Analyst news

• Optus sued for allegedly failing to protect customers' data before cyber attack in 2022, ASX lower

  22-05-2024 23:40 via abc.net.au
  
  The Australian Communications and Media Authority launches legal action against Optus for allegedly failing to protect its customers' data before it was hit with a cyber attack in 2022, while the local share market is trading lower.
  
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• Live: Optus sued for allegedly failing to protect customers' data before cyber attack in 2022, ASX lower

  22-05-2024 23:40 via abc.net.au
  
  The Australian Communications and Media Authority launches legal action against Optus for allegedly failing to protect its customers' data before it was hit with a cyber attack in 2022, while the local share market is trading lower. Follow live.
  
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• Live: Anglo American rejects fresh $74 billion takeover bid from BHP, Wall Street drops on inflation concerns

  22-05-2024 23:40 via abc.net.au
  
  Anglo American has knocked back BHP's third takeover offer, but has given the mining giant a week to make another offer. Meanwhile, Wall Street fell after minutes showed the Federal Reserve is concerned about inflation's progress. Follow live.
  
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• 'The whole place has just come alive': How a country pub's new owners brought the town back together

  22-05-2024 23:21 via abc.net.au
  
  When Cathy Wills came to the small Tasmanian town of Gladstone, nothing much ever happened. That was until she revamped the local pub.
  
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• 'It's too late for me': Millions of Australians in limbo as $20,000 tax break bill stalls

  22-05-2024 22:25 via abc.net.au
  
  Cafe owner Rachel Power says her hope of benefiting from a 2023 budget promise aimed at helping small businesses has been dashed, as the bill remains stuck in parliament.
  
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• 'Dumb' political games leave millions of Australians in limbo as $20,000 tax break bill stalls

  22-05-2024 22:25 via abc.net.au
  
  Cafe owner Rachel Power says her hope of buying a new dishwasher and fridges for her industrial kitchen under a budget promise last year to lift the instant asset write-off limit from $1,000 to $20,000 has been dashed, for now.
  
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• 'Think carefully before you sign': Mia lost her family home after taking on a small business loan with $100,000 interest

  22-05-2024 22:08 via abc.net.au
  
  More small business owners are falling prey to online 'predatory' lenders offering them quick cash. Some business owners are in such extreme financial strife that they have been forced to sell their family home.
  
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• Family businesses struggling to pay ATO debts and desperate for cash fall victim to 'loan sharks'

  22-05-2024 22:08 via abc.net.au
  
  More small business owners are falling prey to online 'predatory' lenders offering them quick cash. Some business owners are in such extreme financial strife that they have been forced to sell their family home.
  
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• The last resort: Families living in 'filthy' caravan parks as housing crisis hits coastal towns hard

  22-05-2024 21:52 via abc.net.au
  
  Housing providers see more people forced into "filthy, unsafe, and overpriced" caravan parks on the New South Wales Central Coast as all other affordable options dry up.
  
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• Families living in caravan parks with 'dead kittens, mouldy furniture and violent neighbours' as housing crisis worsens

  22-05-2024 21:52 via abc.net.au
  
  Housing providers see more people forced into "filthy, unsafe, and overpriced" caravan parks on the New South Wales Central Coast as all other affordable options dry up.
  
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• Spirit of Tasmania replacement ferries aren't on time, however, Finnish builder gets late-fee clause removed

  22-05-2024 21:16 via abc.net.au
  
  The much-awaited two brand new Spirit of Tasmania ferries are due in the third quarter of this year, but with its Finnish shipbuilder in financial trouble and other problems of money and logistics, it has been anything but smooth sailing.
  
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• Delivery of first new Spirit of Tasmania in troubled waters after Finnish shipbuilder in need of government help

  22-05-2024 21:16 via abc.net.au
  
  The much-awaited two brand new Spirit of Tasmania ferries are due in the third quarter of this year, but with its Finnish shipbuilder in financial trouble and other problems of money and logistics, it has been anything but smooth sailing.
  
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• Disease, headhunting and spirits are believed to have forced people from this island. Now, humans are back to protect it

  22-05-2024 20:49 via abc.net.au
  
  Tetepare was once home to tribes of people, before it was abruptly deserted about 200 years ago. Now, descendants are protecting it from logging and climate change.
  
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• After humans abandoned this island, it became a land outside time. Their descendants are fighting to keep it that way

  22-05-2024 20:49 via abc.net.au
  
  Tetepare was once home to tribes of people, before it was abruptly deserted about 200 years ago. Now, descendants are protecting it from logging and climate change.
  
