Analyst news

• Community funded water park left to languish as insurers refuse to cover youth initiative

  27-03-2024 22:45 via abc.net.au
  
  A police officer and youth advocate who planned to a bring a portable water park to rural children in western Victoria says he has been left high and dry by a risk-averse insurance market. 
  
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• WA's Canberra 'hub' is open for business. But the premier says it's not an embassy, and it's not about the GST

  27-03-2024 22:32 via abc.net.au
  
  WA opens a "hub" in Canberra to promote the state's interests — but the premier says it's not about stepping up the GST carve-up fight. Not everyone's convinced it's a worthwhile initiative.
  
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• New gas field plans in Timor Sea put on backburner over carbon concerns

  27-03-2024 22:21 via abc.net.au
  
  Italian resource giant Eni is reviewing multi-billion-dollar development plans for an extremely carbon-intensive new gas field 330 kilometres north-west of Darwin.
  
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• PM commits $1 billion to Australian-made solar panels

  27-03-2024 21:55 via abc.net.au
  
  One in three Australian households have solar panels, but only 1 per cent are made here. A new federal government program hopes to change that.
  
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• Closed coal-fired power station set for billion-dollar solar panel production makeover

  27-03-2024 21:55 via abc.net.au
  
  One in three Australian households have solar panels, but only 1 per cent are made here. A new federal government program hopes to change that.
  
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• Closed coal-fired power station Liddell set for billion-dollar solar panel production makeover

  27-03-2024 21:55 via abc.net.au
  
  One in three Australian households have solar panels, but only 1 per cent are made here. A new federal government program hopes to change that.
  
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• Anthony Albanese promises $1 billion to launch Australia solar panel production

  27-03-2024 21:55 via abc.net.au
  
  One in three Australian households have solar panels, but only 1 per cent are made here. A new federal government program hopes to change that.
  
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• It might sound uncontroversial — but this NDIS reform is splitting the community

  27-03-2024 21:48 via abc.net.au
  
  As legislation is introduced to parliament as part of a first step towards NDIS reform, the disability community is split about a major recommendation from a recent review of the scheme.  
  
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• 180,000 unregistered teachers would 'cause an outrage'. In another sector, it's an ongoing debate

  27-03-2024 21:48 via abc.net.au
  
  As legislation is introduced to parliament as part of a first step towards NDIS reform, the disability community is split about a major recommendation from a recent review of the scheme.  
  
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• The gold price has already broken records, but experts say the precious metal is only going to get more valuable

  27-03-2024 21:46 via abc.net.au
  
  The gold price set new records this month, as investors pile in to the safe haven asset amid central bank uncertainty and ongoing geopolitical instability, with many analysts expecting further gains to come.
  
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• 'Gold thrives on uncertainty', which is why miners and analysts expect it to keep setting record highs

  27-03-2024 21:46 via abc.net.au
  
  The gold price set new records this month, as investors pile in to the safe haven asset amid central bank uncertainty and ongoing geopolitical instability, with many analysts expecting further gains to come.
  
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• Live: Coles hoarding cash instore over Armaguard fears, while Australian shares set to rise

  27-03-2024 21:36 via abc.net.au
  
  The supermarket giant says it is protecting itself from the potential collapse of money provider, Armaguard. Meanwhile, Wall Street has closed at yet another record. 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: Cash transport company Armaguard rejects $26m lifeline, while Australian shares set new high

  27-03-2024 21:36 via abc.net.au
  
  Armaguard has rejected a $26 million lifeline offered by some of Australia's biggest companies to keep cash moving around the country. Meanwhile, the ASX has breached new territory. 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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• Australian stocks head into Easter on a high — as it happened

  27-03-2024 21:36 via abc.net.au
  
  The ASX has breached new territory and finished the day a fraction off its 12-month high. Meanwhile, Armaguard has rejected a $26 million lifeline offered by some of Australia's biggest companies to keep cash moving around the country. Read how the day's events unfolded.
  
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• Tax havens and worker exploitation behind shipping company in Baltimore disaster

  27-03-2024 20:54 via abc.net.au
  
  The chequered record of the ship's owner in the Baltimore bridge tragedy offers a glimpse of the "murky world" of tax havens and worker exploitation in global shipping.
  
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• Baltimore disaster cargo ship company linked to tax haven, worker exploitation 

  27-03-2024 20:54 via abc.net.au
  
  The chequered record of the ship's owner in the Baltimore bridge tragedy offers a glimpse of the "murky world" of tax havens and worker exploitation in global shipping.
  
