Analyst news

• Live: Elon Musk successor steps down from Tesla, US stocks regain lost ground ahead of inflation report

  07-08-2023 23:26 via abc.net.au
  
  Tesla's chief financial officer, Zachary Kirkhorn, leaves the electric car-maker, and US stocks finish higher after last week's losses ahead of inflation report.  Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Elon Musk successor steps down from Tesla, ASX gains after Wall Street rally ahead of inflation report

  07-08-2023 23:26 via abc.net.au
  
  Tesla's chief financial officer, Zachary Kirkhorn, leaves the electric car-maker, and the ASX is higher after a rise on Wall Street ahead of the inflation report.  Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX treads water despite Wall Street gains, China trade flop, and weak consumer confidence weighs on investors — as it happened

  07-08-2023 23:26 via abc.net.au
  
  The Australian share market ran out of steam as falling exports and imports in China weighed on investors.  James Hardie jumped after it saw first quarter profit rise. 
  
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• Could tax perks for donating 'ugly' or excess produce help solve Australia's food waste woes?

  07-08-2023 23:21 via abc.net.au
  
  Australia's largest food relief charity wants the federal government to change its tax arrangements to make donating unwanted produce less costly for businesses.
  
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• Inmates eager to ramp up home building for Indigenous communities

  07-08-2023 22:31 via abc.net.au
  
  Correctional Services NSW has agreed to increase the number of inmate-built modular homes for the Aboriginal Housing Office, with a real need for five-bedroom homes and a workforce eager to build skills.
  
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• Racing game becomes universally relatable story in Gran Turismo

  07-08-2023 22:27 via abc.net.au
  
  Neill Blomkamp directs a biopic about a British racing driver who started his career on a racing simulator video game.
  
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• Bec and Sarah didn't want to repair a property that could just flood again. Turns out, their insurance claim wasn't that simple

  07-08-2023 21:59 via abc.net.au
  
  Australians are facing a "broken" insurance system as the risk of bushfires, floods and cyclones increases with climate change, a new report out today says.
  
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• Timber once destined to become paper is now helping build high-rises

  07-08-2023 21:36 via abc.net.au
  
  Tasmania's first multi-storey building using timber is taking shape on the city skyline, as pressure grows to use alternatives to greenhouse-gas-intensive materials like steel.
  
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• 'The speed of construction has really surprised us': Multi-storey timber building takes shape

  07-08-2023 21:36 via abc.net.au
  
  Tasmania's first multi-storey building using timber is taking shape on the city skyline, as pressure grows to use alternatives to greenhouse-gas-intensive materials like steel.
  
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• NSW nurses accept government's 4pc pay rise in narrow vote 'driven by cost of living'

  07-08-2023 13:54 via abc.net.au
  
  The vote by the NSW Nurses and Midwives' Association staves off industrial action, but the union says its members recognise 4 per cent isn't enough and vow to continue their fight for better pay.
  
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• Liontown happy being ‘fast-follower’ in downstream pursuits

  07-08-2023 12:28 via businessnews.com.au
  
  The Tony Ottaviano-led lithium hopeful receives a $300 million government loan boost for its costly Kathleen Valley development, as it weighs up options for downstream processing.
  
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• Chalice continues Julimar negotiations

  07-08-2023 10:04 via businessnews.com.au
  
  From mid-cap miners to car makers, Chalice Mining chief Alex Dorsch says he’s been ‘pleasantly surprised’ at the inbound interest to partner on the explorer’s budding Julimar project.
  
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• ‘Shambolic’: final salvo fired at Heritage chaos

  07-08-2023 10:03 via businessnews.com.au
  
  WA’s Opposition leader has described the chaotic rollout of new heritage laws as “horrific” in a final salvo hours before the Labor caucus meets to discuss the future of the Act on Monday night.
  
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• At Close of Business podcast August 7 2023

  07-08-2023 09:52 via businessnews.com.au
  
  Claire Tyrrell and Jack McGinn discuss the outlook for offices in the Perth CBD.
  
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• Aust stocks finish lower as earning season kicks off

  07-08-2023 09:49 via businessnews.com.au
  
  The local share market has finished down 0.2 per cent as a slew of major companies prepare to release their earning reports this week.
  
