FINANCIAL NEWS

The Overnight Report: Post Election Blues

A global perspective on what happened overnight

8:48 AM


Today’s Financial Calendar – 06-11-2026

Significant Scheduled Events For 06 November, 2026

8:15 AM


ASX Winners And Losers Of Today – 05-11-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Nov 05 2026


Rudi’s View: Previews To November Results

Post midterms surprise, we look forward to corporate Australia’s mini-results season in November

Nov 05 2026


Origin Energy’s Dividend Appeal Attracts

Stronger LNG cash flow, recovering electricity prices and growing dividend potential are drawing investors back to Origin Energy

Nov 05 2026


Bell Potter rates COG as Buy

COG Financial Services' 1Q27 update was better than expected according to Bell Potter, and is on track to achieve its 10% growth target in EBITDA, which rose 53% y/y, including $2.4m from new businesses.

Revenue growth rose 56% y/y, assisted by 84% y/y growth in lease settlements and acquisition contributions, the analyst explains. By comparison, private demand growth was up 10% y/y and EV volume growth of 162% y/y.

The broker points out commercial demand remains sound, with EBITDA up 2% y/y. Re lending, the EBITDA to shareholders was nil versus $0.5m a year ago.

Notably, legislation to determine tax exemption changes before 31 March 2027 are with the senate.

Target price lifts to $2.20 from $2.10. No change to Buy rating.

Morgans rates NXT as Downgrade to Accumulate from Buy

Morgans raises its target for NextDC by $4.00 to $11.50 and downgrades to Accumulate from Buy following reports that Digital Realty and Goodman Group are seeking a combined 9.9% stake at $9.50 per share.

The broker believes the move puts NextDC in play, despite the company confirming it has received no takeover proposal.

Even after a 50% share price rally, the analyst explains the company trades at 1.3 times book value, well below its historical average of 2.7 times.

Morgans sees potential takeover value around $13 per share, although funding pressures and execution risks remain, particularly at the M3 data centre.

Overall, the company is viewed as a quality business whose valuation is temporarily depressed by investor concerns and challenges considered manageable.

Citi rates REA as Neutral

REA Group's first-quarter FY27 update exceeded Citi's expectations, supported by stronger controllable yield growth and deferred revenue benefits.

The broker nevertheless expects growth to slow amid weaker property listings, an unfavourable geographic sales mix and tougher comparisons.

Citi lowers its FY27 residential revenue growth forecast by one percentage point to 4%, while forecasting a -5% decline in new listings and 12% controllable yield growth.

The analyst sees scope for further price increases through iGuide adoption and expects operating margins to improve through cost discipline.

Citi retains its Neutral rating and raises its target by 9% to $179.25.

Click here to see full report market arrow icon

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 PRICECHANGE +/-CHANGE %VOLUME

$40.36

04 Nov
2026

market green arrow 0.020

OPEN

$40.07

market green arrow 0.05%

HIGH

$40.36

4,082,488

LOW

$39.74

TARGET
$36.073-10.6% downside
Franking for last dividend paid out: 75%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 247.9xxx
DPS (cps)xxx 166.0 166.7xxx
EPS Growthxxx- 9.1% 25.1%xxx
DPS Growthxxx 0.0% 0.4%xxx
PE RatioxxxN/A 16.2xxx
Dividend YieldxxxN/A 4.2%xxx
Div Pay Ratio(%)xxx 83.8% 67.2%xxx

