Analyst news

• When money kept 'disappearing into life expenses', Alan moved onto a boat

  04-04-2023 23:35 via abc.net.au
  
  People are living on boats as Australia's housing crisis continues to worsen and some say authorities should make it a more viable option in coastal communities.
  
  Read more

• Rio Tinto confirms stolen employee data posted on dark web after third-party cyber hack, ASX finishes slightly higher — as it happened

  04-04-2023 23:35 via abc.net.au
  
  Rio Tinto has confirmed that employee data stolen in last month's cyber hack has been posted on the dark web by a cybercriminal group. Look back on the day's market and business news with our blog.
  
  Read more

• Live: Rio Tinto confirms stolen employee data posted on dark web after third-party cyber hack, ASX dips

  04-04-2023 23:35 via abc.net.au
  
  Rio Tinto has confirmed that employee data stolen in last month's cyber hack has been posted on the dark web by a cyber criminal group. Follow live.
  
  Read more

• Live: RBA governor says it is 'way too early' to discuss interest rate cuts after pause, ASX remains high

  04-04-2023 23:35 via abc.net.au
  
  The RBA's governor Philip Lowe says it is too early to consider scenarios for when the central bank may slash interest rates, saying inflation won't return to target until 2025. Follow live.
  
  Read more

• Advertisement

• Live: RBA governor Philip Lowe to address National Press Club after pausing interest rates

  04-04-2023 23:35 via abc.net.au
  
  The RBA's governor Philip Lowe is about to address the National Press Club in Sydney after the central bank held interest rates at 3.6 per cent at its April meeting yesterday. Follow live.
  
  Read more

• Live: RBA governor Philip Lowe speaks at National Press Club after pausing interest rates

  04-04-2023 23:35 via abc.net.au
  
  The RBA's governor Philip Lowe is addressing the National Press Club in Sydney after the central bank held interest rates at 3.6 per cent at its April meeting yesterday. Follow live.
  
  Read more

• Live: ASX to fall, RBA governor Philip Lowe to address National Press Club, OTR Group sells for $1.15 billion

  04-04-2023 23:35 via abc.net.au
  
  The ASX is tipped to open lower after the Reserve Bank held interest rates at 3.6 per cent, ahead of RBA governor Philip Lowe addressing the National Press Club in Sydney. Follow live.
  
  Read more

• Live: ASX to fall after Wall Street losses, RBA governor Philip Lowe to address National Press Club

  04-04-2023 23:35 via abc.net.au
  
  The ASX is tipped to open lower after the Reserve Bank held interest rates at 3.6 per cent, ahead of RBA governor Philip Lowe addressing the National Press Club in Sydney. Follow live.
  
  Read more

• Advertisement

• Live: ASX opens higher, RBA governor Philip Lowe to address National Press Club, OTR Group sells for $1.15 billion

  04-04-2023 23:35 via abc.net.au
  
  The ASX opens higher after the Reserve Bank held interest rates at 3.6 per cent, ahead of RBA governor Philip Lowe addressing the National Press Club in Sydney. Follow live.
  
  Read more

• From cricket to commerce: How India is shaping up to be Australia's new trade powerhouse

  04-04-2023 21:52 via abc.net.au
  
  India is on the cusp of becoming the world's most populous country, and it could spell new opportunities for trade and exports from Australia.
  
  Read more

• Why Sydney property prices could be about to rise again

  04-04-2023 21:09 via abc.net.au
  
  The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.
  
  Read more

• Tayla and Jeremy's mortgage repayments have risen $500 since September. The RBA has given them room to breathe

  04-04-2023 20:17 via abc.net.au
  
  After 10 consecutive rises, the Reserve Bank has pumped the brakes on interest rates — much to the relief of mortgage borrowers and Lifeline, which has seen more first-time home owners suffering financial distress.
  
  Read more

• Tayla and Jeremy's monthly mortgage repayment has risen by $500 since September. The RBA has given them room to breathe

  04-04-2023 20:17 via abc.net.au
  
  After 10 consecutive rises, the Reserve Bank has pumped the brakes on interest rates — much to the relief of mortgage borrowers and Lifeline, which has seen more first-time home owners suffering financial distress.
  
  Read more

• Richard Branson's Virgin Orbit files for bankruptcy after failing to secure funding

  04-04-2023 13:51 via abc.net.au
  
  Richard Branson's Virgin Orbit has filed for bankruptcy after the satellite launch company failed to secure the long-term funding needed to help it recover from a January rocket failure.
  
