Analyst news

• Derelict Brisbane shopping centre faces indefinite redevelopment delays due to 'complex' flood works

  13-06-2024 22:49 via abc.net.au
  
  Developers of the dilapidated Toombul Shopping Centre say they are grappling with the complexities of mitigating flood risk without pushing flows onto their neighbours. 
  
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• Gas giant Inpex is emitting hazardous chemicals near Darwin's CBD, worrying experts and doctors

  13-06-2024 22:37 via abc.net.au
  
  There are concerns the NT government is not monitoring the health impacts of a large increase in toxic chemicals — linked to cancer and respiratory problems — from Inpex's Ichthys LNG facility, operating on Darwin's harbour.
  
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• New Perth Lynx owners confirmed

  13-06-2024 13:12 via businessnews.com.au
  
  Christian Hauff and Jodi Millhahn have been announced as new owners of the Perth Lynx, which participate in the Women’s National Basketball League.
  
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• At Close of Business podcast June 13 2024

  13-06-2024 10:00 via businessnews.com.au
  
  Jack McGinn speaks with Nadia Budihardjo about the state of carbon capture projects in WA and beyond.
  
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• Australian shares gain ground as US inflation cools

  13-06-2024 09:47 via businessnews.com.au
  
  The ASX200 has finished 0.4 per cent higher after US inflation eased in May, even as the Federal Reserve predicted just one rate cut in 2024.
  
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• WA tops Australia’s population growth

  13-06-2024 09:33 via businessnews.com.au
  
  Western Australia has the fastest growing population in the country, the Australian Bureau of Statistics reported.
  
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• MMA provides updated guidance

  13-06-2024 09:30 via businessnews.com.au
  
  Perth-based MMA Offshore has provided a trading update as the end of the 2024 financial year looms.
  
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• Esperance port deal opens door to more juniors

  13-06-2024 09:11 via businessnews.com.au
  
  The opening up of Esperance’s port could unlock a new iron ore precinct in WA's Goldfields and remote Mid West
  
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• Paul Barry steps away from Media Watch after 11 years as host

  13-06-2024 09:07 via abc.net.au
  
  The show's longest-serving host will finish up in December this year.
  
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• Private credit a risk-reward play

  13-06-2024 08:00 via businessnews.com.au
  
  A surge in private credit should have alarm bells ringing in WA, especially among those for whom the name “Rothwells” is triggering.
  
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• Confidence key in carbon future

  13-06-2024 08:00 via businessnews.com.au
  
  Proving the technology works is the first step in efforts to develop carbon capture projects.
  
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• Roy Hill sues over mining leases

  13-06-2024 07:30 via businessnews.com.au
  
  Roy Hill has escalated a mining lease dispute to the Supreme Court of Western Australia, over tenements in the Pilbara.
  
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• Feds increase women's sport funding

  13-06-2024 07:00 via businessnews.com.au
  
  The federal government’s investment into international women’s sport has continued, following Thursday’s $15 million funding commitment for the 2026 AFC Women’s Asia Cup.
  
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• Aurum taps investors for $20m

  13-06-2024 06:00 via businessnews.com.au
  
  West Perth-based junior Aurum Resources has announced it will raise $20 million in order to accelerate exploration activities at its Boundiali gold project in Côte d’Ivoire.
  
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• ACCC worries over Sigma, Chemist Warehouse merger

  13-06-2024 06:00 via businessnews.com.au
  
  The Australian Competition and Consumer Protection has voiced concerns over Sigma’s proposed acquisition of Chemist Warehouse, including potential barriers for other pharmacy retailers to expand.
  
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• Minister to hold crisis talks with troubled Perth home builder Nicheliving over 'soul crushing' delays

  13-06-2024 05:54 via abc.net.au
  
  Concerns about long delays by construction company Nicheliving have reached the Western Australian Parliament as desperate customers describe facing homelessness and living in campervans while they wait for builds to be complete.
  
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• Housing is 'impossibly unaffordable' in Sydney, Melbourne and Adelaide, and 'severely unaffordable' elsewhere

  13-06-2024 05:28 via abc.net.au
  
  A study ranking nearly 100 cities in eight countries places Sydney, Melbourne, Brisbane, Adelaide and Perth among the world's least affordable cities to buy a home.
  
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• Australian capital cities rank among world's least affordable markets to buy a home

  13-06-2024 05:28 via abc.net.au
  
  A study ranking nearly 100 cities in eight countries places Sydney, Melbourne, Brisbane, Adelaide and Perth among the world's least affordable cities to buy a home.
  
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• QIC looks to sell Claremont Quarter stake

  13-06-2024 05:20 via businessnews.com.au
  
  The global fund manager has made the call amid a strong retail market.
  
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• Permanent ban for settlement agent

  13-06-2024 05:13 via businessnews.com.au
  
  A West Leederville settlement agent has been permanently disqualified from the industry after withdrawing more than $29,000 from a trust to her own bank accounts.
  
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• Hastings finds $30m in project savings

  13-06-2024 04:49 via businessnews.com.au
  
  Hastings Technology Metals has bucked the cost escalation trend in critical minerals, shaving around $30 million off the price tag of its Yangibana rare earths project.
  
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• Shuttleworth calls time at Fortescue

  13-06-2024 03:45 via businessnews.com.au
  
  Fortescue global growth director Julie Shuttleworth has left the organisation after more than a decade, the latest high-profile departure from the Forrest empire’s group of businesses.
  
