Analyst news

• Live: Economy grows by 2.1 per cent in 12 months, Wall Street falls, Australian dollar tumbles

  05-09-2023 23:38 via abc.net.au
  
  The latest GDP data shows an annual slowdown in the Australian economy because of interest rate hikes.  Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Economy expected to tread water, Wall Street falls, Australian dollar tumbles

  05-09-2023 23:38 via abc.net.au
  
  The latest GDP data is expected to show an annual slowdown in the Australian economy because of interest rate hikes.  Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Australian economy slows down as rate hikes bite, ASX and Australian dollar lose ground — as it happened

  05-09-2023 23:38 via abc.net.au
  
  The latest GDP data shows an annual slowdown in the Australian economy because of interest rate hikes. The Australian share market loses ground and the Australian dollar drops below 64 US cents. 
  
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• 'Low cost' or 'bottomless pit'? Secret documents detail failed efforts to rescue huge coal plant

  05-09-2023 23:17 via abc.net.au
  
  Trove of confidential documents shed light on claims by energy giant that throwing a lifeline to an ageing coal plant could be 'low cost' for taxpayers.
  
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• Taiwan's iPhone billionaire is shaking up the island’s presidential election in his bid to fulfil the wishes of a sea goddess

  05-09-2023 22:25 via abc.net.au
  
  Taiwan's iPhone billionaire is running for president with a lofty election promise to broker peace between Taiwan and China. But observers believe his election bid may result in a less China-friendly candidate securing the presidency.
  
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• Could electric vehicles charge the way to a net zero emissions future?

  05-09-2023 22:01 via abc.net.au
  
  On a sunny spring day, Robin can fully charge both his and his wife's electric vehicles by lunchtime. It could be a big step on the path to net zero.
  
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• Could electric cars charge the move to a net zero emissions future?

  05-09-2023 22:01 via abc.net.au
  
  On a sunny spring day, Robin can fully charge both his and his wife's electric vehicles by lunchtime. It could be a big step on the path to net zero.
  
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• Less than a year on, undersea cable project blows out by almost $2b

  05-09-2023 21:35 via abc.net.au
  
  The Tasmanian government details the $1.7 billion reason for downgrading the Marinus Link electricity interconnector from two to one cables, but opposition parties say many questions about costs remain unanswered.
  
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• A $1.7b cost blowout for Marinus Link revealed, but what will Tasmanians pay?

  05-09-2023 21:35 via abc.net.au
  
  The Tasmanian government details the $1.7 billion reason for downgrading the Marinus Link electricity interconnector from two to one cables, but opposition parties say many questions about costs remain unanswered.
  
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• New Qantas CEO Vanessa Hudson faces an uphill battle to restore the public's faith as Alan Joyce departs

  05-09-2023 21:21 via abc.net.au
  
  With Alan Joyce announcing his abrupt departure from Qantas two months ahead of schedule, Vanessa Hudson is now in control of an airline with a reputation problem — and disgruntled customers say it will be tough to win them back.
  
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• Liz spent years trying to get her late mother's Qantas flight refunded. She wants the airline to 'do better' under its new boss

  05-09-2023 21:21 via abc.net.au
  
  With Alan Joyce announcing his abrupt departure from Qantas two months ahead of schedule, Vanessa Hudson is now in control of an airline with a reputation problem — and disgruntled customers say it will be tough to win them back.
  
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• Sean and Jane paid $720,000 for an apartment with no car parks and shared laundry. It was their path out of renting

  05-09-2023 20:55 via abc.net.au
  
  Medium- and high-density development in established suburbs is being spruiked as the solution to Australia's housing crisis. But there are still some risks. 
  
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• Australia is in a housing crisis and experts say the solution is building up, not out

  05-09-2023 20:55 via abc.net.au
  
  Medium- and high-density development in established suburbs is being spruiked as the solution to Australia's housing crisis. But there are still some risks. 
  
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• Anthony Albanese starts summit season talking trade ties and regional security, with China in mind

  05-09-2023 20:50 via abc.net.au
  
  The PM will use a speech to the ASEAN summit on Wednesday to release the government's South-East Asian Economic Strategy, a blueprint aimed at driving trade and investment north into the region.
  
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• Where you sit on this chart determines your level of housing stress

  05-09-2023 20:48 via abc.net.au
  
  Housing costs are at record highs, and we can show you who is bearing the brunt of the crisis.
  
