Analyst news

• Live: ASX wipes out all its gains of 2023, RBA keeps rates on hold but doesn't rule out future increase

  02-10-2023 23:03 via abc.net.au
  
  The local share market falls sharply as investors bet on interest rates staying higher for longer, while the value of the Australian dollar, gold and oil suffer heavy losses. Follow the latest updates in our live blog.
  
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• Live: ASX wipes out all its gains of 2023, Australian dollar sinks to 11-month low ahead of Reserve Bank decision

  02-10-2023 23:03 via abc.net.au
  
  The local share market falls sharply as investors bet on interest rates staying higher for longer, while the value of the Australian dollar, gold and oil suffer heavy losses. Follow the latest updates in our live blog.
  
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• Live: ASX set to tumble, Australian dollar falls to 11-month low ahead of Reserve Bank decision

  02-10-2023 23:03 via abc.net.au
  
  The local share market is likely to fall sharply in morning trade as investors bet on interest rates staying higher for longer, while the value of the Australian dollar, gold and oil suffered heavy losses. Follow the latest updates in our live blog.
  
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• Live: ASX falls sharply, Australian dollar sinks to 11-month low ahead of Reserve Bank decision

  02-10-2023 23:03 via abc.net.au
  
  The local share market falls sharply as investors bet on interest rates staying higher for longer, while the value of the Australian dollar, gold and oil suffer heavy losses. Follow the latest updates in our live blog.
  
  Read more

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• ASX wipes out all its gains of 2023, RBA keeps rates on hold but doesn't rule out future increase — as it happened

  02-10-2023 23:03 via abc.net.au
  
  The local share market suffered heavy losses as investors bet on interest rates staying higher for longer, while the Australian dollar slumped to its weakest level since November, despite increased bets the Reserve Bank will lift interest rates again in the next few months. 
  
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• Fears for popular hot springs as project could extract 2,300 Olympic pools of water a year

  02-10-2023 22:43 via abc.net.au
  
  A lucrative water licence held by a station near Mataranka Hot Springs, which ignited a political scandal a decade ago, has never been used in full. But its new owners say they'll need the full amount for a new project.
  
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• Ten councils band together to appoint regional housing officer amid housing crisis

  02-10-2023 21:47 via abc.net.au
  
  A group of councils in the Loddon Mallee region is working to jointly appoint a dedicated regional housing officer, as part of a region-wide housing action plan.
  
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• Councils band together to tackle housing crisis crippling regional Victoria

  02-10-2023 21:47 via abc.net.au
  
  A group of councils in the Loddon Mallee region is working to jointly appoint a dedicated regional housing officer, as part of a region-wide housing action plan.
  
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• Tax office reveals 11 more Australians reporting super balances of more than $100 million

  02-10-2023 21:14 via abc.net.au
  
  As the government introduces draft legislation to tighten concessions for the largest superannuation account holders, new data reveals 11 more Australians have joined the ranks of account holders with more than $100 million in super.
  
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• In this growing city, employers drive staff to work to beat transport delays

  02-10-2023 21:12 via abc.net.au
  
  Hours-long delays for taxis and late buses are leaving Townsville residents without a car at a disadvantage. The problem is so bad that one workplace has resorted to driving staff to and from shifts.
  
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• Australia's 'luck running out' as resources exports tipped to plunge in value

  02-10-2023 20:56 via abc.net.au
  
  Australia's first budget surplus in 15 years could prove fleeting amid forecasts the nation's resources earnings could plummet.
  
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• BAE Systems awarded $7.6b contract to develop AUKUS submarines

  02-10-2023 11:25 via abc.net.au
  
  The AUKUS program will see Australia provided with nuclear-powered attack submarines from the early 2030s onwards to help counter China's ambitions in the Indo-Pacific region.
  
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• At Close of Business podcast October 2 2023

  02-10-2023 09:59 via businessnews.com.au
  
  Liv Declerck and Jack McGinn discuss the subdued celebrations of Rocky Bay's 85th birthday, and the disability service provider's future plans.
  
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• Australian shares down slightly on eve of rates verdict

  02-10-2023 09:48 via businessnews.com.au
  
  The local share market has closed 0.2 per cent lower in quiet Monday trading with a long weekend holiday observed much of the country.
  
