Analyst news

• Methane gas explosion kills 31 gold miners in South Africa

  23-06-2023 15:15 via abc.net.au
  
  A search operation of the mine was being delayed because methane gas levels were still dangerously high in the ventilation shaft where the miners are thought to have died. 
  
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• Court win for Palmer and Mineralogy

  23-06-2023 09:43 via businessnews.com.au
  
  Clive Palmer has had a minor win in a court fight against mining executive Shankar Madan, over royalties from Mineralogy’s Balmoral project.
  
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• CITIC study claims lower carbon emissions

  23-06-2023 09:43 via businessnews.com.au
  
  CITIC Pacific Mining has challenged conventional wisdom around magnetite production, citing a study that shows lower lifecycle emissions compared to traditional iron ore.
  
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• At Close of Business podcast June 23 2023

  23-06-2023 09:41 via businessnews.com.au
  
  Claire Tyrrell and Jack McGinn speak on the latest deals in the WA property sector.
  
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• Mark My Words podcast June 23

  23-06-2023 09:08 via businessnews.com.au
  
  In this podcast Mark Pownall and Mark Beyer discuss Super Pit expansion, Aboriginal heritage laws, Forrests donate $5 billion, big property deals, Vikas Rambal, David Flanagan, law and construction reviews.
  
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• Aust shares plunge again in worst week since September

  23-06-2023 09:08 via businessnews.com.au
  
  The local share market has finished 1.3 per cent lower, closing the week down 2.1 per cent despite solid gains on Monday and Tuesday.
  
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• Doric hit by Defence’s $285m contract deferral

  23-06-2023 08:51 via businessnews.com.au
  
  The Department of Defence has confirmed a $285 million contract with Perth firm Doric Contractors for the delivery of local defence infrastructure will not extend past its current design phase.
  
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• Renewable energy push creates trade union division

  23-06-2023 08:07 via abc.net.au
  
  Mining and energy workers say the industry is "under attack" in the push toward renewables, and plan to split from their current union for more effective lobbying.
  
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• Tough talk to follow draft strategy

  23-06-2023 08:00 via businessnews.com.au
  
  User pays may be the only way the aged care system can be put on a sustainable footing.
  
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• Financial affairs in a sick state

  23-06-2023 07:44 via businessnews.com.au
  
  THE Victorian government might like to believe it runs ‘the education state’, but its upbeat moniker needs to be replaced by the more appropriate ‘the sick state’, such is the poor health of its economy.
  
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• Vacant Freo site under $6.5m revamp plan

  23-06-2023 07:35 via businessnews.com.au
  
  A national sports bar franchise has earmarked the corner site in Fremantle, that once housed a Hungry Jack’s outlet, for a three-storey tavern and microbrewery.
  
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• Lobsters could have bonus health benefits hiding in their shells, researchers say

  23-06-2023 07:31 via abc.net.au
  
  Lobsters fetch a pretty price for their tasty meat, but researchers say their shells could also provide an untapped source of calcium for human health needs.
  
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• Crown Perth compensates underpaid employees

  23-06-2023 07:29 via businessnews.com.au
  
  Crown Perth employees have been back-paid up to $55,000 after the resort and casino operator underpaid its staff in WA and Melbourne more than $1 million over a six-year period.
  
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• Cruisers keen to get on board

  23-06-2023 07:02 via businessnews.com.au
  
  A booming cruise industry has found itself stifled by a lack of airline capacity to deliver passengers.
  
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• Australia's first commercial vanadium battery installed in regional SA

  23-06-2023 06:36 via abc.net.au
  
  Yadlamalka Energy completes the civil works on the battery, which will store around 10 gigawatts of dispatchable solar power each year and charge from excess electricity produced when the sun is at its peak.
  
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• Final framework for $227m Subi East area

  23-06-2023 06:26 via businessnews.com.au
  
  The final piece of the $227 million Subi East redevelopment, a framework for developing up to 1,000 dwellings in Princess Margaret Hospital site, has been recommended for approval.
  
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• Rio, Baowu shell out $1bn for Western Range

  23-06-2023 05:33 via businessnews.com.au
  
  Local contractors will share in a raft of new work building one of the state’s next iron ore mines being developed by Rio Tinto and Chinese steel major Baowu Group.
  
