Valley's biggest employer, but timber supply issues mean it is looking at standing down up to 300 workers.
  
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• Fears jobs could be gone before Christmas as timber shortage hits Victorian paper mill's operations

  05-12-2022 23:59 via abc.net.au
  
  The Maryvale paper mill is one of the Latrobe Valley's biggest employers, but timber supply issues mean it is looking at standing down up to 300 workers.
  
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• The latest attempt to put a cable car on kunanyi/Mount Wellington is over

  05-12-2022 23:58 via abc.net.au
  
  Almost a decade of planning, lobbying and debate come to an end as the Mount Wellington Cableway Company confirms it will not appeal against its defeat in the state planning tribunal.
  
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• Hobart cable car proposal defeated as company confirms it won't lodge appeal

  05-12-2022 23:58 via abc.net.au
  
  Almost a decade of planning, lobbying and debate come to an end as the Mount Wellington Cableway Company confirms it will not appeal against its defeat in the state planning tribunal.
  
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• Live: ASX to drop ahead of RBA interest rate decision, Wall Street sinks

  05-12-2022 21:41 via abc.net.au
  
  A fall on Wall Street is likely to send Australian stocks lower, while the Reserve Bank is almost universally tipped to raise interest rates again this afternoon.
  
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• Live: ASX falls as RBA lifts interest rates, ABS records high income deficit

  05-12-2022 21:41 via abc.net.au
  
  A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.
  
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• Live: ASX falls ahead of RBA interest rate decision, Wall Street sinks

  05-12-2022 21:41 via abc.net.au
  
  A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank is almost universally tipped to raise interest rates again this afternoon.
  
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• Live: ASX falls ahead of RBA interest rate decision, ABS records high income deficit

  05-12-2022 21:41 via abc.net.au
  
  A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank is almost universally tipped to raise interest rates again this afternoon.
  
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• ASX falls as RBA lifts interest rates, ABS records high income deficit — as it happened

  05-12-2022 21:41 via abc.net.au
  
  A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.
  
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• Volvo is shipping over Australia's first two electric prime movers, but driving them is illegal

  05-12-2022 20:35 via abc.net.au
  
  The transport industry is the second-biggest polluter in Australia and its decarbonisation is critical to meet lagging climate change targets, but industry insiders say simple changes to regulation could be made now to charm the freight industry into making the switch. 
  
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• Midnight delivery? How electric trucks could transform the way cities operate

  05-12-2022 20:35 via abc.net.au
  
  The transport industry is the second-biggest polluter in Australia and its decarbonisation is critical to meet lagging climate change targets, but industry insiders say simple changes to regulation could be made now to charm the freight industry into making the switch. 
  
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• Webuild abandons Clough deal

  05-12-2022 10:58 via businessnews.com.au
  
  Italy's Webuild has backed out of a conditional deal to buy struggling engineer Clough, plunging the 102-year old Perth-based company into administration.
  
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• At Close of Business 5 December 2022

  05-12-2022 09:00 via businessnews.com.au
  
  Matt Mckenzie talks about what he learned when he covered a political rally while in the US, and Jordan Murray discusses his recent conversation with the Washington's new top diplomat in WA.
  
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• $104m expansion plan for underground power

  05-12-2022 08:36 via businessnews.com.au
  
  Western Power has flagged five more areas to be part of City of Vincent's underground power network, potentially adding $104 million to the total project costs.
  
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• Poynton joins Perth Airport

  05-12-2022 08:30 via businessnews.com.au
  
  Company director John Poynton has quietly added to his board portfolio, joining Perth Airport two months ago as a representative of the Australian government’s Future Fund.
  
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• Apartment shortage looms

  05-12-2022 08:21 via businessnews.com.au
  
  No new apartment stock has been launched to the Perth market during the third quarter of 2022, as developers wait for unit prices to catch up with rapidly rising construction costs.
  
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• Mining gains send Aust shares up 0.3 pc

  05-12-2022 08:16 via businessnews.com.au
  
  The local bourse finished up 0.3 per cent, boosted by the likes of Fortescue, BHP and Rio Tinto as iron ore prices rose amid hopes of China's further reopening.
  
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• Hancock backs Arafura for $60m

  05-12-2022 08:15 via businessnews.com.au
  
  Hancock Prospecting will take up a 10 per cent stake in Arafura Rare Earths via the ASX lister’s latest capital raising and another show of diversity for the Rinehart investment wheelhouse.
  