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• The national strategy to break China's stranglehold on the global battery supply chain

  22-05-2024 20:38 via abc.net.au
  
  More than half a billion dollars of federal government funds have been set aside to encourage production of batteries in Australia, but exactly how the scheme will work has not yet been figured out.
  
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• BHP tempts Anglo with third bid

  22-05-2024 17:32 via businessnews.com.au
  
  Anglo American has rejected a third takeover proposal from BHP but left open the possibility of a deal by agreeing to a one-week extension to the bid deadline.
  
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• Australians are draining their superannuation balances to pay for dental treatments at previously unseen levels

  22-05-2024 11:32 via abc.net.au
  
  Tully Denahy's diseased teeth were ruining his life. So, like thousands of Australians, he emptied his super account to pay for new ones. 
  
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• The financial toll of domestic violence can strip a person of their identity, so how do you rebuild it?

  22-05-2024 10:41 via abc.net.au
  
  Domestic violence comes at a great cost to victim-survivors, and it costs the nation billions. So, what can we do about it?
  
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• At Close of Business podcast May 22 2024

  22-05-2024 10:16 via businessnews.com.au
  
  Nadia Budihardjo speaks with Mark Beyer about his recent article highlighting two corporate lawyers who crafted different paths from their boutique firm beginnings.Plus the latest on BHP's nickel, Dutton's nuclear plan and a $78 million redevelopment in Subiaco.
  
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• Hancock projects CEO slams approvals process

  22-05-2024 10:06 via businessnews.com.au
  
  Hancock Prospecting projects chief executive Sanjiv Manchanda has lashed out at government intervention in the mining industry and called for Nature Positive to be scrapped.
  
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• TKI wins big from WA grants

  22-05-2024 10:04 via businessnews.com.au
  
  The Telethon Kids institute was the big winner from the state government’s latest round of medical research funding, securing nearly half of the $25 million on offer.
  
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• Australian shares flat after NZ's hawkish surprise

  22-05-2024 09:57 via businessnews.com.au
  
  The Australian share market has finished basically unchanged despite Telstra dragging down the communications sector.
  
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• Aust shares fall flat as Telstra, Eagers dip

  22-05-2024 09:57 via businessnews.com.au
  
  The Australian share market has finished basically unchanged despite Telstra dragging down the communications sector.
  
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• Indonesia's film industry is on the rise and it's all thanks to the horror genre

  22-05-2024 09:35 via abc.net.au
  
  Indonesia has one of the fastest-growing film markets in the world, and audiences can't get enough of one genre in particular. 
  
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• In the darkened forests of Indonesia, one of the nation's favourite pastimes is making a comeback

  22-05-2024 09:35 via abc.net.au
  
  Indonesia has one of the fastest-growing film markets in the world, and audiences can't get enough of one genre in particular. 
  
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• In the darkened forests of Indonesia, one of the nation's favourite past times is making a comeback

  22-05-2024 09:35 via abc.net.au
  
  Indonesia has one of the fastest-growing film markets in the world, and audiences can't get enough of one genre in particular. 
  
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• Analysts say Telstra's cost-cutting likely to flow through to the customer

  22-05-2024 09:30 via abc.net.au
  
  Telstra's share price has fallen since CEO Vicki Brady made the announcement on Tuesday morning.
  
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• MACA wins Atlas Iron contract

  22-05-2024 09:24 via businessnews.com.au
  
  Mining and civil services contractor MACA will provide mining, drill and blast services at Atlas Iron’s Miralga Creek project in Western Australia's Pilbara region, after winning a contract with the iron ore miner.
  
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• Monadelphous unveils biggest crane

  22-05-2024 09:19 via businessnews.com.au
  
  Engineering and construction contractor Monadelphous has unveiled the largest crane to join its fleet and named it in honour of its former chairman John Rubino.
  
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• Media lawyer resigns after ABC investigation reveals his links to plagiarism websites

  22-05-2024 08:16 via abc.net.au
  
  James Raptis, the media lawyer identified by an ABC investigation as being linked to an AI plagiarism operation, has left his position at Australian Community Media.
  
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• Financial abuse inquiry could bring regulation: Gallagher

  22-05-2024 08:13 via businessnews.com.au
  
  Finance Minister Katy Gallagher has warned further regulations on banks could arise from the inquiry into financial abuse, during a visit to Perth today.
  
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• For self-employed artist Nordacious, home ownership still feels like 'a lofty aspiration'. But this is his 'slow and steady' plan

  22-05-2024 08:00 via abc.net.au
  
  It's Pay Day! Brisbane-based visual artist Nordacious, AKA James Hillier, shares the lesson of "delayed gratification" that he learned from his parents and the irresistible guilty splurge in his shopping trolley most weeks.
  
