Analyst news

• Live: ASX tipped to follow global stocks higher, Mattel shares rise after Barbie opening

  24-07-2023 23:43 via abc.net.au
  
  Investors are bracing for Australia's inflation data, US tech earnings and global central bank meetings. Barbie's box office opening boosts Mattel on Wall St. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX on the rise, ASIC takes Vanguard to court alleging greenwashing

  24-07-2023 23:43 via abc.net.au
  
  Investors are bracing for Australia's inflation data, US tech earnings and global central bank meetings. ASIC launches court action against Vanguard. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX rises, ASIC takes Vanguard to court alleging greenwashing — as it happened

  24-07-2023 23:43 via abc.net.au
  
  Investors are bracing for Australia's inflation data, US tech earnings and global central bank meetings. ASIC launches court action against Vanguard. Here's how the day's trade unfolded, with insights from our business reporters on the ABC News markets blog. 
  
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• Love chocolate? Prepare to fork out or cut back, as prices set to keep soaring

  24-07-2023 23:40 via abc.net.au
  
  If you think your favourite chocolate treat seems a bit more expensive than usual, you are not wrong — and analysts say factors including weather and war will keep pushing the price up.
  
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• Love chocolate? Prepare to fork out, as prices set to keep soaring

  24-07-2023 23:40 via abc.net.au
  
  If you think your favourite chocolate treat seems a bit more expensive than usual, you are not wrong — and analysts say factors including weather and war will keep pushing the price up.
  
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• From La Niña to an El Niño threat, chocolate prices facing a stormy future

  24-07-2023 23:40 via abc.net.au
  
  Stock up when you see your favourite confectionary on special because market analysts say chocolate prices are set to keep rising on the back of poor weather and the war in Ukraine.
  
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• Thousands of tonnes of soft plastics could be sent offshore, as supermarkets look to restart local recycling program

  24-07-2023 22:12 via abc.net.au
  
  The major supermarkets have started sending samples of soft plastics overseas to be recycled, as they deal with the legacy of thousands of tonnes of stockpiled plastics from the collapsed REDcycle scheme.
  
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• Thousands of tonnes of plastics could be sent offshore, as supermarkets look to restart local recycling program

  24-07-2023 22:12 via abc.net.au
  
  The major supermarkets have started sending samples of soft plastics overseas to be recycled, as they deal with the legacy of thousands of tonnes of stockpiled plastics from the collapsed REDcycle scheme.
  
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• Australian supermarkets look overseas for solutions to REDcycle soft-plastic stockpile woes

  24-07-2023 22:12 via abc.net.au
  
  The major supermarkets have started sending samples of soft plastics overseas to be recycled, as they deal with the legacy of thousands of tonnes of stockpiled plastics from the collapsed REDcycle scheme.
  
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• Construction union boss says tax on super profits needed to meet affordable housing demand

  24-07-2023 21:59 via abc.net.au
  
  CFMEU national secretary Zach Smith says more than half a trillion dollars is needed to meet Australia's demand for social and affordable housing, and the only way to raise the funds is to introduce a "circuit-breaker" tax. 
  
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• 'Illegal for a reason': Push to decriminalise low-level drug possession shot down by police minister

  24-07-2023 21:45 via abc.net.au
  
  Dave's story is pretty common; drug use and possession leading to an arrest and criminal record, which negatively affect everything afterwards. It is one example being used by advocates to plead for a change in Tasmania's drug policy.
  
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• 'Criminalisation pushes people to the margins': Calls for urgent overhaul of Tasmanian drug policy

  24-07-2023 21:45 via abc.net.au
  
  Dave's story is pretty common; drug use and possession leading to an arrest and criminal record, which negatively affect everything afterwards. It is one example being used by advocates to plead for a change in Tasmania's drug policy.
  
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• Greta Gerwig has made box office history with Barbie. Here's your guide to her previous films

  24-07-2023 21:33 via abc.net.au
  
  Barbie is a certified smash hit at the box office, with Greta Gerwig breaking the record for the biggest opening weekend for a film directed by a woman. So, who is she, and what is she planning next?
  
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• The Lindemans bought their new home at auction — and paid in cash. They're part of a growing trend

  24-07-2023 21:32 via abc.net.au
  
  Higher interest rates and rising house prices have not deterred migrants, retirees and first home buyers relying on "the bank of mum and dad" from buying property, despite data showing a lower number of property settlements.
  
