Analyst news

• Real estate agents don body-worn cameras as desperate people vent their fury

  15-08-2023 23:52 via abc.net.au
  
  A real estate firm in Queensland issues cameras to staff after an agent is locked inside a property during an inspection, but it's not the only sector that's seeing frustrations boil over as people struggle to survive.
  
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• Live: Falls expected on ASX as China woes hit Wall St, European stocks

  15-08-2023 23:32 via abc.net.au
  
  Global markets fall sharply and Australian stocks are poised to follow, while expectations remain that the US Federal Reserve may not be finished hiking interest rates. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Falls across ASX as tech, miners, banks take a hit, NZ interest rates on hold

  15-08-2023 23:32 via abc.net.au
  
  Technology stocks lead the losses on the ASX, with falls across Asian markets as well. The Reserve Bank of New Zealand leaves its cash rate unchanged in August. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Falls across ASX as China woes hit Wall St, European stocks

  15-08-2023 23:32 via abc.net.au
  
  Global markets fall sharply and Australian stocks lose more than 1 per cent at the open, while expectations remain that the US Federal Reserve may not be finished hiking interest rates. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Falls across ASX as tech, miners, banks take a hit, NZ interest rates on hold — as it happened

  15-08-2023 23:32 via abc.net.au
  
  Technology stocks led the losses on the ASX, with falls across Asian markets as well. The Reserve Bank of New Zealand has left its cash rate unchanged in August. Here's how the day unfolded, plus insights from our business reporters, on the ABC News markets blog. 
  
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• Why is Australia being compared with Namibia? Unions warn every worker should take note

  15-08-2023 23:26 via abc.net.au
  
  The union movement warns if Australia doesn’t get on board we will miss a once-in-a-generation opportunity to become a renewable manufacturing powerhouse.
  
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• What happened when Westpac left one of the NT's most disadvantaged towns

  15-08-2023 22:37 via abc.net.au
  
  Australia's banking watchdog is investigating Westpac's sudden departure from the Northern Territory town of Tennant Creek. 
  
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• Since Westpac left Tennant Creek, Mary has to travel 500km to the nearest branch

  15-08-2023 22:37 via abc.net.au
  
  Australia's banking watchdog is investigating Westpac's sudden departure from the Northern Territory town of Tennant Creek. 
  
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• Roger knew something was wrong when he checked his bank app and saw 11 new payees

  15-08-2023 22:14 via abc.net.au
  
  The financial complaints authority appears to have made inconsistent rulings on whether to give customers refunds after phishing scams, based on whether customers admit to clicking dodgy links.
  
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• Roger knew something had gone 'desperately wrong' when he checked his phone and saw 11 new payees on his banking app

  15-08-2023 22:14 via abc.net.au
  
  The financial complaints authority appears to have made inconsistent rulings on whether to give customers refunds after phishing scams, based on whether customers admit to clicking dodgy links.
  
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• In the space of two hours, scammers stole $16,000 from Roger's account. None of the transactions were caught by his bank

  15-08-2023 22:14 via abc.net.au
  
  The financial complaints authority appears to have made inconsistent rulings on whether to give customers refunds after phishing scams, based on whether customers admit to clicking dodgy links.
  
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• In the space of two hours, Roger lost $16,000 to scammers. It took him a year to get $6,000 back

  15-08-2023 22:14 via abc.net.au
  
  The financial complaints authority appears to have made inconsistent rulings on whether to give customers refunds after phishing scams, based on whether customers admit to clicking dodgy links.
  
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• Helen has cried a lot since flood waters inundated her home in 2022. Finally they are happy tears

  15-08-2023 21:40 via abc.net.au
  
  Extra funding is now available for home owners who did not meet the original criteria for government flood relief. For Helen, it means ensuring a "safe" future.
  
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• 'Happy tears this time': More flood-affected Queenslanders now eligible for funds to raise their homes

  15-08-2023 21:40 via abc.net.au
  
  Extra funding is now available for home owners who did not meet the original criteria for government flood relief. For Helen, it means ensuring a "safe" future.
  
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• In a tiny coastal town, igloos are made for movie studios and Antarctic expeditions

  15-08-2023 21:31 via abc.net.au
  
  Looking like citrus peel, sections of fibreglass are being manufactured and flat-packed on the outskirts of a rural Tasmanian town, destined for Antarctica or even Hollywood.
  
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• 'Apple huts' keep scientists warm in Antarctica — they come from a little town called Penguin

  15-08-2023 21:31 via abc.net.au
  
  Looking like citrus peel, sections of fibreglass are being manufactured and flat-packed on the outskirts of a rural Tasmanian town, destined for Antarctica or even Hollywood.
  
