Analyst news

• Kalgoorlie trucker to build goldmine haul road

  16-12-2024 23:32 via businessnews.com.au
  
  MLG Oz has won two contracts worth more than $80m for work at Evolution Mining and Norton Gold Fields sites.
  
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• Owner of $10 million fun park ordered to scrap 'unsafe' rides

  16-12-2024 22:51 via abc.net.au
  
  Granties Maze owner John Grant says he will fight a court order to dismantle dozens of rides at his NSW south coast attraction.
  
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• Former Nine boss Hugh Marks appointed ABC's new managing director

  16-12-2024 22:01 via abc.net.au
  
  Former Nine Entertainment chief executive Hugh Marks has been appointed as the new managing director of the ABC.
  
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• No-fault evictions leave NT renters at risk of homelessness

  16-12-2024 21:38 via abc.net.au
  
  Territorians are copping rent rises as high as 60 per cent while some are finding themselves on the street due to no-fault evictions and a lack of options for those doing it tough.
  
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• Live: Nasdaq, Bitcoin hit fresh records, ASX to dip

  16-12-2024 21:27 via abc.net.au
  
  The ASX may open lower, continuing a five-session losing streak. Wall Street resumes its rally. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX set for flat opening

  16-12-2024 21:27 via abc.net.au
  
  The ASX is looking to break a five-session losing streak as Wall Street resumes its rally. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX breaks losing run with solid gain — as it happened

  16-12-2024 21:27 via abc.net.au
  
  The ASX has finished the day 0.8 per cent higher, its first gain in a week. Here's how the day's trade unfolded, with insights from our business reporters, on the ABC News markets blog.
  
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• New $150m Kangaroo Island desal plant unable to connect to all households

  16-12-2024 21:04 via abc.net.au
  
  The desalination plant is meant to service American Beach, Baudin Beach, Island Beach and Sapphiretown, but some people in those areas have been told they cannot be connected. 
  
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• Australian wool production forecast to hit 100-year low

  16-12-2024 20:26 via abc.net.au
  
  Australia is a leading wool producer globally, but a new report predicts production will reach its lowest level in more than a century by mid-2025.
  
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• NSW's native forest logging industry ruled not 'economically viable'

  16-12-2024 20:05 via abc.net.au
  
  The NSW native logging industry is not "economically viable" and the state government should consider shutting it down after 2028 if its prospects do not improve, an independent economic regulator has recommended.
  
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• Sewage by-products used on farms contaminated with 'forever chemicals'

  16-12-2024 19:54 via abc.net.au
  
  A Sydney Water document reveals sewage by-products used in food production contain elevated levels of PFAS.
  
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• At Close of Business Podcast December 16 2024

  16-12-2024 08:56 via businessnews.com.au
  
  Isabel Vieira and Liv Declerck discuss a major funding boost for youth services. Plus; Defence spend creates jobs; $170 million Busselton project; ACCC fines Galati entities. 
  
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• Ten fall behind on state project list

  16-12-2024 08:28 via businessnews.com.au
  
  A Broome prison and emissions reduction reporting implementation are among 10 key projects the state has fallen behind on over the last year, a new progress report has revealed.
  
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• Feds give news media $153m lifeline

  16-12-2024 07:46 via businessnews.com.au
  
  The federal government has announced a $153.5 million funding package to keep legacy media alive, under its News Media Assistance Program.
  
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• Australian shares slip again with eyes on US rates call

  16-12-2024 07:30 via businessnews.com.au
  
  The ASX200 has slumped to another day of negative trading as the market waits for decisions by central banks on interest rates.
  
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• IGO gains stake in copper project

  16-12-2024 07:25 via businessnews.com.au
  
  Critical minerals miner IGO has taken up a majority stake in a copper project in northern Western Australia after pouring $15 million into exploration.
  
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• Arise flags $170m Busselton project

  16-12-2024 07:25 via businessnews.com.au
  
  Subiaco-based Arise Developments has proposed to build a $170 million shopping complex in Busselton, touted as the biggest large-format retail project outside the metropolitan area.
  
