Analyst news

• Rising fuel prices behind higher-than-expected jump in inflation, ASX finishes flat as markets consider possible rate hike — as it happened

  24-10-2023 23:08 via abc.net.au
  
  The ASX finishes flat after the release of the September quarter inflation data, with fuel, electricity and rents behind the higher-than-expected jump, as investors weigh the possibility of a November rate hike by the RBA.
  
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• Live: Rising fuel prices behind higher-than-expected jump in inflation, ASX falls as markets consider possible rate hike

  24-10-2023 23:08 via abc.net.au
  
  The ASX falls after the release of the September quarter inflation data, with fuel, electricity and rents behind the higher-than-expected jump, as investors weigh the possibility of a November rate hike by the RBA. Follow live.
  
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• Live: ASX poised for gains after upbeat US profits; Australian inflation data this morning key for rates

  24-10-2023 23:08 via abc.net.au
  
  The ASX is poised for a positive start to trade after US corporate earnings and outlooks generally beat expectations. But inflation data out at 11:30am AEDT could shift the local market as it sheds light on the RBA's next likely interest rate move. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: ASX opens higher after upbeat US profits; Australian inflation data this morning key for rates

  24-10-2023 23:08 via abc.net.au
  
  The ASX has opened higher at the start of trade after US corporate earnings generally beat expectations, while inflation data out at 11:30am AEDT will shed light on the RBA's next interest rate decision. Follow live.
  
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• Live: ASX opens higher, ABS says higher fuel prices behind jump in inflation

  24-10-2023 23:08 via abc.net.au
  
  The ASX has opened higher at the start of trade after US corporate earnings generally beat expectations, while the ABS says fuel, electricity and rents influenced a 1.2 per cent rise in inflation. Follow live.
  
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• 'Defeat tyranny': Hollywood actress Nazanin Boniadi on why China shouldn't be mediator in the Middle East

  24-10-2023 22:00 via abc.net.au
  
  Iranian-American Hollywood actress and human rights activist Nazanin Boniadi wants to see peace in the Middle East, but she worries about China seeking the role of mediator.
  
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• Actress Nazanin Boniadi on how Iran is responsible for regional aggression and global terrorism

  24-10-2023 22:00 via abc.net.au
  
  Iranian-American Hollywood actress and human rights activist Nazanin Boniadi wants to see peace in the Middle East, but she worries about China seeking the role of mediator.
  
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• ACT businesses could be fined $40,000 for improperly recycling, disposing of food scraps as part of 'circular economy'

  24-10-2023 21:52 via abc.net.au
  
  Canberra businesses could eventually face fines of up to $40,000 for improperly disposing of their food waste as part of the ACT government's push to create a circular economy.
  
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• ACT businesses could be fined $40,000 for improperly disposing of food scraps as part of 'circular economy'

  24-10-2023 21:52 via abc.net.au
  
  Canberra businesses could eventually face fines of up to $40,000 for improperly disposing of their food waste as part of the ACT government's push to create a circular economy.
  
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• Luxury resort forced to close due to floods plans to reopen by increasing chopper flights sevenfold

  24-10-2023 21:44 via abc.net.au
  
  A Blue Mountains hotel wants to significantly increase its number of helicopter flights to the area, from 14 to 105 per week, to chopper guests over flood-affected roads.
  
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• A luxury resort forced to close due to floods has a plan to reopen — but it means choppering visitors into the area

  24-10-2023 21:44 via abc.net.au
  
  A Blue Mountains hotel wants to significantly increase its number of helicopter flights to the area, from 14 to 105 per week, to chopper guests over flood-affected roads 
  
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• Albanese's $2b mining plan to boost clean energy and counter Chinese dominance

  24-10-2023 21:31 via abc.net.au
  
  The prime minister uses his Washington visit to announce a boost for mining critical minerals, which are in demand in the US but dominated by China.
  
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• Albanese unveils plan to boost Australian mines to feed US demand

  24-10-2023 21:31 via abc.net.au
  
  The prime minister uses his Washington visit to announce a boost for mining critical minerals, which are in demand in the US but dominated by China.
  
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• Elke is frustrated you're paying so much for beef when she can't extract a fair price for her cattle

  24-10-2023 21:30 via abc.net.au
  
  Cattle prices have collapsed as producers rush to sell stock before the big dry sets in. But at the supermarket, you wouldn't know it.
  
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• Pauline and Cobie thought they chose a reputable builder. They were left with a home 'sitting in mid-air'

  24-10-2023 20:39 via abc.net.au
  
  Would-be home owners are unable to finish their homes and can't claw back their deposits after a builder linked to a national franchise construction company went into liquidation. 
  
