Analyst news

• Regional Australians feeling the pinch of cost-of-living crisis, travelling inquiry hears

  28-08-2023 23:52 via abc.net.au
  
  The cost-of-living crisis is impacting millions of people across the country, but it is often residents in regional and remote Australia who are bearing the brunt of the economic pain.
  
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• Live: ASX set to rise, Virgin calls for rethink on extra Qatar flights

  28-08-2023 23:30 via abc.net.au
  
  Local stocks are poised to add to Monday's gains and the bosses of Virgin and Qantas are at loggerheads on a decision to block extra flights by Qatar Airways. 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 rise after US, European stocks gain

  28-08-2023 23:30 via abc.net.au
  
  Local stocks are poised to add to Monday's gains. Incoming RBA governor Michele Bullock will speak after the close of trade. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX makes gains, Virgin calls for rethink on extra Qatar flights

  28-08-2023 23:30 via abc.net.au
  
  Local stocks rise in early trade and the bosses of Virgin and Qantas are at loggerheads on a decision to block extra flights by Qatar Airways. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX makes gains, Virgin calls for rethink on extra Qatar flights — as it happened

  28-08-2023 23:30 via abc.net.au
  
  Local stocks rise and the bosses of Virgin and Qantas are at loggerheads on a decision to block extra flights by Qatar Airways. Look back on the day's financial and business news with our blog.
  
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• Home insurance premiums are at 'crisis' levels, and it could get much worse

  28-08-2023 22:35 via abc.net.au
  
  Australia risks "sleepwalking into a crisis" unless it makes drastic reforms to its insurance sector, according to professor Paula Jarzabkowski.
  
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• TEMU might seem too good to be true. But the super-cheap Chinese app wants to dominate the world

  28-08-2023 22:13 via abc.net.au
  
  A flashy new online shopping app has been bombarding Australians on social media. While some see it as the saviour of China's economy, not everyone is convinced. 
  
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• Are you getting a lot of ads for TEMU? The Chinese retailer is coming for Amazon – and it might win

  28-08-2023 22:13 via abc.net.au
  
  A flashy new online shopping app has been bombarding Australians on social media. While some see it as the saviour of China's economy, not everyone is convinced. 
  
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• New home gas bans will lead to energy source's 'death spiral', experts say

  28-08-2023 21:59 via abc.net.au
  
  Experts say getting households and businesses that can easily disconnect from gas is key to meeting emission reduction targets.
  
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• New home gas bans will lead to a 'death spiral', experts say

  28-08-2023 21:59 via abc.net.au
  
  Experts say getting households and businesses that can easily disconnect from gas is key to meeting emission reduction targets.
  
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• Mainland dairy giant circling iconic Tasmanian milk brand

  28-08-2023 21:29 via abc.net.au
  
  "It is our milk after all", once the slogan for Tasmania's Betta Milk, could soon ring hollow for Tasmanians slurping down their morning coffee or splashing the white stuff over their cereal.
  
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• 'It's our milk after all', except when it isn't. Iconic Tassie brand keen to keep out mainlanders soon to be owned by them

  28-08-2023 21:29 via abc.net.au
  
  "It is our milk after all", once the slogan for Tasmania's Betta Milk, could soon ring hollow for Tasmanians slurping down their morning coffee or splashing the white stuff over their cereal.
  
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• Betta famously wanted to keep its Tassie milk out of the hands of mainlanders. Now, it's going to be owned by them

  28-08-2023 21:29 via abc.net.au
  
  "It is our milk after all", once the slogan for Tasmania's Betta Milk, could soon ring hollow for Tasmanians slurping down their morning coffee or splashing the white stuff over their cereal.
  
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• Mosman mayor fights 'unreasonable' government suggestion for more houses in her area

  28-08-2023 21:16 via abc.net.au
  
  A new report by the NSW Productivity Commission found infrastructure to support new homes is cheapest when built near Sydney's CBD.
  
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• 'It's unreasonable': Local councils against Minns government Sydney housing density solution

  28-08-2023 21:16 via abc.net.au
  
  A new report by the NSW Productivity Commission found infrastructure to support new homes is cheapest when built near Sydney's CBD.
  
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• In Australia, 6,000kg of clothing is dumped in landfill every 10 minutes. This is the life cycle of a polyester T-shirt

  28-08-2023 20:51 via abc.net.au
  
  Many of us are now dressed head to toe in plastic thanks to the invention of cheap and durable textiles like polyester. But the extent of the environmental impact from these garments might surprise you — we've tracked the life cycle of a polyester top from an oil field, through to when you chuck it in the bin.
  
