Analyst news

• Live: Wall Street rises, profit reporting season continues, ASX set for flat start

  14-08-2023 23:10 via abc.net.au
  
  Wall Street gains and profit reporting season continues in Australia. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: Wages data, RBA minutes to give indicator of next steps in interest rates

  14-08-2023 23:10 via abc.net.au
  
  Wall Street gains and profit reporting season continues in Australia. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• ASX closes higher as weak wages growth reduces rate rise chances, China cuts rates — as it happened

  14-08-2023 23:10 via abc.net.au
  
  Weaker than expected wage growth makes a RBA rate rise less likely, boosting Australian stocks, along with a surprise Chinese central bank rate cut. This is how the trading day unfolded on the markets blog.
  
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• Chinese tariffs, changing palates see Australia's wine stockpile grow to 2.8b bottles

  14-08-2023 22:09 via abc.net.au
  
  Australian grape growers have produced a stockpile of over 2 billion litres of wine that will take years to bring back into balance.
  
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• Chinese tariffs, changing palates see Australian wine stockpile grow to 2.8m bottles

  14-08-2023 22:09 via abc.net.au
  
  Australian grape growers have produced a stockpile of over 2 billion litres of wine that will take years to bring back into balance.
  
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• Cold comfort for snow lovers as warmer winter hits ski season hard

  14-08-2023 21:51 via abc.net.au
  
  The snow-making machines can only do so much, and with less and less of the real stuff falling from the sky, ski field operators are counting the cost — and experts say those who love an icy frolic should get used to big snow years becoming "increasingly rare".
  
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• A Brisbane family wants to build a dream house in the outback. But at what price?

  14-08-2023 21:48 via abc.net.au
  
  The Stennett family has purchased land for $25,000 in outback Queensland to build their dream home. The catch? They've never been there.
  
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• Indonesia's 'superfake' bags are cheap, handmade, and virtually indistinguishable from the real deal

  14-08-2023 20:59 via abc.net.au
  
  The latest generation of "superfake" handbags can so closely resemble their luxury counterparts that the differences are almost imperceptible to the human eye.
  
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• How a fake bag dispute between a Hermès collector and an influencer escalated into a bomb threat

  14-08-2023 20:59 via abc.net.au
  
  The latest generation of "superfake" handbags can so closely resemble their luxury counterparts that the differences are almost imperceptible to the human eye.
  
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• Spy agency caught up in KPMG consulting scandal

  14-08-2023 20:55 via abc.net.au
  
  Australia's cyber spy agency has been caught up in the KPMG consulting scandal.
  
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• Russian Rouble has lost 25 per cent since war with Ukraine began

  14-08-2023 16:07 via abc.net.au
  
  As the rouble sinks to another low the Kremlin lays the blame on the nation's loose monetary policy, but not the invasion of Ukraine.
  
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• At Close of Business podcast August 14 2023

  14-08-2023 09:52 via businessnews.com.au
  
  Mark Pownall and Jack McGinn discuss the rise of the family office in Western Australia.
  
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• Aussie dollar tumbles as anxiety grows over China’s economy

  14-08-2023 09:36 via abc.net.au
  
  Australian dollar ‘at risk of a slide’ as China’s economic troubles deepen.
  
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• Rinehart bats for nuclear net zero solution

  14-08-2023 09:07 via businessnews.com.au
  
  Hancock Prospecting chairman Gina Rinehart has invoked an anecdote involving her late father Lang Hancock while endorsing nuclear energy as a cost-effective path to net zero for agriculture.
  
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• Aust shares drop and Aussie dollar hits nine-month low

  14-08-2023 09:07 via businessnews.com.au
  
  The local share market was down 0.5 per cent at midday and the local currency was trading for under 65 US cents amid fears about China's faltering economy.
  
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• Lendlease records statutory loss, funds growth

  14-08-2023 09:06 via businessnews.com.au
  
  Lendlease Group has recorded a growth in its funds under management to nearly $50 billion but has reported a loss of $232 million in the 2022-23 financial year.
  
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• Specialist sector blooms as wealth booms

  14-08-2023 08:23 via businessnews.com.au
  
  Virtually unknown in WA a decade ago, the family office has become an established niche.
  
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• Specialist sector blooms as wealth boom

  14-08-2023 08:23 via businessnews.com.au
  
  Virtually unknown in WA a decade ago, the family office has become an established niche.
  
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• Beach records production and profit slide

  14-08-2023 08:04 via businessnews.com.au
  
  Beach Energy has recorded a sizeable drop in production and profit but claims strong project progress despite lowering its financial year 2024 targets.
  
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• Sly grogging crackdown in WA’s North West

  14-08-2023 08:01 via businessnews.com.au
  
  Police will be able to seize and destroy alcohol on the spot and impose fines of up to $10,000 under the latest crackdown to stamp out problem drinking in WA’s North West.
  
