FINANCIAL NEWS

Crude Oil: What’s next?

Crude oil has had a terrible time post its March 2022 peak and while commodities sentiment is rising, charts and history suggest the next bull market for oil requires a much deeper sell-off first, DeCarleyTrading.com’s Carley Garner reports

11:18 AM


ASIC Watch: 2026 Priorities Target Private Credit & Unlisted Asset Opacity

This story features regulatory enforcement priorities affecting private credit providers, superannuation funds, asset managers, banks, and general insurers across both listed and unlisted sectors

11:00 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


COG Financial Firing On All Cylinders

Analysts forecast solid earnings growth for all divisions of COG Financial Services over FY26-27

10:00 AM


The Overnight Report: Nasdaq Up, Oil Down

A global perspective on what happened overnight

8:50 AM


Citi rates EVN as Neutral

Citi updated its forecast on the gold price, maintaining its view for "peak gold" in 1Q2026, but lifting long-term price forecast to US$3,200/oz from US$3,000/oz. 

The broker increased earnings forecasts for gold stocks by 20-30% for 2026-27, resulting in a lift in target prices. Citi believes structural risks, including US debt, USD status, Fed independence, will underpin prices.

The broker highlights gold equities imply US$2,950-3,650/oz via NAV/share prices versus spot around US$4,200/oz.

Target for Evolution Mining rises to $12.70 from $11.00. Neutral maintained.

The broker also shifted its view, now preferring Northern Star over Evolution Mining.

UBS rates NSR as Downgrade to Neutral from Buy

The previously confirmed offer by a consortium led by GIC-Brookfield for 100% of National Storage REIT has now progressed to a Scheme Implementation Deed.

As background, securityholders are offered $2.86 cash per security, reduced by the 6.0c 1H26 distribution. UBS notes National Storage REIT's board unanimously recommends voting in favour, subject to no superior offer and a positive independent expert report.

Completion is targeted for April 2026, with the broker seeing low risk of the transaction breaking at this stage.

Given limited upside to the bid, target rises to $2.80 from $2.57. Rating downgraded to Neutral from Buy.

Bell Potter rates RAD as Speculative Buy

Radiopharm Theranostics published an interim readout from the first 12 patients in a phase 2b study of RAD101 PET/MRI for detecting recurrence in intracranial metastases.

It showed 11/12 met the primary endpoint (agreement with gadolinium MRI), with case examples showing strong, selective tumour uptake and clear contrast, Bell Potter highlights.

Recruitment continues, with full 30-patient data plus 6-month MRI/biopsy confirmation expected mid-2026, supporting plans for a pivotal trial starting late 2026, the broker notes.

Speculative Buy. Target rises to 6c from 5c as the broker reckons the interim data considerably derisks future revenue stream.

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

$36.11

16 Dec
2025

market red arrow -0.130

OPEN

$36.55

market red arrow -0.36%

HIGH

$37.02

4,693,625

LOW

$35.91

TARGET
$33.515-7.2% downside
Franking for last dividend paid out: 70%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 245.2 xxx
DPS (cps)xxx 166.0 167.4 xxx
EPS Growthxxx - 9.1% 23.7% xxx
DPS Growthxxx 0.0% 0.8% xxx
PE Ratioxxx N/A 14.7 xxx
Dividend Yieldxxx N/A 4.7% xxx
Div Pay Ratio(%)xxx 83.8% 68.3% xxx

