Analyst news

• Why cost of living pressures are pushing local sports clubs to the brink

  15-02-2024 23:24 via abc.net.au
  
  Twenty per cent of sporting clubs are on the brink of collapse. There are concerns closures would have an impact not just on regional communities, but also on the quality of the Brisbane 2032 Olympic team.
  
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• Parents being forced to choose between kids' sport and putting food on the table

  15-02-2024 23:24 via abc.net.au
  
  Twenty per cent of sporting clubs are on the brink of collapse. There are concerns closures would have an impact not just on regional communities, but also on the quality of the Brisbane 2032 Olympic team.
  
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• How a new modified clay from Western Australia could help stop algal blooms

  15-02-2024 22:14 via abc.net.au
  
  Algal blooms harmful to humans and fish could be a thing of the past thanks to the development of a new clay modified to target the algae's food source.
  
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• Live: Surging premiums boost profits for insurers IAG and QBE, ASX up, global minimum tax on its way

  15-02-2024 21:41 via abc.net.au
  
  The Australian share market is trading higher as miners benefit from a rise in commodity prices, while Inghams and insurers IAG and QBE are lower after releasing their latest earnings results. After years in the making, the OECD has released Pillar Two of its global plan to collect more tax from multinationals. But will countries implement it? Follow Live. 
  
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• Live: Surging premiums boost profits for insurance companies IAG and QBE, ASX up as commodity prices lift miners

  15-02-2024 21:41 via abc.net.au
  
  The Australian share market is trading higher as miners benefit from a rise in commodity prices, while Inghams and insurers IAG and QBE are lower after releasing their latest earnings results. Follow live.
  
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• Live: ASX set to rise after US retail sales slump fuels gains on Wall Street, UK and Japan in recession

  15-02-2024 21:41 via abc.net.au
  
  The Australian share market is set to rise at the start of trade, after a slump in retail sales data in the US fuelled Wall Street's optimism on interest rate cuts, while the UK and Japan have entered a recession. Follow live.
  
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• Live: ASX higher as commodity prices boost miners, insurance companies IAG and QBE fall after latest profit results

  15-02-2024 21:41 via abc.net.au
  
  The Australian share market is trading higher as miners benefit from a rise in commodity prices, while Inghams and insurers IAG and QBE are lower after releasing their latest earnings results. Follow live.
  
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• As it happened: ASX closes higher off the back of miners; IAG, QBE close lower despite surging profits

  15-02-2024 21:41 via abc.net.au
  
  The Australian share market closed higher as miners benefited from a rise in commodity prices, while insurers IAG and QBE and Inghams closed lower after releasing their latest earnings results missing analyst profit expectations. After years in the making, the OECD has released Pillar Two of its global plan to collect more tax from multinationals. But will countries implement it?
  
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• The next six months could be tough for job hunters, but some industries are worse off than others

  15-02-2024 19:42 via abc.net.au
  
  Economists warn the next six months are going to be tough for job hunters, but some industries are worse than others
  
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• Economists say Australia's job market has turned the corner as business activity slows 'right down'

  15-02-2024 19:42 via abc.net.au
  
  Economists warn the next six months are going to be tough for job hunters, but some industries are worse than others
  
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• Supermarkets as you know them are disappearing from our cities

  15-02-2024 19:00 via abc.net.au
  
  Amid an unabated cost of living crisis, and against the backdrop of price gouging allegations, a shift is taking place — the inner-city supermarket as we once knew it is disappearing.
  
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• A 10-minute walk can take 10 per cent off your shop: How your choice of grocery store changes what you pay

  15-02-2024 19:00 via abc.net.au
  
  Amid an unabated cost of living crisis, and against the backdrop of price gouging allegations, a shift is taking place — the inner-city supermarket as we once knew it is disappearing.
  
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• ABBA marks 50 years since Eurovision win with new documentary

  15-02-2024 15:00 via abc.net.au
  
  A new documentary will look at ABBA's rapid rise and the negativity the musicians faced in their home country.
  
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• Valor secures Canadian uranium project

  15-02-2024 09:30 via businessnews.com.au
  
  Valor Resources has capped off a big week by securing an 80 per stake in the Hook Lake uranium project, located in Canada.
  
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• Apartment growth ‘a slow burn’

  15-02-2024 09:03 via businessnews.com.au
  
  A leading national economist says demand for WA apartments is significantly behind the eastern states.
  
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• Aussie shares rebound, snapping three-day losing streak

  15-02-2024 09:02 via businessnews.com.au
  
  The ASX200 has finished 0.8 per cent higher with Altium soaring on a takeover deal and Wesfarmers and Goodman Group also rising sharply.
  
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• At Close of Business podcast February 15 2024

  15-02-2024 09:00 via businessnews.com.au
  
  Mark Beyer and Jack McGinn discuss the career progression of newly appointed Pilbara Minerals chairman Kathleen Conlon.
  Plus: CITIC flags suspension; BHP's nickel write-down, and Australian Vanadium's plant plan. 
  
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• South32 green lights $3.3bn US project

  15-02-2024 08:57 via businessnews.com.au
  
  South32 has hit go on its plan to build a $3.3 billion zinc mine in the US, with the aim to start producing critical minerals from the asset by 2027.
  
