Analyst news

• Reserve Bank of NZ cuts interest rates as ASIC sues ASX for alleged misleading statements — as it happened

  13-08-2024 23:57 via abc.net.au
  
  The Reserve Bank of New Zealand has cut interest rates to 5.25 per cent, while Australia's corporate regulator has announced it's suing the ASX for alleged misleading statements. Look back on the day's events with our blog.
  
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• Live: Commonwealth Bank’s annual profit drops, Australian share market to rise after a rally on Wall Street

  13-08-2024 23:57 via abc.net.au
  
  Australia's largest bank has reported that its statutory full-year profit has dropped 6 per cent, while the Australian share market is set to open higher after Wall Street hit a near two-week high. Follow the latest updates in our live blog.
  
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• Live: ASIC sues ASX for alleged misleading statements as Commonwealth Bank’s annual profit drops

  13-08-2024 23:57 via abc.net.au
  
  The corporate regulator sues the ASX for alleged misleading statements while Australia's largest bank has reported that its statutory full-year profit has dropped 6 per cent. Follow the latest updates in our live blog.
  
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• Victorian premier urges City of Melbourne to rethink cutting ties with e-scooter hire companies

  13-08-2024 21:46 via abc.net.au
  
  The City of Melbourne has voted to cut ties with share hire e-scooter companies, citing concerns from CBD residents over safety. Victorian Premier Jacinta Allan urged the council to rethink the decision.
  
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• 'It's shameful': Melbourne mayor vows to ban e-scooters in CBD within 30 days after council vote

  13-08-2024 21:46 via abc.net.au
  
  Melbourne's CBD has voted to cut ties with share hire e-scooter companies, citing concerns from local residents over safety.
  
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• Hire e-scooters to be banned in Melbourne over safety concerns

  13-08-2024 21:46 via abc.net.au
  
  Melbourne's CBD has voted to cut ties with share hire e-scooter companies, citing concerns from local residents over safety.
  
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• Corporate regulator faces questions over 'probity' of CEO appointment

  13-08-2024 21:33 via abc.net.au
  
  Australian Securities and Investments Commission chair Joe Longo appointed a chief executive to the corporate regulator without advertising the role, considering other candidates or consulting with other commissioners, documents obtained by the ABC show.
  
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• ASIC's CEO was given the role without it being advertised or other candidates being considered, documents show

  13-08-2024 21:33 via abc.net.au
  
  Australian Securities and Investments Commission chair Joe Longo appointed a chief executive to the corporate regulator without advertising the role, considering other candidates or consulting with other commissioners, documents obtained by the ABC show.
  
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• 'Disruption and inconvenience' as another Tasmanian GP clinic prepares to close

  13-08-2024 21:31 via abc.net.au
  
  Next month, the retirement of a long-standing Tasmanian GP will lead to the closure of a small Tasmanian town's only clinic. More than 13,000 patients will be impacted, at a time when the pressure on the state's health system is arguably at its greatest.
  
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• Closure of GP clinic in greater Hobart to impact ageing Bruny Island community

  13-08-2024 21:31 via abc.net.au
  
  Next month, the retirement of a long-standing Tasmanian GP will lead to the closure of a small Tasmanian town's only clinic. More than 13,000 patients will be impacted, at a time when the pressure on the state's health system is arguably at its greatest.
  
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• Unsure if the food you buy is actually healthy? It could get clearer under government overhaul

  13-08-2024 20:50 via abc.net.au
  
  Leading food manufacturers could soon be subject to mandatory health star ratings, more onerous labelling on packaged foods and restrictions on marketing, especially to infants, under a federal government overhaul. 
  
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• Unhealthy foods can still have health star ratings. But that could all change in a government overhaul

  13-08-2024 20:50 via abc.net.au
  
  Leading food manufacturers could soon be subject to mandatory health star ratings, more onerous labelling on packaged foods and restrictions on marketing, especially to infants, under a federal government overhaul. 
  
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• How the government wants to stop food manufacturers 'gaming' the labelling on food you buy at the supermarket

  13-08-2024 20:50 via abc.net.au
  
  Leading food manufacturers could soon be subject to mandatory health star ratings, more onerous labelling on packaged foods and restrictions on marketing, especially to infants, under a federal government overhaul. 
  
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• Nicheliving tax bill tops $7m, tribunal told

  13-08-2024 16:35 via businessnews.com.au
  
  Embroiled home builder Nicheliving’s tax bill has surpassed $7 million, the tribunal was told, with lawyers set to meet again next week.
  
