Analyst news

• RBA lifts inflation forecasts, US Federal Reserve 'not confident' interest rates are high enough, shares sink — as it happened

  09-11-2023 22:13 via abc.net.au
  
  The ASX closed lower after the RBA gave its latest economic update, outlining that inflation is unlikely to return to target until December 2025, while the US Federal Reserve warned interest rates may not be high enough.
  
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• Live: US Federal Reserve 'not confident' interest rates are high enough, Wall Street slips, ASX set for modest start

  09-11-2023 22:13 via abc.net.au
  
  Comments by the US Federal Reserve chair Jerome Powell that interest rates are not high enough to tame inflation send Wall Street lower, with the ASX set for a modest start ahead of the RBA's latest economic update. Follow live.
  
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• Live: ASX lower as RBA adjusts inflation expectations, US Federal Reserve 'not confident' rates high enough

  09-11-2023 22:13 via abc.net.au
  
  The ASX is trading lower after the RBA gave its latest economic update, outlining that inflation is unlikely to return to target until December 2025, while the US Federal Reserve warns interest rates may not be high enough. Follow live.
  
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• Live: ASX lower after US Federal Reserve 'not confident' interest rates are high enough, RBA to give inflation update

  09-11-2023 22:13 via abc.net.au
  
  Comments by US Federal Reserve chair Jerome Powell that interest rates are not high enough to tame inflation have sent Wall Street and the ASX lower, ahead of the RBA's latest economic update. Follow live.
  
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• NCIS: Sydney uses its homegrown crew to highlight the best of the city

  09-11-2023 21:52 via abc.net.au
  
  The head of scripted for the new NCIS: Sydney has used the knowledge of her hometown to develop a unique character for the new wing of the television franchise.
  
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• Homegrown crew highlights the best of the Harbour City in NCIS: Sydney

  09-11-2023 21:52 via abc.net.au
  
  The head of scripted for the new NCIS: Sydney has used the knowledge of her hometown to develop a unique character for the new wing of the television franchise.
  
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• NT government says controversial project involving gas plant will help close the gap for Indigenous Territorians

  09-11-2023 21:41 via abc.net.au
  
  In a submission to an inquiry into the Middle Arm Development Precinct, the NT government has listed Closing the Gap as a key "strategic" reason to pursue the $1.5 billion project. 
  
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• More Canberra home buyers to see stamp duty waived as government scheme expands

  09-11-2023 20:29 via abc.net.au
  
  The ACT government's expanded stamp duty concession is likely to incentivise downsizing for older Canberrans, freeing up stand-alone houses for growing families, industry experts say.
  
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• Hope off-the-plan stamp study concessions will help free up stand-alone houses for Canberra families

  09-11-2023 20:29 via abc.net.au
  
  The ACT government's expanded stamp duty concession is likely to incentivise downsizing, according to industry experts.
  
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• Hope off-the-plan stamp duty concessions will help free up stand-alone houses for Canberra families

  09-11-2023 20:29 via abc.net.au
  
  The ACT government's expanded stamp duty concession is likely to incentivise downsizing, according to industry experts.
  
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• Burning flags in a kids' game: Why protests about the Israel-Gaza war are happening in Roblox

  09-11-2023 19:00 via abc.net.au
  
  Protests over the Israel-Gaza war have swept the globe — and the virtual worlds of video games are no exception.
  
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• Iceland's iconic Blue Lagoon closes due to fears of potential volcanic eruption

  09-11-2023 14:55 via abc.net.au
  
  The decision came after an uptick in tremors that have been shaking the surrounding area on the Reykjanes peninsula, in Iceland's south-west, in recent weeks.
  
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• Warning on local impact of gas delays

  09-11-2023 09:44 via businessnews.com.au
  
  A new report has singled out timely local supply from Woodside’s Scarborough project and the Perth Basin as critical to balancing the state’s tight domestic gas market.
  
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• ADCO wins WA Cricket contract

  09-11-2023 09:13 via businessnews.com.au
  
  WA Cricket has awarded a building contract to ADCO Constructions over works on the WACA Ground Improvement project, which is expected to exceed $160 million.
  
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• Perth jobs cut amid EY’s 232 redundancies

  09-11-2023 09:11 via businessnews.com.au
  
  Big four accounting firm EY has cut five jobs from its Perth office as it sheds 232 employees, becoming the latest firm to announce redundancies due to weak demand.
  
