Analyst news

• Explorers raise $3.02 billion

  02-03-2023 23:57 via businessnews.com.au
  
  Australian-listed explorers raised a bolstered $3.02 billion during the December quarter after lithium and gold topped the charts for the most funds secured.
  
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• NSW Labor vows to ditch plan for Australia's longest road tunnel through Blue Mountains

  02-03-2023 23:21 via abc.net.au
  
  The party promises to reallocate money from the controversial Great Western Highway upgrade to spend on roads across western Sydney and regional NSW if it wins this month's state election.
  
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• NSW Labor to put brakes on plan for Australia's longest road tunnel through Blue Mountains

  02-03-2023 23:21 via abc.net.au
  
  The party promises to reallocate money from the controversial Great Western Highway upgrade to spend on roads across western Sydney and regional NSW if it wins this month's state election.
  
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• Why Harry Styles' penchant for feather boas is a concern for animal activists

  02-03-2023 22:30 via abc.net.au
  
  Pop star Harry Styles and Sydney's hosting of World Pride are credited with driving demand for feather boas. But animal welfare activists want revellers to understand the origins of their fashion items.
  
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• The ethics of Harry style: Animal activists urge fans to be boa smart

  02-03-2023 22:30 via abc.net.au
  
  Pop star Harry Styles and Sydney's WorldPride are credited with driving demand for feather boas. But animal welfare activists want revellers to understand the origins of their fashion items.
  
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• Rare earths essential for wind turbines and electric vehicles may soon be mined in SA

  02-03-2023 21:28 via abc.net.au
  
  The world is "highly dependent" on China for supplying the rare earth elements that power green energy and digital technologies, but a unique deposit could soon be mined in regional South Australia.
  
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• Sweet smell of success as country music legend sings cannabis crop's praises

  02-03-2023 21:26 via abc.net.au
  
  Performer and farmer James Blundell says "covert" youthful attempts to grow his own have turned into an enthusiasm to produce hemp on a grand scale — and he's not alone.
  
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• Sweet smell of success as country music legend James Blundell sings cannabis crop's praises

  02-03-2023 21:26 via abc.net.au
  
  The performer and farmer says "covert" youthful attempts to grow his own have turned into a new enthusiasm to produce hemp on an industrial scale — and he's not alone.
  
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• Qantas a decade away from pre-COVID staffing levels, ASX gains on market heavyweights — as it happened

  02-03-2023 20:56 via abc.net.au
  
  The local share market rose on the back of gains for the nation's biggest miners and banks, while Qantas announces thousands of new jobs. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Qantas a decade away from pre-COVID staffing levels, ASX gains on market heavyweights

  02-03-2023 20:56 via abc.net.au
  
  The local share market is rising on the back of gains for the nation's biggest miners and banks, while Qantas announces thousands of new jobs. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX set to rise, after positive day on Wall Street and EU markets

  02-03-2023 20:56 via abc.net.au
  
  Local shares set to rise, after a positive day on US and European indices. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• New Canberra homes connected to gas despite looming ban and high conversion costs

  02-03-2023 20:35 via abc.net.au
  
  Gas plumbing is still installed in about 80 per cent of new ACT homes, imposing tens of thousands of dollars in future electrification costs on owners.
  
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• Gas pipes installed in most new Canberra homes, even though supply will be switched off

  02-03-2023 20:35 via abc.net.au
  
  About 80 per cent of new ACT homes are connected to the gas network, imposing tens of thousands of dollars in future electrification costs on owners.
  
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• With Prince Andrew's sweetheart mansion rental ending, King Charles offers compromise that shocks his son

  02-03-2023 19:04 via abc.net.au
  
  As King Charles tries to ensure the monarchy’s survival in a modern world, he is left with a quandary. How does he transition the British royal family to a ‘slimmed down’, low-cost model, when so many members are economically dependent on him?
  
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• With Prince Andrew's sweetheart mansion rental deal under threat, Charles offered a compromise that shocked his son

  02-03-2023 19:04 via abc.net.au
  
  As King Charles tries to ensure the monarchy’s survival in a modern world, he is left with a quandary: how does he transition the British royal family to a ‘slimmed down’, low-cost model, when so many members are economically dependent on him?
  
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• 'Perfect storm' about to hit global economies and markets, warns leading economist Nouriel Roubini

  02-03-2023 19:03 via abc.net.au
  
  The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world faces a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers".
  
