Analyst news

• Paediatricians sound alarm over fracking-related health risks

  06-06-2023 23:45 via abc.net.au
  
  Forty-five medical specialists, supported by federal independent MP Monique Ryan, have outlined their concerns of both the direct and indirect health risks of fracking in a letter addressed to the NT Chief Minister.
  
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• Live: Your questions answered as economic growth stalls while RBA governor defends rate hike, ASX treads water

  06-06-2023 23:28 via abc.net.au
  
  Australia's economy is close to stall speed, with growth disappointing in the March quarter. RBA governor Philip Lowe defends the bank's decision to raise rates yesterday. Follow the day's events and send your questions to our business reporters on the ABC News live markets blog.
  
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• Live: RBA governor Philip Lowe defends rate rise, ASX makes gains

  06-06-2023 23:28 via abc.net.au
  
  RBA governor Philip Lowe says yesterday's interest rate rise was needed despite the pain it will cause households because inflation is too high.  Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: RBA boss speaks on why rates were raised, ASX set to open higher

  06-06-2023 23:28 via abc.net.au
  
  Investors are awaiting the latest economic growth figures in the wake of the Reserve Bank raising interest rates. Meanwhile, US stocks have increased. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Philip Lowe defends rate rise, ASX opens higher

  06-06-2023 23:28 via abc.net.au
  
  Investors are awaiting the latest economic growth figures in the wake of the Reserve Bank raising interest rates. Meanwhile, the ASX has opened higher. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: GDP figures in focus as ASX set to open higher, Wall Street rises

  06-06-2023 23:28 via abc.net.au
  
  Investors are awaiting the latest economic growth figures in the wake of the Reserve Bank raising interest rates. Meanwhile, US stocks have increased. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Economic growth stalls as RBA governor defends latest rate rise, but ASX makes gains

  06-06-2023 23:28 via abc.net.au
  
  Australia's economy is close to stall speed, with growth disappointing in the March quarter. RBA governor Philip Lowe defends the bank's decision to raise rates yesterday. Follow the day's events and send your questions to our business reporters on the ABC News live markets blog. 
  
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• Economic growth stalls as RBA governor Philip Lowe defends latest rate rise, and ASX ends lower — as it happened

  06-06-2023 23:28 via abc.net.au
  
  Australia's economy is close to stall speed, with growth disappointing in the March quarter. RBA governor Philip Lowe defends the bank's decision to raise rates yesterday.  The ASX reversed course and ended lower. 
  
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• Major copper mine's life extended to 2040 to meet demand from construction renewable energy and construction sectors

  06-06-2023 23:12 via abc.net.au
  
  Australian critical minerals will be more important than ever to fuel growing renewables demand amid dwindling supplies, according to Evolution Mining, which just extended its mine life 17 years.
  
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• Major copper mine extends life to 2040 as global renewables demand rises, supply issues loom

  06-06-2023 23:12 via abc.net.au
  
  Australian critical minerals will be more important than ever to fuel growing renewables demand amid dwindling supplies, according to Evolution Mining, which just extended its mine life 17 years.
  
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• Retail giants threatened with mandatory levy after new sustainability scheme attracts just six members

  06-06-2023 23:02 via abc.net.au
  
  Australia's biggest fashion retailers are being threatened with a mandatory levy on garment sales, after many big names failed to sign up to a new scheme to tackle the 200,000 tonnes of old clothes going into landfill each year. 
  
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• Just six Australian fashion giants sign up to a scheme to tackle their industry's waste problem

  06-06-2023 23:02 via abc.net.au
  
  Australia's biggest fashion retailers are being threatened with a mandatory levy on garment sales, after many big names failed to sign up to a new scheme to tackle the 200,000 tonnes of old clothes going into landfill each year. 
  
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• Fashion has a waste problem, and retailers in Australia are reluctant to sign up to a possible solution

  06-06-2023 23:02 via abc.net.au
  
  Australia's biggest fashion retailers are being threatened with a mandatory levy on garment sales, after many big names failed to sign up to a new scheme to tackle the 200,000 tonnes of old clothes going into landfill each year. 
  
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• A new scheme aims to make clothing more sustainable. Only six Australian brands have signed up

  06-06-2023 23:02 via abc.net.au
  
  Australia's biggest fashion retailers are being threatened with a mandatory levy on garment sales, after many big names failed to sign up to a new scheme to tackle the 200,000 tonnes of old clothes going into landfill each year. 
  