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• Amineh lived in one of the most expensive cities in the world, but says Sydney's property market is tougher to crack

  24-07-2023 21:32 via abc.net.au
  
  Higher interest rates and rising house prices have not deterred migrants, retirees and first home buyers relying on "the bank of mum and dad" from buying property, despite data showing a lower number of property settlements.
  
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• FFI executive to leave Forrest empire

  24-07-2023 10:14 via businessnews.com.au
  
  Fortescue Future Industries’ finance chief Felicity Gooding has resigned after more than 10 years climbing the ranks of the Forrest business empire.
  
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• FFI executive Felicity Gooding to leave Forrest empire

  24-07-2023 10:14 via businessnews.com.au
  
  Fortescue Future Industries’ finance chief Felicity Gooding has resigned after more than 10 years climbing the ranks of the Forrest business empire.
  Ms Gooding will leave FFI at the end of September as the company nears a major point in its global green energy ambitions.
  
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• Kalium Lakes revise agreement for Beyondie work

  24-07-2023 10:13 via businessnews.com.au
  
  Sulphate of potash developer Kalium Lakes has announced revisions to its services agreement with German engineering firm Ebtec GbR in relation to work on the Beyondie Mine.
  
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• At Close of Business podcast July 24 2023

  24-07-2023 10:03 via businessnews.com.au
  
  Senior journalists Mark Pownall and Jack McGinn discuss moves to foster an innovative startup environment in Western Australia.
  Plus: Wright-Hancock trial begins; Rio’s US JV, and Modco enters administration.
  
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• Scammers are using popular psychic's identities to trick people out of money

  24-07-2023 09:02 via abc.net.au
  
  Scammers are using popular psychics' identities to trick people out of money on social media. Scamwatch is warning Australians to be vigilant online.
  
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• Rise in online scammers posing as psychics preying on Australian believers

  24-07-2023 09:02 via abc.net.au
  
  Scammers are using popular psychics' identities to trick people out of money on social media. Scamwatch is warning Australians to be vigilant online.
  
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• US deposit write-down sours South32 production records

  24-07-2023 09:00 via businessnews.com.au
  
  A million-dollar earnings hit on development of a North American mine has soured an upbeat quarter for South32, which hailed three annual production records while flagging further growth.
  
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• Aust shares edge lower at start of ‘huge week’

  24-07-2023 08:58 via businessnews.com.au
  
  The local share market has finished down 0.1 per cent ahead of crucial domestic inflation and retail sales readouts and a likely US rate hike.
  
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• NOPSEMA flags Prelude safety breach

  24-07-2023 08:42 via businessnews.com.au
  
  Shell Australia’s Prelude project has caught the attention of the national offshore energy regulator, after a process was found to have put staff at risk of explosion or fire during a recent inspection.
  
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• Fortescue heralds first magnetite export

  24-07-2023 08:25 via businessnews.com.au
  
  First magnetite from Fortescue's delay-riddled Iron Bridge operation have been loaded and are bound for Vietnam, with CEO Fiona Hick indicating ramp up is still on track despite 'complexities'.
  
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• Here's what happened on day one of the long-awaited showdown between mining heiresses

  24-07-2023 08:13 via abc.net.au
  
  The descendants of late mining magnate Peter Wright claim they are entitled to a bigger share of iron ore royalties based on an agreement struck with Lang Hancock in the 1970s, the WA Supreme Court hears. 
  
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• Hancock Prospecting 'breached duties' under decades-old iron ore agreement, court hears

  24-07-2023 08:13 via abc.net.au
  
  The descendants of late mining magnate Peter Wright claim they are entitled to a bigger share of iron ore royalties based on an agreement struck with Lang Hancock in the 1970s, the WA Supreme Court hears. 
  
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• Ignorance a risk to food supplies

  24-07-2023 08:00 via businessnews.com.au
  
  Balancing the competing needs of producers and the communities in which they operate is a growing challenge.
  
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• Wright, Hancock trial starts with packed court

  24-07-2023 07:48 via businessnews.com.au
  
  Dozens of lawyers have filled a courtroom for the start of a legal showdown between descendants of mining pioneers Lang Hancock and Peter Wright over billions of dollars in iron ore royalties.
  
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• Rockingham basketball upgrade as by-election looms

  24-07-2023 06:15 via businessnews.com.au
  
  WA Labor has committed to a $10 million upgrade at Rockingham’s Mike Barnett Sporting Complex, a week out from the by-election which will decide Mark McGowan’s replacement in state parliament.
  
