Analyst news

• Renee just lost $6,500 because of a power outage and she is demanding consequences

  23-05-2023 23:59 via abc.net.au
  
  Renee Johnstone's Saturday trade usually covers her cafe's grocery bill for the following week. She and other business owners are fed up with what they say is a lack of accountability from energy providers.
  
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• Renee just lost $6,500 because of a power outage and she is demanding accountability

  23-05-2023 23:59 via abc.net.au
  
  Renee Johnstone's Saturday trade usually covers her cafe's grocery bill for the following week. She and other business owners are fed up with what they say is a lack of accountability from energy providers.
  
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• UK watchdog forces Meta to sell Giphy, resulting in multi-million-dollar loss

  23-05-2023 23:55 via abc.net.au
  
  Facebook parent company Meta sells animated graphics company Giphy at a major loss after the UK competition regulator ordered it to divest the startup over competition concerns.
  
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• Live: ASX set to fall after Wall Street lost ground and US debt negotiations dragged on

  23-05-2023 23:18 via abc.net.au
  
  US stocks slip as little progress is made between Democrats and Republicans over lifting the US government's borrowing limit. Follow the day's events, with insights from our business reporters, on the live markets blog. 
  
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• Live: ASX falls amid stalled US debt ceiling negotiations, New Zealand's Reserve Bank raises rates for 12th time

  23-05-2023 23:18 via abc.net.au
  
  The ASX loses ground and US stocks slip as no progress is made between Democrats and Republicans over lifting the US government's borrowing limit.  And the Reserve Bank of New Zealand lifts interest rates to 5.5 per cent, the highest in 14 years. 
  
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• Live: ASX falls amid stalled US debt ceiling negotiations, CBA lifts mortgage rates again, New Zealand's Reserve Bank raises rates for 12th time

  23-05-2023 23:18 via abc.net.au
  
  The ASX loses ground on US ceiling impasse, CBA lifts variable home loan rates, and the Reserve Bank of New Zealand lifts official rates to 5.5 per cent, the highest in 14 years. 
  
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• Live: ASX falls after Wall Street lost ground and US debt negotiations dragged on

  23-05-2023 23:18 via abc.net.au
  
  The ASX loses ground and US stocks slip as little progress is made between Democrats and Republicans over lifting the US government's borrowing limit. Follow the day's events, with insights from our business reporters, on the live markets blog. 
  
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• ASX falls on stalled US debt ceiling talks, CBA lifts mortgage rates again, NZ's Reserve Bank raises rates for 12th time — as it happened

  23-05-2023 23:18 via abc.net.au
  
  The ASX loses ground on US debt ceiling impasse and lower iron ore prices, CBA lifts variable home loan rates, and the Reserve Bank of New Zealand lifts official rates to 5.5 per cent, the highest in 14 years. 
  
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• Elders step up to provide NSW town with clean drinking water after government solutions fail

  23-05-2023 22:40 via abc.net.au
  
  Aboriginal elders in Walgett say they will provide free filtered drinking water for their remote community after repeated failures by the state and local government.
  
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• Concerns Victoria's new land tax could cause more pain for renters caught in tightening market

  23-05-2023 22:17 via abc.net.au
  
  There are fears landlords will pass on the cost of a new land tax introduced in the Victorian state budget onto renters, a concern the treasurer has rejected as "specious logic".
  
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• Concerns Victorian budget's new land tax will be passed onto renters

  23-05-2023 22:17 via abc.net.au
  
  There are fears landlords will pass on the cost of a new land tax introduced in the Victorian state budget onto renters, a concern the treasurer has rejected as "specious logic".
  
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• Scammers called Jenny to say her credit card had been misused, they were right

  23-05-2023 22:00 via abc.net.au
  
  Over a four-hour phone call, scammers gained access to Jenny's computer and transferred $300,000 out of her account. By the time she alerted the bank, it was too late.  
  
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• 'Money mules' helped shift Jenny's money out of the country. Police say they're very hard to catch

  23-05-2023 22:00 via abc.net.au
  
  Over a four-hour phone call, scammers gained access to Jenny's computer and transferred $300,000 out of her account. By the time she alerted the bank, it was too late.  
  
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• 'Money mules' are working in teams and make up the majority of scams reported in Australia

  23-05-2023 22:00 via abc.net.au
  
  Over a four-hour phone call, scammers gained access to Jenny's computer and transferred $300,000 out of her account. By the time she alerted the bank, it was too late.  
  
