Analyst news

• Abandoned outback mines sit lifeless, but renewable energy is reviving them. Here's how

  30-10-2024 23:25 via abc.net.au
  
  They can be an eyesore, but end-of-life mines in the outback prove to be an attractive prospect in an unlikely relationship. So how are renewable energy companies repurposing mine shafts to help decarbonise the region? 
  
  Read more

• Hancock, MinRes in $1.1bn gas deal

  30-10-2024 23:11 via businessnews.com.au
  
  Gina Rinehart’s Hancock Prospecting has struck a deal to buy Mineral Resources’ Perth Basin gas assets for up to $1.13 billion and pledged to accelerate their development.
  
  Read more

• Already facing Australia's highest net debt per capita, the NT's financial hole may still deepen

  30-10-2024 22:02 via abc.net.au
  
  NT Treasury officials are warning big spends on health and community safety could see the territory's eye-watering debt levels continue to blow-out.
  
  Read more

• Woolworths grilled by investors, as its rival Coles tells the market that inflation is coming down — as it happened

  30-10-2024 21:43 via abc.net.au
  
  Woolworths held its annual general meeting, Coles released a trading update, and the Australian share market traded slightly down as hopes for a pre-Christmas interest rate cut faded. Here is how the trading day unfolded on our business blog.
  
  Read more

• Advertisement

• Retailers welcome Halloween sugar hit as customers spend up on costumes

  30-10-2024 21:42 via abc.net.au
  
  One in five Australians will be celebrating Halloween this year, spending big on trick or treating supplies and costumes as celebrations continue to rise in popularity. 
  
  Read more

• 'RACQ has lost the plot': What's bedevilling one of Queensland's most high-profile companies?

  30-10-2024 20:37 via abc.net.au
  
  RACQ has suffered a massive complaints spike, as premiums triple and insurance claims are mishandled so badly that repair contractors robbed a customer.
  
  Read more

• Premium hikes, customer robbery and regulator concerns bedevilling RACQ insurance arm

  30-10-2024 20:37 via abc.net.au
  
  RACQ has suffered a massive complaints spike, as premiums triple and insurance claims are mishandled so badly that repair contractors robbed a customer.
  
  Read more

• Damien has already seen many colleagues close their restaurants, but says the next 12 months 'could be disastrous'

  30-10-2024 20:30 via abc.net.au
  
  An increasing number of Canberra restaurants are closing their doors, and the next 12 months is expected to get even worse.
  
  Read more

• Advertisement

• Albanese is facing pressure to explain his ties to ex-Qantas boss Alan Joyce, and it's revived an old decision

  30-10-2024 20:21 via abc.net.au
  
  The government's decision to block a Qantas competitor's bid to expand in Australia was never fully explained. It's back in the spotlight after new claims of Anthony Albanese's close relationship with former airline boss Alan Joyce.
  
  Read more

• It's a common osteoporosis drug – but some patients say they're not being warned enough about side effects

  30-10-2024 19:40 via abc.net.au
  
  Patients have told ABC NEWS they're concerned about a lack of informed consent over Australia's most common osteoporosis drug, and are sometimes "scared into" taking it. 
  
  Read more

• It's a common osteoporosis drug — but some patients say they're not being warned enough about side effects

  30-10-2024 19:40 via abc.net.au
  
  Patients have told ABC NEWS they're concerned about a lack of informed consent over Australia's most common osteoporosis drug, and are sometimes "scared into" taking it. 
  
  Read more

• International students caught between expensive private housing and 'unlivable' rentals

  30-10-2024 19:38 via abc.net.au
  
  Students coming into the country from overseas struggle to access accommodation, especially without rental and employment history, but housing developments near campuses have faced opposition from some councils and colleges, including Sydney's prestigious acting school NIDA.
  
  Read more

• 'Cash cows milked by the system': International students on the frontline of housing crisis

  30-10-2024 19:38 via abc.net.au
  
  Students coming into the country from overseas struggle to access accommodation, especially without rental and employment history, but housing developments near campuses have faced opposition from some councils and colleges, including Sydney's prestigious acting school NIDA.
  
  Read more

• 'Cash cows milked by the system': International students on the front line of housing crisis

  30-10-2024 19:38 via abc.net.au
  
  Students coming into the country from overseas struggle to access accommodation, especially without rental and employment history, but housing developments near campuses have faced opposition from some councils and colleges, including Sydney's prestigious acting school NIDA.
  
  Read more

• Woolworths faces financial risk over potential 'extinction event', activist shareholders tell AGM

  30-10-2024 19:22 via abc.net.au
  
  The board of Woolworths has urged shareholders to vote against a motion calling on the company to no longer procure salmon from the last known refuge of the endangered Maugean skate.
  
