Analyst news

• The cheap and healthy swaps to make to save money on meat and dairy

  19-07-2023 22:30 via abc.net.au
  
  The cost of groceries has risen substantially over the last year, but there are clever ways to save money without missing out, writes Clare Collins. 
  
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• Has the cost-of-living crisis killed the multi-day music festival? Splendour organisers say that's part of it

  19-07-2023 22:05 via abc.net.au
  
  Splendour in the Grass has failed to sell out of the first time since 2011, and it's not the only festival feeling the pinch.
  
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• Forecast for Splendour suggests bright weather, but there are storm clouds over music festival industry

  19-07-2023 22:05 via abc.net.au
  
  Splendour in the Grass has failed to sell out of the first time since 2011, and it's not the only festival feeling the pinch.
  
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• Crown blamed previous fines, threatened bankruptcy as it tried to shrink AUSTRAC penalty

  19-07-2023 21:49 via abc.net.au
  
  Crown's chief financial officer used details of the casino giant's cash-flow woes to argue down a penalty from financial crimes agency AUSTRAC.
  
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• A rare look inside the finances of disgraced casino operator Crown reveals how much it spent wooing 'high-risk' customers

  19-07-2023 21:49 via abc.net.au
  
  Crown's chief financial officer used details of the casino giant's cash-flow woes to argue down a penalty from financial crimes agency AUSTRAC.
  
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• There are several reasons why your online shopping may be getting more expensive — this is one

  19-07-2023 21:40 via abc.net.au
  
  Australians took to online shopping with gusto during the pandemic, but now they need to brace for rising costs as deliveries become much more expensive.
  
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• Online retailers 'hit left, right and centre' as shipping costs surge and demand falls

  19-07-2023 21:40 via abc.net.au
  
  Australians took to online shopping with gusto during the pandemic, but now they need to brace for rising costs as deliveries become much more expensive.
  
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• Replica train station gives people with disability a chance to test run accessibility

  19-07-2023 21:39 via abc.net.au
  
  In preparation for Cross River Rail, a warehouse has been transformed into a mock underground station – fitted out with replica platform doors, a foyer and even a mural of a train to ensure everyone can access Brisbane's new transport links.
  
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• Brisbane's Cross River Rail is costing billions. Meet the people making sure everyone can safely use it

  19-07-2023 21:39 via abc.net.au
  
  In preparation for Cross River Rail, a warehouse has been transformed into a mock underground station – fitted out with replica platform doors, a foyer and even a mural of a train to ensure everyone can access Brisbane's new transport links.
  
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• How a 'winner-take-all' tech sector is slowly destroying the global economy

  19-07-2023 21:19 via abc.net.au
  
  Far from improving our lives, a growing body of economic evidence is pointing the finger at big tech as a major factor in economic stagnation and lower wage growth.
  
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• Are we all paying the price for 'superstar' firms?

  19-07-2023 21:19 via abc.net.au
  
  Far from improving our lives, a growing body of economic evidence is pointing the finger at big tech as a major factor in economic stagnation and lower wage growth.
  
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• 'Like a Monty Python skit': Telstra 'harassed' Jenny for nine years over her dead husband's account

  19-07-2023 21:04 via abc.net.au
  
  Jenny Moncur's husband Royce died in 2014 after being diagnosed with cancer. Almost a decade later, she was still being contacted about his Telstra account.
  
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• Could a vacancy tax solve Australia's housing crisis? Canada might have the answer

  19-07-2023 21:00 via abc.net.au
  
  In 2018, Canada's British Columbia introduced a tax against vacant homes. Three years later, more than 20,000 rentals were back on the market.
  
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• Could a tax against empty homes help end Australia's housing crisis?

  19-07-2023 21:00 via abc.net.au
  
  In 2018, Canada's British Columbia introduced a tax against vacant homes. Three years later, more than 20,000 rentals were back on the market.
  
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• Ukraine sets up temporary shipping route after Russia quits corridor deal

  19-07-2023 16:25 via abc.net.au
  
  Russia attacks Ukraine's Black Sea Odesa port for the second consecutive night, while Ukraine looks to alternate shipping routes.
  
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• Russia strikes Ukraine's critical port facilities in Odesa after halting grain deal

  19-07-2023 16:25 via abc.net.au
  
  Russia attacks Ukraine's Black Sea Odesa port for the second consecutive night, while Ukraine looks to alternate shipping routes.
  
