Daily FNArena News - Australia

Could the earnings capacity of property drop by 27% in just six short weeks? Analysts are once again seething.

BIS Shrapnel’s “Mining in Australia, 2008-2023” report suggests strength in the sector will be enough to keep the Australian economy out of recession despite weakness elsewhere.

NAB’S latest monthly survey shows a sharp decline in Australian business conditions, with domestic demand growing slower than most in the market had forecast.

Westpac Bank suggests tough times will continue for Aussie retailers given a turnaround in the economy and the restrictions caused by high levels of interest rates and fuel prices.

The number of job ads in Australia continues trending lower, but ANZ economists do not expect any sustained downturn in employment.

Energy Developments has announced a strategic review and Macquarie sees this as the group putting up the “For Sale” sign.

This small company is exploiting its talent for creating innovative technologies for use in the global mining and metals industries.

Macquarie Countrywide has won a reprieve from its lenders, but is the shattered REIT now offering value?

Further weak economic data suggest the Australian economy is close to contracting, with Stephen Koukoulas at TD Securities seeing scope for a rate cutting cycle to begin before the end of the year.

Australia’s retail sales numbers for May were far stronger than the market had expected, leading economist to question whether or not the RBA will feel the need to move again on rates.