Daily FNArena News - Australia

SMS Management & Technology posted a soid earnings result and with its markets improving and growth options brokers remain positive on the outlook for the stock.

At around 2.6%, the yield on the US ten-year bond is now low enough to alarm global stock markets. The head of research at NAB addresses concerns.

A snapshot of economist responses to today’s Oz Wage Price Index for the June quarter, the smaller than expected increase suggesting wages are unlikely to pressure the RBA on rates in coming months.

Primary Health Care delivered a disappointing full year earnings result and despite cutting forecasts brokers continue to see earnings risk to the downside in FY11.

The leading indicator from Westpac-MI suggests growth overall is slowing but should remain high in the months ahead.

The ANZ Bank has updated its views on Australian property markets, forecasting low single digit housing price growth in 2011 and mixed conditions in commercial property markets.

A Canadian bid for AWB exposes value in Australia’s beaten down agricultural sector while possibly threatening local fertiliser producers.

Leighton Holdings delivered a solid full year profit result and is expected to continue growing work-in-hand but brokers have different views on the earnings growth outlook for the company.

There were no surprises in the RBA minutes, with healthy domestic growth offset by low inflation and ongoing global uncertainty.

Expert commentary on the Australian corporate results season can be conflicting and confusing. So here’s our impartial assessment.