Daily FNArena News - Australia

While corporate earnings in Australia and globally are likely to be revised lower in coming months there still appears to be value in equities at current levels.

Forecast earnings downgrades continue for Aussie banks, but are they all priced in now?

Today’s statement released by the RBA suggests the reserve bank is happy to sit on the sidelines and to stay there.

The Reserve Bank of Australia left the official cash rate unchanged at 4.50% at its meeting this week.

A snapshot of economist responses to today’s TD Securities inflation gauge and ANZ’s job ads survey.

There’s value up for grabs among Australia’s small caps stocks, stockbrokers say.

Westpac suggests Australia is undergoing a sea change in consumer behaviour, which brokers see as having an impact on operations for retailers of consumer discretionary items in particular.

BA Merrill Lynch has initiated coverage on PanAust with a Buy rating, attracted to the combination of leverage to copper prices and production growth going forward.

The Australian government and the miners and energy companies have reached an agreement on a new tax regime.

A snapshot of economist responses to today’s as expected Australian retail sales and weaker than expected building approvals data for May.