Daily FNArena News - Australia

The FY09 was OK, the FY10 outlook slightly disappointing, but Buys reign supreme in the broker assessments of Origin.

On Morgan Stanley’s estimates, Fortescue Metals needs to raise capital this year and any deal with the Chinese will dilute existing shareholdings.

Australian GDP rose by 0.6% in the June quarter, a better than expected result largely reflecting the impact of stimulus measures introduced by the Government.

Government stimulus overcame weakness elsewhere to ensure a positive June quarter of economic growth.

Within two short months, the RBA’s attitude has moved from ready to cut to ready to raise.

Credit Suisse has picked up coverage of iron ore play Fortescue Metals, rating the stock Underperform. What’s new?

Sonic Healthcare has a significant war chest for acquisitions and this year it might start using it to continue growing the business.

The monthly TD Securities-Melbourne Institute Inflation Gauge suggests there’s no sign of resurgent inflation in Australia.

Yet again analysts question Woolies’ capacity to keep blowing the market away.

Super Cheap delivered a quality result according to securities analysts. Their broadly positive view remains in place.