Analyst news

• Lowe prepared to stay on as RBA governor after Treasurer releases critical review; ASX finishes flat — as it happened

  19-04-2023 23:54 via abc.net.au
  
  It was a monumental day for Australian finance with a review leaving the RBA facing its biggest shake-up in decades. But the share market was left unruffled, finishing broadly flat. This is how the action unfolded.
  
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• Live: Treasurer Jim Chalmers outlines government response to RBA review; ASX fairly flat

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA faces its biggest shake-up in decades. And if that's not your bag, then we also have news out of Netflix and Tesla. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Live: Philip Lowe will seek another term as RBA boss despite critical review; ASX fairly flat

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA faces its biggest shake-up in decades. And if that's not your bag, then we also have news out of Netflix and Tesla. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Live: Government releases RBA review with focus on jobs and transparency; ASX fairly flat

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA faces its biggest shake-up in decades. And if that's not your bag, then we also have news out of Netflix and Tesla. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Live: ASX on a knife's edge as the RBA gets its biggest shake-up in decades

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA gets its biggest shake-up in decades. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Live: ASX on a knife's edge as the RBA gets a massive shake-up; Tesla and Netflix shares drop

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA gets its biggest shake-up in decades. And if that's not your bag, then we also have news out of Netflix and Tesla. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Live: ASX on a knife's edge as RBA gets massive shake-up; Tesla and Netflix shares drop

  19-04-2023 23:54 via abc.net.au
  
  It is a monumental day for Australian finance as the RBA gets its biggest shake-up in decades. And if that's not your bag, then we also have news out of Netflix and Tesla. Follow how the markets and economists react here in the ABC's specialist business live blog.
  
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• Builder reported for alleged safety breaches at another site the day before partial house collapse

  19-04-2023 23:29 via abc.net.au
  
  New South Wales building commissioner David Chandler reported a building site over safety concerns, only a day before a completed home it had built collapsed on Good Friday.
  
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• Sugar prices skyrocket as growers eye 'once-in-a-generation' payday

  19-04-2023 22:22 via abc.net.au
  
  As the 2023 harvest approaches, sugarcane growers are locking in some of their best prices in decades.
  
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• Could this tiny town in the Northern Territory hold the key to Australia's energy future?

  19-04-2023 22:05 via abc.net.au
  
  For decades, air conditioners, lights, TVs and fridges would be cut off multiple times a week – sometimes multiple times a day – in the tiny town of Jabiru. Now industry experts want the micro-grid replicated across Australia. 
  
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• Beetaloo Basin inquiry calls for further scrutiny of Middle Arm's 'petrochemicals plant'

  19-04-2023 22:05 via abc.net.au
  
  A long-awaited Senate inquiry's final report into fracking in the Northern Territory's Beetaloo Basin has made 14 recommendations.
  
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• Thousands in awe as total solar eclipse reaches totality over Western Australia

  19-04-2023 21:47 via abc.net.au
  
  Years of planning, millions of dollars in preparation and thousands of hours of travel come to a head in just over 60 seconds above Western Australia's north.
  
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• Thousands in awe as 'mind-blowing' total solar eclipse stuns onlookers over northern WA

  19-04-2023 21:47 via abc.net.au
  
  Years of planning, millions of dollars in preparation and thousands of hours of travel come to a head in 58 seconds above Western Australia's north.
  
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• Eyes on the sky in Exmouth as today's total solar eclipse approaches

  19-04-2023 21:47 via abc.net.au
  
  Years of planning, millions of dollars in preparation and thousands of hours of travel will come to a head in just over 60 seconds above Western Australia's north today.
  
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• 'Jobs are really hard to come by': Young people in China struggling to find work

  19-04-2023 20:34 via abc.net.au
  
  Millions of university-educated, young people in China are unemployed and new data released by Chinese authorities shows the problem is getting worse.
  
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• China's young people say their university degrees are 'wasted' as they struggle to find jobs

  19-04-2023 20:34 via abc.net.au
  
  Millions of university-educated, young people in China are unemployed and new data released by Chinese authorities shows the problem is getting worse.
  
