Analyst news

• Live: Inflation falls as ASX follows Wall St lower, US regulator slams Silicon Valley Bank for 'terrible' risk management

  28-03-2023 22:36 via abc.net.au
  
  The Australian share market falls in morning trade, after modest losses on Wall Street, as investors continue to worry about the stability of the US banking sector. Follow live for the latest updates.
  
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• Live: ASX to follow Wall Street lower, US regulator slams Silicon Valley Bank for 'terrible' risk management

  28-03-2023 22:36 via abc.net.au
  
  The Australian share market is likely to start its day lower, following a modest fall on Wall Street, as investors continue to worry about the stability of the US banking sector. Follow live for the latest updates.
  
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• Live: ASX recovers as inflation falls for second month, US regulator slams Silicon Valley Bank for 'terrible' risk management

  28-03-2023 22:36 via abc.net.au
  
  The Australian share market recovers from its early morning losses, while the ABS's latest inflation data shows cost-of-living pressure are easing, which may strengthen the case for the Reserve Bank to keep interest rates on hold next week. Follow live for the latest updates.
  
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• Live: ASX follows Wall St lower ahead of inflation data, US regulator slams Silicon Valley Bank for 'terrible' risk management

  28-03-2023 22:36 via abc.net.au
  
  The Australian share market falls in morning trade, after modest losses on Wall Street, as investors continue to worry about the stability of the US banking sector. Follow live for the latest updates.
  
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• ASX closes higher as inflation falls for second month, US regulator slams Silicon Valley Bank for 'terrible' risk management

  28-03-2023 22:36 via abc.net.au
  
  The Australian share market has closed higher for its third day in a row, while the ABS's latest inflation data shows cost-of-living pressure are easing, which may strengthen the case for the Reserve Bank to keep interest rates on hold next week.
  
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• The 'glory days' may be over, but some Australian companies are 'doubling down' on trade with China

  28-03-2023 22:29 via abc.net.au
  
  It's a relationship worth more than $17 billion and counting. But can the Australian government have its "cake and eat it" when it comes to China?
  
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• Furniture companies collapse under crunch 'identical' to construction sector

  28-03-2023 22:24 via abc.net.au
  
  The peak body for the furnishing industry says it's facing similar pressures to the ailing construction sector, with supply delays, rising costs and staff shortages.
  
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• What's in statements from Prince Harry, Sir Elton John and others in civil case against the Daily Mail

  28-03-2023 22:05 via abc.net.au
  Microphones taped to windows, private investigators and opening cans of worms: The Daily Mail case witness statements from Prince Harry, Sir Elton John and others are released.
  
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• Queensland renters facing the prospect of giving up groceries to keep a roof over their heads

  28-03-2023 21:52 via abc.net.au
  
  In a few months, the rent for Stacey Paul's Brisbane home — where she has lived for 10 years — will increase by $250 a week. And despite the financial stress, she does not dare leave.
  
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• Despite a $250 rent hike, Stacey says 'there's no point' in testing the market to find another rental

  28-03-2023 21:52 via abc.net.au
  
  In a few months, the rent for Stacey Paul's Brisbane home — where she has lived for 10 years — will increase by $250 a week. And despite the financial stress, she does not dare leave.
  
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• Solar switch takes sting out of pumped up power bills

  28-03-2023 21:51 via abc.net.au
  
  Businesses in Victoria's north-west are using the sun as a superpower to avoid the worst of a forecast 31 per cent electricity rate hike.
  
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• Solar switch brings sweet rewards for businesses dodging pumped up power bills

  28-03-2023 21:51 via abc.net.au
  
  Businesses in Victoria's north-west are using the sun as a superpower to avoid the worst of a forecast 31 per cent electricity rate hike.
  
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• 'More protection buying a toaster from Kmart': Adriane's building defects have cost him an extra $280k

  28-03-2023 20:33 via abc.net.au
  
  Tasmania is set to get new laws protecting home owners from dodgy and defective building works but for some — such as Adriane, who has spent hundreds of thousands of dollars already — it will come too late.
  
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• Defective renovations to Adriane's home led to $280k in extra costs, but new laws will help others

  28-03-2023 20:33 via abc.net.au
  
  Tasmania is set to get new laws protecting home owners from dodgy and defective building works but for some — such as Adriane, who has spent hundreds of thousands of dollars already — it will come too late.
  
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• Adriane says consumers have more protection buying a toaster than building a home

  28-03-2023 20:33 via abc.net.au
  
  Tasmania is set to get new laws protecting home owners from dodgy and defective building works but for some like Adriane, who have spent hundreds of thousands of dollars already, it will come too late.
  
