Analyst news

• 'Sacrificial community' pushes back against $1.5b waste incinerator

  14-05-2025 23:51 via abc.net.au
  
  The facility proposed for Parkes could turn 600,000 tonnes of waste into energy each year, but residents fear it may have dangerous health consequences.
  
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• Rate cut expectations stay high, ASX flat despite jobs surge — as it happened

  14-05-2025 23:41 via abc.net.au
  
  Markets are still almost certain of an interest rate cut next Tuesday, and three by the end of the year, despite a shock 89,000 increase in employment. The ASX closed broadly flat as financial sector gains more than offset mining and energy losses.
  
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• Australian underwater AI drones could soon bolster UK naval surveillance

  14-05-2025 22:45 via abc.net.au
  
  The drone was demonstrated at HM Naval Base Portsmouth over the weekend in front of the Royal Navy's fleet commander.
  
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• Should government pay for business woes over Sydney's light rail?

  14-05-2025 22:27 via abc.net.au
  
  With light rails under construction around the nation, the case brought by Sydney businesses against Transport for NSW in the High Court today could set a precedent for compensation claims. 
  
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• Nut farmers crack business woes with online success

  14-05-2025 21:26 via abc.net.au
  
  A family-run Tasmanian hazelnut farm that was reluctantly put up for sale last year has not only survived but thrived thanks to finding a market online.
  
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• On this island the birds are so full of plastic they crunch

  14-05-2025 20:58 via abc.net.au
  
  It's an exclusive tourist destination and one of the most pristine places on the planet. It's the last place you would expect to find birds with bellies so full of plastic that they crunch if you squeeze them.
  
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• On a pristine Australian island the birds are so full of plastic they crunch

  14-05-2025 20:58 via abc.net.au
  
  It's an exclusive tourist destination and one of the most pristine places on the planet. It's the last place you would expect to find birds with bellies so full of plastic that they crunch if you squeeze them.
  
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• Mortgage wars are heating up ahead of Reserve Bank meeting

  14-05-2025 20:55 via abc.net.au
  
  Lenders are cutting fixed and variable rates in an attempt to attract customers ahead of a widely anticipated Reserve Bank meeting next week, when the official cash rate is expected to be cut. 
  
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• China sends 'loud and clear' warning over US-UK trade agreement

  14-05-2025 20:50 via abc.net.au
  
  The first trade deal struck following Donald Trump's tariff regime has drawn criticism from Beijing, which experts say is also a warning to other countries.
  
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• Shoplifters raid this pharmacy ‘daily’, but police are too busy to act

  14-05-2025 12:35 via abc.net.au
  
  Every morning when Chris Lawler opens the doors of his Canberran pharmacy, he knows some of the customers won’t be coming to purchase, but to steal. A new online portal offers hope things might get better.
  
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• Fortescue cuts 90 green hydrogen jobs

  14-05-2025 10:56 via abc.net.au
  
  Billionaire Andrew Forrest’s company says it needs to find more cost-effective ways to produce hydrogen at scale.
  
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• Ferguson concerned by influencers who accept payment from politicians

  14-05-2025 10:30 via abc.net.au
  
  Political commentator Hannah Ferguson also told the National Press Club of her intention to seek a Senate seat at the next federal election.
  
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• Exxaro becomes largest Jupiter shareholder

  14-05-2025 10:00 via businessnews.com.au
  
  Johannesburg-listed Exxaro Resources is set to become the largest shareholder of Perth-based Jupiter Mines, following the execution of a binding agreement between both companies.
  
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• At Close of Business podcast May 14 2025

  14-05-2025 09:55 via businessnews.com.au
  
  Nadia Budihardjo and Elisha Newell discuss why WA distillers are feeling the hangover of the spirits excise tax.
  
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• Aussie shares edge higher for sixth session of gains

  14-05-2025 09:54 via businessnews.com.au
  
  The Australian share market has made modest gains to post its highest close in 11 weeks.
  
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• Anthony Albanese in Perth stopover before first international visit

  14-05-2025 09:50 via businessnews.com.au
  
  Prime Minister Anthony Albanese has made a whistle-stop visit to Perth on his way to Indonesia, joined by some of Western Australia's newly elected federal members.
  
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• Chinese investors controlled collapsed mining company's finances, court hears

  14-05-2025 09:34 via abc.net.au
  
  A former Queensland mine operator is contesting allegations he failed to comply with a series of environmental requirements before the company he worked for collapsed.
  