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• Customer's homes riddled with defects after building franchise goes into liquidation

  24-10-2023 20:39 via abc.net.au
  
  Would-be home owners are unable to finish their homes and can't claw back their deposits after a builder linked to a national franchise construction company went into liquidation. 
  
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• Thousands of needless deaths from asbestos taught Australia tough lessons. Have they been forgotten?

  24-10-2023 20:30 via abc.net.au
  
  From coal to asbestos, there's a long and deadly history of dust in Australia. And some are arguing that the lessons of the past aren't being applied today.
  
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• 'They've literally gotten away with murder.' A century on, dust is still killing in Australia

  24-10-2023 20:30 via abc.net.au
  
  From coal to asbestos, there's a long and deadly history of dust in Australia. And some are arguing that the lessons of the past aren't being applied today.
  
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• Woman who alleges she miscarried after falling through Melbourne floor suing real estate agency

  24-10-2023 20:13 via abc.net.au
  
  A tenant who says she miscarried after falling through a hole in the floor of her rental home is suing her former landlord and agency for allegedly breaching a duty of care.
  
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• Tenants say they warned agency of 'extremely fragile' flooring months before pregnant woman fell through floor

  24-10-2023 20:13 via abc.net.au
  
  A tenant who says she miscarried after falling through a hole in the floor of her rental home is suing her former landlord and agency for allegedly breaching a duty of care.
  
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• Icelandic women go on strike for 24 hours over gender inequality — including the prime minister

  24-10-2023 15:23 via abc.net.au
  
  Across the small island nation, schools and libraries were either closed or operated on limited hours as female staff stayed home, while hospitals said they would only handle emergency cases.
  
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• RBA 'will not hesitate' to increase rates if inflation takes longer to return to target than forecast, Bullock warns

  24-10-2023 10:07 via abc.net.au
  
  Reserve Bank of Australia governor Michele Bullock says the central bank "will not hesitate" to increase the cash rate over fears inflation could take longer to return to target than its current "late 2025" forecast.
  
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• RBA 'will not hesitate' to increase rates if inflation takes longer to return to target than forecast

  24-10-2023 10:07 via abc.net.au
  
  Reserve Bank of Australia governor Michele Bullock says the central bank "will not hesitate" to increase the cash rate over fears inflation could take longer to return to target than its current "late 2025" forecast.
  
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• Fini family to build Margaret River hotel

  24-10-2023 10:03 via businessnews.com.au
  
  A development assessment panel has greenlit Fini Group’s application to build a hotel and restaurant in the Margaret River town centre, estimated to cost $8.5 million.
  
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• At Close of Business podcast October 24

  24-10-2023 10:02 via businessnews.com.au
  
  Tom Zaunmayr and Jack McGinn discuss the results of the recent local government elections in major regional areas.
  
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• Rescue helicopter naming rights up for grabs

  24-10-2023 09:40 via businessnews.com.au
  
  Naming rights for the state’s three emergency rescue helicopters have gone to tender in a $3.75 million move which could see the deal change hands for the first time in two decades.
  
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• SCEE secures $50m contract pipeline, appoints new chair

  24-10-2023 09:33 via businessnews.com.au
  
  Southern Cross Electrical Engineering Group has appointed a new chairman as it lines up $50 million worth of contracts from companies such as BHP, Multiplex and Teck Global.
  
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• Australian stocks creep up from near one-year low

  24-10-2023 09:33 via businessnews.com.au
  
  The ASX200 finished up 0.2 per cent as bond yields fell and Israel failed to launch its anticipated ground invasion of Gaza.
  
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• Sirona Urban ‘reconsiders’ 28Lyall

  24-10-2023 09:22 via businessnews.com.au
  
  The West Perth developer is looking at revamping the proposal, after pulling out of the $165 million project last year.
  
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• Monadelphous wins work worth $170m

  24-10-2023 09:06 via businessnews.com.au
  
  Monadelphous Group has booked about $170 million worth of work in contracts with Lynas, Fortescue, BHP and Rio Tinto.
  
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• Monadelphous secures $170m contracts

  24-10-2023 09:06 via businessnews.com.au
  
  Monadelphous Group has booked about $170 million worth of work in contracts with Lynas, Fortescue, BHP and Rio Tinto.
  
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• Perth diamond dealer in administration

  24-10-2023 08:55 via businessnews.com.au
  
  Administrators have been appointed to diamond dealer Macabi Diamonds owned by Yoni Levy who saved prominent jewellery store Rosendorff from receivership in 2019.
  
