Analyst news

• Qantas identifies cause of app privacy breach, Afterpay owner surges on soaring profits, ASX ends higher — as it happened

  02-05-2024 23:48 via abc.net.au
  
  Qantas has identified what caused its app glitch issue on Wednesday that exposed customer data to other travellers, while the Australian share market has finished higher for the week with Afterpay owner Block surging on its profit results.
  
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• Live: Qantas identifies cause of app privacy breach, Afterpay owner surges on soaring profits, ASX higher

  02-05-2024 23:48 via abc.net.au
  
  Qantas has identified what caused its app glitch issue on Wednesday that exposed customer data to other travellers, while the Australian share market is following Wall Street's gains, with Afterpay owner Block surging on higher profits. Follow live.
  
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• Live: ASX set to gain as US traders take an optimistic view on interest rates

  02-05-2024 23:48 via abc.net.au
  
  The Australian share market is poised for moderate gains, with US traders still betting on Federal Reserve interest rate cuts later this year, despite data showing the economy is still running hot. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX opens higher despite Macquarie profit slump

  02-05-2024 23:48 via abc.net.au
  
  The Australian share market is following Wall Street's gains, but investment banking giant Macquarie is a weight on the ASX 200 following a big drop in full-year profit. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Afterpay owner Block surges on soaring profits as Macquarie slumps, ASX higher

  02-05-2024 23:48 via abc.net.au
  
  The Australian share market is following Wall Street's gains, with Afterpay owner Block leading the gains despite investment banking giant Macquarie reporting a big drop in full-year profit. Follow live.
  
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• Urban planners seek input into Olympic Games design after continuing 'chopping and changing' of plans

  02-05-2024 23:01 via abc.net.au
  
  Australia's peak design and planning bodies say they want a say in the 2032 Olympic Games before it's "too late" to make wise decisions.
  
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• New report indicates Australia will miss target of 1.2 million new homes by 2029

  02-05-2024 22:37 via abc.net.au
  
  The National Housing Supply and Affordability Council warns of worsening conditions across the housing system for years to come, unless the government fulfils all of its housing promises.
  
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• $10,000 payments on offer for apprentices willing to learn clean energy skills as part of their trade

  02-05-2024 22:02 via abc.net.au
  
  Apprentices will be able to claim up to $10,000 to learn skills such as solar panel installation or electric vehicle repair as part of their trade, as the federal government widens its "new energy" apprentice payment.
  
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• The Superjesus launched themselves at Adelaide's Crown and Anchor. They're joining thousands who want it saved

  02-05-2024 10:54 via abc.net.au
  
  For 171 years Adelaide's Crown and Anchor has stood as a site of history and music. Now the battle is on to save the venue from big developers.
  
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• An international developer versus rock stars and politicians. This is the fight for an Adelaide icon

  02-05-2024 10:54 via abc.net.au
  
  For 171 years Adelaide's Crown and Anchor has stood as a site of history and music. Now the battle is on to save the venue from big developers.
  
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• NSW government launches inquiry into Netstrata after ABC revelations of undisclosed kickbacks and exorbitant insurance fees

  02-05-2024 10:33 via abc.net.au
  
  The NSW government has announced an inquiry into one of the country's largest strata management firms following revelations on ABC's 730 that it was charging exorbitant insurance fees and taking an untold sum in industry kickbacks. 
  
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• NSW government announces inquiry into strata management firm following ABC investigation

  02-05-2024 10:33 via abc.net.au
  
  The NSW government has announced an inquiry into one of the country's largest strata management firms following revelations on ABC's 730 that it was charging exorbitant insurance fees and taking an untold sum in industry kickbacks. 
  
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• Macmahon secures $352m contract extension

  02-05-2024 10:05 via businessnews.com.au
  
  Local contractor Macmahon Holdings has notched a $352 million three-year extension to its mining services contract with AngloGold Ashanti over a project in WA.
  
