Analyst news

• Renewed push to expand Busselton Margaret River Airport after passenger numbers skyrocket

  02-02-2023 23:33 via abc.net.au
  
  Tourism businesses in the South West of WA have renewed calls for the state government to fund the expansion of the Busselton Margaret River Airport, with the facility expected to see nearly 100,000 passengers this year. 
  
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• East Kimberley businesses call for expansion of government freight subsidies as their flood isolation continues

  02-02-2023 23:26 via abc.net.au
  
  Businesses dependent on Western Australia’s severely damaged northern road network call for government support to keep their businesses afloat after unprecedented floods.
  
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• Loss of radioactive capsule a 'classic warning signal', risk expert says

  02-02-2023 22:59 via abc.net.au
  
  The loss of the tiny widget sparked a huge search in WA when it bounced out of a contractor's truck. The federal resources minister and a risk expert say a lesson needs to be learnt.
  
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• Queensland GP clinics may be given grace period to deal with payroll tax issues

  02-02-2023 22:44 via abc.net.au
  
  The Queensland Treasurer is in discussions with Premier Annastacia Palaszczuk about a plan to pause the implementation of payroll tax assessments on some GP clinics in a bid to curb increasing doctor fees. 
  
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• Qantas customers 'shame' airline after Alan Joyce apologises, while ASX closes higher — as it happened

  02-02-2023 21:28 via abc.net.au
  
  Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week. 
  
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• Live: Qantas customers 'shame' airline after Alan Joyce apologises for performance, while ASX continues to rise

  02-02-2023 21:28 via abc.net.au
  
  Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week. Shares are rising as this happens.
  
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• Live: Qantas boss apologises for 'routinely letting customers down', as ASX prepares to follow Europe

  02-02-2023 21:28 via abc.net.au
  
  Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week. Shares are rising as this happens.
  
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• Live: Qantas boss apologises for 'routinely letting customers down', as ASX continues to rise

  02-02-2023 21:28 via abc.net.au
  
  Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week. Shares are rising as this happens.
  
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• Live: European markets rise as interest rates hiked again, with ASX expected to follow

  02-02-2023 21:28 via abc.net.au
  
  Europe's two central banks have hiked their version of the cash rate, with the Reserve Bank of Australia expected to follow next week. Shares are rising as this happens.
  
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• Sydney's worst bus stops top Sweltering Cities heatwave danger list

  02-02-2023 21:15 via abc.net.au
  
  Sydney's most exposed and poorly considered bus stops are being called out as commuters face sweltering summer temperatures.
  
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• Corporate Australia is opening its books — and the numbers probably won't be too bad, for now

  02-02-2023 21:01 via abc.net.au
  
  It's time for the twice-a-year look inside corporate Australia, and analysts say this profit-reporting season is likely to signal a turning point for the economy as a whole.
  
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• 'Cautious around dividends': Australian companies expected to deliver big profits, but hang onto the cash

  02-02-2023 21:01 via abc.net.au
  
  It's time for the twice-a-year look inside corporate Australia, and analysts say this profit-reporting season is likely to signal a turning point for the economy as a whole.
  
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• Queensland's heatwave expected to push the power demand to new record

  02-02-2023 20:57 via abc.net.au
  
  Queensland's energy minister says the state will have enough electricity supply to make sure the "lights stay on" as the heatwave intensifies today with more balmy nights.
  
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• 'Head to the pool': Queensland's heatwave pushes up electricity demand as outages planned for some homes

  02-02-2023 20:57 via abc.net.au
  
  Queensland's energy minister says the state will have enough electricity supply to make sure the "lights stay on" as the heatwave intensifies today but planned outages will go ahead.
  
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• Trend of banning mobile phones in high schools 'not backed by research,' expert warns

  02-02-2023 19:23 via abc.net.au
  
  NSW Opposition Leader Chris Minns on Thursday praised South Australia for joining Tasmania, Victoria and Western Australia in banning the use of devices during school hours. 
  
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• Shocked UK PM condemns British Gas collection agents after they allegedly broke into customer's homes

  02-02-2023 16:08 via abc.net.au
  
  An investigation is underway following reports debt collectors working for British Gas broke into the homes of customers who were behind on their bills.
  
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• 'Windfall profits from the proceeds of war': Shell profit doubles as conflict drives up energy costs

  02-02-2023 12:56 via abc.net.au
  
  Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.
  
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• Surprise ambulance data shows Perth ahead

  02-02-2023 11:00 via businessnews.com.au
  
  It took less than 10 minutes on average for Perth ambulances to respond to emergencies in the year to June 2022, the second best performance across the country.
  
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• At Close of Business 2 February 2023

  02-02-2023 09:05 via businessnews.com.au
  
  Mark Pownall reveals some of the recent big moves in the Margaret River winery scene.
  
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• Former solar installer to repay $48k

  02-02-2023 08:44 via businessnews.com.au
  
  The director of a solar energy business that was based in WA for five years has been ordered to repay $48,000 for falsely claiming to have installed 11 solar systems.
  
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• Fed-fuelled rally fizzles on ASX but market ends higher

  02-02-2023 08:26 via businessnews.com.au
  
  The Australian share market rose after the US Fed chief hinted that an end to the tightening cycle was in sight, but the bourse's gains ebbed late in the day.
  
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• NAB forecasts house prices drop

  02-02-2023 08:19 via businessnews.com.au
  
  Home values are expected to fall across Australia, with the National Australia Bank expecting a 13 per cent drop in Perth's house prices this year.
  
