Analyst news

• Live: Wall St mixed after inflation data, ASX set to open lower, August jobs data to come

  13-09-2023 23:34 via abc.net.au
  
  The local share market is set to open lower following mixed results on Wall St overnight. The important Australian data out today are labour force figures which will drop at 11:30am AEST. 
  
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• Live: Unemployment rate steady at 3.7pc, Myer profits up 23pc, local shares open slightly higher

  13-09-2023 23:34 via abc.net.au
  
  The local share market has opened slightly higher following mixed results on Wall Street, Myer has posted its best annual sales result since 2005, and the jobless rate remained steady in August at 3.7 per cent. Follow live.
  
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• Live: Local shares open slightly higher, August jobs data to come, Myer profits up 23pc

  13-09-2023 23:34 via abc.net.au
  
  The local share market has opened slightly higher following mixed results on Wall Street, Myer has posted its best annual sales result since 2005, and new labour force figures are out today.
  
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• Live: Jobless rate steady for second-straight month, Myer reports best sales in 18 years, local shares higher

  13-09-2023 23:34 via abc.net.au
  
  The local share market has opened slightly higher following mixed results on Wall Street, Myer has posted its best annual sales result since 2005, and the jobless rate remained steady in August at 3.7 per cent. Follow live.
  
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• Jobless rate steady for second-straight month, shares close higher thanks to rising iron ore prices, Myer reports best sales in 18 years — as it happened

  13-09-2023 23:34 via abc.net.au
  
  The local share market rose almost half a per cent as unemployment data showed 65,000 jobs were added in August. Iron ore miners had a strong day, but Myer stock lost value despite posting its best annual sales result since 2005.
  
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• Why one small component on your rooftop solar panels is causing a rise in housefires

  13-09-2023 22:31 via abc.net.au
  
  A spike in fires caused by DC isolators has alarmed the NT's workplace safety watchdog, as figures show most other jurisdictions are also recording fires from the devices.
  
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• 'Sparks of fire' from a faulty solar panel component damaged Rose's home. Her story is increasingly common

  13-09-2023 22:31 via abc.net.au
  
  A spike in fires caused by DC isolators has alarmed the NT's workplace safety watchdog, as figures show most other jurisdictions are also recording fires from the devices.
  
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• 'Struggling' performers reeling after Adelaide mall closes off popular busking zone with no explanation

  13-09-2023 22:20 via abc.net.au
  
  Local musicians say restrictions on a Rundle Mall busking zone has cut off their main source of income.
  
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• Adelaide performers take income hit after busking restrictions

  13-09-2023 22:20 via abc.net.au
  
  Local musicians say restrictions on a Rundle Mall busking zone has cut off their main source of income.
  
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• It's been called a 'profitless boom' — why are builders collapsing despite huge demand for homes?

  13-09-2023 22:19 via abc.net.au
  
  Given the demand for housing across the nation, it seems a paradox that homebuilders are collapsing, but that's been the case in SA in recent months.
  
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• Queensland airports 'talking to' Qatar Airways amid international recovery

  13-09-2023 22:13 via abc.net.au
  
  Tourism bosses in Queensland were dismayed Qatar Airways' request for more flights into the nation's major cities was rejected, but Cairns and Gold Coast airports hope to capitalise instead.
  
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• Fuel prices to stay above $2 a litre in 'bitter pill' for consumers facing fresh inflation fears

  13-09-2023 21:49 via abc.net.au
  
  Surging fuel prices reignite fears about inflation as production cuts by a global oil cartel heap yet more pain on consumers at service station forecourts.
  
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• Fuel prices to stay above $2 a litre 'for longer' as consumers face fresh inflation fears

  13-09-2023 21:49 via abc.net.au
  
  Surging fuel prices reignite fears about inflation as production cuts by a global oil cartel heap yet more pain on consumers at service station forecourts.
  
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• Two electric vehicles caught fire in Sydney this week. Here's what experts say you should know

  13-09-2023 21:20 via abc.net.au
  
  More and more drivers are opting for electronic vehicles over conventional cars. After two unrelated battery fires in Sydney in a week, experts say combustions are still rare.  
  
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• Two electric vehicles caught fire in NSW this week. Here's what experts say you should know

  13-09-2023 21:20 via abc.net.au
  
  More and more drivers are opting for electronic vehicles over conventional cars. After two unrelated battery fires in Sydney in a week, experts say combustions are still rare.  
  