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• NSW government denies second Sydney Metro West inquiry will be used to cancel project

  15-08-2023 21:19 via abc.net.au
  
  The New South Wales government will hold a lower house parliamentary inquiry into Sydney Metro West timeline and cost blowouts.
  
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• Rex wins contract for multiple regional WA routes despite 'disappointing' performance

  15-08-2023 11:19 via abc.net.au
  
  Strict standards by the state government will be imposed on regional airline Rex after in won a renewed contract for multiple routes across regional West Australia despite past unreliability.
  
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• Are these Australia's most remote, environmentally friendly toilets?

  15-08-2023 10:50 via abc.net.au
  
  Hundreds of specially designed composting toilets, plus a few additional wheelchair accessible stalls, have been permanently built on an outback goat station in the lead up to the 2023 Mundi Mundi Bash.
  
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• Another potash hopeful crumbles

  15-08-2023 10:14 via businessnews.com.au
  
  Directors of Australian Potash have surrendered their mining leases and pulled the pin on a review process, blaming the ‘demise’ of local projects for a lack of investment support in the sector.
  
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• At Close of Business podcast August 15 2023

  15-08-2023 10:00 via businessnews.com.au
  
  Simone Grogan and Jack McGinn discuss the political progress of Treasurer and Deputy Premier Rita Saffioti.
  
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• Court hears further of Rinehart children's case

  15-08-2023 09:58 via businessnews.com.au
  
  Lawyers for the Rinehart children have claimed the four siblings had a 'reasonable' expectation of their mother Gina Rinehart to safeguard their rights, WA's Supreme Court was told on Tuesday.
  
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• Gina Rinehart 'took control of everything' when Lang died, cutting off children against his wishes, court hears

  15-08-2023 09:35 via abc.net.au
  
  Mining pioneer Lang Hancock's daughter Gina Rinehart ignored an agreement with her father that would have given her children a 49 per cent of his mining assets, WA's Supreme Court hears.
  
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• Dying, 'exhausted' Lang Hancock 'only wanted peace' as women in his life fought over fortune, court told

  15-08-2023 09:35 via abc.net.au
  
  Mining pioneer Lang Hancock just wanted some peace in the final months of his life, WA's Supreme Court is told, but he was being hounded by both his wife Rose Porteous and his daughter Gina Rinehart over his fortune.
  
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• $107m West Perth hotel, apartment plan

  15-08-2023 09:30 via businessnews.com.au
  
  The six-building complex is planned for the site of the former City Motors car dealership.
  
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• Rex, Skippers secure regional routes reign

  15-08-2023 09:29 via businessnews.com.au
  
  Rex Airlines and Skippers Aviation have once again secured deals to exclusively operate regional air services in the Great Southern, Northern Goldfields and Gascoyne regions.
  
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• Cook assures WA gas security despite strike talk

  15-08-2023 09:29 via businessnews.com.au
  
  Premier Roger Cook has told WA parliament that the state’s gas supply is secure, despite the looming threat of strike action at offshore platforms operated by major producers.
  
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• Aust shares rise amid strong gains for CSL, Cochlear

  15-08-2023 09:27 via businessnews.com.au
  
  The local share market has finished up 0.4 per cent, with the health care sector enjoying solid gains led by CSL and Cochlear.
  
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• Big lots a housing roadblock

  15-08-2023 09:00 via businessnews.com.au
  
  Perth needs more master-planned near-city housing developments, not super-sized lots.
  
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• Wood wins work from Woodside, Shell, Beach

  15-08-2023 08:35 via businessnews.com.au
  
  Engineering and consultancy firm Wood Australia has notched deals with oil and gas giants Woodside Energy, Shell, Beach Energy and Mitsui & Co to undertake a pipeline of work.
  
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• Hedland becomes major port for new industry

  15-08-2023 08:32 via businessnews.com.au
  
  Port Hedland will become a national hub for a new kind of port critical to the future of the Pilbara’s multi-billion-dollar resources industry.
  
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• Fears proposed pesticide ban could lead to summer mango shortage

  15-08-2023 08:31 via abc.net.au
  
  Shipments of mangoes to WA from the NT and Queensland could be halted if a proposed ban of a crucial chemical is implemented.
  
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• Cattle ship sets sail for Malaysia despite trade suspension

  15-08-2023 08:31 via abc.net.au
  
  A cattle ship has sailed out of Darwin this afternoon despite Malaysia notifying Australia that it will suspend imports of cattle and buffalo because of concerns about lumpy skin disease. What's happening?
  
