Woodside Petroleum has downgraded production for 2013 on the back of a shut-in at Pluto and delay at Vincent. Brokers review the outlook and dividend implications as a result.
Brokers have welcomed Brambles’ decision to spin off Recall, allowing two different businesses to go their separate ways.
Pressures on retailer sales from online competition have been well flagged but it also translates to shopping centre income and yields, in BIS Shrapnel’s view.
A wrap of the day’s activity on the Australian stock market.
The bursting of the Australian stock yield bubble has brought bank valuations back to more reasonable levels.
QBE’s transformation plans are going well and brokers are upbeat about the transition to Manila operations, with upside risk to cost savings.
A wrap of the day’s activity on the Australian stock market.
Australia had it easy while the rest of the world suffered the GFC and its jobs market, but it looks like we’re set to catch up.
BIS Shrapnel sees the residential property market quite mixed over the next three years. Star performers WA and NT will lose some gloss while NSW and Qld are the improvers.
Weekly update on recommendation, target price, and earnings forecast changes.