Analyst news

• Suncorp and Commonwealth Bank profits jump, financials rally boosts ASX in late trade — as it happened

  08-08-2023 23:49 via abc.net.au
  
  The Australian share market ended higher after a rally by financial stocks as the Commonwealth Bank posts a record annual profit. Suncorp's profit also surged but investors were disappointed by its dividend payout. 
  
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• Live: Suncorp, CBA profits jump, ASX flat as Moody's downgrades US banks

  08-08-2023 23:49 via abc.net.au
  
  The Australian share market is steady following broad losses on Wall Street as ratings agency Moody's downgraded several US banks. Reporting season continues with results from Commonwealth Bank and Suncorp. Follow the latest updates in our live blog.
  
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• Live: CBA, Suncorp profits jump, ASX to slip as Moody's downgrades US banks

  08-08-2023 23:49 via abc.net.au
  
  The Australian share market is expected to fall in morning trade, following broad losses on Wall Street as ratings agency Moody's downgraded several US banks. Reporting season continues with results from Commonwealth Bank and Suncorp. Follow the latest updates in our live blog.
  
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• Live: CBA, Suncorp profits jump, ASX flat as Moody's downgrades US banks

  08-08-2023 23:49 via abc.net.au
  
  The Australian share market is steady following broad losses on Wall Street as ratings agency Moody's downgraded several US banks. Reporting season continues with results from Commonwealth Bank and Suncorp. Follow the latest updates in our live blog.
  
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• Live: ASX to slip as Moody's downgrades US banks, Italy imposes 40pc windfall tax on banks

  08-08-2023 23:49 via abc.net.au
  
  The Australian share market is expected to fall in morning trade, following broad losses on Wall Street as ratings agency Moody's downgraded several US banks and Italy approved a surprise 40 per cent windfall tax on its lenders. Follow the latest updates in our live blog.
  
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• Fears nesting spot for one of WA's smallest seabirds could be disrupted by waterfront development

  08-08-2023 23:38 via abc.net.au
  
  Bird experts have raised concerns the redevelopment of Bunbury's waterfront could put vulnerable fairy terns at risk, after a study revealed 50 per cent of their nests in Western Australia fail. 
  
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• Balcatta office complex sells for $8m

  08-08-2023 23:00 via businessnews.com.au
  
  Quadrant Investments bought the three-level building from the Christie family.
  
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• Miss Universe Indonesia mired in allegations of sexual harassment and topless photos

  08-08-2023 20:01 via abc.net.au
  
  Six contestants file complaints with police, accusing organisers of sexual harassment in what was meant to be a costume fitting. 
  
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• Miss Universe Indonesia contestants file complaint over inappropriate 'body checks'

  08-08-2023 20:01 via abc.net.au
  
  Six contestants file complaints with police, accusing organisers of sexual harassment in what was meant to be a costume fitting. 
  
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• Mining company fined $70,000 for safety gaps after worker dies in wall collapse

  08-08-2023 11:43 via abc.net.au
  
  David Routledge, 55, died when a high wall at Middlemount mine, south-west of Mackay, collapsed and buried him in 2019.
  
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• Middlemount Coal fined $70,000 after pleading guilty over worker's death

  08-08-2023 11:43 via abc.net.au
  
  David Routledge, 55, died when a high wall at Middlemount mine, south-west of Mackay, collapsed and buried him in 2019.
  
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• Major investigation into gold mine after heavy metals found in residents' blood and rainwater

  08-08-2023 11:16 via abc.net.au
  
  The discovery of heavy metals in the blood and rainwater of those living near a gold mine in New South Wales has sent shock waves through the community and sparked a major investigation.
  
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• Federal Court judge questions value of native title laws that companies can ignore

  08-08-2023 10:50 via abc.net.au
  
  A remote court sitting has heard competing claims from FMG, traditional owners and the WA government amid a $500m dispute.
  
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• Two airlines announce Perth-Vietnam route

  08-08-2023 10:15 via businessnews.com.au
  
  By Geoffrey Thomas
  Bali move aside, Vietnam is calling, and from November Western Australians will have two new airlines offering services to Vietnam and beyond.
  
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• Patriot puts block on Albemarle buying

  08-08-2023 10:15 via businessnews.com.au
  
  Patriot Battery Metals chair and litihum linchpin Ken Brinsden says Patriot Battery Metals made the deliberate move to offer Albemarle a 'small' stake in the Canada-focused explorer.
  