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• St John of God scraps family centre from $311m Subiaco hospital project

  14-05-2025 09:08 via businessnews.com.au
  
  St John of God has scrapped a proposed birthing unit from its $311 million expansion of the Subiaco hospital, with the new building to be two levels shorter than what was approved.
  
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• Alcoa cuts down Darling Range disturbance, haul road plan changed

  14-05-2025 08:45 via businessnews.com.au
  
  Previously unidentified environmental and cultural factors have led Alcoa to reassess proposed haul roads at its Darling Range mines in an amended, lower disturbance mine plan.
  
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• Whyalla Steelworks administrator spends $100m improving site

  14-05-2025 08:21 via abc.net.au
  
  KordaMentha says it has spent $100 million since it was appointed administrator in February, and workers and the union say they have already seen a difference at the site. 
  
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• Companies owed money by Whyalla Ports fear debts will never be paid

  14-05-2025 08:21 via abc.net.au
  
  The legal tug of war over the Whyalla steelworks port ownership leaves companies owed significant debts by the former owners nervous as to whether they will ever see the money.
  
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• Opinion: Survival of the carbon fittest

  14-05-2025 07:50 via businessnews.com.au
  
  OPINION: Recent local research has found a correlation between good carbon management and profitability in business.
  
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• ASIC sues Macquarie over decade of short sale errors

  14-05-2025 07:48 via businessnews.com.au
  
  ASIC is suing Macquarie Securities for misreporting millions of short sales over 14 years, marking the regulator’s first case on short sale reporting.
  
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• Green light for $49m City Beach retirement village and apartments

  14-05-2025 07:41 via businessnews.com.au
  
  A $49 million retirement village and apartment project in City Beach has been approved after the committee presiding member used her casting vote to break a deadlock.
  
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• Tivan confirms leadership group

  14-05-2025 07:00 via businessnews.com.au
  
  On the back of securing funding deals to further develop its Speewah fluorite project in the East Kimberley, ASX-listed Tivan has officially confirmed its new leadership team.
  
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• Core backs 20-year Finniss revival

  14-05-2025 07:00 via businessnews.com.au
  
  A long-awaited restart study for Core’s Finniss lithium camp lauds a 20-year mine life and major cost reductions.
  
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• Committee approves Locus’ $80m Sorrento apartments plan

  14-05-2025 06:07 via businessnews.com.au
  
  Locus Property will build an $80 million apartment project in Sorrento after a state government committee gave the green light.
  
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• Willetton neighbourhood centre in $5m sale

  14-05-2025 05:13 via businessnews.com.au
  
  A local family has purchased the fully-leased property.
  
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• Babylon seals Matrix buy, launches $3.5m raise

  14-05-2025 05:01 via businessnews.com.au
  
  Babylon Pump & Power says the Matrix acquisition will grow its water services business.
  
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• Evolution confirms long-term focus

  14-05-2025 05:00 via businessnews.com.au
  
  Evolution Energy Minerals has announced a new three-pillared approach, as its new strategic direction takes shape.
  
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• Small business commissioner appointed

  14-05-2025 04:40 via businessnews.com.au
  
  The state government has announced Saj Abdoolakhan as the new small business commissioner and chief executive officer of the Small Business Development Corporation.
  
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• Passengers who claimed injuries from turbulence lose High Court appeal

  14-05-2025 04:34 via abc.net.au
  
  The 2019 Vancouver to Sydney flight experienced significant turbulence at 36,000 feet. It landed in Honlulu, Hawaii, with 37 injuries recorded, nine of which were major.
  
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• State government injects $3m into financial counselling

  14-05-2025 03:54 via businessnews.com.au
  
  The state government will inject an additional $3 million into financial counselling services over two years to help Western Australians experiencing financial hardship.
  
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• Annual wage growth ticks up to 3.4 per cent in March quarter

  14-05-2025 03:54 via abc.net.au
  
  Annual wage growth lifted to 3.4 per cent in the March quarter, from 3.2 per cent in December. It is the first annual increase in wage growth since the June quarter last year.
  
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• Sixty looks mark 60 years of Carla Zampatti in 'milestone' fashion show

  14-05-2025 03:47 via abc.net.au
  
  The Carla Zampatti brand celebrated 60 years of its elegant designs at an outdoor runway in Sydney at Australian Fashion Week.
  
