FINANCIAL NEWS

$2.3bn Battery Subsidy Reshaping Australia’s Energy Stocks

Australia’s clean energy landscape is being reshaped by the federal government’s $2.3bn Cheaper Home Batteries program

2:44 PM


DigiCo Deals Diminish Doubts

Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

11:38 AM


Technical Views On Nasdaq, ASX200 & Gold

Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil

10:50 AM


Enthusiasm For Treasury Wine Runs Dry

Caught in a nexus of falling Chinese demand and Californian distribution travails, Treasury Wine withdraws earnings guidance

10:30 AM


Rudi’s View: Tech1 Delivers AI First

In this week’s Weekly Insights:

-Tech1 Delivers AI First
-Trade Tension Flares Up? UBS Responds

10:00 AM


Shaw and Partners rates DUR as Buy, High Risk

Shaw and Partners highlights the strategic shift in Duratec's earnings profile and sector exposure. The company has increased works exposed to energy decommissioning across aging oil and gas assets, alongside building/facades from defence.

In FY25, defence revenue declined to 32%, down -15 percentage points (pp) from FY23, while energy, building and facades rose 5pp to 34%.

Current estimates for energy decommissioning and remediation are $60bn of works and $28bn across the next decade. Aging towers, stricter safety rules, and sustainability upgrades are generating demand for facade remediation.

A Buy, High risk rating is retained. Target price is lifted to $2.20 from $1.90, with the analyst ascribing a higher valuation to the company.

UBS rates RIO as Neutral

Rio Tinto’s September quarter result aligned broadly with expectations held by UBS, with iron ore softer but copper and bauxite strong and 2025 guidance unchanged.

Pilbara shipments of 84mt were flat year-on-year and in line with consensus and the broker, while 4Q production guidance implies to the analysts a record 88mt.

Aluminium and bauxite output exceeded the broker's expectations, with guidance lifted to 59-61mt. Copper rose 10% year-on-year to 204kt, tracking the top end of 780-850kt guidance, with Oyu Tolgoi on course for a greater than 50% lift in 2025, highlights UBS.

The broker retains a Neutral rating and target price of $130.

Citi rates SCG as Buy

Citi made minor adjustments to its net property income and finance cost assumptions for FY25-27 for Scentre Group.

This reflects current macro and market conditions. FFO/share forecasts are broadly unchanged.

Buy. Target unchanged at $4.60.

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

$35.91

14 Oct
2025

market red arrow -0.100

OPEN

$36.02

market red arrow -0.28%

HIGH

$36.94

8,412,463

LOW

$35.72

TARGET
$30.953-13.8% downside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps)xxx 218.0 216.0 xxx
DPS (cps)xxx 166.0 161.0 xxx
EPS Growthxxx - 8.0% - 0.9% xxx
DPS Growthxxx - 5.1% - 3.0% xxx
PE Ratioxxx N/A 16.7 xxx
Dividend Yieldxxx N/A 4.5% xxx
Div Pay Ratio(%)xxx 76.2% 74.5% xxx

FOLLOW US ON SOCIAL MEDIA

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@Filapek
Rudi Filapek-Vandyck@Filapek
9h
Weekly Insights this week tells the tale of Australia's first active contribution to tomorrow's world of AI services and applications https://t.co/m6uV5WC9la$TNE #stockinfocus#AI#investing#XJO#equities#allweatherman@FNArena
@Filapek
Rudi Filapek-Vandyck@Filapek
4h
UBS on Bank of Queensland $BOQ: "In line result. Beat on DPS. Steady progress on reshaping the overall franchise. "We could imagine BOQ, in time, being a potentially smaller, yet more profitable business albeit still battling to close the gap between cost of equity and return
@Filapek
Rudi Filapek-Vandyck@Filapek
4h
RBC Capital on Evolution Mining $EVN: "A soft Q1 with gold missing cons/RBC by 5%/8% has EVN tracking below FY26 guidance in a potentially 1H heavy production year. "Plus some project details have been omitted, potentially creating some uncertainty. 100% Q1 production of 174koz
@Filapek
Rudi Filapek-Vandyck@Filapek
2h
RBC Capital on Paladin Energy $PDN: "Paladin delivered another solid operational quarter at Langer Heinrich, reinforcing confidence in its ability to achieve nameplate capacity by end-FY26. "With production and mining execution improving, Paladin has emerged as one of the few
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
E&P on Catapult $CAT: "Catapult has announced an intended acquisition and associated equity raising, as well as a trading update. "Overall the acquisition looks like a logical fit for the company, with key strengths in soccer and capabilities that are adjacent to, and
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
From RBC Capital: "We think this is an extremely important reporting season. "Despite the recent Fed cut and the anticipation of more to cuts to come, there’s been no valuation expansion in the S&P 500 of late as bottom-up forward P/Es have been unable to make new highs since
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Data centres can make no money? Gotta laugh about some sticky narratives that catch clueless investors' conviction.https://t.co/yQMhHQhO6K#datacenters#investing#XJO#equities#stocks
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
Stephen Innes, SPI Asset Management: "Twenty-five years on, analysts still see ghosts in the tape. The moment Nasdaq flirts with new highs, the cry goes up: “Bubble!” The word is meant to sound prudent, but it’s often just lazy nostalgia dressed as wisdom. The truth is more
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
Indeed! 👇👇 https://t.co/EbWQoyw7sL
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
RBC Capital on Tech1 $TNE: "We left the Investor Day impressed with the launch of TNE’s new PLUS AI product which surpassed our expectations in terms of the depth of enhancements and clear customer benefits. "This is the first AI product demonstration we've seen amongst our ASX
FIND FNARENA ON

