Analyst news

• Live: Price rise pull-back predicted, IMF warns of economic challenges, US stocks rise

  25-07-2023 23:29 via abc.net.au
  
  Economists predict rapid rate rises by the Reserve Bank will see a slow down in price rises over the June quarter, while the International Monetary Fund warns of persistent challenges for the global economy. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Inflation pull-back predicted, IMF warns of economic challenges, US stocks rise

  25-07-2023 23:29 via abc.net.au
  
  Economists predict rapid rate rises by the Reserve Bank will see a slow down in price rises over the June quarter, while the International Monetary Fund warns of persistent challenges for the global economy. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Inflation falls to 6pc as interest rate hikes slow demand, IMF warns of economic challenges, US stocks rise

  25-07-2023 23:29 via abc.net.au
  
  Inflation for the June quarter has fallen more than expected by economists, while the International Monetary Fund warns of persistent challenges for the global economy. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Inflation falls to 6 per cent as interest rate hikes dampen demand, ASX surges, IMF warns of economic challenges

  25-07-2023 23:29 via abc.net.au
  
  Consumer inflation for the June quarter falls more than expected by economists, while the IMF warns of persistent challenges for the global economy. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX surges to five-month high as inflation falls to 6 per cent raising hopes of another Reserve Bank rate pause — as it happened

  25-07-2023 23:29 via abc.net.au
  
  Market traders are betting that the Reserve Bank will keep interest rates on hold again next month after consumer inflation pulled back from April to June. 
  
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• Rachel's home insurance payments increased by $840 this year. She's just one Australian sharing the cost of more claims

  25-07-2023 22:45 via abc.net.au
  
  One in 25 Australians have lodged an insurance claim because of extreme weather since 2020, but should the remaining policyholders be responsible for sharing the cost of increased premiums? 
  
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• 'More money for mining executives': Land council criticises proposed changes to royalties system

  25-07-2023 22:38 via abc.net.au
  
  With hundreds of millions of dollars in mining revenue due to stop in the Northern Territory by the decade's end, the territory government is proposing a massive shake-up of the system. 
  
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• Chris wants to make EVs less scary for regional drivers. New sales show it may not be difficult

  25-07-2023 22:11 via abc.net.au
  
  Since buying an electric car two years ago, Chris Roulston has fully embraced his electric lifestyle. He wants others to make the switch too.
  
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• Messi spurned $2.4b so he could play soccer for David Beckham in Miami. Here's why it's a savvy move

  25-07-2023 21:26 via abc.net.au
  
  Soccer hasn't been a particularly popular sport in the United States, but its upward trajectory may be about to go stratospheric as Lionel Messi signs a lucrative deal with Inter Miami.
  
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• How soccer's greatest star was lured to America by the Beckhams and a promise of many millions

  25-07-2023 21:26 via abc.net.au
  
  Soccer hasn't been a particularly popular sport in the United States, but its upward trajectory may be about to go stratospheric as Lionel Messi signs a lucrative deal with Inter Miami.
  
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• Western Sydney retailers hit hard by light rail project delays renew compensation calls after class action win

  25-07-2023 21:14 via abc.net.au
  
  A legal win for businesses that suffered losses during the construction of the Sydney CBD light rail, is a "positive development" for Parramatta retailers in the same predicament.
  
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• Western Sydney businesses 'go under' as they await delayed light rail project

  25-07-2023 21:14 via abc.net.au
  
  A legal win for businesses that suffered losses during the construction of the Sydney CBD light rail, is a "positive development" for Parramatta retailers in the same predicament.
  
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• REDcycle founder says she had 'no doubt' stockpiled plastic would be recycled

  25-07-2023 21:09 via abc.net.au
  
  Liz Kasell, who founded the REDcycle soft plastic recycling scheme which collapsed with thousands of tonnes of plastic stockpiled in warehouses across the country, insists she believed materials being collected by the company would be saved from landfill.
  
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• Two men found the oldest bottles of rum in the world. They decided to do a taste test

  25-07-2023 21:00 via abc.net.au
  
  Britain is having a belated reckoning with its slave past — a past that is closely connected to rum.
  
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• 'A wicked, evil mindset': Behind many historic British buildings, there's a very uncomfortable truth

  25-07-2023 21:00 via abc.net.au
  
  Britain is having a belated reckoning with its slave past — a past that is closely connected to rum.
  
