Analyst news

• Business owners struggle for signal after Telstra shuts off 3G network

  05-12-2024 23:16 via abc.net.au
  
  Greg Ross is familiar with the view from outside his Queensland home because it is the only place he can receive a call. 
  
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• Business News wins two awards

  05-12-2024 23:00 via businessnews.com.au
  
  Business News journalists have won two awards this week in recognition of their coverage of architecture and sports in Western Australia.
  
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• People could soon drink alcohol on top of Brisbane's Story Bridge and some residents are furious

  05-12-2024 22:30 via abc.net.au
  
  Tourists could soon be able to drink alcohol on top of Brisbane’s Story Bridge as part of a proposal that has enraged nearby residents.
  
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• Wool industry looks to ease sovereign risk as it eyes return of onshore processing

  05-12-2024 21:26 via abc.net.au
  
  A wool processing plant run entirely from renewable energy is being touted as a blueprint for the future of the industry in Australia.
  
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• Bitcoin price volatile after hitting record, ASX closes in the red — as it happened

  05-12-2024 21:17 via abc.net.au
  
  It's a wild ride for crypto prices, with volatility for Bitcoin after it surpassed $US100,000. The local share market slid at the close, while Woolworths attempted to end strike action affecting its supply chain. The day's events and insights as they happened.
  
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• Copper thieves destroy major sporting ground power supply as high metal price drives crime rise

  05-12-2024 20:53 via abc.net.au
  
  Five sporting clubs are the latest victims of the rising crime of copper theft, with the removal of 400 metres of copper wiring destroying a popular recreation reserve's power supply.
  
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• NSW Strata Commissioner John Minns cleared of misconduct following Four Corners investigation

  05-12-2024 20:15 via abc.net.au
  
  Following a three-month external review, the NSW government found there was no basis to proceed with misconduct proceedings against John Minns.
  
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• NSW strata commissioner cleared of misconduct but quits role after 'urgent review'

  05-12-2024 20:15 via abc.net.au
  
  Following a three-month external review, the NSW government found there was no basis to proceed with misconduct proceedings against John Minns.
  
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• Consumer advocates call for new rating system to fight appliance 'greenwashing'

  05-12-2024 19:56 via abc.net.au
  
  Your washing machine may not use much energy, but how long will it last and can it be fixed easily if it breaks? Advocates say knowing the answers to those questions could help buyers see through deceptive marketing.
  
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• Sick people are waiting longer in public hospital emergency departments, but less time for elective surgery

  05-12-2024 19:41 via abc.net.au
  
  According to data from the Australian Institute of Health and Welfare, patients are waiting longer in public emergency departments to see a doctor. 
  
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• Regional town banks have been closing their doors in droves — one solution could see customers paying more

  05-12-2024 19:39 via abc.net.au
  
  The federal government is in secret talks with the banking sector, which could see a levy imposed on banks with little or no regional presence.
  
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• Would you sleep on a recycled bed? An Australian-first design could change the way the world sleeps

  05-12-2024 19:09 via abc.net.au
  
  Beds built in Melbourne using 100 per cent recycled plastic are now being trialled, and could have long-term impacts for plastic waste.
  
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• Board changes for exploration trio

  05-12-2024 09:06 via businessnews.com.au
  
  Three Western Australian exploration companies – Leo Lithium, Artemis Resources and Minerals 260 – have announced a series of new board appointments.
  
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• Aussie shares higher amid hopes for third US rate cut

  05-12-2024 08:44 via businessnews.com.au
  
  The ASX200 finished up as bitcoin smashed through the $US100,000 mark for the first time and markets took a lead on possible rate cuts in the US.
  
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• At Close of Business podcast December 5 2024

  05-12-2024 08:44 via businessnews.com.au
  
  Mark Beyer and Nadia Budihardjo discuss e-waste recycling in the state.
  
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• Australia’s trade balance in recovery

  05-12-2024 08:36 via businessnews.com.au
  
  Australia’s trade surplus has reached its highest level in six months, but economists are holding their breath ahead of Trump’s second term.
  
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• CPC secures $24m gold work

  05-12-2024 08:28 via businessnews.com.au
  
  West Perth contractor CPC Engineering has secured two new contracts in the red-hot gold sector, bringing in $24 million worth of new work with AngloGold Ashanti and Capricorn Metals.
  
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• Offshore wind projects peter out

  05-12-2024 08:27 via businessnews.com.au
  
  Major global companies are walking away from opportunities to build offshore wind farms near Bunbury as the federal government extends the period for applications for a second time.
  
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• $15m injection for venture capital funds

  05-12-2024 08:20 via businessnews.com.au
  
  The state government will invest a further $15 million in encouraging venture capital firms to invest in WA-based startup businesses.
  
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• SLR snaps up Element Advisory

  05-12-2024 08:11 via businessnews.com.au
  
  The takeover marks the end of an era for the town planning company, established in Perth more than three decades ago.
  
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• New leadership for Kmart, WesCEF

  05-12-2024 08:06 via businessnews.com.au
  
  Wesfarmers-owned Kmart Group has announced the resignation of managing director Ian Bailey after 19 years, with chief financial officer Aleksandra Spaseska to step up to the role in April 2025.
  
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• Titan to raise $20m

  05-12-2024 08:00 via businessnews.com.au
  
  Subiaco-based junior Titan Minerals plans to raise $20 million in a bid to continue its project growth in Ecuador.
  