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• Hopes new direct international flights for northern Australia will awaken tourism's 'sleeping giant'

  08-08-2023 10:14 via abc.net.au
  
  More flights and bigger planes through the major international transit hub of Singapore are on the cards for Australian travellers and industry figures say that means a chance to tap into lucrative new markets.
  
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• Hopes increase in flights from northern Australia will awaken 'sleeping giant'

  08-08-2023 10:14 via abc.net.au
  
  More flights on bigger planes through the major international transit hub of Singapore are on the cards for Australian travellers and industry figures say there could be a chance to tap into lucrative new markets.
  
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• At Close of Business podcast August 8 2023

  08-08-2023 10:03 via businessnews.com.au
  
  Mark Pownall and Jack McGinn discuss WA innovators looking to use seaweed to reduce methane emissions.
  
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• Subi office building in $3m sale

  08-08-2023 09:38 via businessnews.com.au
  
  The Rokeby Road building was sold to two Westminster National directors by owner occupiers Lateral Capital Ventures.
  
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• Further funding deal on the cards for Griffin Coal

  08-08-2023 09:33 via businessnews.com.au
  
  The state government has revealed it could provide further funding to Griffin Coal on top of $23.2 million already allocated in an effort to stabilise the embattled operation in Collie.
  
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• Aust shares finish flat after early gains fade

  08-08-2023 09:25 via businessnews.com.au
  
  The local share market has finished about where it started, having earlier been as much as 0.4 per cent higher.
  
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• 'Do no harm': NT doctors and parents take climate protest to Canberra

  08-08-2023 09:00 via abc.net.au
  
  Northern Territory doctors and parents concerned about the health impacts of fossil fuel developments have taken their fight to Canberra's Parliament House. 
  
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• Cook’s sorry song a change in tune

  08-08-2023 08:51 via businessnews.com.au
  
  Attorney General John Quigley has never seen laws repealed in five weeks but says the state’s enormous Aboriginal cultural heritage legislative backflip should be seen as a historic positive.
  
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• Cook’s song a change in tune

  08-08-2023 08:51 via businessnews.com.au
  
  ANALYSIS: Attorney General John Quigley has never seen laws repealed in five weeks but says the state’s Aboriginal cultural heritage backflip should be seen as a historic positive.
  
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• Willing to build $32m Perth apartments

  08-08-2023 08:42 via businessnews.com.au
  
  A development assessment panel has given the green light to Willing Property’s $32 million apartment proposal on Lake Street, with construction slated to start next year.
  
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• Fallout from Heritage Act scrapping begins

  08-08-2023 08:03 via businessnews.com.au
  
  Juukan Gorge’s traditional custodians have blasted the state government for treating First Nations people as “second class citizens” in the fallout from Tuesday’s unprecedented decision to scrap the Aboriginal Cultural Heritage Act one month after coming into effect.
  
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• Video showcases embrace all stakeholders

  08-08-2023 08:00 via businessnews.com.au
  
  I began sending video updates of my project every two weeks and started reaping unexpected benefits, John Vial writes.
  
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• Euroz Hartleys' Jay Hughes retires from board

  08-08-2023 07:50 via businessnews.com.au
  
  Euroz Hartleys inaugural director Jay Hughes has announced his retirement from the board after 23 years with the Perth financial services firm.
  
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• Wright’s claims absurd, Hancock lawyer says

  08-08-2023 07:44 via businessnews.com.au
  
  Hancock Prospecting has rebutted Wright Prospecting's claims and called its reading of a 1987 agreement a "legal absurdity", during a Supreme Court trial over billions of dollars in iron ore royalties.
  
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• 'These clauses are fatal': Wright claim on Gina Rinehart mine royalties should be 'disposed of', court hears

  08-08-2023 06:54 via abc.net.au
  
  Lawyers for Gina Rinehart claim a 1987 agreement shows Wright Prospecting relinquished any rights to Hancock Prospecting's Hope Downs project. 
  
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• Court hears of 'fatal clauses' in Wright Prospecting's claim on Gina Rinehart's iron ore riches

  08-08-2023 06:54 via abc.net.au
  
  Lawyers for Gina Rinehart claim a 1987 agreement shows Wright Prospecting relinquished any rights to Hancock Prospecting's Hope Downs project. 
  
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• US Defense backs WA MND research

  08-08-2023 06:30 via businessnews.com.au
  
  Local scientists have won significant funding from the US military because its veterans are more likely to suffer from a debilitating motor neurone disease they are researching.
  
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• 'Great for both nations': Farmers celebrate China's cut to grain tariff

  08-08-2023 06:03 via abc.net.au
  
  China's decision to drop an 80 per cent tariff on Australian barley has brought a smile to grain grower Barry West's face.
  