DAILY FINANCIAL NEWS

$2.3bn Battery Subsidy Reshaping Australia’s Energy Stocks

Australia’s clean energy landscape is being reshaped by the federal government’s $2.3bn Cheaper Home Batteries program

2:44 PM - ESG Focus


Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

11:38 AM - Small Caps


Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil

10:50 AM - Technicals


Caught in a nexus of falling Chinese demand and Californian distribution travails, Treasury Wine withdraws earnings guidance

10:30 AM - Australia


Whether or not a stock market bubble is forming has become a key debate for investors. ClearBridge Investments believes a boom may be on the horizon, driven by a favourable policy mix and a healthy consumer that should support earnings growth

Oct 14 2025 - International


BHP shares retesting the August low, then rallying to a recent high suggests the stock is poised to move higher, Fairmont Equities’ Michael Gable reports

Oct 14 2025 - Technicals


rudi fnarena picture

RUDI'S VIEWS

Rudi’s View: Tech1 Delivers AI First

In this week’s Weekly Insights:

-Tech1 Delivers AI First
-Trade Tension Flares Up? UBS Responds

10:00 AM

DAILY MARKET REPORTS

The Overnight Report: The Dragon Digs In

A global perspective on what happened overnight

8:51 AM


Today’s Financial Calendar – 15-10-2025

Significant Scheduled Events For 15 October, 2025

8:15 AM


ASX Winners And Losers Of Today – 14-10-25

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

Oct 14 2025


Australian Broker Call *Extra* Edition – Oct 14, 2025

Extra Edition of the Broker Call Report

Oct 14 2025


The Overnight Report: Just A Bad Dream (?)

A global perspective on what happened overnight

Oct 14 2025


Today’s Financial Calendar – 14-10-2025

Significant Scheduled Events For 14 October, 2025

Oct 14 2025


ASX Winners And Losers Of Today – 13-10-25

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

Oct 13 2025


WEEKLY REPORTS

Weekly Update On LICs & LITs – 14-Oct-2025

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

Oct 14 2025

Uranium Week: Price Frenzy Fades

The U308 spot price took a breather last week as buying from funds subsided and volumes contracted

Oct 14 2025

Australian Listed Real Estate Tables – 13-10-2025

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

Oct 13 2025


Weekly Ratings, Targets, Forecast Changes – 10-10-25

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

Oct 13 2025

Next Week At A Glance – 13-17 Oct 2025

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

Oct 10 2025

In Case You Missed It – BC Extra Upgrades & Downgrades – 10-10-25

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

Oct 10 2025


Weekly Top Ten News Stories – 10 October 2025

Our top ten news stories from 02 October 2025 to 09 October 2025

Oct 10 2025

In Brief: Telix, Santos, Woodside & Acusensus

This week’s In Brief presents two stocks which have fallen due to extraneous factors combined with an unexpected technology story

