Analyst news

• Live: Coles posts $1.1b full-year profit, citing stronger supermarket sales

  26-08-2024 23:47 via abc.net.au
  
  Coles has posted a $1.1b full-year, after-tax profit, citing stronger supermarket sales and acting to limit losses from theft, with the ASX 200 index tipped to open flat. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX 200 tipped to open flat with Coles due to deliver results

  26-08-2024 23:47 via abc.net.au
  
  The ASX 200 index is tipped to open flat after a mixed result from the US markets on Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Coles posts $1.1b full-year profit, Woodside shares jump after half-year results — as it happened

  26-08-2024 23:47 via abc.net.au
  
  Coles posted a $1.1 billion full-year, after-tax profit, while Woodside shares jumped 4 per cent after the company released its half-year results. Look back to see how the events unfolded.
  
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• Questions answered about how the right to disconnect laws will effect you

  26-08-2024 21:12 via abc.net.au
  
  The new laws were put in place to combat burnout and poor mental health associated with the workplace. Here's how they work.  
  
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• Questions answered about how the right to disconnect laws will affect you

  26-08-2024 21:12 via abc.net.au
  
  The new laws were put in place to combat burnout and poor mental health associated with the workplace. Here's how they work.  
  
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• Supermarkets under pressure to act as investigation finds 16,000 hectares of forest bulldozed on beef farms

  26-08-2024 20:50 via abc.net.au
  
  European supermarkets won't buy beef from Brazil due to concerns about land clearing in the Amazon. Now conservationists are urging Coles and Woolworths to follow suit to combat deforestation in Australian forests.
  
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• 16,000 hectares of forests found flattened on beef farms and 'people don't even know it's happening'

  26-08-2024 20:50 via abc.net.au
  
  European supermarkets won't buy beef from Brazil due to concerns about land clearing in the Amazon. Now conservationists are urging Coles and Woolworths to follow suit to combat deforestation in Australian forests.
  
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• 'There needs to be pressure to become better': Blackswan on the highly competitive world of K-pop stardom

  26-08-2024 13:14 via abc.net.au
  
  The new documentary K-Pop Idols takes viewers behind the scenes as Jessi, Cravity and Blackswan navigate the highly competitive world of K-pop stardom. Blackswan members Gabi, Fatou, NVee and Sriya speak to ABC News.
  
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• Stocks rise following Kazapromtom update

  26-08-2024 11:33 via businessnews.com.au
  
  Shares in Western Australia-based uranium companies closed trade strongly on Monday, following major news from global powerhouse Kazapromtom.
  
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• At Close of Business podcast August 26 2024

  26-08-2024 10:02 via businessnews.com.au
  
  Isabel Vieira and Tom Zaunmayr discuss Matrix Composites & Engineering, one of the Australian Marine Complex’s largest landholders.
  
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• Aussie shares resume winning ways as dollar surges

  26-08-2024 10:00 via businessnews.com.au
  
  The ASX200 has climbed 0.8 per cent as the local currency neared 68 US cents after Fed chairman Jerome Powell declared "the time had come" for US rate cuts.
  
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• Arafura signs MOU with Canadian entity

  26-08-2024 09:24 via businessnews.com.au
  
  Arafura Rare Earths has signed a memorandum of understanding with the Canada-based Saskatchewan Research Council, as it aims to add further value to its shovel-ready Nolans project in the Northern Territory.
  
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• NAIF’s De Grey loan a travesty

  26-08-2024 09:04 via businessnews.com.au
  
  OPINION: This publication has regularly questioned the merit of the NAIF but its latest $150 million loan makes an absolute travesty of its original mandate.
  
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• Red 5 flags name change, pay rise

  26-08-2024 08:57 via businessnews.com.au
  
  Goldminer Red 5 has flagged a name change and directors’ pay rise after its merger with Silver Lake Resources.
  
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• Time for a corporate welfare crackdown

  26-08-2024 08:00 via businessnews.com.au
  
  The pandemic support measures provided to Australian businesses by the Commonwealth government were exceptional.
  
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• CuFe to sell iron ore mine

  26-08-2024 07:21 via businessnews.com.au
  
  West Leederville explorer CuFe will suspend operations at its mine near Wiluna and sell its iron ore rights, citing challenging market conditions and volatile commodity prices.
  
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• De Grey receives $150m funding package

  26-08-2024 07:00 via businessnews.com.au
  
  De Grey Mining’s push to develop its Hemi gold project has continued, after receiving provision for a $150 million loan from the Northern Australia Infrastructure Facility.
  
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• Snowy Mountains ski resort closes doors but holds out hope for more snow

  26-08-2024 05:54 via abc.net.au
  
  Warm winds "like a hair dryer" on the snow have resulted in a NSW ski resort closing it's doors and another shutting slopes.
  
