Analyst news

• Live: ASX to rise after Wall Street optimism, metal prices surge

  26-09-2024 23:52 via abc.net.au
  
  The local share market is set to rise on open following Wall Street's positive sentiment off the back of strong jobs data. The price of metals have jumped. 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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• ASX closes flat as Star shares plunge, A2 Milk in trading halt ahead of acquisition announcement — as it happened

  26-09-2024 23:52 via abc.net.au
  
  The local share market has closed flat after A2 Milk entered a trading halt pending an acquisition announcement. See how the day unfolded.
  
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• Nurse who can see local hospital from her driveway commutes interstate to make more money

  26-09-2024 22:27 via abc.net.au
  
  At the level she works at in NSW, Erica Roberts says the equivalent pay in Queensland is an extra $4 an hour and she can make greater super contributions. Wage negotiations between the union and state government are ongoing.
  
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• Nurse Erica Roberts can see her local hospital from her driveway, but she drives interstate to make more money

  26-09-2024 22:27 via abc.net.au
  
  At the level she works at in NSW, Erica Roberts says the equivalent pay in Queensland is an extra $4 an hour and she can make greater super contributions. Wage negotiations between the union and state government are ongoing.
  
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• Campervan and motorhome owners highlight their economic muscle as hundreds gather for rally

  26-09-2024 21:40 via abc.net.au
  
  RV owners are trying their best to quell a reputation as a stingy group of travellers during a large gathering in South Australia this week with efforts to spend locally, donate items, and learn about Indigenous culture.
  
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• 'We are taking this situation seriously': Aussie festivals respond after US ticketing agent shuts down

  26-09-2024 20:49 via abc.net.au
  
  The US ticket-selling platform Lyte has shut down, leaving two Australian music festivals in the lurch. 
  
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• In Beijing for historic talks, Chalmers says China's economic growth is in Australia's interest

  26-09-2024 15:55 via abc.net.au
  
  Mr Chalmers is in Beijing to co-chair the first Australia-China Strategic Economic Dialogue in seven years, as well as to better understand the challenges facing the Chinese economy.
  
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• The ACCC has released its interim report into supermarkets. Here's what it tells us

  26-09-2024 15:01 via abc.net.au
  
  A new report from the Australian Competition and Consumer Commission has found many Australians have lost trust in supermarkets as it investigates the mega grocers' market power and potential barriers to entry in the sector.
  
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• ACCC supermarket inquiry investigating Coles and Woolworths' market power and barriers to entry

  26-09-2024 15:01 via abc.net.au
  
  A new report from the Australian Competition and Consumer Commission has found many Australians have lost trust in supermarkets as it investigates the mega grocers' market power and potential barriers to entry in the sector.
  
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• Telfer tailings back on track

  26-09-2024 11:48 via businessnews.com.au
  
  A tailings storage facility which plagued recent operations at Newmont Mining’s Telfer goldmine has been remediated, the project’s aspiring owner Greatland Gold has told the London market.
  
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• BCI progresses $1.4bn Mardie project

  26-09-2024 10:00 via businessnews.com.au
  
  Kerry Stokes-backed BCI Minerals has started the next stage of its $1.4 billion Mardie salt and potash project in the state's Pilbara region.
  
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• At Close of Business podcast September 26 2024

  26-09-2024 09:53 via businessnews.com.au
  
  Mark Beyer and Isabel Vieira discuss the challenges and opportunities in WA’s Indigenous business sector.
  Plus all the latest on Stockland's $75m housing project; BHP's first mover deal with Caterpillar; and Paul King-backed Albany accommodation gets the nod.
  
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• Delta taps Bell Potter for gold review

  26-09-2024 09:47 via businessnews.com.au
  
  Delta Lithium has brought in financial adviser Bell Potter to undertake a strategic review to assess its precious metal prospects at its Mt Ida project.
  
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• Aussie shares rally to rebound from losing streak

  26-09-2024 09:36 via businessnews.com.au
  
  The local stock exchange has finished about one per cent higher, with every sector except energy in the green as the rotation from banks to miners continued.
  
