Daily FNArena News - Australia

Both credit Suisse and Deutsche bank have reviewed the Australian pathology sector to account for changes in market conditions and expectations.

Consumer confidence in Australia has bounced in a much stronger fashion than was expected.

National Australia Bank’s Monthly Business Survey for June showed business oconfidence levels were steady as conditions improved slightly.

A snapshot of economist responses to today’s housing finance data and the inflationary case for a rate hike next month.

Macquarie believes the market is missing the point as it upgrades Westpac and revisits its conviction calls. RBC updates its resource sector preferences. Morgan Stanley looks at small caps.

Credit Suisse has joined UBS in covering iron ore play Gindalbie Metals, both brokers rating the stock as a Buy given valuation upside and leverage to iron ore prices.

Popular economist Cliff Bennett calls the bottom while RBS expects solid returns from here. But Morgan Stanley’s bank analysts remain wet blankets.

A snapshot of economist responses to today’s stronger than expected Australian labour market data for June.

Zircon market fundamentals are improving reports GSJB Were and BA Merrill Lynch has reinstated coverage on Iluka with a Buy.

Silver Chef is effectively a finance company providing small industrial equipment solutions, enjoying strong growth and paying an enviable yield.