Analyst news

• RBA deputy governor says Australia not ready to follow Canada and ECB into rate cuts, ASX gains — as it happened

  06-06-2024 23:45 via abc.net.au
  
  The Reserve Bank's deputy governor Andrew Hauser says Australia remains on its "narrow path" which "has worked" to get inflation down without the same scale of job losses as some other countries, such as Canada. The ASX gained across all sectors.
  
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• Live: RBA deputy governor speaks after European Central Bank joins Canada in cutting interest rates, ASX rises

  06-06-2024 23:45 via abc.net.au
  
  The Reserve Bank's deputy governor Andrew Hauser speaks about the economy and outlook for interest rates as the ASX looks set for a positive finish to the week. Follow live.
  
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• Live: European Central Bank joins Canada in cutting interest rates, but not 'pre-committing' to further moves

  06-06-2024 23:45 via abc.net.au
  
  The European Central Bank cut interest rates for the first time in five years after its inflation outlook improved, but warned that it's not "pre-committing to a particular rate path" for future decisions. Follow live.
  
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• Live: European Central Bank cuts interest rates but warns it's not 'pre-committing' to further moves

  06-06-2024 23:45 via abc.net.au
  
  The European Central Bank cut interest rates for the first time in five years after its inflation outlook improved, but warned that it's not "pre-committing to a particular rate path" for future decisions. Follow live.
  
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• Blueberry prices surge, but would you spend $20 on a punnet?

  06-06-2024 23:06 via abc.net.au
  
  The price of blueberries has soared around the nation, and strawberry prices look set to follow.
  
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• Meet the six mega-rich families running the food system

  06-06-2024 23:00 via abc.net.au
  
  The average American farmer doesn't fix fences and drive tractors. Thanks to market concentration, there is now a handful of companies that dominate the US food system, and they are impacting Australia too. 
  
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• Meet the mega-rich farming families running the US food system

  06-06-2024 23:00 via abc.net.au
  
  The average American farmer doesn't fix fences and drive tractors. Thanks to market concentration, there is now a handful of companies that dominate the US food system, and they are impacting Australia too. 
  
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• Residential park homeowners celebrate amended laws making site fees fairer

  06-06-2024 22:13 via abc.net.au
  
  A bill designed to improve the lives of those living in residential land lease communities has passed through NSW parliament.
  
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• About half Daryl's pension goes towards his park site fees. Amended laws have come in to stop the 'unscrupulous' hikes

  06-06-2024 22:13 via abc.net.au
  
  A bill designed to improve the lives of those living in residential land lease communities has passed through NSW parliament.
  
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• 'I felt powerless': Retail employees say workplace sexual harassment is commonplace, confirmed as 'pervasive' in study

  06-06-2024 20:41 via abc.net.au
  
  Retail workers are told "the customer is always right" but when they're dealing with leering, stalking and intrusive questions, a new study has found there's few places to turn for support.
  
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• From the awkward to the 'really scary', sexual harassment is 'just another day in retail' for staff, according to study

  06-06-2024 20:41 via abc.net.au
  
  Retail workers are told "the customer is always right" but when they're dealing with leering, stalking and intrusive questions, a new study has found there are few places to turn for support.
  
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• Defence plans $738m HMAS Stirling work

  06-06-2024 11:46 via businessnews.com.au
  
  The federal Department of Defence plans to spend $738.1 million on works in preparation for AUKUS’ arrival at HMAS Stirling, in support of nuclear submarines slated to arrive in 2027.
  
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• Nine chairman Peter Costello denies assaulting journalist at Canberra Airport

  06-06-2024 11:32 via abc.net.au
  
  Nine Entertainment chairman Peter Costello denies assaulting a journalist at Canberra Airport after The Australian posted footage that appears to show Mr Costello walking towards reporter Liam Mendes, who was asking him questions, before Mr Mendes falls backwards.
  
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• At Close of Business podcast June 6 2024

  06-06-2024 09:58 via businessnews.com.au
  
  Jack McGinn speaks to Justin Fris about an industrial relations policy trial in WA.
  
