Analyst news

• Westbridge’s plans to revive Regal theatre site

  21-05-2024 23:00 via businessnews.com.au
  
  A $78 million, nine-storey apartment project is being lodged with the City of Subiaco today.
  
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• How an export ban could help 'clean up' the illegal scrap metal trade

  21-05-2024 22:46 via abc.net.au
  
  Scrap metal dealers believe tougher enforcement of businesses paying cash for scrap, and processing the resource onshore, could help clean up the industry.
  
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• Landlord spends thousands in 'awfully challenging' bid to evict tenants on expired lease

  21-05-2024 21:51 via abc.net.au
  
  A Queensland landlord says he has been left thousands of dollars out of pocket trying to evict renters who refused to leave after their contract was up, delaying the sale of the house.
  
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• 'I wonder if they understand the carnage': Landlord loses thousands in bid to evict tenants on expired lease

  21-05-2024 21:51 via abc.net.au
  
  A Queensland landlord says he has been left thousands of dollars out of pocket trying to evict renters who refused to leave after their contract was up, delaying the sale of the house.
  
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• 'We need to shut down this market': Replica weight loss drugs banned, filthy pharmaceutical lab raided

  21-05-2024 21:22 via abc.net.au
  
  The government will ban compounding pharmacists from making replica versions of diabetes drugs like Ozempic and Mounjaro, widely used off-label for weight loss, amid public safety concerns.
  
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• 'Risk to public safety': Raid reveals unregulated Ozempic made in filthy conditions

  21-05-2024 21:22 via abc.net.au
  
  The government will ban compounding pharmacists from making replica versions of diabetes drugs like Ozempic and Mounjaro, widely used off-label for weight loss, amid public safety concerns.
  
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• Snowy 2.0 faces fresh problems, with tunnel boring machine Florence stuck yet again

  21-05-2024 20:51 via abc.net.au
  
  It is unclear when the machine will be able to get moving again and if it will impact plans for Snowy 2.0 to begin operations in late 2027.
  
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• How single mothers face a 'triple whammy' in the housing crisis

  21-05-2024 20:44 via abc.net.au
  
  Homeless services are seeing more employed people accessing their services and say single mothers fleeing domestic violence are particularly vulnerable.
  
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• Powering Australia with nuclear energy would cost roughly twice as much as renewables, CSIRO report shows

  21-05-2024 20:40 via abc.net.au
  
  Building a large-scale nuclear power plant in Australia would cost at least $8.5 billion, take 15 years to deliver and produce electricity at roughly twice the cost of renewable sources, the country's leading scientific institution has found.
  
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• A nuclear power plant for Australia would cost at least $8.5 billion and take 15 years to deliver, new CSIRO report shows

  21-05-2024 20:40 via abc.net.au
  
  Building a large-scale nuclear power plant in Australia would cost at least $8.5 billion, take 15 years to deliver and produce electricity at roughly twice the cost of renewable sources, the country's leading scientific institution has found.
  
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• Singapore Airlines passenger dies in severe turbulence

  21-05-2024 15:17 via businessnews.com.au
  
  A Singapore Airlines flight from London to Singapore diverted to Bangkok, Thailand after severe turbulence killed one passenger and injured 30.
  
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• Woolworths CEO says supermarket contributes 'very little' to food waste

  21-05-2024 11:33 via abc.net.au
  
  Woolworths boss Brad Banducci has defended the amount of food the supermarket giant rejects with a top executive saying no one wants a banana that is "too big", a South Australian parliamentary inquiry has heard.
  
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• Meng lost $80,000 after scammers impersonated his email. Two banks said there was nothing they could do

  21-05-2024 11:19 via abc.net.au
  
  False documentation might be one of the oldest scams in the book but scammers are now able to fake being a company more easily — and Australians are falling for it.
  
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• Australians are still losing millions to this type of scam. Meng lost $80,000 and wants banks to do more

  21-05-2024 11:19 via abc.net.au
  
  False documentation might be one of the oldest scams in the book but scammers are now able to fake being a company more easily — and Australians are falling for it.
  
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• Queensland is forecast to record a budget deficit of $3bn. Economists explain why

  21-05-2024 10:58 via abc.net.au
  
  Queensland Treasurer Cameron Dick says cost-of-living relief is one of the reasons the state is forecast to fall billions of dollars into deficit. Economists say there could be three reasons for it.
  