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@Filapek
Rudi Filapek-Vandyck@Filapek
10h
I got absolutely zilch, zero, nada. Probably showing my age 😉 https://t.co/cyQAI9RacW
@Filapek
Rudi Filapek-Vandyck@Filapek
10h
"At this stage, however, we still seem in the early-to-mid stages of a potential bubble. Demand for AI computing capacity is still outstripping supply, equity valuations are still far from dot-com peaks and balance sheets of the major players are not under major strain."
@Filapek
Rudi Filapek-Vandyck@Filapek
9h
"On the back of AI capital investment and a potential productivity surge, the U.S. economy could eventually grow by 3%." Vanguard
@Filapek
Rudi Filapek-Vandyck@Filapek
8h
Earlier this week... $CSL update by Macquarie @FNArena#stockinfocus#XJO#equities#investi9nghttps://t.co/pORsXKkAqP
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@Filapek
Rudi Filapek-Vandyck@Filapek
7h
Profit warning from GrainCorp: "Today's downgrade to export trade expectations and grain retrievals is a clear negative hit to the prior ABARES narrative of improving cropping conditions and production outcomes for most of the 2025/26 Winter Crop. "Aligning the two narratives
@Filapek
Rudi Filapek-Vandyck@Filapek
18h
RBC Capital on Orica $ORI: "Orica's 2025 AGM commentary appears to be slightly more positive than the commentary provided at the FY2025 result on 13 November 2025 as the company stated that it had started the 2026 financial year with "strong" momentum as opposed to the November
@Filapek
Rudi Filapek-Vandyck@Filapek
20h
"As we enter the Fourth Industrial Revolution, we expect to see the influence of its general purpose technologies spread across the economy. Digitizing information into computer bytes defined the Third Industrial Revolution. "We anticipate the ever-more intelligent application
@Filapek
Rudi Filapek-Vandyck@Filapek
21h
Citi's research report title this morning: "Why we do not think Google real-estate ads will have a major impact on REA" $REA #investing#stockinfocus#equities#XJO
@Filapek
Rudi Filapek-Vandyck@Filapek
21h
"Our latest Global Risk Survey shows business optimism over economic prospects continues to gradually improve. This comes against the backdrop of an upturn in some activity indicators in the latter stages of this year. "More than a third of businesses expect the US AI boom to
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Oxford Economics: "China's K-shaped economic divergence is now flattening into a more broad-based slowdown, with high-tech manufacturing still outperforming but clearly decelerating, private investment contracting across manufacturing, construction, and services, property
FIND FNARENA ON

DAILY FINANCIAL NEWS

Crude Oil: What’s next?

Crude oil has had a terrible time post its March 2022 peak and while commodities sentiment is rising, charts and history suggest the next bull market for oil requires a much deeper sell-off first, DeCarleyTrading.com’s Carley Garner reports

11:18 AM - Commodities


This story features regulatory enforcement priorities affecting private credit providers, superannuation funds, asset managers, banks, and general insurers across both listed and unlisted sectors

11:00 AM - Australia


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

10:30 AM - Technicals


Analysts forecast solid earnings growth for all divisions of COG Financial Services over FY26-27

10:00 AM - Small Caps


It’s been a long road for medical device manufacturer ImpediMed, but analysts believe the company is now ready to increase scale

Dec 16 2025 - Small Caps


An exhaustion of sellers with a break out through previous resistance should pave the way for Macquarie shares to recover, Fairmont Equities’ Michael Gable reports

Dec 16 2025 - Technicals


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RUDI'S VIEWS

Rudi’s View: Copper, Aluminium & Technology (!)

This week’s updates on strategy and preferred stock picks

Dec 11 2025

DAILY MARKET REPORTS

The Overnight Report: Nasdaq Up, Oil Down

A global perspective on what happened overnight

8:50 AM


Today’s Financial Calendar – 17-12-2025

Significant Scheduled Events For 17 December, 2025

8:15 AM


ASX Winners And Losers Of Today – 16-12-25

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

Dec 16 2025


The Overnight Report: AI, Tech & Real Estate

A global perspective on what happened overnight

Dec 16 2025


Today’s Financial Calendar – 16-12-2025

Significant Scheduled Events For 16 December, 2025

Dec 16 2025


ASX Winners And Losers Of Today – 15-12-25

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

Dec 15 2025


Australian Broker Call *Extra* Edition – Dec 15, 2025

Extra Edition of the Broker Call Report

Dec 15 2025


WEEKLY REPORTS

Weekly Update On LICs & LITs – 16-Dec-2025

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

Dec 16 2025

Uranium Week: Sprott Buying & ASX Upgrades

Activity remained subdued with Sprott boosting interest on Tuesday last week which carried into Wednesday while sector analysts revisited U308 price forecasts and stocks

Dec 16 2025

Australian Listed Real Estate Tables – 15-12-2025

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

Dec 15 2025


Weekly Ratings, Targets, Forecast Changes – 12-12-25

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

Dec 15 2025

Next Week At A Glance – 15-19 Dec 2025

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

Dec 12 2025

In Case You Missed It – BC Extra Upgrades & Downgrades – 12-12-25

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

Dec 12 2025


Weekly Top Ten News Stories – 12 December 2025

Our top ten news stories from 04 December 2025 to 11 December 2025

Dec 12 2025

In Brief: Flight Centre, Audinate & Atturra

This week’s In Brief looks at three interesting companies with re-rating potential as restructuring, acquisitions align for a better growth outlook

