Analyst news

• TikTok's popular e-commerce shop banned in Indonesia — the fastest-growing market

  04-10-2023 23:57 via abc.net.au
  
  About 2 million vendors were using TikTok Shop in Indonesia last month but they will not be able to continue on the platform due to a ban on e-commerce transactions on social media platforms.
  
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• This remote community was paying $17 a kilo for tomatoes, but an Indigenous-owned supermarket has slashed prices

  04-10-2023 23:57 via abc.net.au
  
  A new megastore creates career opportunities for First Nations locals in Queensland's north-west, while dramatically cutting grocery bills for its community.
  
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• Live: US tech stocks rally overnight, ASX tipped to open higher

  04-10-2023 23:25 via abc.net.au
  
  US tech stocks rally overnight, ASX tipped to open higher — follow live.
  
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• Live: ASX treads water, trade surplus and household spending data sees economist call a recession in Australia

  04-10-2023 23:25 via abc.net.au
  
  The ASX is tacking sideways today, despite a strong lead from Wall Street overnight. The latest trade surplus and household spending data sees one economist call a recession in Australia — follow live.
  
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• Live: ASX retreats, despite opening higher after US rallly

  04-10-2023 23:25 via abc.net.au
  
  Australia's share market opens higher but retreats in mid-morning trade — follow live.
  
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• Live: ASX gains ground in afternoon session, trade surplus and household spending data leads to economist calling a recession in Australia

  04-10-2023 23:25 via abc.net.au
  
  The ASX is gaining ground today, after a strong lead from Wall Street overnight. The latest trade surplus and household spending data sees one economist call a recession in Australia — follow live.
  
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• ASX closes higher as trade surplus and household spending data paints less-than-rosy economic picture — as it happened

  04-10-2023 23:25 via abc.net.au
  
  The ASX gained ground today after a strong lead from tech stocks on Wall Street. The latest trade surplus and household spending data makes for sobering reading on the state of the Australian economy.
  
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• 'Old school' regulations create bureaucratic nightmare for oyster farmers

  04-10-2023 22:28 via abc.net.au
  
  After 40 years of selling oysters on the New South Wales South Coast, Sally McLean is fed up with government red tape that is threatening to derail her business. 
  
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• Farmgate oysters could disappear due to 'old school' regulations, businesses warn

  04-10-2023 22:28 via abc.net.au
  
  After 40 years of selling oysters on the New South Wales South Coast, Sally McLean says government red tape could stop customers from eating them at her farm.
  
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• Steve lives a 'lonely, secluded' existence, hours away from the region he calls home

  04-10-2023 22:04 via abc.net.au
  
  Steve Klinge, who lives with schizophrenia, spends most days alone in his apartment in the small town of Goomeri. He's one of the many Queenslanders who have been displaced by the state's housing crisis.
  
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• After half a dozen moves, Steve has finally found a home he can afford – but it's 150km from everything he knows

  04-10-2023 22:04 via abc.net.au
  
  Steve Klinge, who lives with schizophrenia, spends most days alone in his apartment in the small town of Goomeri. He's one of the many Queenslanders who have been displaced by the state's housing crisis.
  
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• New group wants deeper ties between Australia and its fourth-largest trading partner

  04-10-2023 21:01 via abc.net.au
  
  Taiwan is expanding efforts to build up networks with state politicians and business leaders in Australia, helping to set up a new “social club” with multiple MPs from both Victoria and South Australia. 
  
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• New Australia-Taiwan Club launches days after Australian MPs visit Taipei

  04-10-2023 21:01 via abc.net.au
  
  Taiwan is expanding efforts to build up networks with state politicians and business leaders in Australia, helping to set up a new “social club” with multiple MPs from both Victoria and South Australia. 
  
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• The granny flat is no longer just for the older generation, as struggling renters move back home with parents

  04-10-2023 20:58 via abc.net.au
  
  New data released by CoreLogic shows the rental crisis is getting worse. With fewer affordable rentals on the market, more people are turning to granny flats, share houses and house-sitting to put a roof over their heads.
  