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• Jenny lost $300,000 to a complicated scam, but her bank didn't notice until it was too late

  23-05-2023 22:00 via abc.net.au
  
  Over a four-hour phone call, scammers gained access to Jenny's computer and transferred $300,000 out of her account. By the time she alerted the bank, it was too late.  
  
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• Xi Jinping's Belt and Road Initiative has cost more than $1 trillion already — what has that much money bought?

  23-05-2023 20:48 via abc.net.au
  
  While the leaders of the G7 met in Japan, Chinese President Xi Jinping used a China-Central Asia Summit to push further economic and trade ties along the old Silk Road under the banner of his signature policy — the Belt and Road Initiative. So how is the project tracking and can it challenge US global influence?
  
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• 'The backbone of a new world order': How is Xi Jinping's signature policy to shake US global influence going?

  23-05-2023 20:48 via abc.net.au
  
  While the leaders of the G7 met in Japan, Chinese President Xi Jinping used a China-Central Asia Summit to push further economic and trade ties along the old Silk Road under the banner of his signature policy — the Belt and Road Initiative. So how is the project tracking and can it challenge US global influence?
  
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• 'Racism, discrimination and confiscated passports'. This is not a third world problem. This is common among migrants in Australia

  23-05-2023 12:39 via abc.net.au
  
  One in six migrants are paid less than the national minimum wage according to a new report by the Grattan Institute, which says governments has failed to stop exploitation, with sexual harassment, bullying, and unsafe working conditions also rife. It found underpayment also a significant problem for Australian workers.
  
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• SA government questioned over River Murray use as it commits water for Whyalla hydrogen plant

  23-05-2023 09:59 via abc.net.au
  
  Irrigators and environmental experts say the state government commitment to use River Murray water to power a $593 million hydrogen power plant project in South Australia raises questions about how the natural resource is used. 
  
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• Rinehart family quarrel over legal documents

  23-05-2023 09:52 via businessnews.com.au
  
  A court has rejected Gina Rinehart and her company Hancock Prospecting's claims that giving her children access to certain documents would significantly prejudice the mining magnate.
  
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• Openn mulls its future

  23-05-2023 09:29 via businessnews.com.au
  
  Rumours are circulating about job cuts at Claremont-based proptech Openn Negotiation, as it explores recapitalisation options.
  
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• At Close of Business May 23 2023

  23-05-2023 09:12 via businessnews.com.au
  
  Senior journalists Mark Pownall and Jack McGinn speak about the technological innovation witnessed since Michael Malone started iiNet in a Perth garage in 1993.
  
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• Aust shares finish flat with US debt talks at stalemate

  23-05-2023 09:05 via businessnews.com.au
  
  The local bourse has had another quiet day, with a drop in the materials sector and a rise in financials.
  
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• St Barbara knocks back Silver Lake, again

  23-05-2023 08:23 via businessnews.com.au
  
  St Barbara chairman Kerry Gleeson has lambasted Silver Lake for demanding what he has called ‘a disruptive and unrealistic two-week due diligence exercise’.
  
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• Inputs needed to shore up defence

  23-05-2023 08:00 via businessnews.com.au
  
  Threats and challenges identified in the 1990s remain today.
  
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• Snowy Hydro boss says boring machine could be stuck for 'weeks or months' as cost blowouts scrutinised

  23-05-2023 07:49 via abc.net.au
  
  Following the revelation made by Dennis Barnes at a Senate estimates hearing, an analyst predicts the project cost will blow out to at least five times the original figure.
  
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• Claims of 'fiasco' as Snowy 2.0 boss admits $100m spent on mapping before tunnelling trouble

  23-05-2023 07:49 via abc.net.au
  
  Following the revelation made by Dennis Barnes at a Senate estimates hearing, an analyst predicts the project cost will blow out to at least five times the original figure.
  
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• Former Continental Coal director sentenced

  23-05-2023 07:19 via businessnews.com.au
  
  Ashley Paul D’Sylva has been sentenced to eight months imprisonment after pleading guilty over financial misuse while he was a director at Continental Coal.
  
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• Fuel line fire likely behind plane crash that killed nurse in the Kimberley

  23-05-2023 07:18 via abc.net.au
  
  The outback milk-run flight turned to tragedy after a fire filled the cockpit with smoke causing the plane to crash near a runway in Kununurra.
  
