Analyst news

• Whale sharks return to Exmouth, bringing hopes of a bumper season

  08-03-2023 23:18 via abc.net.au
  
  Whale sharks have made their annual return to Western Australia's Ningaloo Reef, and this season they play host to the return of international tourists after a lean few years.
  
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• Whale sharks make their annual return to Exmouth bringing tourists with them

  08-03-2023 23:18 via abc.net.au
  
  Whale sharks have made their annual return to Western Australia's Ningaloo Reef, and this season they play host to the return of international tourists after a lean few years.
  
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• Sydney Trains to consider reimbursing impacted commuters on merit after network shutdown

  08-03-2023 22:26 via abc.net.au
  
  Some commuters experienced delays up to four hours, while others had to pay for accommodation in the city, after trains ground to a halt on Wednesday. 
  
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• Sydney Trains rules out cyber attack after total network shutdown

  08-03-2023 22:26 via abc.net.au
  
  Sydney Trains has ruled out a cyber attack on the network after the system ground to a halt on Wednesday, leaving commuters stranded at peak-hour. 
  
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• NSW Premier asks for fare-free day after commuters left stranded by rail shutdown

  08-03-2023 22:26 via abc.net.au
  
  Some commuters experienced delays up to four hours, while others had to pay for accommodation in the city, after trains ground to a halt on Wednesday afternoon. 
  
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• Transport union 'confident' Scott's freight workers will be redeployed, as ASX closes flat — as it happened

  08-03-2023 21:07 via abc.net.au
  
  The Transport Workers Union says it has had "fruitful" conversations with other freight companies to redeploy Scott's Refrigerated Logistics workers after the company collapsed. Look back on the day's financial news and insights from our specialist business reporters with our blog. 
  
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• Live: Wall Street mixed, ASX to rise after Federal Reserve chairman Jerome Powell eases hawkish rates message

  08-03-2023 21:07 via abc.net.au
  
  Australian shares to open higher, despite mixed results on Wall Street.  Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: Transport union 'confident' Scott's freight workers will be redeployed, as ASX remains steady

  08-03-2023 21:07 via abc.net.au
  
  The Transport Workers Union says it has had "fruitful" conversations with other freight companies to redeploy Scott's Refrigerated Logistics workers after the company collapsed. Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: NZ-based Xero to cut up to 800 jobs, ASX to rise

  08-03-2023 21:07 via abc.net.au
  
  Australian shares will open higher, despite mixed results on Wall Street.  Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: NAB becomes the first bank to pass on RBA's rate rise in full as Myer doubles profits

  08-03-2023 21:07 via abc.net.au
  
  NAB becomes the first of the Big Four banks to pass on the Reserve Bank of Australia's increased cash rate, as the ASX opens fairly flat. Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: NAB and Westpac pass on RBA's rate rise in full as Myer doubles profits

  08-03-2023 21:07 via abc.net.au
  
  NAB and Westpac are the first of the Big Four banks to pass on the Reserve Bank of Australia's increased cash rate, with the ASX opening fairly flat. Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: Myer's profits double as more customers return to stores, Xero to slash up to 800 jobs

  08-03-2023 21:07 via abc.net.au
  
  Myer's half-yearly profit doubles as customers return to physical stores, and accounting software company Xero announces it will slash up to 800 jobs globally. Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• Live: Future of Scott's Refrigerated Logistics to be discussed after freight company entered voluntary administration

  08-03-2023 21:07 via abc.net.au
  
  Korda Mentha is holding its first meeting about the future of Scott's Refrigerated Logistics, which supplies Coles and Aldi, after it entered voluntary administration last month. Follow the day's financial news and insights from our specialist business reporters on our live blog.
  
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• It's another bumper year for cotton despite a wet start. But who is Australia selling to after the China trade ban?

  08-03-2023 20:48 via abc.net.au
  
  Australia's cotton harvest has kicked off, with the industry working to shore up alternative export markets two-and-half years on from the China trade ban.
  
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• This old Queensland coal power station is to be transformed into renewable energy plant

  08-03-2023 20:37 via abc.net.au
  
  Swanbank Power Station's transformation is part of the Queensland government's aim to have 70 per cent renewable energy by 2032.
  
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• Ipswich's old coal power station to be transformed into renewable energy plant

  08-03-2023 20:37 via abc.net.au
  
  Swanbank Power Station's transformation is part of the Queensland government's aim to have 70 per cent renewable energy by 2032.
  
