Analyst news

• Fish kills and stinking fields: Is Tasmania overloaded with industrial rubbish?

  14-06-2023 23:59 via abc.net.au
  
  Libby Cooper's farm overlooks a picturesque river, but what's happening on a neighbouring area of land has her worried. And she is not the only one.
  
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• Risk of interest rate rise increases as unemployment rate drops to 3.6pc, ASX finishes higher — as it happened

  14-06-2023 23:39 via abc.net.au
  
  Stronger than expected jobs data has some economists predicting another interest rate rise will be imminent, while New Zealand's economy has entered a recession.
  
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• Live: US pauses interest rate rises but flags more hikes may be necessary, ASX to open higher

  14-06-2023 23:39 via abc.net.au
  
  The US Federal Reserve pauses its current interest rate hike cycle after 10 straight increases, while local investors await the release of the latest employment figures. Follow live.
  
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• Live: Surprise drop in unemployment figures in Australia as New Zealand in recession

  14-06-2023 23:39 via abc.net.au
  
  New Zealand's economy has entered a recession, after the latest data confirmed the country has recorded two consecutive quarters of negative growth, while local investors await the release of the latest employment figures. Follow live.
  
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• Live: Surprise drop in unemployment figures as 76,000 jobs added in Australia, New Zealand in recession

  14-06-2023 23:39 via abc.net.au
  
  New Zealand's economy has entered a recession, after the latest data confirmed the country has recorded two consecutive quarters of negative growth, while local investors await the release of the latest employment figures. Follow live.
  
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• Live: Risk of interest rate rise increases as unemployment rate drops to 3.6pc, ASX continues to gain

  14-06-2023 23:39 via abc.net.au
  
  Stronger than expected jobs data has some economists predicting another interest rate rise will be imminent, while New Zealand's economy has entered a recession. Follow live.
  
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• Live: New Zealand in recession as its economy shrinks, US pauses interest rate rises, ASX to open higher

  14-06-2023 23:39 via abc.net.au
  
  New Zealand's economy has entered a recession, after the latest data confirmed the country has recorded two consecutive quarters of negative growth, while local investors await the release of the latest employment figures. Follow live.
  
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• Live: New Zealand in recession as its economy shrinks, US pauses interest rate rises, ASX opens higher

  14-06-2023 23:39 via abc.net.au
  
  New Zealand's economy has entered a recession, after the latest data confirmed the country has recorded two consecutive quarters of negative growth, while local investors await the release of the latest employment figures. Follow live.
  
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• Super payout delay complaints spike as cost of living 'increases urgency'

  14-06-2023 23:29 via abc.net.au
  
  A sharp increase in the number of complaints about delays in superannuation claims handling could be due in part to tougher economic circumstances, according to the peak body for the industry.
  
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• Young families and renters face unprecedented cash flow pressure as financial stress hits new high

  14-06-2023 22:32 via abc.net.au
  
  Financial pressure on households has never been higher, and more of us are spending beyond our means than ever before, according to a long-running survey. 
  
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• Financial pressure hits new high, nearly 90 per cent of young families in mortgage stress, report finds

  14-06-2023 22:32 via abc.net.au
  
  A new report has found 88 per cent of young families are in mortgage stress and nearly 2 million rental households are now spending more than they earn, creating "a perfect storm in regional Australia" according to one expert.
  
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• Almost 2 million rental households struggling to make ends meet, new report finds 

  14-06-2023 22:32 via abc.net.au
  
  Financial pressure on households has never been higher, and more of us are spending beyond our means than ever before, according to a long-running survey. 
  
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• 'This is dangerous': This expert says governments have their fingers in their ears about cryptocurrency

  14-06-2023 21:00 via abc.net.au
  
  Most cryptocurrencies don't have a head office or a CEO, which makes regulating them tough. But expert Gavin Brown says ignoring their power is not an option.
  
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• PwC worked for tertiary education regulator as it acquired stake in college

  14-06-2023 20:19 via abc.net.au
  
  PricewaterhouseCoopers began work on a top-level consulting contract with the federal government's regulator of tertiary colleges 24 hours before agreeing to acquire a $5.5 million stake in one such college, the controversial Top Education Group.
  