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• Nearly a million borrowers are 'extremely at risk' of mortgage stress, but very few are defaulting yet

  25-07-2023 20:41 via abc.net.au
  
  The level of mortgage arrears is creeping higher and the number of borrowers at risk of mortgage stress is at its highest level since 2008.
  
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• Mortgage arrears rising as 'at risk' borrowers hit pre-GFC peaks

  25-07-2023 20:41 via abc.net.au
  
  The level of mortgage arrears is creeping higher and the number of borrowers at risk of mortgage stress is at its highest level since 2008.
  
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• Russia rebuffs UN call to resume Black Sea grain export deal

  25-07-2023 13:37 via abc.net.au
  
  The Kremlin says it cannot return to the UN-brokered deal to ensure global food security, because there has been no progress on ensuring Russian exports in the face of Western sanctions.
  
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• WA firm's grant win bolsters Earth observation data

  25-07-2023 10:51 via businessnews.com.au
  
  A Perth-based Earth observation company is hopeful a WA Government grant could prove the catalyst for WA to become a regional leader in satellite data-driven technology.
  
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• Multi-billion-dollar decision looms for Australia to replace Vietnam War-era army vehicles

  25-07-2023 10:50 via abc.net.au
  
  A ferocious battle is playing out inside the corporate boardrooms of Germany and South Korea, as a decision looms on a five-year-long tendering process for one of the Australian Army's most lucrative contracts on record.
  
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• A new fee will invest millions in renewable energy zones. But the community wants it to benefit the most needy

  25-07-2023 10:40 via abc.net.au
  
  Regional communities will be able to access hundreds of millions of dollars in a new fund created to spread the benefits of the renewables boom.
  
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• Miners keep ASX in the green

  25-07-2023 10:16 via businessnews.com.au
  
  The local share market has finished up 0.5 per cent, with the mining sector rising 2.7 per cent in its best single-day performance since March 2.
  
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• At Close of Business podcast July 25 2023

  25-07-2023 10:16 via businessnews.com.au
  
  Senior journalists Claire Tyrrell and Jack McGinn discuss three decades of change in Perth’s planning landscape as told by staff at local firm Taylor Burrell Barnett.
  
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• Talon comes forward with Strike approach

  25-07-2023 09:46 via businessnews.com.au
  
  Perth Basin resident Strike Energy made an unsolicited proposal for its joint venture partner Talon Energy that has since been withdrawn.
  
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• Strike makes Talon move

  25-07-2023 09:46 via businessnews.com.au
  
  Perth Basin resident Strike Energy made an unsolicited proposal for its joint venture partner Talon Energy that has since been withdrawn.
  
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• Strike makes, strikes Talon move

  25-07-2023 09:46 via businessnews.com.au
  
  Perth Basin resident Strike Energy made an unsolicited proposal for its joint venture partner Talon Energy that has since been withdrawn.
  
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• Scenery, altitude take your breath away

  25-07-2023 09:44 via businessnews.com.au
  
  Alpine railways, cable cars and panoramic views are all part of the Matterhorn experience.
  
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• ATCO scraps hydrogen project

  25-07-2023 09:35 via businessnews.com.au
  
  International energy company ATCO has scrapped plans to build what had been promoted as one of Western Australia’s first commercial-scale green hydrogen projects.
  
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• Deloitte buys Mainsheet Capital

  25-07-2023 09:28 via businessnews.com.au
  
  Perth corporate adviser Maurice Argento has sold his boutique consulting firm to Deloitte, marking the second time he has sold his business to one of the ‘big 4’.
  
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• These men are making sandwiches for hungry WA kids as cost of living sends Foodbank records tumbling

  25-07-2023 09:04 via abc.net.au
  
  With one in five children going without a meal every day, the Eat Up program works to help volunteer groups make and deliver hundreds of sandwiches each month as demand for Foodbank's services soars in parts of the state.
  
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• PMH design guidelines approved

  25-07-2023 09:04 via businessnews.com.au
  
  The state government sign-off will allow for up to 1,000 apartments to be built on the historic Subiaco precinct.
  
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• Three Victorian Farmers Federation board directors quit over 'lack of consultation'

  25-07-2023 08:58 via abc.net.au
  
  The internal battle for the future of Victoria's peak farming body has intensified today, following the shock exit of three board directors citing communication issues.
  
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• NSW premier refuses to rule out cancelling $25bn Metro West project after cost blowout

  25-07-2023 08:05 via abc.net.au
  
  The new rail line which will cut travel time between Sydney's CBD and Parramatta to about 20 minutes has significantly blown out in costs.
  
