Weekly Reports | Mar 15 2013
Our top ten news from 08 March 2013 to 15 March 2013 (ranked according to popularity).
CSR has decided to restructure the troubled Viridian business and close two plants. Brokers welcome the capitulation but wonder at the efficacy.
With funding costs falling, Australian banks may now face mortgage rate competition. With valuations stretched, are share prices vulnerable?
By Rudi Filapek-Vandyck, Editor FNArena Prelude: In April 2011, with the Australian share market experiencing yet another Jan
National Australia Bank updated the market on its IT strategy but there were few surprises. For brokers, the focus remains on stopping costs getting out of hand.
Activity in the spot uranium market was steady last week and prices ticked just a little bit higher.
Michael Gable of Novus Capital suggests the ASX 200 may be entering a topping phase on the charts.
Mining Investment is a crucial component of the Australian economy and analysts from NAB see it falling off a cliff.
Monday 11 March 2013 – 10:57 AM
Brokers discuss their preferences for investment within various sectors post the result season.
Cost cutting, improved efficiencies and asset sales are the goals of the three big Australian miners BHP, Rio and Fortescue. Analysts suggests subsequent re-ratings are on the cards.
Labour shortages make life hard for miners. Iron ore volatility returns, zircon prices should rebound and an oil price dip likely shortlived.