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• Hot Chili to raise $29.9m

  02-05-2024 10:00 via businessnews.com.au
  
  Applecross-based Hot Chili will raise up to $29.9 million courtesy of a private placement, in a bid to further progression at its Costa Fuego copper-gold development in Chile, located 600km from Santiago.
  
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• At Close of Business podcast May 2 2024

  02-05-2024 09:58 via businessnews.com.au
  
  Jack McGinn and Tom Zaunmayr discuss the state of the iron ore market.
  
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• Aussie shares rise as US Fed says rate hikes unlikely

  02-05-2024 09:56 via businessnews.com.au
  
  The ASX200 has finished 0.2 per cent higher as investors took a dovish view of the Federal Reserve chairman's comments on interest rates.
  
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• Predictive taps investors for $50m

  02-05-2024 09:30 via businessnews.com.au
  
  Gold exploration company Predictive Discovery has announced it will raise $50 million in a bid to enhance further growth and development at its flagship Bankan gold project in Guinea.
  
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• Panel approves $280m Freo bridge

  02-05-2024 09:21 via businessnews.com.au
  
  The Western Australian Planning Commission has approved a $280 million replacement of the 80-year-old Fremantle Traffic Bridge.
  
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• Prix D’Amour land sells to Lennon family

  02-05-2024 08:42 via businessnews.com.au
  
  Peet non-executive director Tony Lennon and his family have bought a site that formed part of Prix D’Amour from William and Rose Porteous for $3.75 million.
  
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• Windsor Knight in Subi building dispute

  02-05-2024 08:36 via businessnews.com.au
  
  Cygnet Bay pearl farmers have sued Windsor Knight for almost $2 million, in a legal dispute over office tenancies in a Subiaco shopping centre.
  
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• Misinformation clouds carbon credit

  02-05-2024 08:00 via businessnews.com.au
  
  The aviation sector needs to do a better job of selling its positive message about carbon emissions on the road to net zero.
  
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• Gold galvanises a world in debt

  02-05-2024 08:00 via businessnews.com.au
  
  A rising gold price in a debt-laden world is a sign investors are seeking a safe haven ahead of a looming crisis.
  
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• Mental health support to go virtual under WA-first model

  02-05-2024 07:59 via businessnews.com.au
  
  Mental health services, including crisis support, will go virtual in a WA-first co-response model announced in a tranche of state government health budget commitments.
  
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• Perth residents query decades of water extraction by Coca-Cola tankers amid record dry spell

  02-05-2024 07:48 via abc.net.au
  
  Residents and orchardists in the Perth Hills have raised concerns about thousands of litres of water extracted from a bore on a private property by Coca-Cola Europacific Partners for its bottled water products.
  
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• Caravel puts project before EPA

  02-05-2024 07:00 via businessnews.com.au
  
  Shares in Caravel Minerals rose by 12 per cent on Thursday morning, following news the Subiaco-based explorer had submitted its environmental review document for the Caravel copper project to the Environmental Protection Authority.
  
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• State commits $26m to bolster biosecurity

  02-05-2024 06:34 via businessnews.com.au
  
  Responding to priority plant and animal diseases, bolstering the state’s regional borders, and addressing the threat of feral animals are central to a $26 million state government budget cash splash, announced today.
  
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• Rio Tinto aiming to become world's top copper supplier

  02-05-2024 06:28 via businessnews.com.au
  
  Rio Tinto says it's already on course to be one of the leading suppliers of copper as the board keeps its powder dry on trumping BHP's tilt at Anglo American.
  
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• Teen climate activists demand apology from premier

  02-05-2024 06:25 via businessnews.com.au
  
  Climate activists who protested inside Woodside's annual general meeting claim the WA premier defamed them to the media and have demanded an apology.
  
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• No refunds in sight for hundreds of families caught up in Bonza collapse

  02-05-2024 06:11 via abc.net.au
  
  Single mother Jennifer Hinton spent months saving for a trip from Mackay to Melbourne with her daughter, but now it's looking unlikely that they will get a refund any time soon.
  
