Analyst news

• Fish and chip prices to rise with ban on major form of fishing, a fisheries scientist says

  08-06-2023 23:55 via abc.net.au
  
  There are fears fresh fish prices could "go through the roof" with a ban on gillnet fishing, paving the way for more imported seafood.
  
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• Live: Borrowers face home loan serviceability crunch, ASX follows Wall St tech rally

  08-06-2023 23:30 via abc.net.au
  
  Higher rates see borrowing capacity plummet for average home loan borrowers. ASX on the rise after Tesla, Amazon and Apple boost US trade. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: ASX to follow Wall St tech rally, eurozone dips into recession

  08-06-2023 23:30 via abc.net.au
  
  Tesla, Amazon and Apple boost US trade. Europe falls into a technical recession over the first three months of the year but another rate hike is expected. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: ASX follows Wall St tech rally, eurozone dips into recession

  08-06-2023 23:30 via abc.net.au
  
  Tesla, Amazon and Apple boost US trade. Europe falls into a technical recession over the first three months of the year but another rate hike is expected. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: 50 per cent chance of a recession says CBA, ASX follows Wall St tech rally

  08-06-2023 23:30 via abc.net.au
  
  CBA economists slash forecasts, put odds of a recession this year at 50:50. The ASX is on the rise. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• A 50 per cent chance of a recession says CBA, ASX ends higher — as it happened

  08-06-2023 23:30 via abc.net.au
  
  CBA economists slash forecasts, put odds of a recession this year at 50:50. The ASX rises. Here's how the day unfolded, with insights from our business reporters on the ABC News markets blog.
  
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• Ade hit rock bottom when he had a stroke, but now he helps others thrive in Australia's screen industry

  08-06-2023 23:04 via abc.net.au
  
  Looking behind the glitz and glamour of Australia's media and entertainment industry, a report finds people with disabilities face discrimination, poor access and and a pay gap, but things are improving.
  
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• Profits dominating inflation according to OECD research. But is it really that simple?

  08-06-2023 22:16 via abc.net.au
  
  Research from the OECD shows businesses are the big beneficiaries of inflation so far, but the tables may be starting to turn.
  
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• Cormann-led OECD concludes profits have made a major contribution to inflation

  08-06-2023 22:16 via abc.net.au
  
  Research from the OECD shows businesses are the big beneficiaries of inflation so far, but the tables may be starting to turn.
  
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• NASA has declared the US is in a new space race with China. How close is it?

  08-06-2023 21:14 via abc.net.au
  
  China has made giant leaps in space exploration and technology over the past year – and NASA is worried.
  
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• Sixty-six people earned an average of $14.5 million in 2020-21. None of them paid a cent in tax

  08-06-2023 21:03 via abc.net.au
  
  Sixty-six people earned more than $14 million in the 2020-21 financial year, but new data from the Australian Taxation Office shows they paid zero income tax.
  
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• Nathan suffered serious injuries at a police station — they charged him with assault

  08-06-2023 21:03 via abc.net.au
  
  Each year, dozens of people claim to have been injured by police, but only a handful of officers end up facing court for those alleged assaults. In South Australia, police have been accused of charging their alleged victims instead, to stop their allegations being properly investigated.
  
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• Alexander forgot his concession card on a train, a mistake which ended in his arrest and hospitalisation

  08-06-2023 21:03 via abc.net.au
  
  Each year, dozens of people claim to have been injured by police, but only a handful of officers end up facing court for those alleged assaults. In South Australia, police have been accused of charging their alleged victims instead, to stop their allegations being properly investigated.
  
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• 66 people earned an average of $14.5 million in 2020-21. None of them paid a cent in tax to the ATO

  08-06-2023 21:03 via abc.net.au
  
  Sixty-six people earned more than $14 million in the 2020-21 financial year, but new data from the Australian Taxation Office shows they paid zero income tax.
  
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• US religious broadcaster Pat Robertson dies aged 93

  08-06-2023 14:15 via abc.net.au
  
  Pat Robertson, a religious broadcaster who turned a tiny Virginia TV station into the global Christian Broadcasting Network, ran for president and helped make religion central to Republican Party politics in America, has died at 93.
  
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• US religious broadcaster and former presidential candidate Pat Robertson dies aged 93

  08-06-2023 14:15 via abc.net.au
  
  Pat Robertson, a religious broadcaster who turned a tiny Virginia TV station into the global Christian Broadcasting Network, ran for president and helped make religion central to Republican Party politics in America, has died at 93.
  