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• Coal power station to be turned green amid renewables push in Queensland

  08-03-2023 20:37 via abc.net.au
  
  Swanbank Power Station's transformation is part of the Queensland government's aim to have 70 per cent renewable energy by 2032.
  
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• Indexation rise of $1.77 a day too little too late say people living on JobSeeker

  08-03-2023 20:19 via abc.net.au
  
  Every cent of Cliff Fraser's fortnightly jobseeker payment is accounted for. This month his payment will increase by just under $25 a fortnight, but he says it'll make no difference to his budget as he struggles to get by.
  
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• Kerri is paying $700 a month more on her mortgage. She's a victim of 'hidden poverty'

  08-03-2023 20:10 via abc.net.au
  
  Ten interest rate rises in a row are biting hard into household budgets in South Australia, stretching many people's ability to pay their mortgage or rent and even basic necessities such as food.
  
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• Interest rate rises causing 'hidden poverty', even among those usually considered affluent

  08-03-2023 20:10 via abc.net.au
  
  Ten interest rate rises in a row are biting hard into household budgets in South Australia, stretching many people's ability to pay their mortgage or rent and even basic necessities such as food.
  
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• Qantas' profits have soared as inflation has risen — and it's not the only business cashing in

  08-03-2023 19:05 via abc.net.au
  
  Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.
  
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• More Australians are doing it tough as inflation soars — but many big businesses are cashing in

  08-03-2023 19:05 via abc.net.au
  
  Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.
  
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• Is corporate Australia profiting off high inflation? Here's what the experts think

  08-03-2023 19:05 via abc.net.au
  
  Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.
  
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• Coles and Woolworths have been big winners as inflation soars — but are they really profiteering?

  08-03-2023 19:05 via abc.net.au
  
  Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.
  
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• VicForests slammed for its handling of FOI request following 'spying' allegations

  08-03-2023 18:59 via abc.net.au
  
  A government agency that allegedly spied on a woman to "dig up dirt" is slammed by Victoria's Information Commissioner, who says the agency should apologise for its response to her request for information about the alleged spying.
  
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• Sarah was allegedly 'spied' on by a government agency. Years later, it still hasn't given up her 'dirt' file

  08-03-2023 18:59 via abc.net.au
  
  A government agency that allegedly spied on a woman to "dig up dirt" is slammed by Victoria's Information Commissioner, who says the agency should apologise for its response to her request for information about the alleged spying.
  
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• Aust shares, dollar tumble after hawkish US rate talk

  08-03-2023 09:02 via businessnews.com.au
  
  The ASX has fallen 0.8 per cent and the Australian dollar has sunk to a four-month low after the US central bank's chairman warned of more interest rate rises.
  
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• Waste projects aim to clean up

  08-03-2023 08:55 via businessnews.com.au
  
  More than $1.6 billion is being invested in waste treatment projects in WA, but it may not be enough to improve the state’s poor track record.
  
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• At Close of Business 8 March 2023

  08-03-2023 08:41 via businessnews.com.au
  
  Senior editor Mark Beyer discusses why record levels of investment in waste treatment projects may not be enough to repair WA's flagging recycling efforts.
  
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• At Close of Business 8 March 2022

  08-03-2023 08:41 via businessnews.com.au
  
  Senior editor Mark Beyer discusses why record levels of investment in waste treatment projects may not be enough to repair WA's flagging recycling efforts.
  
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• McGowan unaware of Perth Mint standards breach

  08-03-2023 08:26 via businessnews.com.au
  
  Premier Mark McGowan says he only became aware that the Perth Mint’s biggest client had raised concerns about the quality of gold it had been sold by the state-owned organisation on Monday night.
  
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• Qantas complaints soar, as the ACCC calls on airlines to cut domestic airfares

  08-03-2023 07:48 via abc.net.au
  
  Domestic airfares are still well above 2019 prices, despite jet fuel prices falling and bumper airline profits. The ACCC is warning carriers to cut airfares.
  
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• Decaying arcade in Townsville's CBD to be revitalised after 15 years vacant

  08-03-2023 07:31 via abc.net.au
  
  It's hoped restoring the derelict Dimmeys Arcade will revive this regional CBD, but its retail manager says finding tenants for one of the city's biggest eyesores has proved a challenge.
  
