Analyst news

• Live: Bank shares tumble as ACCC launches probe into savings rates, ASX lower, Tesla share price tanks

  20-04-2023 23:39 via abc.net.au
  
  The Australian share market continues to trade lower as the dust starts to settle after yesterday's RBA review, with bank shares sliding as the ACCC launches a probe into savings rates. Follow the day's events with our business reporters on the ABC News live markets blog.
  
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• Live: ASX to open lower after Tesla shares drive Wall Street to drop at close

  20-04-2023 23:39 via abc.net.au
  
  The Australian share market is set to open lower as the dust starts to settle after yesterday's RBA review, while Wall Street has finished lower after Tesla stock prices tumbled. Follow the day's events with our business reporters on the ABC News live markets blog. 
  
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• Live: ASX opens lower after Tesla shares drive Wall Street to drop at close

  20-04-2023 23:39 via abc.net.au
  
  The Australian share market opens lower as the dust starts to settle after yesterday's RBA review, while Wall Street has finished lower after Tesla stock prices tumbled. Follow the day's events with our business reporters on the ABC News live markets blog.
  
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• Live: ASX continues trading lower after Tesla shares drive Wall Street to drop at close

  20-04-2023 23:39 via abc.net.au
  
  The Australian share market continues to trade lower as the dust starts to settle after yesterday's RBA review, while Wall Street has finished lower after Tesla stock prices tumbled. Follow the day's events with our business reporters on the ABC News live markets blog.
  
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• Bank shares slip as ACCC launches probe into savings rates, ASX finishes lower, Tesla share price tanks — as it happened

  20-04-2023 23:39 via abc.net.au
  
  The Australian share market finishes lower as the dust starts to settle after yesterday's RBA review, with bank shares sliding as the ACCC launches a probe into savings rates. Look back on the day's events with our business reporters on the ABC News markets blog.
  
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• What's going on with Air India's muti-billion-dollar deal for 470 new planes?

  20-04-2023 23:31 via abc.net.au
  
  Air India has just made the biggest aircraft order in aviation history – so what exactly are they planning to do with all their new planes?
  
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• What's going on with Air India's multi-billion-dollar deal for 470 new planes?

  20-04-2023 23:31 via abc.net.au
  
  Air India has just made the biggest aircraft order in aviation history – so what exactly are they planning to do with all their new planes?
  
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• Inside Air India's record-breaking $70 billion aircraft order

  20-04-2023 23:31 via abc.net.au
  
  Air India has just made the biggest aircraft order in aviation history – so what exactly are they planning to do with all their new planes?
  
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• Major copper mine hit hard by floods won't be fully operational until 2024

  20-04-2023 22:59 via abc.net.au
  
  More than a billion litres of water inundated a major copper mine in the North West Minerals Province earlier this year and several other mines were also impacted, sparking concern for export markets.
  
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• Saw logs moved more than 900km by rail to supply bushfire-impacted Riverina mills

  20-04-2023 22:54 via abc.net.au
  
  Logs are being transported by rail from northern New South Wales to prop up supply to bushfire-affected sawmills in the south west slopes.
  
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• Mum of four resorts to walking as car bills become too much

  20-04-2023 22:31 via abc.net.au
  
  A Bendigo woman says she can't afford to replace her tyres or pay for car registration as she struggles to feed four children amid cost of living pressures. 
  
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• Optus data breach class action launched for millions of Australians caught up in cyber attack

  20-04-2023 22:03 via abc.net.au
  
  Slater and Gordon lawyers say they will pursue "substantial" compensation for up to 10 million current and former Optus customers whose data was exposed in the recent hack.
  
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• Two banks detected suspicious activity in Sarah's accounts. Only one blocked the scam

  20-04-2023 21:33 via abc.net.au
  
  After Sarah was robbed of her life's savings, she entered a lengthy dispute with her bank to get her money back. She says she was treated rudely and, after months of fighting, she only got a fraction back. 
  
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• Sarah would usually be suspicious of scammers. But one caller knew too much about her

  20-04-2023 21:33 via abc.net.au
  
  After Sarah was robbed of her life's savings, she entered a lengthy dispute with her bank to get her money back. She says she was treated rudely and, after months of fighting, she only got a fraction back. 
  
