Analyst news

• Mike Cannon-Brookes says Sun Cable decision a 'big step in the right direction' for Australia, ASX suffers worst week in months — as it happened

  25-05-2023 23:38 via abc.net.au
  
  Billionaire Mike Cannon-Brookes has claimed control of the controversial Sun Cable solar export project in the Northern Territory, while NSW and Victoria enter a "retail recession" according to analysts. Look back on the day's financial news and events as they happened with our blog.
  
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• Live: US debt ceiling deal edges closer as deadline looms, Wall Street gains on tech stock rush, ASX to fall

  25-05-2023 23:38 via abc.net.au
  
  The US government appears closer to cutting a deal to raise its multi-trillion-dollar debt ceiling as a default looms, and Wall Street finishes higher after a rush on tech stocks. Follow live.
  
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• Live: NSW and Victoria in a 'retail recession' as spending falls flat, Humm told to stop signing new customers, ASX rises

  25-05-2023 23:38 via abc.net.au
  
  ASIC has ordered buy now, pay later provider Humm to stop signing new customers under an interim order, while NSW and Victoria enter a "retail recession" according to analysts. Follow live.
  
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• Live: Mike Cannon-Brookes says Sun Cable project decision 'a big step in the right direction' for Australia, ASX gains

  25-05-2023 23:38 via abc.net.au
  
  Billionaire Mike Cannon-Brookes has claimed control of the controversial Sun Cable solar export project in the Northern Territory, while NSW and Victoria enter a "retail recession" according to analysts. Follow live.
  
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• Live: Buy now, pay later provider Humm barred from signing new customers, US debt ceiling deal edges closer, ASX opens lower

  25-05-2023 23:38 via abc.net.au
  
  ASIC has ordered buy now, pay later provider Humm to stop signing new customers under an interim order, while a deal to increase the US debt ceiling edges closer. Follow live
  
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• Why price hikes are masking an energy divide that threatens to leave poor Australians behind

  25-05-2023 21:47 via abc.net.au
  
  Headline price increases of 25 per cent barely tell the story of struggling households at risk of falling behind in the energy transition.
  
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• Thousands of unidentified deep-sea species found in part of Pacific Ocean earmarked for mining

  25-05-2023 21:00 via abc.net.au
  
  Scientists calculate there are thousands of unidentified species living on the ocean floor between Hawaii and Mexico where deep-sea mining for critical minerals needed to build batteries is set to begin next year.
  
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• The 'sustainability paradox': Should this diverse sea floor environment be mined to make batteries?

  25-05-2023 21:00 via abc.net.au
  
  Scientists calculate there are thousands of unidentified species living on the ocean floor between Hawaii and Mexico where deep-sea mining for critical minerals needed to build batteries is set to begin next year.
  
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• Forged diaries tried to present a softer side to Hitler. In a bizarre turn of events, the media fell for it

  25-05-2023 21:00 via abc.net.au
  
  In 1983 German magazine Stern thought it had a major scoop. It turned out to be a major hoax, and revealed a disturbing willingness to fall for a revised history of Hitler. 
  
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• A forger tried to rewrite Hitler's history. Why did mainstream media fall for the hoax?

  25-05-2023 21:00 via abc.net.au
  
  In 1983 German magazine Stern thought it had a major scoop. It turned out to be a major hoax, and revealed a disturbing willingness to fall for a revised history of Hitler. 
  
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• Army's new infantry fighting vehicles could be built overseas to meet urgent strategic needs

  25-05-2023 20:55 via abc.net.au
  
  Lucrative construction work on new high-tech Army infantry fighting vehicles (IFVs) could be sent overseas under an option being considered by the Albanese government to acquire the lethal land capability more urgently.
  
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• Meet the Aussie making it big in the competitive world of K-pop

  25-05-2023 20:52 via abc.net.au
  
  Jake Sim knew becoming an artist in the notoriously competitive Korean music industry would be a hard slog. He now sits among a growing number of Australian-raised artists who have made it big.
  
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• Jake grew up watching BTS from his home in Queensland. He's now a rising star in the K-pop industry

  25-05-2023 20:52 via abc.net.au
  
  Jake Sim knew becoming an artist in the notoriously competitive Korean music industry would be a hard slog. He now sits among a growing number of Australian-raised artists who have made it big.
  
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• WA projects win accelerator funds

  25-05-2023 10:39 via businessnews.com.au
  
  Two Western Australia health projects are among 19 national recipients sharing $12 million in commercial acceleration funding from a CSIRO-backed fund.
  
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• At Close of Business May 25 2023

  25-05-2023 10:22 via businessnews.com.au
  
  Jack McGinn and senior editor Mark Beyer discuss the rapid rate of change in Perth's professional services industries over the past 30 years.
  
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• Regulation hindering energy progress: Woodside

  25-05-2023 09:31 via businessnews.com.au
  
  Woodside Energy chief executive Meg O’Neill has called for improvements to Australian regulatory processes at a business lunch in Perth today.
  