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• Extraordinary voting at Northern Minerals AGM

  06-06-2024 09:57 via businessnews.com.au
  
  A Chinese shareholder ordered to sell his stake in Northern Minerals has come within a whisker of being elected to the company’s board, in one of several unusual voting results.
  
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• The latest building stats are in — here's what they say about the future of the housing crisis

  06-06-2024 09:44 via abc.net.au
  
  Industry experts say it's not time to ring the alarm bells over low building approval numbers, but the federal government's plan for 1.2 million homes by 2029 is definitely ambitious.
  
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• Property experts say planning approvals in Australia are 'stuck in the 1980s'

  06-06-2024 09:44 via abc.net.au
  
  Industry experts say it's not time to ring the alarm bells over low building approval numbers, but the federal government's plan for 1.2 million homes by 2029 is definitely ambitious.
  
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• ‘Goldilocks’ data proves just right to boost shares

  06-06-2024 09:40 via businessnews.com.au
  
  The ASX200 finished up 0.7 per cent, with Commonwealth Bank shares trading above $125 for the first time, following "Goldilocks" economic data from the US.
  
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• Cyprium unveils new appointments

  06-06-2024 09:33 via businessnews.com.au
  
  ASX-listed Cyprium Metals has announced a series of appointments to its senior management team.
  
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• Building approvals fall in WA

  06-06-2024 09:02 via businessnews.com.au
  
  The Australian Bureau of Statistics found dwelling approvals fell by 0.9 per cent in Western Australia, against a 0.6 per cent slump nationally.
  
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• Curtin call for Gorgon green hub

  06-06-2024 08:19 via businessnews.com.au
  
  Curtin University will receive $6.4 million over four years from the Gorgon gas project’s joint venture partners to operate Western Australia’s new GreenTech Hub initiative.
  
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• SRG wins contracts worth $125m

  06-06-2024 08:13 via businessnews.com.au
  
  SRG Global has booked $125 million worth of contracts with existing clients across Australia.
  
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• Frankland Estate hits its stride

  06-06-2024 08:00 via businessnews.com.au
  
  Great Southern winery has upped its game across the board, with stunning results.
  
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• Vicinity sells Karratha centre for $96m

  06-06-2024 07:51 via businessnews.com.au
  
  The retail giant has entered an agreement to sell its Karratha City Shopping Centre to Melbourne’s Fawkner Property.
  
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• Burnt-out nurses at Victorian hospital say government needs to rebuild broken health system

  06-06-2024 07:10 via abc.net.au
  
  Bendigo Health remains in a code yellow internal emergency after it couldn't keep up with the number of people attending for treatment, with workers saying Victoria's health system is "struggling", "unprepared", and needs "rebuilding".
  
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• After years of delays and cost blowouts, work finally underway on Geraldton hospital upgrade

  06-06-2024 06:31 via abc.net.au
  
  The WA Auditor-General found the upgrade works to be the state's most delayed project, but Premier Roger Cook has finally turned the sod after years of frustration.
  
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• Fortescue alleges confidential information breach

  06-06-2024 06:16 via businessnews.com.au
  
  Fortescue has accused its former scientists of misusing information over its green steel production to start up their own company.
  
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• Ausgold taps investors for $38m

  06-06-2024 06:11 via businessnews.com.au
  
  Ausgold has announced plans to raise $38 million via a two-tranche placement, in order to accelerate development and exploration activities at its 3.04 million ounce Katanning gold project.
  
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• Cyber attack no retaliation: Northern Minerals

  06-06-2024 05:41 via businessnews.com.au
  
  Northern Minerals management has stressed a cyber breach on its systems this week was unrelated to a government divesture order against Chinese interests on its share registry.
  
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• Green light for $42m recycling plant

  06-06-2024 05:27 via businessnews.com.au
  
  Organic recycling company C-Wise has cleared a planning hurdle in its $42 million plan to build a composting facility near Mandurah.
  
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• Viva Leisure buys eight WA gyms

  06-06-2024 04:24 via businessnews.com.au
  
  ASX company Viva Leisure is bringing a new health club brand to the WA market after striking a deal to buy eight existing gyms for $15.7 million.
  