  Read more

• Two trains collide with construction crane causing derailment near the Hague, leaving one dead, several injured

  04-04-2023 11:39 via abc.net.au
  
  A train carrying some 50 passengers derails in Voorschoten, a Dutch town near the Hague, after colliding with a construction crane after a frieght train hit it first. 
  
  Read more

• Trains collide with construction crane causing derailment near The Hague, leaving one dead, several injured

  04-04-2023 11:39 via abc.net.au
  
  A train carrying some 50 passengers derails in Voorschoten, a Dutch town near The Hague, after colliding with a construction crane after a freight train hit it first. 
  
  Read more

• Electric furnace deal paves way for green steel production in Whyalla

  04-04-2023 10:40 via abc.net.au
  
  The company behind the Whyalla steelworks signs a $485 million deal that could end the use of coal in making steel in Whyalla.
  
  Read more

• BTR growth hinges on government incentives

  04-04-2023 10:13 via businessnews.com.au
  
  WA could position itself to attract more build-to-rent capital, if government provided more financial incentives to the sector, experts say.
  
  Read more

• Mincor backs Wyloo’s offer

  04-04-2023 10:09 via businessnews.com.au
  
  Mincor Resources has told investors to accept a $760 million cash offer on the table from Andrew Forrest’s Wyloo Metals in the absence of a superior proposal.
  
  Read more

• At Close of Business April 4 2023

  04-04-2023 10:03 via businessnews.com.au
  
  Jordan Murray and Matt Mckenzie debate the state’s GST share, and funding for submarines.
  
  Read more

• Uranium miner ERA hopes to raise $369 million to fund Ranger mine rehabilitation

  04-04-2023 09:50 via abc.net.au
  
  Mining company ERA is hoping to raise $369 million to continue funding the rehabilitation of a uranium mine in Kakadu National Park. 
  
  Read more

• Rate-hike pause bolsters Australian share market

  04-04-2023 09:46 via businessnews.com.au
  
  Australian shares are near all-time highs following the Reserve Bank's decision to keep interest rates unchanged after 10 consecutive hikes.
  
  Read more

• Interest rate pause bolsters Australian share market

  04-04-2023 09:46 via businessnews.com.au
  
  Australian shares have ended in positive territory following news the central bank has decided to keep interest rates unchanged.
  
  Read more

• Thomas works two jobs so he can afford his mortgage, but he says 'it's not really a life'

  04-04-2023 09:15 via abc.net.au
  
  The RBA has paused the cash rate, but businesses and home owners say that will not bring any immediate relief from cost of living pressures. 
  
  Read more

• $150m energy terminal officially opened

  04-04-2023 09:09 via businessnews.com.au
  
  Impala Terminals Group has officially opened its $150 million energy import, storage and distribution terminal at Kwinana Bay.
  
  Read more

• Tiwi Islands traditional owners lodge human rights complaint against banks over $1.5b Santos loan

  04-04-2023 09:02 via abc.net.au
  
  Traditional owners of the Tiwi Islands have lodged human rights grievances against 12 banks for their involvement in a $1.5 billion loan to Santos for its Barossa offshore gas project. 
  
  Read more

• Meteoric to raise $25m, appoints chairman

  04-04-2023 08:42 via businessnews.com.au
  
  Perth-based explorer Meteoric Resources has received commitments to raise $25 million to advance its rare earth elements project in Brazil and has appointed a new chairman.
  
  Read more

• Liquidator warns some uninsured customers of collapsed home builder Porter Davis set to lose deposits

  04-04-2023 07:10 via abc.net.au
  
  Liquidators appointed to take over collapsed Victorian home builder Porter Davis have warned some customers who had paid a deposit, but not had received permits, have been left uninsured.
  
  Read more

• 'It's extreme': Many customers caught up in Porter Davis collapse left in lurch without building insurance

  04-04-2023 07:10 via abc.net.au
  
  Liquidators appointed to take over collapsed Victorian home builder Porter Davis have warned some customers who had paid a deposit, but not had received permits, have been left uninsured.
  
  Read more

• Tiller Rides seeks new backer

  04-04-2023 07:05 via businessnews.com.au
  
  Highly-feted Perth startup Tiller Rides is seeking a new owner to help commercialise its e-bikes after being hit by delays and churning through $5 million from investors.
  
  Read more

• Output, costs throw spanner in Leonora merger

  04-04-2023 07:04 via businessnews.com.au
  
  Genesis Minerals has jumped into negotiations with St Barbara to potentially devise an ‘alternative transaction’ as the asset at the heart of the deal battles a litany of costs and production problems.
  