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• PwC invested in college while consulting to tertiary education regulator

  14-06-2023 20:19 via abc.net.au
  
  PricewaterhouseCoopers began work on a top-level consulting contract with the federal government's regulator of tertiary colleges twenty-four hours before agreeing to acquire a $5.5 million stake in one such college, the controversial Top Education Group.
  
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• Instant Brands, maker of the Instant Pot and Pyrex, files for bankruptcy as sales go cold

  14-06-2023 10:50 via abc.net.au
  
  Inflation has buffeted American consumers after a pandemic-fuelled binge on goods for the home, but spending has also moved elsewhere as people are again able to travel, or go to restaurants and shows.
  
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• At Close of Business June 14 2023

  14-06-2023 10:50 via businessnews.com.au
  
  Liv Declerck and Jack McGinn discuss the dual pressures faced by charitable organisations as cost of living and inflationary pressures bite.
  
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• Spotlight on Mt Ida as lithium hub

  14-06-2023 10:42 via businessnews.com.au
  
  Speculation of a tie-up between two companies in an emerging lithium province scoped by Hancock Prospecting has surfaced after the pair entered a trading halt flagging a joint venture announcement.
  
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• Mega agribusiness deal could shake up WA market

  14-06-2023 10:09 via businessnews.com.au
  
  Agribusiness major Bunge will acquire Glencore-backed rival Viterra in a merger that could spell a noticeable shift at the top end of Western Australia’s largest grain exporters.
  
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• Australian shares rise as miners shine, CSL drags

  14-06-2023 09:46 via businessnews.com.au
  
  The local market finished up 0.3 per cent as moderating US inflation diminished the chance of a Fed rate this week, but CSL was serving as a major drag.
  
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• Coogee buys $7m East Rockingham site

  14-06-2023 09:41 via businessnews.com.au
  
  The chemical company has bought the industrial property from mining group WA Kaolin, which will lease back the site on a peppercorn basis.
  
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• Apartments to gain from $80m fund

  14-06-2023 09:07 via businessnews.com.au
  
  The state government’s $80 million infrastructure fund is being rolled out to help apartment developers pay for utility connections on their sites.
  
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• Kalium in limbo with ‘strategic process’ under way

  14-06-2023 09:02 via businessnews.com.au
  
  Shares in potash developer Kalium Lakes will remain suspended as it drafts in Argonaut to helm a strategic process exploring any and all options for the business.
  
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• Employees of third-party contractor for NSW Forestry plead not guilty to assaulting environmentalists

  14-06-2023 08:45 via abc.net.au
  
  Michael Luigi Vitali and Rodney James Hearfield have been charged with assault offences against two local conservationists over an alleged incident in June 2020.
  
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• Employees of third party contractor for NSW Forestry plead not guilty to assault against environmentalists

  14-06-2023 08:45 via abc.net.au
  
  Michael Luigi Vitali and Rodney James Hearfield have been charged with assault offences against two local conservationists over an alleged incident in June 2020.
  
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• Seafarms 'committed' to reviving collapsed project

  14-06-2023 08:00 via businessnews.com.au
  
  Seafarms Group says it is committed to developing Project Sea Dragon after it regained control of the collapsed prawn farm from administrators in March.
  
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• Are you using AI at work? Share your story

  14-06-2023 07:55 via abc.net.au
  
  Whether you work in healthcare, finance, manufacturing, or any other field, we want to know how AI is impacting you.
  
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• CBD street closed after gas leak

  14-06-2023 07:44 via businessnews.com.au
  
  A hazmat general warning has been issued for a section of the Perth CBD as emergency services identified a gas leak from a large pipe fracture adjacent to the ECU construction site.
  
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• Reserve Bank underpaid almost 1200 staff

  14-06-2023 07:30 via businessnews.com.au
  
  Some 1200 staff of the Reserve Bank have been underpaid more than $1 million due to an error calculating payments for leave entitlements.
  
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• Palmer’s Mineralogy updates claims in CITIC legal battle

  14-06-2023 07:28 via businessnews.com.au
  
  Clive Palmer and Mineralogy have succeeded their bid to update allegations against subsidiaries of CITIC Pacific Mining, which a Supreme Court judge has described as "grave in nature".
  
