Analyst news

• Global grain giants Bunge and Viterra agree to $34 billion merger

  13-06-2023 23:48 via abc.net.au
  
  Two agribusiness conglomerates, Bunge and Viterra, have agreed to merge — a decision that's likely to prompt close scrutiny from Australia's competition watchdog.
  
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• US interest rate pause expected as inflation slows, ASX gains — as it happened

  13-06-2023 23:18 via abc.net.au
  
  Investor optimism that the US Federal Reserve will keep rates on hold this week drives stocks higher. Follow how the day's trade unfolded, plus insights from our business reporters, on the ABC News markets blog.
  
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• Live: US interest rate pause expected as inflation slows, ASX gains

  13-06-2023 23:18 via abc.net.au
  
  Investor optimism that the US Federal Reserve will keep rates on hold this week drives stocks higher. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: US interest rate pause expected as inflation slows, ASX eyes gains

  13-06-2023 23:18 via abc.net.au
  
  Investor optimism that the Federal Reserve will keep rates on hold this week drives stocks higher. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• This tourist from the Netherlands is paying $160 to sleep in the same room as two strangers in regional Victoria

  13-06-2023 23:15 via abc.net.au
  
  An orange picker says he only learnt of Australia's rental crisis after arriving in the Victorian town of Mildura. It comes as a landlord reluctanctly hikes rents to cover his increasing mortgage. 
  
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• Millions more spent to keep ageing Griffin coal mine running, WA government reveals

  13-06-2023 23:15 via abc.net.au
  
  The WA government spends millions of dollars more than it expected to keep a failing foreign-owned coal mine in the state's south-west running.
  
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• Housing crisis laid bare as renter forks out $160 a week to share a room with two strangers

  13-06-2023 23:15 via abc.net.au
  
  An orange picker says he only learnt of Australia's rental crisis after arriving in the Victorian town of Mildura. It comes as a landlord reluctanctly hikes rents to cover his increasing mortgage. 
  
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• 'An embarrassment': WA government slammed for spending millions to keep foreign-owned coal mine running

  13-06-2023 23:15 via abc.net.au
  
  The WA government has spent millions of dollars more than it expected to prop up the failing foreign-owned Griffin coal mine in the state's south-west, with the total bill now exceeding $23 million.
  
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• Mikayla gave up therapy to make ends meet, and she's not the only young person making tough choices

  13-06-2023 22:41 via abc.net.au
  
  As the cost of living soars, students are choosing to go without things like mental health care to get by, as a Canberra food pantry reports a 70 per cent increase in demand in 12 months.
  
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• Eggs are getting pricey and hard to find — here's why

  13-06-2023 22:40 via abc.net.au
  
  Hard boiled with soldiers, poached, fried, or scrambled, whichever way you have your eggs, you'll be paying more for the privilege.
  
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• What relief is there for Queenslanders from the cost of living crunch?

  13-06-2023 22:11 via abc.net.au
  
  The state government says its power bill rebates will "fully offset" energy price increases for the typical Queensland household.
  
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• Power prices are soaring but 'help is on the way' for Queenslanders

  13-06-2023 22:11 via abc.net.au
  
  The state government says its power bill rebates will "fully offset" energy price increases for the typical Queensland household.
  
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• 'Pay as you throw:' What Australia could learn from some of the world's best recyclers

  13-06-2023 21:00 via abc.net.au
  
  Australia has a long way to go to becoming one of the world's great recycling nations. Here's what we could learn from other countries.
  
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• Elisabetta says ANZ failed to verify her home loan application, she's taking it to court

  13-06-2023 20:58 via abc.net.au
  
  Elisabetta Di Nardo has been battling with ANZ for almost two years for lending her money she says was based on inaccurate information provided without her knowledge.
  
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• Elisabetta says ANZ failed to verify her home loan application, now she's taking legal action

  13-06-2023 20:58 via abc.net.au
  
  Elisabetta Di Nardo has been battling with ANZ for almost two years for lending her money she says was based on inaccurate information provided without her knowledge.
  
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• Elisabetta Di Nardo wants to expose ANZ bank for failing to verify her home loan application

  13-06-2023 20:58 via abc.net.au
  
  Elisabetta Di Nardo has been battling with ANZ for almost two years for loaning her money she says was based on inaccurate information provided without her knowledge.
  