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• WA Government eyes residential hub around new Midland train station

  24-07-2023 06:02 via businessnews.com.au
  
  Major works have begun to shunt Midland’s ageing rail terminus up the track to a new train station in a move the State Government hopes will fulfill a longstanding ambition for transit-oriented residential and commercial development.
  
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• State eyes Midland station residential hub

  24-07-2023 06:02 via businessnews.com.au
  
  Major works have begun to shunt Midland’s ageing rail terminus up the track to a new train station in a move the state government hopes will fulfil a longstanding ambition for transit-oriented residential and commercial development.
  
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• Fenix finalises Mid West asset acquisition

  24-07-2023 05:59 via businessnews.com.au
  
  Iron ore producer Fenix Resources has finalised its acquisition of Mount Gibson Iron’s Mid West iron ore, port and rail assets.
  
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• Rio Tinto enters $US700m recycled aluminium JV

  24-07-2023 05:13 via businessnews.com.au
  
  Rio Tinto has entered a joint venture agreement with North American company Giampaolo Group to manufacture and market recycled aluminium products.
  
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• Rio Tinto enters recycled aluminium JV

  24-07-2023 05:13 via businessnews.com.au
  
  Rio Tinto has entered a joint venture agreement with North American company Giampaolo Group to manufacture and market recycled aluminium products.
  
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• Rio Tinto enters $1.3bn recycled aluminium JV

  24-07-2023 05:13 via businessnews.com.au
  
  Rio Tinto has entered a joint venture agreement with North American company Giampaolo Group to manufacture and market recycled aluminium products.
  
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• Rio announces recycled aluminium JV

  24-07-2023 05:13 via businessnews.com.au
  
  Rio Tinto has entered a joint venture agreement with North American company Giampaolo Group to manufacture and market recycled aluminium products.
  
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• Administrators called to Modco

  24-07-2023 05:04 via businessnews.com.au
  
  The building company is set to close its doors, following months of speculation about its potential collapse.
  
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• Stokes returns to Beach Energy board

  24-07-2023 04:55 via businessnews.com.au
  
  Seven Group Holdings chief executive Ryan Stokes has returned to the board of Beach Energy, replacing Margaret Hall as a designated director of the investment group.
  
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• Pacific workers in Tasmania, Queensland in limbo as large employer quits PALM scheme

  24-07-2023 03:42 via abc.net.au
  
  More than 200 Pacific workers have been left in limbo after their employer Linx Employment agreed to end its participation in the Pacific Australia Labour Mobility scheme amid worker treatment investigations.
  
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• Support entrepreneurs and reap rewards

  24-07-2023 02:52 via businessnews.com.au
  
  WA’s startup ecosystem is growing, as a recent series of events for international visitors hosted in Perth attests.
  
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• New laws to help casual workers become permanent

  24-07-2023 02:16 via businessnews.com.au
  
  Giving casual workers the right to become permanent employees will not affect business profits, the employment minister says, as the federal government seeks to shake up industrial relations laws. 
  
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• Home owners to wait months for financial relief from cyclone insurance scheme, says broker

  24-07-2023 01:42 via abc.net.au
  
  Home insurance premiums in the Kimberley cost four times more than in capital cities, and it could take a year before a federal government scheme helps to alleviate the costs.
  
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• Miners, banks drag ASX into the red, treasurer appoints new productivity tsar — as it happened

  24-07-2023 01:15 via abc.net.au
  
  The ASX ends lower as the big mining sector weighs on the broader market, while the treasurer has announced the next head of the Productivity Commission. Look back on the day's events and insights on the ABC News business team blog.
  
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• Live: ASX set for modest gains as traders nervously await inflation data

  24-07-2023 01:15 via abc.net.au
  
  The Australian share market is poised for moderate gains after generally underperforming Wall Street, but all eyes will be on the local inflation data out on Wednesday. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX edges up with inflation data looming, treasurer appoints new productivity tsar

  24-07-2023 01:15 via abc.net.au
  
  The Australian share market is making small gains to start the week, while the treasurer has announced the next head of the Productivity Commission. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX edges up as traders nervously await inflation data

  24-07-2023 01:15 via abc.net.au
  
  The Australian share market is making small gains to start the week, but all eyes will be on the local inflation data out on Wednesday. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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