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@Filapek
Rudi Filapek-Vandyck@Filapek
10h
RBC Capital on James Hardie $JHX: "We expect a neutral reaction in James Hardie's shares. "FQ2 results were above our forecast and consensus, and roughly in line with the high end of its guidance range, and LDD% sell-through in the quarter for each of the Siding & Trim and
@Filapek
Rudi Filapek-Vandyck@Filapek
9h
RBC Capital on NextDC $NXT: "Digital Realty and Goodman Group's acquisition of up to 9.9% of NextDC is validation that fundamental value exists in NextDC shares. "We recently took a conservative approach to valuation while NextDC worked through delays to its M3 data centre
@Filapek
Rudi Filapek-Vandyck@Filapek
9h
Citi on $NAB: "NAB printed FY26 cash earnings of $6,141m, ~3% below consensus. "The concern into the result had been around credit quality and capital. Those concerns eventuated, with a BDD-led earnings miss and ~20bp capital raise through a discounted DRP. "Those concerns,
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
RBC Capital on Amcor $AMC: "We view Amcor's 1Q27 result as slightly negative for the company given that it was a 1% miss at the EPS line, albeit boosted by lower than expected D&A, corporate costs, interest and tax expense. "The company has been impacted by higher energy and
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
RBC Capital on Light & Wonder $LNW: "We view Light & Wonder's Q3 result as mixed as EBITDA was a 1% miss, however, EPS was 11% ahead of market expectations. "Gaming and SciPlay were below market expectations while iGaming and Corporate were above market. "The company
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
RBC Capital on $REA Group: "The key unknown going into REA Group’s 1Q27 trading update was residential Buy yield for FY27, which had something in it for the bulls and the bears. "On a positive note: Controllable Buy yield was an impressive +14%, ahead of RBCe at +12%, inferring
@Filapek
Rudi Filapek-Vandyck@Filapek
15h
♪ I see trees of green, red roses too ♫ I see them bloom for me and you ♪ And I think to myself … what a wonderful world ♬ ♫ I see skies of blue and clouds of white The bright blessed day, the dark sacred night ♪ And I think to myself … what a wonderful world ♫ ♪ The
@Filapek
Rudi Filapek-Vandyck@Filapek
15h
I wonder what hurts most... getting thumbed at the ballot box... or seeing markets rally strongly because of it?
@Filapek
Rudi Filapek-Vandyck@Filapek
15h
Talking about living in an alternative universe 😉 https://t.co/8rlWwTO7SC
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Citi on $REA Group: "We forecast REA to report group revenue (excl. India) of ~$440 million, up 8% yoy (on a continuing basis) and EBITDA of $284 million up +8% yoy in 1Q27. "With listing volumes for 1Q already disclosed and REA reiterating FY opex guidance at its investor day,
FIND FNARENA ON

DAILY FINANCIAL NEWS

Origin Energy’s Dividend Appeal Attracts

Stronger LNG cash flow, recovering electricity prices and growing dividend potential are drawing investors back to Origin Energy

Nov 05 2026 - Australia


While AI infrastructure fears weigh on ASX contractors, Shape Australia’s transformational data centre contract win offers substantial growth potential with limited execution risk

Nov 05 2026 - Small Caps


The Australian share market defied rising interest rates and persistent inflation to outperform global peers in October, as the unwinding of the AI trade sparked a rotation in market leadership, with banks and defensives emerging as the winners

Nov 04 2026 - Australia


Coles’ 1Q27 update and earnings downgrade disappointed the market with management outlining its strategic pathway to arrest the market share declines

Nov 04 2026 - Australia


This story analyses criminal proceedings involving unlisted capital raisings, witness tampering charges, adviser tribunal bans, and asset preservation orders

Nov 04 2026 - Australia


RedMed posted a stronger than expected first quarter, although various contingencies were reflected in the result and the subsequent outlook

Nov 03 2026 - Australia


rudi fnarena picture

RUDI'S VIEWS

Rudi’s View: Previews To November Results

Post midterms surprise, we look forward to corporate Australia’s mini-results season in November

Nov 05 2026

DAILY MARKET REPORTS

The Overnight Report: Post Election Blues

A global perspective on what happened overnight

8:48 AM


Today’s Financial Calendar – 06-11-2026

Significant Scheduled Events For 06 November, 2026

8:15 AM


ASX Winners And Losers Of Today – 05-11-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Nov 05 2026


Australian Broker Call *Extra* Edition – Nov 05, 2026

Extra Edition of the Broker Call Report

Nov 05 2026


The Overnight Report: Post-Election Rally

A global perspective on what happened overnight

Nov 05 2026


Today’s Financial Calendar – 05-11-2026

Significant Scheduled Events For 05 November, 2026

Nov 05 2026


ASX Winners And Losers Of Today – 04-11-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Nov 04 2026


WEEKLY REPORTS

The Short Report – 05 Nov 2026

FNArena’s weekly update on short positions in the Australian share market

Nov 05 2026

Weekly Update On LICs & LITs – 02-Nov-2026

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Nov 03 2026

Uranium Week: U308 Momentum Up Sharply

After several quiet weeks, activity across U308 markets sprung to life, with sellers prepared to action transactions at higher prices

Nov 03 2026


Australian Listed Real Estate Tables – 02-11-2026

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Nov 02 2026

Weekly Ratings, Targets, Forecast Changes – 30-10-26

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Nov 02 2026

Next Week At A Glance – 2-6 Nov 2026

A brief look at important company events and economic data releases next week

Oct 30 2026


In Case You Missed It – BC Extra Upgrades & Downgrades – 30-10-26

A summary of the highlights from Broker Call Extra updates throughout the week past

Oct 30 2026

Weekly Top Ten News Stories – 30 October 2026

Our top ten news stories from 22 October 2026 to 29 October 2026

Oct 30 2026

In Brief: Benz Mining, Cobram, Advanced Innergy

In this week’s In Brief, three initiations on a mega-scale WA gold developer, Australia’s premier olive oil producer, and an offshore energy materials specialist

