Daily FNArena News - Australia

Most Australian stockbrokers simply cannot get excited about Australian Pharmaceutical Industries.

Long-term growth potential and less cyclical nature of its operations reason enough for Credit Suisse to initiate coverage on Mac Services Group with an Outperform.

The August update for Westpac’s leading index for Australia added more fuel on general expectations of strong growth recovery in 2010.

Commonwealth Bank suggests Oz housing affordability will decline in coming years as house prices will continue to rise.

The time for caution ended at the RBA’s monetary policy meeting this month, as the time for action had arrived. A review of the minutes of that meeting.

Oil Search’s surprise share placement is having an impact on stockbroker valuations for the stock.

RBS Australia sees growth in Talent2 from the outsourcing division and a turnaround in recruitment operations.

Brokers see little further chance for outperformance by Harvey Norman.

Comparing the current crisis to past experiences doesn’t give us a road map, but it does point out some of the pitfalls that need to be avoided.

Forecasts and price targets are again on the move for Australia’s top-performing retailer.