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• At Close of Business November 9 2023

  09-11-2023 09:02 via businessnews.com.au
  
  Mark Pownall and Jack McGinn discuss the state of play in Western Australia's olive industry.
  
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• Traditional owner hits out at Woodside over consultation for new seismic testing bid

  09-11-2023 08:57 via abc.net.au
  
  Raelene Cooper has again challenged Woodside's consultation with traditional owners as the mining giant launches a fresh application for seismic testing in the Pilbara.
  
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• 'Unacceptable': Experts say Optus coverage outage could happen again

  09-11-2023 08:43 via abc.net.au
  
  Telecommunications experts warn Australia’s major mobile providers are vulnerable to another major outage due to gradual cost-cutting and a critical lack of regulation.
  
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• Experts say Optus coverage blackout could happen again

  09-11-2023 08:43 via abc.net.au
  
  Telecommunications experts warn Australia’s major mobile providers are vulnerable to another major outage due to gradual cost-cutting and a critical lack of regulation.
  
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• Aussie shares hit three-week high as bond yields drop

  09-11-2023 08:33 via businessnews.com.au
  
  The ASX200 closed up 0.3 per cent and finished above 7,000 for the first time since mid-October.
  
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• Olive players enjoy fruits of past investment

  09-11-2023 08:25 via businessnews.com.au
  
  In contrast to most industries, the olive sector’s smaller producers tend to get most of the attention.
  
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• The West trade marks The Nightly

  09-11-2023 08:10 via businessnews.com.au
  
  West Australian Newspapers has applied for a trade mark for a venture called The Nightly, ahead of launching a foray into national online news.
  
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• Optus to face senate inquiry, reviews

  09-11-2023 08:02 via businessnews.com.au
  
  Optus will be forced to face a senate inquiry over the 12-hour network blackout of which the major telecommunications provider is yet to confirm a definitive cause.
  
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• The Market Herald to be renamed

  09-11-2023 07:49 via businessnews.com.au
  
  The Market Herald will change its name to The Market Limited, after shareholders voted in favour of a rebrand following a tumultuous period for the company.
  
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• Union's price gouging inquiry hears some Queenslanders paying nearly $100 for a leg of ham

  09-11-2023 07:42 via abc.net.au
  
  A union-backed probe hears Cape York residents are paying exorbitant prices for meat, and up to $2.87 a litre for diesel, while a retired nurse has been forced to go without insurance to make ends meet.
  
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• Chance meeting with Dulux boss inspires small town recycler's waste fix

  09-11-2023 07:42 via abc.net.au
  
  A South Australian recycling business says it has a world-first solution to transform the waste from powder coating production into plastic used in construction.
  
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• 'They're not listening to us': Business owner outraged by Optus data offer after outage

  09-11-2023 07:21 via abc.net.au
  
  Optus will provide eligible customers, including small businesses, 200GB of free data as compensation for its nationwide outage that lasted for more than 12 hours and impacted more than 10 million Australians.
  
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• Optus offers customers 200GB of free data as compensation for nationwide outage

  09-11-2023 07:21 via abc.net.au
  
  Optus will provide eligible customers, including small businesses, 200GB of free data as compensation for its nationwide outage that lasted for more than 12 hours and impacted more than 10 million Australians.
  
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• Optus boss says offer of extra data to outage-hit customers 'demonstrates how much we care'

  09-11-2023 07:21 via abc.net.au
  
  Optus will provide eligible customers, including small businesses, 200GB of free data as compensation for its nationwide outage that lasted for more than 12 hours and impacted more than 10 million Australians.
  
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• Porongurup pinot shows its class

  09-11-2023 07:00 via businessnews.com.au
  
  Pinot noir releases from the Porongurup region are giving the naysayers pause, and rightly so.
  
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• Wildcat to tap investors for up to $100m

  09-11-2023 06:58 via businessnews.com.au
  
  Chris Ellison-backed Wildcat Resources has entered a trading halt ahead of launching a capital raise of up to $100 million off the back of a surging share price.
  
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• Panel approves $42m Dalkeith health centre

  09-11-2023 06:45 via businessnews.com.au
  
  A multi-storey commercial centre has been approved after a four-hour meeting despite concerns from Dalkeith residents, including Kerry Stokes’ right-hand man Brian O’Donnell.
  
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• TOs against Karijini mine peg ground on park border

  09-11-2023 06:25 via businessnews.com.au
  
  Native title holders opposing an iron ore mine bordering Karijini hold a swag of tenements next to the park they say have been pegged to ensure “culturally safe” mining.
  
