Analyst news

• New homes in this Victorian alpine region might not be approved until 2028

  28-08-2024 23:37 via abc.net.au
  
  Despite buying a block of land in the middle of a popular Victorian tourist town's retail strip, Tom Courtice and Julliette Begg can't get water or sewage connected. The connection issues could take four years to resolve.
  
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• All construction delayed for four years in this Victorian region due to water connection problems

  28-08-2024 23:37 via abc.net.au
  
  Despite buying a block of land in the middle of a popular Victorian tourist town's retail strip, Tom Courtice and Julliette Begg can't get water or sewage connected. The connection issues could take four years to resolve.
  
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• Why a top chef wants you to put carp collagen on your face

  28-08-2024 22:54 via abc.net.au
  
  Australian researchers and chef Duncan Welgemoed are advocating for the pest species to be used to feed into health and beauty products in a multi-billion-dollar industry. 
  
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• It's one of two copper smelters left in the country. What will happen when the mine next door closes?

  28-08-2024 22:09 via abc.net.au
  
  A game of cat and mouse is being played between the state and Swiss multinational Glencore in an outback town facing the closure of its historic copper mine.
  
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• Closure of Australia's deepest copper mine threatens thousands of Queensland jobs

  28-08-2024 22:09 via abc.net.au
  
  A game of cat and mouse is being played between the state and Swiss multinational Glencore in an outback town facing the closure of its historic copper mine.
  
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• Digital banks are 'a gift' for scammers. Here's what you need to know to keep your savings safe

  28-08-2024 22:02 via abc.net.au
  
  Neobanks are online-only branches, and experts are concerned they could be more susceptible to scammers.
  
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• Cyber security experts say digital banking is a gift to scammers

  28-08-2024 22:02 via abc.net.au
  
  Neobanks are online-only branches, and experts are concerned they could be more susceptible to scammers.
  
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• Universities warn international student cap could slash numbers further than intended

  28-08-2024 21:23 via abc.net.au
  
  The federal government's proposal to cap international student enrolments has prompted dire warnings from parts of the sector about the economic fallout.
  
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• Immediate threat of summer blackouts eases but market operator warns risks remain

  28-08-2024 16:02 via abc.net.au
  
  Australia's power market operator says the outlook has improved for the country's biggest grid, but the risks of delays to new projects loom large.
  
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• State and territory pressure mounts on Catherine King as transport funding deal risks derailment

  28-08-2024 11:57 via abc.net.au
  
  Federal Infrastructure Minister Catherine King has been rolled in her efforts to decrease the Commonwealth's share of major transport funding, with Tasmania and WA joining a state and territory pile-on.
  
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• Sewage stored in pits and tankered out daily — South Australia's festering housing problem

  28-08-2024 11:48 via abc.net.au
  
  More than 700 homes in the townships of Angle Vale, Virginia, Roseworthy and the suburb of Riverlea are having their sewage transported up to 40 kilometres by road to Adelaide's main wastewater treatment plant.
  
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• 'It's unbearable': Sewage trucked daily from housing estates in Adelaide's north will continue for years

  28-08-2024 11:48 via abc.net.au
  
  More than 700 homes in the townships of Angle Vale, Virginia, Roseworthy and the suburb of Riverlea are having their sewage transported up to 40 kilometres by road to Adelaide's main wastewater treatment plant.
  
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• Western Power, Synergy lashed by premier for 'complete own goal' after eight-hour blackout

  28-08-2024 10:35 via abc.net.au
  
  WA Premier Roger Cook has criticised state-owned utilities Western Power and Synergy for failing to ensure adequate back-up supplies were in place before undertaking major works on the state's main power grid.
  
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• 'They stuffed up': WA Premier lashes power providers for 'complete own goal' after eight-hour blackout

  28-08-2024 10:35 via abc.net.au
  
  WA Premier Roger Cook has criticised state-owned utilities Western Power and Synergy for failing to ensure adequate back-up supplies were in place before undertaking major works on the state's main power grid.
  
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• At Close of Business podcast August 28 2024

  28-08-2024 09:51 via businessnews.com.au
  
  Nadia Budihardjo and Liv Declerck discuss new developments in WA's arts and culture scene.
  
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• Rare earths prices dent Lynas' results

  28-08-2024 09:49 via businessnews.com.au
  
  Lynas Rare Earths has pointed to positive moments in the rare earths price market in recent months after "stubbornly low" prices impacted its full year results.
  
