Analyst news

• Global ambitions to reach net zero targets drive critical minerals boom

  28-06-2023 23:50 via abc.net.au
  
  Australia is on the cusp of another mining boom in critical metals to feed the world’s insatiable appetite for technology, but any new mines could still be years away.
  
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• Demand for critical minerals is booming — but new mines in Australia are years away

  28-06-2023 23:50 via abc.net.au
  
  Australia is on the cusp of another mining boom in critical metals to feed the world’s insatiable appetite for technology and renewable energy, and Queensland is looking to position itself as a world leader in exports.
  
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• Civic stadium dream over as ACT government backs new Bruce venue

  28-06-2023 22:53 via abc.net.au
  
  The ACT government wants to keep the Australian Institute of Sport in Canberra, and a new Bruce stadium is part of the plan.
  
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• 'Discombobulated mess': MP unleashes on collapsed company that promised recycling 'revolution'

  28-06-2023 22:47 via abc.net.au
  
  Kiama MP Gareth Ward has used parliamentary privilege to accuse the founder of collapsed Australian waste operator, Bioelektra Australia, of "duping" a NSW council. 
  
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• Taylor Swift adds two 'final' shows to Australian tour after 'historically unprecedented demand'

  28-06-2023 22:46 via abc.net.au
  
  American pop star Taylor Swift adds two new shows to her 2024 Australian tour, which organisers say will be the final dates to be announced.
  
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• Editor defends decision to publish article written by artificial intelligence in regional newspaper

  28-06-2023 22:36 via abc.net.au
  
  As ChatGPT comes under increasing scrutiny, one Victorian country newspaper is already using artificial intelligence to fill column space.
  
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• Australian 'in a way that doesn't feel gross': Lifelong dream comes true for Adelaide filmmakers

  28-06-2023 22:19 via abc.net.au
  
  With youthful energy and a quintessentially Australian soundtrack, the debut film from the RackaRacka brothers hits all the right notes.
  
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• Hospitality businesses hit hard as interest rates rise while temperatures plummet

  28-06-2023 21:47 via abc.net.au
  
  Ange Lawrie opened her cafe in South Australia's south-east just before interest rates started rising. It is closing this week after falling sales — a situation facing eateries around Australia as winter bites.
  
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• This patch of land is in an 'ideal' location. But its mixed legacy means its future is up in the air

  28-06-2023 21:30 via abc.net.au
  
  For more than half a century, the Mobil oil refinery was at the heart of Melbourne's industrial west. But since its closure two years ago, vastly different hopes for the site's future have emerged.
  
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• 'Middle suburbs, excellent transport, great deal of land': The battle for the future of an old oil refinery

  28-06-2023 21:30 via abc.net.au
  
  For more than half a century, the Mobil oil refinery was at the heart of Melbourne's industrial west. But since its closure two years ago, vastly different hopes for the site's future have emerged.
  
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• After years of use as an oil refinery, residents hope this patch of land can be repurposed. But scientists aren't sure

  28-06-2023 21:30 via abc.net.au
  
  For more than half a century, the Mobil oil refinery was at the heart of Melbourne's industrial west. But since its closure two years ago, vastly different hopes for the site's future have emerged.
  
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• A stone's throw from Melbourne's CBD, the future of a large parcel of land is the subject of hot debate

  28-06-2023 21:30 via abc.net.au
  
  For more than half a century, the Mobil oil refinery was at the heart of Melbourne's industrial west. But since its closure two years ago, vastly different hopes for the site's future have emerged.
  
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• Why coal-producing communities will need more than just hydrogen to adapt to clean future

  28-06-2023 20:55 via abc.net.au
  
  A new report from the Centre for Policy Development looks at the unique challenges facing a range of Australia's most coal and gas-exposed communities, including the Hunter, Pilbara, Latrobe and Gladstone regions.
  
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• 'Not logical': Experts question Queensland government plans to build mega pumped hydro

  28-06-2023 20:54 via abc.net.au
  
  Questions are being raised over the feasibility of the Queensland government's pumped hydro schemes announced last year. 
  
