Analyst news

• Live: 'Labour market remains relatively tight' as unemployment rate falls, local shares pushing higher

  12-06-2024 23:42 via abc.net.au
  
  Australian stocks are trading higher on Thursday, following a rally on Wall Street after softer US inflation data. Meanwhile, Australia's unemployment rate has fallen slightly to 4 per cent in May. Follow live.
  
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• Live: ASX to rise ahead of key employment data, US Fed flags one rate cut this year

  12-06-2024 23:42 via abc.net.au
  
  A rally on Wall Street is likely to send Australian stocks higher, while the Bureau of Statistics is set to deliver key labour force data. Follow the latest updates in our live blog.
  
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• Live: ASX rises ahead of key employment data, US Fed flags one rate cut this year

  12-06-2024 23:42 via abc.net.au
  
  A rally on Wall Street has sent Australian stocks higher, while the Bureau of Statistics is set to deliver key labour force data. Follow the latest updates in our live blog.
  
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• ASX snaps two-day losing streak after technology stocks rally, unemployment rate falls to 4 per cent — as it happened

  12-06-2024 23:42 via abc.net.au
  
  The Australian share market has rebounded from a two-day losing streak after a rally in technology and healthcare stocks, while the nation's unemployment rate fell slightly in May to 4 per cent.
  
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• 'Without consultation': Council places heritage listing on entire estate, stripping 15 per cent of value

  12-06-2024 22:10 via abc.net.au
  
  The residents of War Workers Housing Estate in Moorooka have been fighting a temporary heritage listing that was placed over 180 homes in 2022, while council worked to make the overlay permanent.
  
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• Over $20m in value stripped from homes in Brisbane estate after 'unprecedented' heritage listing introduced

  12-06-2024 22:10 via abc.net.au
  
  The residents of War Workers Housing Estate in Moorooka have been fighting a temporary heritage listing that was placed over 180 homes in 2022, while council worked to make the overlay permanent.
  
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• Last minute delay for domestic gas report

  12-06-2024 10:16 via businessnews.com.au
  
  The handing down of the report into the state’s contentious domestic gas market has been delayed until August.
  
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• Six-day Telstra mobile outage leaves residents in country WA at boiling point

  12-06-2024 10:10 via abc.net.au
  
  Residents of Dongara and Port Denison have been without phone coverage since blackouts last Friday, accusing the telco of leaving the community in the dark about repair efforts.
  
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• At Close of Business podcast June 12 2024

  12-06-2024 10:06 via businessnews.com.au
  
  Tom Zaunmayr and Nadia Budihardjo discuss the Japanese cultural and financial ties found in Western Australian industries.
  
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• Aust shares fall again ahead of Fed meeting, CPI report

  12-06-2024 09:34 via businessnews.com.au
  
  The ASX200 finished down 0.5 per cent, with every sector except for energy in the red ahead of a US inflation readout and a Federal Reserve meeting.
  
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• WA’s minimum wage to rise

  12-06-2024 09:32 via businessnews.com.au
  
  The state’s minimum wage and pay rates will increase from July 1, after a ruling by the Western Australian Industrial Relations Commission.
  
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• Galileo finalises MinRes agreement

  12-06-2024 09:30 via businessnews.com.au
  
  Mineral exploration company Galileo Mining has announced its farm-in and joint venture with MinRes, a wholly owned subsidiary of Chris Ellison-backed Mineral Resources, has been finalised.
  
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• Green Critical Minerals sues over project

  12-06-2024 09:04 via businessnews.com.au
  
  Green Critical Minerals has launched legal action against Hexagon Energy Materials over alleged breach of warranties related to the McIntosh graphite project in the state’s north.
  
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• Two-storey brewpub plan in limbo

  12-06-2024 08:44 via businessnews.com.au
  
  A development panel has remained unconvinced of a multi-million-dollar plan to build a two-storey tavern, brewery and short-stay accommodation in Port Kennedy.
  
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• Two-storey brewpub in limbo

  12-06-2024 08:44 via businessnews.com.au
  
  A development panel has remained unconvinced of a multi-million-dollar plan to build a two-storey tavern, brewery and short-stay accommodation in Port Kennedy.
  
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• Healthy prognosis for medtech sector

  12-06-2024 08:12 via businessnews.com.au
  
  Business News looks at five of the most exciting WA medtech innovations and how they’re tracking.
  
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• Big Four consulting firms 'operating in the shadows for too long' as Senate demands new rules for government contracts

  12-06-2024 08:09 via abc.net.au
  
  PwC's tax scandal isn't over yet, with a new Senate probe demanding the firm hand over the name of staff involved in the affair.
  
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• Big Four consulting firms 'operating in the shadows for too long' as Senate committee demands new rules for government contracts

  12-06-2024 08:09 via abc.net.au
  
  PwC's tax scandal isn't over yet, with a new Senate probe demanding the firm hand over the name of staff involved in the affair.
  
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• Pay Day with Caitlin Figueiredo: 'I've lined up back-to-back house-sitting gigs so I don't have to pay rent or utilities'

  12-06-2024 07:48 via abc.net.au
  
  It's Pay Day! The ACT's Young Australian of the Year, Caitlin Figueiredo, shares the first big purchase she made at just eight years old, why she won't stop buying people gifts and how she's managed to stop paying rent.
  
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• Business of police honoured in new gong

  12-06-2024 07:22 via businessnews.com.au
  
  WA police staff working behind the scenes to keep the statewide operation running will be honoured for the first time at a ceremony on Thursday.
  
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• TSA Riley optimistic about WA

  12-06-2024 07:00 via businessnews.com.au
  
  TSA Riley Group global chief executive officer Andrew Tompson is hopeful its Western Australia-based team will grow further, following a busy start to 2024 for the global project consulting firm.
  