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• Social media platforms face complaints about 'misleading' crypto promotion

  08-06-2023 11:27 via abc.net.au
  
  The European Consumer Group alleges misleading promotion of crypto assets by advertisers and influencers could cause great harm to consumers.
  
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• At Close of Business June 8 2023

  08-06-2023 10:26 via businessnews.com.au
  
  Liv Declerck and Jack McGinn discuss a new Perth venue by the team at Sneakers & Jeans, and the scene for hospitality in the CBD.
  
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• Panel hands down The Market Herald orders

  08-06-2023 10:05 via businessnews.com.au
  
  A former director of Perth-based media firm The Market Herald has been ordered to hand over some of his shares to the corporate regulator and pay costs to the company’s former managing director.
  
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• Miner confirms staff underpayment

  08-06-2023 09:45 via businessnews.com.au
  
  Perth company Pilbara Minerals disclosed today it has already taken corrective action after discovering about 250 current and former staff were underpaid to the tune of $345,000.
  
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• Industrial rents spike

  08-06-2023 09:37 via businessnews.com.au
  
  Rents for prime industrial space in Perth have grown at their fastest rate in more than two decades, research shows.
  
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• Industrial rents grow rapidly

  08-06-2023 09:37 via businessnews.com.au
  
  Rents for prime industrial space in Perth have grown at their fastest rate in more than two decades, research shows.
  
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• Strike gains WA support for gas strategy

  08-06-2023 09:33 via businessnews.com.au
  
  The state government has backed Strike Energy’s gas acceleration strategy which involves progressing four domestic gas projects to commercial production by 2025.
  
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• Liquidators claim repayment from Marco’s ‘scheme’

  08-06-2023 09:30 via businessnews.com.au
  
  Liquidators of Chris Marco’s property are seeking repayment from several people and a company that they believed have received funds from the unregistered investment scheme.
  
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• US company buys Pizza Hut

  08-06-2023 09:18 via businessnews.com.au
  
  One of the best-known franchises in WA has come under new ownership after US-based Flynn Restaurant Group bought Pizza Hut Australia.
  
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• Aust shares drop as high rates weigh on property, tech

  08-06-2023 09:14 via businessnews.com.au
  
  The ASX200 has closed down 0.26 per cent following a surprise overnight rate hike from the Bank of Canada that emphasised how far rates might rise.
  
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• Curtin warns of merger’s cultural consequences

  08-06-2023 08:55 via businessnews.com.au
  
  Curtin University has highlighted cultural misalignment between Western Australia’s four public universities in its opposition of a mooted higher education merger in the state.
  
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• Perth home values tipped to grow

  08-06-2023 08:39 via businessnews.com.au
  
  The city could see continued house price growth throughout 2023, a new report has found.
  
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• Airline says 'no longer financially viable' to offer Bathurst service

  08-06-2023 08:34 via abc.net.au
  
  Bathurst Airport will soon be without a commercial airline offering flights there after FlyPelican announced it is pulling out in July.
  
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• Council announces big rate hike — with ratepayers invited to say what they can do without to save cash

  08-06-2023 08:10 via abc.net.au
  
  A council in Tasmania's south is increasing rates by 12 per cent next financial year to deal with rising debt levels. It's looking at asking residents which services they'd like see cut, to reduce their rate bill in future. 
  
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• Complexity key for Moss Wood cabernets

  08-06-2023 08:00 via businessnews.com.au
  
  It’s easy to be a fan of Moss Wood cabernets, and the 2020 only adds to the reputation.
  
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• Short ride, stunning scenery

  08-06-2023 07:58 via businessnews.com.au
  
  A trip on the world’s slowest express train is a must-do for train enthusiasts.
  
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• Margaret River wines win international awards

  08-06-2023 07:14 via businessnews.com.au
  
  Margaret River-based wine producers Evans & Tate, Domaine Naturaliste and House of Cards have been awarded the highest achievement at the Decanter World Wine Awards 2023.
  
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• Ramsay flags big Joondalup plans

  08-06-2023 06:55 via businessnews.com.au
  
  The head of Australia’s largest private hospital operator says a recently approved expansion is just the start of its envisioned growth for healthcare in Joondalup.
  
