Analyst news

• Live: Tesla shares soar as Elon Musk visits China, Wall Street mixed on US debt ceiling jitters

  30-05-2023 23:28 via abc.net.au
  
  Tesla boss Elon Musk meets China's Foreign Minister Qin Gang in Beijing. US stocks finish mixed as investors worry that the bill to lift the US government's borrowing limit won't get through Congress. 
  
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• Live: RBA governor Philip Lowe to face Senate estimates grilling, Tesla shares soar as Elon Musk visits China

  30-05-2023 23:28 via abc.net.au
  
  RBA boss Philip Lowe will face a Senate estimates hearing before inflation figures are released, Tesla boss Elon Musk meets China's foreign minister in Beijing, and US investors remain cautious over the debt ceiling bill. Follow live.
  
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• Live: RBA governor Philip Lowe faces Senate estimates grilling on interest rates, inflation

  30-05-2023 23:28 via abc.net.au
  
  RBA boss Philip Lowe is facing a Senate estimates hearing before inflation figures are released, Tesla boss Elon Musk meets China's foreign minister in Beijing, and US investors remain cautious over the debt ceiling bill. Follow live.
  
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• Live: Inflation up 6.8pc over 12 months as cost of living rises faster than economists expected

  30-05-2023 23:28 via abc.net.au
  
  Annual inflation has risen to 6.8 per cent over the year to April, in a result worse than economists had predicted. It comes after RBA boss Phillip Lowe faced a grilling at Senate estimates. Follow live.
  
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• Live: Inflation rises to 6.8pc as Philip Lowe says RBA's interest rate hikes are working

  30-05-2023 23:28 via abc.net.au
  
  Annual inflation has risen to 6.8 per cent over the year to April, in a result worse than economists had predicted. It comes after RBA boss Phillip Lowe faced a grilling at Senate estimates. Follow live.
  
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• ASX tumbles as China slows and inflation rises to 6.8pc, Philip Lowe says interest rate hikes are working — as it happened

  30-05-2023 23:28 via abc.net.au
  
  The Australian share market falls to a two-month low after China's manufacturing industry contracts and hotter- than-expected inflation raises the chances of a RBA rate increase next month. And RBA governor Philip Lowe faces a grilling at Senate Estimates.
  
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• Push to boost electric vehicle infrastructure along Australia's 'Outback Way'

  30-05-2023 23:03 via abc.net.au
  
  With the route from Laverton to Winton set to be sealed by the end of the decade, advocates are pushing for expanded EV infrastructure along with it.
  
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• Push to boost electric vehicle infrastructure along Australia's 'Outback Highway'

  30-05-2023 23:03 via abc.net.au
  
  With the route from Laverton to Winton set to be sealed by the end of the decade, advocates are pushing for expanded EV infrastructure along with it.
  
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• 'Daunting shortage' of skilled workers looms over giant, renewable energy projects

  30-05-2023 22:50 via abc.net.au
  
  Outback Queensland is home to the largest potential wind zone in the country, but a lack of infrastructure and a shortage of skilled workers are major roadblocks in reaching national renewable energy targets.
  
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• Milk price drop a 'slap across the head' for dairy farmers

  30-05-2023 22:33 via abc.net.au
  
  After surviving drought, floods and the dollar-a-litre years, dairy farmers say they have been blindsided by a drop in farm gate prices just when things were finally looking up. 
  
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• 'We're in for a massive hit to consumers': How interest rate rises are hurting some more than others

  30-05-2023 21:35 via abc.net.au
  
  Economists are divided on how well households will weather the storm of rent rises, soaring home loan rates and rising prices, just as Australians are divided in how much financial pressure they're under.
  
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• 'I don't think that's sustainable for the economy': How the RBA might drag Australia into recession

  30-05-2023 21:35 via abc.net.au
  
  Economists are divided on how well households will weather the storm of rent rises, soaring home loan rates and rising prices, just as Australians are divided in how much financial pressure they're under.
  
