FINANCIAL NEWS
ASIC Watch: Legacy Banking Systems Draw $26M Hardship Penalties
The Federal Court’s $26m penalty against Westpac Banking Corporation has turned what once looked like an operational and technology problem into a direct balance sheet issue
11:30 AM
Rio Tinto Shares Eye $200 Milestone
Rio Tinto shares appear poised for a breakout towards $200, Fairmont Equities’ Michael Gable reports, with strong buying support during recent consolidation reinforcing a positive technical outlook
11:15 AM
Australian Listed Real Estate Tables – 02-06-2026
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:05 AM
AI, Data Centres Fire Up Dicker Data’s Growth
Strong trading momentum, accelerating data centre investment and growing AI-related demand strengthen broker confidence in Dicker Data. Second-half supply and demand risks are also noted
10:45 AM
Uranium Week: U308 Spot Price Slips In May
Accelerating nuclear growth, rising utility contracting and an increasingly constrained supply outlook are reinforcing expectations of a higher uranium prices over the coming decade
10:00 AM
Bell Potter rates AHC as Buy
Austco Healthcare has provided guidance and a trading update that was below expectations. Cost escalation resulting from the conflict in the Middle East and competition for servers required by the company for its software from the AI sector have affected performance in the second half, Bell Potter notes.
Revenue growth for FY26 is now expected to be in the 11%-17% range and EBITDA growth in the 7%-12% range. The company has a contract for its Pulse Mobile clinical communications for an existing US customer covering 180 hospitals during 2026.
A further three contracts have been announced equating to $3m across Australia, New Zealand and Canada in the aged care and hospital sectors. Bell Potter retains a Buy rating and reduces its target to $0.45 from $0.55.
Citi rates CKF as Neutral
Citi's latest quick service restaurant (QSR) menu price survey found Guzman y Gomez has maintained stable pricing since December 2025. In contrast, Domino's Pizza Enterprises, KFC, McDonald's and Hungry Jack's all increased prices during April and May.
Domino's Pizza Enterprises' price increases are viewed as supporting franchisee profitability, while recent price rises at KFC may reflect cost pressures that cannot be offset elsewhere.
The Neutral rating and $10.45 target are maintained for Collins Foods, the largest KFC franchisee in Australia.
UBS rates SLC as Buy
UBS flags an expected solid trading update from Superloop at its June 3 Investor Day. The consumer segment is anticipated to reap the rewards of higher-speed plans at a more appealing value, the analyst explains, and forecasts consumer subscribers of 465k, above the consensus estimate of 463k.
Management is expected to announce its position on pricing following the NBN wholesale hike of around 4% upcoming in July, the broker noting Superloop is currently offering discounts to its headline pricing.
An update on Smart Communities is also flagged, with UBS forecasting business subscribers of around 117k, which aligns with the consensus estimate.
Wholesale subscribers are forecast to be lower than consensus expectations, the analyst notes.
Coverage of the stock has been transferred to William Park. Buy rated with an unchanged $3.50 target.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
ANZ | ANZ GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
$35.05 01 Jun |
OPEN $35.08 |
HIGH $35.28 | 2,827,126 LOW $34.77 |
-0.150| TARGET | |||
| $35.008-0.1% downside | |||
| Franking for last dividend paid out: 75% |
| Title | FY24 Actual | FY25 Actual | FY26 Forecast | FY27 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 198.2 | 246.8 | xxx |
| DPS (cps) | xxx | 166.0 | 166.8 | xxx |
| EPS Growth | xxx | - 9.1% | 24.5% | xxx |
| DPS Growth | xxx | 0.0% | 0.5% | xxx |
| PE Ratio | xxx | N/A | 13.8 | xxx |
| Dividend Yield | xxx | N/A | 4.9% | xxx |
| Div Pay Ratio(%) | xxx | 83.8% | 67.6% | xxx |
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DAILY FINANCIAL NEWS
ASIC Watch: Legacy Banking Systems Draw $26M Hardship Penalties
The Federal Court’s $26m penalty against Westpac Banking Corporation has turned what once looked like an operational and technology problem into a direct balance sheet issue
11:30 AM - Australia
Rio Tinto shares appear poised for a breakout towards $200, Fairmont Equities’ Michael Gable reports, with strong buying support during recent consolidation reinforcing a positive technical outlook
11:15 AM - Technicals
Strong trading momentum, accelerating data centre investment and growing AI-related demand strengthen broker confidence in Dicker Data. Second-half supply and demand risks are also noted
10:45 AM - Small Caps
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
Jun 01 2026 - Australia
The market wanted an upgrade and fresh leasing announcements. Goodman Group’s Q3 update didn’t deliver. Analysts remain positive on the group’s expanding data centre pipeline, pricing power and long-term exposure to AI-driven demand
Jun 01 2026 - Australia
Enterprise software is undergoing its most significant reset in a generation. Franklin Equity believes investors who treat software as a uniform asset class will make costly mistakes
Jun 01 2026 - International
PR NEWSWIRE
Recharge Power and Energy Decarb Launch Joint Venture Targeting Australia’s PV and BESS Market
2:28 PM - PR NewsWire
Trip.com and Tourism Tasmania Sign Strategic MoU to Accelerate Growth for Tasmanian Tourism
