be good news

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be good news

To be beneficial to someone or something. This storm changing direction is really good news for those of us on the coast.
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be good news

be an asset; be commendable or admirable. informal
See also: good, news

be good ˈnews (for somebody/something)

be likely to be helpful or give an advantage for somebody/something: The cut in interest rates is good news for homeowners.
See also: good, news
References in periodicals archive ?
Moody's observations about our business growth and expense reduction efforts are good news for our company, our policyholders and our shareholders.