Analyst news

• Live: Market digests hot inflation data, expects to see a 1pc slump

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Market digests hot inflation data

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX slumps after release of hot inflation data sparking fears of another rate hike

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX slumps 1pc after release of hot inflation data

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX slumps 1.2pc after release of hot inflation data

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
  Read more

• Live: ASX slumps 1.2pc after hot inflation data

  26-06-2024 23:42 via abc.net.au
  
  Lots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
  Read more

• ASX lower after release of hot inflation data sparking fears of another rate hike — as it happened

  26-06-2024 23:42 via abc.net.au
  
  The Australian share market falls despite Wall Street finishing higher. Look back on our blog to see how today's events unfolded.
  
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• A billionaire tax would raise $380 billion a year and make our tax systems fairer, report says

  26-06-2024 23:26 via abc.net.au
  
  A global minimum tax on billionaires would help to fix the problems of our broken income tax systems, a new report says.
  
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• Perth property prices tipped to soar, as cost of materials puts brakes on new builds

  26-06-2024 23:17 via abc.net.au
  
  Property prices in Perth have reached record highs in recent months and are expected to rise even further in the coming year, with a prediction they will increase between 8 and 11 per cent.
  
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• No relief in sight for Perth home buyers, with property prices forecast to jump 11 per cent

  26-06-2024 23:17 via abc.net.au
  
  Perth property prices have reached record highs in recent months, and are expected to rise even further in the coming year.
  
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• Property prices, inflation rising as pressure mounts on Reserve Bank to hike interest rates

  26-06-2024 22:52 via abc.net.au
  
  Australian property prices are expected to increase by as much as 5 per cent in calendar year 2024, according to the June PropTrack Property Market Outlook Report.
  
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• The 'never never open bridge' was completed six months ago — but residents still can't cross it

  26-06-2024 21:37 via abc.net.au
  
  Residents of an estate in Upper Kedron have been waiting six months for a finished bridge to open — and they're running out of patience.
  
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• More foreigners are buying Australian property, but analysts say claims they're impacting affordability are 'completely overblown'

  26-06-2024 21:23 via abc.net.au
  
  After a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year. It's becoming more common for families overseas to buy property for their children who want to study and work in Australia and eventually become permanent residents.
  
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• Foreign demand for Aussie property running hot, but it's just a fraction of Australia's lucrative real estate market

  26-06-2024 21:23 via abc.net.au
  
  After a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year.
  
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• Cashed up foreign buyers are buying more Australian property, but it's just a fraction of the market

  26-06-2024 21:23 via abc.net.au
  
  After a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year.
  
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• 'Worked 40 years for nothing': Scammers tricked Lee's super fund and stole 180k

  26-06-2024 21:18 via abc.net.au
  
  Lee fought the financial ombudsman all the way to the federal court when scammers stole his super. Despite winning he only got some money back and after legal fees he's worse off.
  
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• 'This is crazy': Lee didn't know $180,000 of his super had been stolen until he received a letter

  26-06-2024 21:18 via abc.net.au
  
  Lee fought the financial ombudsman all the way to the federal court when scammers stole his super. Despite winning he only got some money back and after legal fees he's worse off.
  
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• Elder focus in aged care agreement

  26-06-2024 10:04 via businessnews.com.au
  
  A group of WA aged care industry leaders have signed a memorandum of understanding with Yokai to improve culturally appropriate services for Aboriginal elders.
  
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• At Close Of Business Podcast June 26 2024

  26-06-2024 09:59 via businessnews.com.au
  
  Nadia Budihardjo and Claire Tyrrell discuss the new approaches Perth building companies are taking to procure projects.
  Plus all the latest on the live sheep export ban, inflation rates and our new Fremantle Ports chief.
  
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• Potential could boost Boss production

  26-06-2024 09:50 via businessnews.com.au
  
  Duncan Craib-led Boss Energy believes positive drilling results from its Gould’s Dam satellite deposit could pave the way for increased production at its Honeymoon project.
  
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• Domestic inflation ‘shocker’ sinks Australian shares

  26-06-2024 09:49 via businessnews.com.au
  
  The ASX200 finished down 0.7 per cent after domestic inflation came in hotter than expected for May.
  
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• Trial date set for Reynolds-Higgins defamation battle

  26-06-2024 09:48 via businessnews.com.au
  
  A four-to-five-week trial has been set down for Liberal Senator Linda Reynolds' high-profile defamation lawsuit against her former staffer Brittany Higgins.
  
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• Tomasi steps down from Moore, Tng to take over

  26-06-2024 09:21 via businessnews.com.au
  
  After six years at the helm of mid-tier accounting firm Moore WA, managing partner David Tomasi depart to make way for James Tng.
  
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• Live sheep ban a step closer

  26-06-2024 09:09 via businessnews.com.au
  
  A controversial federal government Bill which would ban live sheep exports in Australia from 2028 has passed the lower house and is headed for senate scrutiny.
  
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• Management changes at Western Yilgarn

  26-06-2024 09:00 via businessnews.com.au
  
  Mineral exploration company Western Yilgarn announced on Wednesday that Gavin Rutherford has departed as general manager.
  
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• Curtinnovation Awards finalists revealed

  26-06-2024 08:36 via businessnews.com.au
  
  Food packaging made from abalone, a gene therapy to restore vision in children and a predictive tool to optimise recovery from radiotherapy are among 16 finalists for the 2024 Curtinnovation Awards.
  