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• Xsights backed by Mostyns

  05-12-2022 07:05 via businessnews.com.au
  
  Agribusiness giant Craig Mostyn has led a $2 million investment round into Fremantle-based location and sensing data company Xsights Digital.
  
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• Work remains to stop sexual harassment

  05-12-2022 07:00 via businessnews.com.au
  
  The true prevalence of sexual harassment in the workforce is likely to be much higher than official figures.
  
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• Government specifies big cybersecurity upgrade to keep ATO, Centrelink data out of hackers' hands

  05-12-2022 06:44 via abc.net.au
  
  The Optus and Medibank hacks were a "wake-up call" for corporate Australia — now the government wants a cybersecurity boost for itself.
  
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• Ventia wins $320m SKA works

  05-12-2022 06:23 via businessnews.com.au
  
  Ventia has been selected for a $320 million contract for works at the Square Kilometre Array site, with the seven-year project to have a peak workforce of nearly 200.
  
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• Ventia wins $200m SKA works

  05-12-2022 06:23 via businessnews.com.au
  
  Ventia has been selected for a $200 million contract for works at the Square Kilometre Array site, with the seven-year project to have a peak workforce of nearly 200.
  
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• Lycopodium secures West African Resources contract

  05-12-2022 05:06 via businessnews.com.au
  
  West African Resources has awarded a contract to East Perth engineering services company Lycopodium, over works on its $430 million Kiaka gold project in Burkina Faso.
  
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• Warrego rallies amid Rinehart, Stokes standoff

  05-12-2022 05:05 via businessnews.com.au
  
  Warrego Energy shares are continuing skyward as investors wait to see whether Stokes-backed Beach Energy will match rival bidder Gina Rinehart’s $350 million cash offer for the Perth Basin developer.
  
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• These farmers say their flood warnings have been ignored for 70 years, and now their fears have been realised

  05-12-2022 04:44 via abc.net.au
  
  Landholders in central west NSW are calling for work to improve a section of the Perth to Sydney railway line.
  
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• Fire to shut down IGO flagship for ‘several weeks’

  05-12-2022 03:18 via businessnews.com.au
  
  A diesel engine room fire that broke out at IGO’s Nova operation over the weekend will take operations offline for up to four weeks, the company says.
  
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• Police yet to decide fate of dogs that killed meter reader Kane Minion south of Brisbane

  05-12-2022 03:11 via abc.net.au
  
  The two dogs thought to have mauled Mr Minion to death remain in the custody of Logan City Council while a multi-agency investigation into the attack continues. 
  
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• Police yet to decide fate of dogs that killed meter reader Kane Minion at Logan

  05-12-2022 03:11 via abc.net.au
  
  The two dogs thought to have mauled Mr Minion to death remain in the custody of Logan City Council while a multi-agency investigation into the attack continues. 
  
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• New face of US presence in WA

  05-12-2022 02:00 via businessnews.com.au
  
  Washington’s top diplomat in Perth is adamant the Australia-US relationship is stronger than any political strife.
  
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• Newspoll shows lift for Labor and Albanese

  05-12-2022 01:33 via businessnews.com.au
  
  Labor leader Anthony Albanese has ­enjoyed a surge in support as preferred prime minister, the latest Newspoll shows.
  
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• Ticket revenue and attendance up after return of Adelaide 500 to city streets

  05-12-2022 00:53 via abc.net.au
  
  The South Australian government says ticket revenue for the Adelaide 500 is up 60 per cent on the last Supercars race in the city two years ago, but the cost of the race has not been disclosed.
  
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• ASX opens higher, Wall Street mixed on strong employment numbers

  05-12-2022 00:51 via abc.net.au
  
  Stronger iron ore prices boost miners on the Australian share market after Wall Street ends mixed when employers hired more people than expected in November. 
  
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• ASX boosted by miners as China eases COVID curbs, Wall Street mixed on strong employment numbers

  05-12-2022 00:51 via abc.net.au
  
  Stronger iron ore prices boost miners on the Australian share market.  Wall Street ends mixed as employers hired more people than expected in November. 
  
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• ASX boosted by miners as China eases COVID-19 curbs after protests, as lockdowns hurt Chinese economy

  05-12-2022 00:51 via abc.net.au
  
  The Australian share market is driven by miners as iron ore prices rose as China lifted some COVID-19 restrictions. However, lockdowns took their toll on the Chinese economy last month. 
  
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• Still no buyers for cafe from Queensland's cart and bull days

  05-12-2022 00:33 via abc.net.au
  
  A busy heritage cafe where north Queensland locals and visitors gather for scones below gum trees has failed to attract buyers after 12 months on the market. 
  
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