Analyst news

• Darwin barramundi facility aims to cut waste, reduce food miles

  03-08-2023 23:38 via abc.net.au
  
  For a long time a lot of the region's wild-caught barra was sent to southern states for processing, but Darwin's first major fish processing facility aims to cut the distance fresh seafood travels before hitting local plates.
  
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• Live: Amazon earnings surge; ASX tipped to dip

  03-08-2023 23:37 via abc.net.au
  
  US earnings season continues with results from Amazon, Apple and Atlassian. Local traders will be waiting RBA's statement on monetary policy. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: ACCC rejects ANZ's $4.9b takeover of Suncorp, Amazon earnings surge, ASX flatlines at open

  03-08-2023 23:37 via abc.net.au
  
  Australia's competition watchdog has rejected ANZ's proposed takeover of Suncorp's bank, while local traders await the RBA's latest statement on monetary policy. Follow live.
  
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• ACCC rejects ANZ's $4.9b takeover of Suncorp, Amazon earnings surge, ASX rises — as it happened

  03-08-2023 23:37 via abc.net.au
  
  Australia's competition watchdog has rejected ANZ's proposed takeover of Suncorp's bank, while the ASX 200 closes higher. The RBA lowers its growth and inflation forecasts. Here's how the session unfolded.
  
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• One of Australia's smallest football leagues is fighting to survive

  03-08-2023 23:31 via abc.net.au
  
  On King Island, amid a burgeoning luxury golf and tourism market, one of Australia's smallest football leagues is fighting to survive.
  
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• In one of the smallest football competitions in Australia, even the ABC is forced to fill in

  03-08-2023 23:31 via abc.net.au
  
  On King Island, amid a burgeoning luxury golf and tourism market, one of Australia's smallest football leagues is fighting to survive.
  
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• In a footy league that has just three teams, the community is fighting to find ways to keep the game alive

  03-08-2023 23:31 via abc.net.au
  
  On King Island, amid a burgeoning luxury golf and tourism market, one of Australia's smallest football leagues is fighting to survive.
  
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• $8 milk and ABC ring-ins: Inside a tiny footy league's fight to survive

  03-08-2023 23:31 via abc.net.au
  
  On King Island, amid a burgeoning luxury golf and tourism market, one of Australia's smallest football leagues is fighting to survive.
  
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• Perth drinking water still being used to water regional parks and gardens as water recycling scheme stalls

  03-08-2023 23:19 via abc.net.au
  
  A sustainability expert says using recycled water on parks and gardens is essential in WA's climate. But despite handing over almost $12 million for a scheme in regional WA, the state government says its project is still in the design phase.
  
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• Restoration Australia host Anthony Burke has seen all the renovation traps. These are his tips for avoiding them

  03-08-2023 23:01 via abc.net.au
  
  It's the running joke of home renovation shows — no-one delivers their project on time or on budget. Host of Restoration Australia, and a professor of architecture, Anthony Burke warns it's not the only area where would-be renovators and home builders come unstuck.
  
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• Architect professor Anthony Burke has seen all the renovation traps. Here are his tips for avoiding them

  03-08-2023 23:01 via abc.net.au
  
  It's the running joke of home renovation shows — no-one delivers their project on time or on budget. Host of Restoration Australia, and professor of architecture, Anthony Burke warns it's not the only area where would-be renovators and home builders come unstuck.
  
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• Regulation hindering Australia's electric vehicle transition, report finds

  03-08-2023 22:20 via abc.net.au
  
  A report has found Australia's EV transition is lagging behind countries such as China and Thailand due to "outdated" regulations.
  
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• EV strategy has to accelerate, says report, as Australia falls behind

  03-08-2023 22:20 via abc.net.au
  
  Electric Vehicle Council finds Australia's transition is lagging behind countries including China and Thailand due to "outdated" regulations.
  
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• 'Terrible leak': Texts between AFP commissioner and PwC partner raise questions over conflict of interest on contract

  03-08-2023 20:04 via abc.net.au
  
  A senator challenges why AFP Commissioner Reece Kershaw did not disclose his friendship with a senior PwC partner while designing a contract with the firm, as SMS exchanges show plans to catch up over a beer, jokes and references to leaks.
  
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• SMS exchanges between AFP commissioner and PwC 'mate' revealed, as top cop faces questions over conflict of interest

  03-08-2023 20:04 via abc.net.au
  
  A senator challenges why AFP Commissioner Reece Kershaw did not disclose his friendship with a senior PwC partner while designing a contract with the firm, as SMS exchanges show plans to catch up over a beer, jokes and references to leaks.
  
