Analyst news

• Stuck between regional and metro, Ipswich hospitality businesses are struggling to stay open

  13-01-2023 22:38 via abc.net.au
  
  Despite a busy festive period, Ipswich business are closing their doors, struggling to find staff to cope with demand.
  
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• Pubs and restaurants in Ipswich struggle to stay open as job ads go unanswered

  13-01-2023 22:38 via abc.net.au
  
  Despite a busy festive period, Ipswich business are closing their doors, struggling to find staff to cope with demand.
  
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• Direct beach access for billionaire's Ningaloo resort blocked after plans to re-route road scrapped

  13-01-2023 21:37 via abc.net.au
  
  The state government has walked away from a road realignment that could have used at least $6 million of taxpayers' money, due to Aboriginal heritage and environmental concerns.
  
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• Why your mortgage rate could rise further, even after the RBA stops hiking

  13-01-2023 20:39 via abc.net.au
  
  Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers.
  
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• Here's why your mortgage rate might keep increasing even after the Reserve Bank stops

  13-01-2023 20:39 via abc.net.au
  
  Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers.
  
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• Milestone reached in FMG fleet overhaul

  13-01-2023 12:00 via businessnews.com.au
  
  Fortescue Future Industries has received its first large vehicle battery system as the Forrest-backed outfit seeks to replace its conventional haul truck fleet with electric and hydrogen alternatives.
  
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• Boeing 737 MAX makes first passenger flight in China since fatal crashes

  13-01-2023 11:44 via abc.net.au
  
  The best-selling Boeing model was grounded in March 2019 after fatal crashes in Indonesia and Ethiopia. 
  
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• Woodside caravan protesters found guilty and fined, and police now seeking $33k compensation

  13-01-2023 10:49 via abc.net.au
  
  Two protesters may have to pay police $33,000 in compensation over a demonstration in Western Australia's north that blocked access to the country's biggest LNG hub. 
  
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• Resources giants donate $2.75m to Kimberley flood relief

  13-01-2023 08:57 via businessnews.com.au
  
  Woodside Energy and BHP have donated $2.75 million towards the Kimberley floods relief effort.
  
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• Headwinds ahead as market watchers worry

  13-01-2023 08:51 via businessnews.com.au
  
  Lower inflation numbers in the United States this week give hope that price pressure is slowing, according to Pitcher Partners executive director Christian Golding.
  
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• Australian Mines to pay penalty

  13-01-2023 08:32 via businessnews.com.au
  
  Australian Mines has settled a legal battle over breaches of ASX reporting by paying a penalty, but proceedings against its former managing director are ongoing.
  
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• Exxon Mobil predicted global warming with 'astonishing accuracy' while publicly denying climate change, report finds

  13-01-2023 08:30 via abc.net.au
  
  A new study finds the company's scientists predicted warming with precision equal to or better than government and academic scientists even as the company publicly contradicted them. 
  
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• Best week in months for Australian shares

  13-01-2023 08:29 via businessnews.com.au
  
  The Australian share market has posted its best weekly performance since early November, rising on Friday after further signs inflation has peaked in the US.
  
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• Mark My Words 13 January 2023

  13-01-2023 08:26 via businessnews.com.au
  
  Mark Pownall and Mark Beyer discuss Andrew Forrest, Cape Mentelle Vineyards, Julian Walter, CBH Group, Westpork and preview the next edition of Business News.
  
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• At Close of Business 13 January 2023

  13-01-2023 08:22 via businessnews.com.au
  
  Matt Mckenzie with the latest news including Devwest's lifeline, Australian Mines' court settlement, home lending and a local start up with a $3m deal.
  
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• Amazon launches tech in Perth

  13-01-2023 08:03 via businessnews.com.au
  
  Perth has secured Amazon Web Service’s cloud technology service targeting corporations such as Woodside Energy, HBF and Curtin University.
  
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• Refinancing surges, house lending drops

  13-01-2023 06:01 via businessnews.com.au
  
  New house lending fell for the 10th consecutive month after the Commonwealth Bank of Australia recorded a 3.7 per cent drop in November.
  
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• UAE oil boss to lead COP28 climate summit, worrying environmental activists

  13-01-2023 05:52 via abc.net.au
  
  Abu Dhabi National Oil Company CEO Sultan Ahmed al-Jaber will lead this year's COP28 climate summit, raising concerns big industry is hijacking the global response to environmental challenges.
  
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• SA government tight-lipped on taxpayer cost of invite-only Sam Smith concert in McLaren Vale

  13-01-2023 05:43 via abc.net.au
  
  Influencers and media personalities were among the crowd at an invitation-only concert featuring superstar Sam Smith at a South Australian winery, aimed at showcasing the state to potential tourists. But the government has refused to say how much the gig cost taxpayers.
  
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• Devwest lifeline for $37m Subi project

  13-01-2023 05:18 via businessnews.com.au
  
  The developer has been granted a six-month extension to commence its Olive Street apartment project, almost seven years on from when it was approved.
  
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• Devwest handed lifeline for $37m Subi project

  13-01-2023 05:18 via businessnews.com.au
  
  The developer has been granted a six-month extension to commence its Olive Street apartment project, almost seven years on from when it was first approved.
  
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• Jindalee spin-out listed on ASX

  13-01-2023 05:10 via businessnews.com.au
  
  Dynamic Metals, a spin-out of Jindalee Resources, has been listed on the ASX after $7 million was raised during its initial public offering.
  
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• Perth vet company secures $3m for expansion

  13-01-2023 05:04 via businessnews.com.au
  
  Perth-based veterinary technology company Vedi has secured $3 million to expand its digital medical record platform for pets.
  
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• Global investors back Perth startup

  13-01-2023 05:04 via businessnews.com.au
  
  Perth-based veterinary technology company Vedi has secured $3 million to expand its digital medical record platform for pets.
  
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• Global investors back Perth start-up

  13-01-2023 05:04 via businessnews.com.au
  
  Perth-based veterinary technology company Vedi has secured $3 million to expand its digital medical record platform for pets.
  
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• Kimberley floods an economic catastrophe

  13-01-2023 04:18 via businessnews.com.au
  
  Liberal shadow minister Neil Thomson writes about the devastation to businesses and communities from flooding in his home region of the Kimberley, and the urgency of rebuilding.
  
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• Aust stocks on track for strong week

  13-01-2023 03:45 via businessnews.com.au
  
  The local share market was up 0.8 per cent at lunchtime, putting it on pace for a 3.3 per cent gain for the week, following more signs of cooling US inflation.
  
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• WA timber company left with million-dollar bill after fire tears through plantations

  13-01-2023 02:04 via abc.net.au
  
  There are calls for the WA government to do more to protect plantation land from fire, amid concerns it could cost about a million dollars to replant timber impacted by blazes in WA's South West.
  
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• Next mining boom to boost income mobility

  13-01-2023 01:39 via businessnews.com.au
  
  Australia's rich critical mineral and clean energy resources could be harnessed to drive economic prosperity as seen in the mid-2010s mining boom.
  
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• Doubts over true carbon offsets persist, as farmers weigh up Chubb review findings

  13-01-2023 00:31 via abc.net.au
  
  With one method of gaining carbon credits put on hold and changes made to others, what does the Chubb review mean for farmers and Australia's big polluters?
  
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• Outback residents' quick thinking turns domestic air route into freight flight for town cut off by floods

  13-01-2023 00:04 via abc.net.au
  
  The Diamantina Shire Council region looks like an "inland sea" after a recent deluge cut off roads into Bedourie and Birdsville.
  
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