Analyst news

• Report commissioned after death of Tia Cameron recommends changes for bus drivers over 60

  11-07-2024 23:46 via abc.net.au
  
  An independent report has recommended regular health screenings for bus drivers older than 60 to ensure public safety, amid concerns over a spate of "near misses involving buses".
  
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• Live: US interest rate cuts likely in September after inflation falls, S&P 500 and Nasdaq drop

  11-07-2024 23:36 via abc.net.au
  
  Cooler inflation figures out of the US have all but guaranteed the Federal Reserve will cut interest rates in September, while the local share market is set to defy losses recorded by the S&P 500 and Nasdaq overnight. Follow live.
  
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• Live: Australian shares hit new record high after falling US inflation fuels interest rate cut speculation

  11-07-2024 23:36 via abc.net.au
  
  Australian shares have set a new record high during trade on Friday after official figures showed inflation has fallen in the US, leading to increased speculation that the Federal Reserve will cut interest rates in September. Follow live.
  
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• As it happened: CBA overtakes BHP as the ASX's largest company, fallout continues from BHP's nickel closure

  11-07-2024 23:36 via abc.net.au
  
  Australian shares set a new record high during trade on Friday, where Commonwealth Bank stocks hit a record high, and took BHP's spot as the largest company on the ASX. As it happened.
  
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• Sussan Ley accuses Labor of 'ripping off' Australia Made logo to promote flagship policy

  11-07-2024 21:09 via abc.net.au
  
  Senior Labor ministers are accused of "ripping off" an iconic logo used to promote Australian-made products. 
  
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• Melbourne debt collector fined $15,000 and facing ban tells court 'I'll just keep operating'

  11-07-2024 21:09 via abc.net.au
  
  Michael Stanyer breached consumer law and called debtors "dickheads" and "pathetic lying losers", then told a magistrate he won't be paying his fine.
  
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• Labor accused of 'ripping off' iconic Australia Made logo to promote flagship budget policy

  11-07-2024 21:09 via abc.net.au
  
  Senior Labor ministers are accused of "ripping off" an iconic logo used to promote Australian-made products. 
  
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• Debt collector who refuses to pay fine faces five-year ban over harassing calls

  11-07-2024 21:09 via abc.net.au
  
  Michael Stanyer breached consumer law and called debtors "dickheads" and "pathetic lying losers", then told a magistrate he won't be paying his fine.
  
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• The ASX's top earning CEO took home nearly $50m in pay last year, but many execs took a (modest) pay cut

  11-07-2024 21:02 via abc.net.au
  
  CEO bonuses are becoming a "given" according to a long-running study, despite a rise in investor strikes against remuneration reports.
  
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• Corporate governance experts urge moderation in CEO bonus pay

  11-07-2024 21:02 via abc.net.au
  
  CEO bonuses are becoming a "given" according to a long-running study, despite a rise in investor strikes against remuneration reports.
  
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• Would you spend half a billion dollars just to be 'cool'? Here's why Japan thought it was a critical investment

  11-07-2024 20:46 via abc.net.au
  
  A look into the transformative journey of Japanese anime from World War II propaganda reels to today's billion-dollar, Pokemon-filled world.
  
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• Violence, mature themes and erotica: How Japan used animations and soft power to leave its dark past behind

  11-07-2024 20:46 via abc.net.au
  
  A look into the transformative journey of Japanese anime from World War II propaganda reels to today's billion-dollar, Pokemon-filled world.
  
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• 'Raised on fantasies': How Japan's global image morphed from military empire to pop culture superpower

  11-07-2024 20:46 via abc.net.au
  
  A look into the transformative journey of Japanese anime from World War II propaganda reels to today's billion-dollar, Pokemon-filled world.
  
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• 'Raised on fantasies': How Japan reinvented itself from military empire to pop culture superpower

  11-07-2024 20:46 via abc.net.au
  
  A look into the transformative journey of Japanese anime from World War II propaganda reels to today's billion-dollar, Pokemon-filled world.
  
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• ‘For us kids, we didn’t see Japan that way’: From military empire to land of fantasy and dreams

  11-07-2024 20:46 via abc.net.au
  
  A look into the transformative journey of Japanese anime from World War II propaganda reels to today's billion-dollar, Pokemon-filled world.
  
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• 'No excuse': Controversy over Esso's plans to dismantle offshore gas rigs

  11-07-2024 20:39 via abc.net.au
  
  Offshore gas supplies are running out in the Bass Strait and there are plans to dismantle some of Esso's ocean gas rigs. But the company's intention to leave parts of them in the sea has sparked concerns.
  
