Analyst news

• We fact checked Jim Chalmers on whether workers are $3,700 better off under Labor. Here's what we found

  19-10-2023 23:01 via abc.net.au
  
  Treasurer Jim Chalmers says the average full-time worker is $3,700 a year better off under Labor. Is that correct? RMIT ABC Fact Check investigates.
  
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• Millions spent on Santos' unused Barossa gas rig 'risky' business for investors, analyst says

  19-10-2023 22:39 via abc.net.au
  
  Santos plans to start drilling at its Barossa gas field by the end of the year, but a gas analyst says major legal and environmental hurdles, and costly delays, is making that timeline "increasingly unrealistic".
  
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• Live: US Federal Reserve chair warns interest rates could rise again, Wall Street slides, ASX set to open lower

  19-10-2023 22:29 via abc.net.au
  
  Local shares are set to open lower after a slide on Wall Street overnight, with all three major US indices faltering after Federal Reserve chairman Jerome Powell warned the central bank could raise interest rates again. Follow live.
  
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• Live: Liontown shares in freefall, ASX loses more than 1 per cent for second straight day

  19-10-2023 22:29 via abc.net.au
  
  Local shares are down more than 1 per cent for the second straight session, as Wall Street dropped again on interest rate fears. Liontown Resources is the biggest mover, down around 30 per cent after a multi-billion-dollar takeover bid failed. Follow live.
  
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• Live: Liontown Resources shares in freefall, ASX opens lower after Wall Street slide

  19-10-2023 22:29 via abc.net.au
  
  Local shares are down in early trade after a slide on Wall Street overnight. Liontown Resources is the biggest mover, down 35 per cent after a multi-billion-dollar takeover bid failed. Follow live.
  
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• ASX closes down, ASIC bans former PwC partner Peter Collins for eight years — as it happened

  19-10-2023 22:29 via abc.net.au
  
  The ASX ends the week lower following Wall Street jitters. The former PwC Australia partner at the heart of the tax leaks scandal, Peter Collins, has been banned from providing financial services by Australia's corporate watchdog. This is how the day unfolded.
  
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• As it happened: ASX closes down, ASIC bans former PwC partner Peter Collins for eight years

  19-10-2023 22:29 via abc.net.au
  
  Share market ended the week lower after the former PwC Australia partner at the heart of the controversial tax leaks scandal, Peter Collins, has been banned by Australia's corporate watchdog from providing financial services for eight years.
  
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• Sara was skipping meals and eating instant noodles to save money. Then she was diagnosed with malnutrition

  19-10-2023 21:31 via abc.net.au
  
  To save money, Sara would cook a meal for her family and then fill up on two-minute noodles for herself. Then she was diagnosed with malnutrition. Experts say food insecurity is on the rise in Australia, but measuring the extent of the problem isn't easy.
  
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• As the price of milk nearly doubles, why are its workers walking off the job?

  19-10-2023 20:53 via abc.net.au
  
  Surging supermarket prices tell the story of why a wide range of dairy industry workers have mounted coordinated strike action this week. So where are these dairy profits going?
  
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• As the price of milk nearly doubles, why are dairy workers walking off the job?

  19-10-2023 20:53 via abc.net.au
  
  Surging supermarket prices tell the story of why a wide range of dairy industry workers have mounted coordinated strike action this week. So where are these dairy profits going?
  
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• New modelling shows Victoria could save billions by swapping the urban sprawl for compact living

  19-10-2023 20:16 via abc.net.au
  
  Victoria's independent infrastructure adviser says the state will be $43 billion better off if it swaps its urban sprawl for compact city living. 
  
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• Infrastructure body warns housing in a 'sprawling city' would take up 12,000 times MCGs in land

  19-10-2023 20:16 via abc.net.au
  
  Victoria's independent infrastructure adviser says the state will be $43 billion better off if it swaps its urban sprawl for compact city living. 
  
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• Infrastructure body warns housing in a 'sprawling city' would take up 12,000 MCGs in land

  19-10-2023 20:16 via abc.net.au
  
  Victoria's independent infrastructure adviser says the state will be $43 billion better off if it swaps its urban sprawl for compact city living. 
  