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• Call to phase out native timber logging in state forests prompts protest in Clarence Valley

  24-10-2023 08:42 via abc.net.au
  
  More than 100 pro-logging protesters rally outside a north coast council meeting.
  
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• AEMO seeks additional SWIS support

  24-10-2023 08:38 via businessnews.com.au
  
  The Australian Energy Market Operator will seek further emergency support for Western Australia’s main power grid, as it looks to address projected risks to supply in the state.
  
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• WA steps up at defence industry awards

  24-10-2023 08:15 via businessnews.com.au
  
  Local companies and people made their mark at the sector’s annual awards night in Canberra.
  
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• Fossil fuels to peak within the decade, according to International Energy Agency

  24-10-2023 08:13 via abc.net.au
  
  Almost half of the world's power will come from "clean" technologies such as wind, solar and nuclear by 2030, but the International Energy Agency says it "may not be enough" to limit global warming.
  
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• Emissions 'still rising' despite acceleration of switch to green, clean tech, report finds

  24-10-2023 08:13 via abc.net.au
  
  Almost half of the world's power will come from "clean" technologies such as wind, solar and nuclear by 2030, but the International Energy Agency says it "may not be enough" to limit global warming.
  
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• Lynas secures updated Malaysian operating license

  24-10-2023 08:06 via businessnews.com.au
  
  Lynas Rare Earths’ shares are surging after it secured a variation allowing it to continue importing and processing Lanthanide concentrate from its Malaysian facility.
  
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• “Productivity anaemia” warning on IR reform

  24-10-2023 07:53 via businessnews.com.au
  
  The federal government committee looking into proposed industrial relations reform has been warned of Australian “productivity anaemia”, while another major miner has vocalised its concerns.
  
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• Regional SA residents want 'less talk and more action' over proposed $600m hydrogen project

  24-10-2023 07:46 via abc.net.au
  
  Whyalla residents are optimistic — but increasingly impatient — about progress on a hydrogen plant and storage facility planned for their town, following the state government's announcement of its preferred partners for the project.
  
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• Green light for ADC_’s Subi apartments

  24-10-2023 07:43 via businessnews.com.au
  
  Construction for a $40 million apartment project in Subi Centro is expected to start next year after developer ADC_ received approval.
  
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• What's behind foul smells and weird colours on some of Queensland's most popular beaches?

  24-10-2023 07:24 via abc.net.au
  
  A "rotting fish" stench and wild water colours are confusing beachgoers at some of Australia's most popular holiday spots. So what's behind the strange phenomenon?
  
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• Chevron’s US$60b deal accelerates oil M&A

  24-10-2023 06:29 via businessnews.com.au
  
  Chevron’s proposed US$60 billion (A$94 billion) acquisition of producer Hess Corporation has been hailed as the acceleration of a new era of global oil megamergers.
  
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• Airbnb’s value to WA revealed as changes loom

  24-10-2023 06:26 via businessnews.com.au
  
  Airbnbs are pumping more than $1.1 billion into Western Australia’s economy and creating 7200 jobs, according to a fresh report dropped as government intervention hangs over the sector’s head.
  
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• 'This is not good for any student': NSW hit with major shortage of casual teachers

  24-10-2023 06:23 via abc.net.au
  
  A major casual teacher shortage means almost 10,000 lessons are happening without adequate educational support in public schools across New South Wales every day. Here's how it could affect your child's school.
  
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• NSW has a major casual teacher shortage. Here's how it could affect your child's school

  24-10-2023 06:23 via abc.net.au
  
  A major casual teacher shortage means almost 10,000 lessons are happening without adequate educational support in public schools across New South Wales every day.
  
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• ABC removes defamatory stories and ordered to pay $400k to former commando Heston Russell

  24-10-2023 05:40 via abc.net.au
  
  Justice Michael Lee last week ruled the ABC's public interest defence had failed, but rejected Mr Russell's claim for aggravated damages.
  
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• More than 100 people are enquiring for a single rental property in this Queensland location

  24-10-2023 05:20 via abc.net.au
  
  The top 10 locations attracting dozens of enquiries on a single property across the state have been revealed.  
  
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• Consumers feeling better about big purchases

  24-10-2023 04:40 via businessnews.com.au
  
  Marked down goods may be nudging more consumers to splash out even as household balance sheets remain under pressure.
  
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• Perth consortium opens Australian space course

  24-10-2023 04:14 via businessnews.com.au
  
  A WA industry-backed robotics consortium has launched an academy to train a new generation of Australian and Kiwi space mission experts.
  
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