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• Remote operations centre to lower the innovation entry barriers

  02-05-2024 06:03 via businessnews.com.au
  
  Perth businesses looking to harness automation now have access to the Local Operations Centre as part of the Australian Automation and Robotics Precinct, bringing state-of-the-art testing and training support for local innovators.
  
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• Operations centre to lower automation entry barriers

  02-05-2024 06:03 via businessnews.com.au
  
  Perth businesses looking to harness automation now have access to the Local Operations Centre as part of the Australian Automation and Robotics Precinct, bringing state-of-the-art testing and training support for local innovators.
  
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• Sun Silver brings forward targeted date

  02-05-2024 05:00 via businessnews.com.au
  
  Sun Silver has announced it will bring forward its targeted Australian Securities Exchange listing date to mid-May, following a successful initial public offering.
  
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• Synergy awards $160m Collie battery contract

  02-05-2024 04:57 via businessnews.com.au
  
  Synergy has awarded a $160 million contract to Southern Cross Electrical Engineering Limited for work on its major Collie battery project.
  
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• US builds pier to provide aid to Gaza — here's how it will work

  02-05-2024 04:25 via abc.net.au
  
  The US says it is "over 50 per cent" with getting the pier set up.
  
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• Long wait on the cards for WA's giant climbing trees to reopen, despite government funding pledge

  02-05-2024 04:24 via abc.net.au
  
  While $3 million will be put towards the Gloucester and Dave Evans Bicentennial Trees in this year's budget, locals and prospective visitors face a wait of at least 12 months for both tourist attractions to reopen. 
  
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• WesCEF boss Ian Hansen to retire

  02-05-2024 04:14 via businessnews.com.au
  
  Wesfarmers’s chemical division managing director Ian Hansen is set to retire later this year, but he will remain chairman on the group’s lithium business.
  
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• Competing bids for cotton producer

  02-05-2024 02:55 via businessnews.com.au
  
  Two global agribusiness giants have lodged competing bids for ASX company Namoi Cotton, which is behind the construction of WA’s first cotton processing gin.
  
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• ASIC to crackdown on 'greenwashing' and 'greenhushing'

  02-05-2024 02:23 via businessnews.com.au
  
  Misleading consumers and investors has never been an acceptable way to make money and faking green credentials is no different, the corporate watchdog warns.
  
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• Queenslanders are set to receive $1,000 off their power bills in 'biggest contribution' from state

  02-05-2024 02:20 via abc.net.au
  
  The credit is almost twice as large as the rebate in last year's budget and will be applied directly to bills. 
  
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• 'Not a cent': Power set to be free next quarter in Queensland

  02-05-2024 02:20 via abc.net.au
  
  The credit is almost twice as large as the rebate in last year's budget and will be applied directly to bills. 
  
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• Iron ore jitters fray nerves

  02-05-2024 02:00 via businessnews.com.au
  
  Doubts over the direction of the iron ore price have fostered talk of lean times ahead for the industry.
  
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• Adani mine could be 'causing environmental harm', say Queensland government officials

  02-05-2024 01:49 via abc.net.au
  
  Queensland government officials have given sworn statements saying Adani's mine could be "causing environmental harm" to protected wetlands after CSIRO rejected the miner's groundwater modelling as "not fit for purpose". 
  
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• We fact checked Anthony Albanese on his record jobs claim. Here's what we found

  02-05-2024 00:33 via abc.net.au
  
  Prime Minister Anthony Albanese says the number of jobs created since Labor was elected is a record for a first-term government. Is that correct? RMIT ABC Fact Check takes a look.
  
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• Fact check: Has Labor created more jobs in 21 months than any other first-term government?

  02-05-2024 00:33 via abc.net.au
  
  Prime Minister Anthony Albanese says the number of jobs created since Labor was elected is a record for a first-term government. Is that correct? RMIT ABC Fact Check takes a look.
  
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