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• Urgent calls to fix decaying 'death trap' highway in booming mining region

  27-03-2024 20:50 via abc.net.au
  
  An outback Queensland highway is rapidly falling apart and locals fear a fatal incident is all but inevitable as traffic skyrockets amid increased mining activity in the region.
  
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• New complaint against Meta claims Facebook is failing to keep its misinformation promises to Australians

  27-03-2024 20:06 via abc.net.au
  
  Posts that have been fact-checked and proven false are slipping through Meta's net, a new report alleges. And the tech giant could be in breach of their code of conduct.
  
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• 'Australia and Russia': The missed fact check that sparked a complaint against Facebook's parent company

  27-03-2024 20:06 via abc.net.au
  
  Posts that have been fact-checked and proven false are slipping through Meta's net, a new report alleges. And the tech giant could be in breach of their code of conduct.
  
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• How volunteers are fighting the cyberscam industry in South-East Asia despite 'massive risks'

  27-03-2024 20:02 via abc.net.au
  
  In response to the proliferation of sweatshop-style online scam centres in South-East Asia, individual volunteers and groups have stepped up — often at great personal risk.
  
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• After becoming victim to a 'pig butchering' scam, Troy decided to join a group fighting back

  27-03-2024 20:02 via abc.net.au
  
  In response to the proliferation of sweatshop-style online scam centres in South-East Asia, individual volunteers and groups have stepped up — often at great personal risk.
  
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• Would you move to a Sicilian village for a 1-euro house? Here’s what happened when Krastina did

  27-03-2024 19:54 via abc.net.au
  
  Small towns across Italy are selling homes for just 1 euro to survive terminal population decline. Foreign Correspondent travelled to Sicily to see what life's really like after you buy one.
  
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• Krastina bought a 1 euro house in Sicily while on holiday. Here’s how ‘the dream’ met reality

  27-03-2024 19:54 via abc.net.au
  
  Small towns across Italy are selling homes for just 1 euro to survive terminal population decline. Foreign Correspondent travelled to Sicily to see what life's really like after you buy one.
  
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• We compared the finances of 30-year-olds now, to 30-year-olds 30 years ago

  27-03-2024 19:52 via abc.net.au
  
  To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.
  
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• Suddenly 30 and in a cost-of-living crisis. Did our parents feel this way too?

  27-03-2024 19:52 via abc.net.au
  
  To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.
  
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• In your 30s and feel like you're in a losing race? The data agrees

  27-03-2024 19:52 via abc.net.au
  
  To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.
  
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• Are you 30 and worse off than your parents' generation? Here's the data

  27-03-2024 19:52 via abc.net.au
  
  To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.
  
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• Fears town will collapse as scores of workers laid off after sugar mill closure

  27-03-2024 09:15 via abc.net.au
  
  The closure of Far North Queensland's Mossman Mill will not just affect its workers — sugarcane growers are also facing an uncertain future and many have expressed fears about what will become of their families and their town.
  
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• At Close of Business podcast March 27 2024

  27-03-2024 09:13 via businessnews.com.au
  
  Jack McGinn and Nadia Budihardjo discuss the most influential figures in Western Australia. 
  Plus: Primary school limbo; Bunbury windfarm potential, and Property Council's calls. 
  
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• Australian shares gain ground after domestic CPI report

  27-03-2024 09:05 via businessnews.com.au
  
  The ASX200 has finished up 0.5 per cent - its highest level in almost three weeks - after February inflation came in slightly under expectations.
  
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• Bringing AI benefits to business

  27-03-2024 08:53 via businessnews.com.au
  
  As AI rises, the sourcing, securing and use of data remains problematic for many smaller businesses.
  
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• East Perth school site in limbo

  27-03-2024 08:48 via businessnews.com.au
  
  Education Minister Tony Buti has doubled down on the state government’s plan for an East Perth primary school despite the City of Perth’s refusal to give up the site.
  
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• Mineral Mining Services wins $200m contract

  27-03-2024 08:43 via businessnews.com.au
  
  Bibra Lake-based contractor Mineral Mining Services has notched a $200 million contract with Silver Lake Resources at its gold asset in the Goldfields.
  
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• Brightstar raises $12 million

  27-03-2024 08:30 via businessnews.com.au
  
  A day after confirming its intention to acquire Linden Gold Alliance, Brightstar Resources has announced it will raise $12 million, which will primarily propel future activities at its Menzies and Laverton gold projects.
  
