Analyst news

• Live: Live updates: Nine to axe 200 jobs, ASX trades higher

  27-06-2024 23:46 via abc.net.au
  
  Nine Entertainment has announced it'll cut up to 200 jobs, ASX trading higher in midday trade. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: Inflation jitters continue in the US and Europe, with global stock market trade subdued

  27-06-2024 23:46 via abc.net.au
  
  Global market attention is shifting toward fresh US inflation data out on Friday. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: ANZ takeover of Suncorp Bank approved by treasurer as inflation jitters continue overseas

  27-06-2024 23:46 via abc.net.au
  
  Treasurer Jim Chalmers has approved ANZ's acquisition of Suncorp's banking business as global market attention shifts toward fresh US inflation data out on Friday. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Live: ANZ says takeover of Suncorp Bank approved by treasurer as inflation jitters continue overseas

  27-06-2024 23:46 via abc.net.au
  
  ANZ says Treasurer Jim Chalmers has approved its acquisition of Suncorp's banking business as global market attention shifts toward fresh US inflation data out on Friday. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• As it happened: Live updates: Nine to axe 200 jobs, ASX trades higher

  27-06-2024 23:46 via abc.net.au
  
  Nine Entertainment has announced it'll cut up to 200 jobs, ASX trading higher in midday trade. Catch up on the day's events and insights as they happened.
  
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• US Supreme Court blocks Oxycontin maker's bankruptcy which shielded Sackler family

  27-06-2024 23:44 via abc.net.au
  
  The US Supreme Court rules against an estimated $9 billion Purdue Pharma bankruptcy plan that would have shielded the wealthy Sackler family from legal liability over opioid-related overdoses. 
  
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• Northern Territory faces blackouts within four years unless investment in electricity grid increases, commission says

  27-06-2024 23:40 via abc.net.au
  
  The NT's electricity system is in a "prime but precarious" position and could face blackouts within four years if looming challenges are not met, according to the NT Utilities Commission. 
  
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• This family is struggling to get by. Why don't we know how many are like them?

  27-06-2024 23:16 via abc.net.au
  
  It's estimated about one in six Australian children grow up in poverty but, without an official poverty line, advocates say the government is flying blind on a crucial issue.
  
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• Child poverty can have lifelong impacts. Why don't we know how many kids it affects?

  27-06-2024 23:16 via abc.net.au
  
  It's estimated about one in six Australian children grow up in poverty but, without an official poverty line, advocates say the government is flying blind on a crucial issue.
  
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• Soon after Shane bought his newly built apartment, he started noticing issues

  27-06-2024 22:34 via abc.net.au
  
  The ACT government will implement a developer licensing scheme after laws are passed by the Legislative Assembly. It's hoped it will better protect buyers.
  
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• Rare sea snake lives in a WA reef near where Woodside proposes to drill for gas

  27-06-2024 21:30 via abc.net.au
  
  The last stronghold of a sea snake slated for an endangered species listing sits atop Australia's largest undeveloped gas field.
  
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• As India swelters in record heat, the New Delhi 'water tanker mafia' is back up and running

  27-06-2024 21:18 via abc.net.au
  
  India's government deploys water tankers to the capital's poorest areas, but it's not enough. The desperate situation sees private suppliers selling water at exorbitant prices.
  
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• Priceline, TerryWhite Chemmart and other major brands reject vape laws, despite becoming exclusive retailers

  27-06-2024 20:55 via abc.net.au
  
  Priceline, TerryWhite Chemmart, Chemist Warehouse and other major pharmacy chains reject new vaping laws making them the only legal sellers of vapes, signalling to franchisees they should not sell the products without a prescription.
  
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• Sick of getting scam texts? A new registry could help differentiate legitimate texts from scams

  27-06-2024 20:54 via abc.net.au
  
  A new registry could make it mandatory for texts to disclose a sender ID in the latest crackdown by the government on SMS text scammers.
  
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• 'We keep finding things that are not right': Should you trust a house-sitter from the internet?

  27-06-2024 20:45 via abc.net.au
  
  House-sitting platforms are connecting sitters and home owners for a fee. But who's responsible when things go wrong?
  
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• 'No-one is watching. Just go skinny-dipping': House-sitting platforms have a security camera problem

  27-06-2024 20:45 via abc.net.au
  
  House-sitting platforms are connecting sitters and home owners for a fee. But who's responsible when things go wrong?
  
