Analyst news

• Federal government to provide additional $32 million to cushion WA sheep industry from export ban

  14-10-2024 23:14 via abc.net.au
  
  The federal government will provide an additional $32 million to help WA's sheep industry transition away from live exports, bringing the total support package to $139 million.
  
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• Backlash from WA farmers after live export ban prompts extra $32 million in federal government help

  14-10-2024 23:14 via abc.net.au
  
  The federal government will provide an additional $32 million to help WA's sheep industry transition away from live exports, bringing the total support package to $139 million.
  
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• ASX hits fresh record high, Crown fined $2 million — as it happened

  14-10-2024 22:44 via abc.net.au
  
  Australian shares finish strongly higher, but Tyro Payments slumps. Crown is fined $2 million by a Victorian regulator. Here's how the day unfolded, with insights from our business reporters, on the ABC markets blog.
  
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• Million-dollar bus interchange sitting unused 10 months later after being built too tight for buses to turn

  14-10-2024 21:51 via abc.net.au
  
  A mayor and Tasmanian government department are at odds over how a bus interchange could be "ticked off" despite not being fit-for-purpose, with the corner too tight for buses to turn.
  
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• A bus interchange was built with a corner too sharp for buses to turn. It's sat unused for 10 months

  14-10-2024 21:51 via abc.net.au
  
  A mayor and Tasmanian government department are at odds over how a bus interchange could be "ticked off" despite not being fit-for-purpose, with the corner too tight for buses to turn.
  
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• A bushman, Pauline Hanson's right-hand man, and the 'mother of Teals' eye voter frustration

  14-10-2024 21:38 via abc.net.au
  
  With both Labor and the LNP based in Brisbane, minor parties and independents are well placed to win over disenfranchised regional voters at the upcoming Queensland election.
  
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• Two million households in grip of 'severe' food insecurity, annual snapshot shows

  14-10-2024 21:18 via abc.net.au
  
  The latest Foodbank Hunger Report has found 3.4 million households across Australia are experiencing food insecurity, with low income earners having to skip meals or eat less because they cannot afford enough food. 
  
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• These pensioners feed vulnerable families. They're seeing a disturbing trend that's been echoed in a new hunger report

  14-10-2024 21:18 via abc.net.au
  
  The latest Foodbank Hunger Report has found 3.4 million households across Australia are experiencing food insecurity, with low income earners having to skip meals or eat less because they cannot afford enough food. 
  
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• Millions of Australians experiencing 'severe' food insecurity and going hungry, report reveals

  14-10-2024 21:18 via abc.net.au
  
  The latest Foodbank Hunger Report has found 3.4 million households across Australia are experiencing food insecurity, with low income earners having to skip meals or eat less because they cannot afford enough food. 
  
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• Music giant Live Nation earned $US23 billion last year. Australian governments have been giving it millions in grants

  14-10-2024 20:39 via abc.net.au
  
  Freedom of information documents reveal tens of millions of dollars in grants were given to global behemoth Live Nation, at a time when Australia's music industry was struggling.
  
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• Smith departs ReGen amid Cook office rumours

  14-10-2024 14:24 via businessnews.com.au
  
  Speculation is mounting that departing ReGen Strategic founder Daniel Smith could be in line to join Premier Roger Cook’s office as chief of staff after the 2025 state election.
  
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• Debit card surcharges to be scrapped by 2026, government promises

  14-10-2024 13:30 via abc.net.au
  
  There is an end in sight for consumers getting hit with sneaky surcharges when they pay on card, with the federal government prepared to ban the practice by 2026, promising to give consumers and small businesses "a fair go."
  
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• Nobel memorial prize in economics goes to researchers who showed democratic institutions boost economic growth

  14-10-2024 11:49 via abc.net.au
  
  The three laureates were recognised for their work in studying how political institutions are formed, and how they affect prosperity and global inequality.
  
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• Nobel economics prize goes to researchers who showed democratic institutions boost economic growth

  14-10-2024 11:49 via abc.net.au
  
  The three laureates were recognised for their work in studying how political institutions are formed, and how they affect prosperity and global inequality.
  
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• Ticketmaster and Live Nation could face class action from music fans over 'dynamic' ticket pricing

  14-10-2024 09:59 via abc.net.au
  
  A legal firm says it is investigating allegations of "deceptive, misleading or unconscionable conduct". The ticketing company says it is not responsible for setting prices.
  
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• At Close of Business podcast October 14 2024

  14-10-2024 09:52 via businessnews.com.au
  
  Mark Pownall and Nadia Budihardjo discuss WA's often under-reported limestone industry.
  
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• Perth Festival eyes East Perth power station

  14-10-2024 09:50 via businessnews.com.au
  
  Perth Festival has set its sights on East Perth power station as an event space, a site previously earmarked for redevelopment by Kerry Stokes and Andrew Forrest.
  
