Daily FNArena News - Australia

Danske Bank sees the most likely scenario for the global economy as a bottoming this year and a move higher in 2007, though the 2008 outlook is less positive.

Merrill Lynch analysts believe a merger between Symbion Health and Primary Healthcare could potentially create “material value”.

Coles shares may take a dive as investors are likely to vote with their feet today. However, stay tuned because this corporate battle is far from over.

The RBA decided not to raise rates yesterday and today saw the release of GDP numbers showing the slowest growth since 2001. Did the RBA make the right decision?

The RBA has chosen to leave rates at 6.00% for now.

The merger proposal between MFS and S8 took the market by surprise yesterday but appears to offer benefits to shareholders of both companies.

Predictions of a September rate hike were on the wane until a series of startling new data emerged.

The latest economic data shows the Australian economy remains healthy, though further signs of inflation suggest additional rate rises are likely.

Brokers have made small increases to earnings forecasts for Suncorp-Metway, but these are not enough to change the view the stock is fully priced at current levels.

Fairfax is set to face the headwinds of declining print circulation and ad spend. But its longer term value lies online, and there’s always that takeover potential.