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• Wage inflation hits double digits … for chief executives

  13-06-2023 16:01 via abc.net.au
  
  While a 5.75 per cent increase in award wages attracts widespread criticism, a new report reveals the nation's big business leaders are receiving an average 15 per cent base pay rise.
  
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• How much does your big boss get paid? These figures might give you a fair idea

  13-06-2023 16:01 via abc.net.au
  
  While a 5.75 per cent increase in award wages attracts widespread criticism, a new report reveals the nation's big business leaders are receiving an average 15 per cent base pay rise. 
  
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• Scrap of clothing in mine shaft prompts fresh search eight years after prospector's body found

  13-06-2023 15:12 via abc.net.au
  
  A scrap of clothing found by a member of the public has prompted police to re-examine a mine shaft where the body of amateur prospector Ray Kehlet— whose wife remains missing — was found eight years ago.
  
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• Scrap of clothing in mine shaft prompts fresh search eight years after body found

  13-06-2023 15:12 via abc.net.au
  
  A scrap of clothing found by a member of the public is believed to have prompted police to re-examine a mine shaft where the body of an amateur prospector — whose wife remains missing — was found eight years ago.
  
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• Police scour mine shaft where gold prospector is believed to have been killed eight years ago

  13-06-2023 15:12 via abc.net.au
  
  A scrap of clothing found by a member of the public is believed to have prompted police to re-examine a mine shaft where the body of an amateur prospector — whose wife remains missing — was found eight years ago.
  
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• Attorney-general 'deeply concerned' as police investigate possible leaking of Bruce Lehrmann trial documents

  13-06-2023 11:09 via abc.net.au
  
  Lawyers for Network Ten refer the leak of a five-hour pre-interview involving Lisa Wilkinson and Brittany Higgins, which appeared in multiple Australian media outlets this week, to the federal police.
  
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• At Close of Business June 13 2023

  13-06-2023 10:19 via businessnews.com.au
  
  Claire Tyrrell and Jack McGinn discuss the career journey of John Mitchell, as Universal Constructions celebrates 70 years in business.
  Plus: Collie coal costs; workplace fatality charges, and iron ore wagon boost. 
  
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• Cafe owner concerned power price hikes could force coffee cost to $10 a cup

  13-06-2023 10:16 via abc.net.au
  
  The hospitality and agricultural industries in regional Queensland are bracing for impact with electricity bills expected to surge by nearly 30 per cent next month. 
  
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• Money migration a missed opportunity

  13-06-2023 10:15 via businessnews.com.au
  
  Privatisation of state-owned entities remains a vexed issue in WA.
  
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• Lycopodium wins $55m study with Barrick

  13-06-2023 09:48 via businessnews.com.au
  
  Engineering services company Lycopodium has secured a $55 million deal for the study and scope of Barrick Gold Corporation’s Reko Diq copper-gold project.
  
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• Griffin Coal subsidy increases

  13-06-2023 09:33 via businessnews.com.au
  
  The cost of propping up the embattled Ewington coal mine in Collie has gone beyond the $19.5 million initially set aside by the state government to support it.
  
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• Griffin Coal costs increase

  13-06-2023 09:33 via businessnews.com.au
  
  The government-footed cost of propping up the embattled Ewington coal mine in Collie has gone beyond the $19.5 million initially set aside to support it.
  
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• Manager fined $60k over teen death

  13-06-2023 09:32 via businessnews.com.au
  
  A high-profile workplace fatality that spurred the introduction of industrial manslaughter laws in WA has reached its conclusion in the Magistrates Court six years after the tragic event.
  
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• MACA notches $850m contract extension

  13-06-2023 09:25 via businessnews.com.au
  
  Mining and civil services firm MACA has secured a $850 million contract extension for open pit mining activities at the Gruyere gold mine in the Goldfields.
  
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• Potash hopeful sinks on project update

  13-06-2023 09:21 via businessnews.com.au
  
  Australian Potash has put its flagship Lake Wells development on pause and pivoted to nearby exploration activities after a strategic review failed to attract an investment partner.
  
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• Tan to step down as Healthengine CEO

  13-06-2023 09:20 via businessnews.com.au
  
  Healthengine has commenced a changing of the guard, with founder Marcus Tan stepping down as chief executive and announcing an outsider to take his place.
  
