Analyst news

• Live: ASX to rise after a broad rally on Wall Street

  14-09-2023 23:54 via abc.net.au
  
  A rally on Wall Street overnight is likely to send Australian stocks higher. Hotter-than-expected economic data in the US eased worries about a recession without raising fears of a Federal Reserve rate hike next week. Follow the latest updates in our live blog.
  
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• Live: ASX jumps after broad rally on Wall Street, ACCC to block Qantas-China Eastern alliance

  14-09-2023 23:54 via abc.net.au
  
  A rally on Wall Street overnight sends Australian stocks sharply higher. Hotter-than-expected economic data in the US eases worries about a recession without raising fears of a Federal Reserve rate hike next week. Follow the latest updates in our live blog.
  
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• ASX rallies, ACCC to block Qantas-China Eastern alliance — as it happened

  14-09-2023 23:54 via abc.net.au
  
  Local stocks rise and the ACCC moves to block a partnership between Qantas and China Eastern. Look back on the day's financial and business news with our blog.
  
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• Sydney's status as a film and TV hub under a cloud after $188m cut to production funding

  14-09-2023 23:22 via abc.net.au
  
  Hollywood may have to look elsewhere for a place to film with the NSW government slashing funding to programs attracting new TV and movie projects.
  
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• 'Devastating': Screen industry warns of job losses, reputational damage after NSW funding cuts

  14-09-2023 23:22 via abc.net.au
  
  Hollywood may have to look elsewhere for a place to film with the NSW government slashing funding to programs attracting new TV and movie projects.
  
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• Wheelchair users often face abandonment on station platforms as buses replace trains

  14-09-2023 22:47 via abc.net.au
  
  Two hour waits for transport are all too common for wheelchair users in Victoria, with Melbourne "off limits" for some when coaches service the Gippsland line.
  
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• Wheelchair users often abandoned on station platforms as buses replace trains

  14-09-2023 22:47 via abc.net.au
  
  Two hour waits for transport are all too common for wheelchair users in Victoria, with Melbourne "off limits" for some when coaches service the Gippsland line.
  
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• Submissions to NSW parliamentary inquiry warn of 'wilful blindness' in heavy metal mining pollution

  14-09-2023 22:38 via abc.net.au
  
  Around 200 individuals, community groups, and companies lodge submissions to a NSW parliamentary inquiry looking at the impacts of mining on human health, land, air, and water quality.
  
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• Chinese developers exit Australian market as property crisis worsens in China

  14-09-2023 22:03 via abc.net.au
  
  Chinese developer Country Garden invested billions buying and developing prime sites in Australia. Now, it is among several debt-laden developers selling or downsizing their portfolios.
  
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• Chinese developers entered Australia's property market with big wallets and ambitions. Now they're almost gone

  14-09-2023 22:03 via abc.net.au
  
  China's largest private developer Country Garden invested millions buying and developing prime sites in Australia. Now, it is among several debt-laden developers selling or downsizing their portfolios.
  
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• More than 3 million Australians want to move to the outback, according to the Regional Australia Institute

  14-09-2023 21:50 via abc.net.au
  
  As a growing number of Aussies look to life in the bush, the Regional Australia Institute releases a national plan to foster migration away from the cities and facilitate the growth of rural communities.
  
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• It would be Australia's second-largest battery if complete — why clean, green Tasmania is the site for it

  14-09-2023 21:39 via abc.net.au
  
  A proposal for a new giant battery in Tasmania's Central Highlands has been unveiled — with one energy expert saying the technology has a distinct advantage over the massive, and expensive, Marinus Link undersea cable project.
  
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• 'Batteries and hydropower work together': Clean energy Tasmania set to get its first big battery

  14-09-2023 21:39 via abc.net.au
  
  A proposal for a new giant battery in Tasmania's Central Highlands has been unveiled — with one energy expert saying the technology has a distinct advantage over the massive, and expensive, Marinus Link undersea cable project.
  
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• Landmark inquiry recommends immediate creation of taskforce to hold universities to account on sexual violence

  14-09-2023 21:13 via abc.net.au
  
  A landmark Senate inquiry into sexual consent laws recommends the federal government immediately establish an independent taskforce to hold universities and colleges to account on sexual violence.
  
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• 'Staggering' prices and new marketing ploys: How the economics of live music is changing

  14-09-2023 21:00 via abc.net.au
  
  Despite a cost-of-living crisis, Australians are willing to spend more to see live music. And some celebrities are finding ways to encourage them.
  
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• 'No turning back': Why Chinese sports brands are on track to overtake Nike, Adidas in coming years

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• 'No turning back': Chinese sports brands on track to replace Nike, Adidas in coming years

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• 'No idea how they afford it': How brands cash in on kids' dreams

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• 'Instant credibility': Would you spend $200,000 on a pair of sneakers you can't even wear? Here's why some people do

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• 'Instant credibility': Why kids are spending thousands on 'virtual sneakers' they can't even wear

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• How sneaker companies get away with marking shoes up 10,000 times the cost of manufacturing

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• How sneaker brands charge up 10,000 times the cost of manufacturing — and fans eat it up

  14-09-2023 20:55 via abc.net.au
  
  How sneaker brands charge up to 10,000 times the cost of manufacturing — and fans eat it up.
  
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• Multimillionaire property developer admits comments about 'arrogant' workers were 'deeply insensitive'

  14-09-2023 11:49 via abc.net.au
  
  Tim Gurner says he regrets comments he made at a media event, which were slammed by workers, unions and politicians.
  
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• Woodside temporarily blocked from carrying out seismic testing at major gas project off WA coast

  14-09-2023 11:32 via abc.net.au
  
  Woodside is temporarily blocked from moving ahead with part of the Scarborough gas project off Western Australia's northern coast.
  