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• Amendments planned for Mining Act

  12-06-2024 06:29 via businessnews.com.au
  
  The state government has drafted amendments to the Mining Act to offer security of tenure over exploration tenements, following a 2017 High Court judgement which cast doubt on the system.
  
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• Kwinana set for Chinese Premier visit

  12-06-2024 05:53 via businessnews.com.au
  
  Chinese Premier Li Qiang will visit Tianqi’s lithium hydroxide refinery in the Kwinana industrial area next week, as part of the first visit to Australia by a Chinese premier since 2017.
  
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• Dilate Digital acquires WA marketing agency

  12-06-2024 05:22 via businessnews.com.au
  
  Henderson-based marketing and consultancy Dilate Digital has acquired Aligned Agency, amid plans to expand its Western Australian footprint.
  
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• Six WA startups chosen for NETA program

  12-06-2024 05:17 via businessnews.com.au
  
  Six of the nine startups selected for the inaugural National Energy Transition Accelerator program are from WA.
  
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• Naval Base shacks get Westport reprieve

  12-06-2024 05:17 via businessnews.com.au
  
  Beachside holiday shacks in the shadow of Cockburn’s industrial estate have been given a lease extension as owners learn Westport is unlikely to force their removal.
  
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• NRW acquires mining assets

  12-06-2024 05:00 via businessnews.com.au
  
  Jules Pemberton-led NRW Holdings has announced that its wholly owned subsidiary Golding Contractors has executed a deal to acquire a range of assets at Stanmore Resources’ South Walker Creek mine site in Queensland.
  
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• Outback truckers halted for days after deluge destroys road, prompting calls for more investment

  12-06-2024 04:28 via abc.net.au
  
  The WA opposition says flood damage to the Geraldton-Mount Magnet road shows investment in country roads is being deeply under-resourced. 
  
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• Permits required for Brisbane landlords turning their homes into 'mini-hotels', Airbnbs

  12-06-2024 04:16 via abc.net.au
  
  Brisbane landlords will need to apply for a permit before they can list their home for short-term accommodation, including Airbnb, the city's lord mayor has announced.
  
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• Banjo Bond to buy Esplanade Hotel

  12-06-2024 03:52 via businessnews.com.au
  
  The grandson of Alan Bond is set to acquire the Fremantle icon and adjacent carpark for $116.5m from Centuria, with plans to revitalise the asset.
  
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• Gold Valley shifts ore exports onto Esperance rail

  12-06-2024 03:32 via businessnews.com.au
  
  Private iron ore miner Gold Valley has won a three-year battle to move export 1.5 million tonnes of ore per year from its Goldfields mine from Geraldton to Esperance.
  
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• Live Moment: Brisbane rates to rise by 3.8 per cent, but lord mayor says outcome could have been 'very different'

  12-06-2024 03:20 via abc.net.au
  
  Under Brisbane Lord Mayor Adrian Schrinner's first budget since his LNP council won re-election in March, ratepayers face an above-inflation rate rise of 3.8 per cent next financial year.
  
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• Live Moment: 3.8pc rate rise in Brisbane's $4b council budget is above inflation

  12-06-2024 03:20 via abc.net.au
  
  Under Brisbane Lord Mayor Adrian Schrinner's first budget since his LNP council won re-election in March, ratepayers face an above-inflation rate rise of 3.8 per cent next financial year.
  
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• Brisbane rates to rise by 3.8 per cent, but lord mayor says outcome could have been 'very different'

  12-06-2024 03:20 via abc.net.au
  
  Under Brisbane Lord Mayor Adrian Schrinner's first budget since his LNP council won re-election in March, ratepayers face an above-inflation rate rise of 3.8 per cent next financial year.
  
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• With a solar farm moving in next door, Stephen is worried about his insurance

  12-06-2024 03:18 via abc.net.au
  
  A farmer who has $50 million in public liability insurance says it will not be enough should a fire jump from his place into a new neighbouring solar farm.
  
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• 2030 emissions target would wreck economy: Nats leader

  12-06-2024 03:17 via businessnews.com.au
  
  Nationals leader David Littleproud has come out against emissions reduction targets by the end of the decade, saying they would destroy the economy.
  
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• Families visiting 'up to 10 pharmacies' due to critical shortage of key antibiotic for children

  12-06-2024 03:08 via abc.net.au
  
  Australia is enduring a major shortage of a key medication used to treat chest infections, whooping cough, and other respiratory issues in children.
  
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• Australia faces critical shortage of children's antibiotic as whooping cough cases soar

  12-06-2024 03:08 via abc.net.au
  
  Families say they are having to visit up to 10 pharmacies to find a key medication used to treat chest infections, whooping cough, and other respiratory issues in children.
  
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• With its only bank closed, this country town is looking to make its own luck

  12-06-2024 02:40 via abc.net.au
  
  Cathy Clemow wants her town to adopt a banking model that turns the community and customers into shareholders and caretakers of residents' finances. 
  
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• With its last ATM boarded up, this country town is looking to make its own luck in the banking world

  12-06-2024 02:40 via abc.net.au
  
  Cathy Clemow wants her town to adopt a banking model that turns the community and customers into shareholders and caretakers of residents' finances. 
  
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• Soft power sweetens ties to Japan

  12-06-2024 02:23 via businessnews.com.au
  
  Driven by hungry investment banks and 160 years of trade history, Japan’s cultural and financial muscle is embedded in many WA industries.
  
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• CEO pay packets 'don't pass the pub test' as executive salaries soar ahead of inflation

  12-06-2024 01:02 via abc.net.au
  
  New data shows pay packets at the top end of town grew by double digit figures in the last 12 months.
  
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