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• Student debts will increase tomorrow. Here's how it will impact people over their lifetimes

  30-05-2023 20:57 via abc.net.au
  
  For the past decade, student debts have increased by about 2 per cent a year on average, but tomorrow they will rise by a massive 7.1 per cent. The consequences of increased debt will affect graduates for decades.
  
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• Indexation of student debts to have lifelong impacts on Australians' borrowing capacity

  30-05-2023 20:57 via abc.net.au
  
  For the past decade, student debts have increased by about 2 per cent a year on average, but tomorrow they will rise by a massive 7.1 per cent. The consequences of increased debt will affect graduates for decades.
  
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• Lack of detail stopped federal police initially investigating PwC breach

  30-05-2023 13:28 via abc.net.au
  
  The Australian Taxation Office raised concerns about a confidentiality breach at PwC to Australian Federal Police in March 2018, but a lack of detail meant no investigation was launched.
  
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• At Close of Business May 30 2023

  30-05-2023 10:44 via businessnews.com.au
  
  Jack McGinn and Mark Beyer discuss the economic challenges and opportunities faced by those doing business in WA’s north west region over the years.
  
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• Greatland Gold teams up with Rio Tinto

  30-05-2023 10:15 via businessnews.com.au
  
  Greatland Gold will partner with Rio Tinto to broaden exploration efforts close to its Havieron flagship while locking in support for a $220 million debt commitment ahead of studies at the project.
  
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• WesCEF progresses five major projects despite cost pressues

  30-05-2023 10:13 via businessnews.com.au
  
  Wesfarmers has detailed its pipeline of five major projects under its chemicals, energy and fertilisers division in a report released today.
  
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• Cook set to lead WA

  30-05-2023 10:12 via businessnews.com.au
  
  UPDATED: Roger Cook is poised to become Western Australia’s next premier with Rita Saffioti as deputy premier after Amber-Jade Sanderson withdrew from the leadership race.
  
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• Aust share market edges lower in quiet trading

  30-05-2023 09:46 via businessnews.com.au
  
  Shares on the ASX have finished down 0.1 per cent, with small gains for the major miners and mostly modest losses for the big banks.
  
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• Crown agrees to $450m penalty

  30-05-2023 09:33 via businessnews.com.au
  
  Crown Resorts could be in for a $450 million fine as part of an agreed penalty for anti-money laundering and counter-terrorism breaches across its Perth and Melbourne operations.
  
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• Survivors strategise for success

  30-05-2023 08:38 via businessnews.com.au
  
  Businesses often need to break the mould to survive.
  
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• Sports teams doing the business

  30-05-2023 08:32 via businessnews.com.au
  
  Much has changed on the state’s playing fields and courts over the past 30 years, but success comes in many forms and WA teams still deliver.
  
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• AVL secures federal grant for vanadium project

  30-05-2023 08:25 via businessnews.com.au
  
  Australian Vanadium and the federal government has struck a deal for up to $49 million of funding to progress the vanadium battery industry project in the state’s Mid-West region.
  
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• Charges laid against company over WA's Horizontal Falls boat crash that injured dozens of tourists

  30-05-2023 07:35 via abc.net.au
  
  The Office of Commonwealth Public Prosecution has laid charges against a Kimberley company and master over a serious boat crash that injured dozens of tourists at the Horizontal Falls last year.
  
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• Another WA builder collapses

  30-05-2023 06:18 via businessnews.com.au
  
  The Slatter Group WA is the latest builder to collapse after appointing Ernst and Young to liquidate the 20-year old residential construction company.
  
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• Bruce Lehrmann settles defamation action against News Life Media

  30-05-2023 06:16 via abc.net.au
  
  The Federal Court reveals the defamation action of former Liberal staffer Bruce Lehrmann against the News Corp media organisation has ended.
  
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• Bruce Lehrmann discontinues defamation action against News Life Media

  30-05-2023 06:16 via abc.net.au
  
  The Federal Court reveals the defamation action of former Liberal staffer Bruce Lehrmann against the News Corp media organisation has ended.
  