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• Fremantle Ports faces strike threat

  13-08-2024 13:13 via businessnews.com.au
  
  Work at Fremantle Ports could grind to a halt over the weekend as a result of industrial action, with a 48-hour strike planned by the Australian Maritime Officers Union from Sunday.
  
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• Peel Health Campus turns public

  13-08-2024 10:00 via businessnews.com.au
  
  Peel Health Campus officially transitioned from a private to publicly owned and operated facility on Tuesday.
  
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• Australian shares higher as gold hits record high

  13-08-2024 09:55 via businessnews.com.au
  
  The ASX200 has finished higher, with losses for CSL and Seek and gains for Temple & Webster and goldminers.
  
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• Chlorination enhancement for MTM

  13-08-2024 09:00 via businessnews.com.au
  
  MTM Critical Metals has announced its flash joule heating technology can now be extended into either a chlorinated or carbon-chlorinated setting, in a bid to enhance its metal recovery activities.
  
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• At Close Of Business Podcast August 13 2024

  13-08-2024 08:44 via businessnews.com.au
  
  Mark Beyer and Isabel Vieira discuss a major report highlighting the challenges facing WA in meeting waste recycling goals.
  
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• Major gold miner targeted in cyber attack

  13-08-2024 08:20 via abc.net.au
  
  Evolution Mining has confirmed to authorities and the Australian Stock Exchange that it has been targeted in a ransomware attack.
  
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• Doing what’s best for the elephants

  13-08-2024 08:00 via businessnews.com.au
  
  OPINION: Relocating large animals from inner-city zoos to more spacious surrounds takes meticulous planning.
  
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• Zempilas lashes state govt on primary school move

  13-08-2024 07:40 via businessnews.com.au
  
  The state government is set to repeal the act standing in the way of developing a long-stalled primary school in East Perth on contested land owned by the City of Perth.
  
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• New commissioner set to help Queensland farmers negotiate supermarket prices

  13-08-2024 07:12 via abc.net.au
  
  Vegetable grower Carl Walker says farmers are worried the new commissioner's powers won't go far enough. He says farmers just want a "fair price for a fair day's work".
  
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• Go-between appointed to help Queensland farmers negotiate supermarket prices

  13-08-2024 07:12 via abc.net.au
  
  Vegetable grower Carl Walker says farmers are worried the new commissioner's powers won't go far enough. He says farmers just want a "fair price for a fair day's work".
  
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• WAIS receives $20.8 million funding boost

  13-08-2024 07:00 via businessnews.com.au
  
  The state government will provide the WA Institute of Sport with an additional $20.8 million over the next four years, on the back of recent Olympic success in Paris.
  
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• Sanur’s Subi plan knocked back

  13-08-2024 06:44 via businessnews.com.au
  
  The developer’s plan to demolish several dilapidated shop fronts in Subiaco has been rejected by planning authorities, eight months on from its deferral.
  
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• HopgoodGanim to merge with Butlers

  13-08-2024 06:44 via businessnews.com.au
  
  National mid-tier law firm HopgoodGanim is set to merge with Perth’s Butlers Lawyers and Notaries, adding 17 staff to its WA team.
  
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• Morrison gives evidence in Reynolds trial

  13-08-2024 06:14 via businessnews.com.au
  
  Former prime minister Scott Morrison says shortcomings in process, rather than Senator Linda Reynolds’ conduct, were to blame for the handling of Brittany Higgins’ rape allegation.
  
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• Scientists celebrate first Maugean skate hatchling born from a captive-laid egg

  13-08-2024 05:57 via abc.net.au
  
  Scientists working to conserve the endangered Maugean skate are celebrating the first skate to hatch from an egg laid in captivity.
  
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• Strike, Frontier in AEMO supply win

  13-08-2024 05:47 via businessnews.com.au
  
  ASX-listers Strike Energy and Frontier Energy have each received Australian Energy Market Operator approval to supply peaking power into the South West Interconnected System.
  
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• Fallout from foreign elections

  13-08-2024 05:00 via businessnews.com.au
  
  OPINION: Polarised political environments in some of the world’s leading democracies create uncertainty for Australia and opportunities for malign actors.
  
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• Annual wage growth remains at 4.1 per cent in June quarter

  13-08-2024 04:41 via abc.net.au
  
  The annual pace of wage growth has remained steady in the June quarter, at 4.1 per cent, with an increase in public sector wage growth offsetting a decline in private sector wages.
  