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• 'Dr Doom' Nouriel Roubini warns of impending 'great stagflationary debt crisis'

  02-03-2023 19:03 via abc.net.au
  
  The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world faces a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers".
  
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• Woman on Youth Allowance has $8,000 debt. Do buy now, pay later companies protect young people enough?

  02-03-2023 19:00 via abc.net.au
  
  Some estimates say 60 per cent of buy now, pay later (BNPL) users are aged under 35, but academics say the service has too few compliance checks and protections for young people.
  
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• A woman on Youth Allowance ended up with $8,000 debt. Do buy now, pay later companies do enough to protect young people?

  02-03-2023 19:00 via abc.net.au
  
  Some estimates say 60 per cent of BNPL users are aged under 35. Experts say the service has too few compliance checks and protections for young people.
  
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• At Close of Business 2 March 2023

  02-03-2023 09:25 via businessnews.com.au
  
  Senior journalist Matt Mckenzie discusses the pressures coming to bear on the state's construction industry.
  
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• McGowan, Mettam battle over builders

  02-03-2023 09:17 via businessnews.com.au
  
  Mark McGowan and Libby Mettam are at odds over the state of the homebuilding sector and whether a “crisis” was foreseeable.
  
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• Silverleaf boss calls out office market

  02-03-2023 09:01 via businessnews.com.au
  
  Gerard O’Brien described leasing structures in the office market as akin to Ponzi schemes and says property development in the current environment is not profitable.
  
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• Wangara company sold for $125m

  02-03-2023 08:56 via businessnews.com.au
  
  Drilling services company MTi Group has been sold by local private equity group Viburnum Funds, adding to a strong of sales of local firms to global mining services giants.
  
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• Major tour operator pulls pin on Alice Springs due to 'external challenges' facing region

  02-03-2023 08:23 via abc.net.au
  
  The company, which offers a range of travel services to destinations including Uluru, Kings Canyon and the MacDonnell Ranges, will relocate its assets to Darwin.
  
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• Australian shares tread water for second day

  02-03-2023 08:20 via businessnews.com.au
  
  The local share market has finished basically flat, with gains for the miners balanced by losses for the big banks.
  
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• ARTS REVIEW: Journeys through water, time and truth-telling

  02-03-2023 08:18 via businessnews.com.au
  
  Three powerful exhibitions at Fremantle Arts Centre take the viewer to physical and metaphorical horizons, writes Cass Lynch.
  
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• Avenira to progress battery project

  02-03-2023 08:14 via businessnews.com.au
  
  West Perth-based explorer Avenira Limited will progress with feasibility studies for its proposed battery materials production plant in Darwin.
  
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• APIL backs Business News' 40under40

  02-03-2023 08:13 via businessnews.com.au
  
  Business News and APIL Group have signed a three-year agreement for the property investment group to sponsor the long-running 40under40 Awards.
  The deal includes APIL supporting the People's Choice award, which will again be one of the highlights of the 40under40 program as it enters its 22nd year.
  
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• Mining giant offers help to rebuild flood-damaged town in lieu of payment for radioactive capsule search

  02-03-2023 08:00 via abc.net.au
  
  Rio Tinto offers $4 million towards rebuilding flood-ravaged Fitzroy Crossing in WA's north, as payment for the painstaking search to find a tiny radioactive capsule it lost last month.
  
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• Burgess resigns from Artrage helm

  02-03-2023 07:56 via businessnews.com.au
  
  Artrage chief executive Sharon Burgess has announced she will step down from her role, having led the Northbridge-based arts not for profit since late 2019.
  
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• Burgess resigns from Artrage

  02-03-2023 07:56 via businessnews.com.au
  
  Artrage chief executive Sharon Burgess has announced she will step down from her role, having led the Northbridge-based arts not for profit since late 2019.
  
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• 'The industry is in crisis': WA's home building rate slows to 2020 levels

  02-03-2023 07:37 via abc.net.au
  
  The pace of home building in WA slows to levels not seen since the early days of the pandemic, as Liberal leader Libby Mettam implores the government to do more to assist the sector. 
  
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• Workhorse 1900s steam engine back in service at Sydney museum after three-year restoration

  02-03-2023 07:13 via abc.net.au
  
  After more than 25 years out of service and three years of restoration, a historic Locomotive 3001 has returned to the tracks at a rail museum in Sydney's south-west to the delight of enthusiasts.
  