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• Experts say Australians will rapidly adopt electric vehicles — as long as the government gets its CO2 standard right

  19-04-2023 20:33 via abc.net.au
  
  Electric vehicle experts and industry say a fuel efficiency standard will rapidly bring more EVs onto Australian roads, but they differ on how aggressive the government should pursue emissions reduction.
  
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• EV experts say Australians will rapidly adopt electric vehicles — as long as the government gets its CO2 standard right

  19-04-2023 20:33 via abc.net.au
  
  Electric vehicle experts and industry say a fuel efficiency standard will rapidly bring more EVs onto Australian roads, but they differ on how aggressive the government should pursue emissions reduction.
  
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• Federal government to give in-principle support to RBA review's recommendations

  19-04-2023 14:30 via abc.net.au
  
  Treasurer Jim Chalmers is set to release the highly-anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes. 
  
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• A new board and two new members: The RBA changes the Treasurer will announce today

  19-04-2023 14:30 via abc.net.au
  
  Treasurer Jim Chalmers is set to release the highly anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes. 
  
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• IT outage affects South Australian government services, including at hospitals

  19-04-2023 11:01 via abc.net.au
  
  SA Health is asking South Australians to seek non-urgent healthcare elsewhere than from a hospital after an electrical fault has thrown its electronic medical records system into disarray.
  
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• At Close of Business April 19 2023

  19-04-2023 10:34 via businessnews.com.au
  
  Matt Mckenzie and Liv Declerck discuss record grain crops and the fertiliser market. Plus: Woodside's Voice stance, WA Ballet leadership and Town of Cambridge opposition.
  
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• Power spike: Grid delays hit small business

  19-04-2023 10:08 via businessnews.com.au
  
  Libby Mettam has slammed Western Power for slowing down housing developments following a blow out in the waiting time for grid connections.
  
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• Decmil seeks to leave legacy issues behind

  19-04-2023 09:59 via businessnews.com.au
  
  Investors have seemingly welcomed news that Decmil has settled legacy disputes and finished up loss-making projects, with shares in the contractor closing the day up more than 18 per cent.
  
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• Australian shares flat amid further hawkish Fed talk

  19-04-2023 09:56 via businessnews.com.au
  
  The local share market has finished basically unchanged, with gains for mining companies balances by losses elsewhere.
  
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• Ballet chair opens up on Scannella exit

  19-04-2023 09:44 via businessnews.com.au
  
  Three weeks after WA Ballet announced the surprise departure of its popular artistic director, the company’s chair has revealed its board made the call to not renew his contract.
  
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• East Perth to host new primary school

  19-04-2023 09:34 via businessnews.com.au
  
  A new public primary school set to be built at Queens Gardens car park marks the latest in a growing list of projects lined up for East Perth.
  
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• WACA project advances after $32m funding

  19-04-2023 09:09 via businessnews.com.au
  
  Construction to redevelop the Western Australian Cricket Association Ground has been slated to start in the coming months after an additional $32.2 million funding has been secured.
  
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• Graduates face rising HECS debt

  19-04-2023 08:00 via businessnews.com.au
  
  A Bill before the Senate aims to help university graduates manage escalating student debt.
  
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• Cash still king as online petition gets Cairns council cashless payments overturned

  19-04-2023 07:37 via abc.net.au
  
  Cairns Regional Council reverses a decision to ban cash from its facilities after residents rallied against the decision.
  
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• Latin Resources raising $37m

  19-04-2023 07:18 via businessnews.com.au
  
  Latin Resources is on track to raise $37.1 million from institutional investors for its Salinas Lithium Project in Brazil.
  
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• Lawyers warn of inexperienced 'cowboys' locking farmers into complex renewable energy contracts

  19-04-2023 07:02 via abc.net.au
  
  Farmers are urged to seek legal advice before getting locked into renewable energy projects that look good in the short term.
  
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• How many more electric vehicles will be on the road under the new EV strategy? And will they be cheaper?

  19-04-2023 06:34 via abc.net.au
  
  You can expect many more EVs on the road in the coming years if the government imposes carbon emission caps on car makers. But how many more people will buy EVs, and will they be cheaper?
  
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• Advocacy groups slam Cambridge policy

  19-04-2023 06:30 via businessnews.com.au
  
  Industry groups have banded together to strengthen their advocacy, slamming a Town of Cambridge policy that limits developer and staff interaction as their first joint campaign.
  