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• 'A little too strong for inflation': What recent wage price data tells us about future interest rate decisions

  13-08-2024 04:41 via abc.net.au
  
  The annual pace of wage growth has remained steady in the June quarter, at 4.1 per cent, with an increase in public sector wage growth offsetting a decline in private sector wages.
  
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• Chevron ups local Wheatstone output

  13-08-2024 03:34 via businessnews.com.au
  
  Chevron Australia has increased the production capacity of its Wheatstone domestic gas facility by seven per cent, lifting nameplate capacity to 230 terajoules per day.
  
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• Politics, trade and a global threat

  13-08-2024 03:00 via businessnews.com.au
  
  ANALYSIS: Threats from an alliance dubbed the ‘axis of upheaval’ have prompted concern and urgency among Australia and its longstanding allies.
  
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• Multi-billion-dollar wind farm proposed in outback could power over 200,000 homes

  13-08-2024 02:49 via abc.net.au
  
  The project flagged for near the Queensland town of Hughenden envisages one of the biggest wind farms in the country being built in the state's north-west.  
  
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• Multi-billion-dollar wind farm proposed in outback could power more than 200,000 homes

  13-08-2024 02:49 via abc.net.au
  
  The project, near the Queensland town of Hughenden, would see one of the biggest wind farms in the country built in the state's north west. 
  
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• Domgas warning as deadline looms

  13-08-2024 02:45 via businessnews.com.au
  
  The WA Liberal Party says there can be no further delay to the rollout of findings from the state’s domestic gas inquiry, scheduled for release this week.
  
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• Date confirmed for domgas report

  13-08-2024 02:45 via businessnews.com.au
  
  The long-awaited report into the state's domestic gas policy will be tabled this week, a deadline confirmed hours after opposition voices warned of the consequences of further pushback.
  
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• 'Enough is enough': construction insider relates CFMEU 'bully' tactics

  13-08-2024 02:39 via abc.net.au
  
  A construction industry insider who alleges he was physically struck by a CFMEU member has accused union officials of acting like "the meanest bully you've ever come across."
  
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• NSW premier argues gambling is 'long tradition' as Anzac Day pokies ban debated

  13-08-2024 02:35 via abc.net.au
  
  NSW Premier Chris Minns banned full-day retail trade on the national day of remembrance, with the exemption of "essential" service providers including hotels and clubs.
  
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• Alex Greenwich calls for poker machines to be 'given a rest' in Anzac Day ban proposal

  13-08-2024 02:35 via abc.net.au
  
  NSW Premier Chris Minns banned full-day retail trade on the national day of remembrance, with the exemption of "essential" service providers including hotels and clubs.
  
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• Project setbacks dent waste sector

  13-08-2024 02:00 via businessnews.com.au
  
  A major report has highlighted the challenges facing WA in meeting waste recycling goals.
  
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• Melbourne is growing fast, but on the fringes, public transport isn't

  13-08-2024 01:57 via abc.net.au
  
  Melbourne's population continues to grow, but there are growing calls for services such as public transport to be expanded to match the boom. 
  
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• Kimberley group enlists federal aid to win back control of land from WA government

  13-08-2024 00:33 via abc.net.au
  
  With their land tied up in restrictive arrangements under the Aboriginal Lands Trust, traditional owners on WA's Dampier Peninsula are intensifying their efforts to win back control.
  
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• Bolo isn't allowed to build infrastructure to support his tour business. His community wants that to change

  13-08-2024 00:33 via abc.net.au
  
  With their land tied up in restrictive arrangements under the Aboriginal Lands Trust, traditional owners on WA's Dampier Peninsula are intensifying their efforts to win back control.
  
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• Bolo can't build infrastructure for his business on his traditional lands. Work is being done to change that

  13-08-2024 00:33 via abc.net.au
  
  With their land tied up in restrictive arrangements under the Aboriginal Lands Trust, traditional owners on WA's Dampier Peninsula are intensifying their efforts to win back control.
  
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• Live: Wage price growth at 4.1pc over year to June, global energy prices soar

  13-08-2024 00:04 via abc.net.au
  
  Wage price growth has remained steady at 4.1 per cent over the year to June while the Australian share market is trading flat. 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: Wage price growth at 4.1% over year to June, global energy prices soar

  13-08-2024 00:04 via abc.net.au
  
  Wage price growth has remained steady at 4.1 per cent over the year to June after the Australian share market opened flat today. 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: Australian share market opens flat

  13-08-2024 00:04 via abc.net.au
  
  The Australian share market has opened flat today after a mixed day on US and global markets. Rising geopolitical tensions are pushing energy prices higher. 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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