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• Queensland is forecast to record a $3 billion budget deficit — and it could be due to three reasons

  21-05-2024 10:58 via abc.net.au
  
  Queensland Treasurer Cameron Dick says cost-of-living relief is one of the reasons the state is forecast to fall billions of dollars into deficit. Economists say there could be three reasons for it.
  
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• Westbridge’s plans to revive Real theatre site

  21-05-2024 10:56 via businessnews.com.au
  
  A $78 million, nine-storey apartment project is being lodged with the City of Subiaco today.
  
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• Apartment market picks up

  21-05-2024 09:56 via businessnews.com.au
  
  Recent data from Urbis shows apartment supply is increasing, but it is still not expected to meet demand.
  
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• Australian shares edge lower ahead of Nvidia's earnings

  21-05-2024 09:54 via businessnews.com.au
  
  The ASX200 finished down 0.2 per cent amid layoffs by Telstra and underwhelming earnings reports from James Hardie and Sonic Healthcare.
  
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• At Close of Business podcast May 21 2024

  21-05-2024 09:50 via businessnews.com.au
  
  Nadia Budihardjo and Tom Zaunmayr discuss a Margaret River winemaker who has a cult following.
  
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• E-waste recycler pursues restructure

  21-05-2024 09:28 via businessnews.com.au
  
  A specialist lender backed by Australia’s big banks is expected to gain control of Perth company Total Green Recycling after the failure of its parent Scipher Technologies.
  
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• Ship that slammed into the Baltimore bridge moved two months later

  21-05-2024 09:18 via abc.net.au
  
  The recovery from the deadly Baltimore bridge collapse reached a significant milestone as tugboats escorted the ill-fated container ship Dali back to port.
  
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• Eight weeks after a ship brought down the Baltimore Bridge, it's finally tugged away

  21-05-2024 09:18 via abc.net.au
  
  The recovery from the deadly Baltimore bridge collapse reached a significant milestone as tugboats escorted the ill-fated container ship Dali back to port.
  
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• NRW notches $240m suite of contracts

  21-05-2024 08:49 via businessnews.com.au
  
  Civil and mining services contractor NRW Holdings has won $240 million worth of work from the likes of Rio Tinto and Lynas Rare Earths.
  
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• NTM Minerals enters purchase agreement

  21-05-2024 08:30 via businessnews.com.au
  
  Shares in NT Minerals briefly rose 16.67 per cent early to $0.009 cents per share - more than 17 per cent - on Tuesday, following news the company had entered into an exclusive right to purchase agreement with US-focused M2i Global.
  
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• Reynolds, Higgins gear up for July trial

  21-05-2024 08:08 via businessnews.com.au
  
  Liberal Senator Linda Reynolds and her former staffer Brittany Higgins have failed to reach a middle ground during mediation, with a six-week trial still on the cards.
  
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• Gibb River Diamonds closes in on restart of Ellendale

  21-05-2024 08:02 via businessnews.com.au
  
  Gibb River Diamonds looks once-step closer to restarting the abandoned Ellendale diamond mine in the Kimberley after being granted three mining leases at the heart of the development.
  
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• Gibb River Diamonds close in on restart of Ellendale

  21-05-2024 08:02 via businessnews.com.au
  
  Gibb River Diamonds looks once-step closer to restarting the abandoned Ellendale diamond mine in the Kimberley after being granted three mining leases at the heart of the development.
  
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• Whole-of-nation plan for defence

  21-05-2024 08:00 via businessnews.com.au
  
  A new strategy document wants to ensure potential adversaries understand the consequences of an attack on Australia’s interests.
  
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• Major outage strikes ANZ online banking and app

  21-05-2024 07:47 via abc.net.au
  
  An outage has left ANZ customers unable to bank via app or website, although phone banking and ATMs are unaffected.
  
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• ANZ online banking and app services beginning to 'come back online' after major outage, bank says

  21-05-2024 07:47 via abc.net.au
  
  An outage has left ANZ customers unable to bank via app or website, although phone banking and ATMs are unaffected.
  
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• Coal wins from gas targeting: O’Neill

  21-05-2024 07:11 via businessnews.com.au
  
  Woodside Energy chief executive Meg O’Neill has hit out at the Greens for their role in delaying approvals consultation reform which would deliver clarity to the oil and gas industry.
  
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• Siren finalises deal for future sales

  21-05-2024 07:00 via businessnews.com.au
  
  West Perth-based junior Siren Gold has appointed Ocean Partners USA as its marketing agent for all future gold-antimony concentrate sales from its New Zealand-based Reefton project.
  
