Analyst news

• Live: Wall Street rallies as investors hope US central bank will pause rate hikes, ASX set to rise

  12-06-2023 23:29 via abc.net.au
  
  The S&P 500 and the Nasdaq jump to a 13-month high, boosted by tech stocks. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Home prices rise but consumers think it's a bad time to buy a house, ASX reverses course

  12-06-2023 23:29 via abc.net.au
  
  The value of Australian homes rebounds to $9.9 trillion, but higher interest rates means consumers are more wary of getting into the property market. And the ASX turns higher after US stocks reach a 13-month high. 
  
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• Live: CBA says spending higher in May but rate hikes set to bite, ASX falls on commodity prices

  12-06-2023 23:29 via abc.net.au
  
  Commonwealth Bank data shows consumers spent more on health and fitness last month, but it expects further interest rate rises to dampen demand. The ASX is weaker despite 13-month high on Wall Street. 
  
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• Home prices rise but consumers think it's a bad time to buy a house, ASX ends higher on Fed pause hopes — as it happened

  12-06-2023 23:29 via abc.net.au
  
  The value of Australian homes rebounds to $9.9 trillion, but higher interest rates means consumers are more wary of getting into the property market. And the ASX turns higher after China cuts a short term interest rate, and on hopes the Fed will pause rate hikes. 
  
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• NSW government slammed by councils for 'secret' housing rezoning process

  12-06-2023 23:15 via abc.net.au
  
  The state government faces pressure to abandon a pilot program that allows developers to bypass councils to nominate major housing projects.
  
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• NSW councils condemn 'secret' housing rezoning process for major developments

  12-06-2023 23:15 via abc.net.au
  
  The state government faces pressure to abandon a pilot program that allows developers to bypass councils to nominate major housing projects.
  
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• Jeffrey Epstein victims reach $430 million settlement with JPMorgan Chase bank

  12-06-2023 22:59 via abc.net.au
  
  JPMorgan Chase has agreed to pay about $430 million to settle a lawsuit by Jeffrey Epstein's victims who had accused the bank of being the financial conduit that allowed him to continue operating a sex trafficking operation.
  
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• Sick of having lamb prices dictated to him by supermarkets, this farmer went direct to the customer

  12-06-2023 22:27 via abc.net.au
  
  Farmer Colin Harper was fed up with being a price taker — and not a price maker — when it came to selling his lambs. To solve the problem, the Riverina farmer decided to step away from the saleyards.
  
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• Melinda was sent a pair of $2 sunnies by scammers. But she ordered boots — and paid $200 for them

  12-06-2023 22:01 via abc.net.au
  
  Fraudulent sites are mimicking real brands, going as far as stealing logos and brand design. Melinda did the checks but they weren't enough — so here are the signs to look out for.
  
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• Melinda ordered $200 boots online. What arrived were $2 sunnies

  12-06-2023 22:01 via abc.net.au
  
  Fraudulent sites are mimicking real brands, going as far as stealing logos and brand design. Melinda did the checks but they weren't enough — so here are the signs to look out for.
  
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• Instead of $200 boots, Melinda was sent $2 sunnies. Then came the emails

  12-06-2023 22:01 via abc.net.au
  
  Fraudulent sites are mimicking real brands, going as far as stealing logos and brand design. Melinda did the checks but they weren't enough — so here are the signs to look out for.
  
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• Fake websites are getting slicker and mimicking real brands. Melinda fell for one and wants others to know the signs

  12-06-2023 22:01 via abc.net.au
  
  Fraudulent sites are mimicking real brands, going as far as stealing logos and brand design. Melinda did the checks but they weren't enough — so here are the signs to look out for.
  
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• South African miner adds to green portfolio with New Century tailings project acquisition

  12-06-2023 21:55 via abc.net.au
  
  Sibayne Stillwater sets up shop in Australia citing a "robust and high-quality mining industry" and strong opportunities as it shifts to green energy.
  
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• Global South African miner buys outback Queensland mine

  12-06-2023 21:55 via abc.net.au
  
  Sibayne Stillwater sets up shop in Australia citing a "robust and high-quality mining industry" and strong opportunities as it shifts to green energy.
  
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• 'Lazy thinking': Why generational stereotypes do harm in the workplace

  12-06-2023 21:00 via abc.net.au
  
  Generational stereotypes can sound convincing, but in the workplace they can become a pervasive form of ageism.
  