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• Insolvency veteran takes over Moran’s estate

  19-04-2023 06:20 via businessnews.com.au
  
  A insolvency specialist who previously managed the estates of Lang Hancock will take control of former Atrum Coal director Russell Moran’s bankrupt estate, which include debts of more than $120 million.
  
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• Insolvency veteran takes over Moran estate

  19-04-2023 06:20 via businessnews.com.au
  
  An insolvency specialist who previously managed the estate of Lang Hancock will take control of the bankrupt estate of former Atrum Coal director Russell Moran, which include debts of more than $120 million.
  
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• Woodside comes forward with Voice support

  19-04-2023 06:07 via businessnews.com.au
  
  Woodside Energy chief executive Meg O'Neill says the company backs an Indigenous Voice to Parliament, while also taking aim at a 'vocal minority' accused of trying to shut down the oil and gas industry.
  
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• Star announces 500 job losses amid 'rapidly deteriorating' operating conditions

  19-04-2023 05:58 via abc.net.au
  
  In a statement to the ASX the troubled gambling giant says it will cut 500 jobs, freeze salaries and cancel executive bonuses to try to improve its financial outlook.
  
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• Jim Chalmers is a man on many missions. Here's what the treasurer's been up to ahead of the budget

  19-04-2023 04:06 via abc.net.au
  
  Will Treasurer Jim Chalmers be able to please everyone with his May budget? He's certainly trying very hard to cover a lot of economic ground beforehand.
  
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• Healthier farms and a cleaner future

  19-04-2023 03:56 via businessnews.com.au
  
  A touch of liquid goodness may help alleviate declining soil quality.
  
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• Growth curve for harvest and trade

  19-04-2023 03:56 via businessnews.com.au
  
  WA’s biggest grain exporter is breaking harvest records and investing in local growers and international trade.
  
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• LPG-powered cars disappearing from Australia's roads as servos pull the plug on gas

  19-04-2023 03:24 via abc.net.au
  
  Range anxiety is usually associated with electric vehicles, but declining numbers of LPG vehicles have left their owners worried about where to find the next tank of gas.
  
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• Azure expands Sydney team

  19-04-2023 03:06 via businessnews.com.au
  
  Perth-based investment bank Azure Capital has substantially boosted its Sydney office, with former managing partner Adrian Arundell moving east and a new director recruited from Gresham.
  
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• Why dumping HECS-HELP indexation won't ease cost-of-living pressure in the short term

  19-04-2023 02:48 via abc.net.au
  
  Think abolishing indexation on your HECS-HELP debt would put money in your pocket? It won’t. In fact, it could drive up your tax bill.
  
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• Wall Streets ends little changed as earnings disappoint

  19-04-2023 02:48 via businessnews.com.au
  
  US stocks have closed little changed as investors digested earnings results from several firms amid recession concerns.
  
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• No time frame for fix to ongoing mobile, internet issues in Tasmania's north-east

  19-04-2023 01:45 via abc.net.au
  
  Regional towns experience days of unreliable phone and internet connection with no indication of when services will return to normal.
  
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• Whispering lawyers and a huge payout: How the hotly anticipated Fox News trial unfolded

  19-04-2023 01:11 via abc.net.au
  
  The Dominion Voting Systems defamation suit against Fox News was one of the most hotly anticipated cases in America. In the end, most of the action happened outside the courtroom.
  
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• Whispering lawyers and a $1 billion payout: How the hotly anticipated Fox News trial unfolded

  19-04-2023 01:11 via abc.net.au
  
  The Dominion Voting Systems defamation suit against Fox News was one of the most hotly anticipated cases in America. In the end, most of the action happened outside the courtroom.
  
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• Satellite that brought down farming up and running again

  19-04-2023 00:59 via abc.net.au
  
  The British satellite Inmarsat I-4 F1, which provides services for East Asia and the Pacific regions, is back in operation after an outage on Sunday.
  
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• Satellite outage exposes vulnerability of farming sector technology

  19-04-2023 00:59 via abc.net.au
  
  The British satellite Inmarsat I-4 F1, which provides services for East Asia and the Pacific regions, is back in operation after an outage on Sunday.
  
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