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• NAB forecast house prices drop

  02-02-2023 08:19 via businessnews.com.au
  
  Home values are expected to fall across Australia with the National Australia Bank predicting a 13 per cent drop in Perth's house prices in the next 12 months.
  
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• New leadership for explorer, tech firm

  02-02-2023 08:05 via businessnews.com.au
  
  A mineral resources explorer and a technology development company have announced the appointment of new chief executives.
  
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• New leadership for explorer and tech companies

  02-02-2023 08:05 via businessnews.com.au
  
  A mineral resources explorer and a technology development company have announced the appointments of new chief executives.
  
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• South Perth residents sue Golder Associates

  02-02-2023 07:20 via businessnews.com.au
  
  The owners of 100 Mill Point Road have mounted another lawsuit over a flood in the building’s car park in 2017, this time pursuing four companies for alleged ‘negligence and nuisance’.
  
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• Little reason in nuclear option

  02-02-2023 07:00 via businessnews.com.au
  
  Australians should be under no illusion about nuclear energy’s shortcomings.
  
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• Cyber attack puts Black and White Cabs booking service offline

  02-02-2023 06:40 via abc.net.au
  
  The company says a CryptoLocker virus has infiltrated its network, and it has reported the attack to the Australian Cyber Security Centre.
  
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• 'Why should I pay for poor partner choices?': Lawyer called out over comments on paid DV leave laws

  02-02-2023 06:13 via abc.net.au
  
  A Queensland law firm director has defended comments he made about the financial impact of new domestic violence leave laws on small business owners.
  
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• World scrambles to tackle deepfakes amid warnings of information apocalypse

  02-02-2023 05:51 via abc.net.au
  
  Nations and international police agencies are fighting back as realistic fake videos created by artificial intelligence erode public trust in information.
  
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• Australian macadamia farm sells to Canadian investment company in $100m deal

  02-02-2023 05:42 via abc.net.au
  
  One of Australia's largest macadamia producers has sold its extensive network of orchards, along with a state-of-the-art cracking, processing and packing facility to an overseas buyer, while retaining the tourism and cafe arm of its family-run business.
  
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• SRG wins $220m Northern Star contracts

  02-02-2023 05:07 via businessnews.com.au
  
  Mining services provider SRG Global has won $220 million worth of contracts with Northern Star Resources for work at several of its Western Australian gold operations.
  
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• Green light for $51m South Hedland build

  02-02-2023 05:07 via businessnews.com.au
  
  A Queensland-based developer is one step closer to mitigating the housing shortage in South Hedland with its $51 million apartment project approved today.
  
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• Goiran gone as party secretary

  02-02-2023 04:33 via businessnews.com.au
  
  Nick Goiran has stepped aside as parliamentary secretary of the state Liberal Party, paving the way for a first-term upper house MP to take the job.
  
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• State well placed but work to do

  02-02-2023 04:00 via businessnews.com.au
  
  WA’s traditional economic strengths will partially insulate it from global headwinds, but new policy settings are needed.
  
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• Top US official to visit Perth

  02-02-2023 03:19 via businessnews.com.au
  
  US Secretary of the Interior Deb Haaland will visit Perth later this month, the first such visit since Secretary of State Hillary Clinton touched down in 2012.
  
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• Insiders lead Margaret River wine hunt

  02-02-2023 01:54 via businessnews.com.au
  
  Major local players have been active, but outsiders have woken up to the region’s importance.
  
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• Top-level talks on remedy for rising healthcare costs

  02-02-2023 01:47 via businessnews.com.au
  
  Anthony Albanese wants federal, state and territory healthcare systems to work together better but faces calls from leaders to increase Commonwealth spending.
  
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• Top-level talks on remedy for rising health care costs

  02-02-2023 01:47 via businessnews.com.au
  
  Anthony Albanese wants federal, state and territory healthcare systems to work together better but faces calls from leaders to increase Commonwealth spending.
  
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• More interest rate increases are warranted, says IMF

  02-02-2023 01:41 via businessnews.com.au
  
  Australia's economy is tracking toward a soft landing but the International Monetary Fund envisions more cash rate increases in 2023.
  
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• IMF urges tough tax reforms as Australia treads 'narrow path' to avoid recession

  02-02-2023 01:20 via abc.net.au
  
  The Albanese government is being urged to embark on a range of unpalatable economic and tax reforms to pay for massive spending already baked into its budget.
  
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• Government stands by 'inappropriate' income tax cuts, despite IMF's call to ditch them

  02-02-2023 01:20 via abc.net.au
  
  The Albanese government is being urged to embark on a range of unpalatable economic and tax reforms to pay for massive spending already baked into its budget.
  
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• King Charles snubbed as Australian $5 note gets royal redesign

  02-02-2023 00:53 via abc.net.au
  
  King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.
  
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• Dutton says King Charles snub in $5 note redesign an 'attack on society'

  02-02-2023 00:53 via abc.net.au
  
  King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.
  
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• Gautam Adani drops from third richest in the world to15th after abandoning share sale

  02-02-2023 00:46 via abc.net.au
  
  India's Gautam Adani suffers a stunning defeat with his flagship firm calling off its $3.5 billion share sale after an attack by a small US investment firm over his business practices.
  
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• Virgin Australia owes this WA town over $500k, and probably won't pay it all back

  02-02-2023 00:41 via abc.net.au
  
  The local council expects to get about 10 per cent of what it is owed.
  
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