Analyst news

• Dash for new gas plant in WA as demise of coal-fired power threatens supply

  21-02-2023 23:46 via abc.net.au
  
  Australian energy heavyweight breaks cover to call for new gas plant in the west as coal exodus threatens supply crunch.
  
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• Voluntary buybacks begin in Northern Rivers almost one year since catastrophic floods

  21-02-2023 22:59 via abc.net.au
  
  "Formal offers" are being received by homeowners in the highest-risk flood zones as the first round of the $700 million Resilient Homes program is rolled out.
  
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• Homeowners 'confused', anxious as voluntary buybacks begin in Northern Rivers

  21-02-2023 22:59 via abc.net.au
  
  While homeowners receive "formal offers" in the highest-risk flood zones, some residents say "vague" information has them "confused" and lacking certainty about their future.
  
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• Live: ASX200 tipped to follow Wall Street lower, new wages data out today

  21-02-2023 22:06 via abc.net.au
  
  The ASX200 is expected to lose early value, while December quarter wages data is out today. Follow live. 
  
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• Live: ASX 200 tipped to follow Wall Street lower, new wages data out today

  21-02-2023 22:06 via abc.net.au
  
  The ASX 200 is expected to lose early value, while December quarter wages data is out today. Follow live. 
  
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• Live: ASX 200 losses ease as wages growth moderates and takes some pressure off the RBA

  21-02-2023 22:06 via abc.net.au
  
  The December quarter wages data shows pay rises remain moderate despite the surging cost of living. The share market has pulled back from earlier losses on the data. Follow our live blog for the latest news and reaction.
  
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• Live: ASX 200 drops almost 1pc on open with Domino's down, as market awaits crucial wages data

  21-02-2023 22:06 via abc.net.au
  
  The market is following Wall Street down, with Domino's Pizza pulling down the pack. December quarter wages data is out today and is expected to influence where the RBA will next go on rate hikes. Follow live. 
  
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• ASX 200 loses ground, as wages growth moderates and takes some pressure off the RBA — as it happened

  21-02-2023 22:06 via abc.net.au
  
  The December quarter wages data shows pay rises remain moderate despite the surging cost of living. The share market pulled back from earlier losses on the data. Find out how the day played out.
  
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• $138 million plan to upgrade 'problem child' Surfers Paradise delayed at Gold Coast council

  21-02-2023 21:48 via abc.net.au
  
  A council committee votes to water down a proposed major plan to revitalise the tourist strip's fast-fading heart, citing the need for community consultation and questioning the cost.
  
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• Court documents reveal NT minister was warned financial decision on massive remote mine could be 'inappropriate'

  21-02-2023 21:33 via abc.net.au
  
  The documents show NT Mining and Industry Minister Nicole Manison slashed the environmental security bond at one of the world's largest lead and zinc mines despite formal advice that doing so could be "premature and inappropriate".
  
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• Coober Pedy locals scared of being 'pulled over and robbed' while travelling 500km to the nearest bank

  21-02-2023 20:18 via abc.net.au
  
  The outback town is an opal-mining Mecca, with large sums of money often exchanged in cash. But Coober Pedy's only bank closed for good last week — too late to be saved by a Senate inquiry into regional bank closures.
  
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• Struggling South Australian families brace for heatwave amid rising power costs

  21-02-2023 20:07 via abc.net.au
  
  Social services and charities fear those with air conditioners will be tempted to leave them switched off to save on power risking their health — and even their life.
  
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• Venice's canals run dry as Italy's Alps receive less than half their normal snowfall

  21-02-2023 09:30 via abc.net.au
  
  Unusually low tides are making it impossible for gondolas, water taxis and ambulances to navigate some of the lagoon city's famous canals.
  
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• King seeks consensus on gas, climate

  21-02-2023 09:16 via businessnews.com.au
  
  As criticism of the government’s energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.
  
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• At Close of Business 21 February 2023

  21-02-2023 09:11 via businessnews.com.au
  
  On today's episode, Matt Mckenzie interviews Jordan Murray about his latest discussion with Federal Resources Minister Madeleine King.
  
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• Cash Converters in AUSTRAC trouble, writes-off goodwill

  21-02-2023 08:47 via businessnews.com.au
  
  Cash Converters is in strife with the Australian Transaction Reports and Analysis Centre and has flagged plans to write-off its entire goodwill.
  
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• Cash Converters hit by double blow

  21-02-2023 08:47 via businessnews.com.au
  
  Cash Converters has been forced to tighten up its anti-money laundering program and has flagged plans to write-off its entire goodwill.
  
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• BHP, big banks weigh down ASX

  21-02-2023 08:43 via businessnews.com.au
  
  The ASX has recovered most of its morning losses to finish down 0.2 per cent as traders digested a hawkish message from the Reserve Bank.
  
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• Mining giant BHP to sell two coal mines as profits slump, royalties increase

  21-02-2023 08:10 via abc.net.au
  
  Mining giant BHP announces its intention to sell two central Queensland mines, one of which has been operating for 50 years.
  
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• Mining giant BHP to sell two coal mines as profits slump, royalties hike frustrates

  21-02-2023 08:10 via abc.net.au
  
  Mining giant BHP announces its intention to sell two central Queensland mines, one of which has been operating for 50 years.
  
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• Iluka commits to $480m project

  21-02-2023 08:08 via businessnews.com.au
  
  Iluka Resources has capped off a strong earnings report by approving the development of a mine in NSW and detailed studies on another in Victoria.
  