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• A deeper look at housing stress reveals who's hurting and who's not

  05-09-2023 20:48 via abc.net.au
  
  Housing costs are at record highs, and we can show you who is bearing the brunt of the crisis.
  
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• Rental rates rise

  05-09-2023 10:21 via businessnews.com.au
  
  The weekly median for rentals reached $575 last month, reflecting the ongoing changes in Western Australia's reality sector.
  
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• These ski slopes would normally still be dusted with snow, but a warm winter put an end to that

  05-09-2023 10:20 via abc.net.au
  
  Selwyn Snow Resort has had a rough few years following the 2019/2020 Black Summer bushfires, with operators hoping 2024 will be kinder.
  
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• At Close of Business September 5 2023

  05-09-2023 10:20 via businessnews.com.au
  
  Jack McGinn and Tom Zaunmayr discuss the growth of a tourism industry in the Pilbara at the hands of Ngarluma and Yindibarndi man Clinton Walker.
  
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• Aust shares recoup losses as RBA maintains rate pause

  05-09-2023 10:16 via businessnews.com.au
  
  The local share market has finished basically unchanged after the Reserve Bank kept rates on hold for a third month, while the local currency plummeted.
  
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• &Partners merges with kwpx

  05-09-2023 09:48 via businessnews.com.au
  
  National branding agency kwpx and Perth boutique creative firm &Partners will merge to expand both companies’ operations in the state.
  
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• Senate to scrutinise planned $1.5bn Middle Arm industrial hub near Darwin

  05-09-2023 09:41 via abc.net.au
  
  The federal Senate votes to establish an inquiry into the NT government's controversial planned industrial precinct on Darwin Harbour.
  
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• Senate inquiry to scrutinise planned $1.5bn Middle Arm industrial hub near Darwin

  05-09-2023 09:41 via abc.net.au
  
  The federal Senate votes to establish an inquiry into the NT government's controversial planned industrial precinct on Darwin Harbour.
  
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• Controversial wind farm planned near World Heritage area downsized again and renamed

  05-09-2023 09:17 via abc.net.au
  
  The Chalumbin Wind Farm, which will now be known as the Wooroora Station Wind Farm, is scaled back to 42 turbines.
  
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• Yara lashes WA gas shortage impact

  05-09-2023 09:07 via businessnews.com.au
  
  Yara Pilbara is unconvinced all producers are meeting domestic gas supply obligations in good faith, joining a chorus to question current supply arrangements.
  
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• Ex-AFL players, publicans lodge 'urban winery' plans in Fremantle

  05-09-2023 09:02 via businessnews.com.au
  
  Former AFL players Will Schofield and Chris Masten alongside hotel operators and wine distributors are seeking to establish an ‘urban winery’ and restaurant in the heart of Fremantle.
  
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• Beach warns of LNG policy consequences

  05-09-2023 09:02 via businessnews.com.au
  
  Beach Energy has called for greater flexibility in WA’s domestic gas supply policy around LNG exports, warning the state’s domestic gas inquiry of “unintended consequences”.
  
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• Major workers' village planned in Hedland

  05-09-2023 09:01 via businessnews.com.au
  
  Port Hedland is one of several local governments in outback WA progressing ideas to address crippling housing shortages
  
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• Yolk proposes $9m Fremantle plan

  05-09-2023 09:00 via businessnews.com.au
  
  Fremantle property developer Yolk Property Group is seeking approval to build a four-storey townhouse and accommodation complex valued at $9 million.
  
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• Ex-govt minister eyes Pilbara mayor gig

  05-09-2023 07:46 via businessnews.com.au
  
  Former local government minister Tony Simpson will campaign for better boating facilities, major retailers to set up shop, and more youth entertainment
  
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• Malaysia lifts suspension of live cattle and buffalo exports

  05-09-2023 07:12 via abc.net.au
  
  Malaysia is once again accepting live cattle and buffalo exports from Australia. Will Indonesia follow suit?
  
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• CBRE forecasts scarce retail space

  05-09-2023 06:57 via businessnews.com.au
  
  Perth will deliver 43,000 square meters of retail space over the next three years, limiting options for renters but raising profits for retail landlords.
  
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• Public barred from Rio Tinto court discussion

  05-09-2023 06:41 via businessnews.com.au
  
  The trial over billions of dollars of iron ore royalties has been closed for the court to discuss Rio Tinto’s confidential information on the Pilbara mines it co-owns with Hancock Prospecting.
  