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• Feral set to return to WA hands

  21-05-2024 06:49 via businessnews.com.au
  
  Feral Brewing Co. is set to be returned to WA hands after Coca-Cola Europacific Partners reached two binding agreements for the sale of the brand and its facilities.
  
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• Other birds would scatter when salmon farm workers shot at them — but not this bird species

  21-05-2024 06:10 via abc.net.au
  
  Fish farm employees shot dozens of native seabirds which were taking salmon from Tasmanian pens in an effort to deter them, documents reveal — with the scare tactic failing in part because the cormorants were unfazed, even if the bird next to them was shot.
  
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• Alcoa updates $3bn Alumina deal

  21-05-2024 06:09 via businessnews.com.au
  
  Alcoa has progressed its $3.4 billion acquisition of Alumina Limited, amending the terms to cover CITIC affiliates obtaining a small percentage of non-voting shares.
  
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• Inpex hopeful of energy policy delivery

  21-05-2024 06:08 via businessnews.com.au
  
  The Japan-based head of Ichthys gas project operator Inpex has backed in Australia’s place as a regional gas supplier, provided the nation delivers on the Future Gas Strategy’s assurances.
  
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• MinRes loads first ore from Onslow Iron

  21-05-2024 05:57 via businessnews.com.au
  
  The first ore from Mineral Resources’ $3 billion Onslow Iron project is being loaded onto a bulk carrier ready for export on budget and ahead of schedule.
  
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• It would take almost 46 hours to read every privacy policy you agree to in a month. Here's why that's concerning

  21-05-2024 05:48 via abc.net.au
  
  Many Australian consumers are unaware of the extent of personal data being collected about them on a day-to-day basis, says a new report. 
  
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• ACT education boss suing Integrity Commission in bid to stop Campbell Primary School expansion investigation

  21-05-2024 04:53 via abc.net.au
  
  The head of the ACT Education Directorate, Katy Haire, is taking legal action against the territory's Integrity Commission over its investigation into the Campbell Primary School expansion.
  
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• 'I actually had to go buy some decent clothes': The emerging Australian filmmakers at Cannes

  21-05-2024 04:48 via abc.net.au
  
  For the first time, two Australian festivals have been chosen for the prestigious Goes to Cannes program.
  
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• Bina never thought she'd get to go to Cannes Film Festival, but she's made it with her debut feature

  21-05-2024 04:48 via abc.net.au
  
  For the first time, two Australian festivals have been chosen for the prestigious Goes to Cannes program.
  
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• Kodak and dinosaurs: Whitby’s gas industry challenge

  21-05-2024 04:43 via businessnews.com.au
  
  Western Australian Environment Minister Reece Whitby has challenged a room of gas industry delegates to avoid going the way of “the dinosaurs and Kodak” while warning against climate “lip service”.
  
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• Record revenue for Findi after India deals

  21-05-2024 04:24 via businessnews.com.au
  
  Australian fintech junior Findi have posted a record 22 per cent lift in revenue driven by the strong performance of its core ATM business in India.
  
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• Adams appointed Kali Metals MD

  21-05-2024 04:13 via businessnews.com.au
  
  Lithium aspirant Kali Metals has appointed seasoned mining executive Paul Adams as its managing director, effective from July 1.
  
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• King all in on CCS, calls for gas project progress

  21-05-2024 04:02 via businessnews.com.au
  
  Federal Resources Minister Madeleine King says Australian carbon capture progress to date is disappointing but has backed the technology’s role in the nation’s net-zero by 2050 ambition.
  
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• Telstra to cut thousands of jobs in business 'reset'

  21-05-2024 02:34 via businessnews.com.au
  
  Telecommunications giant Telstra will axe up to nine per cent of its workforce in a bid to save hundreds of millions of dollars.
  
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• Sicily to a swag, wine renegade’s next move

  21-05-2024 02:13 via businessnews.com.au
  
  Sam Vinciullo’s focus on doing things his way has earned him plenty of adoration among wine drinkers and plenty of critics in the industry.
  
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• Telstra's 'massive change' has 'blindsided' workers, but will it pay off for customers and shareholders?

  21-05-2024 01:37 via abc.net.au
  
  Telstra reveals plans to sack up to 2,800 workers as part of its latest cost-cutting measures, with most of these job losses to occur by the end of this year.
  
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• Telstra to sack 2,800 workers as part of cost-cutting measures

  21-05-2024 01:37 via abc.net.au
  
  Telstra reveals plans to sack up to 2,800 workers as part of its latest cost-cutting measures, with most of these job losses to occur by the end of this year.
  
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