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• Qantas and Jetstar first airlines to fly domestically from Sydney's new $5.3b airport

  08-06-2023 06:55 via abc.net.au
  
  Qantas chief executive Alan Joyce says the new Western Sydney Airport will be the most technologically advanced and efficient in Australia when it opens in late 2026.
  
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• The fast and the luxurious

  08-06-2023 06:47 via businessnews.com.au
  
  Refined luxury, stunning speed, or alpine views, train travel offers a complete experience.
  
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• Anthony Albanese says he's optimistic about the economy, as interest rates bite and recession warnings grow

  08-06-2023 06:32 via abc.net.au
  
  As economists warn the prospect of keeping the economy on "an even keel" has further diminised, Prime Minister Anthony Albanese says he is optimistic the economy can ride out inflation.
  
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• Rex Airlines skips scheduled stop mid-flight, leaving passengers stranded

  08-06-2023 06:02 via abc.net.au
  
  Those onboard a delayed Rex Airlines flight intending to travel from Perth to Monkey Mia were told mid-flight the plane wouldn't be stopping and they would need to find their own way to their destination.
  
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• Avita gains key US approval

  08-06-2023 06:01 via businessnews.com.au
  
  The medtech company jointly established by Perth burns surgeon Fiona Wood has achieved a landmark regulatory approval in the US for its spray-on skin technology.
  
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• Cook sworn in as 31st WA Premier

  08-06-2023 05:27 via businessnews.com.au
  
  In his first speech as the 31st Premier of Western Australia, Roger Cook took the time to praise his predecessor and affirm his commitment to the state.
  
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• Landlords should be forced to put solar panels on tenants roofs: rental advocates

  08-06-2023 04:42 via abc.net.au
  
  Rental advocates call for mandates requiring landlords to install solar panels on tenants' roofs amid warnings renters are missing out on the benefits of green energy.
  
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• Calls to force landlords to install solar panels on tenants' roofs

  08-06-2023 04:42 via abc.net.au
  
  Rental advocates call for mandates requiring landlords to install solar panels on tenants' roofs amid warnings renters are missing out on the benefits of green energy.
  
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• Why this company is making gelato out of cauliflower and pumpkin

  08-06-2023 04:30 via abc.net.au
  
  Each scoop of pumpkin or cauliflower ice-cream has half a serve of vegetables and the same nutritional value of cooked vegetables. And as a bonus, is also a way to tackle Australia's growing food waste problem.
  
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• What if you could eat a serve of veggies in an ice-cream?

  08-06-2023 04:30 via abc.net.au
  
  Each scoop of pumpkin or cauliflower ice-cream has half a serve of vegetables and the same nutritional value of cooked vegetables. And as a bonus, is also a way to tackle Australia's growing food waste problem.
  
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• FMG signs Nyamal contract

  08-06-2023 03:57 via businessnews.com.au
  
  Fortescue Metals group has signed an $18 million agreement with the Nyamal people to provide mining equipment for its Iron Bridge magnetite project.
  
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• Retail recession hits and services could be next

  08-06-2023 02:28 via businessnews.com.au
  
  Australia has recorded two consecutive quarters of declining retail turnover in real terms but the migration boom is expected to underpin a recovery.
  
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• Sneakers & Jeans offers vibrant new fit

  08-06-2023 02:00 via businessnews.com.au
  
  Established inner-city hospitality provider Andy Freeman discusses the state of the sector.
  
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• Gigantic wind farm blades on 350-kilometre journey across WA's South West

  08-06-2023 01:35 via abc.net.au
  
  Drivers are warned to expect delays as hundreds of wind turbine parts are carefully transported to a renewable energy project south of Kojonup.
  
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• Westpac fielding more mortgage hardship calls as rate hikes hit, property sector slides as ASX loses ground

  08-06-2023 00:39 via abc.net.au
  
  Westpac says it's receiving more hardship calls from mortgage borrowers as rate hikes continue, while the ASX lost ground as economists weighed a possible recession in Australia.
  
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• Live: Westpac fielding more mortgage hardship calls as rate hikes hit, property sector slides on the ASX

  08-06-2023 00:39 via abc.net.au
  
  Westpac says it's receiving more hardship calls from mortgage borrowers as rate hikes continue, while the ASX loses ground as economists weigh a possible recession in Australia. Follow live.
  
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