Daily FNArena News - Australia

NAB’s October Business Survey has made decision makers at the RBA a great deal more uncomfortable with the current low cash rate.

The thinking is sound and the time is right for AMP to take out AXA, analysts suggest, but the price will have to be higher.

NAB’s monthly Business Survey and Economic Outlook for October showed further gains in both business confidence and conditions, causing upward revisions to its growth forecasts.

Macquarie’s latest Taxi Tracker survey shows competition in the market is intensifying.

The ANZ Job Ads Series for October showed modest falls, leading the bank to suggest the RBA won’t lift rates again in December.

If the GFC were the Olympics, Australia would be leading the medal count, as it will probably be the only OECD economy to expand this year.

Transurban has rejected a $5.25 per share takeover bid form a pair of Canadian pension plans, but the game’s not over yet say brokers.

Australia’s exports were stronger than expected but economists suggest a stronger dollar is likely to see the deficit widen in coming months.

Westpac posted a solid result, as well it might do considering it and CBA now own almost half of all Australian mortgages.

Australian retail sales were surprisingly soft in September, increasing speculation of an RBA rate pause.