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• Interest rates, ANZ allegations set for grilling

  26-08-2024 05:54 via businessnews.com.au
  
  Australia’s big four banks will face a parliamentary grilling this week, including questions over ANZ’s alleged manipulation of the bond market.
  
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• Perth CBD retail vacancy at 25pc

  26-08-2024 05:39 via businessnews.com.au
  
  The retail vacancy rate in Perth CBD has slightly dipped in the first half of 2024 but remained the highest among Australian capital cities.
  
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• Long-serving Rovira steps down at Azure

  26-08-2024 04:55 via businessnews.com.au
  
  Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following last year’s acquisition by Hancock Prospecting and SQM.
  
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• Tsai to take Crown acting CEO role

  26-08-2024 04:35 via businessnews.com.au
  
  Crown Resorts chief executive Ciarán Carruthers will depart the company, with former Crown Perth chief executive David Tsai to step into the role from September.
  
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• Ramelius profit soars, Gold Road falls

  26-08-2024 04:20 via businessnews.com.au
  
  GOLD WRAP: Ramelius Resources has increased its profit 250 per cent year-on-year, bringing in almost $220 million last financial year as it rode a wave of record gold prices and low costs.
  
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• Tasmea to buy Future Engineering

  26-08-2024 03:43 via businessnews.com.au
  
  Jandakot-based mining services company Tasmea will acquire Future Engineering Group for nearly $85 million, with the deal to be finalised in the coming days.
  
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• Lithium prices dent Pilbara profit

  26-08-2024 03:24 via businessnews.com.au
  
  Wavering lithium prices have dented Pilbara Minerals revenue and profit for the full year, partially offset by upped sales volumes, while taking on $1 billion in new debt.
  
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• Cryptic social media posts by Liam and Noel Gallagher spark rumours Oasis could reunite

  26-08-2024 03:15 via abc.net.au
  
  The brothers behind one of the biggest bands of the nineties have hinted they don't look back in anger and a reunion is on the cards. 
  
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• Higher rates hit on Endeavour’s profit

  26-08-2024 03:14 via businessnews.com.au
  
  Endeavour Group says sales were up in 2023/24 but its profit dropped 3.2 per cent to $512 million as it paid more to service its $1.9 billion debt.
  
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• Pardoo to build cattle feedlot

  26-08-2024 02:16 via businessnews.com.au
  
  A Pilbara cattle station will build a 10,000-head feedlot in a move it expects to bolster the region’s status as a global premium boxed Wagyu beef supplier.
  
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• Local focus sandbags Matrix income mix

  26-08-2024 01:02 via businessnews.com.au
  
  One of the Australian Marine Complex’s largest landholders is building its service arm to generate a more sustainable revenue source.
  
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• Qube buys WA transport company

  26-08-2024 00:48 via businessnews.com.au
  
  A Western Australian transport company has been sold for $119 million to the nation’s largest logistics firm, Qube Holdings.
  
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• Qube buys WA tansport company

  26-08-2024 00:48 via businessnews.com.au
  
  A Western Australian transport company has been sold for $119 million to the nation’s largest logistics firm, Qube Holdings.
  
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• Live: NIB profit up 67pc as ASX opens higher following US Reserve chair comments

  26-08-2024 00:06 via abc.net.au
  
  The ASX200 has opened higher, with insurer NIB posting a 67 per cent increase in profit. It comes after US Federal Reserve chair Jerome Powell's comments that it was time to start cutting rates lifted global markets on Friday. Follow the day's events on the live markets blog. 
  
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• Live: NIB profit up 67% as ASX opens higher following comments from US Federal Reserve chair

  26-08-2024 00:06 via abc.net.au
  
  The ASX200 has opened higher, with insurer NIB posting a 67 per cent increase in profit. It comes after US Federal Reserve chair Jerome Powell's comments about cutting rates lifted global markets on Friday. Follow live. 
  
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• Live: ASX up 0.7pc as NIB shares dumped despite profit increase

  26-08-2024 00:06 via abc.net.au
  
  The ASX200 is up 0.7pc, with health insurer NIB punished despite a 67 per cent increase in profit. It comes after US Federal Reserve chair Jerome Powell's comments about cutting rates lifted global markets on Friday. Follow live. 
  
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• Live: ASX set to rise on Wall Street rally and the Fed greenlighting rate cuts

  26-08-2024 00:06 via abc.net.au
  
  US Federal Reserve chair Jerome Powell's comments that it was time to start cutting rates lifted global markets on Friday and the ASX is set to follow the trend this morning. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX closes higher as NIB shares dumped despite profit increase — as it happened

  26-08-2024 00:06 via abc.net.au
  
  The ASX200 closed higher, with health insurer NIB punished despite a 67 per cent increase in profit. It comes after US Federal Reserve chair Jerome Powell's comments about cutting rates lifted global markets on Friday. Look back at the day's events.
  
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