FINANCIAL NEWS

Material Matters: Agriculture, LNG, Oil & Gold

A glance through the latest expert views and predictions about commodities: El Nino’s impact on agriculture and on LNG; the outlook for oil; marginal gold producers

11:50 AM


Australian Broker Call *Extra* Edition – Jul 08, 2026

Extra Edition of the Broker Call Report

10:45 AM


Technical Views On Nasdaq, ASX200 & Oil

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

10:30 AM


Rudi’s View: A-REITs, Banks & Miners

Fresh into the new financial year; a closer look into two of the dominant sectors on the ASX, plus A-REITs

10:00 AM


The Overnight Report: Semis & SpaceX Decline

A global perspective on what happened overnight

8:35 AM


Citi rates IFT as Buy

Post investor queries, Citi ranks its preferred infrastructure plays. Infratil is the most preferred due to the robust outlook across data centres and renewable exposures. These are expected to generate earnings growth and a lift in net asset value.

APA ((APA)) is the second most preferred exposure with the assistance from CPI-linked income growth and a robust circa 8% free cash flow yield with around a 3% CAGR to FY30. Upside from future gas projects, including Beetaloo and data centre projects are also noted.

Citi is Neutral on Auckland International Airport ((AIA)) due to pressure on Air New Zealand's capacity. Toll road operators, Transurban ((TCL)) and Atlas Arteria ((ALX)) are viewed as offering "limited" near term upside.

Infratil is Buy rated with a $15.18 target.

Macquarie rates ORA as Downgrade to Neutral from Outperform

Macquarie suspects the tough conditions are likely to continue for some time for Saverglass, reflecting weak demand and adverse price/mix.

Orora has not indicated any change in guidance since its April update and the broker retains FY27 estimates for EPS that are -16% below consensus.

Saverglass continues to experience the effects of de-premiumisation and a material negative impact on profit. Macquarie now forecasts EUR57m in FY27 European earnings, down -11% on the prior corresponding period.

A Middle East peace deal and lower oil prices are not expected to manifest until the second half of FY27. A 5% buyback is factored in to the broker's estimates and the target is lowered to $1.55 from $1.90. Rating is downgraded to Neutral from Outperform.

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

$35.44

07 Jul
2026

market green arrow 0.440

OPEN

$35.03

market green arrow 1.26%

HIGH

$35.44

3,041,949

LOW

$34.84

TARGET
$34.517-2.6% 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 198.2 246.7 xxx
DPS (cps)xxx 166.0 166.8 xxx
EPS Growthxxx - 9.1% 24.5% xxx
DPS Growthxxx 0.0% 0.5% xxx
PE Ratioxxx N/A 14.2 xxx
Dividend Yieldxxx N/A 4.7% xxx
Div Pay Ratio(%)xxx 83.8% 67.6% xxx

FOLLOW US ON SOCIAL MEDIA

9.1K Followers
26.6K Posts
@Filapek
Rudi Filapek-Vandyck@Filapek
8h
Meanwhile on the ASX... you think daily share prices are moving with more volatility, on average, than even 3, 4 years ago?... Taking a longer-term view while one's Portfolio is getting belted seems like the new requirement that comes along every few days (used to be at much
@Filapek
Rudi Filapek-Vandyck@Filapek
8h
Social media is having SO MUCH FUN https://t.co/OeAfoKdnmT
@Filapek
Rudi Filapek-Vandyck@Filapek
7h
RBC Capital on ResMed $RMD: "Since COVID the MatrixCare business has underperformed and management had been undertaking a strategic review of its Residential Care Software business, so today's announcement to sell MatrixCare does not come as a surprise. "However the sale price
@Filapek
Rudi Filapek-Vandyck@Filapek
5h
RBC Capital on Netwealth $NWL: "NWL's announcement that it will be expanding its existing relationship with Morgan Stanley Wealth Management Australia (MSWMA) should provide NWL with a FUA tailwind as assets are transitioned away from MSWMA's legacy platform. "While longer term
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
RBC Capital on WiseTech Global $WTC: "We see Murphy's elevation to Independent Chair as another step in the right direction towards addressing WiseTech's alleged governance concerns, which have been recently revived on media allegations of trafficking and insider trading, as
@Filapek
Rudi Filapek-Vandyck@Filapek
16h
Goldman Sachs on BlueScope Steel: "We are reinstating a rating on BSL at Buy, with a A$37.7/sh PT. "BSL benefits from near-term positive steel price, spreads and earnings momentum, a strong balance sheet and improving FCF and longer-term margin and growth outlook, and is
@Filapek
Rudi Filapek-Vandyck@Filapek
16h
RBC Capital on Netwealth $NWL: "NWL has provided preliminary results for FY26, initial guidance for FY27 and a long term FY30 outlook. "The update is mixed, but skews negative against current consensus. "The positives: FY27 and FY30 net flows targets are higher than expected.
@Filapek
Rudi Filapek-Vandyck@Filapek
3d
Oxford Economics: "Without the AI boom, world trade growth would be much weaker – we estimate it would have averaged just 2.3% y/y from Q2 2025 to Q1 2026, half the actual pace. "But the AI boom is also a potential downside risk. In the dotcom bust, US imports fell at a
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
FIND FNARENA ON