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• Canberra rape support centre says journalists contacted it for information on Brittany Higgins

  06-06-2023 22:43 via abc.net.au
  
  The Canberra Rape Crisis Centre has called out the Australian media for its reporting surrounding sexual assault and says journalists have been contacting it about Brittany Higgins.
  
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• Westpac launches new cards for visually impaired

  06-06-2023 21:34 via abc.net.au
  
  The bank launched the cards to help those who have vision impairments.
  
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• How these new bank cards could make the lives of vision-impaired people easier

  06-06-2023 21:34 via abc.net.au
  
  The bank launched the cards to help those who have vision impairments.
  
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• Same job, same pay: A matter of fairness or a 'dangerous' attack on business?

  06-06-2023 21:30 via abc.net.au
  
  A campaign has been launched to try and kill off the government's proposed "same job, same pay" changes. What do we know about what the government is looking to achieve? 
  
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• Mortgage borrowers have never done it tougher, while renters are back to where they were in 2019

  06-06-2023 20:25 via abc.net.au
  
  Research shows that mortgage borrowers are paying the highest share of their income on housing costs in at least four decades, but the current situation for renters is not historically unusual.
  
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• Building Indigenous opportunities

  06-06-2023 19:15 via businessnews.com.au
  
  Indigenous business leaders have shared their stories and set an agenda to achieve more progress in the fast-growing sector.
  
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• Gorgon Stage 2 commences production

  06-06-2023 11:46 via businessnews.com.au
  
  Chevron Australia has announced the production of first gas from the $5 billion Gorgon Stage 2 project, which involved the installation of 11 additional wells.
  
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• Dispute sends Aerison Group into administration

  06-06-2023 10:40 via businessnews.com.au
  
  ASX-listed Perth contractor Aerison Group has called in administrators just over a month after failing to settle a $47 million dispute with iron ore miner Roy Hill Holdings.
  
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• More international flights on the horizon

  06-06-2023 10:23 via businessnews.com.au
  
  International air services to Perth are set for a major ramp up with Cathay Pacific Airways increasing flights, and China Southern Airlines and Thai International set to return later this year.
  
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• Westgold moves on Musgrave takeover

  06-06-2023 10:20 via businessnews.com.au
  
  Westgold Resources has declared its intentions to make a $177 million scrip bid for gold junior Musgrave Minerals, with both companies occupying land in the busy Murchison gold province.
  
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• Whitehaven pushes for nine-year extension to coal mine David Pocock protested

  06-06-2023 10:05 via abc.net.au
  
  The mine where former Wallaby David Pocock chained himself to plant equipment when construction started nearly a decade ago wants to extend its operations.
  
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• Australian shares drop further after RBA hikes rates

  06-06-2023 10:01 via businessnews.com.au
  
  The local bourse has fallen 1.2 per cent, with every sector in the red except utilities after the Reserve Bank hiked interest rates once again.
  
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• At Close of Business June 6 2023

  06-06-2023 09:59 via businessnews.com.au
  
  Isabel Vieira and Jack McGinn discuss the growing movement to create greater corporate awareness around menopause in the workplace.
  
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• Singapore Airlines begins Perth lounge upgrades

  06-06-2023 09:54 via businessnews.com.au
  
  Singapore Airlines has begun work on a new SilverKris Lounge at Perth Airport which will be a significant improvement on the current lounge.
  
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• Two Rocks builder collapses

  06-06-2023 09:45 via businessnews.com.au
  
  Residential builder Pride Homes & Developments has entered liquidation after joining the list of collapsed construction companies hit by cost and labour pressures.
  
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• Franco family buys Bullsbrook land

  06-06-2023 09:00 via businessnews.com.au
  
  The 40-hectare property, purchased for $2.8 million, has the potential to be a large-scale industrial site.
  
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• Cook confirmed as premier, reshuffle to come

  06-06-2023 08:57 via businessnews.com.au
  
  Emerging as officially elected party leader alongside deputy Rita Saffioti, incoming premier Roger Cook has also confirmed Balcatta MP David Michael as a new cabinet minister.
  
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• Preparing to avoid conflict

  06-06-2023 08:00 via businessnews.com.au
  
  The federal budget delivered some good news for veterans and WA industry.
  
