Analyst news

• 'How much further can I be gutted?': Donald hopes the government will deliver on Youpla's broken promises

  12-05-2023 23:15 via abc.net.au
  
  For decades, funeral insurer ACBF Youpla sold policies to First Nations Australians despite attention for regulators. Now, two years after it collapsed, the government is still wrestling with how to compensate the company's customers.
  
  Read more

• Rio's favelas needed a sewerage network. Instead, they got a cable car — that no longer works

  12-05-2023 22:00 via abc.net.au
  
  How Rio de Janeiro's defunct cable car became a symbol of the city's extreme social inequality and its disappointing Olympic legacy. 
  
  Read more

• Rio's favelas needed a sewage network. Instead, they got a cable car — that no longer works

  12-05-2023 22:00 via abc.net.au
  
  How Rio de Janeiro's defunct cable car became a symbol of the city's extreme social inequality and its disappointing Olympic legacy. 
  
  Read more

• An 'Olympic ruin': The sad story of Rio de Janeiro's defunct cable car

  12-05-2023 22:00 via abc.net.au
  
  How Rio de Janeiro's defunct cable car became a symbol of the city's extreme social inequality and its disappointing Olympic legacy. 
  
  Read more

• Advertisement

• 'No retreat, no surrender': Zaira community leader vows to fight Australian man's plans to log 'precious relic'

  12-05-2023 21:58 via abc.net.au
  
  Villagers in Solomon Islands say they'll fight to prevent an Australian-owned company from logging in their pristine rainforest.
  
  Read more

• Aerison discloses $47m dispute

  12-05-2023 10:44 via businessnews.com.au
  
  Perth contractor Aerison Group has confirmed it is in a $47 million dispute with iron ore miner Roy Hill Holdings.
  
  Read more

• At Close of Business May 12 2023

  12-05-2023 10:10 via businessnews.com.au
  
  Senior journalists Jack McGinn and Claire Tyrrell discuss the state of play for renters and buyers in the Perth property market.
  
  Read more

• Local shares weighed down by energy and materials

  12-05-2023 10:05 via businessnews.com.au
  
  The energy and materials sectors are weighing down shares as the local market prepares for the release of wage and employment data.
  
  Read more

• Advertisement

• Court strikes out Mineralogy’s claim

  12-05-2023 10:05 via businessnews.com.au
  
  A WA Supreme Court judge has struck out some parts of Clive Palmer-owned Mineralogy’s pleas in an ongoing dispute with CITIC Limited, describing the claim as embarrassing.
  
  Read more

• Perth Concert Hall to close for two-year revamp

  12-05-2023 10:02 via businessnews.com.au
  
  A $150 million upgrade to the heritage-listed venue due in 2024 will involve rectifying a 'number of structural issues' with the car park underneath the venue to open once additional supports have been installed.
  
  Read more

• New fees for land approvals

  12-05-2023 09:58 via businessnews.com.au
  
  Big mining companies will need to pay $1.4 million each time they seek Aboriginal cultural heritage approval under a new set of fees announced in the budget.
  
  Read more

• AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider probe

  12-05-2023 09:39 via abc.net.au
  
  Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.
  
  Read more

• AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

  12-05-2023 09:39 via abc.net.au
  
  Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.
  
  Read more

• Trade Minister Don Farrell given surprise Forbidden City tour, China's foreign minister to visit Australia

  12-05-2023 09:19 via abc.net.au
  
  Senator Farrell says he is "very privileged to be invited here to this iconic site" as a former Chinese diplomat describes the unexpected invitation as a "very high-level welcome from Beijing".
  
  Read more

• Bell disqualified, fined following breach admission

  12-05-2023 09:13 via businessnews.com.au
  
  The former director of ASX-listed resources company Australian Mines has been fined $70,000 and disqualified from managing corporations for two years.
  
  Read more

• Chalice raises another $80m for Gonneville

  12-05-2023 09:09 via businessnews.com.au
  
  Chalice Mining will top up its coffers by $70 million courtesy of a private placement to institutional investors.
  
  Read more

• The China decoupling delusion

  12-05-2023 08:19 via businessnews.com.au
  
  Navigating our allies’ differing views of how to deal with China is an ongoing challenge.
  
  Read more

• Mark My Words May 12 2023

  12-05-2023 08:15 via businessnews.com.au
  
  Mark Pownall and Mark Beyer discuss payroll tax, fees and charges, diversification, the GST and the electricity network. Also: 40under40, Alcoa’s new boss and 30 years of business in WA.
  
  Read more

• Warehouse addition to Hesperia’s $500m logistics park

  12-05-2023 07:50 via businessnews.com.au
  
  A “mindbogglingly big” warehouse will join Hesperia’s 75-hectare Roe Highway Logistics Park after a development panel unanimously approved the $22 million proposal.
  