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• Mercury and asbestos are in decommissioned Bass Strait gas rigs. A fight is brewing over their removal

  11-07-2024 20:39 via abc.net.au
  
  Offshore gas supplies are running out in the Bass Strait and there are plans to dismantle some of Esso's ocean gas rigs. But the company's intention to leave parts of them in the sea has sparked concerns.
  
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• Inside BHP’s decision to shutter Nickel West

  11-07-2024 11:20 via businessnews.com.au
  
  BHP's Geraldine Slattery outlines why Nickel West is being mothballed, what needs to happen to fire it back up, and what will happen in the interim
  
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• Mining sector job losses top 6,000

  11-07-2024 10:31 via businessnews.com.au
  
  Shutdowns and cutbacks in Western Australia’s nickel, iron ore, alumina and lithium sectors have led to the loss of about 6,300 jobs this year.
  
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• CSBP, Coogee back cyanide plant funds

  11-07-2024 10:25 via businessnews.com.au
  
  Expansion of a Kwinana cyanide plant first mooted two years ago has gained funding approval from its major industrial backers.
  
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• Big names drive Labor donation boost

  11-07-2024 10:17 via businessnews.com.au
  
  WA Labor has received almost $140,000 worth of donations since the state’s new disclosure laws kicked off on July 1, with Perdaman the latest business to give to the party.
  
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• Hastings eyes Saudi Arabia for downstream processing

  11-07-2024 10:00 via businessnews.com.au
  
  Rare earths aspirant Hastings Technology Metals is considering Saudi Arabia as a potential site to process materials from it Yangibana project in the Gascoyne.
  
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• At Close of Business podcast July 11 2024

  11-07-2024 09:51 via businessnews.com.au
  
  Nadia Budihardjo and Tom Zaunmayr discuss Pivotree, a Perth firm developing an innovative solution to unlock stranded oil.
  Plus BHP to mothball its Nickel West operation; Brad Sheppard decides to sue the Eagles; and Mark Arena's $40 million takeover of the Perth Wildcats.
  
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• Rockingham commercial sites sold

  11-07-2024 09:50 via businessnews.com.au
  
  A gym and a bowling alley have sold for a combined $8.2 million to local and eastern states investors.
  
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• Thousands of jobs at risk as BHP shuts nickel mines

  11-07-2024 09:49 via abc.net.au
  
  Mining giant BHP has announced it’s putting its WA nickel mines on ice for at least three years, blaming an "oversupply in the global nickel market."
  
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• Redundancies and redeployments on offer for 1,600 people as BHP shuts nickel mines

  11-07-2024 09:49 via abc.net.au
  
  Mining giant BHP has announced it’s putting its WA nickel mines on ice for at least three years, blaming an "oversupply in the global nickel market."
  
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• BHP to close its WA nickel mines for at least three years, blaming oversupply

  11-07-2024 09:49 via abc.net.au
  
  Mining giant BHP has announced it’s putting its WA nickel mines on ice for at least three years, blaming an "oversupply in the global nickel market."
  
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• Aussie shares rally to 100-day high, edge all-time peak

  11-07-2024 09:34 via businessnews.com.au
  
  The ASX200 has finished up 0.9 per cent to nudge an all-time high following further dovish testimony by Federal Reserve chairman Jerome Powell.
  
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• Woodside signs LNG deal with Taiwan

  11-07-2024 09:32 via businessnews.com.au
  
  Woodside has inked a deal with CPC Corporation over the supply of liquefied natural gas to Taiwan, the first time the company will deliver to the country.
  
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• BHP suspends Nickel West operations

  11-07-2024 09:03 via businessnews.com.au
  
  Mining giant BHP will mothball its Nickel West operations across WA from October amid ongoing depressed prices for the battery metal.
  
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• Profit imperative drives mine moves

  11-07-2024 08:35 via businessnews.com.au
  
  Alarm bells should be ringing over moves by miners big and small to develop opportunities overseas at the expense of local projects.
  
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• Alinta to build $500m battery storage

  11-07-2024 08:30 via businessnews.com.au
  
  Alinta Energy is set to build a 300-megawatt battery storage system in Wagerup, which is estimated to cost $500 million.
  
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• Port Hedland struck by two small earthquakes in 12 hours

  11-07-2024 08:11 via abc.net.au
  
  Two earthquakes have struck near the town of Port Hedland in the past 12 hours, with Geoscience Australia saying the first was likely a "foreshock" ahead of the second 3.8-magnitude tremor.
  