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• Cruise lines energised to cut emissions

  14-08-2023 08:00 via businessnews.com.au
  
  R&D will be a crucial part of the cruise industry’s efforts to achieve net zero by 2050.
  
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• Bianca Rinehart fronts court in royalties trial

  14-08-2023 07:55 via businessnews.com.au
  
  Billionaire’s daughter Bianca Rinehart was an unexpected court attendee for submissions against her mother Gina Rinehart, who also made her own rare appearance on the other side of town.
  
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• Insurance affordability stress hits hard for one in eight Australian households

  14-08-2023 07:54 via abc.net.au
  
  Kim Robertson has received notice that her home and contents premium has jumped by 142 per cent, mirroring the steep rises in regions exposed to natural perils such as cyclone and flood.
  
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• 'Where is Gina?' Lawyers for mining billionaire's children call on Rinehart to take the stand in legal battle

  14-08-2023 07:31 via abc.net.au
  
  Lawyers for two of mining billionaire Gina Rinehart's children ask the Supreme Court why their mother will not front court to answer key questions in a case over billions of dollars in Pilbara iron ore mines.
  
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• 'She won't come to court': Lawyer asks why Gina Rinehart won't be cross-examined in mining royalties trial

  14-08-2023 07:31 via abc.net.au
  
  Lawyers for two of mining billionaire Gina Rinehart's children ask the Supreme Court why their mother will not front court to answer key questions in a case over billions of dollars in Pilbara iron ore mines.
  
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• Wrays appoints new CEO

  14-08-2023 06:25 via businessnews.com.au
  
  Intellectual property group Wrays has appointed its first chief executive based outside Western Australia, recruiting former IP Australia deputy director general Paula Adamson to the role.
  
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• P!nk to perform at Townsville stadium, breaking four-year concert drought at $300m venue

  14-08-2023 06:17 via abc.net.au
  
  For the first time in four years, the Townsville Stadium will host a major music artist, with international superstar P!nk announcing a surprise March show at the venue.
  
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• Court bans former WA company director

  14-08-2023 04:39 via businessnews.com.au
  
  A former director of a demolition company has been convicted in court, being disqualified from acting in the management of corporations for five years.
  
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• Strike Energy to snap up JV partner Talon

  14-08-2023 03:37 via businessnews.com.au
  
  Strike Energy has announced it will acquire Perth Basin joint venture partner Talon Energy, just weeks after withdrawing an unsolicited proposal for the company.
  
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• 'Disappointing and frustrating': Jetstar cancels October flights between Darwin and Bali

  14-08-2023 03:09 via abc.net.au
  
  The airline confirms it has cancelled flights between Darwin and Denpasar for three weeks in October due to runway upgrades at Darwin Airport.
  
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• Trade, investment key to prosperity

  14-08-2023 03:07 via businessnews.com.au
  
  The Western Australian economy and its residents have been substantial beneficiaries of international trade.
  
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• Buru sells Carnarvon stake to MinRes

  14-08-2023 02:56 via businessnews.com.au
  
  Buru Energy has sold a 25 per cent stake in onshore Carnarvon Basin permit and applications to JV partner Mineral Resources, as it sharpens its focus on its Rafael gas and condensate discovery.
  
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• Nasdaq and S&P sink amid rate hike fears

  14-08-2023 02:48 via businessnews.com.au
  
  Concerns that inflation could still lead to interest rate rises in the US put a dampener on big tech stocks.
  
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• Live: Chinese developer woes weigh on Aussie dollar, ASX, despite results boost for JB Hi-Fi

  14-08-2023 01:12 via abc.net.au
  
  The big miners are leading the ASX lower as a major Chinese developer suspends trading in 11 of its bonds amid a debt crisis. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: ASX slips on banks, despite results bounce for JB Hi-Fi, Carsales

  14-08-2023 01:12 via abc.net.au
  
  The ASX is lower as the big banks and major miners weigh on the major indices, despite results-induced bounces for several companies. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
  
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• Live: ASX set to slip as US producer prices raise fears inflation outbreak not contained yet

  14-08-2023 01:12 via abc.net.au
  
  The ASX is set to slip as US shares ended last week lower, as American producer prices rose more than expected, raising fears inflation will take longer to come down. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Chinese developer woes sink big miners, ASX and Aussie dollar — as it happened

  14-08-2023 01:12 via abc.net.au
  
  The big miners led the ASX lower as a major Chinese developer suspended trading in 11 of its bonds amid a debt crisis, raising fears about commodity demand in Australia's largest export destination. Look back on the day's events and insights from our business reporters on the ABC News live markets blog.
  
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