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• Aust shares edge higher as tech climbs again

  13-06-2023 09:03 via businessnews.com.au
  
  The local share market has finished up 0.2 per cent ahead of a busy week of risk events headlined by the Federal Reserve meeting.
  
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• The government is announcing the biggest financial advice shake-up in years. Here's what it could mean for you

  13-06-2023 08:57 via abc.net.au
  
  The Albanese government wants to make quality financial advice far more affordable for households.
  
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• Construction delays burden profit forecast

  13-06-2023 08:45 via businessnews.com.au
  
  Land developer Cedar Woods Properties has cut its financial year profit forecast due to construction delays it claims are showing signs of stabilising.
  
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• Hospital site listed for sale, 10 days before official closure

  13-06-2023 07:43 via abc.net.au
  
  The owners of St Helen's Private Hospital put the site on the market, 10 days before the mental health facility officially closes in Hobart.
  
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• What we know about victims of Hunter Valley wedding bus crash

  13-06-2023 07:26 via abc.net.au
  
  A junior doctor and "an amazing athlete" were among 10 wedding guests who died after a bus they were travelling on rolled over late on Sunday night.
  
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• Tenth Hunter Valley crash victim identified

  13-06-2023 07:26 via abc.net.au
  
  A junior doctor and "an amazing athlete" were among 10 wedding guests who died after a bus they were travelling on rolled over late on Sunday night.
  
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• List of identified victims in Hunter Valley bus crash grows

  13-06-2023 07:26 via abc.net.au
  
  A junior doctor and "an amazing athlete" were among 10 wedding guests who died after a bus they were travelling on rolled over late on Sunday night.
  
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• Who are the winners and losers in this year's Queensland budget?

  13-06-2023 07:06 via abc.net.au
  
  Powered by a windfall of coal and oil royalties, the Queensland budget for 2023/24 has seen cash splashed across a number of areas.
  
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• Creasy buys $4.5m Nedlands site

  13-06-2023 07:00 via businessnews.com.au
  
  Mining entrepreneur Mark Creasy has bought a Nedlands commercial property from Alan Tribe’s Delarge Investments.
  
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• World's largest salt company defends project as opponents say saltworks will 'kill' fragile ecosystem

  13-06-2023 06:49 via abc.net.au
  
  K + S Salt Australia has released environmental studies which it believes show it should be able to develop a major project within a nationally significant wetland.
  
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• World's largest salt company defends project as opponents say saltworks could harm mangroves, animals

  13-06-2023 06:49 via abc.net.au
  
  K + S Salt Australia has released environmental studies which it believes show it should be able to develop a major project within a nationally significant wetland.
  
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• Are you struggling with the cost and availability of childcare? Tell us

  13-06-2023 06:40 via abc.net.au
  
  With long waiting lists and tighter wallets from the increase in cost of living, childcare is becoming a concern for families. We want to know how you're coping.
  
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• All Nippon Airways returns to Perth

  13-06-2023 06:31 via businessnews.com.au
  
  All Nippon Airways is to return to Perth three times a week from October 29 2023, with flights on Wednesday, Friday and Sunday.
  
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• All Nippon Airways return to Perth

  13-06-2023 06:31 via businessnews.com.au
  
  All Nippon Airways is to return to Perth three times a week from October 29, 2023, with flights on Wednesday, Friday and Sunday.
  
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• Gemco to build rail cars in Karratha

  13-06-2023 06:19 via businessnews.com.au
  
  Efforts to revive manufacturing in WA have been boosted by a $150 million deal between Gemco Rail and Rio Tinto to build 100 iron ore wagons and certain components locally.
  
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• Power bill rebates and free kindy: $1.6b in new cost-of-living relief announced for Queenslanders

  13-06-2023 06:01 via abc.net.au
  
  Every Queensland household will have power bills slashed as part of $1.6 billion in new cost-of-living relief being rolled out in the state budget.
  
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• ACCC approves Linfox Armaguard, Prosegur merger

  13-06-2023 05:56 via businessnews.com.au
  
  The proposed union of two of the country’s biggest cash logistics companies has been green-lit with the merged entity expected to start operating in September.
  
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• Hastings inks Yangibana offtake deal

  13-06-2023 05:48 via businessnews.com.au
  
  Rare earths hopeful Hastings Technology Metals has penned a potential offtake agreement with a Canadian magnet manufacturer for its Yangbiana project in the Gascoyne.
  
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