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• Sarah lost $25k to scammers posing as NBN. She says one bank was helpful, the other was 'rude'

  20-04-2023 21:33 via abc.net.au
  
  After Sarah was robbed of her life's savings she entered a lengthy dispute with her bank to get her money back. She says she was treated rudely, and after months of fighting, she only got a fraction back. 
  
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• Gas industry pushes back on calls for tax reform as tax revenue doubles

  20-04-2023 20:34 via abc.net.au
  
  Economists say gas producers have got off too easy for too long when it comes to tax but the industry itself is fighting to stave off change.
  
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• 'Grounds for concern': Not everyone is happy with everything the RBA review recommends

  20-04-2023 20:29 via abc.net.au
  
  Economists have welcomed many of the proposed changes to the Reserve Bank of Australia, but some have raised concerns.
  
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• Does everyone welcome the Reserve Bank overhaul?

  20-04-2023 20:29 via abc.net.au
  
  Economists have welcomed many of the proposed changes to the Reserve Bank of Australia, but some have raised concerns.
  
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• Confused about what the RBA review means for your mortgage? Let's break it down

  20-04-2023 11:14 via abc.net.au
  
  A scathing review of the Reserve Bank of Australia has delivered a shake-up to the central bank not seen in a generation and here's what it means for interest rates, your mortgage, and RBA Governor Philip Lowe.
  
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• At Close of Business 20 April 2023

  20-04-2023 10:37 via businessnews.com.au
  
  Jordan Murray speaks with senior journalist Matt Mckenzie about how troubles facing Modco Residential highlight broader issues facing the building industry.
  
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• Whitby signs off Wheatstone carbon rules

  20-04-2023 10:12 via businessnews.com.au
  
  New emissions targets for Chevron’s Wheatstone LNG plant have been signed off by the state government.
  
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• Diplomacy vital to support subs spend

  20-04-2023 09:59 via businessnews.com.au
  
  The nuclear subs deal has supporters and detractors both within Australia and overseas.
  
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• $10m for three timber companies

  20-04-2023 09:56 via businessnews.com.au
  
  The federal government has announced grants to three big timber processing companies in WA in another sign the industry’s future rests with softwood plantation timber.
  
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• Welker pursues Ten Sixty Four board removal plan

  20-04-2023 09:36 via businessnews.com.au
  
  Another bid to replace the board at West Perth-based gold miner Ten Sixty Four is underway, about nine months after a failed attempt to oust the directors.
  
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• Australian shares finish flat for second straight day

  20-04-2023 09:35 via businessnews.com.au
  
  The ASX200 has finished down just 0.04 per cent in a second day of quiet trading.
  
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• Contractor launches lawsuit against Lavan

  20-04-2023 09:25 via businessnews.com.au
  
  A contractor who lost a decade-long dispute over a $26 million contract on an iron ore project in the Mid West has launched legal action against the firm that represented them.
  
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• Red bin rubbish 'halved' as successful soft plastics recycle trial expands

  20-04-2023 08:55 via abc.net.au
  
  There is hope a kerbside soft plastic recycling scheme on the New South Wales and Victorian border will have what it takes to go national.
  
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• Hopes that soft plastics recycling trial can go national after 'halving' red bin rubbish

  20-04-2023 08:55 via abc.net.au
  
  There is hope a kerbside soft plastic recycling scheme on the New South Wales and Victorian border will have what it takes to go national.
  
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• Light-touch RBA review gets inflation call right

  20-04-2023 08:50 via businessnews.com.au
  
  Analysis: Philip Lowe says changes proposed in the RBA review will have a “marginal” impact on the economy, but crucially, the panel has reaffirmed the bank’s inflation target.
  
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• Galena Mining raises $20m

  20-04-2023 08:31 via businessnews.com.au
  
  Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra base metals mine.
  
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• Galena Mining raised $20m

  20-04-2023 08:31 via businessnews.com.au
  
  Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra Base Metals Mine.
  
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• Perth office vacancy grows

  20-04-2023 08:26 via businessnews.com.au
  
  Perth’s office vacancy rate has grown to 19.9 per cent, but its net absorption was the strongest in the country, recent JLL statistics show.
  
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• Queensland moves to become first state to protect title of 'surgeon' amid cosmetic industry crackdown

  20-04-2023 08:05 via abc.net.au
  
  State Health Minister Yvette D'ath introduced the legislation in parliament today, which would see practitioners who have not completed advanced formal training prohibited from using the title.
  