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• Global investigation dismantles alleged billion-dollar money laundering scheme linked to rich Russians and cybercriminals

  05-12-2024 07:09 via abc.net.au
  
  An international investigation exposes an alleged Russian billion-dollar money laundering network whose reach is said to have spanned more than 30 countries.
  
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• An alleged billion-dollar Russian money laundering network spanning more than 30 countries has been exposed

  05-12-2024 07:09 via abc.net.au
  
  An international investigation exposes an alleged Russian billion-dollar money laundering network whose reach is said to have spanned more than 30 countries.
  
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• Impressive Deep Woods bunch no mystery

  05-12-2024 07:00 via businessnews.com.au
  
  REVIEW: The hits keep coming from Deep Woods, which is patiently perfecting a special 2025 release.
  
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• Builder of defective Darwin homes loses appeal, still owes more than $2.7m to homeowners

  05-12-2024 06:48 via abc.net.au
  
  The homes in Bellamack were found to be riddled with defects such as water leaks and cracked tiles, making them unsafe during severe weather.
  
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• BHP to expand power plant

  05-12-2024 06:09 via businessnews.com.au
  
  The expansion of a gas station powering BHP’s Pilbara iron ore mines has been green lit by the state’s environmental watchdog.
  
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• 'Making America Greater than Ever Before': Bitcoin breaks $US100,000 for the first time, pumped up by Trump

  05-12-2024 05:45 via abc.net.au
  
  Cryptocurrency Bitcoin breaks through the $US100,000 barrier for the first time, after a surge in value this year on the increasing promise of a Donald Trump presidency and a recent spike on its realisation.
  
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• Bitcoin breaks $US100,000 for the first time, pumped by Trump

  05-12-2024 05:45 via abc.net.au
  
  Cryptocurrency Bitcoin breaks through the $US100,000 barrier for the first time, after a surge in value this year on the increasing promise of a Donald Trump presidency and a recent spike on its realisation.
  
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• Catalyst clears debt amid WA gold flurry

  05-12-2024 05:43 via businessnews.com.au
  
  Goldminer Catalyst Metals has cleared $36 million worth of inherited debt, riding the wave of gold price momentum which has led to a flurry of activity in the sector this week.
  
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• Nedlands cafés sold for $2.3m

  05-12-2024 05:32 via businessnews.com.au
  
  The building that contains Kith Eatery and Little Abbey Café has sold to a local investor.
  
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• Nedlands cafés sold for $2.3 million

  05-12-2024 05:32 via businessnews.com.au
  
  The building that contains Kith Eatery and Little Abbey Café has sold to a local investor.
  
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• Billson's Brewery thrown a lifeline after creditors vote on drinks company's future

  05-12-2024 05:02 via abc.net.au
  
  A well-known drinks company that operates out of a 159-year-old brewery in regional Victoria avoids liquidation after going into administration earlier this year.
  
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• Spirit of the Mediterranean? Spirit of New Zealand? Leasing new ship proving harder than anticipated

  05-12-2024 05:00 via abc.net.au
  
  As a new Spirit of Tasmania vessel sits in storage in Scotland, its operator is "urgently" trying to find someone to lease it to in Europe. Interest from New Zealand has been ruled out, while a new Sydney service has been considered.
  
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• Large number of Americans' metadata stolen by Chinese hacking group Salt Typhoon, US officials say

  05-12-2024 04:30 via abc.net.au
  
  A large number of Americans' data has been stolen in a telecoms attack allegedly carried out by a Chinese hacking group dubbed "Salt Typhoon," and according to one senator, the extent and depth of the hack is "absolutely mind-boggling".
  
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• BHP boss warns bad environmental laws will hurt Australia's ability to seize 'greatest industrial shift in history'

  05-12-2024 04:17 via abc.net.au
  
  Global mining giants are urging the federal government to push ahead with a promised overhaul of environmental laws, after the prime minister shut down Senate negotiations.
  
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• Lithium company Lepidico in administration

  05-12-2024 04:00 via businessnews.com.au
  
  West Perth-based lithium explorer Lepidico has called in administrators from KordaMentha, who intend to start a sale or recapitalisation of the business soon.
  
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• Larvotto taps investors for $30m

  05-12-2024 03:57 via businessnews.com.au
  
  Larvotto Resources has announced plans to raise $30 million in order to advance its Hillgrove antimony-gold project in New South Wales.
  
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• Projects tackle e-waste challenge

  05-12-2024 03:20 via businessnews.com.au
  
  A ban on electronic waste going to landfill has spurred investment in multiple projects to boost collection and processing.
  
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• Woodside revises Louisiana contract

  05-12-2024 03:19 via businessnews.com.au
  
  Woodside has revised its engineering, procurement and construction contract to Bechtel to develop the first three trains at its Louisiana LNG project in the United States.
  
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• Fenix boosts Iron Ridge resource

  05-12-2024 03:02 via businessnews.com.au
  
  Mid West iron ore miner Fenix Resources’ flagship mine has more than doubled in size in a move which should breathe years of extra life into the high-grade deposit.
  
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• Some of Australia's favourite comedians are without local representation after management goes insolvent

  05-12-2024 02:15 via abc.net.au
  
  Sydney-based management company The Junkyard, run by Craig Ivanoff, has stranded dozens of comedians without representation, just weeks before comedy festival season kicks off.
  
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• Spartan hopeful raise brings success

  05-12-2024 01:33 via businessnews.com.au
  
  Spartan Resources interim executive chair Simon Lawson says the company’s $220 million capital raise will ensure it remains on course for a potential positive FID at Dalgaranga next year.
  
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