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• Court closed for Rio Tinto discussion

  05-09-2023 06:41 via businessnews.com.au
  
  The trial over billions of dollars of iron ore royalties has been closed for the court to discuss Rio Tinto’s confidential information on the Pilbara mines it co-owns with Hancock Prospecting.
  
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• Interest rates remain on hold as Philip Lowe calls time on his seven-year stint as RBA governor

  05-09-2023 06:30 via abc.net.au
  
  The Reserve Bank leaves interest rates steady at 4.1 per cent for the third month in a row, but says further increases to rates may be needed to bring down inflation in line with its target.
  
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• Interest rates on hold at 4.1pc for third-straight month after chief Lowe's final RBA meeting

  05-09-2023 06:30 via abc.net.au
  
  The Reserve Bank leaves interest rates steady at 4.1 per cent for the third month in a row, but says further increases to rates may be needed to bring down inflation in line with its target.
  
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• Hannah is one of thousands of home owners seeing the light as RBA leaves rates on hold again

  05-09-2023 06:30 via abc.net.au
  
  The Reserve Bank leaves interest rates steady at 4.1 per cent for the third month in a row, but says further increases to rates may be needed to bring down inflation in line with its target.
  
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• Wheatstone domgas down as Chevron strike threat escalates

  05-09-2023 06:20 via businessnews.com.au
  
  A pump fault has put Chevron’s Wheatstone domestic gas facility offline, days out from potential industrial action against the LNG producer by Offshore Alliance as part of ongoing EBA negotiations.
  
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• Hudson commits to third election in 18 months

  05-09-2023 04:53 via businessnews.com.au
  
  Former Liberal candidate Peter Hudson will contest his third election in 18 months, after putting his hat in the ring for the City of Rockingham council ahead of the 2023 local government elections.
  
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• Deloitte engaged for South West tech hub

  05-09-2023 03:37 via businessnews.com.au
  
  The state government has moved on progressing its proposed Advanced Manufacturing and Technology Hub in the South West after engaging Deloitte to undertake a feasibility study.
  
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• NSW government moves to delay closure of Australia's largest coal-fired power station

  05-09-2023 02:54 via abc.net.au
  
  The NSW government will "engage with Origin Energy" on a proposed extension of the life of Australia's largest power plant.
  
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• Live moment: NSW government moves to delay closure of Australia's largest coal-fired power station

  05-09-2023 02:54 via abc.net.au
  
  The NSW government will "engage with Origin Energy" on a proposed extension of the life of Australia's largest power plant.
  
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• Future of Australia's largest power station to be revealed this morning

  05-09-2023 02:54 via abc.net.au
  
  Australia's largest coal-fired power station at Eraring in the NSW Hunter Valley may have its life extended by the NSW government.
  
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• Australian team to discuss Indonesian cattle concerns

  05-09-2023 02:54 via businessnews.com.au
  
  An Australian team will fly to Indonesia to work with authorities, as a key deadline over concerns around lumpy skin disease in live cattle exports draws closer.
  
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• Regulator taking Westpac to court over hardship cases

  05-09-2023 02:35 via businessnews.com.au
  
  The corporate regulator has alleged that between 2015 and 2022 Westpac didn't respond to financial hardship notices from 229 customers.
  
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• Joyce to step down immediately as Qantas CEO

  05-09-2023 02:33 via businessnews.com.au
  
  Qantas chief executive Alan Joyce will leave his job immediately - two months earlier than expected - to allow the airline to "accelerate its renewal".
  
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• Cars and property seized after Westpac failed to respond to hardship requests, ASIC alleges

  05-09-2023 02:14 via abc.net.au
  
  Westpac is facing civil court proceedings from ASIC, which alleges it failed to respond to hardship requests within the time required by law. 
  
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• Family wealth has wider benefits in WA

  05-09-2023 02:00 via businessnews.com.au
  
  The rich are increasingly managing their fortunes professionally, which is good for our economy.
  
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• Alan Joyce to leave Qantas early after tumultuous week and 'many ups and downs' to make room for 'renewal'

  05-09-2023 00:49 via abc.net.au
  
  Embattled Qantas boss Alan Joyce brings his retirement forward by two months after a horror period for the airline.
  
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• Alan Joyce to leave Qantas after tumultuous week to make room for 'renewal'

  05-09-2023 00:49 via abc.net.au
  
  Embattled Qantas boss Alan Joyce brings his retirement forward by two months after a horror few weeks.
  
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