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• National job vacancies down 5.2pc

  26-09-2024 09:30 via businessnews.com.au
  
  Western Australia’s decrease in job vacancies during August 2024 quarter was less than the national average, data from the Australian Bureau of Statistics has found.
  
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• National job vacancies down 5.2 per cent

  26-09-2024 09:30 via businessnews.com.au
  
  Western Australia’s decrease in job vacancies during August 2024 quarter was less than the national average, data from the Australian Bureau of Statistics has found.
  
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• Superyacht builder moving to China

  26-09-2024 09:28 via businessnews.com.au
  
  Western Australia is likely to lose one of two superyacht builders in the state, as the growing volume of defence work at Henderson squeezes existing industries.
  
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• New detention facility gets $100m price tag

  26-09-2024 09:21 via businessnews.com.au
  
  Early works will begin on a $100 million-plus facility for high-risk youth detainees in Canning Vale before the end of the year, according to Corrective Services Minister Paul Papalia.
  
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• PM rules out negative gearing reforms

  26-09-2024 09:11 via businessnews.com.au
  
  Anthony Albanese has ruled out taking negative gearing tax reforms to the next election, despite reports the federal government had asked treasury to investigate an overhaul of the system.
  
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• Peel back layers for a true picture

  26-09-2024 09:03 via businessnews.com.au
  
  Allegations of ‘black cladding’ are never far from the surface in the Indigenous business sector.
  
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• US economy will suffer regardless of a Trump or Harris win, former treasurer Hockey warns

  26-09-2024 09:02 via abc.net.au
  
  The former Australian treasurer and ambassador to the United States, Joe Hockey, says the US dollar will grow weaker under either of the platforms of US presidential hopefuls Donald Trump and Kamala Harris. He also warned the Republican that he had made "absurd" spending commitments.
  
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• Record number of homes hit '$1 million mark' with Sydney and Brisbane leading the pack

  26-09-2024 08:55 via abc.net.au
  
  A record number of Australian suburbs now have a median house or unit value above $1 million, according to a new report.
  
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• Shifts at Chamber of Arts and Culture WA

  26-09-2024 08:52 via businessnews.com.au
  
  Chamber of Arts and Culture Western Australia has revealed several board changes, including Anthony Hasluck’s appointment as chair to replace outgoing June Moorhouse.
  
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• Panel approves $75m Stockland complex

  26-09-2024 08:47 via businessnews.com.au
  
  Stockland will build more than 150 dwellings north of Perth as part of a recently approved $75 million residential project.
  
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• Liquor commission investigation into Alice Springs brewery finds most sales 'no doubt innocuous'

  26-09-2024 08:35 via abc.net.au
  
  An Alice Springs brewery will be allowed to continue selling takeaway alcohol on days other businesses in the town are banned following an investigation by the NT Liquor Commission.
  
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• Indigenous business grows to $2.3bn

  26-09-2024 08:20 via businessnews.com.au
  
  WA’s Indigenous business sector has nearly tripled in size in the past four years, research by Business News has found.
  
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• Metro Rail Tunnel to cost $837m more than estimated, as government blames global factors

  26-09-2024 08:00 via abc.net.au
  
  The Victorian government called a snap public holiday-eve press conference to announce the budget blowout.
  
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• Frankland River gets grenache

  26-09-2024 08:00 via businessnews.com.au
  
  REVIEW: A taste of Frankland River grenache provides compelling evidence of just how good the variety can be when the planets align.
  
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• Coal miners launch joint bid to overturn Albanese government's industrial relations reforms

  26-09-2024 07:35 via abc.net.au
  
  The government's multi-employer bargaining reform is set face its first test, as three coal mining giants launch a bid to appeal a decision forcing them to engage in the practice. 
  
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• Council takes action against luxury rehab facility allegedly operating without consent

  26-09-2024 07:27 via abc.net.au
  
  A facility in Bowral, NSW that charges clients up to $25,000 per week has been accused of operating without the necessary development approval, prompting backlash from some residents.
  
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• Rescue bid lobbed for Panoramic

  26-09-2024 07:21 via businessnews.com.au
  
  An ASX-listed shareholder in Panoramic Resources has lobbed a rescue bid to potentially pull the shuttered nickel miner out of administration.
  