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• Shares recoup losses to end flat as Aussie dollar rises

  28-08-2024 09:45 via businessnews.com.au
  
  The ASX200 finished 0.2 points higher after being down as many as 62 points in morning trading, while the Australian dollar briefly traded over 68 US cents.
  
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• This scientist has 'never had a full-time job' — and here's why she doesn't need to

  28-08-2024 09:40 via abc.net.au
  
  If you were asked to picture a scientist you might picture someone head down, white coat and goggles on,but Dr Catriona Nguyen-Robertson's science career took her in a different direction — away from full-time work in a lab.
  
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• Meteoric divests Kimberley gold project

  28-08-2024 09:40 via businessnews.com.au
  
  With a desire to enhance its Caldeira clay rare earth element project in Brazil, Meteoric Resources has elected to divest a non-core project in Western Australia.
  
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• How an immunologist built a career in science, outside of a full-time job in a lab

  28-08-2024 09:40 via abc.net.au
  
  If you were asked to picture a scientist you might picture someone head down, wearing a white coat and goggles, but Dr Catriona Nguyen-Robertson's science career took her in a different direction — away from full-time work in a lab.
  
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• Woolworths supermaket says it will sell deforestation-free beef from end of 2025

  28-08-2024 09:35 via abc.net.au
  
  The retailer updated its sustainability target, shifting from an existing net-zero deforestation goal, to become "deforestation-free" by the December 2025.
  
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• Lawyers argue evidence in Reynolds, Higgins trial

  28-08-2024 09:30 via businessnews.com.au
  
  Lawyers for Senator Linda Reynolds and Brittany Higgins have applied to admit more evidence in the ongoing defamation trial in the state’s highest court.
  
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• Council backs new Mandurah brewery

  28-08-2024 09:26 via businessnews.com.au
  
  The City of Mandurah council has granted a 20-year lease for a brewery to be developed on the site of the King Carnival on the city’s western foreshore.
  
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• Qoria posts record results

  28-08-2024 08:41 via businessnews.com.au
  
  Edtech company Qoria grew revenue by 21 per cent in FY24 to see it achieve its first ever positive earnings before tax, interest, depreciation and amortisation.
  
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• Opposition mounts over student caps

  28-08-2024 08:00 via businessnews.com.au
  
  OPINION: WA is worried about cuts in a sector that contributes billions of dollars to the state’s economy.
  
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• Australia opts for Global Entry

  28-08-2024 08:00 via businessnews.com.au
  
  Australians travelling to the US will be processed faster following a new agreement between the two countries.
  
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• Perseus profit up 14pc

  28-08-2024 07:45 via businessnews.com.au
  
  A booming gold price has helped ensure a strong 2024 financial year for Perseus Mining, which posted a net profit after tax of $US364.8 million, or $536.4 million.
  
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• Perseus profit rises by 14pc

  28-08-2024 07:45 via businessnews.com.au
  
  A booming gold price has helped ensure a strong 2024 financial year for Perseus Mining, which posted a net profit after tax of $US364.8 million, or $536.4 million.
  
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• 'Disappointing': Green hydrogen project canned

  28-08-2024 07:19 via businessnews.com.au
  
  The state government has labelled Province Resources’ decision to scrap its plans for a major green hydrogen project “disappointing” after it got blamed for the company’s decision.
  
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• Calls to protect northern Australia's ancient stone wall fish traps from tourists, climate change

  28-08-2024 07:17 via abc.net.au
  
  Traditional owners say World Heritage listing would help preserve Australia's largest archaeological site, an elaborate network of stone walls designed to trap fish at low tide in the Gulf of Carpentaria.
  
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• Teenager escapes injury after e-bike bursts into flames on Sydney street

  28-08-2024 07:04 via abc.net.au
  
  A 15-year-old boy was heading to school on an e-bike in Alexandria when the lithium-ion battery went into thermal runaway and exploded. 
  
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• Firefighters battle two suspected battery fires across Sydney in the space of two days

  28-08-2024 07:04 via abc.net.au
  
  A 15-year-old boy was heading to school on an e-bike in Alexandria when the lithium-ion battery went into thermal runaway and exploded. It comes a day after firefighters put out a major fire at a home in Merrylands that was also caused by a faulty battery.
  
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• E-bike explodes on Sydney street while being ridden by 15yo boy on way to school

  28-08-2024 07:04 via abc.net.au
  
  A 15-year-old boy was heading to school on an e-bike in Alexandria when the lithium-ion battery went into thermal runaway and exploded. 
  