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• Bellevue, Zenith sign hybrid power deal

  25-05-2023 09:28 via businessnews.com.au
  
  Bellevue Gold has inked a deal to refine its gold with independent ABC Refinery alongside an agreement with Zenith Energy to build a hybrid power station at its namesake project in the Goldfields.
  
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• PwC tax scandal escalates

  25-05-2023 09:21 via businessnews.com.au
  
  PwC is under attack on multiple fronts with the federal government ordering consultants to stand down and tightening procurement rules after police launched a criminal probe.
  
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• Ponant offers some southern hospitality

  25-05-2023 09:07 via businessnews.com.au
  
  Whether Australia’s tropical north-west or the frozen Antarctic, Ponant has it covered.
  
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• Aust shares drop 1.1pct, close at eight-week low

  25-05-2023 09:03 via businessnews.com.au
  
  The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.
  
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• Augustus Minerals makes ASX debut

  25-05-2023 08:59 via businessnews.com.au
  
  Critical minerals hopeful Augustus Minerals has made its debut on the ASX after taping investors for $10 million through an initial public offering.
  
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• Power bills are so high Victorians can't afford to cook, welfare group says

  25-05-2023 08:17 via abc.net.au
  
  A social welfare organisation says by the end of the month it will have served 1,000 more meals than it did at this time last year, and that younger people and women are among those presenting for the first time.
  
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• Market moves, environment shifts

  25-05-2023 08:00 via businessnews.com.au
  
  Australia’s position as significant global wine producer is in the balance due to issues both under, and outside of, our control.
  
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• RLF AgTech secures $3m Vietnam contract

  25-05-2023 07:28 via businessnews.com.au
  
  Agriculture technology company RLF AgTech has struck a $3.3 million contract with another distributor in Vietnam, expanding its network in South-East Asia.
  
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• Freo sticks with market operator

  25-05-2023 05:36 via businessnews.com.au
  
  City of Fremantle council has shut down a possible shake up in the ownership of Fremantle Markets after another contender for the 20-year lease emerged.
  
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• Freo markets lease in question

  25-05-2023 05:36 via businessnews.com.au
  
  City of Fremantle council has shut down a possible shake up in the ownership of Fremantle Markets after another contender for the 20-year lease emerged.
  
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• PwC agrees to 'stand down' staff who knew about Treasury tax leak from government contracts

  25-05-2023 05:07 via abc.net.au
  
  Consulting firm PwC agrees to a government order to "stand down" any staff who knew about Treasury tax leaks from working on any existing or future government contracts.
  
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• Getting you to the ice faster

  25-05-2023 05:02 via businessnews.com.au
  
  Getting on board a Silversea cruise has never been easier.
  
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• 'There was a lot of opposition to it': Inside the Tina Turner gamble that created a sporting icon

  25-05-2023 04:03 via abc.net.au
  
  Tina Turner and rugby league was an association that, on the face of it, was as unlikely as they come. But it worked and changed Australian sport forever.
  
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• How an 'American grandmother' helped drop-kick rugby league into the modern era

  25-05-2023 04:03 via abc.net.au
  
  Tina Turner and rugby league was an association that, on the face of it, was as unlikely as they come. But it worked and changed Australian sport forever.
  
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• How 'American grandmother' Tina Turner helped drop-kick rugby league into the modern era

  25-05-2023 04:03 via abc.net.au
  
  Tina Turner and rugby league was an association that, on the face of it, was as unlikely as they come. But it worked and changed Australian sport forever.
  
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• Timber town workers 'in tears' as Victorian government deals final blow

  25-05-2023 03:28 via abc.net.au
  
  Victoria's decision to bring forward the end of native timber harvesting was meant to bring certainty, but it has not eased the pain in timber communities.
  
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• Giant letters to lure influencers? We can do better, Cairns says

  25-05-2023 02:56 via abc.net.au
  
  It has worked for Brisbane, Townsville and even Amsterdam, but a major Queensland tourist destination has rejected a suggestion it install a new piece of public art, saying its iconic sculptures are already better.
  
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• Minister slams BHP criticism of same job, same pay law

  25-05-2023 02:48 via businessnews.com.au
  
  Tony Burke says it's unbelievable mining giant BHP has already put a dollar figure on what same job, same pay laws would cost before the legislation is written.
  
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• ‘Carrots, not sticks’: Woodside praises US energy policy

  25-05-2023 02:27 via businessnews.com.au
  
  Woodside Energy chief executive Meg O’Neill has praised the United States’ lead on energy policy while flagging Woodside’s potential to fuel energy cooperation with Australia.
  
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• Professions in a world of change

  25-05-2023 02:00 via businessnews.com.au
  
  Leaders from some of Perth’s major professional services firms have seen big changes in their working lives over three decades.
  
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• Miner and SA government partner to guarantee jobs for regional students

  25-05-2023 01:38 via abc.net.au
  
  Guaranteed jobs for local youths at South Australia's upcoming copper and gold mine have been assured in an agreement between mine operator Rex Minerals and the state government.
  
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