Analyst news

• Live: Premier Investments and Myer shares slump, ASX higher

  13-01-2025 22:00 via abc.net.au
  
  The fallout from weak sales updates from retailers Premier and Myer continues. The Australian share market recovers some ground after Monday's heavy selling. Follow the trading day live.
  
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• Live: ASX to recover, Nasdaq sinks as Nvidia leads Wall Street's tech sell-off

  13-01-2025 22:00 via abc.net.au
  
  The ASX is likely to recover some of yesterday's heavy losses, the Australian dollar continues to hover near a five-year low of 61.5 US cents, while the Nasdaq sinks after a sharp fall in tech stocks like Nvidia and Meta. Follow live.
  
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• Live: ASX opens higher, Nasdaq sinks as Nvidia leads Wall Street's tech sell-off

  13-01-2025 22:00 via abc.net.au
  
  The ASX recovers some of yesterday's heavy losses, the Australian dollar continues to hover near a five-year low, while the Nasdaq sinks after a sharp fall in tech stocks like Nvidia and Meta. Follow live.
  
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• ASX higher, Star rebounds as Macau investor builds stake — as it happened

  13-01-2025 22:00 via abc.net.au
  
  The ASX picks up ground, while Star Entertainment gains on the growing stake being accumulated by a mysterious Macau-based investor. This is how the trading day unfolded.
  
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• Townsville welcomes famous cruise ship to 'embarrassing' CBD

  13-01-2025 20:44 via abc.net.au
  
  The Queen Elizabeth's arrival has been made possible by a major port expansion but business owners fear the state of the CBD will leave its 2,000 passengers with a sour taste.
  
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• Townsville to welcome biggest-ever cruise ship to 'embarrassing' CBD

  13-01-2025 20:44 via abc.net.au
  
  The Queen Elizabeth's arrival has been made possible by a major port expansion but business owners fear the state of the CBD will leave its 2,000 passengers with a sour taste.
  
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• 'No steelworks, no town': Whyalla's fight for a future

  13-01-2025 20:27 via abc.net.au
  
  While the steelmaking city of Whyalla is no stranger to struggle, the latest crisis is taking a severe toll on the population, who very much want to continue making steel for Australia but say they are "sick of having to be resilient".
  
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• In Australia's iron triangle, the steelmaking city is battling to survive

  13-01-2025 20:27 via abc.net.au
  
  While the steelmaking city of Whyalla is no stranger to struggle, the latest crisis is taking a severe toll on the population, who very much want to continue making steel for Australia but say they are "sick of having to be resilient".
  
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• Could high coffee prices trigger a boom for Aussie growers?

  13-01-2025 20:19 via abc.net.au
  
  Bad weather in key coffee producing countries has sent the price of beans soaring but Australian growers say capitalising on gaps in the market will be difficult.
  
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• Australian coffee growers struggle to capitalise as bean price soars

  13-01-2025 20:19 via abc.net.au
  
  Bad weather in key coffee producing countries has sent the price of beans soaring but Australian growers say capitalising on gaps in the market will be difficult.
  
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• Couple who ditched contents insurance after shock bill lose house in fire

  13-01-2025 19:55 via abc.net.au
  
  Stuart and Vikki Guy say they had recently cancelled contents insurance after their home and contents bill went from $1,800 to $6,000.
  
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• Odds of collapse for casino operator Star are shortening

  13-01-2025 19:52 via abc.net.au
  
  At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of Australia's biggest casino operators. How did the company get to this point?
  
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• Casino operator Star 'on its knees' as analyst predicts collapse

  13-01-2025 19:52 via abc.net.au
  
  At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of Australia's biggest casino operators. How did the company get to this point?
  
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• UK PM lays out bid to become AI 'world leader', starting with civil servants

  13-01-2025 14:12 via abc.net.au
  
  British Prime Minister Keir Starmer hopes to use AI to boost efficiency in the public sector from education to detecting potholes.
  
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• Broken Hill mine fire re-ignites, locals warned of possible toxic smoke

  13-01-2025 12:05 via abc.net.au
  
  An underground fire at a Chinese-owned mine in Broken Hill re-ignites and spreads to multiple levels, as nearby residents are warned to stay inside for their safety.
  
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• Star Entertainment will be 'lucky' to make it to February, analysts say

  13-01-2025 09:19 via abc.net.au
  
  Star Entertainment has burned through $107 million in the past three months alone, with analysts warning they would be "lucky" to make it to February "without a lifeline".
  
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• Star casinos likely to stay open if company enters administration, analysts say

  13-01-2025 09:19 via abc.net.au
  
  Star Entertainment has burned through $107 million in the past three months alone, with analysts warning they would be "lucky" to make it to February "without a lifeline".
  