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• Mediation talks in Reynolds, Higgins dispute

  15-02-2024 08:56 via businessnews.com.au
  
  The scheduled mediation between Senator Linda Reynolds, Brittany Higgins and her partner could be delayed amid a looming judgment in Bruce Lehrmann's Federal Court trial.
  
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• Rio Tinto sues WorkPac, claims contract breach

  15-02-2024 08:30 via businessnews.com.au
  
  Rio Tinto has accused the country’s biggest privately-owned workforce business of breaching a contract relating to a fatal truck crash at its Channar iron ore mine.
  
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• NRW revenue up 6.7pc

  15-02-2024 08:30 via businessnews.com.au
  
  NRW Holdings' revenue hit $1.43 billion during the first half of the 2024 financial year, up 6.7 per cent from the previous corresponding period.
  
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• At least six banks affected by network outages, with payments, transfers and account access hit

  15-02-2024 08:14 via abc.net.au
  
  The customers of at least six financial institutions experienced issues with payments and online banking on Thursday, as investigations continue into the root of the problem.
  
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• BHP, union deal avoids strike action

  15-02-2024 08:01 via businessnews.com.au
  
  BHP has narrowly avoided strike action threatened by its iron ore train drivers after reaching an agreement with the Mining and Energy Union today.
  
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• Ethics unit to oversee Victoria Police investigation after homeless man dies in vehicle fire after leaving custody

  15-02-2024 07:18 via abc.net.au
  
  The 48-year-old man, who was found dead in the back of a ute after its canopy caught alight in Echuca, had been in police custody for an unrelated traffic offence hours beforehand, which meant the Professional Standards Command would oversee the investigation.
  
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• Woodside flags impairments, grows reserves

  15-02-2024 07:01 via businessnews.com.au
  
  Woodside Energy has flagged $US1.5 billion ($2.3 billion) worth of non-cash impairments for the 2023 calendar year, including a write-down on its share of output from the Wheatstone project.
  
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• Struggling with traffic woes, minister says Bunbury ring road and highway projects to conclude this year

  15-02-2024 06:46 via abc.net.au
  
  As traffic once again came to a standstill on the major highway between Perth and Margaret River today, Western Australia's transport minister promised the end was in sight for chronic congestion on the region's major roads.
  
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• Distribution powerline towers are built to last, so why do they fall over in a storm?

  15-02-2024 06:46 via abc.net.au
  
  More than 65,000 kilometres of powerlines stretch across Victoria via more than 100,000 towers. But the aging system is not immune from freak weather events.
  
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• Construction workers call for heat stress code after Cross River Rail labourer's death

  15-02-2024 05:25 via abc.net.au
  
  Thousands of construction workers gather outside state parliament to demand the resignation of Industrial Minister Grace Grace amid ongoing concerns about heat stress on worksites.
  
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• Multimillion-dollar construction projects remain in limbo after St Hilliers' voluntary administration

  15-02-2024 05:17 via abc.net.au
  
  The Australian company's construction arm went into voluntary administration this month, with work on 21 development projects grinding to a halt and no guarantee they would resume.
  
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• Condom wrappers, drug paraphernalia left at wetlands prompts calls for change

  15-02-2024 04:53 via abc.net.au
  
  A teenage birdwatcher is calling for the  better management of wetlands and animal safety after regularly finding needle packaging and discarded rubbish at both Nericon and Campbell's wetlands, north of Griffith.
  
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• Thousands of jobs at risk as BHP considers mothballing nickel operations

  15-02-2024 04:19 via abc.net.au
  
  It would be the biggest blow yet to the state's once-booming nickel industry, which has seen mine closures and hundreds of job losses this year amid a sharp fall in metal prices.
  
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• Residents of Yass have been dealing with water quality issues for years, and now they cannot drink it

  15-02-2024 03:53 via abc.net.au
  
  Residents in Yass, Murrumbateman, Bowning, and Binalong are told they should not drink tap water until further notice, and should use caution when bathing children.
  
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• 'Got a minute?': Bruce Lehrmann inquiry chair had informal communication relationship with conservative columnist, court hears

  15-02-2024 03:39 via abc.net.au
  
  Lawyers for the ACT's former top prosecutor argue Walter Sofronoff did not adhere to the conventions of engaging with media during his time leading an inquiry into the prosecution of former Liberal staffer Bruce Lehrmann.
  
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• Insurance industry says battle against 'claim farming', misleading ads, like 'whack-a-mole'

  15-02-2024 02:58 via abc.net.au
  
  Businesses that offer claim management services are regularly confusing and misleading customers, leaving them with hefty bills and driving insurance premiums higher, the industry council says.
  
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• Business owners who lost tens of thousands of dollars in recent blackouts still waiting for compensation

  15-02-2024 02:10 via abc.net.au
  
  Nearly one month after WA regions were plunged into a blackout during a heatwave, the business community still doesn't know if their losses will be compensated.
  
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• Unemployment jumps 'quite sharply', passing 4 per cent with scarcely any jobs added in January

  15-02-2024 01:35 via abc.net.au
  
  Unemployment hits 4.1 per cent with an estimated 500 jobs created in January, according to the Australian Bureau of Statistics.
  
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