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• Australia's energy regulator calls for urgent investment as widespread electricity shortages are predicted by 2027

  21-02-2023 08:03 via abc.net.au
  
  Australia's energy regulator is calling for more investment in energy production to avoid a shortfall. It's warning that without a significant boost in production, east coast Australians are at risk of electricity shortages by 2027.
  
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• Bellevue Gold boss halves stake

  21-02-2023 08:01 via businessnews.com.au
  
  Bellevue Gold’s Steve Parsons has sold half of his stake in the aspiring gold miner for a tidy $17.8 million in his transition from managing director to a non-executive board role.
  
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• New VC funds win state support

  21-02-2023 07:36 via businessnews.com.au
  
  Some of Perth’s most experienced venture capitalists are seeking to raise more than $100 million for startup investment.
  
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• Mader, Perenti increases revenue guidances

  21-02-2023 07:33 via businessnews.com.au
  
  Mining services companies Mader Group and Perenti have increased their guidances after recording bolstered revenue in their first half results.
  
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• Mader, Perenti increase revenue guidances

  21-02-2023 07:33 via businessnews.com.au
  
  Mining services companies Mader Group and Perenti have increased their guidances after recording bolstered revenue in their first half results.
  
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• Broome lounge upgrade in Qantas’ $100m plan

  21-02-2023 07:25 via businessnews.com.au
  
  Qantas will splash out $100 million to upgrade lounges around the world, including a doubling the seats of one of its regional Western Australian facilities.
  
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• Broome lounge upgrade in $100m Qantas plan

  21-02-2023 07:25 via businessnews.com.au
  
  Qantas will spend $100 million to upgrade its lounges at airports worldwide, including doubling the seats of one of its regional Western Australian facilities.
  
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• Trade as a weapon of war

  21-02-2023 07:00 via businessnews.com.au
  
  The use of economic sanctions and trade tools can be effective supports for battlefield action.
  
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• The reasons insurers are giving flood victims as they struggle to get claims paid

  21-02-2023 06:26 via abc.net.au
  
  Some residents in Victoria's north say their insurance companies are attributing damage to their homes to "soil mitigation" and "tree proximity" in a bid to not fully pay claims.
  
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• Insurers questioning Victorian flood pay-outs angers residents, MP

  21-02-2023 06:26 via abc.net.au
  
  Some flood-affected Rochester residents say their insurance companies are attributing damage to their homes to "soil mitigation" and "tree proximity" in a bid to not fully pay claims.
  
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• Macmahon records revenue growth, ups guidance

  21-02-2023 05:48 via businessnews.com.au
  
  Macmahon Holdings has recorded steady growth in its first half and has increased its revenue guidance after renegotiating a contract extension for work in Indonesia.
  
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• Monadelphous grapples with staff shortages

  21-02-2023 04:54 via businessnews.com.au
  
  Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.
  
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• Half a billion dollars for Pilbara ports

  21-02-2023 04:47 via businessnews.com.au
  
  Port Hedland’s Lumsden Point will be one of the Pilbara-based ports slated for an upgrade as part of a $565 million funding boost to expand export and import capacity.
  
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• Feds fund $565m for Pilbara ports

  21-02-2023 04:47 via businessnews.com.au
  
  Port Hedland’s Lumsden Point will be one of the Pilbara-based ports slated for an upgrade as part of a $565 million funding boost to expand export and import capacity.
  
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• $565m for Pilbara ports upgrades

  21-02-2023 04:47 via businessnews.com.au
  
  Port Hedland’s Lumsden Point will be one of the Pilbara-based ports slated for an upgrade as part of a $565 million funding boost to expand export and import capacity.
  
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• For young jobseekers, blacksmithing could be the best job you've never heard of

  21-02-2023 04:14 via abc.net.au
  
  Despite its ancient role, Australia still needs more blacksmiths, and one Ipswich specialist wants the next generation to discover the rewards of his career.
  
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• Australia to flirt with recession this year, warns NAB

  21-02-2023 03:37 via abc.net.au
  
  Economists are warning Australia is at a heightened risk of recession in 2023 as the Reserve Bank keeps aggressively raising interest rates, with a per capita recession looking likely.
  
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• NSW facing power 'gaps' within three years as calls grow for urgent investment in grid

  21-02-2023 03:20 via abc.net.au
  
  The state is set to bear the brunt of reliability gaps in Australia's biggest power system as mass coal-fired power exits hit.
  
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• Inflationary pressures hit BHP's bottom line

  21-02-2023 02:12 via businessnews.com.au
  
  Muted iron ore prices combined with a 70 per cent spike in diesel costs crunched BHP’s underlying profit by 32 per cent during the first six months of FY23.
  
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• Maddy did all the right things before her first music festival, but still felt she did not belong

  21-02-2023 02:00 via abc.net.au
  
  Festival-goers with disability have said they were left stressed and disappointed by their experience at the Sydney Laneway Festival.
  
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• Consumer confidence ticks up after rate hike slump

  21-02-2023 01:31 via businessnews.com.au
  
  Australian consumers are feeling a little more upbeat but the nation's weekly measure of consumer confidence is still deeply in negative territory.
  
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• When half your town is holiday houses, where will the hospitality workers live?

  21-02-2023 01:11 via abc.net.au
  
  One Victorian council tries three different approaches in the search for an answer to the problem.
  
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• NSW government accused of 'outrageous' pork barreling as multi-billion-dollar road upgrade starts

  21-02-2023 00:47 via abc.net.au
  
  Taxpayers say the state government is wasting their money by starting construction on the Great Western Highway upgrade without a guarantee it will be completed.
  
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