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• Property developer apologises, vows to fix 'design issues' in NSW south coast homes after residents complain of leaks

  06-06-2023 07:43 via abc.net.au
  
  Frasers Property Australia says 12 remedial teams are fixing "design issues" in some of the 3,500 homes being built in Shellharbour, but some residents are critical of the slow pace.
  
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• Invictus to raise $12.5m for exploration

  06-06-2023 07:32 via businessnews.com.au
  
  Oil and gas explorer Invictus Energy is set to raise $12.75 million to fund drilling activities at its project in Zimbabwe.
  
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• Convicted paedophile tells bankruptcy hearing cancer diagnosis prompted asset shed

  06-06-2023 07:24 via abc.net.au
  
  A court hears paedophile John Wayne Millwood transferred more than $800,000 to his former partner and daughter the same day he was sentenced for sexually abusing a person who is now in a legal fight to claim a $6 million compensation payout.
  
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• Rates rise smashes business owner already working two jobs

  06-06-2023 06:56 via abc.net.au
  
  Mia De Rauch says she has "no more time to give" as she runs a video production business and works hospitality shifts to keep up with increasing mortgage repayments and bills. 
  
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• Court lifts Ascent decision suppression

  06-06-2023 06:41 via businessnews.com.au
  
  The federal court has unveiled its judgment against Michael Dunjey that found his company Ascent having liabilities of $117 million and likely to have operated a Ponzi scheme.
  
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• How much extra could mortgage repayments be, now that the cash rate is 4.1 per cent?

  06-06-2023 06:40 via abc.net.au
  
  Tell us your loan size, term and interest rate, and our mortgage repayment calculator will work out how much extra you may have to pay on your loan. 
  
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• RBA lifts cash rate again

  06-06-2023 06:31 via businessnews.com.au
  
  The Reserve Bank of Australia has lifted the nation’s official cash rate to 4.1 per cent – a 25 basis point jump which takes it above four per cent for the first time since April 2012.
  
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• Working with menopause

  06-06-2023 06:30 via businessnews.com.au
  
  Menopause advocacy organisations want to destigmatise women’s health issues in the workplace.
  
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• 'The risk of a hard landing has grown today': Economists warn latest rate rise may go too far

  06-06-2023 06:30 via abc.net.au
  
  Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation.
  
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• Property analyst warns of 'panicky selling' as RBA pushes interest rates past breaking point

  06-06-2023 06:30 via abc.net.au
  
  Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation.
  
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• Cash rate surges past 4 per cent as RBA hikes again

  06-06-2023 06:30 via abc.net.au
  
  Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation.
  
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• Perenti lifts revenue guidance

  06-06-2023 05:25 via businessnews.com.au
  
  Mining services group Perenti has marginally increased its 2023 financial year revenue expectations and has shaved $40 million off its capital expenditure targets.
  
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• Unreliable access taxis 'compromise safety' of people with disabilities, advocate says

  06-06-2023 04:26 via abc.net.au
  
  A disability advocate's call for all Adelaide taxis to be made fully accessible is being considered by the SA government — but it says a solution will not be in next week's state budget.
  
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• Access taxi 'roulette' is leaving people with disabilities waiting for hours, advocate says

  06-06-2023 04:26 via abc.net.au
  
  A disability advocate's call for all Adelaide taxis to be made fully accessible is being considered by the SA government — but it says a solution will not be in next week's state budget.
  
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• Using data to drive better outcomes

  06-06-2023 04:11 via businessnews.com.au
  
  Big data and AI present an opportunity to crack the ESG code.
  
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• Austal entertains inbound US interest

  06-06-2023 04:09 via businessnews.com.au
  
  Austal says it is regularly involved in discussions with potential suitors in response to reports a hatful of US investment funds had approached the Henderson-based shipbuilder.
  
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• Pilot of plane that flew over Washington DC and crashed appeared slumped over, officials say

  06-06-2023 03:37 via abc.net.au
  
  US investigators trudge through rugged terrain to reach the site where a private plane slammed into a mountain, killing four people, after earlier flying over the nation's capital, prompting officials to scramble fighter jets. 
  
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• No signs of recovery among despondent consumers

  06-06-2023 02:48 via businessnews.com.au
  
  Consumer confidence has not budged from its weak position, although mortgage holders have regained some optimism ahead of the next cash rate decision.
  
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