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• Aust stocks up on hopes of end to Fed rate hikes

  19-07-2023 09:57 via businessnews.com.au
  
  The ASX rose 0.55 per cent after weak US retail sales data raised hopes that the Fed's expected rate hike in July might be its last.
  
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• At Close of Business podcast July 19 2023

  19-07-2023 09:57 via businessnews.com.au
  
  Senior journalists Claire Tyrrell and Jack McGinn discuss state of play for Western Australia’s architecture and interior design industries.
  
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• Cottesloe rules out OBH appeal

  19-07-2023 09:49 via businessnews.com.au
  
  A speculated legal action over the Ocean Beach Hotel approval has been quashed but the Town of Cottesloe affirmed a continued contest against the state government’s assessment pathway.
  
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• Skippers buys $11m Welshpool asset

  19-07-2023 09:35 via businessnews.com.au
  
  The Quinlivan family, behind Skippers Transport, has bought the 1.8-hectare property, which changed hands for the first time in 25 years.
  
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• Ticket sales down by 30 per cent for this weekend's mega music festival Splendour

  19-07-2023 09:26 via abc.net.au
  
  Splendour in the Grass organisers say lessons have been learnt after last year's traffic chaos, but even Lizzo, Flume, and the Yeah Yeah Yeahs might not be able to raise the bar as hip pocket pressures hit ticket sales.
  
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• Local towage company wins Port of Esperance contract

  19-07-2023 09:26 via businessnews.com.au
  
  Port of Esperance has signed a 10-year licence agreement with Esperance-based Mackenzie Marine and Towage to operate tug services at the southern port.
  
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• Adapting design in a tight market

  19-07-2023 09:05 via businessnews.com.au
  
  Architects and interior designers are adjusting their approach in response to the unstable construction environment.
  
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• Theft increase prompts supermarket self-serve checkout security upgrades in WA

  19-07-2023 08:53 via abc.net.au
  
  Woolworths is installing new AI security technology in response to a nationwide theft spike.
  
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• Theft increase prompts supermarket self-serve checkout security upgrades

  19-07-2023 08:53 via abc.net.au
  
  Woolworths is installing new AI security technology in response to a nationwide theft spike.
  
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• Flood-affected Brisbane shopping centre to be demolished

  19-07-2023 08:53 via abc.net.au
  
  Brisbane City Council approves the demolition of Toombul Shopping Centre, which has been closed since it was severely damaged during last year's floods in south-east Queensland.
  
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• From expectations to lamentations

  19-07-2023 08:37 via businessnews.com.au
  
  Travel is all about broadening your horizons, although some may prefer no surprises when it comes to accommodation.
  
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• 'Non-paying' insurance companies 'need to be held accountable' as new flood inquiry announced

  19-07-2023 08:04 via abc.net.au
  
  Eugowra's Lesley and Brian Smith are welcoming the setting up of a federal parliamentary inquiry into the response of insurance companies to Australia's 2022 flood disasters.
  
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• Kimberley tourism operators hit with cost-of-living, post-flood downturn

  19-07-2023 07:33 via abc.net.au
  
  It has been a tough few years for tourism operators, with Tourism Council Western Australia now projecting the first downturn for the June quarter since borders reopened.
  
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• Kimberley EV charger a Horizon milestone

  19-07-2023 06:58 via businessnews.com.au
  
  The first of eight electric vehicle chargers to be rolled out by Horizon Power in the Kimberley under the WA EV Network is now operational.
  
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• Rio positive on ore shipments

  19-07-2023 06:32 via businessnews.com.au
  
  Rio Tinto has reported strong Pilbara iron ore production and upped its annual guidance while also disclosing a doubling in its spend on evaluation of projects in other sectors.
  
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• Liontown awards $175m haulage contract

  19-07-2023 06:23 via businessnews.com.au
  
  The lithium hopeful has recruited Qube Holdings to transport spodumene concentrate from Kathleen Valley to the Port of Geraldton ahead of anticipated first production in mid-2024.
  
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• New trial hopes to close the loop on 'shocking' amounts of single-use plastics dumped by hospitals

  19-07-2023 05:43 via abc.net.au
  
  Brenton Lovering and Mat Usher were shocked by the amount of plastic thrown out in health care. Their Tasmanian pilot program is aiming to change that.
  
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• Medical waste program aims to fix 'shocking' use of single-use plastics in health care

  19-07-2023 05:43 via abc.net.au
  
  Brenton Lovering and Mat Usher were shocked by the amount of plastic thrown out in health care. Their Tasmanian pilot program is aiming to change that.
  