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• WA government considering sale of scandal-plagued Perth Mint

  20-04-2023 07:29 via abc.net.au
  
  The WA government is considering whether or not to sell the scandal-plagued Perth Mint, as it sets aside $1 million for an "independent options analysis".
  
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• Sale of Perth Mint on the table as WA government announces review

  20-04-2023 07:29 via abc.net.au
  
  The WA government is considering whether or not to sell the scandal-plagued Perth Mint, as it sets aside $1 million for an "independent options analysis".
  
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• McGowan government accused of ‘taking out the trash’ by announcing Perth Mint review in shadow of solar eclipse

  20-04-2023 07:29 via abc.net.au
  
  The WA government is considering whether or not to sell the scandal-plagued Perth Mint, as it sets aside $1 million for an "independent options analysis".
  
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• Government accused of ‘taking out the trash’ by announcing Perth Mint review in shadow of solar eclipse

  20-04-2023 07:29 via abc.net.au
  
  The WA government is considering whether or not to sell the scandal-plagued Perth Mint, as it sets aside $1 million for an "independent options analysis".
  
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• Perth Mint may be privatised

  20-04-2023 07:23 via businessnews.com.au
  
  The state government has launched a strategic review of Gold Corporation, which operates the Perth Mint, with a sale of the business one option.
  
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• Academic explores what Labor water rights election statement would mean in the bush

  20-04-2023 06:35 via abc.net.au
  
  A promise to protect Sydney and Hunter water infrastructure in the constitution has opened a conversation about enshrining a right to safe, clean reliable water for all of NSW.
  
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• Tianqi, IGO JV takeover bid rejected

  20-04-2023 06:13 via businessnews.com.au
  
  Essential Metals shareholders have rejected a takeover bid by a joint venture between Tianqi Lithium and IGO, days after Mineral Resources became a substantial holder.
  
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• Rio posts record shipments

  20-04-2023 06:06 via businessnews.com.au
  
  Rio Tinto has reported record first-quarter iron ore shipments and continued to benefit from strong commodity prices, with China’s iron ore imports also at record levels.
  
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• Build delays hammer Modco

  20-04-2023 05:44 via businessnews.com.au
  
  Troubles for Modco Residential highlight some big issues in the building industry.
  
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• If you're a scam victim, don't expect one of the big banks to repay you

  20-04-2023 04:58 via abc.net.au
  
  The big banks are under growing pressure to do more to prevent scams and repay victims after a report by the corporate regulator found they only compensate a tiny number of customers.
  
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• Big banks urged to repay scam victims as ASIC slams inconsistent approach

  20-04-2023 04:58 via abc.net.au
  
  The big banks are under growing pressure to do more to prevent scams and repay victims after a report by the corporate regulator found they only compensate a tiny number of customers.
  
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• Qantas FIFO growth dealt major blow

  20-04-2023 04:11 via businessnews.com.au
  
  The Australian Competition and Consumer Commission has rejected the airline's planned takeover of Brisbane-based Alliance Aviation Services Ltd.
  
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• Major blow to Qantas' FIFO growth

  20-04-2023 04:11 via businessnews.com.au
  
  The Australian Competition and Consumer Commission has rejected the airline's planned take-over of Brisbane based Alliance Aviation Services Ltd.
  
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• ACCC opposes Qantas-Alliance deal

  20-04-2023 04:11 via businessnews.com.au
  
  Qantas Airways’ plan to buy a rival airline services has hit a snag after the competition watchdog intends to block the proposed acquisition.
  
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• RBA overhaul to put board members in spotlight

  20-04-2023 02:25 via businessnews.com.au
  
  A major overhaul of the Reserve Bank will create a board for setting interest rates that's more accountable and holds fewer meetings.
  
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• RBA decision-making shake-up looms after review calls for an overhaul

  20-04-2023 02:02 via abc.net.au
  
  The Reserve Bank is set for its biggest overhaul in decades, with a review into the central bank finding it needs major changes to ensure it is "fit for the future".
  
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• RBA boss Phil Lowe concedes 'we need to change'

  20-04-2023 02:02 via abc.net.au
  
  The Reserve Bank is set for its biggest overhaul in decades, with a review into the central bank finding it needs major changes to ensure it is "fit for the future".
  
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