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• At Close of Business Podcast October 19 2023

  19-10-2023 10:34 via businessnews.com.au
  
  Isabel Vieira and Nadia Budihardjo discuss the upcoming local government elections with a spotlight on the City of Perth mayoral candidates.
  
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• Liontown unveils $1bn funding bonanza

  19-10-2023 10:06 via businessnews.com.au
  
  Liontown Resources has drummed up significant equity and debt funding to get Kathleen Valley up and running, lining up a $376 million capital raising and a $760 million loan package.
  
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• Tightly contested regional wrestles

  19-10-2023 10:03 via businessnews.com.au
  
  Council elections in WA’s regions could throw up some surprises.
  
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• Danish idea could hit sweet spot

  19-10-2023 10:03 via businessnews.com.au
  
  For years, the Danes have shown how good life can be when your default position with strangers and government is trust.
  
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• Government Architect steps down

  19-10-2023 09:59 via businessnews.com.au
  
  Rebecca Moore will move on after three years in the role, citing personal reasons.
  
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• Aust shares plunge as Middle East conflict deepens

  19-10-2023 09:58 via businessnews.com.au
  
  The ASX200 has fallen below 7000, again putting the benchmark index in the red for the year, amid fears about the conflict in the Middle East.
  
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• Petstock to divest WA assets over regulator concerns

  19-10-2023 09:49 via businessnews.com.au
  
  Australia’s second largest specialty pet retailer Petstock is proposing to divest 11 of its Western Australian assets to squash market competition concerns raised by the regulator.
  
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• Alcoa refinery jobs on the chopping block

  19-10-2023 09:36 via businessnews.com.au
  
  About 90 employees working at Alcoa’s Kwinana alumina refinery could lose their jobs as part of a cost-cutting exercise across Western Australian operations.
  
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• Approvals systems must change

  19-10-2023 09:16 via businessnews.com.au
  
  Ian Campbell says WA risks missing the opportunity to be at the forefront of the energy transition, unless its approvals process changes.
  
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• Lisa Wilkinson suing Network Ten for $700,000 over legal bills for Bruce Lehrmann defamation case

  19-10-2023 09:07 via abc.net.au
  
  Journalist Lisa Wilkinson is suing Network Ten for legal costs that have been racked up fighting the defamation case brought against her and the network by Bruce Lehrmann.
  
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• Lisa Wilkinson suing Network Ten for $370,000 over legal bills for Bruce Lehrmann defamation case

  19-10-2023 09:07 via abc.net.au
  
  Journalist Lisa Wilkinson is suing Network Ten for legal costs that have been racked up fighting the defamation case brought against her and the network by Bruce Lehrmann.
  
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• Fears regions will miss out on skilled workers in visa shake-up

  19-10-2023 08:58 via abc.net.au
  
  Recent changes to the South Australian General Skilled Migration Program has regional centres worried they could miss out on attracting skilled migrants.
  
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• Qantas gives up on acquiring Alliance Aviation

  19-10-2023 08:54 via businessnews.com.au
  
  Qantas has thrown in the towel on its attempt to buy charter operator Alliance Aviation after the deal was opposed by the ACCC.
  
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• WA Premier says Alcoa refinery closure commentary 'disappointing'

  19-10-2023 08:37 via abc.net.au
  
  The mining giant's US boss has told Wall Street analysts that 'curtailment and closure' is an option as it investigates cost saving measures across its WA operations.
  
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• 'Anti-NIMBY' laws for Sydney pubs and live music to help city rediscover its groove

  19-10-2023 08:19 via abc.net.au
  
  New laws propose venues would need at least five complaints from different individuals before action could be taken, as NSW's premier says red tape has taken "the fun out of Sydney".
  
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• Authorities investigating after radioactive material goes missing at SA steelworks

  19-10-2023 08:18 via abc.net.au
  
  Authorities are investigating the loss of an industrial gauge with a radioactive source somewhere on a 1,000 hectare steelworks site on South Australia's Eyre Peninsula. 
  
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• Labor expands Pacific immigration with new visa legislation

  19-10-2023 07:53 via abc.net.au
  
  The Pacific Engagement Visa will give to opportunity to 3,000 people from the region each year to permanently settle in Australia. 
  
