Analyst news

• Heard more about home break-ins lately? Check out the data for your state or territory

  22-02-2023 23:16 via abc.net.au
  
  The Australian Bureau of Statistics says up to 194,100 Australian homes experienced a break-in over the past 12 months, an increase since COVID-19 lockdowns. 
  
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• An estimated 2 per cent of Australian households were broken into last financial year

  22-02-2023 23:16 via abc.net.au
  
  The Australian Bureau of Statistics says up to 194,100 Australian homes experienced a break-in over the past 12 months, an increase since COVID-19 lockdowns. 
  
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• Opposition accuses Labor of breaking election promise on potential superannuation changes

  22-02-2023 22:59 via abc.net.au
  
  The federal Coalition takes aim at the government's decision to open a conversation about superannuation changes, with Treasurer Jim Chalmers saying Labor does not want to "revolutionise" the system but is open to tweaking it.
  
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• Qantas half-year profit tops $1 billion as revenues triple on post-pandemic travel boom

  22-02-2023 22:43 via abc.net.au
  
  Qantas posts a billion-dollar half-year profit, dramatically turning around its fortunes from a $456 million loss for the same period a year earlier.
  
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• Qantas half-year profit tops $1 billion as revenues triple after travel restrictions lift

  22-02-2023 22:43 via abc.net.au
  
  Qantas posts a billion dollar half-year profit, dramatically turning around its fortunes from a $456 million loss for the same period a year earlier.
  
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• 'Left a bad taste in my mouth': Gleness is sick of dealing with Qantas and its big profit hasn't helped

  22-02-2023 22:43 via abc.net.au
  
  Despite a return to profit, Qantas still faces the anger of passengers and frequent flyers disappointed with flight delays, lost luggage, cancellations, credits and refunds.
  
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• Customer fed up with Qantas as half-year profits top $1 billion

  22-02-2023 22:43 via abc.net.au
  
  Despite a return to profit, Qantas still faces the anger of passengers and frequent flyers disappointed with flight delays, lost luggage, cancellations, credits and refunds.
  
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• Airfares to remain 'significantly above 2019 levels' Qantas warns, as it posts billion-dollar profit

  22-02-2023 22:43 via abc.net.au
  
  Qantas posts a billion-dollar half-year profit, dramatically turning around its fortunes from a $456 million loss for the same period a year earlier.
  
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• Medibank boss reveals how hackers stole people's data and Qantas posts $1bn first-half profit — as it happened

  22-02-2023 22:24 via abc.net.au
  
  The markets end lower as company reporting season winds down, with results from Qantas and Medibank making for interesting reading. Here's how the day unfolded.
  
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• Live: Medibank boss reveals how hackers stole data – multiple listed company earnings' data reveals state of market

  22-02-2023 22:24 via abc.net.au
  
  We've almost reached the end of company reporting season, but that doesn't mean the stories are winding down. Far from it. Qantas and Medibank results today make for some interesting reading. Stay with us for all the latest news.
  
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• Live: Earnings data to be released today, amid reporting season and US inflation jitters

  22-02-2023 22:24 via abc.net.au
  
  Average weekly earnings data will be released today, adding to what we learned yesterday about how quickly wages are going backwards in the face of inflation. Stay with us for all the latest news.
  
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• Uni students don't have enough money for food and rent

  22-02-2023 21:20 via abc.net.au
  
  Students are lining up for free food – but it's no sausage sizzle. They're queuing for basic groceries they can't afford.
  
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• Daniel thinks the big supermarkets are 'pocketing' big profits off surging prices. Is he right?

  22-02-2023 21:08 via abc.net.au
  
  The big supermarkets raked in combined profits of more than $1.5 billion over the last six months of 2022. But were they profiteering from inflation or just passing on rising costs?
  
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• Dan thinks Coles and Woolies are 'pocketing' big profits under the cover of inflation. What do the numbers reveal?