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• It only took 30 seconds for Baltimore's largest bridge to collapse. Here's how the disaster unfolded

  27-03-2024 08:21 via abc.net.au
  
  In less than half-an-hour, a cargo ship had left its port, suffered a power failure and destroyed Baltimore's Key Bridge. It was all captured on video.
  
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• Mandurah Common Ground development progresses

  27-03-2024 08:16 via businessnews.com.au
  
  The Mandurah permanent housing development is out to tender four years after it was first announced, detailing plans for a six-storey residential and support services complex.
  
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• Arrow acquires Guinea-based project

  27-03-2024 08:00 via businessnews.com.au
  
  Arrow Minerals has secured 100 per cent ownership of the Simandou North Iron project in Guinea, after acquiring a remaining 66.7 per cent stake in Amalgamated Minerals.
  
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• Bunbury port buoys offshore windfarm prospects

  27-03-2024 07:11 via businessnews.com.au
  
  WA’s government-owned ports and offshore project expertise place it in the box seat to build an offshore wind industry, but consultation will have to improve.
  
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• Locus’ $38m Freo townhouses approved

  27-03-2024 07:05 via businessnews.com.au
  
  It was a case of third time lucky for Locus Development Group after an assessment panel approved its redesigned Fremantle townhouses that were estimated to cost $38 million.
  
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• 'Unacceptable' Telstra triple-0 outage caused by multiple technical issues, investigation concludes

  27-03-2024 06:38 via abc.net.au
  
  Telstra's triple-0 outage on March 1 was the combination of a technical fault, an issue in the backup process and a communication error that occurred in the heat of the moment, Telstra CEO Vicki Brady says.
  
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• Canadian contractor lifts Australian presence

  27-03-2024 06:31 via businessnews.com.au
  
  Canadian company North American Construction Group has appointed prominent director Vanessa Guthrie to its board, months after expanding into WA and Queensland through a major acquisition.
  
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• Rooftop solar cap removed in Pilbara towns

  27-03-2024 06:25 via businessnews.com.au
  
  Constraints which blocked Karratha residents and businesses from connecting residential solar to the North West Interconnect System grid have been removed, Horizon Power has revealed.
  
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• Indonesia suspends cattle farmer after mystery death of more than 100 cattle on export ship

  27-03-2024 06:17 via abc.net.au
  
  Indonesia has temporarily banned imports of live cattle from one Australian property, as investigations continue into how more than 100 cattle died on the Brahman Express that sailed from Darwin.
  
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• Sam Drummond learned early on that not having a lot of money is actually expensive — that's why he has only two bank accounts

  27-03-2024 06:00 via abc.net.au
  
  It's Pay Day! Lawyer, disability advocate and author Sam Drummond reveals he doesn't enjoy spending money, and a valuable lesson he learned early on — not having a lot of money is actually expensive.
  
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• Housing market woes highlighted in policy agendas

  27-03-2024 05:00 via businessnews.com.au
  
  The Property Council of Australia and Shelter WA have released their state election platforms, painting a bleak picture of the state’s housing sector.
  
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• Black Rock taps investors for $10m

  27-03-2024 04:00 via businessnews.com.au
  
  Aspiring junior Black Rock Mining has announced it will raise $10 million in order to finalise preparations at its Mahenge graphite project in Tanzania, prior to its final investment decision release.
  
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• South-east Queensland dams at highest level in a year, but rain to ease over Easter

  27-03-2024 03:48 via abc.net.au
  
  The weather bureau forecasts the wet weather to lessen in the catchment leading into the Easter long weekend, with patchy showers predicted.
  
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• Business rises in power balance shift

  27-03-2024 03:34 via businessnews.com.au
  
  Plenty has shifted in Business News’ annual look at WA’s 50 most influential figures, with changes starting at the top of the list.
  
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• Vision-impaired woman's self-driven journey from Sydney nurse to outback filmmaker

  27-03-2024 03:10 via abc.net.au
  
  Eliza-Jayne South's vision loss diagnosis pushed her to live life to the fullest until she could no longer see. The latest achievement in her storied career has led to her biggest opportunity.
  
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• APM takeover deal falls over

  27-03-2024 02:49 via businessnews.com.au
  
  APM Human Services has ducked into a trading halt revealing the $1.8 billion takeover offer from private equity group CVC has fallen over.
  
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