DAILY FINANCIAL NEWS

Material Matters: Agriculture, LNG, Oil & Gold

A glance through the latest expert views and predictions about commodities: El Nino’s impact on agriculture and on LNG; the outlook for oil; marginal gold producers

11:50 AM - Commodities


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

10:30 AM - Technicals


Environmental approvals for Capricorn Metals’ significant Mt Gibson gold project have taken much longer than thought, but there might just be light now at the end of the tunnel

Jul 07 2026 - Commodities


ResMed appears to have formed a technical bottom after breaking above key resistance, Fairmont Equities’ Michael Gable reports

Jul 07 2026 - Technicals


The Resources sector powered the ASX200 higher in FY26, but June featured falling commodity prices and investors rotating into the laggards

Jul 07 2026 - Australia


The regulator has proposed a significant cut to digital conveyancer Pexa Group’s service fees but the company intends to fight back

Jul 06 2026 - Australia


rudi fnarena picture

RUDI'S VIEWS

Rudi’s View: A-REITs, Banks & Miners

Fresh into the new financial year; a closer look into two of the dominant sectors on the ASX, plus A-REITs

10:00 AM

DAILY MARKET REPORTS

Australian Broker Call *Extra* Edition – Jul 08, 2026

Extra Edition of the Broker Call Report

10:45 AM


The Overnight Report: Semis & SpaceX Decline

A global perspective on what happened overnight

8:35 AM


Today’s Financial Calendar – 08-07-2026

Significant Scheduled Events For 08 July, 2026

8:15 AM


ASX Winners And Losers Of Today – 07-07-26

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

Jul 07 2026


The Overnight Report: Dow Hits Another Record

A global perspective on what happened overnight

Jul 07 2026


Today’s Financial Calendar – 07-07-2026

Significant Scheduled Events For 07 July, 2026

Jul 07 2026


ASX Winners And Losers Of Today – 06-07-26

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

Jul 06 2026


WEEKLY REPORTS

Uranium Week: Boss Energy’s Upside Surprise

Boss Energy’s latest update delivered a pleasant surprise. Meanwhile, structural U308 supply deficits and accelerating nuclear demand should support higher long-term prices

Jul 07 2026

Weekly Update On LICs & LITs – 07-Jul-2026

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

Jul 07 2026

Australian Listed Real Estate Tables – 06-07-2026

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

Jul 06 2026


Weekly Ratings, Targets, Forecast Changes – 03-07-26

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

Jul 06 2026

Next Week At A Glance – 6-10 Jul 2026

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

Jul 03 2026

Weekly Top Ten News Stories – 3 July 2026

Our top ten news stories from 25 June 2026 to 02 July 2026

Jul 03 2026


In Case You Missed It – BC Extra Upgrades & Downgrades – 03-07-26

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

Jul 03 2026

In Brief: Perpetual, Qualitas, Autosports, EchoIQ

This weeks In Brief presents a disparate selection of themes; takeovers, AI, downgrades and bright stars – the variation almost characterises the shape of the market