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• Culpeo appoints interim executive chair

  14-10-2024 09:40 via businessnews.com.au
  
  Copper-focused junior Culpeo Minerals has appointed Geoffrey McNamara as its interim executive chair, effective from November 1.
  
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• Aussie shares finish at two-week high, near record peak

  14-10-2024 09:04 via businessnews.com.au
  
  The ASX200 gained 0.5 per cent thanks in part to the big banks and mining giants, but WEB Travel Group plunged by more than a third after downgrading guidance.
  
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• Decmil books $123m lithium contract

  14-10-2024 09:02 via businessnews.com.au
  
  Covalent Lithium has awarded Macmahon Holdings subsidiary Decmil Group a $123 million contract over road works on the Mount Holland lithium project.
  
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• Glory primed for off-field success

  14-10-2024 08:28 via businessnews.com.au
  
  With the 2024-25 A-League season fast approaching, Perth Glory is doing all it can to succeed both on and off the pitch.
  
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• The yin and yang of global markets

  14-10-2024 08:00 via businessnews.com.au
  
  OPINION: Two recent market interventions by China could both help and hinder Australian agriculture.
  
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• Vocus to acquire TPG assets in $5.3bn deal

  14-10-2024 07:00 via businessnews.com.au
  
  Digital infrastructure specialist Vocus will acquire TPG’s fixed business and fibre network assets for $5.25 billion, extending its network of international subsea cables beyond the WA coast.
  
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• Vocus to acquire TPG assets in $5.25bn deal

  14-10-2024 07:00 via businessnews.com.au
  
  Digital infrastructure specialist Vocus will acquire TPG’s fixed business and fibre network assets for $5.25 billion, extending its network of international subsea cables beyond the WA coast.
  
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• Vocus acquires TPG assets in $5.25bn deal

  14-10-2024 07:00 via businessnews.com.au
  
  Digital infrastructure specialist Vocus has acquired TPG’s fixed business and fibre network assets for $5.25 billion, extending its network of international subsea cables beyond the WA coast.
  
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• Raiden taps investors for $10m

  14-10-2024 06:12 via businessnews.com.au
  
  Victoria Park-based junior Raiden Resources has announced it will raise $10 million in order to accelerate drilling activities at its Andover South lithium project in the Pilbara.
  
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• Lifestyle Communities boss to retire months after allegation that properties are a 'financial prison'

  14-10-2024 06:09 via abc.net.au
  
  As shares in Lifestyle Communities continue to drop, company managing director James Kelly announces he will retire.
  
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• Gillam new Lendlease chairman

  14-10-2024 05:26 via businessnews.com.au
  
  Lendlease has appointed former Bunnings chief executive and 40under40 alumni John Gillam as its chairman, replacing Michael Ullmer.
  
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• BCA calls for housing approvals overhaul

  14-10-2024 04:34 via businessnews.com.au
  
  A report card monitoring the time it takes for local governments to approve new homes is among a swath of reforms called for the Business Council of Australia to address the housing crisis.
  
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• GenusPlus set to acquire Partum

  14-10-2024 04:33 via businessnews.com.au
  
  GenusPlus Group has signed a binding, conditional agreement to acquire Partum Engineering for up to $16 million – a week after creditors approved its proposed purchase of CommTel Network Solutions.
  
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• Govt plans defence housing in Rockingham

  14-10-2024 04:29 via businessnews.com.au
  
  More than 500 homes will be built for defence workers in Rockingham, as part of an agreement between Western Australian businesses and the federal government.
  
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• Chalice receives major project status

  14-10-2024 04:28 via businessnews.com.au
  
  Gonneville project developer Chalice Mining has notched major project status from the federal government, a month after gaining recognition from the state government.
  
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• Cancer ride raises over $10m

  14-10-2024 02:56 via businessnews.com.au
  
  Australia’s biggest charity bike ride has raised a record $10 million to fund cancer research at the Harry Perkins Institute of Medical Research.
  
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• BP interested in giant desal plant

  14-10-2024 02:45 via businessnews.com.au
  
  A $5-billion desalination plant mooted for a remote patch of Pilbara coastline has garnered interest from BP.
  
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• These seaside towns are perfect for families — except they're missing one thing

  14-10-2024 02:03 via abc.net.au
  
  In the lead-up to the state election, there have been renewed calls for a new high school to cater for the population boom along the Bundaberg coast.
  
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• Between a rock and a hard place

  14-10-2024 02:00 via businessnews.com.au
  
  The key ingredients to much of Perth’s development are becoming harder to extract, often due to regulation.
  
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• Record highs for US markets

  14-10-2024 01:46 via businessnews.com.au
  
  The S&P 500 and Dow scored record closing highs on Friday (Saturday morning WST) with the biggest boosts from financial stocks after banks reported strong quarterly results while the latest inflation data supported expectations for a US Federal Reserve rate cut in November.
  
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