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• RAC doubles profit in bumper year

  26-09-2024 06:52 via businessnews.com.au
  
  RAC has reported a bumper $105 million profit for the 2023/24 financial year, more than doubling its profit from the previous year.
  
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• Energy system trial for BHP haul trucks

  26-09-2024 06:16 via businessnews.com.au
  
  BHP will test a new energy system designed by Caterpillar which can power up haul trucks on the move at its Jimblebar mine in the Pilbara.
  
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• Home Group tops WA builders

  26-09-2024 06:11 via businessnews.com.au
  
  The Silvestro family-led company has almost doubled its volume of home starts in the past 12 months, in a shake-up of the state’s residential building industry.
  
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• Albany tourist park approved

  26-09-2024 05:53 via businessnews.com.au
  
  Tourism identity Paul King is set to develop a $5 million, 24-bed tourist park at Frenchman Bay.
  
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• South West town records 51 per cent increase in animal cruelty cases as RSPCA releases latest hot spots

  26-09-2024 05:34 via abc.net.au
  
  The RSPCA has released its latest animal cruelty hotspots in WA, with the South West seeing an increase in reports. 
  
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• Dog found with open wounds as animal cruelty cases increase across the South West

  26-09-2024 05:34 via abc.net.au
  
  The RSPCA has released its latest animal cruelty hotspots in WA, with the South West seeing an increase in reports. 
  
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• ACCC backs $1.3bn Lendlease, Stockland deal

  26-09-2024 04:47 via businessnews.com.au
  
  The national competition watchdog has supported Stockland’s $1.3 billion acquisition of a dozen Lendlease projects, including two in Perth, despite initial concerns.
  
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• WA property industry confidence drops

  26-09-2024 04:26 via businessnews.com.au
  
  A new Property Council survey shows a slight uptick in national confidence, but a significant decline in WA.
  
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• Growth chance for meat rubs maker

  26-09-2024 04:26 via businessnews.com.au
  
  A small Yangebup-based food producer could soon hit national supermarket shelves three years after being scouted at a food and beverage trade show.
  
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• PM cools on negative gearing over supply fears, but evidence tells a different story

  26-09-2024 04:17 via abc.net.au
  
  Anthony Albanese has said any negative gearing changes must not constrain housing supply, but has pointed to research which says housing would become more affordable.
  
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• First Graphene secures two-year deal

  26-09-2024 04:06 via businessnews.com.au
  
  ASX-listed First Graphene has signed a two-year deal with New South Wales-based Halocell Energy, which the junior believes could lead to more commercial opportunities.
  
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• Kylie Minogue and Dom Dolla are up for ARIA Awards. But indie rockers Royel Otis lead 2024 nominations

  26-09-2024 02:30 via abc.net.au
  
  Indie rock duo Royel Otis lead the nominations pack over ARIA favourites Dom Dolla, Kylie Minogue, Troye Sivan and Amy Shark.
   
  
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• 2024 ARIA Award nominations: Indie rockers Royel Otis take on Dom Dolla, Kylie, Troye Sivan

  26-09-2024 02:30 via abc.net.au
  
  Indie rock duo Royel Otis lead the nominations pack over ARIA favourites Dom Dolla, Kylie Minogue, Troye Sivan and Amy Shark.
   
  
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• Noosa's nightlife under threat from mounting complaints in Queensland tourist hotspot

  26-09-2024 02:14 via abc.net.au
  
  In a Queensland town famous for its dining and stylish bars, venue owners say they are being unfairly targeted by "authorities" trying to shut down the live music scene.
  
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• Wall Street mixed as investors await US economic data

  26-09-2024 02:09 via businessnews.com.au
  
  US stocks have closed mostly lower as investors waited for the release of more economic data.
  
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• New name, strategy for Kids Institute

  26-09-2024 02:00 via businessnews.com.au
  
  One of WA’s most established research institutes is reinventing itself and the way it does business.
  
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• 'They basically just exploit you': Young people claim they are getting ripped-off at the dentist

  26-09-2024 01:07 via abc.net.au
  
  Young people going for regular dental check-ups claim they are being charged hundreds of dollars for unnecessary work.
  
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