Oct 10 2025

The Short Report – 09 Oct 2025

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

Oct 09 2025


9K Followers
25.4K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
Weekly Insights this week tells the tale of Australia's first active contribution to tomorrow's world of AI services and applications https://t.co/m6uV5WC9la $TNE #stockinfocus #AI #investing #XJO #equities #allweatherman @FNArena
@Filapek
Rudi Filapek-Vandyck @Filapek
6h
UBS on Bank of Queensland $BOQ: "In line result. Beat on DPS. Steady progress on reshaping the overall franchise. "We could imagine BOQ, in time, being a potentially smaller, yet more profitable business albeit still battling to close the gap between cost of equity and return
@Filapek
Rudi Filapek-Vandyck @Filapek
6h
RBC Capital on Evolution Mining $EVN: "A soft Q1 with gold missing cons/RBC by 5%/8% has EVN tracking below FY26 guidance in a potentially 1H heavy production year. "Plus some project details have been omitted, potentially creating some uncertainty. 100% Q1 production of 174koz
@Filapek
Rudi Filapek-Vandyck @Filapek
8h
RBC Capital on Paladin Energy $PDN: "Paladin delivered another solid operational quarter at Langer Heinrich, reinforcing confidence in its ability to achieve nameplate capacity by end-FY26. "With production and mining execution improving, Paladin has emerged as one of the few
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
E&P on Catapult $CAT: "Catapult has announced an intended acquisition and associated equity raising, as well as a trading update. "Overall the acquisition looks like a logical fit for the company, with key strengths in soccer and capabilities that are adjacent to, and
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
From RBC Capital: "We think this is an extremely important reporting season. "Despite the recent Fed cut and the anticipation of more to cuts to come, there’s been no valuation expansion in the S&P 500 of late as bottom-up forward P/Es have been unable to make new highs since
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
Data centres can make no money? Gotta laugh about some sticky narratives that catch clueless investors' conviction. https://t.co/yQMhHQhO6K #datacenters #investing #XJO #equities #stocks
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
Stephen Innes, SPI Asset Management: "Twenty-five years on, analysts still see ghosts in the tape. The moment Nasdaq flirts with new highs, the cry goes up: “Bubble!” The word is meant to sound prudent, but it’s often just lazy nostalgia dressed as wisdom. The truth is more
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
Indeed! 👇👇 https://t.co/EbWQoyw7sL
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
RBC Capital on Tech1 $TNE: "We left the Investor Day impressed with the launch of TNE’s new PLUS AI product which surpassed our expectations in terms of the depth of enhancements and clear customer benefits. "This is the first AI product demonstration we've seen amongst our ASX
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    15 October 2025   Updated : 16:42   AEDT

