Analyst news

• Woodside Energy posts record $2.7b half-year profit, Coles profits up 4.8pc — as it happened

  21-08-2023 23:57 via abc.net.au
  
  Woodside Energy makes a $2.7 billion profit in six months, and Coles profits are up 4.8pc, amid high inflation and cost-of-living pressures — as it happened. 
  
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• Live: Woodside Energy posts record $2.7b half-year profit, Coles profits up 4.8pc, but BHP profits down 37pc

  21-08-2023 23:57 via abc.net.au
  
  Woodside Energy makes a $2.7 billion profit in six months, and Coles profits are up 4.8pc, amid high inflation and cost-of-living pressures. Follow live. 
  
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• Live: Coles, BHP and Woodside to report profits, ASX tipped to open higher

  21-08-2023 23:57 via abc.net.au
  
  Supermarket and mining giants to report profit results today, amid high inflation and cost-of-living pressures. Follow live. 
  
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• Live: BHP profits down 37pc, Coles profits up 4.8pc, ASX down in early trade

  21-08-2023 23:57 via abc.net.au
  
  Supermarket and mining giants are reporting their profit results today amid high inflation and cost-of-living pressures. Follow live. 
  
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• Queensland farmers have grown too many vegetables, but who's to blame?

  21-08-2023 23:53 via abc.net.au
  
  Ideal growing conditions this year have seen the volume of vegetables in one of Australia's largest winter production regions skyrocket, leading to oversupply and low farmgate prices.
  
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• 'We're an afterthought': Traditional owners fear repeat of Juukan Gorge disaster in outback Queensland

  21-08-2023 23:29 via abc.net.au
  
  In remote far-western Queensland lies an ancient gorge, scattered with rock carvings, that's rarely visited. Traditional owners fear it could fall victim to the world's insatiable appetite for critical minerals.
  
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• Venessa's housing estate has tiny blocks and a booming population. She says that makes it friendly

  21-08-2023 22:55 via abc.net.au
  
  In a new development with lot sizes as small as 68 square metres, and the fastest-growing population in regional Australia, residents are going out of their way to create a sense of community.
  
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• Mum takes 'new slate' approach to booming estate where young residents remove 'blinkers' to mingle

  21-08-2023 22:55 via abc.net.au
  
  Venessa Nickless says life in a new estate where lot sizes are as small as 68 square metres is what residents make it as they go out of their way to build a sense of community.
  
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• One the eve of Victoria's native forest logging ban, more than 10 alpine coupes are earmarked for harvesting

  21-08-2023 22:36 via abc.net.au
  
  Environmental groups are calling on VicForests to abandon logging plans in the state's alpine region after endangered native plants were found near the earmarked sites.
  
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• These are the everyday shoppers feeling the brunt of skyrocketing food prices

  21-08-2023 22:23 via abc.net.au
  
  New data shows exactly how much the average cost of some of the most common grocery items have gone up and down in the last year. And the price tags on basic items, like canned tuna and beans, are among those increasing.
  
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• How much are the items in your grocery basket going up or down?

  21-08-2023 22:23 via abc.net.au
  
  New data shows exactly how much the average cost of some of the most common grocery items have gone up and down in the last year. And the price tags on basic items, like canned tuna and beans, are among those increasing.
  
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• The Aussie dollar could slump below 60 US cents, bringing with it pain and gain

  21-08-2023 22:10 via abc.net.au
  
  For foreign tourists? Great. For travellers? Terrible. For the economy? A mix. The fall in the Australian dollar has created winners and losers across the economy.
  
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• At Close of Business podcast August 21 2023

  21-08-2023 10:08 via businessnews.com.au
  
  Tom Zaunmayr and Jack McGinn discuss recent happenings in the state's busy energy sector.
  
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• FMG in major city move

  21-08-2023 09:52 via businessnews.com.au
  
  The mining giant is believed to be planning to exit its East Perth headquarters to move to a St Georges Terrace building.
  
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• Aboriginal legal aid service locked in legal battle amid corruption, bullying and forgery allegations

  21-08-2023 09:50 via abc.net.au
  
  The main legal agency responsible for representing Aboriginal clients in the Northern Territory is locked in a legal battle with its former chief executive. 
  
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• Aust shares drop again, falling to 10-month low

  21-08-2023 09:42 via businessnews.com.au
  
  The ASX200 has closed down 0.46 per cent, dropping to its lowest level since June 8 as reporting season continues.
  
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• Fortescue lays plans for Nyidinghu

  21-08-2023 09:40 via businessnews.com.au
  
  Fortescue Metals Group has moved on developing its next mine as well as an accompanying 106-kilometre railway project, according to documents filed with the environmental watchdog.
  
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• Company director sues Brentnalls WA

  21-08-2023 09:35 via businessnews.com.au
  
  An infrastructure company director is taking accounting firm Brentnalls WA and its founder Tony Monisse to court, alleging a loss of $6.6 million in tax rebate.
  
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• Honan Insurance sold to US giant

  21-08-2023 09:23 via businessnews.com.au
  
  New York-headquartered Marsh will acquire Australian insurance broker Honan Insurance Group in a deal that further bolsters the global firm's presence in the state.
  
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• EPA launches criminal proceedings against Newcrest's Cadia gold mine for alleged air pollution

  21-08-2023 09:01 via abc.net.au
  
  The Environment Protection Authority commences criminal proceedings in the NSW Land and Environment Court against Newcrest's Cadia gold mine for allegedly sending unfiltered crushed core into the atmosphere.
  