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• Supermarket food prices outpace inflation, rising by 'surprising' 10pc in past year

  23-05-2023 06:58 via abc.net.au
  
  Analysis by investment bank UBS finds food prices at Australia's major supermarket chains have risen at a faster rate than inflation.
  
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• Cost of food at supermarkets rising faster than inflation

  23-05-2023 06:58 via abc.net.au
  
  Analysis by investment bank UBS finds food prices at Australia's major supermarket chains have risen at a faster rate than inflation.
  
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• Companies fined $60k over worker injury

  23-05-2023 06:54 via businessnews.com.au
  
  Two WA companies operating in the mining industry have been fined a total of $600,000 after a worker suffered traumatic head injuries onsite.
  
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• Companies fined $600k over worker injury

  23-05-2023 06:54 via businessnews.com.au
  
  Two WA companies operating in the mining industry have been fined a total of $600,000 after a worker suffered traumatic head injuries onsite.
  
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• Victorian budget 2023: Winners and losers

  23-05-2023 06:40 via abc.net.au
  
  See how the Victorian government prioritised spending in its post-election budget.
  
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• New taxes for big business, more hospitals: The winners and losers of the Victorian budget

  23-05-2023 06:40 via abc.net.au
  
  See how the Victorian government prioritised spending in its post-election budget.
  
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• Mining executives confident on net zero: KPMG

  23-05-2023 06:36 via businessnews.com.au
  
  Almost 80 per cent of mining executives believe the industry can meet growing demand for clean energy minerals, according to a recent global survey from KPMG.
  
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• Climate Change Authority board members accused of conflicts of interest

  23-05-2023 06:35 via abc.net.au
  
  The department in charge of the Climate Change Authority (CCA) has told senate estimates it's seeking legal advice over potential conflicts of interest on the authority's board. 
  
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• Qantas forecasts $2.5bn profit

  23-05-2023 06:31 via businessnews.com.au
  
  Qantas Group is forecasting its biggest-ever profit of between $2,425 million and $2,475 million on the back of continued strong travel demand.
  
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• Noosa's luxury dining, shopping strip 'trying to get ahead' of potential hepatitis A outbreak

  23-05-2023 06:25 via abc.net.au
  
  Health experts are rushing to install a pop-up clinic to stave off a feared hepatitis A outbreak on one of Australia's best-known holiday dining and shopping strips. 
  
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• WA ‘missing’ from national investment narrative: Cook

  23-05-2023 05:20 via businessnews.com.au
  
  Western Australian deputy premier Roger Cook labelled WA ‘missing’ from east coast investment conversations while launching an updated public sector intellectual property policy in Perth today.
  
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• Victorian budget targets big employers and property investors with 'COVID Debt Levy'

  23-05-2023 05:03 via abc.net.au
  
  Big businesses, holiday-home owners and landlords will be asked to foot the bill for the Victorian government's COVID-19 debt, as part of a 10-year budget repair plan unveiled in the state budget.
  
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• Victoria hits up big businesses and landlords to pay back COVID budget debt

  23-05-2023 05:03 via abc.net.au
  
  Big businesses, holiday-home owners and landlords will be asked to foot the bill for the Victorian government's COVID-19 debt, as part of a 10-year budget repair plan unveiled in the state budget.
  
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• Nedlands aged care project in time crunch

  23-05-2023 04:24 via businessnews.com.au
  
  Oryx Communities has pushed for another time extension for its four-storey Nedlands facility after PS Structures withdrew from the $35 million project and avoiding all aged care developments.
  
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• Energy goes greener, a little bit private

  23-05-2023 03:28 via businessnews.com.au
  
  The state's energy system is going greener and more private investment has been welcomed.
  
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• Wall St ends mixed as investors await debt ceiling talk

  23-05-2023 02:15 via businessnews.com.au
  
  US stocks closed aimlessly with investors still awaiting a debt ceiling decision.
  
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• Victorian budget death knell for state's native timber industry

  23-05-2023 02:06 via abc.net.au
  
  More than $200 million in funding will be provided by the Victorian government as it accelerates plans to phase out native timber logging.
  
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• Bottled water, blood tests offered at Aboriginal clinic after elevated copper levels detected in water

  23-05-2023 01:45 via abc.net.au
  
  Staff have been offered blood testing after tap water at an Aboriginal community clinic was found to have elevated levels of copper.
  
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