Analyst news

• Sylvia faces housing stress as rents soar — even at her charity-run housing estate

  17-05-2023 21:18 via abc.net.au
  
  A charity-run housing estate will raise rental prices by 10 per cent – which residents like Sylvia Massara will struggle to afford.
  
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• At Close of Business May 17 2023

  17-05-2023 10:36 via businessnews.com.au
  
  Simone Grogan and Jack McGinn discuss the evolution of Perth's stockbroking industry over the past 30 years.
  
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• Epiroc buys Schramm assets

  17-05-2023 10:34 via businessnews.com.au
  
  Swedish multinational Epiroc has bolstered its ranking as one of WA’s largest mining services companies, after coming to the rescue of local manufacturer Schramm and saving 80 jobs in the process.
  
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• MinRes, Pigozzo dispute over alleged media leak

  17-05-2023 10:29 via businessnews.com.au
  
  The legal battle between Chris Ellison and a former Mineral Resources manager continues with allegations that information had been leaked to media outlets before the official court process started.
  
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• Four workers allegedly received lead poisoning at Kalgoorlie assay laboratory

  17-05-2023 10:25 via abc.net.au
  
  WorkSafe is set to prosecute the owners of a Kalgoorlie-based assay laboratory where four workers allegedly received lead poisoning, including one who was hospitalised for high levels of lead in their blood.  
  
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• Samsung, Infinite plan $4.8bn hydrogen project

  17-05-2023 09:52 via businessnews.com.au
  
  Perth company Infinite Green Energy has linked up with Korea’s Samsung C&T to pursue the development of a world-scale hydrogen plant just south of Dongara.
  
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• Monadelphous pens $22m acquisition

  17-05-2023 09:52 via businessnews.com.au
  
  Monadelphous is set to buy Melbourne-based mechanical and electrical services business BMC for about $22 million in a bid to expand its eastern seaboard presence.
  
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• Local governments 'blindsided' by street light tariff

  17-05-2023 09:52 via businessnews.com.au
  
  The Economic Regulation Authority has knocked back a proposal by Western Power to jack up street light costs that would likely have been passed on to residents.
  
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• World's biggest carbon capture plant performing below expectations as critics pan 'ludicrous' technology

  17-05-2023 09:39 via abc.net.au
  
  The future of carbon capture technology is up in the air as United States oil and gas giant Chevron admits to an Adelaide audience that its flagship project is running at just a third of capacity six years after opening.
  
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• Aust shares fall as US debt ceiling talks drag on

  17-05-2023 09:26 via businessnews.com.au
  
  The local bourse has fallen 0.5 per cent to close at its lowest level since May 4 amid economic uncertainty and nervousness about the US debt ceiling.
  
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• Right place, right time

  17-05-2023 09:24 via businessnews.com.au
  
  Michael Malone’s business trajectory has followed some of the major technology trends.
  
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• Perth architect to design accommodation hub

  17-05-2023 08:59 via businessnews.com.au
  
  Perth architecture firm Iredale Pedersen Hook has been appointed to design the Aboriginal Short Stay facility in Cannington.
  
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• Carnarvon business owner launches 'positives' campaign to fight 'unfair' war zone comparisons

  17-05-2023 08:47 via abc.net.au
  
  A local Western Australian business owner angered by a "war zone" label for her town starts a social media campaign to showcase its better qualities, with its social problems largely confined to a small area.
  
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• Strike, Talon notch another deal

  17-05-2023 08:26 via businessnews.com.au
  
  Joint venture partners Strike Energy and Talon Energy have struck a deal with oil and gas giant Santos for offtake from its Walyering development.
  
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• New regional airline launched

  17-05-2023 07:48 via businessnews.com.au
  
  Nexus Airlines has been launched to expand the Western Australian Inter-Regional Flight Network, bolstered by a $4 million investment from the state government.
  
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• Dealing through the decades

  17-05-2023 07:46 via businessnews.com.au
  
  Three stalwarts of broking share the highs, lows and lessons learned from their careers doing business in resources-rich WA.
  
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• Final curtain call for Mary Parker, the first woman to appear on Melbourne television

  17-05-2023 07:44 via abc.net.au
  
  When television arrived in Australia in 1956, Mary Parker became an overnight star and a household name.
  
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• WorkSafe prosecutes Jinning over lead exposure

  17-05-2023 07:35 via businessnews.com.au
  
  Assay lab operator Jinning, which was bought by UK-based Phenna Group last year, is being prosecuted by WorkSafe after four of its employees recorded high levels of lead in their blood.
  
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• Outback residents fed up with unreliable airlines welcome new carrier Nexus

  17-05-2023 07:35 via abc.net.au
  
  Residents across Western Australia's north hope the arrival of Nexus Airlines will see cheaper airfares and more reliability of services.
  
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• International Graphite picks Collie site

  17-05-2023 06:29 via businessnews.com.au
  
  Hopeful battery materials manufacturer International Graphite has secured a preferred site for its proposed plant in the Coolangatta industrial estate.
  
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• Business as usual a road to nowhere

  17-05-2023 06:13 via businessnews.com.au
  
  Questions are being asked about the future of WA’s gas supplies amid increasing pressure on emissions.
  
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• Live sheep trade to Saudi Arabia set to reopen, as federal government's live export ban looms

  17-05-2023 05:28 via abc.net.au
  
  The number of sheep headed to the Middle East could double if the trade to Saudi Arabia reopens next year, boosting the multimillion dollar industry.
  
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• Jetstar's new changes mean travellers will need to arrive earlier for check-in and boarding

  17-05-2023 04:19 via abc.net.au
  
  Jetstar travellers will need to arrive at the airport earlier, after the carrier announced a series of changes it hopes to "boost punctuality and reliability". 
  