9:00 AM - PR NewsWire
Hyland and AWS Bring the Content-Powered Agentic Enterprise to Asia-Pacific, Meeting Customers Where Their Data Lives
8:30 AM - PR NewsWire
Flor de Caña Receives Highest Sustainability Recognition in Australia
7:21 AM - PR NewsWire
Firstsource and AppliedAI Report Real-World Results from Strategic Partnership
1:59 AM - PR NewsWire
Relief as Firmable locates 15,000 accounting decision-makers reported missing at leading global B2B data provider
May 31 2026 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Lessons I Learned
After my presentation and Q&A in Toowoomba, Queensland yesterday (having endured the teasing prior to the State of Origin later on the day) I sat down with a few of the local investors to talk investing and markets in a more informal setting
May 28 2026
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 01-06-26
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jun 01 2026
Australian Broker Call *Extra* Edition – Jun 01, 2026
Extra Edition of the Broker Call Report
Jun 01 2026
The Monday Report – 01 June 2026
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
Jun 01 2026
ASX Winners And Losers Of Today – 29-05-26
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
May 29 2026
WEEKLY REPORTS
Australian Listed Real Estate Tables – 02-06-2026
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:05 AM
Uranium Week: U308 Spot Price Slips In May
Accelerating nuclear growth, rising utility contracting and an increasingly constrained supply outlook are reinforcing expectations of a higher uranium prices over the coming decade
10:00 AM
Weekly Ratings, Targets, Forecast Changes – 29-05-26
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Jun 01 2026
Next Week At A Glance – 1-5 June 52026
A brief look at important company events and economic data releases next week
May 29 2026
Weekly Top Ten News Stories – 29 May 2026
Our top ten news stories from 21 May 2026 to 28 May 2026
May 29 2026
In Case You Missed It – BC Extra Upgrades & Downgrades – 29-05-26
A summary of the highlights from Broker Call Extra updates throughout the week past
May 29 2026
In Brief: IPD, Superloop & Eagers Automotive
Three companies carving out growth against a challenging macroeconomic backdrop from infrastructure investment (data centres), EV demand and telecommunications
May 29 2026
The Short Report – 28 May 2026
FNArena’s weekly update on short positions in the Australian share market
May 28 2026
Weekly Update On LICs & LITs – 27-May-2026
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
May 27 2026
THE MARKETS
Australia
02 June 2026 Updated : 16:12 AEDT
SPI Overnight
8710.00
-36.00
-0.41%
NZ50
13170.710
-73.840
-0.560%
All Ordinaries
8966.30
-3.50
-0.04%
S&P ASX 200
8726.00
-3.40
-0.04%
S&P ASX 300
8669.70
-3.60
-0.04%
Communication Services
1661.70
+14.30
0.87%
Consumer Discretionary
3535.00
-18.90
-0.53%
Consumer Staples
11594.20
-177.90
-1.51%
Energy
10475.90
+26.80
0.26%
Financials
9073.30
-83.40
-0.91%
Health Care
22280.40
-328.20
-1.45%
Industrials
8136.90
-2.50
-0.03%
Info Technology
1954.70
+85.30
4.56%
Materials
25522.60
+323.50
1.28%
Real Estate
3556.60
-40.70
-1.13%
Utilities
9544.60
-73.60
-0.77%
A-REITs
1653.70
-20.20
-1.21%
All Technology Index
3057.30
+109.40
3.71%
Banks
3866.40
-38.10
-0.98%
Gold Index
16878.50
+478.50
2.92%
Metals & Mining
8870.10
+122.40
1.40%
World
02 June 2026 Updated : 16:12 AEDT
CAD/USD
0.7223
0.00
-0.19%
EUR/JPY
185.94
+0.18
0.10%
EUR/USD
1.1641
0.00
-0.07%
GBP/USD
1.3469
+0.00
0.07%
USD/JPY
159.73
+0.26
0.17%
Aus Stocks
02 June 2026 Updated : 16:12 AEDT
Amcor (US)
37.73
-1.09
-2.81%
Newmont (US)
108.19
-1.62
-1.48%
Rio Tinto (UK)
7938.00
-30.00
-0.38%
BHP Group (US)
91.22
+2.31
2.60%
Rio Tinto (US)
108.96
+2.57
2.42%
ResMed (US)
186.44
-4.13
-2.17%
South32 (UK)
252.20
-4.20
-1.64%
James Hardie (US)
22.93
-0.35
-1.50%
Janus Henderson (US)
51.73
+0.02
0.04%
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CALENDAR
Tuesday, 2 June 2026
AU 1Q BoP AU April Building Approvals EZ May CPI US April jolts US May ISM WGX FY26 earnings report Wednesday, 3 June 2026
AU 1Q GDP EZ April PPI US May ADP data XX Global PMIs GMD AGM SLC investor briefing ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$26.96REA REA GROUP LIMITED $157.04RMD RESMED INC 
$26.13TNE TECHNOLOGY ONE LIMITED $32.85WOW WOOLWORTHS GROUP LIMITED $34.33WEEKLY PDF
Stories To Read From FNArena
WEEK 22
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FNARENA TALKS
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FNARENA WINDOWS
Window on FINANCIAL SERVICES
ASIC Watch: Legacy Banking Systems Draw $26M Hardship Penalties
The Federal Court’s $26m penalty against Westpac Banking Corporation has turned what once looked like an operational and technology problem into a direct balance sheet issue
11:30 AM
Window on BULKS
Rio Tinto Shares Eye $200 Milestone
Rio Tinto shares appear poised for a breakout towards $200, Fairmont Equities’ Michael Gable reports, with strong buying support during recent consolidation reinforcing a positive technical outlook
11:15 AM
Window on REITS
Australian Listed Real Estate Tables – 02-06-2026
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:05 AM
GEN AI
AI, Data Centres Fire Up Dicker Data’s Growth
Strong trading momentum, accelerating data centre investment and growing AI-related demand strengthen broker confidence in Dicker Data. Second-half supply and demand risks are also noted
10:45 AM