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• Mossensons put Indigenart in the frame

  21-08-2023 08:05 via businessnews.com.au
  
  Mossenson Galleries celebrates 30 years and owners Diane and Dan Mossenson reflect on their contribution to the WA arts sector.
  
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• Qantas hit with lawsuit for treating customers 'as providers of over $1 billion in interest-free loans'

  21-08-2023 07:42 via abc.net.au
  
  A class action lawsuit has been filed against Qantas, claiming it misled customers and failed to issue refunds for cancelled 2020 flights.
  
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• Qantas hit with lawsuit for treating customers 'as providers of $1 billion in interest-free loans'

  21-08-2023 07:42 via abc.net.au
  
  A class action lawsuit has been filed against Qantas, claiming it misled customers and failed to issue refunds for cancelled 2020 flights.
  
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• Welink’s Subi apartments approved

  21-08-2023 07:01 via businessnews.com.au
  
  A nine-storey apartment block a stone’s throw from Subi Strand has been endorsed again after the developer initially failed to get a time extension for a lapsed approval.
  
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• Mine for Australia's single biggest carbon emitter set to be 'repurposed', sparking concerns over future use

  21-08-2023 06:47 via abc.net.au
  
  An end date has been locked in for a power plant responsible for 30 per cent of Victoria's electricity generation but the future of a gaping hole beside it is less certain.
  
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• 'No alternative' but to upgrade coal-blast furnace at Port Kembla, BlueScope Steel announces

  21-08-2023 06:29 via abc.net.au
  
  The company, which reported a $1 billion after tax profit, says bringing a dormant coal-blast furnace back online won't lock the company into coal-based steelmaking.
  
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• Azure Minerals chases $130m for Andover

  21-08-2023 06:15 via businessnews.com.au
  
  Both SQM and Mark Creasy’s private investment group have backed Azure Minerals’ capital raising, which comes less than a week after the explorer revealed it had been approached for a friendly takeover.
  
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• Power a focus in Cook’s Kwinana agenda

  21-08-2023 04:53 via businessnews.com.au
  
  Premier Roger Cook says business in his home electorate of Kwinana and the surrounding corridor will be supported with power infrastructure to thrive through the carbon neutral shift.
  
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• South32 vents over gas supply ‘absurdity’

  21-08-2023 04:31 via businessnews.com.au
  
  South32 has fired a salvo at the state’s gas producers, accusing them of forcing unreasonable terms on buyers and calling on the state government to enforce a use it or lose policy over gas fields.
  
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• Helping hand to Indigenous teen's P plates 'takes weight off shoulders' of family

  21-08-2023 03:24 via abc.net.au
  
  For newly-minted P-plater Kyron McArthur, a licence is a necessity for obtaining work and living independently. But how do you learn to drive when no-one you know has a licence?
  
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• Community driving lessons help break cycle of disadvantage for Indigenous youth

  21-08-2023 03:24 via abc.net.au
  
  For newly-minted P-plater Kyron McArthur, a licence is a necessity for obtaining work and living independently. But how do you learn to drive when no-one you know has a licence?
  
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• Date mooted for Woodside gas platform strike

  21-08-2023 03:22 via businessnews.com.au
  
  Woodside has been given a two-week ultimatum to avoid industrial action by workers on its offshore gas platforms in the Pilbara over a protracted and bitter bargaining dispute.
  
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• Fertiliser fears despite record imports

  21-08-2023 03:16 via businessnews.com.au
  
  Independent data on fertiliser imports is hard to find, and there are concerns about availability of this essential farm input.
  
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• BlueScope announces steelworks upgrade after profit dip

  21-08-2023 02:14 via businessnews.com.au
  
  BlueScope Steel has suffered a 64 per cent dip in full-year profit after lower export prices and higher material costs dented earnings.
  
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• Vape shop 'defies all logic' in shopping centre showdown with mayor

  21-08-2023 01:55 via abc.net.au
  
  Albany's mayor says his council has been telling a smoke and vape shop for months it isn't allowed to set up in a major shopping centre. But it put up new signs last week anyway.
  
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• Live: ASX 200 to dip, Westpac profit miss

  21-08-2023 01:37 via abc.net.au
  
  Westpac posts a third-quarter net profit of $1.8 billion as bigger margins from higher interest rates are partly offset by higher costs. 
  
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• Live: ASX 200 slips, Westpac profit misses analyst expectations in competition squeeze

  21-08-2023 01:37 via abc.net.au
  
  ASX opens lower, Westpac posts a third-quarter net profit of $1.8 billion as bigger margins from higher interest rates are partly offset by higher costs. 
  
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• Live: ASX 200 slips, Westpac profit misses analyst expectations in cmopetition squeeze

  21-08-2023 01:37 via abc.net.au
  
  ASX opens lower, Westpac posts a third-quarter net profit of $1.8 billion as bigger margins from higher interest rates are partly offset by higher costs. 
  
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• Live: AGL to keep Loy Yang power station operational until 2035, Qantas hit with class action, ASX slips

  21-08-2023 01:37 via abc.net.au
  
  Westpac and BlueScope post their earnings at the start of another reporting-season week, AGL is set to keep Loy Yang open until mid-2035, and Qantas is hit with a class action. Follow live.
  
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• AGL to keep Loy Yang power station operational until 2035, Qantas hit with class action, ASX closes down — as it happened

  21-08-2023 01:37 via abc.net.au
  
  Westpac and BlueScope post their earnings at the start of another reporting-season week, AGL is set to keep Loy Yang open until mid-2035, and Qantas is hit with a class action. Look back on today's business and financial news with our blog.
  
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