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• Australia's unemployment rate declines to 4 per cent in May, presenting a 'goldilocks' scenario for Reserve Bank

  13-06-2024 03:39 via abc.net.au
  
  Australia's unemployment rate declines to 4 per cent in May, from 4.1 per cent in April. Is it a 'goldilocks' scenario for the Reserve Bank?
  
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• Australia's unemployment rate declines to 4 per cent in May

  13-06-2024 03:39 via abc.net.au
  
  Australia's unemployment rate declines to 4 per cent in May, from 4.1 per cent in April.
  
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• Fresh food can be a 'massive expense' in remote NT, but that's set to change with these community gardens

  13-06-2024 03:33 via abc.net.au
  
  Fruit and veggies are expensive in these remote communities, but a nutrition program is helping school students and their families grow their own, and improving health outcomes at the same time.
  
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• 'Never been harder': Job seekers are barely scraping by, Anglicare Australia says in annual cost-of-living report

  13-06-2024 03:24 via abc.net.au
  
  A single person out of work and living in a shared house has an average of just $127 left each week for bills or incidental expenses after covering rent, transport and food, the report finds, while a single-parent household on the Parenting Payment has just $24 remaining each week.
  
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• The world ‘deserves the truth’ behind PwC scandal

  13-06-2024 02:38 via businessnews.com.au
  
  The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.
  
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• Albany residents emphatically back Sunday trading

  13-06-2024 02:36 via businessnews.com.au
  
  Residents of Albany have overwhelmingly supported a pitch to allow Sunday trading in the Great Southern city notorious for its restrictive trading hours.
  
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• 'Major structural change' for country's pharmacy sector flagged by ACCC of Chemist Warehouse merger

  13-06-2024 02:06 via abc.net.au
  
  The Australian Competition and Consumer Commission says a proposed merger between pharmacy retail giant Chemist Warehouse and Sigma Healthcare raises "competition concerns" in the country's pharmacy sector.
  
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• ACCC warns Chemist Warehouse's $8.8 billion merger could lead to higher prices and less competition

  13-06-2024 02:06 via abc.net.au
  
  The Australian Competition and Consumer Commission says a proposed merger between pharmacy retail giant Chemist Warehouse and Sigma Healthcare raises "competition concerns" in the country's pharmacy sector.
  
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• ACCC says proposed Chemist Warehouse merger with Sigma raises 'competition concerns'

  13-06-2024 02:06 via abc.net.au
  
  The Australian Competition and Consumer Commission says a proposed merger between pharmacy retail giant Chemist Warehouse and Sigma Healthcare raises "competition concerns" in the country's pharmacy sector.
  
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• Waiving stamp duty for first home buyers among housing policies unveiled by Queensland opposition

  13-06-2024 02:02 via abc.net.au
  
  Labor's budget was all about cost-of-living but the LNP's reply is focused on housing, with David Crisafulli looking to boosting home ownership and rental stock.
  
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• 'Massive cost blowouts': Queensland opposition to ditch pumped hydro project if elected

  13-06-2024 02:02 via abc.net.au
  
  David Crisafulli says the LNP will not proceed with a proposed pumped hydro project in north Queensland, labelling it "unachievable" and a "thought bubble".
  
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• Live Moment: Waiving stamp duty for first home buyers among housing policies unveiled by Queensland opposition

  13-06-2024 02:02 via abc.net.au
  
  Labor's budget was all about cost of living but the LNP's reply is focused on housing, with David Crisafulli looking to boost home ownership and rental stock.
  
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• International student caps could harm global rankings of Australia's top unis, credit rating S&P agency warns

  13-06-2024 01:46 via abc.net.au
  
  The plan to limit how many international students can study in Australia could damage the credit rating of the nation's top universities, and halt their climb of the global ranking ladder, credit rating agency S&P Global warns.
  
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• The chemical-free veggie garden that sprang to life on an arid salt pan

  13-06-2024 01:08 via abc.net.au
  
  A community supported agriculture enterprise is supplying chemical-free produce grown on Whyalla's arid salt pans and offering alternatives to the big supermarkets.
  
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• Why one of Australia's wettest cities needs a more secure drinking water supply

  13-06-2024 00:56 via abc.net.au
  
  Cairns needs tens of millions of dollars to shore up its security of drinking water, but advocates say the city also needs to look at ways to reduce the amount of water being used.
  
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• Drinking water security and efficiency in spotlight in Cairns, despite high rainfall, as supply shortfall looms

  13-06-2024 00:56 via abc.net.au
  
  Cairns needs tens of millions of dollars to shore up its security of drinking water, but advocates say the city also needs to look at ways to reduce the amount of water being used.
  
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• Rock legends say government should step in to save major WA cultural festival

  13-06-2024 00:16 via abc.net.au
  
  The Ord Valley Muster showcases the East Kimberley's Indigenous culture, pastoral heritage, and spectacular landscape, but a ticket sale dive at last month's event has put the festival on shaky financial ground.
  
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• One of northern WA's biggest cultural events in doubt as organisers chase funding lifeline

  13-06-2024 00:16 via abc.net.au
  
  The Ord Valley Muster showcases the East Kimberley's Indigenous culture, pastoral heritage, and spectacular landscape, but a ticket sale dive at last month's event has put the festival on shaky financial ground.
  
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