Daily FNArena News

Investment researcher Lonsec and actuarial consultant Milliman have produced a joint white paper explaining the challenges facing the super industry, arguing today’s financial planning models have it all wrong and suggesting how advisers need to change their approach in order to stay relevant.

NAB’s full-year profit report has added dull colour to the earlier profit warning, leading bank analysts to further trim earnings and warn of ongoing risks.

While NRW Holdings has reiterated full year revenue guidance brokers are turning more cautious on the earnings outlook in coming years, though yield underpins value.

Jonathan Barratt of Barratt’s Bulletin discusses whether the fall in gold has run its course, or not.

Doubts linger over whether the Reserve Bank will cut its cash rate after next Tuesday’s board meeting but many economists believe a cut necessary.

Having shelved its various grandiose expansion plans, BHP is now focused on making more out of what it’s got. Analysts weigh up the benefits.

A wrap of the day’s activity on the Australian stock market.

AGM commentary from Crown included better than expected trading results for the year to date, supporting the view of most brokers there remains value at current levels.

Investment U’s David Eller suggests the fact professionals have to invest offers individuals an advantage as they have the time to wait for opportunities.

FNArena’s weekly update on short positions in the Australian share market.