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• Rising rents likely to ease next year as RBA signals the end of rate hikes

  19-07-2023 05:07 via abc.net.au
  
  Analysis from CoreLogic suggests Australia's rental market may see a reprieve from high rental growth next year as the Reserve Bank reaches the end of its latest interest rate hiking cycle.
  
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• Renters likely to see a reprieve from rising rents in 2024 as interest rates reach their peak

  19-07-2023 05:07 via abc.net.au
  
  Analysis from CoreLogic suggests Australia's rental market may see a reprieve from high rental growth next year as the Reserve Bank reaches the end of its latest interest rate hiking cycle.
  
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• Keenan appointed to Osteopore board

  19-07-2023 04:57 via businessnews.com.au
  
  Singapore and Perth-based medical technology company Osteopore has appointed former federal cabinet minister Michael Keenan to its board and promoted two of its senior employees.
  
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• J&J ordered to pay $27.6 million to man who says he got cancer from their baby powder

  19-07-2023 04:25 via abc.net.au
  
  Johnson & Johnson must pay $US18.8 million ($27.6 million) to a California man who said he developed cancer from exposure to its baby powder, a US jury has decided.
  
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• Woodside revenue slides 29pc as realised prices drop

  19-07-2023 04:08 via businessnews.com.au
  
  Woodside Energy’s revenue slipped 29 per cent during the second quarter of 2023, attributed to lower realised prices and lower production compared with the previous quarter.
  
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• NSW government found liable for losses suffered by retailers due to Sydney light rail construction

  19-07-2023 04:00 via abc.net.au
  
  A group of 300 sued Transport for NSW, alleging they suffered "unreasonable interference" from the light rail construction between the CBD, Randwick and Kingsford.
  
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• NSW government found liable for losses suffered by retailers due to CBD light rail construction

  19-07-2023 04:00 via abc.net.au
  
  A group of 300 sued Transport for NSW, alleging they suffered "unreasonable interference" from the light rail construction between the CBD, Randwick and Kingsford.
  
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• 'I've got so much debt': Retailers win court case over losses caused by Sydney light rail

  19-07-2023 04:00 via abc.net.au
  
  A group of 300 sued Transport for NSW, alleging they suffered "unreasonable interference" from the light rail construction between the CBD, Randwick and Kingsford.
  
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• Lucy feared she'd have to leave her rural town for study. Universities coming to her has changed the game

  19-07-2023 03:12 via abc.net.au
  
  Many rural and regional towns have haemorrhaged university students for decades, but an expansion of Country Universities Centres, already "going gangbusters" in St George, is about to bolster dozens more towns across Australia.
  
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• Victorians could save $490 on their winter power bills by switching from gas, report says

  19-07-2023 02:47 via abc.net.au
  
  With about 2 million homes connected to gas in Victoria, a program director for energy and climate science says a shift to electricity needs to speed up.
  
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• Jon says he makes "significant savings" using only electric appliances, even as prices rise

  19-07-2023 02:47 via abc.net.au
  
  With about 2 million homes connected to gas in Victoria, a program director for energy and climate science says a shift to electricity needs to speed up.
  
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• 'Like an episode of Utopia': Commonwealth Games cancellation leaves unanswered questions

  19-07-2023 02:43 via abc.net.au
  
  The day after Victoria dropped a sporting bombshell by pulling out of hosting the Commonwealth Games, there is still uncertainty about how the budget blew out so much and what the future holds for the Games.
  
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• Daniel Andrews defends decision to drop Commonwealth Games, amid Liberal criticism

  19-07-2023 02:43 via abc.net.au
  
  The day after Victoria dropped a sporting bombshell by pulling out of hosting the Commonwealth Games, there is still uncertainty about how the budget blew out so much and what the future holds for the Games.
  
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• Birmingham floated as possible Commonwealth Games host as fallout continues

  19-07-2023 02:43 via abc.net.au
  
  The day after Victoria dropped a sporting bombshell by pulling out of hosting the Commonwealth Games, there is still uncertainty about how the budget blew out so much and what the future holds for the Games.
  
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• AI offers Australia big economic opportunity: Microsoft

  19-07-2023 02:42 via businessnews.com.au
  
  Tools like ChatGPT could add tens of billions of dollars to the Australian economy by swallowing up repetitive manual tasks and making workers much more productive.
  
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• Northern Star stays bearish on FY24

  19-07-2023 02:31 via businessnews.com.au
  
  Northern Star has met its sales and cost targets for the 2023 financial year but will maintained a cautious outlook for the coming 12 months, in what continues to be an expensive time for miners.
  
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