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• 'A disgusting waste': Adriane's house has been clad twice due to building defects

  28-03-2023 20:33 via abc.net.au
  
  Tasmania is set to get new laws protecting home owners from dodgy and defective building works but for some — such as Adriane, who has spent hundreds of thousands of dollars already — it will come too late.
  
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• The government's climate policy will 'keep the lights on' for the energy industry, but could it increase power prices?

  28-03-2023 20:02 via abc.net.au
  
  The federal government's landmark climate policy to drive down emissions generated a mixed reaction from the energy industry, but experts say it is unlikely to stop future coal and gas projects or increase power prices.
  
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• Does the federal government's climate policy mean it's the end of the road for coal and gas projects?

  28-03-2023 20:02 via abc.net.au
  
  The federal government's landmark climate policy to drive down emissions generated a mixed reaction from the energy industry, but experts say it is unlikely to stop future coal and gas projects or increase power prices.
  
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• Some experts call it the 'next era' of gambling. Protecting kids from the harms of casino games won't be easy

  28-03-2023 20:00 via abc.net.au
  
  The federal government will move to apply an R18+ rating to all video games that contain simulated gambling as part of a proposal designed to restrict children's access to popular casino-style games.
  
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• Counsellors have seen clients squander thousands on casino games. A new plan aims to protect kids from similar harm

  28-03-2023 20:00 via abc.net.au
  
  The federal government will move to apply an R18+ rating to all video games that contain simulated gambling as part of a proposal designed to restrict children's access to popular casino-style games.
  
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• How will the federal government's $15 billion plan to rebuild Australia's manufacturing industry work?

  28-03-2023 19:59 via abc.net.au
  
  The $15 billion National Reconstruction Fund is aimed at broadening Australia's domestic industrial base and reducing the nation's dependence on imports. But how will it do this?
  
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• Melissa has 'lost track' of how many times her business has been impersonated by scammers. She wants change

  28-03-2023 15:00 via abc.net.au
  
  When scammers started using Magellan Logistics' name to trick Australian consumers, their phones ran hot, and the company didn't know who to turn to.
  
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• 'Like hitting a brick wall': Who do you turn to when you’re scammed on socials?

  28-03-2023 15:00 via abc.net.au
  
  When scammers started using Magellan Logistics' name to trick Australian consumers, their phones ran hot, and the company didn't know who to turn to.
  
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• Jurors return alleged gold stealing verdict after barely two hours of deliberations

  28-03-2023 12:30 via abc.net.au
  
  The jury in a District Court trial of five people accused of a million-dollar gold theft in WA's Goldfields has returned not guilty verdicts on all counts.
  
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• Scannella to exit WA Ballet

  28-03-2023 11:07 via businessnews.com.au
  
  West Australian Ballet Company artistic director Aurelien Scannella will step down from his role of 10 years after the 2023 season.
  
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• Power grab: state buys into contractor

  28-03-2023 10:11 via businessnews.com.au
  
  Horizon Power has bought into a Cockburn-based contractor, in the state government’s latest move to extend its reach into the energy industry.
  
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• Schoonens to lead Landgate board

  28-03-2023 10:07 via businessnews.com.au
  
  Rothelowman principal Kylee Schoonens will lead the state government’s Landgate board as chair, taking over from Iluka Resources chair Rob Cole.
  
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• At Close of Business 28 March 2023

  28-03-2023 10:03 via businessnews.com.au
  
  Senior journalists Matt Mckenzie and Claire Tyrrell discuss how property developers and policymakers are navigating community opposition during the planning process.
  
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• Restaurant owner fined $33k

  28-03-2023 10:00 via businessnews.com.au
  
  Owner of the now closed Indian Garden Restaurant in North Perth has been fined more then $33,000 for failing to produce employment records.
  
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• Murray & Roberts keeps RUC, sells Insig

  28-03-2023 09:59 via businessnews.com.au
  
  South Africa’s Murray & Roberts is poised to regain control of Perth-based RUC Cementation Mining Contractors while selling its majority stake in another local firm, Insig Technologies.
  
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• Alleged gold theft trial hears envelope of cash was for 'hard work over several years'

  28-03-2023 09:59 via abc.net.au
  
  The jury in the District Court trial of five people accused of an alleged million-dollar gold theft in WA's Goldfields has retired to consider a verdict.   
  