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• Why converting not-for-purpose buildings into affordable housing isn't as simple as it sounds

  23-06-2023 05:05 via abc.net.au
  
  Plans to transform a former aged care complex into affordable housing in North Queensland have been scrapped, in what an expert says highlights the problems with converting not-for-purpose buildings into housing.
  
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• PKKP, mining group call for cultural heritage go-ahead

  23-06-2023 04:04 via businessnews.com.au
  
  The Aboriginal corporation representing the traditional owners of Juukan Gorge has concerns over cultural heritage guidelines but does not want their implementation delayed, echoing the views of a major mining industry group.
  
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• PKKP, AMEC call to get ACH moving

  23-06-2023 04:04 via businessnews.com.au
  
  The Aboriginal corporation representing the traditional owners of Juukan Gorge has concerns over new cultural heritage guidelines but does not want the implementation of the laws delayed.
  
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• Billions for green hydrogen but no idea on break-even

  23-06-2023 03:59 via businessnews.com.au
  
  Green hydrogen champions will get subsidies to bridge the gap between the fuel's cost and what the market is prepared to pay, with no timeline for profits.
  
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• WA doctors back small town's under-18 energy drink ban and say it could 'absolutely' be expanded

  23-06-2023 03:41 via abc.net.au
  
  A small WA town which stopped the sale of energy-drinks to people under 18 has vowed to keep the ban in place. Now other communities are looking to follow suit.
  
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• 'Only God knows what happened that night': Pop star Kesha and producer Dr Luke settle longstanding legal battle

  23-06-2023 03:23 via abc.net.au
  
  Pop star Kesha and producer Dr Luke have settled nearly a decade of suits and countersuits over her accusation that he drugged and raped her and his claim that she made it up and defamed him, with the singer saying that "only God knows what happened that night."
  
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• As electricity prices soar, this Adelaide council says a cool refuge for residents on hot days may be necessary

  23-06-2023 03:21 via abc.net.au
  
  A council in Adelaide's inner suburbs is considering making a cool refuge available for its residents on hot days. It comes as a disaster resilience expert warns other councils must start considering similar initiatives. 
  
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• Primrose grew up during the Great Depression — she says she's facing financial hardship once more

  23-06-2023 03:11 via abc.net.au
  
  Eighty-nine-year-old Primrose Brimson keeps warm in her Canberra home by curling up underneath handmade quilts — but she says she has now made her last, with the cost of materials outgrowing her budget.
  
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• Facebook and Instagram to pull news from Canadian platforms

  23-06-2023 03:09 via abc.net.au
  
  Facebook and Instagram's parent company Meta says it will end access to news on its platforms in Canada because of a new law requiring internet giants to pay publishers.
  
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• Rust armourer charged with tampering with evidence after film set shooting involving Alec Baldwin

  23-06-2023 01:39 via abc.net.au
  
  Prosecutors charge Rust movie armourer Hannah Gutierrez-Reed with tampering with evidence in connection with the 2021 fatal shooting of the film's cinematographer, Halyna Hutchins.
  
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• Virgin pilots get home ground advantage

  23-06-2023 01:00 via businessnews.com.au
  
  Virgin Australia’s Perth pilots have undergone flight simulator training on their home turf for first time after realising a deal with global aviation trainer CAE.
  
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• Markets as it happened: Global recession fears rise, stocks close the week lower

  23-06-2023 00:20 via abc.net.au
  
  The ASX200 closed lower Friday as fears mounted that major economies, including Australia's, risk falling into recession as consecutive interest rate rises are taking time to bring down inflation. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: Global recession fears rise as share market opens lower

  23-06-2023 00:20 via abc.net.au
  
  US Federal Reserve chairman Jerome Powell has signalled that more interest rate rises may be needed this year to get US inflation down, increasing fears they could hit a recession. Britain is also treading close to one. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: Business fights multinational tax reporting rules as share market set to open lower

  23-06-2023 00:20 via abc.net.au
  
  Business fights multinational tax reporting rules as the share market set to open lower. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: Business fights multinational tax reporting rules as share market opens lower

  23-06-2023 00:20 via abc.net.au
  
  Business fights multinational tax reporting rules as the share market opens lower. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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