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• Carnarvon salt mine in sale talks

  14-09-2023 10:59 via businessnews.com.au
  
  A potential sale is on the cards for a Carnarvon salt mine majority owned by Rio Tinto, although operators say there's no certainty a deal will be struck.
  
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• At Close of Business podcast September 14 2023

  14-09-2023 10:22 via businessnews.com.au
  
  Mark Pownall and Jack McGinn discuss the Dick Lester's long-term sponsorship of the Lester Prize for Portraiture.
  
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• Fury as demersal ban sinks businesses

  14-09-2023 10:15 via businessnews.com.au
  
  Fisheries Minister Don Punch has poured cold water on a rethink of demersal fishing limits, claiming they are necessary to avoid complete collapse of the fishery.
  
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• Gurner ‘sincerely’ regrets unemployment remarks

  14-09-2023 10:03 via businessnews.com.au
  
  Property developer Tim Gurner says he 'sincerely' regrets making now-viral comments about needing to see 'pain in the economy', following intense public backlash.
  
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• Aust shares rise on stronger than expected jobs report

  14-09-2023 09:55 via businessnews.com.au
  
  The local share market has finished 0.5 per cent higher following a better than expected Australian jobs report and a slightly hotter US inflation readout.
  
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• Ausgold secures farmland for $10m

  14-09-2023 09:49 via businessnews.com.au
  
  Ausgold has bought two farming properties covering more than 1,000 hectares at its Katanning Gold Project for $10 million.
  
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• Australia's aqua tourism is about to cost more as insurance hikes hit marinas

  14-09-2023 09:32 via abc.net.au
  
  There are fears aqua tourists will head abroad rather than pay increasing prices if insurance hikes in the marine industry aren’t brought under control.
  
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• Reward is in the giving…and receiving

  14-09-2023 09:31 via businessnews.com.au
  
  Dick Lester hopes to widen interest in his eponymous portrait prize.
  
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• Fortescue's green ship goal sails by

  14-09-2023 09:29 via businessnews.com.au
  
  Fortescue Energy’s ambition to have the world’s first green ammonia-powered ship at sea by 2022 has seemingly veered off course, but the group has affirmed plans to trial the ‘Green Pioneer’ later this year.
  
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• Cappuccino strip tenant to end vacancy drought

  14-09-2023 09:00 via businessnews.com.au
  
  The old Dome Café on Fremantle’s cappuccino strip could be leased for a San Churro as the historic building's ground floor continues to gather dust.
  
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• UN expert warns NT Middle Arm project will raise risk of cancer, heart disease and asthma

  14-09-2023 08:50 via abc.net.au
  
  A United Nations expert warns three major NT oil and gas projects will "threaten to make Darwin and the region a climate change sacrifice zone".
  
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• KMS begins Thunderbird mine commissioning

  14-09-2023 08:30 via businessnews.com.au
  
  Commissioning of a $484 million mineral sands project has begun, with production ramp-up slated to begin this year.
  
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• Costs mount as overwhelmed councils fail to meet 'damned near impossible' development deadlines

  14-09-2023 08:15 via abc.net.au
  
  A planning law regarded as a key to fixing the housing crisis is creating an "impossible headache" for councils who say key staff are being tied up in court cases.
  
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• Pannells deliver a beautiful pinot noir

  14-09-2023 08:00 via businessnews.com.au
  
  The well-known winemakers behind Picardy in Pemberton have nailed it with this 2020 vintage.
  
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• MLV buys Commercial Realty

  14-09-2023 07:20 via businessnews.com.au
  
  The acquisition will see the commercial and industrial real estate firm establish a presence in Bunbury.
  
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• Mandurah, Dwellingup win national awards

  14-09-2023 07:14 via businessnews.com.au
  
  Mandurah and Dwellingup have been nationally recognised as leading tourism towns, winning first place at the Australian Top Tourism Town Awards 2023.
  
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• Perenti lines up $150m contracts

  14-09-2023 06:06 via businessnews.com.au
  
  Mining services group Perenti is set to pocket $150 million worth of work after securing contracts from Regis Resources, BHP and Catalyst Metals.
  
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• South West town to welcome 1000 new residents

  14-09-2023 06:02 via businessnews.com.au
  
  Augusta Margaret River councillors have voted in favour of rezoning former farm paddocks into a future development zone in Cowaramup.
  
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• WA unemployment rises, national figure steady

  14-09-2023 05:59 via businessnews.com.au
  
  The number of unemployed people in Australia dipped slightly in August, though the state’s unemployment rate rose by 0.4 percentage points.
  
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• WA hits employment record, population growth strong

  14-09-2023 05:59 via businessnews.com.au
  
  Western Australia's unemployment rate rose by 0.4 percentage points in August, despite reporting a record high number of people in work.
  
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• WA hits employment record, national unemployment steady

  14-09-2023 05:59 via businessnews.com.au
  
  Western Australia's unemployment rate rose by 0.4 percentage points in August, despite reporting a record high number of people in work.
  
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• Have you changed your shopping habits for essential items? Tell us

  14-09-2023 05:10 via abc.net.au
  
  More of us are shying away from big supermarkets and turning to online stores for essentials as part of our routine shop. We want to hear about your shopping alternatives.
  
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• Carey urges density shift

  14-09-2023 04:03 via businessnews.com.au
  
  John Carey has called on the state to shift the conversation around housing density if it wants to catch up to other parts of the world.
  
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• AVC snaps up Northbridge’s The Court

  14-09-2023 04:00 via businessnews.com.au
  
  Australian Venue Co has added The Court Hotel in Northbridge to its Western Australian portfolio in a conditional acquisition, with owner Bree Maddox to stay on.
  
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