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• Protesters arrested after climbing atop UK PM's mansion and covering it in black fabric

  03-08-2023 16:28 via abc.net.au
  
  Police make multiple arrests after the five-hour protest against new oil and gas projects at Rishi Sunak's Yorkshire property, prompting calls for investigations into security breach.
  
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• Australia's space industry 'in limbo' after key programs axed

  03-08-2023 12:30 via abc.net.au
  
  Australia's space industry is warning the sector is "in limbo" and facing an uncertain future after the axing of several key space programs.
  
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• Change afoot on Cottesloe strip

  03-08-2023 10:04 via businessnews.com.au
  
  A series of developments is set to change the face of the coastal suburb, after years of stagnation.
  
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• At Close of Business podcast August 3 2023

  03-08-2023 10:02 via businessnews.com.au
  
  Jack McGinn and Claire Tyrrell discuss a trend towards developments along the coastal strip in Cottesloe.
  
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• Lawyers probe Rinehart children’s emails

  03-08-2023 09:59 via businessnews.com.au
  
  Bianca Rinehart has backflipped on her initial resistance towards siding with her brother John Hancock to fight their mother, Gina Rinehart, the Supreme Court of WA has heard.
  
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• Retailers buckle up, households tighten belts

  03-08-2023 09:49 via businessnews.com.au
  
  Retail trade in volume terms fell for the third quarter in a row, the first time this has occurred since the global financial crisis.
  
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• Aust stocks down again over Fitch fallout, US jobs data

  03-08-2023 09:45 via businessnews.com.au
  
  The local share market has closed down 0.6 per cent following a big sell-off on Wall Street, with one analyst calling the correction perhaps overdue.
  
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• Novo plans for ASX debut

  03-08-2023 09:44 via businessnews.com.au
  
  Canadian explorer Novo Resources is seeking to list on the Australian Securities Exchange with a $4 million raise to bolster exploration at its Pilbara assets.
  
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• Bankwest to close more Perth branches

  03-08-2023 09:15 via businessnews.com.au
  
  Bankwest will shut the doors of three of its Perth metro branches by the end of the year due to the stores becoming “increasingly unsustainable” to operate amidst a shift to digital banking.
  
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• CCI plays down ‘pessimistic’ forecasting

  03-08-2023 09:07 via businessnews.com.au
  
  Recent predictions of cooling Western Australian gross state product growth based on Chinese appetite for iron ore are pessimistic, according to the Chamber of Commerce and Industry.
  
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• Cracking good reds from Forester

  03-08-2023 08:00 via businessnews.com.au
  
  Located at the northern end of Margaret River, Forester Estate captures the regional characters of this slightly warmer part of the region.
  
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• WWF releases findings on states fighting deforestation. NSW ranked last

  03-08-2023 07:58 via abc.net.au
  
  World Wildlife Fund Australia is urging environmental reforms in NSW after the state ranked last in its efforts to fight deforestation.
  
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• WWF ranks NSW last among every state, federal government for fighting deforestation

  03-08-2023 07:58 via abc.net.au
  
  World Wildlife Fund Australia is urging environmental reforms in NSW after the state ranked last in its efforts to fight deforestation.
  
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• World Wildlife Fund ranks SA first and NSW last when it comes to fighting deforestation

  03-08-2023 07:58 via abc.net.au
  
  World Wildlife Fund Australia is urging environmental reforms in NSW after the state ranked last in its efforts to fight deforestation.
  
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• Fixing water woes spurs ex-tradie’s job shift

  03-08-2023 07:01 via businessnews.com.au
  
  It was on a volunteer trip overseas to check in on a village classroom where ex-boilermaker Lucas Farrell made the decision he wanted to make a significant contribution to his community.
  
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• NSW anti-corruption body criticised for 'guilty until proven innocent' model

  03-08-2023 06:57 via abc.net.au
  
  A Nationals senator criticises the ministerial sacking of Labor MP Tim Crakanthorp, who resigned as a minister over failing to disclose property assets.
  
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• Liontown moves on ore product sale

  03-08-2023 06:50 via businessnews.com.au
  
  Liontown Resources has pushed ahead with a decision to sell direct shipping ore to unlock an early source of revenue for its Kathleen Valley lithium venture.
  
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• Big business adds jobs to Voice

  03-08-2023 06:25 via businessnews.com.au
  
  The lobby group for big business has backed up its support for a Voice to Parliament by disclosing its members have substantially boosted their indigenous employment and procurement.
  