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• Viva Leisure buys 8 WA gyms

  06-06-2024 04:24 via businessnews.com.au
  
  ASX company Viva Leisure is bringing a new health club brand to the WA market after striking a deal to buy eight existing gyms for $15.7 million.
  Viva already owns 14 Plus Fitness gyms in Perth and will rebrand the eight new locations as Club Lime.
  
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• Rescues, risky road conditions as heavy rain lashes Illawarra and NSW South Coast

  06-06-2024 04:06 via abc.net.au
  
  Residents are urged to stay off the roads and prepare for more storms and potential flooding as heavy rain batters coastal regions, then moves north.
  
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• Demand for palliative care is tipped to double and experts say Jeremy's struggle must be taken as a warning

  06-06-2024 03:25 via abc.net.au
  
  Jeremy Adlam is receiving palliative care on his mum's farm, but organising it proved difficult. Experts say it's a problem that needs to be addressed now.
  
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• No recession on horizon despite tepid growth: treasurer

  06-06-2024 02:50 via businessnews.com.au
  
  Weak economic growth in the first three months of 2024 does not signal that Australia is heading into a recession, the treasurer says.
  
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• Four dead, dozens injured in Czechia train crash

  06-06-2024 02:50 via abc.net.au
  
  Four people have died and 26 were injured after a passenger train collided with a freight train in the Czech city of Pardubice, according to the regional governor.
  
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• Mettam unveils green tape policy, gas commitment

  06-06-2024 02:27 via businessnews.com.au
  
  Activists could be barred from challenging resources project approvals under a fresh policy put forward by WA Liberal leader Libby Mettam aimed at smoothing the runway for major projects.
  
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• Magnificent tribute to Qantas aircraft

  06-06-2024 02:00 via businessnews.com.au
  
  A new book provides a detailed history of Australia’s national airline.
  
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• Victoria grants first gas extraction licence in ten years in the state's south-west

  06-06-2024 00:34 via abc.net.au
  
  The Victorian government has approved an application for a project to extract gas offshore near Port Campbell, on the Great Ocean Road. It's the first application to be made since 2014.
  
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• Victoria grants first gas extraction licence in 10 years in the state's south-west

  06-06-2024 00:34 via abc.net.au
  
  The Victorian government has approved an application for a project to extract gas offshore near Port Campbell, on the Great Ocean Road. It's the first application to be made since 2014.
  
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• 'Incredibly dangerous': Police investigating laser targeting of RFDS aircraft

  06-06-2024 00:28 via abc.net.au
  
  WA Police are calling for information after a green "high-powered" laser light was pointed at a Royal Flying Doctor Service plane landing in Broome.
  
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• Minister plans to intervene on defunct golf course development to encourage affordable housing

  06-06-2024 00:16 via abc.net.au
  
  Queensland's Planning Minister says she will intervene in a controversial development as part of plans to build a million homes in the next 20 years. 
  
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• Defunct golf course a small part of plans to build a million homes by 2046, minister says

  06-06-2024 00:16 via abc.net.au
  
  Queensland's Planning Minister says she will intervene in a controversial development as part of plans to build a million homes in the next 20 years. 
  
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• Five abandoned oil platforms to be left off WA coast by energy giant Chevron

  06-06-2024 00:02 via abc.net.au
  
  A plan by oil and gas giant Chevron to leave five decommissioned oil platforms off Western Australia's Pilbara coast draws the ire of unions and green groups.
  
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• Chevron's plan to leave five oil platforms off WA coast slammed by unions, green groups

  06-06-2024 00:02 via abc.net.au
  
  An energy giant has won approval to leave decommissioned platforms off the Pilbara coast, with another three to be turned into artificial reefs.
  
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• Abandoned oil platforms to be left off WA coast by energy giant Chevron

  06-06-2024 00:02 via abc.net.au
  
  A plan by oil and gas giant Chevron to leave five decommissioned oil platforms off Western Australia's Pilbara coast draws the ire of unions and green groups.
  
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