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• WA’s Canberra hub to unwind ‘east coast bias’

  15-08-2023 08:01 via businessnews.com.au
  
  A Western Australian embassy housing a rotating roster of state ministers will be established in Canberra under a new state government plan to ensure WA is front-of-mind in the nation’s capital.
  
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• Veteran strategy targets labour woes

  15-08-2023 08:00 via businessnews.com.au
  
  Federal funding of $24 million for veterans’ employment is welcome news for veterans and the business community.
  
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• Argonaut recruits Macquarie researcher

  15-08-2023 07:37 via businessnews.com.au
  
  Perth investment bank Argonaut has recruited Hayden Bairstow from Macquarie Equities, shortly after the retirement of John Macdonald..
  
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• SRG books Multiplex’s Elizabeth Quay build

  15-08-2023 07:29 via businessnews.com.au
  
  SRG Global will add another Elizabeth Quay project to its portfolio after being awarded $25 million contract for work on Multiplex's Nine The Esplanade project.
  
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• Australia entrusted with secret paint that makes fighter jet 'nearly invisible'

  15-08-2023 07:29 via abc.net.au
  
  The paint for the highly advanced F-35 Lightning II will be applied outside the US for the first time after a government commitment to spend $100m on a facility in Newcastle.
  
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• Long’s shot at ‘communist’ govt inequality

  15-08-2023 07:13 via businessnews.com.au
  
  City of Karratha mayor Peter Long has likened regional representation in the upper house to a communist country, while calling on change in the way local government incomes are generated.
  
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• Premier’s pitch on WA’s new superpower

  15-08-2023 05:04 via businessnews.com.au
  
  WA Premier Roger Cook believes the state has only “just scratched the surface” of its renewables potential as he outlines his vision for WA to become a global green energy superpower.
  
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• SIMPEC wins $105m contract

  15-08-2023 04:53 via businessnews.com.au
  
  Adbri subsidiary Cockburn Cement Limited has awarded SIMPEC a $105 million contract for work on its Kwinana plant expansion, which has been estimated to cost up to $420 million.
  
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• Radium embedded at resources start-up hub

  15-08-2023 04:44 via businessnews.com.au
  
  Resources-focused CORE Innovation Hub has brought fast-growing, Perth-based R&D financier Radium Capital on board as an information and referral partner.
  
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• Why this silver cylinder is a 'big deal' for heavy industry emissions

  15-08-2023 04:35 via abc.net.au
  
  An Australian company is set to begin mass producing what it claims is the world's most efficient hydrogen electrolyser, saying it will be the building blocks for decarbonising heavy industry.
  
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• WA wage growth fastest in the nation

  15-08-2023 04:33 via businessnews.com.au
  
  Western Australian wages grew at a rate faster than any other jurisdiction in the country in the June quarter, according to Australian Bureau of Statistics data.
  
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• Perth residential builder goes under

  15-08-2023 03:55 via businessnews.com.au
  
  The building industry watchdog is calling on homeowners affected by the collapse of Perth builder Western Luxury Homes to contact their insurance provider.
  
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• Perth residential builder does under

  15-08-2023 03:55 via businessnews.com.au
  
  The building industry watchdog is calling on homeowners affected by the collapse of Perth builder Western Luxury Homes to contact their insurance provider.
  
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• Decmil secures work on $6bn urea project

  15-08-2023 03:44 via businessnews.com.au
  
  Decmil has secured a $84 million contract to conduct earthworks at Perdaman’s $6.4 billion urea project in the Burrup Peninsula in the Pilbara.
  
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• Wages growth stagnated in the three months to June, but lower paid workers just got a big pay bump in July

  15-08-2023 03:36 via abc.net.au
  
  Wages growth eases from an annual pace of 3.7 per cent in the March quarter to 3.6 per cent over the year to June, reducing fears of a so-called wage-price spiral.
  
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• Wages growth falls, reducing fears of inflationary spiral

  15-08-2023 03:36 via abc.net.au
  
  Wages growth eases from an annual pace of 3.7 per cent in the March quarter to 3.6 per cent over the year to June, reducing fears of a so-called wage-price spiral.
  
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• Childcare centres are among many employers 'struggling to find staff'. But wages growth just went backwards

  15-08-2023 03:36 via abc.net.au
  
  Wages growth eases from an annual pace of 3.7 per cent in the March quarter to 3.6 per cent over the year to June, reducing fears of a so-called wage-price spiral.
  
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