  22-02-2023 21:08 via abc.net.au
  
  The big supermarkets raked in combined profits of more than $1.5 billion over the last six months of 2022. But were they profiteering from inflation or just passing on rising costs?
  
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• Twitter, TikTok and Google ordered to explain efforts to crack down on child abuse trade

  22-02-2023 14:25 via abc.net.au
  
  Five social media companies face daily fines of up to $700,000 if they do not reveal to Australia's eSafety commissioner what they are doing to combat the trade in child exploitation material on their platforms.
  
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• Former manager of First Nations broadcaster group jailed for stealing $130,000 worth of equipment

  22-02-2023 09:45 via abc.net.au
  
  Robert Mitchell, 39, was sentenced after pleading guilty to using company credit cards or bank accounts to steal about 100 pieces of equipment from CAAMA in Alice Springs.
  
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• Rio Tinto clips dividend as profit slides

  22-02-2023 09:15 via businessnews.com.au
  
  Sky-high fuel and inflationary costs took a $US2.63 billion chunk out of Rio Tinto’s underlying earnings for 2022 against a backdrop of weaker commodity prices.
  
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• At Close of Business 22 February 2023

  22-02-2023 08:49 via businessnews.com.au
  
  Senior journalist Claire Tyrrell discusses recent activity in Perth's commercial property sector.
  
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• ASX falls to six-week low after mixed data

  22-02-2023 08:24 via businessnews.com.au
  
  The ASX has finished down 0.3 per cent as strong US and weak Australian economic data sent mixed messages to investors.
  
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• ASX falls to 6-week low after mixed data

  22-02-2023 08:24 via businessnews.com.au
  
  The ASX has finished down 0.3 per cent as strong US and weak Australian economic data sent mixed messages to investors.
  
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• 'Monumentally botched job': Spain's rail head resigns after ordering trains too big for tunnels

  22-02-2023 08:12 via abc.net.au
  
  The mistake has caused an uproar in Spain since it was first revealed in early February, with several heads rolling over the bungled train order incident.
  
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• Schramm Group calls in administrators

  22-02-2023 07:52 via businessnews.com.au
  
  Drilling and equipment supplier Schramm Group has brought in voluntary administrators not two weeks after an employee was fatally injured at the company's workshop in Welshpool.
  
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• Sweeping reforms to supercharge density

  22-02-2023 07:37 via businessnews.com.au
  
  Developers will face even fewer hurdles when seeking approval for multi-million dollar builds as a result of the state government’s latest overhaul of planning laws.
  
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• Cedar Woods half-year results drop

  22-02-2023 07:36 via businessnews.com.au
  
  West Perth-based Cedar Woods Properties has reported a drop in both presales and revenue in its half-year results, but is still expecting a strong end to the year.
  
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• St Barbara gears up for Leonora merger

  22-02-2023 07:16 via businessnews.com.au
  
  Leonora centrepiece St Barbara has copped a big loss ahead of its merger with Genesis Minerals, as new miner Red 5 pushes its case as a “logical” processing hub for players in the prominent gold province.
  
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• Perth base for Finnish AI assault

  22-02-2023 07:00 via businessnews.com.au
  
  Ian Campbell has backed startup that offers a new level of customer insights.
  
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• Motorists travelling Tasmania's major highway facing delays as 10-year project drags on

  22-02-2023 06:40 via abc.net.au
  
  Motorists travelling on Tasmania's Midland Highway have already had their patience tested by a 10-year roadworks project slowing speeds — but now, with vehicles coming to a complete stop, businesses are saying the extra freight cost will have to be passed on.
  
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• Green light for Santa Maria arts centre

  22-02-2023 06:39 via businessnews.com.au
  
  Santa Maria College's proposal to build a $25 million performing arts centre at its Attadale campus was approved unanimously in a quick meeting this morning.
  
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• New leader, Gaming and Wagering Commission

  22-02-2023 06:06 via businessnews.com.au
  
  Western Australian Gaming and Wagering Commission has welcomed Michael Schaper as its new chair, announced by Racing and Gaming Minister Reece Whitby this morning.
  