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• Dead animals, stolen heirlooms and hidden cameras – the risks of using house-sitting apps

  27-06-2024 20:45 via abc.net.au
  
  House-sitting platforms are connecting sitters and home owners for a fee. But who's responsible when things go wrong?
  
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• Airport rail mediator backs above ground station

  27-06-2024 10:57 via abc.net.au
  
  The idea of an underground train station at Melbourne Airport should no longer be entertained, says the man charged with getting the stalled project moving.
  
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• Spacecubed gets $900k Lotterywest injection

  27-06-2024 10:56 via businessnews.com.au
  
  WA’s startup Spacecubed has been bolstered by a $900,000 Lotterywest funding injection to continue their work growing the local innovation sector.
  
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• Hanson, Holcim concrete plants extended

  27-06-2024 10:06 via businessnews.com.au
  
  Two concrete batching plants will remain in Claisebrook for several more years after the state’s peak planning body approval despite the area being earmarked for housing.
  
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• Parcel Property to grow its footprint

  27-06-2024 10:04 via businessnews.com.au
  
  The ABN Group subsidiary has forecast a 50 per cent increase in lot sales from FY23 to next year.
  
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• At Close of Business podcast June 27

  27-06-2024 10:04 via businessnews.com.au
  
  Nadia Budihardjo and Jack McGinn discuss the challenges facing the critical minerals sector.
  
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• Premier backs NRL expansion push

  27-06-2024 09:36 via businessnews.com.au
  
  Western Australia’s bid for a seat at the National Rugby League table appears to be gaining momentum, following Wednesday’s Australian Rugby League Commission meeting.
  
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• Aust shares rebound as traders snap up bargains

  27-06-2024 09:22 via businessnews.com.au
  
  After plummeting as much as 1.7 per cent in early trading, the ASX200 has rebounded through the day to finish 0.3 per cent lower from where it began.
  
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• Cathay adds five flights to Hong Kong route

  27-06-2024 09:17 via businessnews.com.au
  
  Cathay Pacific Airways is adding five more flights to its Perth service to Hong Kong from October 28, bringing the total to 11 a week.
  
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• IGO's Vella unsold on green premiums

  27-06-2024 09:08 via businessnews.com.au
  
  IGO managing director Ivan Vella does not believe green premium markets are the way forward for Australian critical minerals, in the wake of recent lithium and nickel price markets.
  
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• Tier one JVs key to growing Aboriginal wealth

  27-06-2024 08:57 via businessnews.com.au
  
  Aboriginal businesses need to be afforded opportunities to form joint ventures on billion-dollar contracts to build the family wealth required to drive change
  
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• Freo police building sold

  27-06-2024 08:47 via businessnews.com.au
  
  The High Street property has sold to a local investor for $5 million.
  
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• Ten seeks $2m from Lehrmann

  27-06-2024 08:24 via businessnews.com.au
  
  Network Ten has slapped Bruce Lehrmann with a $2 million bill over the latter’s failed defamation action in the Federal Court of Australia.
  
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• Renewable Energy Zone transmission lines given green light, despite lingering community concerns

  27-06-2024 08:24 via abc.net.au
  
  The Central West Orana Renewable Energy Zone becomes the first in Australia to secure planning approval for the transmission lines that will link renewable projects to the electricity grid. Some residents say their concerns have been "overlooked".
   
  
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• Paladin provides FY25 mine guidance

  27-06-2024 08:16 via businessnews.com.au
  
  Fresh from its likely $1.25 billion acquisition of Fission Uranium earlier this week, Paladin Energy has announced its Langer Heinrich mine production guidance for the 2025 financial year.
  
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• Old problems centre stage in new year

  27-06-2024 08:00 via businessnews.com.au
  
  High interest rates, stubborn inflation and looming industrial relations battles are tipped to shape the year.
  
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• Vehicles copping a 'hell of a hit' on pothole-ridden Barkly highways

  27-06-2024 07:31 via abc.net.au
  
  The NT cattle industry and tourists are calling for urgent repairs on the Stuart, Barkly and Tablelands highways after a heavy wet season caused significant damage.
   
  
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• A Canberra crowd had gathered to watch Origin — but the Assange family's arrival next door was soon turning heads

  27-06-2024 07:30 via abc.net.au
  
  The normally quiet East Hotel lobby in Kingston resembled something closer to a mosh pit on Wednesday night, as more and more of Julian Assange's supporters and miscellaneous sticky-beakers crammed in.
  