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• Two electric vehicles caught fire in NSW this week, but experts say there's no cause for alarm

  13-09-2023 21:20 via abc.net.au
  
  More and more drivers are opting for electronic vehicles over conventional cars. After two unrelated battery fires in Sydney in a week, experts say combustions are still rare.  
  
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• In her 70s, Lindy Morrison quit her job to be a full-time drummer again. She knew it was a gamble

  13-09-2023 21:00 via abc.net.au
  
  When former The Go-Betweens drummer Lindy Morrison took stock of her life, she decided it was time to turn up the volume.
  
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• After The Go-Betweens, Lindy Morrison changed careers. Now she's returning to her first love

  13-09-2023 21:00 via abc.net.au
  
  When former The Go-Betweens drummer Lindy Morrison took stock of her life, she decided it was time to turn up the volume.
  
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• Qantas workers were 'put through hell', but the airline likely won't be hurt financially

  13-09-2023 20:40 via abc.net.au
  
  As former Qantas workers celebrate their historic victory over the airline in the High Court, an industrial relations lawyer says any compensation bill or financial penalty won't affect Qantas' bottom line — or stop them from outsourcing jobs in the future.
  
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• After being sacked, Don took Qantas to court and won. But experts say the airline could outsource jobs again

  13-09-2023 20:40 via abc.net.au
  
  As former Qantas workers celebrate their historic victory over the airline in the High Court, an industrial relations lawyer says any compensation bill or financial penalty won't affect Qantas' bottom line — or stop them from outsourcing jobs in the future.
  
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• KPMG to lead review of WAIS

  13-09-2023 11:12 via businessnews.com.au
  
  The state government has appointed KPMG to lead a review into the culture at the Western Australian Institute of Sport after the minister overhauled the organisation's board.
  
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• Are Australians ready to give up their cars? Urban planners warn home buyers might not have a choice

  13-09-2023 10:00 via abc.net.au
  
  Apartment owners could share cars as parking-free housing is introduced to curb major cities' traffic congestion.
  
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• Aust shares drop ahead of US inflation readout

  13-09-2023 09:52 via businessnews.com.au
  
  The share market has closed 0.74 per cent lower as traders await another key US inflation report that will likely influence the direction of interest rates.
  
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• Aboriginal heritage changes out for feedback

  13-09-2023 09:44 via businessnews.com.au
  
  Draft changes to Aboriginal heritage laws have been shared with stakeholders ahead of restoration of an amended version of the 51-year old Aboriginal Heritage Act.
  
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• At Close of Business podcast September 13 2023

  13-09-2023 09:43 via businessnews.com.au
  
  Jack McGinn and Tom Zaunmayr discuss local governments going beyond rates for revenue in Western Australia. 
  Plus: Goyder resignation calls; Worksafe investigates Jandakot death, and Cedar Woods homes uncertainty. 
  
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• Court rules in Yolk Property, buyer dispute

  13-09-2023 09:42 via businessnews.com.au
  
  Yolk Property Group has been caught up in a legal dispute with a disgruntled purchaser who bought a $1.5 million lot on its North Fremantle project.
  
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• WACA green lights $155m redevelopment

  13-09-2023 09:36 via businessnews.com.au
  
  The Western Australian Cricket Association's board has voted in favour to push ahead with the $155 million redevelopment of the sporting code’s ground.
  
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• New venture syndicates target startups

  13-09-2023 09:33 via businessnews.com.au
  
  Two new venture capital syndicates were launched in Western Australia this week, adding extra capital raising avenues for local startups.
  
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• Senior public servants responsible for regulating Qantas accepted Chairman’s Lounge invitations

  13-09-2023 09:17 via abc.net.au
  
  Public servants from the Australian Competition and Consumer Commission and the Civil Aviation and Safety Authority have accepted membership to Qantas’ invite-only Chairman’s Lounge, while their agencies were responsible for regulating the airline.
  
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• Woodvale centre sells for $36.5m

  13-09-2023 09:08 via businessnews.com.au
  
  Locus Development Group and Security Capital Australia bought the Woolworths anchored asset and have signalled expansion plans.
  
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• Local governments work smart for revenue

  13-09-2023 09:06 via businessnews.com.au
  
  WA’s shires and councils are expanding income sources through necessity and ambition.
  
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• Users call for EPA DomGas monitoring

  13-09-2023 07:24 via businessnews.com.au
  
  A group representing the interests of the state’s biggest gas users wants the Environmental Protection Authority to monitor domestic supply, a government inquiry has heard.
  