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• New leader for Gaming Commission

  22-02-2023 06:06 via businessnews.com.au
  
  Western Australian Gaming and Wagering Commission has appointed Michael Schaper as its new chair, announced by Racing and Gaming Minister Reece Whitby this morning.
  
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• This elder and anti-gas campaigner is suddenly the face of a pro-fracking website, and no one can say who's behind it

  22-02-2023 06:05 via abc.net.au
  
  Ray Dimakarri Dixon has been a long-time critic of fracking in the NT's Beetaloo basin. So it was with surprise that the Mudburra elder learned his image was being used without permission on a website advocating the development of the gas-rich region.
  
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• 'Astroturfing' claims as Aboriginal elder's image used without consent to spruik pro-fracking website

  22-02-2023 06:05 via abc.net.au
  
  Ray Dimakarri Dixon has been a long-time critic of fracking in the NT's Beetaloo basin. So it was with surprise that the Mudburra elder learned his image was being used without permission on a website advocating the development of the gas-rich region.
  
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• Carnarvon sells Dorado stake

  22-02-2023 05:29 via businessnews.com.au
  
  Carnarvon Energy has agreed to sell a 10 per cent stake in the Dorado gas field and neighbouring fields in a deal worth up to $US146 million.
  
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• Perth band heads to Eurovision

  22-02-2023 04:45 via businessnews.com.au
  
  A Perth band led by Business News' 40under40 winner Daniel Estrin will represent Australia on the world stage at the Eurovision Song Contest 2023.
  
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• Santos books $US2bn profit

  22-02-2023 04:09 via businessnews.com.au
  
  Rising oil and gas prices fuelled by the Russian invasion of Ukraine have propelled gas producer Santos to record profits.
  
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• CBD office market mounts comeback

  22-02-2023 03:53 via businessnews.com.au
  
  Perth’s office market is showing signs of strengthening.
  
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• Changes to super are being considered. So what's being put forward?

  22-02-2023 03:40 via abc.net.au
  
  The federal government has made it clear it wants to have a conversation about changing our superannuation system. Here are some of the ideas being put forward by it and other groups. 
  
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• Tattarang embarks on $500m Sydney hotel project

  22-02-2023 03:32 via businessnews.com.au
  
  Andrew and Nicola Forrest-led Tattarang has acquired prime Sydney land for more than $500 million, with plans to construct Australia’s first Waldorf Astoria Hotel.
  
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• King accepts risk posed by US subsidies

  22-02-2023 03:30 via businessnews.com.au
  
  Madeleine King has acknowledged efforts by the US government to support green energy and decarbonisation could threaten investment in Australia's own nascent hydrogen industry.
  
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• Wages growing at 3.3 per cent, not as bad as the Reserve Bank feared

  22-02-2023 02:08 via abc.net.au
  
  While the growth is slower than economists were expecting, it is not expected to completely allay the RBA's concerns over a wage-price spiral. 
  
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• Reserve Bank accused of 'economic gaslighting' as wages growth misses forecasts, again

  22-02-2023 02:08 via abc.net.au
  
  Wages growth again misses Reserve Bank and economist forecasts, as workers experience their biggest decline in real purchasing power on record.
  
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• Australians experienced their largest real wage decline on record in 2022

  22-02-2023 02:08 via abc.net.au
  
  While the growth is slower than economists were expecting, it is not expected to completely allay the RBA's concerns over a wage-price spiral. 
  
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• NSW Ports boss tells defence to look elsewhere for nuclear base

  22-02-2023 01:44 via abc.net.au
  
  NSW Ports chief executive Marika Calfas has called for the state's trade needs to be prioritised ahead of a nuclear base, while unveiling plans for an offshore wind farm facility at Port Kembla.
  
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• Treasurer wants 'national conversation' on super taxes

  22-02-2023 01:39 via businessnews.com.au
  
  Jim Chalmers says he won't "pretend away" pressures on the federal budget which includes superannuation tax concessions.
  
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