Jul 03 2026

The Short Report – 02 Jul 2026

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

Jul 02 2026


9.1K Followers
26.6K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
Meanwhile on the ASX... you think daily share prices are moving with more volatility, on average, than even 3, 4 years ago?... Taking a longer-term view while one's Portfolio is getting belted seems like the new requirement that comes along every few days (used to be at much
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
Social media is having SO MUCH FUN https://t.co/OeAfoKdnmT
@Filapek
Rudi Filapek-Vandyck @Filapek
2h
RBC Capital on ResMed $RMD: "Since COVID the MatrixCare business has underperformed and management had been undertaking a strategic review of its Residential Care Software business, so today's announcement to sell MatrixCare does not come as a surprise. "However the sale price
@Filapek
Rudi Filapek-Vandyck @Filapek
4h
RBC Capital on Netwealth $NWL: "NWL's announcement that it will be expanding its existing relationship with Morgan Stanley Wealth Management Australia (MSWMA) should provide NWL with a FUA tailwind as assets are transitioned away from MSWMA's legacy platform. "While longer term
@Filapek
Rudi Filapek-Vandyck @Filapek
23h
RBC Capital on WiseTech Global $WTC: "We see Murphy's elevation to Independent Chair as another step in the right direction towards addressing WiseTech's alleged governance concerns, which have been recently revived on media allegations of trafficking and insider trading, as
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Goldman Sachs on BlueScope Steel: "We are reinstating a rating on BSL at Buy, with a A$37.7/sh PT. "BSL benefits from near-term positive steel price, spreads and earnings momentum, a strong balance sheet and improving FCF and longer-term margin and growth outlook, and is
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Netwealth $NWL: "NWL has provided preliminary results for FY26, initial guidance for FY27 and a long term FY30 outlook. "The update is mixed, but skews negative against current consensus. "The positives: FY27 and FY30 net flows targets are higher than expected.
@Filapek
Rudi Filapek-Vandyck @Filapek
4d
Oxford Economics: "Without the AI boom, world trade growth would be much weaker – we estimate it would have averaged just 2.3% y/y from Q2 2025 to Q1 2026, half the actual pace. "But the AI boom is also a potential downside risk. In the dotcom bust, US imports fell at a
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    08 July 2026   Updated : 12:12   AEDT