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• Sue has been house-sitting since the pandemic. In a rental crisis, she is anxious about the day she gets too old to do it

  04-10-2023 20:58 via abc.net.au
  
  New data released by CoreLogic shows the rental crisis is getting worse. With fewer affordable rentals on the market, more people are turning to granny flats, share houses and house-sitting to put a roof over their heads.
  
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• In the ongoing the rental crisis, Mike's best option is to call a granny flat home — and he's only in his 40s

  04-10-2023 20:58 via abc.net.au
  
  New data released by CoreLogic shows the rental crisis is getting worse. With fewer affordable rentals on the market, more people are turning to granny flats, share houses and house-sitting to put a roof over their heads.
  
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• In the ongoing rental crisis, Mike's best option is to call a granny flat home — and he's only in his 40s

  04-10-2023 20:58 via abc.net.au
  
  New data released by CoreLogic shows the rental crisis is getting worse. With fewer affordable rentals on the market, more people are turning to granny flats, share houses and house-sitting to put a roof over their heads.
  
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• Generation stuck: How rising rents and property values are pushing Australians into share homes, granny flats and house-sitting

  04-10-2023 20:58 via abc.net.au
  
  New data released by CoreLogic shows the rental crisis is getting worse. With fewer affordable rentals on the market, more people are turning to granny flats, share houses and house-sitting to put a roof over their heads.
  
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• This community took the NT government to court over its water. The decision could help hundreds of others

  04-10-2023 10:53 via abc.net.au
  
  The NT Supreme Court has ruled the territory government is responsible for supplying safe drinking water to its tenants, in a ruling advocates say could impact Indigenous communities across the country.
  
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• Believers fight to keep potash dream alive

  04-10-2023 10:18 via businessnews.com.au
  
  WA’s dwindling pool of contenders face wary investors and technical challenges in pursuit of a new industry.
  
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• Metal machinists top WA demand

  04-10-2023 10:09 via businessnews.com.au
  
  A national labour market report has highlighted the unique needs of WA businesses, with the occupations most in demand starkly at odds with conditions in other states.
  
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• Johnston backs nickel push for critical status

  04-10-2023 10:07 via businessnews.com.au
  
  Mines minister Bill Johnston has told a nickel forum in Perth that he will continue to lobby for the commodity after it missed out on the federal government’s national list of critical minerals.
  
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• At Close of Business podcast October 4 2023

  04-10-2023 10:03 via businessnews.com.au
  
  Simone Grogan and Jack McGinn discuss the state of play for WA's potash hopefuls.
  
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• Sage pursues review in tax dispute

  04-10-2023 10:02 via businessnews.com.au
  
  Mining entrepreneur Tony Sage is continuing to appeal a tribunal decision that refused him access to documents he claimed could be relevant to his tax audit.
  
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• Australian share market, dollar hit new low for 2023

  04-10-2023 09:40 via businessnews.com.au
  
  Both the local share market and the local currency have dropped to their lowest levels since November as bond yields soar to fresh 16-year highs.
  
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• ‘Shirking’ furore: pay more to lift productivity

  04-10-2023 09:39 via businessnews.com.au
  
  Wealthy property developer Tim Gurner sparked outrage with comments suggesting complacent, lazy workers were at the heart of Australia’s productivity woes.
  
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• CPB wins RAAF defence contract

  04-10-2023 09:33 via businessnews.com.au
  
  CIMIC Group has been contracted by the Department of Defence to undertake work on Royal Australian Air Force Bases Curtin and Learmonth in the state’s north.
  
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• Argonaut profit slides in subdued market

  04-10-2023 09:26 via businessnews.com.au
  
  St Georges Terrace broker Argonaut has posted weaker profits against a particularly prosperous previous financial year, as subdued markets stifle brokerage turnover.
  
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• GDI to sell CBD car park

  04-10-2023 08:59 via businessnews.com.au
  
  GDI Property group has listed its 10-level carpark on the market after the ASX-listed property fund bought the asset in 2021.
  