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• Entitled, cynical or narcissistic: The generational stereotypes causing harm at work

  12-06-2023 21:00 via abc.net.au
  
  Generational stereotypes can sound convincing, but in the workplace they can become a pervasive form of ageism.
  
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• MinRes reports fatality at Onslow Iron

  12-06-2023 15:57 via businessnews.com.au
  
  Operations at Mineral Resources' Onslow Iron project have been suspended following the death of a worker at the site on Monday afternoon.
  
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• At Close of Business June 12 2023

  12-06-2023 10:42 via businessnews.com.au
  
  Claire Tyrrell and Jack McGinn discuss all the winners from the WA Architecture Awards.
  
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• $400m cost creep for Ashburton Salt

  12-06-2023 10:40 via businessnews.com.au
  
  Costs at global salt producer K+S Group’s Ashburton project near Onslow have blown out by more than $400 million following revised costs and inflationary pressures.
  
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• No plans to delay new Cultural Heritage laws

  12-06-2023 10:36 via businessnews.com.au
  
  The state government will push ahead with plans to implement the Aboriginal Cultural Heritage Act from July 1, with or without a key pillar of the reform’s proposed permitting structure.
  
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• Asia shares near month high ahead of bank meetings

  12-06-2023 10:19 via businessnews.com.au
  
  Global markets are eagerly awaiting what the US central bank decides to do on rates when it meets this week, with some economists predicting a rise.
  
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• Interim IGO boss due for pay rise

  12-06-2023 09:38 via businessnews.com.au
  
  IGO acting chief executive Matt Dusci will receive a tidy $400,000-plus pay bump for leading the miner on an interim basis, with his permanent replacement due to be named soon.
  
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• Rio, Baowu to work on low-carbon projects

  12-06-2023 09:30 via businessnews.com.au
  
  Rio Tinto has struck an agreement with the world’s biggest steelmaker China Baowu to collaborate on projects aimed to reduce carbon emissions in the industry.
  
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• Barnett headlines King's honours list

  12-06-2023 08:25 via businessnews.com.au
  
  Former premier Colin Barnett, esteemed scientists Carol Brower and David Blacker and mining executive Phillip Crabb are among the 112 West Australians recognised in the King’s Birthday Honours List for 2023.
  
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• How are you coping in tough times as a business owner? Tell us

  12-06-2023 08:06 via abc.net.au
  
  Desperate times calls for desperate measures, we want to know what you're doing as a business owner to survive in this economy.
  
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• Are you a struggling business owner? Tell us your story

  12-06-2023 08:06 via abc.net.au
  
  Desperate times calls for desperate measures, we want to know what you're doing as a business owner to survive in this economy.
  
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• Output built on war and weather

  12-06-2023 08:00 via businessnews.com.au
  
  Given the influence of sources beyond farmers’ control, care is needed when taking credit for increases in the industry’s value.
  
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• 'You have 3 days': Russian criminals threaten Australian bond broker on dark web after hacking IT systems

  12-06-2023 06:31 via abc.net.au
  
  The newest victims of a notorious Russian ransomware gang say they have been terrified by the latest cyber attack on an Australian bond broker that has billions of dollars under advice.
  
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• 'You have 3 days': Russian criminals post screenshots of passports to dark web after bond broker data breach

  12-06-2023 06:31 via abc.net.au
  
  The newest victims of a notorious Russian ransomware gang say they have been terrified by the latest cyber attack on an Australian bond broker that has billions of dollars under advice.
  
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• Debt piles in loan index rise

  12-06-2023 06:00 via businessnews.com.au
  
  The indexation rate for student loans has hit its highest level in decades.
  
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• ARTS REVIEW: WAAPA’s rising stars put best feet forward

  12-06-2023 05:34 via businessnews.com.au
  
  In a production worthy of the big stage, WAAPA’s cast and crew make all the right moves. Julie Hosking prepares to cut loose – Footloose.
  
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• 'We are throwing everything at this': Palaszczuk reveals new details of $320m housing package

  12-06-2023 04:02 via abc.net.au
  
  Queensland Premier Annastacia Palaszczuk says her government will pull "every leaver possible" to ensure Queenslanders had a roof over their heads, committing millions in the latest state budget.
  
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• Wall Street ends a tad higher as Tesla rallies

  12-06-2023 03:36 via businessnews.com.au
  
  US stocks have closed higher as investors wait for inflation data and a decision from the country's central bank.
  
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• Sustainability a design standout

  12-06-2023 02:00 via businessnews.com.au
  
  Attention to environmental impact was a theme across several of the winners of this year’s Architecture Awards.
  
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