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• Port Hedland struck by three small earthquakes in one day

  11-07-2024 08:11 via abc.net.au
  
  Three earthquakes have struck near the town of Port Hedland in the past day, with Geoscience Australia saying the first was likely a "foreshock" ahead of the later 3.6 and 3.8-magnitude tremors.
  
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• Pilbara town of Port Hedland struck by two small earthquakes in 12 hours

  11-07-2024 08:11 via abc.net.au
  
  Two earthquakes have struck near the town of Port Hedland in the past 12 hours, with Geoscience Australia saying the first was likely a "foreshock" ahead of the second 3.8-magnitude tremor.
  
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• Earthquake 'swarm' strikes Port Hedland's surrounds as multiple tremors rattle the town in one day

  11-07-2024 08:11 via abc.net.au
  
  Four earthquakes have struck near the town of Port Hedland across the day, with Geoscience Australia saying the first was likely a "foreshock" ahead of the later 3.8-magnitude tremor and further aftershocks.
  
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• Igo, Wyloo press pause on Kwinana project

  11-07-2024 08:00 via businessnews.com.au
  
  Nickel miner Igo and Andrew Forrest’s Wyloo Metals have paused progressing a battery materials facility in Kwinana amid current market conditions.
  
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• IBN Group buys Tom Price Coles

  11-07-2024 06:25 via businessnews.com.au
  
  The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.
  
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• Maiden profit for Lithium Australia's battery recycling subsidiary

  11-07-2024 06:13 via businessnews.com.au
  
  Lithium Australia has announced its battery recycling operations have achieved maiden operating profit in Q4 2024.
  
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• Maiden profit for Lithium Australia subsidiary

  11-07-2024 06:13 via businessnews.com.au
  
  Lithium Australia has announced its battery recycling operations have achieved maiden operating profit in Q4 2024.
  
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• Hospital in remote WA mining town to receive upgrades with $20 million in funding from Rio Tinto

  11-07-2024 06:02 via abc.net.au
  
  It is hoped including Paraburdoo Hospital upgrades in a combined tender with a planned revamp of Tom Price Hospital will make it easier to get a construction company on board, although the state government has not upped its own contribution.
  
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• Orthocell’s Striate+ approved for sale in Canada

  11-07-2024 05:37 via businessnews.com.au
  
  Perth-founded biotech company Orthocell has received regulatory approval to commence sales of its guided bone regeneration product Striate+ in Canada.
  
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• Perth home builder Nicheliving owes almost $4m to tax office

  11-07-2024 05:19 via abc.net.au
  
  A credit check has revealed that the troubled residential construction company has been issued an Australian Taxation Office default notice for more than $3.8 million, and that several sub-contractors are taking legal action over unpaid bills.
  
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• De Grey explores gold production boost

  11-07-2024 05:10 via businessnews.com.au
  
  Gold developer De Grey Mining says 2.2 million ounces of regional deposits additional to its core Hemi gold resource could be used to boost the project’s eventual production profile.
  
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• Fleetwood wins $40m Queensland contract

  11-07-2024 05:07 via businessnews.com.au
  
  Perth-founded manufacturer Fleetwood has won a $40 million contract to design, build and install 60 homes for the Queensland government.
  
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• Fleetwood win $40m QLD government contract

  11-07-2024 05:07 via businessnews.com.au
  
  Perth-founded manufacturer Fleetwood has won a $40 million contract to design, build and install 60 homes for the Queensland government.
  
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• Sheppard sues West Coast Eagles

  11-07-2024 04:55 via businessnews.com.au
  
  Former Eagles player Brad Sheppard has sued the AFL, the club, and two doctors for the injuries he suffered during his career that was cut short after ongoing medical issues.
  
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• Indigenous lands milestone in WA’s north

  11-07-2024 04:27 via businessnews.com.au
  
  One quarter of Western Australia’s north will be under Indigenous protection as the federal government reveals three new designations in the state.
  
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• New grain exporter’s hopes for Albany port

  11-07-2024 03:03 via businessnews.com.au
  
  Western Australia’s newest grain exporter has ambitions for port upgrades, more buyers, and critical minerals exports off the back of the new service
  
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• Perth innovation to unlock stranded oil

  11-07-2024 02:11 via businessnews.com.au
  
  THE function performed by a large structure out the back of Perth Airport may not be immediately apparent, but it holds significant promise for smaller players in the world’s oil, gas and decarbonisation industries.
  
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