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• Carla Zampatti's legacy lives on at 60th anniversary runway show

  14-05-2025 03:47 via abc.net.au
  
  The Carla Zampatti brand celebrated 60 years of its elegant designs at an outdoor runway in Sydney at Australian Fashion Week.
  
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• Indie publishers face huge challenges. Here's why so many are flourishing

  14-05-2025 03:34 via abc.net.au
  
  Independent publishers come up against huge challenges to keep doing what they're best at: celebrating alternative and diverse voices, and emerging writers. Now, in Melbourne Design Week, one event is celebrating them back.
  
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• Woodside and Aramco explore US LNG deal

  14-05-2025 03:18 via businessnews.com.au
  
  Woodside Energy will look to sell part of its Louisiana LNG project to Aramco, a move announced the same day as a near trillion-dollar deal between the US and Saudi governments.
  
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• Spirited rally for tax reform

  14-05-2025 03:12 via businessnews.com.au
  
  Distillers are feeling the hangover as the spirits excise tax curtails growth.
  
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• Making magic in Perth Hills stills

  14-05-2025 03:03 via businessnews.com.au
  
  In a secluded Bickley workshop, Hilton Izzett crafts spirits in copper stills that reflect his love of nature.
  
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• Robert De Niro slams Donald Trump in Palme d'Or acceptance speech at Cannes

  14-05-2025 02:48 via abc.net.au
  
  As he was presented with the Cannes Film Festival's highest honour, veteran actor Robert De Niro denounced US President Donald Trump while referencing Mr Trump's recent announcement of 100 per cent tariffs on movies "produced in foreign lands".
  
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• Robert De Niro slams Donald Trump in acceptance speech at Cannes

  14-05-2025 02:48 via abc.net.au
  
  As he was presented with the Cannes Film Festival's highest honour, veteran actor Robert De Niro denounced US President Donald Trump while referencing Mr Trump's recent announcement of 100 per cent tariffs on movies "produced in foreign lands".
  
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• CBA quarterly cash profit reaches $2.6bn

  14-05-2025 01:54 via businessnews.com.au
  
  Commonwealth Bank of Australia boss Matt Comyn says despite certain risks to the global economy, Australia remains an ideal place to be.
  
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• Perth developer plans 300-block subdivision near pristine WA beaches

  14-05-2025 01:39 via abc.net.au
  
  With the Esperance region desperate for housing, a proposal to develop hundreds of lots near one of WA's most pristine beaches has sparked plenty of conversation.
  
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• Wall Street rises again as the S&P 500 erases its loss for 2025

  14-05-2025 01:34 via businessnews.com.au
  
  Most US stocks rose overnight following the release of an encouraging report.
  
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• Macquarie sued for allegedly misreporting millions of short sales

  14-05-2025 01:25 via abc.net.au
  
  Corporate regulator ASIC launches its fourth action against Macquarie in just over a year, alleging its broking arm misreported millions of short sales to the market operator over a 14-year period.
  
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• Controversial water licence approved for cotton and hay around Larrimah

  14-05-2025 00:22 via abc.net.au
  
  Indigenous people in the remote community of Jilkminggan fear their springs and creeks will be degraded as a new water licence allows for an 800-hectare irrigated cotton plantation.
  
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• Live: ASX seesaws, Macquarie shares fall on ASIC lawsuit

  14-05-2025 00:09 via abc.net.au
  
  Australian shares claw back ground after earlier losses. US inflation rises less than expected despite Donald Trump's global tariffs, while ASIC takes action against Macquarie for the fourth time in 12 months. Follow live.
  
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• Live: ASX opens lower, ASIC sues Macquarie for misleading conduct

  14-05-2025 00:09 via abc.net.au
  
  The Australian share market trades lower despite a mostly positive session on Wall Street, US inflation rises less than expected despite Donald Trump's global tariffs, while ASIC takes action against Macquarie for the fourth time in 12 months. Follow live.
  
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• ASX closes higher, Macquarie shares fall on ASIC lawsuit — as it happened

  14-05-2025 00:09 via abc.net.au
  
  Australian shares just scraped into positive territory by the day's close on Wednesday. Bureau of Statistics data showed wage growth picked up in the March quarter. ASIC takes action against Macquarie for the fourth time in 12 months.
  
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