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• Security provider pens $45m acquisition

  14-06-2023 06:58 via businessnews.com.au
  
  Security provider Intelligent Monitoring Group has snapped up sector peer Tyco Australia through a $45 million acquisition to expand its footprint.
  
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• Worker killed at Pilbara mine site identified, as industry work safety called into question

  14-06-2023 06:29 via abc.net.au
  
  Kieren McDowall was killed in an incident at Mineral Resources' Ken's Bore mine site, his employer has confirmed. The death is the fourth fatality in Western Australia's mining industry since October 2022, raising questions about the industry's safety measures.
  
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• Bibra Lake contractor confirms fatality

  14-06-2023 06:20 via businessnews.com.au
  
  The person killed at Mineral Resources’ Onslow Iron project on Monday has been confirmed as an employee of Bibra Lake contractor AAA Asphalt Surfaces.
  
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• Train derails after striking vehicle near Katherine

  14-06-2023 06:06 via abc.net.au
  
  Northern Territory emergency services are responding to a train derailment near the regional town of Katherine. 
  
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• Four people injured after freight train collides with truck near Katherine

  14-06-2023 06:06 via abc.net.au
  
  Emergency services are responding to the crash about 13 kilometres south-west of the town, where a fire has also broken out.
  
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• Demand stretches charity services

  14-06-2023 05:44 via businessnews.com.au
  
  The rising cost of living has flooded charitable organisations with those in need of a range of support services.
  
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• Sydney congestion tax ruled out as NSW government reveals plan for city's toll roads

  14-06-2023 05:41 via abc.net.au
  
  Motorists living in some parts of Sydney could be charged different rates to use the city's motorways, under options being considered by the state government.
  
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• Men's health focus missing: Spinnaker

  14-06-2023 05:41 via businessnews.com.au
  
  Health research foundation aims to put what it says is the neglected issue of men’s health on the map.
  
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• First big battery at an Australian coal site goes live in Victoria

  14-06-2023 05:29 via abc.net.au
  
  The battery at the site of the decommissioned Hazelwood power station has the capacity to power about 75,000 homes for an hour during the evening peak.
  
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• Cancer patient who's spent $12k getting to appointments says $10 travel subsidy increase 'disappointing'

  14-06-2023 04:48 via abc.net.au
  
  Grant Bunter was diagnosed with liver cancer last year and must travel a long way for crucial treatment. While he welcomes the Queensland government's subsidy boost, he says it's not enough.
  
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• Fortescue signs with China Baowu

  14-06-2023 04:19 via businessnews.com.au
  
  Fortescue is the second company after Rio Tinto this week to partner with world's biggest steelmaker China Baowu in a bid to reduce emissions associated with iron and steel making.
  
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• Byron Council pushes ahead with plan for 60-day limit on holiday rentals

  14-06-2023 04:19 via abc.net.au
  
  Councils in tourism hotspots around NSW are watching with interest as Byron Shire Council pushes ahead with plans for a 60-day annual cap on short-term holiday letting.
  
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• Green bonds to fund car-charging network, clean energy

  14-06-2023 03:29 via businessnews.com.au
  
  State governments are leading the way for Australian green bonds with the latest issuance to fund an electric car charging network, wind farms and rebates.
  
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• Burgundy raising for diamond mine deal

  14-06-2023 03:15 via businessnews.com.au
  
  Burgundy Diamond Mines is working towards raising $203 million to fund what it has deemed a ‘transformational’ acquisition of an operating diamond mine in Canada once owned by BHP.
  
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• Perth rental vacancy rise continues

  14-06-2023 02:30 via businessnews.com.au
  
  Recent data from Proptrack shows the availability of residential vacancies has lifted by 0.01 per cent in month to May 31.
  
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• 'I will go blind': Sick WA residents missing treatments as Rex reliability issues continue

  14-06-2023 02:03 via abc.net.au
  
  Regional West Australians say flight delays and cancellations are putting their health at risk as Rex Airlines continues to struggle to provide reliable services.
  
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• Truck crash causes major delays on Adelaide freeway

  14-06-2023 00:31 via abc.net.au
  
  Early morning commuters are experiencing significant traffic delays in both directions on the South Eastern Freeway after a truck crashed into a concrete barrier near Stirling.
  
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