Analyst news

• Australia's ski fields are on a downhill slope, but scientists show there's an off-ramp

  07-06-2024 23:42 via abc.net.au
  
  Away from the sunburnt beaches, hot dusty gums, and red deserts, news for Australia's ski fields hasn't been good for years. But new research shows while the snow season is getting shorter, there's hope to turn things around.
  
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• 'It's a very alien food for Indians': Aussie avocados set to change the way people eat

  07-06-2024 23:35 via abc.net.au
  
  From Melbourne to Mumbai, demand for avocado is on the rise in India, creating a big opportunity for Australian farmers who might otherwise dump fruit due to oversupply.
  
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• India goes for 'green gold' as Australian avocados grow in popularity in massive new export market

  07-06-2024 23:35 via abc.net.au
  
  From Melbourne to Mumbai, demand for avocado is on the rise in India, creating a big opportunity for Australian farmers who might otherwise dump fruit due to oversupply.
  
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• Paddocks upon paddocks of dry crops are not normal here at this time of year

  07-06-2024 22:01 via abc.net.au
  
  Dry paddocks, dead and dying trees, and empty water tanks — that's the grim situation gripping Toodyay in Western Australia as regional towns pay the price of a long, dry summer.
  
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• Dry paddocks, dead trees and empty water tanks. That's the grim story in this town

  07-06-2024 22:01 via abc.net.au
  
  Dry paddocks, dead and dying trees, and empty water tanks — that's the grim situation gripping Toodyay in Western Australia as regional towns pay the price of a long, dry summer.
  
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• The Australia Institute study finds super tax concessions will only widen the wealth divide

  07-06-2024 22:00 via abc.net.au
  
  Debra had 'minuscule' super and still renting at 60 despite working hard her whole life — so she packed it all in, bought a van, and hit the road.
  
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• The Australia Institute study finds super tax concessions only widen the wealth divide

  07-06-2024 22:00 via abc.net.au
  
  Debra had "minuscule" super and was still renting at 60 despite working hard her whole life — so she packed it all in, bought a van, and hit the road.
  
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• After working all her life and still not having enough super, this 60-year-old nurse decided to chuck it in and hit the road

  07-06-2024 22:00 via abc.net.au
  
  A study by The Australia Institute finds superannuation tax concessions will only widen the wealth divide for women and low-income earners like Debra.
  
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• News Corp to apologise after using 'disrespectful' photo in Indigenous child sexual abuse story

  07-06-2024 10:59 via abc.net.au
  
  Sky News, The Australian and the Daily Telegraph used a photo of dancers in the Miriki Performing Arts group during a children's festival for a story on sexual abuse of Indigenous children last year.
  
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• News Corp apologises for using 'disrespectful' photo in Indigenous child sexual abuse story

  07-06-2024 10:59 via abc.net.au
  
  Sky News, The Australian and the Daily Telegraph used a photo of dancers in the Miriki Performing Arts group during a children's festival for a story on sexual abuse of Indigenous children last year.
  
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• US gas company Tamboran receives approval to expand fracking in Beetaloo Basin

  07-06-2024 10:28 via abc.net.au
  
  Tamboran has received approvals to drill 15 new gas wells at its Shenandoah South project, as environment groups call on the federal environment minister to ensure the fracking plans are scrutinised.
  
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• At Close of Business podcast June 7 2024

  07-06-2024 10:21 via businessnews.com.au
  
  Tom Zaunmayr talks to Nadia Budihardjo about WA Liberal leader Libby Mettam and her plan to rebuild the party.
  
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• Mark My Words podcast June 7 2024

  07-06-2024 10:20 via businessnews.com.au
  
  Mark Beyer and Mark Pownall discuss Rio's Kwinana plan, Fortescue's dispute, MinRes selling its stake, Northern Minerals boardroom, Libby Mettam, House values, VGW, and a magazine preview.
  
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• Westbridge buys $21m health assets

  07-06-2024 10:13 via businessnews.com.au
  
  The Subiaco-based syndicator has purchased two medical centres from Centuria.
  
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• Australian shares boosted by best weekly gains of year

  07-06-2024 09:58 via businessnews.com.au
  
  The ASX200 finished Friday up 0.5 per cent for the day to close at a three-week high.
  
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• Bluewaters bids for Griffin Coal inquiry

  07-06-2024 09:50 via businessnews.com.au
  
  The Federal Court of Australia has dismissed Bluewaters Power Station’s bid for an inquiry into the alleged misconduct of Griffin Coal receivers.
  
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• DevWA in $51m Henderson deal

  07-06-2024 09:34 via businessnews.com.au
  
  The state’s land developer has purchased a 4.63-hectare site in the Australian Marine Complex from engineering company AME.
  
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• Dividend pushes Escalante over $4bn

  07-06-2024 09:06 via businessnews.com.au
  
  Online gaming company VGW has continued to deliver for shareholders, led by founder Laurence Escalante, with its latest dividend bringing the financial year total to $360 million.
  