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• Channel Seven investigating after YouTube page replaced with AI-generated Elon Musk videos

  27-06-2024 07:15 via abc.net.au
  
  AI-generated videos of Elon Musk asking people to invest in cryptocurrency were uploaded to the Channel Seven YouTube channel after it appeared to be hacked.
  
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• Plans for Western Australia's largest wind farm revealed

  27-06-2024 07:03 via abc.net.au
  
  Developers say the proposed 100 turbine farm to be built near Collie, outside the town of Moodiarrup, will produce enough electricity to power the Perth CBD.
  
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• Hundred-turbine wind farm to be built 55km from proposed Coalition nuclear power plant site

  27-06-2024 07:03 via abc.net.au
  
  Developers say the proposed 100 turbine farm to be built near Collie, outside the town of Moodiarrup, will produce enough electricity to power the Perth CBD.
  
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• IPS wins $12.4m contract

  27-06-2024 06:43 via businessnews.com.au
  
  Indigenous firm IPS Management Consultants is the big winner from the latest round of state government contracts to provide small business advisory services across WA.
  
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• Activ to merge with genU

  27-06-2024 06:37 via businessnews.com.au
  
  Major Western Australian charity Activ Foundation has announced plans to become part of a national disability organisation through a merger with Victoria’s genU.
  
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• We fact checked Michael Sukkar on overseas arrivals and housing construction. Here's what we found

  27-06-2024 06:33 via abc.net.au
  
  Shadow Minister for Housing Michael Sukkar says the number of migrants that have entered the country since Labor came to power is four times greater than the number of houses built. RMIT ABC Fact Check investigates.
  
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• Fact check: Are overseas arrivals outpacing housing construction at a rate of four to one?

  27-06-2024 06:33 via abc.net.au
  
  Shadow Minister for Housing Michael Sukkar says the number overseas arrivals since Labor came to power is four times greater than the number of houses built. RMIT ABC Fact Check investigates.
  
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• Iconic Alice Springs dry riverbed boat race cancelled after scramble for funding

  27-06-2024 06:25 via abc.net.au
  
  It will be just the third year in more than six decades the Henley-on-Todd Regatta, which draws tourists from around the country, has not gone ahead.
  
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• GTI Energy appoints uranium specialist

  27-06-2024 06:13 via businessnews.com.au
  
  North Perth-based GTI Energy has appointed uranium specialist Matt Hartmann to its board, weeks out from drilling beginning at its US-based Lo Herma project.
  
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• The critical minerals challenge

  27-06-2024 05:35 via businessnews.com.au
  
  Fresh moves to drive diversification of Australia’s critical minerals pose questions about the role of China – the nation’s largest trading partner.
  
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• BDO report reveals uptick in AI scams

  27-06-2024 05:30 via businessnews.com.au
  
  Artificial intelligence technology which emulates the functionality of ChatGPT, but without the moral and ethical limitations built in, are being used by cybercriminals to target vulnerable Australians.
  
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• Ramelius takes strategic Spartan stake

  27-06-2024 05:17 via businessnews.com.au
  
  Ramelius Resources has emerged with a strategic 8.9 per cent stake in fellow Murchison gold play Spartan Resources but says it does not currently plan to take over the company.
  
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• Albanese, Dutton out of their depth in WA

  27-06-2024 04:46 via businessnews.com.au
  
  Policies and rhetoric from both federal leaders could prove useful fodder to their opposite numbers in WA ahead of the March 2025 election.
  
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• Spike in scams targeting remote communities ahead of tax time

  27-06-2024 04:33 via abc.net.au
  
  Financial counsellors and community leaders warn residents in remote communities in Western Australia to remain vigilant of a rise in scams ahead of tax time. 
  
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• VEEM appoints CEO and CFO

  27-06-2024 04:25 via businessnews.com.au
  
  Marine technology company VEEM has announced three key management appointments, effective from July 1.
  
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• The Coalition needs votes from young people, so are they on board with its nuclear plan?

  27-06-2024 04:13 via abc.net.au
  
  Peter Dutton has pledged to build nuclear power plants in these teenagers' regions if the Coalition wins the next election. Some are excited by the prospect of a new industry but others want to keep the focus on renewables.
  
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