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• Education boss reveals department using Gonski funding to spruik new technical colleges

  07-08-2023 09:41 via abc.net.au
  
  It's been revealed the SA government is spending $1.2 million of funding allocated for public schools on an advertising campaign spruiking five technical colleges it promised to build if elected, sparking criticism from teachers and the opposition. 
  
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• Uncertainty defines cultural heritage saga

  07-08-2023 09:38 via businessnews.com.au
  
  Uncertainty has been a hallmark of the contentious rollout of Aboriginal Cultural Heritage laws, even as those opposed claim victory amid rumours of their repeal.
  
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• 'Pretty spectacular': lithium posterchild spruiks outlook

  07-08-2023 08:51 via businessnews.com.au
  
  Pilbara Minerals boss and Diggers & Dealers headline act Dale Henderson recounts a bountiful year to the busy forum, but opts for diplomacy regarding the lack of clarity surrounding the state's Heritage Laws.
  
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• Yindjibarndi tell of mine's 'devastation' to country

  07-08-2023 08:41 via businessnews.com.au
  
  The native title owners of the site of a large iron ore mine in the WA Pilbara have outlined their case for compensation for spiritual and economic loss.
  
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• Office values head lower amid reset

  07-08-2023 08:25 via businessnews.com.au
  
  Perth office owners are downgrading the value of their assets as sales dry up and buyers sit tight.
  
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• Sacrificial lamb in emissions fall

  07-08-2023 08:00 via businessnews.com.au
  
  There is a close link between the declining sheep flock and the reduction in overall emissions.
  
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• ‘Ungrammatical word salad’: Hancock lawyers rebut claims

  07-08-2023 07:55 via businessnews.com.au
  
  Hancock Prospecting has made its opening submissions during a trial over billions of dollars worth of iron ore royalties, starting off by rebutting claims made by DFD Rhodes.
  
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• Hancock lawyers rebut claims in royalties trial

  07-08-2023 07:55 via businessnews.com.au
  
  Hancock Prospecting has made its opening submissions during a Supreme Court trial over billions of dollars worth of iron ore royalties, starting off by rebutting claims made by DFD Rhodes.
  
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• Singapore Airlines adds Perth flights

  07-08-2023 07:31 via businessnews.com.au
  
  Singapore Airlines has unveiled a major boost to its Australian operations for 2024 that will see Perth gain an extra daily flight to a total of four flights a day.
  
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• Big funding injection, ambitious deadline for Australian 'first' project to decarbonise cotton growing

  07-08-2023 07:28 via abc.net.au
  
  With the NSW government chipping in $36 million, the project at Moree aims to produce green hydrogen, renewable ammonia and solar power to lower fertiliser and fuel emissions by displacing 1.4 million litres of imported diesel.
  
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• 'Devastation': Court hears of 'economic and cultural loss' caused by Fortescue mines as native title dispute resumes

  07-08-2023 07:27 via abc.net.au
  
  The Yindjibarndi Aboriginal Corporation seeks $500 million a year in compensation from Fortescue Metals Group, for losses caused by the company's Solomon Hub in WA.
  
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• St John of God Health Care to axe 160 jobs

  07-08-2023 06:37 via businessnews.com.au
  
  St John of God Health Care will pull the pin on about 160 jobs after grappling with higher operating costs following a review triggered by its chief executive.
  
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• Lawyers for Gina Rinehart fire first shots as billionaires battle it out over mining royalties in court

  07-08-2023 06:33 via abc.net.au
  
  Lawyers for billionaire Gina Rinehart seek to demolish a claim by a former business partner of her father Lang Hancock to a share of the jewel in her lucrative iron ore empire.
  
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• 'Fatal flaws' in argument underpin claim for slice of Gina Rinehart's iron ore empire, WA Supreme Court hears

  07-08-2023 06:33 via abc.net.au
  
  Lawyers for billionaire Gina Rinehart seek to demolish a claim by a former business partner of her father Lang Hancock to a share of the jewel in her lucrative iron ore empire.
  
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• Canadian miner makes takeover bid for OreCorp

  07-08-2023 06:16 via businessnews.com.au
  
  Gold hopeful OreCorp has recommended its shareholders accept a takeover deal from Canadian miner Silvercorp Metals.
  