Dec 12 2025

The Short Report – 11 Dec 2025

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

Dec 11 2025


9K Followers
25.8K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
33m
I got absolutely zilch, zero, nada. Probably showing my age 😉 https://t.co/cyQAI9RacW
@Filapek
Rudi Filapek-Vandyck @Filapek
48m
"At this stage, however, we still seem in the early-to-mid stages of a potential bubble. Demand for AI computing capacity is still outstripping supply, equity valuations are still far from dot-com peaks and balance sheets of the major players are not under major strain."
@Filapek
Rudi Filapek-Vandyck @Filapek
1h
"On the back of AI capital investment and a potential productivity surge, the U.S. economy could eventually grow by 3%." Vanguard
@Filapek
Rudi Filapek-Vandyck @Filapek
2h
Earlier this week... $CSL update by Macquarie @FNArena #stockinfocus #XJO #equities #investi9ng https://t.co/pORsXKkAqP
Tweet media
@Filapek
Rudi Filapek-Vandyck @Filapek
3h
Profit warning from GrainCorp: "Today's downgrade to export trade expectations and grain retrievals is a clear negative hit to the prior ABARES narrative of improving cropping conditions and production outcomes for most of the 2025/26 Winter Crop. "Aligning the two narratives
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Orica $ORI: "Orica's 2025 AGM commentary appears to be slightly more positive than the commentary provided at the FY2025 result on 13 November 2025 as the company stated that it had started the 2026 financial year with "strong" momentum as opposed to the November
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
"As we enter the Fourth Industrial Revolution, we expect to see the influence of its general purpose technologies spread across the economy. Digitizing information into computer bytes defined the Third Industrial Revolution. "We anticipate the ever-more intelligent application
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Citi's research report title this morning: "Why we do not think Google real-estate ads will have a major impact on REA" $REA #investing #stockinfocus #equities #XJO
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
"Our latest Global Risk Survey shows business optimism over economic prospects continues to gradually improve. This comes against the backdrop of an upturn in some activity indicators in the latter stages of this year. "More than a third of businesses expect the US AI boom to
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
Oxford Economics: "China's K-shaped economic divergence is now flattening into a more broad-based slowdown, with high-tech manufacturing still outperforming but clearly decelerating, private investment contracting across manufacturing, construction, and services, property
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    17 December 2025   Updated : 16:12   AEDT