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• Seven senior reporter investigated over allegations of 'inappropriate behaviour'

  07-06-2024 09:00 via abc.net.au
  
  Channel Seven senior journalist Robert Ovadia says he is prepared to defend "malicious" allegations made against him.
  
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• Caprice exercises Bantam option

  07-06-2024 09:00 via businessnews.com.au
  
  Rare earths-focused Caprice Resources has announced it will exercise its option agreement to secure a 90 per cent stake in the West Arunta region-based Bantam project.
  
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• Calls for cap on fuel hikes as Brisbane petrol prices rise by 50 cents per litre this week

  07-06-2024 08:49 via abc.net.au
  
  Some Brisbane motorists are paying almost $2.30 per litre at the bowser, prompting calls for a cap on daily price hikes.
  
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• Sumitomo backs Kimberley fluorite project

  07-06-2024 08:35 via businessnews.com.au
  
  Japanese trading giant Sumitomo Corporation has signed a deal with a Kimberley fluorite mine developer with an eye to forming a joint venture to underpin the project.
  
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• Short-term rental prices likely to skyrocket on Gold Coast after council rate hike

  07-06-2024 08:28 via abc.net.au
  
  Holidaying in one of Australia's most popular tourist destinations could be about to get more expensive after a local government rate rise targeting short-term rentals.
  
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• Raiders to dive into mining tsunami

  07-06-2024 08:00 via businessnews.com.au
  
  The mercury’s rising as miners prepare their financial reporting requirements ahead of June 30.
  
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• Calculus shifts on build versus buy

  07-06-2024 08:00 via businessnews.com.au
  
  Copper is among the metals starting to benefit from short supply and strong demand from new technologies.
  
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• Stockland flags $75m living complex

  07-06-2024 07:40 via businessnews.com.au
  
  Stockland has lodged its proposal to build an independent living complex comprising more than 150 dwellings north of Perth, at an estimated cost of $75 million.
  
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• Perth man jailed for stealing girlfriend's superannuation hours after her sudden death

  07-06-2024 07:35 via abc.net.au
  
  Kim Heptinstall died after surgery in 2019, and in the hours afterwards Travis Paul Barnard changed the beneficiary of her superannuation to himself, gaining access to more than $300,000. 
  
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• 'It's been hell': Family relieved as man jailed for stealing girlfriend's superannuation hours after sudden death

  07-06-2024 07:35 via abc.net.au
  
  Kim Heptinstall died after surgery in 2019, and in the hours afterwards Travis Paul Barnard changed the beneficiary of her superannuation to himself, gaining access to more than $300,000. 
  
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• Silver Lake, Red 5 merger finalised

  07-06-2024 07:00 via businessnews.com.au
  
  The merger between mid-tier gold miners Silver Lake Resources and Red 5 is officially finalised, following news the scheme of arrangement between both companies is now legally effective.
  
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• Panel approves Bayswater centre with Starbucks

  07-06-2024 06:40 via businessnews.com.au
  
  International coffee chain Starbucks continues its expansion in Western Australia after a development panel gave another location the green light.
  
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• Reactions to gas extraction project near the Twelve Apostles range from 'devastating' to 'necessary'

  07-06-2024 05:05 via abc.net.au
  
  The Victorian government's announcement of the first new gas extraction project approved in a decade has been met with mixed reactions, with some saying gas is still necessary while others believe "enough damage has been done".
  
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• Beacon releases Mt Dimer MRE

  07-06-2024 05:00 via businessnews.com.au
  
  Beacon Minerals has released an inaugural mineral resource estimate for its Mt Dimer project, located 120km north-east of Southern Cross.
  
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• Mettam has a political mountain to move

  07-06-2024 04:34 via businessnews.com.au
  
  Libby Mettam’s leadership of the Liberal Party of WA coincides with a critical fork in the road for the conservatives
  
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• Netflix to defend multi-million dollar lawsuit filed by Fiona Harvey over Baby Reindeer

  07-06-2024 04:16 via abc.net.au
  
  Scottish woman Fiona Harvey is seeking $255 million in damages saying she is the real-life inspiration behind the character Martha portrayed in the hit limited Netflix series Baby Reindeer.
  
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• WAPC welcomes new members

  07-06-2024 04:13 via businessnews.com.au
  
  The state’s peak planning body will go through a reform next month, with new members to be appointed but the size of the panel reduced.
  
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• A new resources boom in the Pilbara may be good for the economy, but it's bad news for local renters

  07-06-2024 03:56 via abc.net.au
  
  As Western Australia's mining and energy sectors shape up for their latest boom, residents in the state's mining heartland are scrambling to keep a roof over their heads after an increase to average rents of more than 120 per cent in five years.
  
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• Delays grow as ship trade grinds to halt

  07-06-2024 03:04 via businessnews.com.au
  
  The boss of a Perth logistics firm has warned businesses to double their order timeframes due to a major global shipping backlog jamming up Asia’s megaports.
  
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• Voters want a ban on AI election ads to stop deepfakes

  07-06-2024 02:46 via businessnews.com.au
  
  Most Australians worry artificial intelligence technology will be used to mislead voters and would like to see it banned from political ads.
  
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