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• AFP officers walked off the job from seven major airports yesterday, but didn't make their action public due to security concerns

  28-08-2024 07:00 via abc.net.au
  
  AFP officers have walked off the job at seven major airports around the country as part of ongoing industrial action.
  
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• AFP officers walked off the job from seven major airports, but didn't make their action public due to security concerns

  28-08-2024 07:00 via abc.net.au
  
  AFP officers have walked off the job at seven major airports around the country as part of ongoing industrial action.
  
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• Inflation drops to 3.5pc for July

  28-08-2024 06:45 via businessnews.com.au
  
  Australian Bureau of Statistics figures have revealed inflation fell to 3.5 per cent in July, down from 3.8 per cent in June.
  
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• Developer vows to fight for supermarket in small hinterland town, as proposal causes division

  28-08-2024 06:40 via abc.net.au
  
  The plan to bring a supermarket giant into a small country town on Queensland's Sunshine Coast could spiral into a major legal battle.
  
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• Golem lines up national HSF role

  28-08-2024 05:57 via businessnews.com.au
  
  Herbert Smith Freehills Perth partner Ante Golem has been named the global law firm’s dispute resolution lead for Australia.
  
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• TWU pushes for gig super

  28-08-2024 05:17 via businessnews.com.au
  
  The Transport Workers Union will push for gig economy workers, like Uber and AmazonFlex drivers, to receive company-funded superannuation through an application made to the Fair Work Commission today.
  
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• McLachlan-led Tabcorp posts $1.35bn loss

  28-08-2024 05:13 via businessnews.com.au
  
  New Tabcorp boss Gillon McLachlan admits the business ‘is not where it ultimately needs to be’ following news it posted a statutory net loss after tax of $1.35 billion for the 2024 financial year.
  
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• Inflation falls to 3.5pc in July as energy rebates help to push electricity prices lower

  28-08-2024 04:06 via abc.net.au
  
  The annual rate of inflation declined in July, as commonwealth and state rebates drove energy prices lower, the Bureau of Statistics said.
  
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• Sydney's lord mayor heckled after claiming city ahead of Melbourne for nightlife

  28-08-2024 03:52 via abc.net.au
  
  Sydney Lord Mayor Clover Moore has been heckled at a community forum, after claiming her council's work on laneways and small bars have put the city ahead of Melbourne. 
  
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• Small WA town inundated by movie industry wants to be 'the Hollywood of the Wheatbelt'

  28-08-2024 03:03 via abc.net.au
  
  A country town is creating a name for itself among Australian television and movie makers, becoming the backdrop of three major productions over the past 12 months. 
  
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• Filmmakers take advantage of heritage town to breathe new life into its streets

  28-08-2024 03:03 via abc.net.au
  
  A country town is creating a name for itself among Australian television and movie makers, becoming the backdrop of three major productions over the past 12 months. 
  
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• Fortescue posts $8bn profit

  28-08-2024 02:53 via businessnews.com.au
  
  Fortescue ended the 2024 financial year with $US5.7 billion, $A8.39 billion, profit, an 18 per cent growth from the previous reporting period.
  
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• Fortescue posts $8.4bn profit

  28-08-2024 02:53 via businessnews.com.au
  
  Fortescue ended the 2024 financial year with a profit of $US5.7 billion ($A8.39 billion), an 18 per cent growth from the previous reporting period, while announcing an increase in dividends.
  
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• Techboard report finds unannounced funds

  28-08-2024 02:30 via businessnews.com.au
  
  A Techboard report into unannounced funding in the Australia fintech sector has found non-listed fintech companies raised $1.45 billion in 2023.
  
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• Investment growth to drive diversity

  28-08-2024 02:00 via businessnews.com.au
  
  The arts and culture sector faces increasing costs and changing audience preferences as the state government prepares to release a 10-year plan.
  
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• Nine profits down in tough conditions

  28-08-2024 01:45 via businessnews.com.au
  
  Mass media company Nine Entertainment has had full year profits fall by almost a third to $134.9 million.
  
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• Energy boss calls for rethink of power pricing after complex time-of-use tariffs found to do little but 'punish' consumers

  28-08-2024 01:40 via abc.net.au
  
  Australia's peak energy user group and one of its biggest retailers sound the alarm on complex power prices, saying they're not working and may be harming.
  
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