    SPI Overnight

    8599.00

    -3.00

    -0.03%

    NZ50

    13295.910

    -129.040

    -0.960%

    All Ordinaries

    8868.30

    -12.30

    -0.14%

    S&P ASX 200

    8579.50

    -19.40

    -0.23%

    S&P ASX 300

    8536.50

    -16.10

    -0.19%

    Communication Services

    1723.50

    -5.60

    -0.32%

    Consumer Discretionary

    3950.80

    -28.70

    -0.72%

    Consumer Staples

    11550.00

    -144.90

    -1.24%

    Energy

    8314.90

    -118.20

    -1.40%

    Financials

    9106.90

    -51.70

    -0.56%

    Health Care

    33896.70

    -686.20

    -1.98%

    Industrials

    8350.80

    -30.00

    -0.36%

    Info Technology

    2125.20

    -24.70

    -1.15%

    Materials

    20790.90

    +319.50

    1.56%

    Real Estate

    3873.60

    -9.20

    -0.24%

    Utilities

    9671.50

    -81.00

    -0.83%

    A-REITs

    1783.50

    -3.60

    -0.20%

    All Technology Index

    3330.90

    -36.00

    -1.07%

    Banks

    3957.90

    -26.20

    -0.66%

    Gold Index

    18372.20

    +669.40

    3.78%

    Metals & Mining

    7129.30

    +122.50

    1.75%

    Click item/line to change chart

  • Australasia

    17 December 2025   Updated : 16:12   AEDT

    AUD/USD

    0.6616

    0.00

    -0.36%

    AUD/NZD

    1.1458

    0.00

    -0.17%

    NZD/USD

    0.5774

    0.00

    -0.19%

    AUD/JPY

    102.62

    -0.43

    -0.42%

    SGD/AUD

    1.17

    +0.00

    0.18%

    AUD/EUR

    0.5641

    0.00

    -0.16%

    AUD/GBP

    0.4940

    0.00

    -0.50%

    AUDCAD

    0.9114

    0.00

    -0.32%

  • World

    17 December 2025   Updated : 16:12   AEDT

    CAD/USD

    0.7259

    0.00

    -0.04%

    EUR/JPY

    181.93

    -0.46

    -0.25%

    EUR/USD

    1.1729

    0.00

    -0.20%

    GBP/USD

    1.3394

    +0.00

    0.15%

    USD/JPY

    155.12

    -0.09

    -0.06%

    Click item/line to change chart

  • World

    17 December 2025   Updated : 16:12   AEDT

    FTSE100

    9684.79

    -66.52

    -0.68%

    DAX30

    24076.87

    -153.04

    -0.63%

    Hang Seng

    25234.15

    -1.26

    0.00%

    Nikkei 225

    49321.79

    -61.50

    -0.12%

    NZ50

    13295.910

    -129.040

    -0.960%

    DJIA

    48114.26

    -302.30

    -0.62%

    S&P500

    6800.26

    -16.25

    -0.24%

    Nasdaq Comp

    23111.46

    +54.05

    0.23%

    S&P500 VIX

    16.48

    -0.02

    -0.12%

    US 10-year yield

    4.149

    -0.033

    -0.790%

    USD Index

    97.86

    -0.09

    -0.09%

  • Aus Stocks

    17 December 2025   Updated : 16:12   AEDT

    Amcor (US)

    8.32

    +0.07

    0.85%

    Newmont (US)

    98.03

    -1.66

    -1.67%

    Rio Tinto (UK)

    5667.00

    +35.00

    0.62%

    BHP Group (US)

    58.62

    -0.57

    -0.96%

    Rio Tinto (US)

    75.99

    +0.17

    0.22%

    ResMed (US)

    247.34

    -5.73

    -2.26%

    South32 (UK)

    170.00

    -2.80

    -1.62%

    James Hardie (US)

    20.28

    -0.10

    -0.49%

    Janus Henderson (US)

    45.01

    -0.32

    -0.71%

    Click item/line to change chart

  • Metals & Minerals

    17 December 2025   Updated : 08:18   AEDT

    Gold (oz)

    4331.25

    -3.45

    -0.08%

    Silver (oz)

    63.68

    -0.40

    -0.62%

    Copper (lb)

    5.3645

    -0.04

    -0.80%

    Aluminium (lb)

    1.3075

    +0.00

    0.28%

    Nickel (lb)

    6.4882

    -0.05

    -0.79%

    Zinc (lb)

    1.3769

    -0.02

    -1.75%

    Copper (t)

    11814.54

    -104.69

    -0.88%

    Aluminium (t)

    2881.70

    +7.80

    0.27%

    Nickel (t)

    14300.00

    -114.00

    -0.79%

    Zinc (t)

    3034.70

    -54.05

    -1.75%

    Uranium (lb) weekly

    77.15

    +1.40

    1.85%

    Iron Ore (t)

    106.36

    +0.26

    0.25%

  • Energy

    17 December 2025   Updated : 08:18   AEDT

    West Texas Crude

    55.05

    -1.40

    -2.48%

    Brent Crude

    58.85

    -1.49

    -2.47%

CALENDAR

Wednesday, 17 December 2025
AU Westpac-MI Leading Index
JP Nov Trade
UK Nov CPI and PPI
CIPGeneral Meeting
DNLAGM
HMYAGM
OPTInvestor Briefing/Webinar
RXLGeneral Meeting
Thursday, 18 December 2025
NZ 3Q GDP
EZ ECB MonPol Decision
US Nov CPI
US Nov Real Earnings

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$30.19

REAREA GROUP LIMITED

market icon down$182.76

RMDRESMED INC

market icon down$37.21

TNETECHNOLOGY ONE LIMITED

market icon down$27.14

WOWWOOLWORTHS GROUP LIMITED

market icon down$29.17

WEEKLY PDF

Stories To Read From FNArena


WEEK 50
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WEEK 46
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FNARENA TALKS

FNARENA WINDOWS

Window on ENERGY

Crude Oil: What’s next?

Crude oil has had a terrible time post its March 2022 peak and while commodities sentiment is rising, charts and history suggest the next bull market for oil requires a much deeper sell-off first, DeCarleyTrading.com’s Carley Garner reports

11:18 AM


Window on WEALTH MANAGEMENT & INVESTMENTS

ASIC Watch: 2026 Priorities Target Private Credit & Unlisted Asset Opacity

This story features regulatory enforcement priorities affecting private credit providers, superannuation funds, asset managers, banks, and general insurers across both listed and unlisted sectors

11:00 AM


Window on BUSINESS & CONSUMER CREDIT

COG Financial Firing On All Cylinders

Analysts forecast solid earnings growth for all divisions of COG Financial Services over FY26-27

10:00 AM


FEATURE STORIES

Australian Banks: Coming Home To Roost

Australia’s major banks once again largely met consensus forecasts in the November reporting season. The sector also has finally seen the sell-off warned of all year

Nov 27 2025