Oct 30 2026


9.2K Followers
27.3K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
32m
RBC Capital on James Hardie $JHX: "We expect a neutral reaction in James Hardie's shares. "FQ2 results were above our forecast and consensus, and roughly in line with the high end of its guidance range, and LDD% sell-through in the quarter for each of the Siding & Trim and
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
RBC Capital on NextDC $NXT: "Digital Realty and Goodman Group's acquisition of up to 9.9% of NextDC is validation that fundamental value exists in NextDC shares. "We recently took a conservative approach to valuation while NextDC worked through delays to its M3 data centre
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
Citi on $NAB: "NAB printed FY26 cash earnings of $6,141m, ~3% below consensus. "The concern into the result had been around credit quality and capital. Those concerns eventuated, with a BDD-led earnings miss and ~20bp capital raise through a discounted DRP. "Those concerns,
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Amcor $AMC: "We view Amcor's 1Q27 result as slightly negative for the company given that it was a 1% miss at the EPS line, albeit boosted by lower than expected D&A, corporate costs, interest and tax expense. "The company has been impacted by higher energy and
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Light & Wonder $LNW: "We view Light & Wonder's Q3 result as mixed as EBITDA was a 1% miss, however, EPS was 11% ahead of market expectations. "Gaming and SciPlay were below market expectations while iGaming and Corporate were above market. "The company
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on $REA Group: "The key unknown going into REA Group’s 1Q27 trading update was residential Buy yield for FY27, which had something in it for the bulls and the bears. "On a positive note: Controllable Buy yield was an impressive +14%, ahead of RBCe at +12%, inferring
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
♪ I see trees of green, red roses too ♫ I see them bloom for me and you ♪ And I think to myself … what a wonderful world ♬ ♫ I see skies of blue and clouds of white The bright blessed day, the dark sacred night ♪ And I think to myself … what a wonderful world ♫ ♪ The
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
I wonder what hurts most... getting thumbed at the ballot box... or seeing markets rally strongly because of it?
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Talking about living in an alternative universe 😉 https://t.co/8rlWwTO7SC
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Citi on $REA Group: "We forecast REA to report group revenue (excl. India) of ~$440 million, up 8% yoy (on a continuing basis) and EBITDA of $284 million up +8% yoy in 1Q27. "With listing volumes for 1Q already disclosed and REA reiterating FY opex guidance at its investor day,
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    06 November 2026   Updated : 09:41   AEDT

