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.
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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 |
---|---|---|---|
$35.91 14 Oct |
OPEN $36.02 |
HIGH $36.94 | 8,412,463 LOW $35.72 |
TARGET | |||
$30.953-13.8% downside | |||
Franking for last dividend paid out: 100% |
Title | FY23 Actual | FY24 Actual | FY25 Forecast | FY26 Forecast |
---|---|---|---|---|
EPS (cps) | xxx | 218.0 | 216.0 | xxx |
DPS (cps) | xxx | 166.0 | 161.0 | xxx |
EPS Growth | xxx | - 8.0% | - 0.9% | xxx |
DPS Growth | xxx | - 5.1% | - 3.0% | xxx |
PE Ratio | xxx | N/A | 16.7 | xxx |
Dividend Yield | xxx | N/A | 4.5% | xxx |
Div Pay Ratio(%) | xxx | 76.2% | 74.5% | xxx |
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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
PR NEWSWIRE
MOVUS to Launch PlantOS™ at IMARC 2025 — Prescriptive AI – assisted Decision system for Mining Plant operations
9:30 AM - PR NewsWire
Drata Expands Global Footprint, Bringing AI-Powered Trust Management to the Asia-Pacific Region
6:00 AM - PR NewsWire
Telix Reports US$206M Revenue, FY 2025 Guidance Upgraded
Oct 14 2025 - PR NewsWire

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
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
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
THE MARKETS
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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