  Read more

• The battle to save an endangered species has ended up on the agenda at Woolworths’ AGM

  30-10-2024 19:22 via abc.net.au
  
  The board of Woolworths has urged shareholders to vote against a motion calling on the company to no longer procure salmon from the last known refuge of the endangered Maugean skate.
  
  Read more

• Activists fail in bid to stop Woolworths sourcing farmed salmon from Tasmania's Macquarie Harbour

  30-10-2024 19:22 via abc.net.au
  
  Shareholder activists have failed in their bid to stop Woolworths sourcing farmed salmon from a Tasmanian harbour that is home to an endangered marine species.
  
  Read more

• ABN Group posts $43m profit

  30-10-2024 18:00 via businessnews.com.au
  
  The result reflects a stark turnaround for the Dale Alcock-led builder, representing an $85.8m recovery since 2022.
  
  Read more

• Wetzler and Sharks mutually part ways

  30-10-2024 11:15 via businessnews.com.au
  
  The East Fremantle Football Club has announced the departure of chief executive Addy Wetzler, effective immediately.
  
  Read more

• Shire calls for North Stoneville reversal

  30-10-2024 09:04 via businessnews.com.au
  
  The Shire of Mundaring has called on the federal government to overturn its environmental approval of Satterley Property Group’s North Stoneville proposal.
  
  Read more

• At Close of Business podcast October 30 2024

  30-10-2024 08:52 via businessnews.com.au
  
  Nadia Budihardjo and Tom Zaunmayr discuss WA's biggest exporters.
  
  Read more

• Vic Park heritage hub construction starts

  30-10-2024 08:50 via businessnews.com.au
  
  The state government and Blackoak Capital have officially marked the start of the Edward Millen precinct redevelopment, which has been estimated to cost more than $20 million.
  
  Read more

• Liontown quashes mine closure talks

  30-10-2024 08:28 via businessnews.com.au
  
  Liontown boss Tony Ottaviano has battered away speculation that the company was the next cab off the rank in scaling back its battery metals operations amid weak prices.
  
  Read more

• Revo funding exceeds $65k target

  30-10-2024 08:04 via businessnews.com.au
  
  Revo Fitness and Lifeline WA have teamed up to raise $77,430 for Lifeline WA’s 24-hour crisis support and suicide prevention services.
  
  Read more

• Australian shares lower as rate drop hopes pushed back

  30-10-2024 07:48 via businessnews.com.au
  
  The ASX200 finished 0.8 per cent lower after a fall in headline inflation to within the Reserve Bank's target range failed to impress investors.
  
  Read more

• Transparency needed in state agreements

  30-10-2024 07:44 via businessnews.com.au
  
  The WA government is yet to enshrine transparency in its state agreements with companies, despite being urged to do so two decades ago.
  
  Read more

• Southern Cross University cuts all creative arts programs amid declining demand

  30-10-2024 07:41 via abc.net.au
  
  A university has announced the "tough decision" to drop its creative arts programs despite being based in a region renowned for its arts and culture.
  
  Read more

• Wool business lists on ASX

  30-10-2024 07:15 via businessnews.com.au
  
  Clothing manufacturer Merino & Co has joined the ASX, ringing the bell to open trading as one of rare cohort of Perth-based companies to take the IPO journey this year.
  
  Read more

• Patronage provides best buy-in

  30-10-2024 07:00 via businessnews.com.au
  
  OPINION: Supporting local startups with your custom is an easy way to help them on their business journey.
  
  Read more

• Capricorn taps investors for $200m

  30-10-2024 07:00 via businessnews.com.au
  
  A day after announcing its board had approved expansion for its flagship Karlawinda gold project, West Perth-based Capricorn Metals has launched a $200 million capital raise.
  
  Read more

• Perth Airport, Accor flags hotel plan

  30-10-2024 06:14 via businessnews.com.au
  
  International group Accor has been chosen to operate Perth Airport’s first hotel on its estate, estimated to open in 2027.
  
  Read more

• Perth Airport, Accor flag hotel plan

  30-10-2024 06:14 via businessnews.com.au
  
  International group Accor has been chosen to operate Perth Airport’s first hotel on its estate, estimated to open in 2027.
  
  Read more

• Pilbara Minerals shelves smaller processing plant

  30-10-2024 05:51 via businessnews.com.au
  
  Pilbara Minerals will mothball one of its processing plants and pause the construction of a mid-stream project as it tightens its belt amid languish lithium market conditions.
  