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• EverNow cements place on WA events calendar

  04-10-2023 08:42 via businessnews.com.au
  
  A major new event launching tonight celebrating the Noongar season of Kambarang will become a permanent fixture on WA’s calendar.
  
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• Westbridge $16m Como townhouses approved

  04-10-2023 08:41 via businessnews.com.au
  
  The Damian Collins-led developer hopes to start building the homes early next year.
  
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• 'Arrogant and intimidatory' Qantas forced school holiday pilot strike, union says

  04-10-2023 07:51 via abc.net.au
  
  As a 24-hour strike by QantasLink pilots shuts down multiple air routes in WA, disrupting the movement of holidaying families and FIFO workers.
  
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• Kingston straight into shadow cabinet

  04-10-2023 07:21 via businessnews.com.au
  
  Newly-minted state MP Louise Kingston has been thrust straight into the opposition’s shadow cabinet following her elevation to parliament.
  
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• Motor neurone disease research wins $500k

  04-10-2023 06:47 via businessnews.com.au
  
  Perron Institute postdoctoral researcher Oliver Li has won a grant valued at more than $500,000 to lead a research project developing effective treatment for motor neurone disease.
  
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• Midland HomeCo sells for $75m

  04-10-2023 06:32 via businessnews.com.au
  
  Primewest spin-off PWD acquired the large format retail asset from HomeCo Daily Needs REIT.
  
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• Inquiry warned foreign competitors could use threat of lead contamination to taint Australian exports

  04-10-2023 06:27 via abc.net.au
  
  Australia's worldwide reputation for fine wool and beef cattle could be wiped out if a lead mine is built in New South Wales, an inquiry has been told. 
  
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• Home builder's collapse leaves scores of projects unfinished in Victoria

  04-10-2023 05:54 via abc.net.au
  
  Chatham Homes has entered voluntary administration and industry figures say customers may have to pay more to get their houses completed.
  
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• Another South Australian builder goes bust, Residence Building Group appoints voluntary administrator

  04-10-2023 05:41 via abc.net.au
  
  Yet another South Australian builder has gone into voluntary administration, citing fixed price contracts as a factor behind debts of more than $1 million.
  
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• City council votes to demolish $1.6 million beautification project for car parks

  04-10-2023 05:20 via abc.net.au
  
  Work on a street beautification project in Central West NSW started less than a year ago, but the local council last night voted to rip it out and replace it with car parks.
  
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• Land at centre of battle to halt Sunshine Coast resort snapped up by Victorian developers

  04-10-2023 05:08 via abc.net.au
  
  The site of a controversial $900 million resort proposed for Yaroomba now has a new owner, after being sold for an undisclosed sum.
  
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• Dozens of Qantas flights cancelled amid pilots strike

  04-10-2023 04:29 via businessnews.com.au
  
  Thousands of Qantas passengers and FIFO workers have had their travel plans cancelled or rescheduled as pilots walked off the job in Perth over a pay dispute.
  
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• Rate hike looms for Broome AirBnB owners

  04-10-2023 04:21 via businessnews.com.au
  
  Rate hikes, large fines and development approvals will be implemented in Broome to crack down on the proliferation of AirBnBs.
  
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• Kellogg's splits into two, changes name and watches shares fall. But Aussies may not see a difference

  04-10-2023 04:15 via abc.net.au
  
  The owner of iconic cereals Corn Flakes and Nutri-Grain, formerly known as the Kellogg Company, has split into two and rebranded as Kellanova and WK Kellogg Co — but Australian consumers are unlikely to notice the change. 
  
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• Agrimin pulls the pin on Beyondie potash deal

  04-10-2023 02:05 via businessnews.com.au
  
  A share sale agreement that would have seen potash aspirant Agrimin acquire Kalium Lakes' flagship project from receivers has been terminated.
  
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• 'Huge concern' as worker is diagnosed with incurable lung disease at Australia's biggest gold mine

  04-10-2023 00:32 via abc.net.au
  
  A respiratory health expert says he's "not surprised" a worker at Boddington gold mine in Western Australia has been diagnosed with silicosis, as a union calls for a redoubling of efforts to protect staff.
  
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