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• Wholesale power prices expected to rise with Queensland power station repair delay

  30-05-2023 06:06 via abc.net.au
  
  A fire at Callide Power Station, near Biloela, in May 2021 triggered mass blackouts across the state. 
  
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• Queensland coal-fired power station repair delay expected to push up energy prices

  30-05-2023 06:06 via abc.net.au
  
  A fire at Callide Power Station, near Biloela, in May 2021 triggered mass blackouts across the state. 
  
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• Loved and loathed, McGowan leaves a complex legacy in WA's regions

  30-05-2023 06:03 via abc.net.au
  
  Mark McGowan took Labor to unprecedented highs in the state's region, but many of the decisions that define his legacy hit residents hard. 
  
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• Sanderson tipped as next Labor leader

  30-05-2023 05:45 via businessnews.com.au
  
  Amber-Jade Sanderson has won strong backing from Labor’s left faction, almost guaranteeing she will become Western Australia’s next premier.
  
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• Crown Resorts fined $450 million over money laundering breaches

  30-05-2023 05:07 via abc.net.au
  
  Crown Resorts and government financial intelligence agency AUSTRAC agree to a $450 million penalty over historical non-compliance with Australia's anti-money laundering laws.
  
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• Crown hit with third-largest fine in Australian corporate history over money laundering breaches

  30-05-2023 05:07 via abc.net.au
  
  Crown Resorts and government financial intelligence agency AUSTRAC agree to a $450 million penalty over historical non-compliance with Australia's anti-money laundering laws.
  
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• Metronet stations ‘not yet viable’ for housing

  30-05-2023 05:02 via businessnews.com.au
  
  A Property Council study into transit-oriented housing has identified Bayswater as the only Metronet station ripe for development, with an emphasis on high value areas.
  
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• Metronet stations ‘not yet viable’ for density

  30-05-2023 05:02 via businessnews.com.au
  
  A Property Council study into transit-oriented housing has identified Bayswater as the only Metronet station ripe for development, with an emphasis on high value areas.
  
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• Gold mine given final notice to fix dust emissions after heavy metals found in neighbours' water and blood

  30-05-2023 04:29 via abc.net.au
  
  High levels of metals like lead, nickel and selenium were found in the blood and water of residents living near a NSW mine, prompting a deadline to reduce pollution. 
  
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• 'Harrowing' footage shows near misses between pedestrians and trains across Adelaide

  30-05-2023 04:11 via abc.net.au
  
  Footage of pedestrians engaging in risky behaviour around trains has been released by the state government in a bid to reduce the number of collisions.
  
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• 'Clearly disturbing': Treasury referred PwC to police after emails exposed by Senate

  30-05-2023 03:48 via abc.net.au
  
  Treasury boss Steven Kennedy says he was able to refer PwC to police for investigation thanks to a push by senators to expose the depth of the firm's tax leak scandal.
  
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• Critical day ahead in WA leadership race

  30-05-2023 03:46 via businessnews.com.au
  
  Less than 24 hours have passed since the shock resignation of the state’s Premier Mark McGowan, but attentions are already focused who will lead the party into the 2025 state election.
  
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• Gold Corp boss quits for Perth Airport role

  30-05-2023 03:17 via businessnews.com.au
  
  Jason Waters has resigned from the helm of the embattled Perth Mint to become chief executive officer of Perth Airport.
  
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• Contentious power plan's new route needed to 'keep the lights on', council says

  30-05-2023 03:09 via abc.net.au
  
  Farmers claim they found out via social media that new powerlines could be built across their properties, as a regional Victorian council supports the state government's latest plan.
  
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• Treasury boss coy on future direction of PwC action

  30-05-2023 02:52 via businessnews.com.au
  
  The head of Treasury has told a Senate estimates hearing he cannot comment in detail on action being taken against PwC because it may impact on a police probe.
  
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• Australia's first plastic credits scheme targets banana industry waste

  30-05-2023 00:09 via abc.net.au
  
  The banana industry has welcomed a scheme that sees farmers earn credits for responsible waste disposal.
  
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