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• Neometals offtake deal falls through

  02-10-2023 09:44 via businessnews.com.au
  
  Minerals explorer Neometals has been unable to nail down offtake terms with Chinese buyer Jiuxing Titanium Materials Co for its project in the Mid West.
  
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• Huge housing outlay needed in Esperance

  02-10-2023 09:38 via businessnews.com.au
  
  Esperance needs up to 3,400 extra homes by 2050 to accommodate a number of major projects, sea change-seeking farmers and a growing tourism industry.
  
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• Cedar Woods’ Swanbourne plan progresses

  02-10-2023 09:35 via businessnews.com.au
  
  The land developer is ahead of the pack to deliver a residential development in the coastal precinct, as it moves through he market led process.
  
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• Business front of mind for new Cockburn CEO

  02-10-2023 09:20 via businessnews.com.au
  
  New City of Cockburn chief executive Daniel Simms has committed to strengthening business ties in the region on day one of his tenure at the southern suburban local government.
  
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• Over-regulation risks strangling the economy

  02-10-2023 09:16 via businessnews.com.au
  
  Government’s increasing regulation of business can come at a cost, particularly for the less wealthy.
  
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• ACCC: WA childcare prices rise

  02-10-2023 09:04 via businessnews.com.au
  
  Western Australia has the second highest growth in average hourly fee for outside school hours care in the country, the consumer watchdog finds.
  
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• Miners, businesses scramble to source alternative flights as QantasLink pilot strike looms

  02-10-2023 07:56 via abc.net.au
  
  An upcoming pilot strike is causing "disruption" and "turmoil" in the WA resources industry, as FIFO flights are set to be cancelled.
  
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• More nuanced thinking needed on emissions

  02-10-2023 07:19 via businessnews.com.au
  
  Should emissions from food production be considered in the same light as those generated by disposable consumer goods?
  
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• 'There was just nothing else': Expensive rents forcing older women into shared housing

  02-10-2023 06:40 via abc.net.au
  
  Skyrocketing rents are pushing many older single women into a type of accommodation that is usually associated with young adults — shared housing.
  
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• Pilot strike to wreak havoc on resources sector workers

  02-10-2023 06:19 via businessnews.com.au
  
  Thousands of FIFO workers are expected to be affected when pilots from the Qantas-owned Network Aviation work off the job as a wages dispute intensifies.
  
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• Rocky Bay shoots for gold standard

  02-10-2023 05:34 via businessnews.com.au
  
  The disability services provider celebrates 85 years in 2023, with big plans to grow for the longer term.
  
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• Nifty WA firms find skills crisis workarounds

  02-10-2023 05:09 via businessnews.com.au
  
  Western Australian businesses are finding ways around the crippling skills shortage with a new report showing the crisis cooling off as a concern.
  
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• VEEM strikes deal with US marine engineer

  02-10-2023 05:08 via businessnews.com.au
  
  Marine technology firm VEEM has struck an agreement with US-based Sharrow Engineering to manufacture and sell a collaborative propeller product.
  
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• Perth home values spike

  02-10-2023 04:42 via businessnews.com.au
  
  The city’s house prices continue rise faster than other Australian jurisdictions, with an 8.8 per cent increase for the year and 1.3 per cent monthly rise.
  
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• Monadelphous to acquire WA contractor

  02-10-2023 04:33 via businessnews.com.au
  
  Western Australian contractor Melchor Construction is set to be snapped up by Monadelphous Group to bolster the company’s civil construction offerings.
  
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• Respect in Mining toolkit unveiled

  02-10-2023 02:55 via businessnews.com.au
  
  A toolkit to support the mining industry in addressing workplace sexual harassment has been released by the state government ahead of next year’s Respect in Mining program rollout.
  
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• Loyalty programs becoming vital to Aussie business

  02-10-2023 02:43 via businessnews.com.au
  
  Rewards programs like Flybuys, Everyday Rewards and MYER One are becoming essential to Australian businesses for customer insights and engagement.
  
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• Australian 'drone killer' system heading for Ukraine

  02-10-2023 02:35 via abc.net.au
  
  In the back lot of an industrial site in Canberra, engineers are producing a response to the growing drone threat in Ukraine. It is called Slinger — and it is designed to counter drones at a cost that countries like Ukraine can afford.
  
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