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• ABC reporter denies being 'wilfully blind' to soldier's version of events over war crimes claim, court told

  03-08-2023 05:50 via abc.net.au
  
  The second journalist involved in stories a former commando claims defamed him tells a court the reporting was about "an important public interest matter".
  
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• ASIC suspends AFSL at Perth fund manager

  03-08-2023 05:15 via businessnews.com.au
  
  West Perth-based fund manager NWQ Asset Management has been suspended from providing financial services for two of its funds by the financial services watchdog.
  
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• Reynolds actions Higgins defamation suit

  03-08-2023 05:12 via businessnews.com.au
  
  The Western Australian senator is suing Brittany Higgins over two social media posts as well as claiming the former staffer breached a non-disparagement clause from 2021.
  
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• Drivers 'very lucky' not to be hurt in Rainbow Beach landslip

  03-08-2023 05:07 via abc.net.au
  
  A major landslip has buried a car and damaged another at a popular tourist destination. Residents say it is the biggest slip they have seen in the region.
  
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• Banned NT media outlet threatens legal action over chief minister's 'misinformation' claim

  03-08-2023 05:03 via abc.net.au
  
  The NT Independent is the subject of a prolonged NT government ban, which Chief Minister Natasha Fyles has defended by claiming it publishes "misinformation". 
  
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• Buru outlines Rafael gas strategy

  03-08-2023 05:02 via businessnews.com.au
  
  Buru Energy will explore commercialising its Rafael gas and condensate discovery in the Canning Basin by 2027 through a phased development strategy announced today.
  
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• Live cattle exporters await lumpy skin disease testing, responding to Indonesian concerns

  03-08-2023 04:43 via abc.net.au
  
  Cattle producers in northern Australia are facing a nervous wait, as authorities scramble to test animals for lumpy skin disease to reassure Indonesian authorities it is not in the country.
  
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• Farmers await lumpy skin disease testing after claims infected cattle from Australia have entered Indonesia

  03-08-2023 04:43 via abc.net.au
  
  Cattle producers in northern Australia are facing a nervous wait, as authorities scramble to test animals for lumpy skin disease to reassure Indonesian authorities it is not in the country.
  
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• Are sister city relationships meaningful, or just an excuse for junkets?

  03-08-2023 04:29 via abc.net.au
  
  A WA town is reviewing its five relationships after a council flagged issues with one Chinese city, but a local government expert says they still have value.
  
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• Are sister city relationships meaningful or just an excuse for councillor junkets?

  03-08-2023 04:29 via abc.net.au
  
  A WA town is reviewing its five international relationships after a council flagged a "no-value" issue with a Chinese city, but a local government expert says they still have a place.
  
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• Lithium price a boon for Albemarle

  03-08-2023 04:25 via businessnews.com.au
  
  Lithium prices led Kemerton plant owner Albemarle Corporation to record US$2.4 billion ($3.67 billion) in sales in the June quarter, up 60 per cent from same quarter in 2022.
  
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• Industrial action could lead to fuel outages in the NT, peak body says

  03-08-2023 03:15 via abc.net.au
  
  The national peak body for fuel retailers says local petrol stations are prepared to mitigate possible fuel outages as a result of industrial action at the Darwin port.
  
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• 'No excuse' for construction site injuries says minister after 'devastating' week

  03-08-2023 03:08 via abc.net.au
  
  Three Illawarra workers under the age of 25 were rushed to hospital with serious injuries sustained on work sites in the space of a week, with one tragically losing his life.
  
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• Queensland farmland might be sitting on a mountain of buried copper amid global shortage

  03-08-2023 02:54 via abc.net.au
  
  There is the potential for dozens of new copper mines near Central Queensland's Mount Chalmers mine, most of them on farms, a mining company says.
  
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• Manufacturing Australia's answer to climate crisis

  03-08-2023 02:46 via businessnews.com.au
  
  Renewable energy can spark an industrial turnaround in Australia and help to solve the global climate crisis, a national manufacturing summit will be told.
  
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• Tips to navigate beautiful Lake Como

  03-08-2023 02:00 via businessnews.com.au
  
  The popular tourist destination needs planning if you are to get the most out of it.
  
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• Balloon releases banned as Queensland launches plastics hit list

  03-08-2023 01:41 via abc.net.au
  
  A range of single-use plastics will be banned from September 1 as the Queensland government weighs up if it will go ahead with even more bans next year.
  
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