Falling demand for leisure travel has hit Virgin Blue very hard in a competitive environment, while Qantas is seeing sufficient offset in premium flyer recovery.
Headline inflation in Australia jumped by 0.5% in May according to TD Securities, but we can blame the tobacco tax.
Brokers update their views on Australian banks while it appears the local housing bubble might be peaking.
Barclays Capital note June tends to be a mixed month across all asset classes, a trend it expects will continue this year.
Australian GDP for the March quarter is due next week and Westpac is forecasting growth of 0.4%, which compares to 0.9% in the December quarter last year.
A glance through the latest expert views and predictions about commodities, while some positive signs for oil prices, mixed views on gold and Merrills seeing little downside for uranium.
With the big diversified and smaller miners closing well bid yesterday, the Wizard believes a bottom may have formed. Watch Monadelphous.
As we move into June, it is a time to consider investors will be looking to sell stocks in order to crystallise losses and offset tax burdens.
After a disastrous five-year excursion into wine, Foster’s has shocked no one by finally announcing it intends to demerge its core beer business. Brokers breathe a frothy sigh.
A snapshot of economist responses to today’s lower than expected March quarter capex data for Australia.