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• Farmers celebrate China's cut to grain tariff but major exporter still 'locked out'

  08-08-2023 06:03 via abc.net.au
  
  China's decision to drop an 80 per cent tariff on Australian barley is putting smiles on growers' faces, as the industry continues to grapple with a ban on a key market player.
  
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• Survey points to RBA cash rate over 5 per cent, as household sentiment plunges

  08-08-2023 05:23 via abc.net.au
  
  Consumer confidence was down across all the mainland states, as analysis points to consumers still bracing for further rate rises.
  
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• Shock stat reveals extent of greenwashing in Australia

  08-08-2023 05:22 via businessnews.com.au
  
  More than half of Australian businesses targeted in an ACCC probe are potentially misleading customers on environmental and sustainability claims.
  
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• New 58-turbine wind farm proposed for Victoria as similar project 200kms away struggles for approval

  08-08-2023 05:05 via abc.net.au
  
  Acciona Energia's Nyaninyuk wind farm will generate 330 megawatts of renewable energy annually at a site west of Mt Beckworth if approved, to help the state meet a rising demand for clean energy.
  
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• New 58-turbine wind farm proposed for Victoria as similar project 200km away struggles for approval

  08-08-2023 05:05 via abc.net.au
  
  Acciona Energia's Nyaninyuk wind farm will generate 330 megawatts of renewable energy annually at a site west of Mt Beckworth if approved, to help the state meet a rising demand for clean energy.
  
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• New 58-turbine wind farm proposed for south-west Victoria as touted project nearby struggles for approval

  08-08-2023 05:05 via abc.net.au
  
  The wind farm will generate 330 megawatts of renewable energy at a site west of Mt Beckworth if approved, to help the state meet a rising demand for clean energy.
  
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• Woodside sells US$500m stake in Scarborough project

  08-08-2023 05:01 via businessnews.com.au
  
  Oil and gas giant Woodside Energy has inked a deal to sell a 10 per cent stake of its flagship Scarbough gas project for US$500 million to LNG Japan.
  
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• Woodside sells $1.3bn stake in Scarborough project

  08-08-2023 05:01 via businessnews.com.au
  
  Oil and gas giant Woodside Energy has inked a $1.3bn deal to sell a 10 per cent stake of its flagship Scarborough gas project to LNG Japan.
  
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• Lynas bears struggles of Kalgoorlie squeeze

  08-08-2023 04:41 via businessnews.com.au
  
  Lynas Rare Earths chief Amanda Lacaze ends the absence of female speakers at Diggers & Dealers, calling for more infrastructure investment to foster domestic critical minerals efforts.
  
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• Consultancy giants load up on $3.7b Defence contracts

  08-08-2023 04:30 via businessnews.com.au
  
  Calls for greater transparency are growing after analysis shows Australia's biggest four consultancy firms raked in billions of dollars from Defence contracts.
  
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• Perth’s rental vacancy rises

  08-08-2023 04:21 via businessnews.com.au
  
  The residential rental vacancy rate has increased to 0.9 per cent, the first rise in six months recorded by REIWA.
  
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• Man claims he was questioned at nightclub for carrying insulin for his type 1 diabetes

  08-08-2023 04:21 via abc.net.au
  
  A man who has type 1 diabetes is calling for more awareness after being questioned about his insulin and jelly beans while trying to enter a nightclub in Adelaide's CBD. 
  
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• Renewable Energy Zones are touted to replace NSW's coal power. Will they be ready in time?

  08-08-2023 02:26 via abc.net.au
  
  All five Renewable Energy Zones are still in the planning phase and no additional transmission infrastructure to support the new projects has been built.
  
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• Seaweed spawns abatement race

  08-08-2023 02:00 via businessnews.com.au
  
  Two WA companies have taken different approaches to controlling methane emissions from cattle.
  
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• Vietjet to Fly To Perth

  08-08-2023 00:00 via businessnews.com.au
  
  Vietjet, Vietnam’s low-fare airline is set to announce flights to Perth from Ho Chi Minh city.
  The airline, one of the fastest growing Asia, operate flights to Melbourne, Sydney and Brisbane and has been expected to add Perth for some time.
  
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• Perth Airport traffic approaches pre-COVID levels

  08-08-2023 00:00 via businessnews.com.au
  
  Perth Airport’s passenger traffic has almost recovered to pre-pandemic levels with 14.17 million using the airport in FY23 just 2 per cent less than in FY19.
  
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