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• Economists warn RBA board changes risk delaying interest rate cut

  16-12-2024 07:17 via abc.net.au
  
  Economists are concerned that the Reserve Bank's overhaul could risk delaying interest rate relief for millions of mortgage borrowers.
  
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• Lindian gets US$50m Gerald backing

  16-12-2024 07:04 via businessnews.com.au
  
  Lindian Resources has secured a non-binding term sheet for US$50 million funding and an offtake agreement with Gerald Group for its Kangankunde Project.
  
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• Future-proofing against global shocks

  16-12-2024 07:00 via businessnews.com.au
  
  WA continues to outperform other key economic metrics despite its lagging GSP growth.
  
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• Trade challenges the focus for 2025

  16-12-2024 06:56 via businessnews.com.au
  
  OPINION: A second Trump presidency will increase volatility, but WA may find itself largely unaffected.
  
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• Benang builds diversified business

  16-12-2024 06:00 via businessnews.com.au
  
  Multi-disciplinary contractor Benang was named Indigenous Business of the Year for its strong and consistent growth.
  
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• Feds lag on AI plan

  16-12-2024 05:41 via businessnews.com.au
  
  The federal government says a plan to grow investment in AI will be released by the end of 2025, despite experts warning Australia is already falling behind in the AI race.
  
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• Defence spend creates 1,000 job leads

  16-12-2024 05:20 via businessnews.com.au
  
  Investment to the tune of $35 million in the state’s defence industry has led to around 1,000 opportunities for jobseekers to date, according to figures from a WA government report.
  
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• Public review for Fini’s Smiths Beach plan

  16-12-2024 03:56 via businessnews.com.au
  
  The EPA has referred Adrian Fini's Smiths Beach plan for a public review, in what could be the community's last chance to provide feedback on the $280 million proposal.
  
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• ASIC alleges HSBC failures

  16-12-2024 03:41 via businessnews.com.au
  
  The Australian Securities and Investment Commission has sued HSBC Bank Australia over what it described as “systemic and widespread” failures to protect customers from scams.
  
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• ACCC fines Galati over breaches

  16-12-2024 03:05 via businessnews.com.au
  
  The horticultural wholesale arm of Tony Galati’s empire has been fined $62,600 for four breaches of the Horticulture Code.
  
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• Activists, lobbyists fill nuclear probe

  16-12-2024 02:39 via businessnews.com.au
  
  OPINION: There is a curious absence of local voices presenting at this week’s federal inquiry into nuclear power generation public hearings.
  
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• Former bank exec among RBA appointments

  16-12-2024 02:21 via businessnews.com.au
  
  Treasurer Jim Chalmers has appointed a former banking executive and an economics professor to the Reserve Bank board, following a six-month review into monetary policy setting.
  
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• US stocks close flat as Nasdaq extends weekly gains

  16-12-2024 01:41 via businessnews.com.au
  
  Investors await US Fed's December 17-18 meeting; Indexes: Dow down 0.20 per cent, S&P 500 unchanged, Nasdaq up 0.12 per cent.
  
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• Funding to fast-track thousands more social homes

  16-12-2024 01:39 via businessnews.com.au
  
  An extra 5000 social homes will be built under a fast-tracked round of the federal government's Housing Australia Future Fund.
  
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• All smiles for DNTL Code

  16-12-2024 01:03 via businessnews.com.au
  
  A Broome-based dental clinic has won Regional Business of the Year for making strides in healthcare for the Kimberley community.
  
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• 'Wrong location' for $330m desal plant, traditional owners say

  16-12-2024 01:00 via abc.net.au
  
  Traditional owners express immense disappointment at the approval of Billy Lights Point as the site for a desalination plant in South Australia's Eyre Peninsula.
  
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• Long-term funds boost for youth

  16-12-2024 01:00 via businessnews.com.au
  
  zero2hero and Chevron join forces to support young people across the state.
  
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