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• Gym clothes, party dresses, work clothes — most of us are wearing plastic. What goes into making a polyester T-shirt?

  28-08-2023 20:51 via abc.net.au
  
  Many of us are now dressed head to toe in plastic thanks to the invention of cheap and durable textiles like polyester. But the extent of the environmental impact from these garments might surprise you — we've tracked the life cycle of a polyester top from an oil field, through to when you chuck it in the bin.
  
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• Ever wondered what goes into making your polyester T-shirt?

  28-08-2023 20:51 via abc.net.au
  
  Many of us are now dressed head to toe in plastic thanks to the invention of cheap and durable textiles like polyester. But the extent of the environmental impact from these garments might surprise you — we've tracked the life cycle of a polyester top from an oil field, through to when you chuck it in the bin.
  
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• Iron ore impairment weighs on MinRes profit

  28-08-2023 12:23 via businessnews.com.au
  
  A revaluation of MinRes’ iron ore operations triggers a $552 million impairment in an otherwise solid set of full-year results out of Chris Ellison’s multi-commodity miner.
  
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• WA laboratory fined $30k over lead poisoning of four workers

  28-08-2023 12:22 via abc.net.au
  
  A Kalgoorlie court has been told one lab worker was left with three times the recommended level of lead in his blood and had to be flown to Perth for treatment.
  
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• Qantas admits to holding at least $470 million in unused flight credits from customers

  28-08-2023 11:52 via abc.net.au
  
  Qantas admits to having "around $100 million" in outstanding flight credits owed to Jetstar customers during a fiery Senate committee hearing in Melbourne where outgoing CEO Alan Joyce was accused of "misleading the Australian public".
  
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• Qantas accused of 'misleading the Australian public' after admitting $100m flight credits owed to Jetstar customers

  28-08-2023 11:52 via abc.net.au
  
  Qantas admits to having "around $100 million" in outstanding flight credits owed to Jetstar customers during a fiery Senate committee hearing in Melbourne where outgoing CEO Alan Joyce was accused of "misleading the Australian public".
  
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• More support for Chevron industrial action

  28-08-2023 10:51 via businessnews.com.au
  
  Offshore Alliance says it now has support for protected industrial action from members working across three Chevron facilities, as it ramps up negotiations over an EBA.
  
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• Chevron receives industrial action notice

  28-08-2023 10:51 via businessnews.com.au
  
  Offshore Alliance has given Chevron notice of protected industrial across three facilities commencing September 7, as it ramps up negotiations over an EBA for workers.
  
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• Jinning fined $30k over lead exposure

  28-08-2023 10:47 via businessnews.com.au
  
  Assay lab operator Jinning has been slapped with a $30,000 fine after four of its staff recorded high lead levels in their blood.
  
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• At Close of Business podcast August 28 2023

  28-08-2023 10:21 via businessnews.com.au
  
  Mark Pownall and Jack McGinn discuss a David and Goliath battle playing out over fisheries on the state's south coast.
  
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• Keystart boss takes top job at Gold Corp

  28-08-2023 10:00 via businessnews.com.au
  
  The Perth Mint finds a new chief executive in Keystart boss Paul Graham to take over from departing boss Jason Waters in November this year.
  
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• Vietnam Airlines Perth move

  28-08-2023 09:57 via businessnews.com.au
  
  Vietnam Airlines has revealed that it will commence services to Perth on December 7 with a three times weekly service to Ho Chi Minh City.
  
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• Aust shares rise after Fed chair talks caution on hikes

  28-08-2023 09:47 via businessnews.com.au
  
  The local share market finished up 0.6 per cent after a closely watched address by Fed chairman Jerome Powell at a summit of central bankers.
  
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• Cherubino acquires Margaret River Winemakers

  28-08-2023 09:33 via businessnews.com.au
  
  Cherubino Wines acquires Bussell Highway production facility Margaret River Winemakers, with its winery and spirits brands.
  
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• Others pin their hopes on trends, but Renee wants to boost supply to meet local demand for vegetables

  28-08-2023 09:28 via abc.net.au
  
  Farmer focuses on diversity as agriculture economist says food trends contribute towards waste.
  
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• How food trends might be contributing to food waste

  28-08-2023 09:28 via abc.net.au
  
  Much like the fashion industry, food consumption follows trends, and a researcher is concerned about their effect on farmers.
  
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• How food trends might be attributing to food waste

  28-08-2023 09:28 via abc.net.au
  
  Farmer focuses on diversity as agriculture economist says food trends contribute towards waste.
  
