Daily FNArena News - Australia

As the group’s traffic ramp up continues to fall short of expectations speculation is mounting Transurban could bid for ConnectEast but brokers don’t see any such move as imminent.

Westpac Melbourne Institute Consumer Sentiment Index has delivered a “stunning” result for July.

The Reserve Bank is still in an easing bias, guns at the ready, but a renewed threat is yet to materialise.

The RBA decided to again leave the cash rate at 3% this month.

QMastor is making good on its mission to be a little company that takes on the world.

Australian employers are still reluctant to hire, but they’re not firing either, ANZ economists point out.

Inflation has likely risen slightly in June, but on a yearly basis it is to remain below RBA targets for longer, reports TD Securities.

The Australian economy is well placed to benefit as the global economy recovers, with infrastructure and housing dependent sectors the bet placed for gains, CommSec says.

Westpac’s model of leading indicators now suggests the Australian labour market will bottom out in the final quarter this year rather than 2010.

Most brokers covering CSL are bullish on the stock, but Morgan Stanley offers some reasons why earnings could fall short of expectations.