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• Aussie shares, dollar slide as US rate-cut odds dim

  13-01-2025 08:57 via businessnews.com.au
  
  The ASX200 fell 1.2 per cent and the dollar hit a nearly five-year low after a strong US jobs report lowered expectations for quick rate cuts.
  
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• At Close of Business Podcast January 13 2025

  13-01-2025 08:53 via businessnews.com.au
  
  Civmec has pushed back the deadline of its deal for Luerssen Australia by six months; Julie Bishop takes on new adviser role and an Albany tourism development put on ice.
  
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• Albany resort on ice

  13-01-2025 08:13 via businessnews.com.au
  
  A $5 million plan by tourism identity Paul King has been mothballed, with the developer citing “unworkable conditions”.
  
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• Pointerra receives $US2m contract extension

  13-01-2025 07:35 via businessnews.com.au
  
  Perth-based 3D data business Pointerra has secured an additional $US2 million contract extension from the US Department of Energy.
  
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• Bishop lends expertise to Greenland developer

  13-01-2025 07:11 via businessnews.com.au
  
  The challenging geostrategic elements of Energy Transition Minerals' Greenland project amid Donald Trump’s renewed interest in the island is what attracted Julie Bishop to her new role.
  
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• Silica sand sails from southern seaport

  13-01-2025 07:09 via businessnews.com.au
  
  A sand miner constrained by port infrastructure woes in Kwinana last year has shipped its first cargo from Bunbury.
  
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• Oceania buys Perth mall building

  13-01-2025 07:06 via businessnews.com.au
  
  The Indonesian-backed investment group has added to its portfolio of CBD properties, buying the asset from Jeff Leach.
  
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• St Barbara slides on production issues

  13-01-2025 04:46 via businessnews.com.au
  
  St Barbara shares fell sharply this morning, after the Perth headquartered goldminer revealed lower than expected production from its Simberi mine in Papua New Guinea.
  
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• Residents complain of internet outages as operator put 'on notice'

  13-01-2025 04:37 via abc.net.au
  
  An internet wholesaler says copper vandals are to blame for a string of lengthy dropouts lasting up to 36 hours, but residents argue providers should have backup to keep networks connected. 
  
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• Internet operator 'on notice' over repeated lengthy outages in Cairns

  13-01-2025 04:37 via abc.net.au
  
  An internet wholesaler says copper vandals are to blame for a string of lengthy dropouts lasting up to 36 hours, but residents argue providers should have backup to keep networks connected. 
  
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• Civmec-Luerssen deal delayed

  13-01-2025 03:58 via businessnews.com.au
  
  Civmec has pushed back the deadline of its deal for Luerssen Australia by six months but will accelerate its efforts to integrate its shipbuilding operations while the acquisition is finalised.
  
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• Crewmates 'very troubled' as worker still missing from Rio Tinto ship

  13-01-2025 03:26 via abc.net.au
  
  Questions remain over the disappearance of 44-year-old Filipino deck fitter Gel Aguaviva, who went missing on board the RTM Zheng He on Boxing Day.
  
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• Pilbara manganese project approved

  13-01-2025 02:54 via businessnews.com.au
  
  A US-backed Pilbara manganese company is on the cusp of tripling the capacity of its mine to process minerals destined for America’s largest vehicle maker.Element 25 on Monday gained regulatory approval from the state government to expand its Butcherbird mine south of Newman.
  
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• 'Obscenely expensive' wholesale gas prices driving manufacturing offshore

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Manufacturers call for gas exporters to be reined in as energy costs triple

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Could an east coast gas reservation scheme bring down energy prices?

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Myer shares down following trading update

  13-01-2025 01:11 via businessnews.com.au
  
  Shares in department store Myer were sold off early on Monday morning, following a production update to the market.
  
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• Dutton pledges to rein in gov spending

  13-01-2025 00:42 via businessnews.com.au
  
  Peter Dutton has made a personal pitch to voters and promised to rein in government spending at the coalition's first campaign rally ahead of the federal election.
  
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• Dutton pledges to reign in gov spending

  13-01-2025 00:42 via businessnews.com.au
  
  Peter Dutton has made a personal pitch to voters and promised to rein in government spending at the coalition's first campaign rally ahead of the federal election.
  
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• One in 16 WA GPs bulk bill

  13-01-2025 00:30 via businessnews.com.au
  
  Bulk billing availability in WA has again declined, with a mere one in 16 WA GP clinics offering bulk billing in 2025, down from one in 10 last year, and one in five the year prior.
  
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