    SPI Overnight

    8743.00

    -39.00

    -0.44%

    NZ50

    13683.380

    -79.410

    -0.580%

    All Ordinaries

    8904.20

    -100.50

    -1.12%

    S&P ASX 200

    8709.80

    -94.10

    -1.07%

    S&P ASX 300

    8643.70

    -95.10

    -1.09%

    Communication Services

    1601.90

    -29.00

    -1.78%

    Consumer Discretionary

    3947.80

    -10.60

    -0.27%

    Consumer Staples

    13130.10

    +75.70

    0.58%

    Energy

    9608.20

    +230.10

    2.45%

    Financials

    9413.00

    -74.80

    -0.79%

    Health Care

    27170.60

    -226.40

    -0.83%

    Industrials

    8318.00

    -98.30

    -1.17%

    Info Technology

    1792.20

    -47.40

    -2.58%

    Materials

    22664.70

    -613.20

    -2.63%

    Real Estate

    3584.10

    -3.00

    -0.08%

    Utilities

    9292.40

    +90.90

    0.99%

    A-REITs

    1667.50

    -1.50

    -0.09%

    All Technology Index

    3004.10

    -64.80

    -2.11%

    Banks

    3950.30

    -28.70

    -0.72%

    Gold Index

    15372.50

    -413.00

    -2.62%

    Metals & Mining

    7781.70

    -215.50

    -2.69%

    Click item/line to change chart

  • Australasia

    08 July 2026   Updated : 12:12   AEDT

    AUD/USD

    0.6938

    0.00

    -0.07%

    AUD/NZD

    1.2174

    0.00

    -0.25%

    NZD/USD

    0.5698

    +0.00

    0.16%

    AUD/JPY

    112.66

    +0.22

    0.20%

    SGD/AUD

    1.11

    0.00

    -0.03%

    AUD/EUR

    0.6083

    +0.00

    0.10%

    AUD/GBP

    0.5197

    +0.00

    0.10%

    AUDCAD

    0.9851

    0.00

    -0.19%

  • World

    08 July 2026   Updated : 12:12   AEDT

    CAD/USD

    0.7042

    +0.00

    0.11%

    EUR/JPY

    185.21

    +0.19

    0.10%

    EUR/USD

    1.1406

    0.00

    -0.18%

    GBP/USD

    1.3351

    0.00

    -0.16%

    USD/JPY

    162.37

    +0.43

    0.27%

    Click item/line to change chart

  • World

    08 July 2026   Updated : 12:12   AEDT

    FTSE100

    10665.88

    +14.11

    0.13%

    DAX30

    25465.25

    -352.64

    -1.37%

    Hang Seng

    23890.53

    +393.64

    1.68%

    Nikkei 225

    67741.93

    -515.03

    -0.75%

    NZ50

    13683.380

    -79.410

    -0.580%

    DJIA

    52925.15

    -130.76

    -0.25%

    S&P500

    7503.85

    -33.58

    -0.45%

    Nasdaq Comp

    25818.69

    -302.47

    -1.16%

    S&P500 VIX

    16.13

    +0.56

    3.60%

    US 10-year yield

    4.529

    +0.050

    1.120%

    USD Index

    100.63

    +0.01

    0.01%

  • Aus Stocks

    08 July 2026   Updated : 12:12   AEDT

    Amcor (US)

    44.45

    -0.17

    -0.38%

    Newmont (US)

    95.06

    -3.14

    -3.20%

    Rio Tinto (UK)

    6827.03

    -208.97

    -2.97%

    BHP Group (US)

    80.23

    -3.41

    -4.08%

    Rio Tinto (US)

    91.25

    -2.33

    -2.49%

    ResMed (US)

    219.75

    +1.35

    0.62%

    South32 (UK)

    210.00

    -8.80

    -4.02%

    James Hardie (US)

    25.05

    -0.57

    -2.22%

    Janus Henderson (US)

    51.95

    -0.02

    -0.04%

    Click item/line to change chart

  • Metals & Minerals

    07 July 2026   Updated : 07:19   AEDT

    Gold (oz)

    4176.05

    -11.25

    -0.27%

    Silver (oz)

    62.48

    -0.33

    -0.53%

    Copper (lb)

    6.2500

    +0.03

    0.42%

    Aluminium (lb)

    1.4116

    +0.01

    0.58%

    Nickel (lb)

    7.2890

    -0.02

    -0.31%

    Zinc (lb)

    1.6257

    +0.02

    0.94%

    Copper (t)

    13775.00

    +57.30

    0.42%

    Aluminium (t)

    3111.25

    +17.95

    0.58%

    Nickel (t)

    16065.00

    -50.00

    -0.31%

    Zinc (t)

    3583.15

    +33.55

    0.95%

    Uranium (lb) weekly

    85.00

    0.00

    0.00%

    Iron Ore (t)

    98.30

    +0.05

    0.05%

  • Energy

    07 July 2026   Updated : 07:19   AEDT

    West Texas Crude

    68.60

    -0.18

    -0.26%

    Brent Crude

    72.06

    -0.06

    -0.08%

CALENDAR

Wednesday, 8 July 2026
NZ RBNZ rate decision
JP May BoP, Trade Bal
US June FOMC mins
A2Mex-div 28.76c (100%)
A2Mex-div 5.08c (100%)
CGSQtrly update
Thursday, 9 July 2026
NZ June Mfg PMI
CH June PPI, CPI
US June existing home sales
Friday, 10 July 2026
NZ Public Holiday
JP June PPI

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$26.32

REAREA GROUP LIMITED

market icon down$146.69

RMDRESMED INC

market icon down$31.30

TNETECHNOLOGY ONE LIMITED

market icon down$30.45

WOWWOOLWORTHS GROUP LIMITED

market icon up$39.57

WEEKLY PDF

Stories To Read From FNArena


WEEK 27
icon pdf

WEEK 26
icon pdf

WEEK 25
icon pdf

WEEK 24
icon pdf

WEEK 23
icon pdf

FNARENA TALKS

FNARENA WINDOWS

Window on COMMODITIES

Material Matters: Agriculture, LNG, Oil & Gold

A glance through the latest expert views and predictions about commodities: El Nino’s impact on agriculture and on LNG; the outlook for oil; marginal gold producers

11:50 AM


Window on URANIUM

Uranium Week: Boss Energy’s Upside Surprise

Boss Energy’s latest update delivered a pleasant surprise. Meanwhile, structural U308 supply deficits and accelerating nuclear demand should support higher long-term prices

Jul 07 2026


Window on GOLD & SILVER

Capricorn Metals’ Wait Is (Almost) Over

Environmental approvals for Capricorn Metals’ significant Mt Gibson gold project have taken much longer than thought, but there might just be light now at the end of the tunnel

Jul 07 2026


FEATURE STORIES

Australian Banks, Bad Debts And The Budget

The March quarter turned sour for the banks and bad debt provisions were increased, ahead of a federal budget that will have significant impact on mortgage demand

May 20 2026