  Read more

• Leonora woes throw spanner in merger

  04-04-2023 07:04 via businessnews.com.au
  
  Genesis Minerals has been forced to resume negotiations with St Barbara as the asset at the heart of their planned merger battles a litany of costs and production problems.
  
  Read more

• Bonza airline launches first flights between Mildura and the Sunshine Coast

  04-04-2023 06:42 via abc.net.au
  
  Budget airline Bonza has launched passenger flights in and out of Mildura airport today, making it easier for travellers to access the Sunshine Coast.
  
  Read more

• Reserve Bank hands borrowers a reprieve by leaving interest rates on hold

  04-04-2023 06:30 via abc.net.au
  
  The Reserve Bank gives mortgage borrowers a reprieve, at least temporarily, by leaving interest rates on hold at Tuesday's board meeting.
  
  Read more

• RBA halts rate rises, 'temporary pause to become more permanent', tips economist

  04-04-2023 06:30 via abc.net.au
  
  The Reserve Bank gives mortgage borrowers a reprieve, at least temporarily, by leaving interest rates on hold at Tuesday's board meeting.
  
  Read more

• Pain paused: RBA holds rates, for now

  04-04-2023 06:24 via businessnews.com.au
  
  The RBA has declared Australian banks are strong, while giving borrowers relief after 10 consecutive rate hikes.
  
  Read more

• US investor backs WA manufacturing

  04-04-2023 05:59 via businessnews.com.au
  
  Five months after striking a deal to buy Pfizer’s WA manufacturing operation, Bridgewest Group has completed the purchase and outlined plans to add to its 400 local staff.
  
  Read more

• EPA endorses Exmouth resort

  04-04-2023 05:48 via businessnews.com.au
  
  The $85 million Andrew and Nicola Forrest-led project is one step closer to fruition after the environmental regulator recommended it for approval.
  
  Read more

• 'Ego and hubris': Frustrated judge criticises Lachlan Murdoch, Crikey over lengthy court battle

  04-04-2023 05:40 via abc.net.au
  
  A defamation battle being waged between media heir Lachlan Murdoch and the publisher of online news site Crikey appears to be driven by "ego and hubris", a judge has declared.
  
  Read more

• COMO, Cable Beach win top awards

  04-04-2023 04:39 via businessnews.com.au
  
  COMO The Treasury and Cable Beach Club Resort & Spa were among the winners of the Australian Hotels Association Perth Airport WA Accommodation Awards 2023.
  
  Read more

• Government to invest $40m in critical minerals

  04-04-2023 03:29 via businessnews.com.au
  
  The state government has committed $40 million towards critical minerals initiatives in the upcoming budget, in a bid to find new resources and shift to net zero.
  
  Read more

• Australia, China officials meet over trade sanctions

  04-04-2023 03:20 via businessnews.com.au
  
  A round of trade talks is being held between Australian and Chinese officials as Canberra works to ease diplomatic tensions with Beijing.
  
  Read more

• Liberal MP calls for free vote on Indigenous voice

  04-04-2023 02:47 via businessnews.com.au
  
  Ahead of a key party room meeting about the Indigenous voice, Peter Dutton faces pressure to allow MPs a free vote on supporting the proposal.
  
  Read more

• Subs cost should sink GST deal

  04-04-2023 02:00 via businessnews.com.au
  
  When it comes to multi-billion-dollar defence programs, parochial interests shouldn’t get in the way of the national interest.
  
  Read more

• Fire that destroyed workshop at heritage railway accidentally lit, investigation finds

  04-04-2023 00:11 via abc.net.au
  
  Fire crews from across Tasmania's north-west have been called in to help save some of the state's most significant heritage railway infrastructure after fire broke out at the Don River Railway.
  
  Read more

• 'Absolutely devastated': Fire destroys workshop at heritage railway

  04-04-2023 00:11 via abc.net.au
  
  Fire crews from across Tasmania's north-west have been called in to help save some of the state's most significant heritage railway infrastructure after fire broke out at the Don River Railway.
  
  Read more

• Grape growers eye off diverse new markets for export

  04-04-2023 00:01 via abc.net.au
  
  Wine exporters across regional Victoria are building stronger ties with overseas countries to offload a glut of red wine, in what is being described as one of the most challenging harvests the sector has ever seen.
  
  Read more

Follow @Analyst_News_AU on Twitter!