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• Australia commits $160m to build more Bushmasters, UK and Dutch pledge F-16 support for Ukraine

  17-05-2023 04:08 via abc.net.au
  
  Bendigo-based Thales Australia signs a contract to build another order of 78 troop-carrying and command vehicles for the Australian Army, as the Netherlands and pledge to build an "international coalition" to provide fighter jet support for Ukraine
  
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• Australia commits $160m to build more Bushmasters after donating 90 to Ukraine in war against Russia

  17-05-2023 04:08 via abc.net.au
  
  Bendigo-based Thales Australia signs a contract to build another order of 78 troop-carrying and command vehicles for the Australian Army.
  
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• Shadow treasurer delivers post-budget address at National Press Club — as it happened

  17-05-2023 04:05 via abc.net.au
  
  Angus Taylor addresses the National Press Club for his post-budget address, one week after Treasurer Jim Chalmers handed down his second budget. 
  
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• Live: Shadow Treasurer delivers post-budget address at National Press Club

  17-05-2023 04:05 via abc.net.au
  
  Angus Taylor will address the National Press Club for his post-budget address, one week after Treasurer Jim Chalmers handed down his second budget. Follow live.
  
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• Fears of fatal cliff face collapse force authorities to close popular Great Ocean Road attraction

  17-05-2023 03:51 via abc.net.au
  
  Authorities have closed access to one of the Great Ocean Road's most popular tourist attractions, the beach steps at Loch Ard Gorge, amid fears of a cliff collapse. 
  
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• 'We're not spending money now because we don't have it': Wage growth hits decade high but trails inflation

  17-05-2023 03:35 via abc.net.au
  
  Wages growth is at its highest level since 2012, with around 50 per cent of workers seeing pay increases above 3 per cent, but it is still well behind inflation.
  
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• Wages growth close to forecasts takes pressure off RBA for further rate rises

  17-05-2023 03:35 via abc.net.au
  
  The official Wage Price Index from the Bureau of Statistics shows pay packets lifted 0.8 per cent in the March quarter and 3.7 per cent over the year to March.
  
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• Emily just got a 5 per cent pay rise. This is why it doesn't count in the latest wages figures

  17-05-2023 03:35 via abc.net.au
  
  Wages growth is at its highest level since 2012, with around 50 per cent of workers seeing pay increases above 3 per cent, but it is still well behind inflation.
  
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• Prime Minister Anthony Albanese cancels Quad meeting after US president Joe Biden pulls out

  17-05-2023 03:32 via abc.net.au
  
  Prime Minister Anthony Albanese cancels a major meeting of the leaders of the United States, India, Japan and Australia that was set to be hosted at the Sydney Opera House, after US President Joe Biden cancels his visit.
  
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• New east coast gas on backburner as costly winter looms

  17-05-2023 02:00 via businessnews.com.au
  
  East coast gas supplies may continue to dwindle - extending bill shock - as developers and investors are spooked about the risk of more price controls.
  
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• Climate change protesters cause lengthy traffic delays in Adelaide CBD

  17-05-2023 01:41 via abc.net.au
  
  Protesters, including one abseiling from a bridge, have caused traffic chaos in Adelaide's CBD.
  
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• SA's forest industry to stump up funds for phone towers to boost reception in state's south-east

  17-05-2023 01:17 via abc.net.au
  
  Forestry is south-east South Australia's largest industry, but advocates say it needs greater mobile connectivity to grow further.
  
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• SA Forestry wants to lead charge giving south-east the best mobile coverage in the state

  17-05-2023 01:17 via abc.net.au
  
  Forestry is south-east South Australia's largest industry, but advocates say it needs greater mobile connectivity to grow further.
  
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• Forestry industry to stump up funds for phone towers to boost reception in south-east SA

  17-05-2023 01:17 via abc.net.au
  
  Forestry is south-east South Australia's largest industry, but advocates say it needs greater mobile connectivity to grow further.
  
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• Freight companies scramble for solution amid truck driver shortage

  17-05-2023 01:03 via abc.net.au
  
  Empty haulage trucks are parked in yards across WA's south-west as an ongoing driver shortage forces business owners to turn down work contracts.
  
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• Pastoralist's hopes for fracking fortunes met with reservation in split Beetaloo community

  17-05-2023 00:59 via abc.net.au
  
  Pastoralists are divided on the costs and benefits of the gas industry as the Northern Territory opens the door to fracking in the Beetaloo Basin.
  
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• Live: Recession likely if US debt ceiling agreement not reached, Yellen warns; ASX set to open lower

  17-05-2023 00:05 via abc.net.au
  
  US Treasury Secretary Janet Yellen warns the country faces a "financial storm" and a recession if a debt ceiling negotiation is not reached and it defaults on its payments. Follow the day's events as they happen with our live blog.
  
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• Live: ASX opens lower as Incitec Pivot's profit falls, US recession warning as debt ceiling deadline looms

  17-05-2023 00:05 via abc.net.au
  
  The Australian share market has opened lower as Incitec Pivot records a lower profit result, after the US Treasury secretary warns a recession is likely unless a deal is struck over the debt ceiling. Follow live.
  
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• ASX closes lower as Incitec Pivot's profit falls, US recession warning as debt ceiling deadline looms — as it happened

  17-05-2023 00:05 via abc.net.au
  
  The Australian share market closes lower as Incitec Pivot records a lower profit result, and the US Treasury secretary warns a recession is likely unless a deal is struck over the debt ceiling. Look back on the day's business and market news with our blog.
  
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