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• Uni merger puts focus back on WA

  13-09-2023 07:11 via businessnews.com.au
  
  Historically reluctant to join forces, the state’s universities may look east for tie-up opportunities.
  
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• Workplace death at Jandakot facility

  13-09-2023 07:10 via businessnews.com.au
  
  The workplace watchdog is investigating the death of worker at a Jandakot steel manufacturing facility after an accident occurred early Wednesday morning.
  
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• Workplace death at Jandakot engineering facility

  13-09-2023 07:10 via businessnews.com.au
  
  The workplace watchdog is investigating the death of worker at a Jandakot engineering facility after an accident occurred early Wednesday morning.
  
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• Cedar Woods homes uncertain amid builder collapse

  13-09-2023 06:51 via businessnews.com.au
  
  West Perth developer Cedar Woods Properties told the ASX that it was reviewing its options amid the collapse of a South Australian builder.
  
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• 'There is no greater priority': The $100b call to keep Australia in the renewable race

  13-09-2023 06:45 via abc.net.au
  
  The renewable energy sector says large investment is urgently needed to keep up with the United States' landmark IRA bill.
  
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• Major Queensland mine restricted after truck slides out of control for 177 metres

  13-09-2023 05:55 via abc.net.au
  
  Operations at one of the state's biggest coal mines remain suspended after two serious incidents in one night.
  
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• Senate gives green light to $10b housing fund

  13-09-2023 05:51 via businessnews.com.au
  
  A $10 billion fund that will be used to build thousands of social and affordable homes has passed the Senate after months of negotiations.
  
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• Strike warns gas policy stifling investment

  13-09-2023 05:49 via businessnews.com.au
  
  Strike Energy has told the state’s Domestic Gas Price Inquiry that a requirement for onshore Perth Basin projects to supply the domestic market is stifling access to international investment.
  
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• Govt backs climate change-hit scallop farmers

  13-09-2023 05:39 via businessnews.com.au
  
  The state government has stepped into fund a research program to futureproof WA’s scallop industry in the face of mounting difficulties caused by climate change.
  
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• Eagles launch CEO search, Nisbett confirms exit

  13-09-2023 04:56 via businessnews.com.au
  
  The embattled West Coast Eagles has confirmed it will launch its search to replace long-serving chief executive Trevor Nisbett, who will depart at the end of next season.
  
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• Qantas illegal sacking appeal thrown out

  13-09-2023 04:17 via businessnews.com.au
  
  Transport Workers Union national secretary Michael Kaine has called for prominent company director Richard Goyder to resign from the Qantas board after the airline’s appeal to the High Court was tossed.
  
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• EPA backs Woodside's major solar plan

  13-09-2023 04:03 via businessnews.com.au
  
  The environmental watchdog has recommended approval for Woodside’s proposed solar farm and battery energy system near Karratha, subject to strict conditions.
  
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• EPA backs Woodside's 500MW solar plan

  13-09-2023 04:03 via businessnews.com.au
  
  The environmental watchdog has recommended approval for Woodside’s proposed solar farm and battery energy system near Karratha, subject to strict conditions.
  
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• Woodside producing at Gulf oil project

  13-09-2023 03:23 via businessnews.com.au
  
  Perth-headquartered Woodside Energy has commenced oil production at the Shenzi North project in the Gulf of Mexico, acquired in its deal for BHP Petroleum in 2022.
  
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• Liontown awards final major $100m contract

  13-09-2023 03:17 via businessnews.com.au
  
  Takeover target Liontown Resources has awarded its final major construction contract for its Kathleen Valley lithium project after engaging Monadelphous Group.
  
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• Fat bikes boom in popularity in Sydney, leading to dozens of complaints

  13-09-2023 02:34 via abc.net.au
  
  Parents say they're driving less and that their kids are enjoying the freedom afforded by e-bikes, but others have voiced concerns about safety.
  
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• Costs and wary consumers driving businesses to the wall

  13-09-2023 02:28 via businessnews.com.au
  
  A wary consumer is starting to hit vulnerable sections of the private sector, with more business failures likely to come.
  
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• Qantas workers celebrate historic 'The Castle vibes' win after High Court ruled the airline illegally sacked staff

  13-09-2023 02:17 via abc.net.au
  
  Qantas took a long-running battle with the Transport Workers' Union over sacked staff to the High Court, where the airline today lost its appeal.
  
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