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• Fortescue slashes Iron Bridge value by $1bn

  28-08-2023 09:24 via businessnews.com.au
  
  Fortescue Metals’ newest mine will incur a significant write-down because of delays and inflationary stressors, as spending at the 1,700-strong Fortescue Energy division kicks up a gear.
  
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• 'Significant fire': The chilling moments heard on air traffic control audio following the US Osprey crash

  28-08-2023 09:02 via abc.net.au
  
  Three US marines remain in the Royal Darwin Hospital after a US Osprey aircraft crashed on a remote Northern Territory island, claiming the lives of three personnel.
  
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• 'Significant fire': The chilling moments after US Osprey crash heard on air traffic control audio

  28-08-2023 09:02 via abc.net.au
  
  Three US marines remain in the Royal Darwin Hospital after a US Osprey aircraft crashed on a remote Northern Territory island, claiming the lives of three personnel.
  
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• Chalmers backs WA to overcome generational barriers

  28-08-2023 09:01 via businessnews.com.au
  
  The next 40 years will “belong” to Western Australia as the nation responds to the challenges and opportunities outlined in its intergenerational report, according to Federal Treasurer Jim Chalmers.
  
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• Fish fight pits locals against outsiders

  28-08-2023 08:00 via businessnews.com.au
  
  Small, local businesses object to foreign influence in south coast marine park process.
  
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• Retail turnover drops in WA

  28-08-2023 07:30 via businessnews.com.au
  
  The nation's retail turnover rate rose by 0.5 per cent in July while Western Australia recorded a fall of 0.4 per cent, according to the Australian Bureau of Statistics.
  
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• APM delivers growth, declares dividends

  28-08-2023 06:42 via businessnews.com.au
  
  Global services provider APM Human Services has generated net profit after tax of $178 million after anticipating its earnings were going to take a hit earlier this year.
  
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• Skills shortages front of mind in Albanese visit

  28-08-2023 06:24 via businessnews.com.au
  
  Prime Minister Anthony Albanese has lauded fee-free TAFE uptake in Western Australia, but says the nation is competing globally to attract skilled talent to fill shortages in the immediate term.
  
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• WestStar to buy WATMAR

  28-08-2023 06:18 via businessnews.com.au
  
  ASX-listed WestStar Industrial acquires the business and assets of fellow Rockingham-based business Watmarine Engineering.
  
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• State nixes talks with ‘MIA’ village builder

  28-08-2023 06:18 via businessnews.com.au
  
  Construction of a sorely-needed workers village in Kalbarri is back to square one, with the state government ending negotiations with the Perth firm penciled in to build it.
  
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• Wong, Bishop show up for Voice as unity breaks

  28-08-2023 05:20 via businessnews.com.au
  
  Penny Wong and Julie Bishop strolled through Perth's CBD in a show of Indigenous Voice solidarity on Monday after the state's party unity on the vote broke down.
  
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• Numbers mask complexities in economy

  28-08-2023 04:00 via businessnews.com.au
  
  Household expenditure in Western Australia has continued to grow, according to the latest transactions data released by the Australian Bureau of Statistics.
  
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• PM’s Pilbara praise as migrant cut claim doused

  28-08-2023 01:39 via businessnews.com.au
  
  Anthony Albanese has praised the Pilbara’s resources sector for keeping the nation’s schools and hospitals running on a flying visit to Australia’s iron ore heartland.
  
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• Qantas boss faces Senate over soaring airfares and profits, ASX closes higher — as it happened

  28-08-2023 01:01 via abc.net.au
  
  Local shares make gains, but Fortescue shares drop, while Qantas CEO Alan Joyce fronted a parliamentary committee on cost of living. Look back on the day's financial and business news with our blog.
  
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• Live: Qantas boss faces Senate over soaring airfares and profits, ASX rises, Fortescue shares down

  28-08-2023 01:01 via abc.net.au
  
  Local shares make gains, but Fortescue shares drop. Qantas CEO Alan Joyce fronts a parliamentary committee on cost of living. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Qantas boss faces Senate grilling over soaring airfares and profits, ASX rises, Fortescue shares down

  28-08-2023 01:01 via abc.net.au
  
  Local shares make gains, but Fortescue shares drop. Qantas CEO Alan Joyce fronts a parliamentary committee on cost of living. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX rises, Fortescue shares down as boss exits, profit drops

  28-08-2023 01:01 via abc.net.au
  
  Local shares make gains as reporting season continues, and the chief executive of Fortescue leaves after less than six months. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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