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• Lumsden Point to slash Pilbara cargo backlog

  26-06-2024 08:23 via businessnews.com.au
  
  A new cargo wharf under construction in Port Hedland will enable the import of wind turbines and slash cargo vessel backlogs which have blown out to more than a week.
  
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• Rinehart’s Senex gets $1bn gas tick

  26-06-2024 08:04 via businessnews.com.au
  
  A plan which would see Gina Rinehart-backed Senex Energy develop and run as many as 151 new coal seam gas wells in Queensland was ticked off by the federal government this week.
  
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• Startups, fresh leaders get to Bloom

  26-06-2024 08:00 via businessnews.com.au
  
  The youth innovation centre is entering a new phase of growth led by director Lisa Longman.
  
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• Hard to automate real estate agents

  26-06-2024 08:00 via businessnews.com.au
  
  You could try AI and freelancers, but agents offer some insurance against risk and mistakes.
  
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• Inflation hits six-month high

  26-06-2024 07:47 via businessnews.com.au
  
  A surprise uptick in Australia’s inflation rate has lifted the chances the Reserve Bank of Australia will increase interest rates again as it struggles to stifle price pressure.
  
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• Inflation hits 6-month high

  26-06-2024 07:47 via businessnews.com.au
  
  A surprise uptick in Australia’s inflation rate has lifted the chances the Reserve Bank will increase interest rates again as it struggles to stifle price pressure.
  
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• Esperance to lean on wild winter weather for tourism

  26-06-2024 07:46 via businessnews.com.au
  
  The Shire of Esperance hopes a new campaign championing its unpredictable weather will bring more tourists to the south coast town during the winter visitor lull.
  
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• Expected $76m Bannerman raise

  26-06-2024 07:30 via businessnews.com.au
  
  Uranium-focused Bannerman Energy is expected to raise $76 million in a bid to add further value to its flagship Etango uranium project in Namibia.
  
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• Water supply concerns on the rise in key food-growing region north of Perth

  26-06-2024 07:01 via abc.net.au
  
  Declining rainfall and a 34 per cent drop in water flow results in increased management measures put in place around the major food-producing town Gingin north of Perth.
  
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• New data highlights water supply fears for key WA growing region

  26-06-2024 07:01 via abc.net.au
  
  Declining rainfall and a 34 per cent drop in water flow results in increased management measures put in place around the major food-producing town Gingin north of Perth.
  
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• Zempilas reveals spaceman statue site

  26-06-2024 06:22 via businessnews.com.au
  
  City of Perth Lord Mayor Basil Zempilas has formally unveiled the selected site for a $1.5 million, seven-metre-tall statue of a spaceman to be donated to the City of Perth by US artist Brendan Murphy.
  
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• Ashforth joins Northern Star board

  26-06-2024 05:18 via businessnews.com.au
  
  Perth dealmaker Michael Ashforth has joined the board of goldminer Northern Star Resources, while stepping away from his role with Goldman Sachs.
  
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• Today's inflation number is a 'shocker' that puts 'enormous pressure' on the RBA to raise rates

  26-06-2024 05:06 via abc.net.au
  
  A higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August.
  
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• This week's inflation number is a 'shocker' that puts 'enormous pressure' on the RBA to raise rates

  26-06-2024 05:06 via abc.net.au
  
  A higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August.
  
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• 'Nasty upside surprise' on inflation ramps up rate rise pressure on the Reserve Bank

  26-06-2024 05:06 via abc.net.au
  
  A higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August.
  
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• 'Nasty upside surprise' on inflation increases rate rise pressure on the Reserve Bank

  26-06-2024 05:06 via abc.net.au
  
  A higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August.
  
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• Sydney's Luna Park up for sale for first time in two decades

  26-06-2024 04:52 via abc.net.au
  
  The heritage-listed amusement park on Sydney's harbour foreshore was acquired by an investment firm in 2007, and Luna Park CEO John Hughes says it is the right time to sell.
  
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• Always wanted your own amusement park? There's one with a great view for sale

  26-06-2024 04:52 via abc.net.au
  
  The heritage-listed amusement park on Sydney's harbour foreshore was acquired by an investment firm in 2007, and Luna Park CEO John Hughes says it is the right time to sell.
  
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• New CEO for Fremantle Ports

  26-06-2024 04:25 via businessnews.com.au
  
  Jodie Ransom will take the reins as full-time chief executive of Fremantle Ports, as successor to the late Michael Parker.
  
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• Seven West confirms job losses, new structure

  26-06-2024 04:14 via businessnews.com.au
  
  Seven West Media has confirmed significant redundancies and cost-saving measures will be undertaken at the company, amid its decision to implement a new operational model.
  
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• BHP presses case for shared Pilbara power grid

  26-06-2024 04:04 via businessnews.com.au
  
  BHP’s iron ore boss has called for greater collaboration to build an interconnected Pilbara energy grid to help the region’s industry heavyweights decarbonise.
  
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• Forget the COVID years, international tourists are spending big and breaking records

  26-06-2024 03:44 via abc.net.au
  
  Australia is proving a winner with international travellers, with new data showing they are staying longer and often spending more than before the pandemic.
  
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• Government approves Gina Rinehart-backed gas expansion plans

  26-06-2024 03:25 via abc.net.au
  
  Senex Energy will build more than 120 new coal seam gas wells in southern Queensland after Environment Minister Tanya Plibersek green-lit the project.
  
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• The extraordinary deal that kept this port exporting iron ore in 2018 has ended. So what's next?

  26-06-2024 02:50 via abc.net.au
  
  Esperance is bracing for a "significant impact" after a mine that accounts for more than half the export trade through the town's port announced it would close. 
  
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