  Read more

• Pilbara Minerals shelves processing plant

  30-10-2024 05:51 via businessnews.com.au
  
  Pilbara Minerals will mothball one of its processing plants and pause the construction of a mid-stream project as it tightens its belt amid languish lithium market conditions.
  
  Read more

• 'Short video king': TikTok founder becomes China's richest person

  30-10-2024 05:49 via abc.net.au
  
  Zhang Yiming, 41, topped the Hurun China Rich List with a personal wealth of around $75 billion, but China has lost a third of its billionaires since its peak in 2021.
  
  Read more

• China's new richest man is wealthier than 90 countries

  30-10-2024 05:49 via abc.net.au
  
  Zhang Yiming, 41, topped the Hurun China Rich List with a personal wealth of around $75 billion, but China has lost a third of its billionaires since its peak in 2021.
  
  Read more

• Record renewable growth, AEMO finds

  30-10-2024 05:45 via businessnews.com.au
  
  There has been a record contribution of renewables in Australia with an uptick in solar, wind, and battery generation in the state, a report by the Australian Energy Market Operator shows.
  
  Read more

• Bullsbrook land sells for $30m

  30-10-2024 05:34 via businessnews.com.au
  
  Victorian property players Wolfdene and Oreana Group have acquired a 72ha parcel of land north of Ellenbrook, with a view to developing a $300 million project.
  
  Read more

• BHP to test electric Hilux

  30-10-2024 05:34 via businessnews.com.au
  
  Australia’s biggest miner will put a battery version of Australia’s most popular ute through its paces at the world’s largest bulk export port.
  
  Read more

• Annual inflation falls to 2.8pc

  30-10-2024 04:24 via businessnews.com.au
  
  Annual inflation has returned to within the Reserve Bank’s target band for the first time since 2021, but experts say energy and rent assistance measures were hiding the true figure.
  
  Read more

• Gold Road production on schedule

  30-10-2024 03:53 via businessnews.com.au
  
  Gold Road’s previously revised 2024 annual guidance of 290,000-305,000 ounces of gold has been maintained, due to improved production during the September quarter.
  
  Read more

• Wife pays tribute to 'my best friend in the world' after husband killed in midair collision

  30-10-2024 03:37 via abc.net.au
  
  The family of 29-year-old pilot Jake Anastas have described him as someone who "made everything brighter".
   
  
  Read more

• 'My best friend': Third person killed after two light planes crashed over Sydney identified as wife pays tribute

  30-10-2024 03:37 via abc.net.au
  
  The family of 29-year-old pilot Jake Anastas have described him as someone who "made everything brighter".
   
  
  Read more

• Clive Palmer stokes feud with Quigley

  30-10-2024 02:43 via businessnews.com.au
  
  Clive Palmer has resumed his war of words with Attorney General John Quigley after he detailed the measures taken to keep plans to amend a state agreement quiet.
  
  Read more

• Old Young’s major gin venue reveal

  30-10-2024 02:14 via businessnews.com.au
  
  Old Young’s Distillery has announced plans to build a venue in the Swan Valley, estimated to cost about $30 million, and launched a crowdfunding campaign to fund the project.
  
  Read more

• Old Young’s Distillery $30m venue reveal

  30-10-2024 02:14 via businessnews.com.au
  
  Old Young’s Distillery has announced plans to build a venue in the Swan Valley, estimated to cost about $30 million, and launched a crowdfunding campaign to fund the project.
  
  Read more

• Blow to record export era

  30-10-2024 01:50 via businessnews.com.au
  
  After several barnstorming years for the commodity markets that fuel WA’s economy, headwinds buffeting most sectors are growing.
  
  Read more

• Acciona tried to buy out Rockingham investors

  30-10-2024 01:43 via businessnews.com.au
  
  Acciona has lambasted the decision to place a waste-to-energy plant in administration, launched a $200 million lawsuit and revealed it attempted to buy out the other investors.
  
  Read more

• Price pressures easing off as inflation hits 3.5-year low

  30-10-2024 01:41 via abc.net.au
  
  Prices rose by 0.2 per cent in the September quarter, according to the ABS, compared to the 1 per cent rise in the three months through June. Underlying inflation remains above the Reserve Bank's target.
  
  Read more

• Price pressures easing off as Australia's annual inflation rate falls to 2.8 per cent

  30-10-2024 01:41 via abc.net.au
  
  Prices rose by 0.2 per cent in the September quarter, according to the ABS, compared to the 1 per cent rise in the three months through June. Underlying inflation remains above the Reserve Bank's target.
  
  Read more

Follow @Analyst_News_AU on Twitter!