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• $9bn cost blowout could see major Sydney rail project scrapped, NSW premier says

  25-07-2023 08:05 via abc.net.au
  
  The new rail line which will cut travel time between Sydney's CBD and Parramatta to about 20 minutes has significantly blown out in costs.
  
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• Hellenic Club receives approval for $146m redevelopment that includes hotel, restaurants, infinity pool

  25-07-2023 07:57 via abc.net.au
  
  Three development applications for the Hellenic Club in Woden have been approved by the ACT's Environment, Planning and Sustainable Development Directorate, with construction scheduled to begin next year.
  
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• Lawyers comb through Hancock, Wright letters

  25-07-2023 07:47 via businessnews.com.au
  
  A lawyer for Wright Prospecting claims Gina Rinehart and her father Lang Hancock knew disputed Pilbara tenements were held on behalf of the Hancock and Wright partnership since the mid-1980s, a court heard today.
  
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• What the merger between retail giants Kmart and Target could mean for your weekly shopping routine

  25-07-2023 07:41 via abc.net.au
  
  The change has been downplayed as an "internal reorganisation" that will only result in "a handful" of redundancies. 
  
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• Kmart and Target are merging. But it doesn't mean store closures

  25-07-2023 07:41 via abc.net.au
  
  The change has been downplayed as an "internal reorganisation" that will only result in "a handful" of redundancies. 
  
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• Industrial action risk in Woodside EBA dispute

  25-07-2023 07:35 via businessnews.com.au
  
  The union alliance representing workers on Woodside Energy’s LNG platforms has put industrial action on the table as it furthers its push for an enterprise bargaining agreement.
  
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• Lawyers say an almost 40-year-old letter proves Gina Rinehart knew lucrative iron ore mines were not just hers

  25-07-2023 07:32 via abc.net.au
  
  The claim the mining magnate knew her company's Hope Downs mines were part of a joint partnership are central to a high-profile dispute over unpaid royalties playing out in court.
  
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• Lawyers say 1986 letter proves Gina Rinehart knew lucrative iron ore mines were not just hers

  25-07-2023 07:32 via abc.net.au
  
  The claim the mining magnate knew her company's Hope Downs mines were part of a joint partnership are central to a high-profile dispute over unpaid royalties playing out in court.
  
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• Pilbara upbeat despite lithium dip

  25-07-2023 06:53 via businessnews.com.au
  
  Western Australia’s lithium poster child Pilbara Minerals has copped lower revenues for the quarter as spodumene concentrate prices descended from the lofty highs at the start of 2023.
  
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• New $200m Monadelphous deal

  25-07-2023 06:24 via businessnews.com.au
  
  Monadelphous has been contracted for $200 million worth of construction work on Albemarle’s billion-dollar Kemerton lithium hydroxide plant expansion in WA’s South West.
  
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• Monadelphous wins $200m Kemerton work

  25-07-2023 06:24 via businessnews.com.au
  
  Monadelphous has been contracted for $200 million worth of construction work on Albemarle’s billion-dollar Kemerton lithium hydroxide plant expansion in WA’s south west.
  
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• Records set for Perth sale times, rents in FY22

  25-07-2023 04:43 via businessnews.com.au
  
  Recent data from REIWA shows a record average sale time for houses of 10 days, as well as record rental yields and vacancy rates.
  
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• Records set for Perth sale times, rents

  25-07-2023 04:43 via businessnews.com.au
  
  Recent data from REIWA shows a record average sale time for houses of 10 days, as well as record rental yields and vacancy rates.
  
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• Perth sale times, rent records

  25-07-2023 04:43 via businessnews.com.au
  
  Recent data from REIWA shows a record average sale time for houses of 10 days, as well as record rental yields and vacancy rates.
  
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• Strong June quarter lifts Mader

  25-07-2023 04:11 via businessnews.com.au
  
  Industrial services firm Mader Group has smashed through its market guidance with a record $172.9 million June quarter revenue across its global operations to end the financial year.
  
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• Record June quarter lifts Mader

  25-07-2023 04:11 via businessnews.com.au
  
  Industrial services firm Mader Group has smashed through its market guidance with a record $172.9 million June quarter revenue across its global operations to end the financial year.
  
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• Canadian growth, local demand lifts Mader

  25-07-2023 04:11 via businessnews.com.au
  
  Industrial services firm Mader Group has smashed through its market guidance with a record $172.9m June quarter revenue across its global operations to end the financial year.
  
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