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• Workhorse 1900s steam engine back in service after three-year restoration

  02-03-2023 07:13 via abc.net.au
  
  After more than 25 years out of service and three years of restoration, a historic Locomotive 3001 has returned to the tracks at a rail museum in Sydney's south-west to the delight of enthusiasts.
  
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• Opposition adrift on parking imbroglio

  02-03-2023 07:00 via businessnews.com.au
  
  Recent wrangling over the Perth parking levy is yet another case study in the political troubles of a diminished opposition.
  
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• Mining chairman pushes publisher for damages

  02-03-2023 06:22 via businessnews.com.au
  
  Perth businessman Mladen Ninkov has launched legal action over two articles published by online publication Lawyerly Media.
  
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• Mining chairman pushes for 'defamation' damages

  02-03-2023 06:22 via businessnews.com.au
  
  Perth businessman Mladen Ninkov has launched legal action over two allegedly false and defamatory articles published by online publication Lawyerly Media.
  
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• 'You deliberately chose to act dishonestly': Builder jailed for fraud against homebuying migrants

  02-03-2023 06:17 via abc.net.au
  
  An Adelaide-based builder who defrauded his clients of hundreds of thousands of dollars in a desperate attempt to keep his company afloat is jailed for more than two years.
  
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• Onsite swooped up for $635m

  02-03-2023 05:16 via businessnews.com.au
  
  Malaysian conglomerate Sime Darby Berhad has snapped up national equipment hire agency Onsite Rental for $635 million to diversify its presence in the Australian market.
  
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• Onsite Rental sold for $635m

  02-03-2023 05:16 via businessnews.com.au
  
  Malaysian conglomerate Sime Darby Berhad has bought national equipment hire agency Onsite Rental for $635 million to diversify its presence in the Australian market.
  
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• Well-known Tasmanian wine brand to be bottled interstate

  02-03-2023 04:23 via abc.net.au
  
  Josef Chromy wines have been bottled in their home state for years. Now a multi-million-dollar expansion plan will see it move to South Australia.
  
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• ASIC bans Perth property fundraiser

  02-03-2023 04:18 via businessnews.com.au
  
  The corporate watchdog has permanently banned Perth property fundraiser Sean Niven from providing financial services, almost three years after he was convicted for fraud.
  
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• ACCC investigates businesses for 'greenwashing'

  02-03-2023 04:16 via businessnews.com.au
  
  Australia’s consumer protection body is clamping down on "greenwashing" after discovering more than 50 per cent of businesses made misleading claims about their environmental credentials.
  
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• In his once-safe seat, Liberal MP enters the fray amid Labor lifers, hecklers and a portrait of the PM

  02-03-2023 03:31 via abc.net.au
  
  Against a literal Labor wall of fame, Liberal MP Lee Evans addresses voters in the seat of Heathcote, where electoral boundary changes have given the opposition an estimated margin of 1.7 per cent.
  
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• A redistribution has notionally handed this Liberal MP's seat to the opposition. Now, he's pitching in Labor heartland

  02-03-2023 03:31 via abc.net.au
  
  Against a literal Labor wall of fame, Liberal MP Lee Evans addresses voters in the seat of Heathcote, where electoral boundary changes have given the opposition an estimated margin of 1.7 per cent.
  
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• Engineered stone is still popular, despite its deadly risk and possible ban

  02-03-2023 03:29 via abc.net.au
  
  As Safe Work Australia considers banning engineered stone due to the risk of people working with it developing silicosis, one South Australian kitchen shop manager says 60 per cent of customers still want it.
  
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• Customers still asking for engineered stone benchtops, despite possible ban

  02-03-2023 03:29 via abc.net.au
  
  As Safe Work Australia considers banning engineered stone due to the risk of people working with it developing silicosis, one South Australian kitchen shop manager says 60 per cent of customers still want it.
  
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• After opening for 425 days straight, this cafe owner can take no more

  02-03-2023 02:48 via abc.net.au
  
  WA's worker shortage has pushed cafes and restaurants in regional areas to shut up shop completely. But an industry body says there are signs things will get better.
  
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• New house approvals slide for fifth month in a row

  02-03-2023 02:43 via businessnews.com.au
  
  Approvals for new homes remains subdued as stubbornly high inflation and rising interest rates weigh on demand for home-building.
  
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• When wokeness becomes unworkable

  02-03-2023 02:30 via businessnews.com.au
  
  Taken too far and without the engagement of all voices, wokeness might end up preventing much hoped-for inclusiveness.
  
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