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• 'They made a huge error': Amber wouldn't have taken on so much debt if she hadn't trusted the RBA

  28-06-2023 20:04 via abc.net.au
  
  The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
  
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• 'Really damaging' if Philip Lowe were reappointed as Reserve Bank governor, economist says

  28-06-2023 20:04 via abc.net.au
  
  The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
  
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• Many economists say Philip Lowe made a 'huge error'. So will he keep his job?

  28-06-2023 20:04 via abc.net.au
  
  The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
  
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• It would be 'really damaging' if Philip Lowe were reappointed as Reserve Bank governor, economist says

  28-06-2023 20:04 via abc.net.au
  
  The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
  
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• 'Pure escapism': Idris Elba challenges audience expectations in new Hijack show

  28-06-2023 13:29 via abc.net.au
  
  Actor Idris Elba describes his latest TV series Hijack as "pure escapism" as he continues to challenge audience expectations throughout his successful career.
  
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• Flood-damaged homes hit the market as owners struggle with uncertainty

  28-06-2023 10:38 via abc.net.au
  
  Rather than repair their properties, some South Australians affected by last year's floods are walking away, but a real estate agent says interest in riverfront homes remains strong.
  
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• At Close of Business podcast June 28 2023

  28-06-2023 09:52 via businessnews.com.au
  
  Claire Tyrrell and Jack McGinn discuss the state of play for commercial construction in Western Australia.
  
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• Aust stocks soar as inflation cools, dimming hike odds

  28-06-2023 09:47 via businessnews.com.au
  
  The local share market has enjoyed its best day of trading in 11 weeks, rising 1.1 per cent with inflation data likely closing the door to a rate hike in July.
  
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• Think you could be treasurer? Try this 'build your own budget' interactive

  28-06-2023 09:42 via abc.net.au
  
  The Parliamentary Budget Office releases a sophisticated "build your own budget" interactive.
  
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• Christian Dior to open inaugural Perth store

  28-06-2023 09:24 via businessnews.com.au
  
  Another luxury retail store will make itself home in Perth’s CBD after Lease Equity brokered a deal for Christian Dior to open its first boutique in WA.
  
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• Musgrave rejects Westgold takeover

  28-06-2023 09:06 via businessnews.com.au
  
  Gold junior Musgrave Minerals has knocked back Westgold Resources’ $177 million merger proposal, telling shareholders to reject what it has called an ‘opportunistic’ offer from the mid-tier.
  
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• Fini Group submits Margaret River hotel plan

  28-06-2023 08:44 via businessnews.com.au
  
  Fini Group has set its sights on a 3,463 square metre site in Margaret River to build a hybrid hotel, estimated to cost $8.5 million.
  
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• It’s what’s under the pixels that counts

  28-06-2023 08:00 via businessnews.com.au
  
  AI such as ChatGPT may not be as much of a knowledge tool as initially believed.
  
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• Local contractors win on $78m Bunbury project

  28-06-2023 07:55 via businessnews.com.au
  
  The final stage of Bunbury’s major waterfront redevelopment project has progressed after the state government awarded three contracts to local businesses.
  
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• UWA jumps to #72 on QS ranking

  28-06-2023 07:46 via businessnews.com.au
  
  Most of Australia’s universities have moved substantially higher on a major global ranking, with three into the top 20 but one having a conspicuous fall after a change in criteria.
  
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• WA govt flags $6.3m Collie facility

  28-06-2023 06:49 via businessnews.com.au
  
  The state government is aiming to open a $6.3 million training facility at the South Regional TAFE in Collie by 2025, to mitigate the impact from the impending closure of coal-fired power stations.
  
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• Demand for backyard chooks soars amid climbing egg prices and cost of living crisis

  28-06-2023 06:49 via abc.net.au
  
  As egg prices soar, more consumers are turning towards keeping chickens. But it is not as easy as it sounds.
  
