Daily FNArena News - Australia

The Australian labour market is likely to remain tight in the near future, but ANZ believes the latest update on job ads signals a cooling down in the next few months.

Westpac reports Australia is experiencing a population boost from strong net immigration numbers in recent years.

If you believe the rumours, Brambles is under siege from all fronts. What will it take to win this under-geared company?

ANZ Bank notes the Australian retail sector is coping well with higher interest rates and fuel prices and it expects solid performance to continue.

Inflationary price pressures seem to have eased a little, but remain above the top end of the RBA’s target range according to the TD Securities/Melbourne Institute Monthly Inflation Gauge for September.

Intersuisse sees short-term upside in the WorleyParsons share price, viewing the stock as oversold given its strong earnings outlook in coming years.

Two weeks after a beauty contest at the Future Fund, which coincided with the broker placing a Buy on Telstra, it has been announced Deutsche Bank has become the Fund’s “preferred advisor”.

ABN Amro has now joined Merrill Lynch in calling a short term Buy in what the analysts see as an oversold BHP.

Macquarie notes sections of the Sydney economy are struggling with rising unemployment, which if it spreads to other regions raises questions about Australia’s growth outlook.

Rumour has it Oxiana is on the radar of Zinifex. Where are the foreign majors?