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• Mining turnover falls 15pc in 12 months

  09-11-2023 06:18 via businessnews.com.au
  
  Australia’s mining industry turnover climbed 2.6 per cent month on month during September but was down more than 15 per cent compared against September 2022.
  
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• Federal government grants $50m for recovery a year after communities hit by record floods

  09-11-2023 05:38 via abc.net.au
  
  The federal member for Calare Andrew Gee says while the funding announcement is a positive step, many residents have fallen into considerable debt due to delays in such assistance.
  
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• After a decade of pain, SA dairy industry celebrates success of farmer-owned milk brand

  09-11-2023 05:35 via abc.net.au
  
  During the $1-per-litre milk wars, desperate producers in SA decided to launch their own brand. Ten years later, they say millions of dollars has been invested back into their industry.
  
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• Airbnb owners offered $10,000 to rent homes long-term

  09-11-2023 05:23 via businessnews.com.au
  
  Short-term accommodation owners in Western Australia will be offered a $10,000 incentive to rent their properties to long-term tenants to boost housing supply.
  
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• Cabbies contemplate Bunbury suburb 'blacklist' after driver wounded

  09-11-2023 04:55 via abc.net.au
  
  A taxi company in the regional city is considering refusing services to some areas after one of its drivers was allegedly stabbed in the back of the head by passengers.
  
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• Philip Cardaci loses appeal against Mae

  09-11-2023 04:40 via businessnews.com.au
  
  Philip Cardaci has failed in his court bid to take back control of his late brother Marc’s estate, reportedly worth more than $40 million, from his widow.
  
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• Philip Cardaci loses appeal against brother’s widow

  09-11-2023 04:40 via businessnews.com.au
  
  The state's highest court has slammed Philip Cardaci in his failed bid to take back control of his late brother Marc’s estate, reportedly worth more than $40 million.
  
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• Thousands of SA teachers rally for better pay, conditions at second strike in months

  09-11-2023 04:24 via abc.net.au
  
  South Australian public school teachers are striking for the second time in less than two months after rejecting a third pay offer from the state government, which the Australian Education Union (AEU) has described as "meagre".
  
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• Senate passes split of workplace relations bill after Lambie and Pocock push

  09-11-2023 04:15 via abc.net.au
  
  The federal government's attempt to make a raft of major changes to industrial relations laws this year looks set to fail, after some of the crossbench secured support for a different approach.
  
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• Lambie and Pocock split government's workplace relations bill in the Senate

  09-11-2023 04:15 via abc.net.au
  
  The federal government's attempt to make a raft of major changes to industrial relations laws this year looks set to fail, after some of the crossbench secured support for a different approach.
  
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• What'll happen to King Island Dairy? Locals are asking the question as owner eyes sale

  09-11-2023 04:10 via abc.net.au
  
  The potential sell-off of the only dairy processing plant on King Island comes as a little surprise to locals who have witnessed a dwindling industry.
  
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• Future unclear for King Island Dairy as island's only milk processor put up for sale

  09-11-2023 04:10 via abc.net.au
  
  The potential sell-off of the only dairy processing plant on King Island comes as a little surprise to locals who have witnessed a dwindling industry.
  
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• Goon sacks among the SA inventions born of 'tinkering in the shed'

  09-11-2023 04:00 via abc.net.au
  
  There are many inventions that can be traced back to South Australia's regions, including the stump jump plough and the beloved wine storage bladder, the goon sack.
  
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• Supply chain probe ‘missed opportunity’: EES

  09-11-2023 03:19 via businessnews.com.au
  
  Local government truck movements and port terminal operations need to be standardised to improve supply chain resilience, according to the boss of a WA freight-forwarding company.
  
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• Stokes retained as Seven West chair

  09-11-2023 03:00 via businessnews.com.au
  
  Billionaire Kerry Stokes has been returned as chair of the Seven West Media board at the company’s annual general meeting this morning.
  
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• EPA supports Lynas' Mt Weld expansion project

  09-11-2023 02:58 via businessnews.com.au
  
  The environmental regulator has waved through Lynas Rare Earths’ proposal to significantly expand its Mt Weld mine and potentially switch the Laverton operation to hybrid renewable power.
  
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• Actors' union announces tentative deal to end strike that shut down Hollywood

  09-11-2023 02:50 via abc.net.au
  
  Screen Actors Guild-American Federation of Television and Radio Artists members walked off the job in mid-July, asking for better protections against AI and streaming concerns. 
  
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