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• Rinehart’s McPhee Creek gets EPA nod

  19-10-2023 07:38 via businessnews.com.au
  
  Gina Rinehart-owned Atlas Iron’s $605 million McPhee Creek iron ore project has taken a leap towards fruition after it received support from the state’s peak environmental body.
  
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• 'I have peed in the bush': Nicole Kidman on what it takes to be successful in Hollywood

  19-10-2023 07:33 via abc.net.au
  
  Nicole Kidman has spoken publicly for the first time about her role as an award-winning producer and co-founder of Blossom Films. She was joined by her production partner Per Saari at SXSW Sydney at a session presented by Australians In Film and Screen Australia.
  
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• Locus buys Stirling site

  19-10-2023 06:24 via businessnews.com.au
  
  The $2.7 million acquisition paves the way for a 22-townhouse project.
  
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• Kimberley tourism 'slowly recovering' after floods, but cost of living a new challenge

  19-10-2023 06:23 via abc.net.au
  
  Visitor numbers at several national parks in the Kimberley are returning to normal after the ravages of record flooding, and WA's hard border closures.
  
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• Sage fails in tax documents plea

  19-10-2023 06:08 via businessnews.com.au
  
  Former Perth Glory owner Tony Sage has failed in his bid to access documents he claimed was used by the Australian Taxation Office for an audit that led to penalty assessments.
  
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• Rescue chopper called in after plane crashes on southern Queensland property

  19-10-2023 05:58 via abc.net.au
  
  Emergency services are at the scene of a light plane crash south-west of Warwick. Firefighters say a grassfire has started as a result.
  
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• Pilot of 'kit-built' aircraft dies in fiery crash into paddock in southern Queensland

  19-10-2023 05:58 via abc.net.au
  
  Police say a transmission was received that a light plane was experiencing trouble before charred remnants of the aircraft were found in a paddock on the Southern Downs.
  
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• Paddock left charred as police investigate remnants of Southern Downs plane crash

  19-10-2023 05:58 via abc.net.au
  
  Emergency services are at the scene of a light plane crash south-west of Warwick. Firefighters say a grassfire started as a result.
  
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• Northern Star shares on the rise as gold price rallies

  19-10-2023 05:10 via businessnews.com.au
  
  Super Pit miner Northern Star is off to a staid start for the new financial year but has traded higher against the backdrop of new highs for Australian gold driven by conflict in the Middle East.
  
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• How the changes to the government's paid parental leave scheme will affect you

  19-10-2023 04:48 via abc.net.au
  
  Parents will be offered more paid parental leave in the years ahead, but there are some rules about how it can be used. Here's what you need to know.
  
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• Contractor Raubex to deliver Karijini road upgrades

  19-10-2023 04:34 via businessnews.com.au
  
  Karijini National Park’s $16 million worth of upgrades will commence next month with contractor Raubex Construction to break ground on major road upgrades.
  
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• Forrests donate $10m to Gaza

  19-10-2023 04:24 via businessnews.com.au
  
  Minderoo Foundation has donated $10 million to facilitate the urgent delivery of humanitarian aid to civilians impacted by the conflict in Gaza.
  
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• Ticketek fined $500k for breaking spam laws

  19-10-2023 04:02 via businessnews.com.au
  
  Popular ticketing platform Ticketek has been slapped with a more than $500,000 infringement notice after breaking spam laws by sending thousands of unauthorised texts and emails.
  
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• Jobless rate falls back to 3.6 per cent

  19-10-2023 02:43 via businessnews.com.au
  
  The unemployment rate has edged lower to 3.6 per cent from 3.7 per cent as more people move into the labour force.
  
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• 'Waiting and seeing': Small business owners look at job cuts as customers dry up

  19-10-2023 02:38 via abc.net.au
  
  Australia's unemployment rate edges lower to 3.6 per cent, but only because fewer Australians were looking for work last month.
  
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• Unemployment falls, but won't 'move the needle' on the Reserve Bank's next rates decision

  19-10-2023 02:38 via abc.net.au
  
  Australia's unemployment rate edges lower to 3.6 per cent, but only because fewer Australians were looking for work last month.
  
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• Fall in participation drives unemployment down, even as jobs growth slows to a trickle

  19-10-2023 02:38 via abc.net.au
  
  Australia's unemployment rate edges lower to 3.6 per cent, but only because fewer Australians were looking for work last month.
  
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