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• Battery metals buzz underpins Diggers & Dealers

  07-08-2023 05:51 via businessnews.com.au
  
  Diggers & Dealers 2023 kicks off in Australia's 'unofficial capital of mining' with a solid turnout and all eyes on the state's burgeoning critical minerals sector.
  
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• Heritage Act palaver risks future of Aboriginal policy

  07-08-2023 05:32 via businessnews.com.au
  
  There has been plenty of praise for WA Premier Roger Cook’s apparent decision to axe the Aboriginal Cultural Heritage Act one month after it came into force.
  A hard call, but the right one to make, appears to be the common line.
  
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• Barbie has reached the 'Barbillion' milestone. Experts say its marketing was a 'masterclass'

  07-08-2023 05:20 via abc.net.au
  
  Just three weeks after its release, Greta Gerwig's Barbie has collected more than $1 billion at the global box office — and it's on track to become the biggest movie of the year.
  
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• Barbie has made $1b at the global box office. Experts says its marketing was a 'masterclass'

  07-08-2023 05:20 via abc.net.au
  
  Just three weeks after its release, Greta Gerwig's Barbie has collected more than $1 billion at the global box office — and it's on track to become the biggest movie of the year.
  
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• Barbie has made $1b at the global box office. Experts say its marketing was a 'masterclass'

  07-08-2023 05:20 via abc.net.au
  
  Just three weeks after its release, Greta Gerwig's Barbie has collected more than $1 billion at the global box office — and it's on track to become the biggest movie of the year.
  
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• Perth drinking water concerns set to trigger Alcoa environmental review

  07-08-2023 04:37 via abc.net.au
  
  Alcoa could have its current plans to mine assessed by WA's environmental watchdog for the first time in history, following drinking water concerns.
  
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• Perth drinking water concerns could trigger Alcoa environmental review

  07-08-2023 04:37 via abc.net.au
  
  Alcoa could have its current plans to mine assessed by WA's environmental watchdog for the first time in history, following drinking water concerns.
  
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• Lithium Aus notches MinRes deal

  07-08-2023 04:13 via businessnews.com.au
  
  ASX-listed Lithium Australia has reached a joint development deal with Chris Ellison’s Mineral Resources to advance its lithium extraction technology.
  
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• Farm dirt drawings inspire WA tech innovator

  07-08-2023 04:01 via businessnews.com.au
  
  SpaceDraft has been named among 17 finalists for WA’s Innovator of the Year awards, spanning five categories and an overall winner
  
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• Clarity urged over Heritage Act’s future

  07-08-2023 03:09 via businessnews.com.au
  
  Whispers the Aboriginal Cultural Heritage Act will be scrapped by the State government just over a month after its implementation have been met with varied responses from parties across the state.
  
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• EVs cost more to insure, repair

  07-08-2023 02:00 via businessnews.com.au
  
  Higher running expenses and design and supply issues make electric vehicles a challenge for insurers.
  
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• Live: ASX set for quiet start after Wall Street eases on disappointing jobs numbers

  07-08-2023 00:48 via abc.net.au
  
  The ASX looks set for a subdued start to the week, following modest falls on Wall Street on Friday and with no major corporate profit results due out today. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX follows Wall Street lower as US data show wages growth despite employment slowdown

  07-08-2023 00:48 via abc.net.au
  
  The ASX is following modest falls on Wall Street on Friday, with no major corporate profit results or economic data out today. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX follows Wall Street lower, as job ads show there is still plenty of work available in Australia

  07-08-2023 00:48 via abc.net.au
  
  The ASX is following modest falls on Wall Street on Friday. US markets eased on a slowdown in job creation, although Australian data show there are still plenty of jobs being advertised here. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX follows Wall Street lower, as job ads show there is still plenty of work available — as it happened

  07-08-2023 00:48 via abc.net.au
  
  The ASX followed modest falls on Wall Street on Friday. US markets eased on a slowdown in job creation, although Australian data show there are still plenty of jobs being advertised here. Here's how the trading day unfolded.
  
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• Northern Star gears up for labour influx

  07-08-2023 00:00 via businessnews.com.au
  
  The Super Pit miner is comfortable Kalgoorlie can house the 600 workers needed for a $1.5 billion mill expansion next year amid the city's housing squeeze.
  
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