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• Build-to-rent needs a rebrand

  28-03-2023 09:54 via businessnews.com.au
  
  A leading property expert says the industry needs to reposition itself to make it more attractive to consumers.
  
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• Big takeover deals drive comeback for Australian shares

  28-03-2023 09:37 via businessnews.com.au
  
  The local bourse has finished one per cent higher on M&A activity involving Origin Energy, United Malt Group and Liontown Resources.
  
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• Confronting growing cyber challenge

  28-03-2023 09:35 via businessnews.com.au
  
  We seem unable to adequately protect ourselves from online threats.
  
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• Court backs pragmatic energy policies

  28-03-2023 09:30 via businessnews.com.au
  
  Richard Court has warned Australia’s east coast faces further gas shortages while arguing for the country to embrace a more realistic approach to its decarbonisation efforts.
  
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• SRG secures $55m contract from FMG

  28-03-2023 09:29 via businessnews.com.au
  
  SRG Global has been awarded a $55 million contract from Fortescue Metals Group to construct a haul road for the mining giant’s autonomous truck fleet.
  
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• ACM to cut WA publications

  28-03-2023 09:05 via businessnews.com.au
  
  Australian Community Media has flagged closure of its Western Australian mastheads, with its Mandurah printing press to shut its doors in the coming months.
  
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• ACM cuts WA publications

  28-03-2023 09:05 via businessnews.com.au
  
  Australian Community Media has flagged closure of its Western Australian mastheads, with its Mandurah printing press to shut its doors in the coming months.
  
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• Kerman wins $90m contract for West Musgrave hub

  28-03-2023 08:46 via businessnews.com.au
  
  Design and construction firm Kerman Contracting has won a $90 million contract from OZ Minerals to fit out the miner’s West Musgrave accommodation village.
  
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• Walt Disney Company begins laying off 7,000 staff in bid to control costs, turn profit with Disney+

  28-03-2023 08:45 via abc.net.au
  
  The entertainment industry has undergone a period of cutbacks since its early enthusiastic embrace of video streaming, when established media companies lost billions as they launched competitors to Netflix.
  
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• Regional 'stories will go untold' as ACM announces plan to shut down four WA newspapers

  28-03-2023 08:35 via abc.net.au
  
  The news organisation says the mastheads will cease publishing by the end of next month, which is expected to result in job losses, unless a buyer can be found.
  
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• Jobs at stake as ACM announces plan to shut down four WA newspapers

  28-03-2023 08:35 via abc.net.au
  
  The news organisation says the mastheads will cease publishing by the end of next month unless a buyer can be found.
  
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• Diversity needs to start from the top

  28-03-2023 08:30 via businessnews.com.au
  
  Heidrick & Struggles WA principal Luke Robbins pens his thoughts on what makes a successful Diversity, Equity and Inclusion strategy.
  
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• US regulator sues top crypto exchange Binance for operating 'illegal' exchange, 'sham' compliance efforts

  28-03-2023 07:56 via abc.net.au
  
  The world's biggest cryptocurrency exchange is being sued by the CFTC for operating what the regulator alleges are an "illegal" exchange and a "sham" compliance program.
  
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• Startups win $2.6m acceleration funding

  28-03-2023 06:58 via businessnews.com.au
  
  Four Western Australian startups have between them received 13 per cent of the federal government’s latest $19.7 million round of commercialisation grants.
  
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• Retail spending remains subdued as living costs bite

  28-03-2023 06:19 via businessnews.com.au
  
  High living costs and rising interest rates have kept discretionary spending subdued in the month of February.
  
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• Gold hunter's $240k payday as more Victorians try their hand at getting rich

  28-03-2023 05:59 via abc.net.au
  
  A regional Victorian amateur prospector is celebrating a $240,000 find after unearthing a 2.6kg nugget. As an ounce of gold reaches $2,984, the attraction to pick up a metal detector is tempting for more and more Victorians.
  
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• Opportunity to see eclipse effect

  28-03-2023 05:24 via businessnews.com.au
  
  While there are several deals available for airline passengers, those who prefer a more leisurely mode of travel haven’t been forgotten.
  
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• On track for a top-notch trip

  28-03-2023 05:24 via businessnews.com.au
  
  While there are several deals available for airline passengers, those who prefer a more leisurely mode of travel haven’t been forgotten.
  
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• Stockland Riverton sold for $98m

  28-03-2023 05:10 via businessnews.com.au
  
  Elanor Investors Group has bought a Perth shopping centre for $98.75 million which Colliers claim was the biggest transaction in Western Australia in 2022.
  
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