    SPI Overnight

    9029.00

    -49.00

    -0.54%

    NZ50

    13924.660

    -166.310

    -1.180%

    All Ordinaries

    9205.20

    +250.30

    2.80%

    S&P ASX 200

    9065.10

    +230.60

    2.61%

    S&P ASX 300

    8973.50

    +231.70

    2.65%

    Communication Services

    1651.80

    +33.20

    2.05%

    Consumer Discretionary

    3847.40

    +96.30

    2.57%

    Consumer Staples

    13621.00

    +431.50

    3.27%

    Energy

    10242.30

    -511.70

    -4.76%

    Financials

    9754.20

    -28.60

    -0.29%

    Health Care

    35329.10

    +1240.30

    3.64%

    Industrials

    8422.80

    +182.50

    2.21%

    Info Technology

    1797.60

    +164.80

    10.09%

    Materials

    23185.90

    +1628.40

    7.55%

    Real Estate

    3523.80

    +114.10

    3.35%

    Utilities

    10652.30

    -163.10

    -1.51%

    A-REITs

    1642.90

    +52.80

    3.32%

    All Technology Index

    3048.00

    +231.40

    8.22%

    Banks

    4071.30

    -54.70

    -1.33%

    Gold Index

    18567.40

    +2046.00

    12.38%

    Metals & Mining

    7930.90

    +580.50

    7.90%

    Click item/line to change chart

  • Australasia

    06 November 2026   Updated : 09:41   AEDT

    AUD/USD

    0.6932

    -0.01

    -1.21%

    AUD/NZD

    1.2393

    0.00

    -0.37%

    NZD/USD

    0.5593

    0.00

    -0.85%

    AUD/JPY

    109.32

    -1.71

    -1.54%

    SGD/AUD

    1.13

    +0.01

    1.07%

    AUD/EUR

    0.6180

    -0.01

    -0.95%

    AUD/GBP

    0.5155

    -0.01

    -0.96%

    AUDCAD

    0.9715

    -0.01

    -0.74%

  • World

    06 November 2026   Updated : 09:41   AEDT

    CAD/USD

    0.7135

    0.00

    -0.49%

    EUR/JPY

    176.89

    -1.07

    -0.60%

    EUR/USD

    1.1215

    0.00

    -0.28%

    GBP/USD

    1.3446

    0.00

    -0.27%

    USD/JPY

    157.71

    -0.52

    -0.33%

    Click item/line to change chart

  • World

    06 November 2026   Updated : 09:41   AEDT

    FTSE100

    10782.66

    -46.55

    -0.43%

    DAX30

    26325.01

    -112.66

    -0.43%

    Hang Seng

    24796.98

    +877.48

    3.67%

    Nikkei 225

    61077.90

    -1110.73

    -1.79%

    NZ50

    13924.660

    -166.310

    -1.180%

    DJIA

    51523.06

    -1833.06

    -3.44%

    S&P500

    7353.73

    -334.89

    -4.36%

    Nasdaq Comp

    24315.00

    -1421.52

    -5.52%

    S&P500 VIX

    28.18

    +11.57

    69.66%

    US 10-year yield

    4.837

    -0.057

    -1.160%

    USD Index

    101.58

    +0.07

    0.07%

  • Aus Stocks

    06 November 2026   Updated : 09:41   AEDT

    Amcor (US)

    45.84

    -2.66

    -5.48%

    Newmont (US)

    119.71

    +1.55

    1.31%

    Rio Tinto (UK)

    6370.00

    +169.00

    2.73%

    BHP Group (US)

    78.58

    -1.56

    -1.95%

    Rio Tinto (US)

    83.16

    -1.40

    -1.66%

    ResMed (US)

    239.31

    -1.20

    -0.50%

    South32 (UK)

    230.80

    +5.20

    2.30%

    James Hardie (US)

    28.66

    -0.86

    -2.91%

    Janus Henderson (US)

    51.95

    -0.02

    -0.04%

    Click item/line to change chart

  • Metals & Minerals

    06 November 2026   Updated : 08:18   AEDT

    Gold (oz)

    4097.16

    +33.81

    0.83%

    Silver (oz)

    52.00

    -0.24

    -0.46%

    Copper (lb)

    6.1800

    -0.20

    -3.13%

    Aluminium (lb)

    1.4224

    +0.02

    1.72%

    Nickel (lb)

    7.0163

    +0.12

    1.78%

    Zinc (lb)

    1.7582

    +0.00

    0.16%

    Copper (t)

    13620.72

    -440.80

    -3.13%

    Aluminium (t)

    3135.00

    +53.00

    1.72%

    Nickel (t)

    15464.00

    +270.00

    1.78%

    Zinc (t)

    3875.00

    +6.00

    0.16%

    Uranium (lb) weekly

    93.25

    +3.50

    3.90%

    Iron Ore (t)

    93.12

    +1.17

    1.27%

  • Energy

    06 November 2026   Updated : 08:18   AEDT

    West Texas Crude

    90.73

    +2.01

    2.27%

    Brent Crude

    98.52

    +3.34

    3.51%

CALENDAR

Friday, 6 November 2026
JP Sep Cash earnings same sample base y/y
JP Sep Earnings
EZ Sep Retail sales
US Nov Uni Mich sentiment (prelim)
US Oct Average hourly earnings
US Oct Non-farm payrolls
US Oct Unemployment
US Sep Consumer credit
COLAGM
CUVAGM
JHXQ2 earnings report
JINAGM
MQG1H27 earnings report

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon up$26.67

REAREA GROUP LIMITED

market icon up$180.01

RMDRESMED INC

market icon up$34.61

TNETECHNOLOGY ONE LIMITED

market icon up$33.16

WOWWOOLWORTHS GROUP LIMITED

market icon up$41.72

WEEKLY PDF

Stories To Read From FNArena


WEEK 44
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WEEK 43
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WEEK 40
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FNARENA TALKS

FNARENA WINDOWS

Window on INFRASTRUCTURE & UTILITIES

Origin Energy’s Dividend Appeal Attracts

Stronger LNG cash flow, recovering electricity prices and growing dividend potential are drawing investors back to Origin Energy

Nov 05 2026


Window on INDUSTRIAL SECTOR CONTRACTORS & ENGINEERS

Shape Finds Opportunity Amid AI Anxiety

While AI infrastructure fears weigh on ASX contractors, Shape Australia’s transformational data centre contract win offers substantial growth potential with limited execution risk

Nov 05 2026


Window on FOOD, BEVERAGES & TOBACCO

Coles Resets Strategy As Woolworths Fights Back

Coles’ 1Q27 update and earnings downgrade disappointed the market with management outlining its strategic pathway to arrest the market share declines

Nov 04 2026


GEN AI

NextDC’s Collision With The Real World

The global AI infrastructure boom is colliding with real-world constraints, forcing NextDC to issue a shock profit warning last week

Oct 26 2026


FEATURE STORIES

History’s Blue Print For The AI Investment Cycle

Artificial intelligence remains a polarising subject, but Australia is strategically well positioned to benefit. So, how should investors be positioned in the AI cycle?

Oct 01 2026