    SPI Overnight

    8994.00

    +74.00

    0.83%

    NZ50

    13307.400

    +30.410

    0.230%

    All Ordinaries

    9299.00

    +90.50

    0.98%

    S&P ASX 200

    8990.90

    +91.50

    1.03%

    S&P ASX 300

    8948.50

    +89.20

    1.01%

    Communication Services

    1830.50

    +4.10

    0.22%

    Consumer Discretionary

    4385.40

    +18.40

    0.42%

    Consumer Staples

    11538.70

    +19.20

    0.17%

    Energy

    8225.60

    -4.60

    -0.06%

    Financials

    9663.00

    +118.60

    1.24%

    Health Care

    39154.80

    +794.20

    2.07%

    Industrials

    8642.90

    +58.30

    0.68%

    Info Technology

    2874.70

    +12.00

    0.42%

    Materials

    19958.00

    +286.80

    1.46%

    Real Estate

    4067.90

    +7.10

    0.17%

    Utilities

    10001.70

    +112.20

    1.13%

    A-REITs

    1870.40

    +2.80

    0.15%

    All Technology Index

    4171.70

    +21.50

    0.52%

    Banks

    4155.50

    +60.70

    1.48%

    Gold Index

    17199.70

    +17.60

    0.10%

    Metals & Mining

    6830.80

    +88.30

    1.31%

    Click item/line to change chart

  • Australasia

    15 October 2025   Updated : 16:42   AEDT

    AUD/USD

    0.6517

    +0.01

    0.96%

    AUD/NZD

    1.1391

    +0.00

    0.39%

    NZD/USD

    0.5721

    +0.00

    0.56%

    AUD/JPY

    98.54

    +0.38

    0.39%

    SGD/AUD

    1.18

    -0.01

    -0.55%

    AUD/EUR

    0.5606

    +0.00

    0.38%

    AUD/GBP

    0.4879

    +0.00

    0.37%

    AUDCAD

    0.9147

    +0.01

    0.77%

  • World

    15 October 2025   Updated : 16:42   AEDT

    CAD/USD

    0.7125

    +0.00

    0.18%

    EUR/JPY

    175.73

    -0.03

    -0.02%

    EUR/USD

    1.1625

    +0.01

    0.58%

    GBP/USD

    1.3357

    +0.01

    0.59%

    USD/JPY

    151.20

    -0.88

    -0.58%

    Click item/line to change chart

  • World

    15 October 2025   Updated : 16:42   AEDT

    FTSE100

    9452.77

    +9.90

    0.10%

    DAX30

    24236.94

    -150.99

    -0.62%

    Hang Seng

    25857.24

    +415.89

    1.63%

    Nikkei 225

    47720.88

    +873.56

    1.86%

    DJIA

    46270.46

    +202.88

    0.44%

    S&P500

    6644.31

    -10.41

    -0.16%

    Nasdaq Comp

    22521.70

    -172.91

    -0.76%

    S&P500 VIX

    20.81

    +1.78

    9.35%

    US 10-year yield

    4.022

    -0.029

    -0.720%

    USD Index

    98.79

    -0.25

    -0.25%

  • Aus Stocks

    15 October 2025   Updated : 16:42   AEDT

    Amcor (US)

    8.10

    +0.12

    1.50%

    Newmont (US)

    90.54

    +1.14

    1.28%

    Rio Tinto (UK)

    5050.00

    -32.00

    -0.63%

    BHP Group (US)

    56.42

    +0.71

    1.27%

    Rio Tinto (US)

    68.22

    +0.06

    0.09%

    ResMed (US)

    270.07

    -2.94

    -1.08%

    South32 (UK)

    155.80

    +2.80

    1.83%

    James Hardie (US)

    22.41

    +0.97

    4.52%

    Janus Henderson (US)

    43.86

    +0.65

    1.50%

    Click item/line to change chart

  • Metals & Minerals

    15 October 2025   Updated : 07:15   AEDT

    Gold (oz)

    4161.25

    +36.05

    0.87%

    Silver (oz)

    50.32

    -0.17

    -0.34%

    Copper (lb)

    4.9955

    -0.14

    -2.68%

    Aluminium (lb)

    1.2460

    -0.01

    -0.85%

    Nickel (lb)

    6.8217

    0.00

    -0.03%

    Zinc (lb)

    1.3370

    -0.03

    -2.50%

    Copper (t)

    11006.78

    -290.93

    -2.58%

    Aluminium (t)

    2746.10

    -23.70

    -0.86%

    Nickel (t)

    15035.00

    -5.00

    -0.03%

    Zinc (t)

    2946.65

    -75.80

    -2.51%

    Uranium (lb) weekly

    79.00

    -2.25

    -2.77%

    Iron Ore (t)

    105.25

    -1.28

    -1.20%

  • Energy

    15 October 2025   Updated : 07:15   AEDT

    West Texas Crude

    58.49

    -1.13

    -1.90%

    Brent Crude

    62.15

    -1.30

    -2.05%

CALENDAR

Wednesday, 15 October 2025
AU Westpac Leading Index
JP Aug Industrial production
CH Sept CPI, PPI
EZ Aug Industrial Prod'n
US Fed Beige Book
AIASept Traffic Update
AUIAGM
BOQFY25 Result
BVSAGM
CBAAGM
CDMex-div 3c (100%)
CDOex-div 7c (100%)
EVN1Q26 Update

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon up$36.01

CSLCSL LIMITED

market icon up$216.45

REAREA GROUP LIMITED

market icon up$220.38

TNETECHNOLOGY ONE LIMITED

market icon down$39.51

WOWWOOLWORTHS GROUP LIMITED

market icon up$25.96

WEEKLY PDF

Stories To Read From FNArena


WEEK 41
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WEEK 40
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WEEK 39
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WEEK 38
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WEEK 37
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FNARENA TALKS

FNARENA WINDOWS

Window on INFRASTRUCTURE & UTILITIES

$2.3bn Battery Subsidy Reshaping Australia’s Energy Stocks

Australia’s clean energy landscape is being reshaped by the federal government’s $2.3bn Cheaper Home Batteries program

2:44 PM


Window on CLOUD SERVICES

DigiCo Deals Diminish Doubts

Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

11:38 AM


Window on FOOD, BEVERAGES & TOBACCO

Enthusiasm For Treasury Wine Runs Dry

Caught in a nexus of falling Chinese demand and Californian distribution travails, Treasury Wine withdraws earnings guidance

10:30 AM


GEN AI

DigiCo Deals Diminish Doubts

Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

11:38 AM


FEATURE STORIES

Rudi’s Comprehensive August 2025 Review

A compilation of stories relating to the August 2025 corporate reporting season in Australia, including FNArena’s final balance for the season

Oct 09 2025