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• Boarded up for 15 years, this shopping centre is set for a multi-million-dollar face lift

  08-03-2023 07:31 via abc.net.au
  
  It's hoped restoring the derelict Dimmeys Arcade will revive Townsville's CBD, but its retail manager says finding tenants for one of the city's biggest eyesores is a challenge.
  
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• Boarded up for 15 years, this Queensland shopping centre is set for a multi-million-dollar face lift

  08-03-2023 07:31 via abc.net.au
  
  It's hoped restoring the derelict Dimmeys Arcade will revive Townsville's CBD, but its retail manager says finding tenants for one of the city's biggest eyesores is a challenge.
  
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• Company wins right to extract millions of litres of water for bottling near World Heritage rainforest

  08-03-2023 07:05 via abc.net.au
  
  Water boring company Hoffman Drilling will be allowed to take 8 million litres a year near Springbrook National Park after settling a court case with Gold Coast City Council.
  
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• Company reaches agreement with council to extract millions of litres of water a year near World Heritage-listed national park

  08-03-2023 07:05 via abc.net.au
  
  Hoffman Drilling is allowed to extract water for bottling near Springbrook National Park after settling a court case with Gold Coast City Council.
  
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• Perth City Link 21-storey tower approved

  08-03-2023 06:36 via businessnews.com.au
  
  A 21-storey commercial tower, estimated to cost $137 million, in the Perth City Link area has been approved by DevelopmentWA.
  
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• Network Ten files defence to defamation case, including questions media outlet says it sent to Bruce Lehrmann

  08-03-2023 06:31 via abc.net.au
  
  Network Ten lays out its defence in defamation proceedings brought by former Liberal staffer Bruce Lehrmann over an interview on The Project alleging the rape of Brittany Higgins.
  
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• Woodside onboards international recruits

  08-03-2023 06:12 via businessnews.com.au
  
  Woodside Energy has announced the appointment of two new board members, both from overseas.
  
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• Woodside announces international board recruits

  08-03-2023 06:12 via businessnews.com.au
  
  Woodside Energy has announced the appointment of two new board members, both hailing from international backgrounds.
  
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• Brownes boosts revenue, profitability

  08-03-2023 06:08 via businessnews.com.au
  
  The parent company of major Western Australian dairy Brownes has recorded an increase in revenue and profitability for the past year, seemingly putting the pandemic and the loss of Woolworths contract behind it.
  
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• Sydney's train network grinds to halt due to communications issue

  08-03-2023 05:46 via abc.net.au
  
  Passengers have reported on social media of being stuck at stations, or halted mid-journey for more than half an hour. 
  
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• Musk apologises after mocking laid-off Twitter worker, questioning his disability

  08-03-2023 05:46 via abc.net.au
  
  Elon Musk apologises to a laid-off employee after publicly calling into question his disability and need for special working conditions.
  
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• Investigation underway after communications issue causes chaos on Sydney's rail network

  08-03-2023 05:46 via abc.net.au
  
  Sydney train services resume after the network shuts down for more than an hour due to a communications malfunction. 
  
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• Chaos as communications issue sends Harbour City's rail system into meltdown just before afternoon rush

  08-03-2023 05:46 via abc.net.au
  
  Passengers have reported on social media of being stuck at stations, or halted mid-journey for more than half an hour. 
  
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• Chaos as communications issue brings Sydney's rail system to standstill just before afternoon rush

  08-03-2023 05:46 via abc.net.au
  
  Passengers have reported on social media of being stuck at stations, or halted mid-journey for over an hour.
  
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• Chaos as communications issue brings Harbour City's rail system into standstill just before afternoon rush

  08-03-2023 05:46 via abc.net.au
  
  Passengers have reported on social media of being stuck at stations, or halted mid-journey for over an hour.
  
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• Resources companies announce diversity figures

  08-03-2023 05:15 via businessnews.com.au
  
  The Chamber of Minerals and Energy has revealed a drop in the number of women in management roles while BHP and Western Power announce diversity achievements.
  
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• CME diversity report finds gaps remain

  08-03-2023 05:15 via businessnews.com.au
  
  The Chamber of Minerals and Energy has revealed a drop in the number of women in management roles, while BHP and Western Power announce diversity achievements.
  
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