  Read more

• Calls for answers after recycling company that promised a 'revolution' collapses

  12-05-2023 07:31 via abc.net.au
  
  Bioelektra Australia has entered into voluntary administration after it was engaged to use Polish technology to divert 90 per cent of a NSW council's waste from landfill.
  
  Read more

• New coal mine in central Queensland set for approval — if a vulnerable snake can be protected

  12-05-2023 06:51 via abc.net.au
  
  The Isaac River Mine in central Queensland has been flagged for approval if a vulnerable snake can be protected, but an environmental group says people who voted in favour of climate action have a right to feel betrayed. 
  
  Read more

• Federal government gives provisional approval to first new coal mine in Bowen Basin

  12-05-2023 06:51 via abc.net.au
  
  A metallurgical coal mine in Central Queensland has been flagged for approval by the federal government, but an environmental group says people who voted in favour of climate action have a right to feel betrayed. 
  
  Read more

• 'A right to feel betrayed': New coal mine flagged for approval by federal government

  12-05-2023 06:51 via abc.net.au
  
  The Isaac River Mine in central Queensland has been flagged for approval if a vulnerable snake can be protected, but an environmental group says people who voted in favour of climate action have a right to feel betrayed. 
  
  Read more

• Murray Bridge abattoir looking for hundreds of workers as it reopens after fire

  12-05-2023 06:50 via abc.net.au
  
  Thomas Foods International is looking for hundreds of workers for its new Murray Bridge facility, five years after the previous one was destroyed by fire. 
  
  Read more

• Trek, Rio Tinto strike deal

  12-05-2023 06:07 via businessnews.com.au
  
  Junior miner Trek Metals has reached a deal with Rio Tinto for exploration activities at its nickel and copper project in the Pilbara.
  
  Read more

• ASIC sues insurer HCF Life

  12-05-2023 03:56 via businessnews.com.au
  
  Not-for-profit insurance provider HCF Life is being sued by the corporate watchdog over alleged unfair contract terms that could mislead the public.
  
  Read more

• Newcrest extends Newmont's deadline

  12-05-2023 03:32 via businessnews.com.au
  
  Takeover target Newcrest Mining has pushed back the exclusivity period for global mining giant Newmont Corporation’s $32 billion offer until next week.
  
  Read more

• Newcrest extends Newmont deadline

  12-05-2023 03:32 via businessnews.com.au
  
  Takeover target Newcrest Mining has pushed back the exclusivity period for global mining giant Newmont Corporation’s $32 billion offer until next week.
  
  Read more

• Builder search a struggle for $85m project

  12-05-2023 03:00 via businessnews.com.au
  
  Saracen Properties has received approval for a proposed $85 million East Fremantle project and a time extension to find a builder amid the constrained construction market.
  
  Read more

• Builder search a struggle for $85m build

  12-05-2023 03:00 via businessnews.com.au
  
  Saracen Properties has received approval for a proposed $85 million East Fremantle project and a time extension to find a builder amid the constrained construction market.
  
  Read more

• Wall St takes a tumble on Disney; bank worries

  12-05-2023 02:46 via businessnews.com.au
  
  US stocks closed in a slump on the back of news Disney was losing subscribers and another regional bank, PacWest, took a dive.
  
  Read more

• Elon Musk says he has hired a woman to replace him as Twitter chief executive, but won't say who

  12-05-2023 02:10 via abc.net.au
  
  Elon Musk says he has found a woman to replace him as chief executive officer of Twitter and its newly named parent company, X Corp.
  
  Read more

• 'They need to be protected at all costs': Traditional owners fear for cultural sites at $1.5 billion industrial hub

  12-05-2023 01:37 via abc.net.au
  
  Larrakia traditional owners raised concerns with federal and territory ministers about the potential impact of a major industrial hub planned for Darwin before $1.5 billion of Commonwealth funding was confirmed.
  
  Read more

• FOI documents show ministers were told of risks to cultural sites at industrial hub near Darwin

  12-05-2023 01:37 via abc.net.au
  
  Larrakia traditional owners raised concerns with federal and territory ministers about the potential impact of a major industrial hub planned for Darwin before $1.5 billion of Commonwealth funding was confirmed.
  
  Read more

• First Nations tourism plan will 'reduce crime rate', promote ancient knowledge, leaders say

  12-05-2023 01:08 via abc.net.au
  
  Young people will be "so busy" working in tourism that there'll be no time for crime, an Indigenous leader says as Far North Queensland's First Nations tourism plan is launched.
  
  Read more

Follow @Analyst_News_AU on Twitter!