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• Demand for backyard chooks soar amid climbing egg prices and cost of living crisis

  28-06-2023 06:49 via abc.net.au
  
  As egg prices soar, more consumers are turning towards keeping chickens. But it is not as easy as it sounds.
  
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• Plans to 'drought-proof' Kalgoorlie-Boulder, as water restrictions lifted

  28-06-2023 06:46 via abc.net.au
  
  The City of Kalgoorlie-Boulder lifts water restrictions it imposed in February when local dams almost ran dry after banking about seven months' water supply, and is now progressing plans to "drought-proof" the regional mining centre. 
  
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• Advanced Navigation, UWA share in $40m space grants

  28-06-2023 05:37 via businessnews.com.au
  
  Perth-founded Advanced Navigation and The University of Western Australia will receive a share of $40 million funding ahead of NASA’s planned return of astronauts to the moon in 2025.
  
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• Allkem taps NRW for $332m contract

  28-06-2023 05:21 via businessnews.com.au
  
  NRW Holdings has been selected as the preferred candidate to undertake $332 million worth of work on Allkem's lithium mine in the Great Southern.
  
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• Allkem eyes NRW for $332m contract

  28-06-2023 05:21 via businessnews.com.au
  
  NRW Holdings has been selected as the preferred candidate to undertake $332 million worth of work on Allkem's lithium mine in the Great Southern.
  
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• Could treating the gut help people like Jodie finally get a good night's sleep?

  28-06-2023 04:58 via abc.net.au
  
  More than half the country experiences disrupted sleep, but an Australian-first clinical trial of a bacteria-based treatment for insomnia is delivered "very promising" results.
  
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• Two more local builders go under

  28-06-2023 04:50 via businessnews.com.au
  
  Liquidators have been called into Perth-based builders Prostruct and Flexible Homes this week, against the backdrop of an overheated construction market in the state.
  
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• Two local builders go under

  28-06-2023 04:50 via businessnews.com.au
  
  Liquidators have been called into Perth-based building and construction companies Prostruct and Flexible Homes, according to notices filed with the Australian Securities and Investments Commission.
  
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• Fewer people with psychosocial disability may be added to NDIS, as minister flags 27,000 to be diverted under reforms

  28-06-2023 04:43 via abc.net.au
  
  Stressing that no current NDIS participants would be removed from the scheme, NDIS Minister Bill Shorten said reforms to the scheme may lead to fewer future entrants with psychosocial disability, as the government seeks to curb growth by 27,000 over the next few years.
  
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• Fuel prices cool inflationary increase

  28-06-2023 04:42 via businessnews.com.au
  
  The Consumer Price Index (CPI) rose 5.6 per cent in the 12 months to May, its smallest increase since April 2022 according to data from the Australian Bureau of Statistics.
  
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• Builders apply rigorous lens to projects

  28-06-2023 04:05 via businessnews.com.au
  
  Commercial builders are paying close attention to the jobs they take on, given the volatile nature of the construction environment.
  
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• Inflation falls sharply, 'soft enough to see the RBA halt' rate rises

  28-06-2023 03:43 via abc.net.au
  
  The latest monthly consumer price indicator shows inflation fell sharply to 5.6 per cent over the 12 months to May, down from 6.8 per cent in April.
  
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• Inflation falls sharply as fuel prices tumble

  28-06-2023 03:43 via abc.net.au
  
  The latest monthly consumer price indicator shows inflation fell sharply to 5.6 per cent over the 12 months to May, down from 6.8 per cent in April.
  
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• Resourcing tomorrow with more mines, more responsibly

  28-06-2023 02:42 via businessnews.com.au
  
  Still paying the reputational price for blowing up sacred caves, Rio Tinto has told a global mining forum it is driving cultural change across the business.
  
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• Taylor Swift pre-sale tickets are released today. Sellers are braced for huge demand

  28-06-2023 01:38 via abc.net.au
  
  General sale tickets will be released on Friday, but Swift fans will be attempting to secure their spots in a special pre-sale event. It's going to be tense.
  
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