Analyst news

• Business is booming in this holiday town, yet owners are struggling to keep their doors open

  23-12-2022 23:43 via abc.net.au
  
  After being understaffed for 15 months, returning backpackers are finally helping to fill the void in hospitality, but some say more needs to be done.
  
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• Ban on rental bidding won't solve WA's housing crisis, real estate institute says

  23-12-2022 23:20 via abc.net.au
  
  A peak body for the real estate profession in Western Australia says building more houses is the best way to solve the state's housing shortage, not more regulation.
  
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• Christmas charity records 50pc drop in donations with poverty on the rise among Australia's working poor

  23-12-2022 22:22 via abc.net.au
  
  For some Australians, tomorrow will be a holiday of acceptable excess — opulent feasts, mountains of gifts and binge drinking. But many of those straddling the poverty line are worried they will have little to no food on the table.
  
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• 'A community that is struggling': NT charities report surge in demand as cost-of-living pressures bite

  23-12-2022 20:59 via abc.net.au
  
  Not-for-profit organisations say more people are seeking support this festive season, with some Darwin residents forgoing Christmas with family due to expensive airfares.
  
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• Hoyts swoops on Grand Cinemas

  23-12-2022 16:45 via businessnews.com.au
  
  Hoyts has bought three venues from Grand Cinemas and administrators mulling options for two remaining venues weeks after the longstanding Perth business went under.
  
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• Meta agrees to $1 billion settlement in Cambridge Analytica data privacy case

  23-12-2022 12:03 via abc.net.au
  
  The proposed settlement would end a long-running lawsuit prompted by 2018 revelations that Facebook allowed the British political consulting firm to access personal data of millions of users.
  
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• Meta agrees $1 billion settlement in Cambridge Analytica data privacy case

  23-12-2022 12:03 via abc.net.au
  
  The proposed settlement would end a long-running lawsuit prompted by 2018 revelations that Facebook allowed the British political consulting firm to access personal data of millions of users.
  
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• At Close of Business December 23 2022

  23-12-2022 08:07 via businessnews.com.au
  
  The latest headlines from Business News including the AusGroup sale, Clough negotiations and a new bar proposed for Northbridge.
  
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• Business News signs off for 2022

  23-12-2022 08:00 via businessnews.com.au
  
  Everyone at Business News would like to thank you for your support during 2022 and wish you a Merry Christmas and a safe and happy New Year.
  
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• ASX finishes lower for third straight week

  23-12-2022 07:55 via businessnews.com.au
  
  The local share market has closed 0.6 per cent lower with nearly all sectors in the red, and lost a similar amount for the week.
  
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• New leadership for Pilbara Ports

  23-12-2022 07:48 via businessnews.com.au
  
  New leadership is in store for the Pilbara Ports Authority after Ports Minister Rita Saffioti announced the appointment of a new chief executive.
  
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• Last ream of white paper comes out of Maryvale paper mill line, ending intergenerational jobs for local families

  23-12-2022 07:11 via abc.net.au
  
  A paper mill that has operated in the Latrobe Valley since 1937 has ceased production on its white paper line indefinitely.
  
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• Sheep farmers face stock conundrum

  23-12-2022 07:00 via businessnews.com.au
  
  The looming phase-out of the merino-dominated live sheep export trade may hit WA producers.
  
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• Altrad acquires AusGroup

  23-12-2022 05:47 via businessnews.com.au
  
  Global multi-services provider Altrad Services has acquired Singaporean company AusGroup, including all of its WA operations, while the company is in interim judicial administration.
  
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• Deloitte extends Clough negotiations to next year

  23-12-2022 05:38 via businessnews.com.au
  
  Administrators have granted Clough’s proposed new owner Webuild an extension to pin down a final agreement for the sale, allowing more time to negotiate and potentially take on more projects.
  
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• $2.35m advertising deal for Motio

  23-12-2022 05:25 via businessnews.com.au
  
  Advertising services provider Motio is set to acquire two of Australia-wide media company oOh!media’s advertising channels for $2.35 million.
  
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• $2.35 advertising deal for Motio

  23-12-2022 05:25 via businessnews.com.au
  
  Advertising services provider Motio is set to acquire two of Australia-wide media company oOh!media’s advertising channels for $2.35 million.
  
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• APM lines up $200m debt facility

  23-12-2022 05:23 via businessnews.com.au
  
  APM Human Services has secured a further $200 million debt facility, taking its total debt to over $1 billion, after entering a series of acquisitions.
  
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• Bar plan for $1.25m Northbridge site

  23-12-2022 05:01 via businessnews.com.au
  
  The owners and operators of Lucky Chan's and Dutch Trading Co have set their eyes on a vacant Northbridge building for their next multi-level hospitality venture.
  
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• European Lithium strikes deal with BMW

  23-12-2022 04:06 via businessnews.com.au
  
  European Lithium has signed a U$15 million deal with automotive manufacture BMW to supply its first batch of battery grade lithium.
  
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• Euopean Lithium strikes deal with BMW

  23-12-2022 04:06 via businessnews.com.au
  
  European Lithium has signed a U$15 million deal with automotive manufacture BMW to supply its first batch of battery grade lithium.
  
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• Think big on investing in our regions

  23-12-2022 04:00 via businessnews.com.au
  
  WA needs a forward-looking and long-term approach to sustainable regional development.
  
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• Could this be the end of jumping pillows? Caravan park owners think so as insurance becomes harder to find

  23-12-2022 03:54 via abc.net.au
  
  Caravan park owners are struggling to find affordable insurance cover as prices continue to rise, with the Insurance Council of Australia saying some insurers have pulled out of the market.
  
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• Indigenous voice needs careful navigation

  23-12-2022 02:19 via businessnews.com.au
  
  Is there a better way to meet the expectations of all citizens?
  
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• Post-Christmas Boxing Day sales forecast to reach record $23.5 billion

  23-12-2022 01:48 via abc.net.au
  
  Australian shoppers are expected to spend a record $23.5 billion during the Boxing Day sales period — an increase of 7.9 per cent on last year.
  
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• Gas cap won't impact investment: Albanese

  23-12-2022 01:32 via businessnews.com.au
  
  A 12-month cap on the price of gas has begun as part of the federal government's energy relief measures agreed by state and territory leaders.
  
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• Australian Community Media offloads 14 newspapers to focus on 'core titles'

  23-12-2022 00:16 via abc.net.au
  
  The company behind the purchase of the regional newspapers says it plans to "breathe new life" into the publications.
  
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