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• Diversity, courses hold international appeal

  22-05-2024 08:00 via businessnews.com.au
  
  A new study has shed light on what makes Australia’s higher-education sector such a drawcard for international students.
  
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• Cook weighs in on BHP nickel future

  22-05-2024 07:55 via businessnews.com.au
  
  Premier Roger Cook says BHP should reflect on the state’s role in building up the company when it decides whether to "turn its back" on Western Australia.
  
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• Kingrose and BHP form alliance

  22-05-2024 07:00 via businessnews.com.au
  
  Shares in West Perth-based Kingrose Mining rose 21 per cent on Wednesday morning, following news that the company had signed multiple alliance exploration licences with global resources powerhouse, BHP.
  
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• Eagers shares take hit in trading update

  22-05-2024 06:49 via businessnews.com.au
  
  Eagers Automative shares have dropped after the company announced economic and market challenges have impacted its results in the first half of the 2024.
  
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• Eagers shares take hit after trading update

  22-05-2024 06:49 via businessnews.com.au
  
  Eagers Automative shares have dropped sharply after the company announced economic and market challenges have impacted its results in the first half of this financial year.
  
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• Santos calls for market-led decarbonisation

  22-05-2024 06:44 via businessnews.com.au
  
  Santos boss Kevin Gallagher wants government to let the free market drive decarbonisation, claiming an agenda against fossil fuels will not facilitate an effective transition.
  
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• Report ‘torpedoed’ Dutton’s nuclear ‘fantasy’: Chalmers

  22-05-2024 06:34 via businessnews.com.au
  
  Treasurer Jim Chalmers has claimed a new CSIRO report on the cost of building future electricity generation, released today, has “torpedoed Dutton’s nuclear fantasy”.
  
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• Young people are in economic crisis, and they're frustrated the government is 'tinkering around the edges'

  22-05-2024 05:33 via abc.net.au
  
  Young Australians are experiencing an economic crisis that shows no signs of easing — and experts fear it will cause generational inequality to worsen without substantial reform.
  
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• Young people are in an economic crisis, and they're frustrated that the government is 'tinkering around the edges'

  22-05-2024 05:33 via abc.net.au
  
  Young Australians are experiencing an economic crisis that shows no signs of easing — and experts fear it will cause generational inequality to worsen without substantial reform.
  
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• In the midst of an economic crisis, is the government at risk of 'failing young Australians'?

  22-05-2024 05:33 via abc.net.au
  
  Young Australians are experiencing an economic crisis that shows no signs of easing — and experts fear it will cause generational inequality to worsen without substantial reform.
  
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• Yara tempers green hydrogen vision

  22-05-2024 05:16 via businessnews.com.au
  
  Yara Pilbara has conceded its vision for an ammonia plant fueled by green hydrogen is years away, as it explores options for carbon capture alongside Woodside Energy and Santos.
  
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• Nuheara to cut costs, docks CEO’s pay

  22-05-2024 05:05 via businessnews.com.au
  
  Perth-based health technology company Nuheara has started cost-cutting measures including salary packages for its chief executive and other directors.
  
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• Patriot taps investors for $82.4m

  22-05-2024 05:00 via businessnews.com.au
  
  Patriot Battery Metals has announced it will raise $C75 million, or $82.4 million, by way of a fully subscribed charity flow-through offer.
  
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• Turnbull to lead Goh’s hotel division

  22-05-2024 04:31 via businessnews.com.au
  
  Former Tourism WA managing director Carolyn Turnbull has accepted a role leading Malaysian developer Victor Goh’s hotel and hospitality division.
  
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• Queensland businesses are less innovative than their American counterparts, commission report finds

  22-05-2024 03:33 via abc.net.au
  
  Queensland's small business sector is characterised by low levels of innovation, risk-taking, and tech-savviness, the state's Small Business Commission finds. 
  
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• Report adds pressure on coalition nuclear plans

  22-05-2024 02:59 via businessnews.com.au
  
  The cost of building a large-scale nuclear power plant in Australia would be at least $8.5 billion, according to the CSIRO and the energy market operator.
  
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• Buoyant demand boosts law firms

  22-05-2024 02:00 via businessnews.com.au
  
  Major law firms in Perth are increasing their graduate intake as they enjoy strong demand for their services.
  
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• Boutique or big: the legal dilemma

  22-05-2024 02:00 via businessnews.com.au
  
  Corporate lawyers Bryn Hardcastle and Scott Gibson built their reputations at boutique firms but have taken different paths.
  
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