Daily FNArena News - Australia

Losses in the industrial and energy sectors outweighed information technology gains leading to a -0.1% total decline for the ASX200 in October as Australian 10-year bond yields continued to climb

Goodman Group has already upgraded the earnings outlook for FY22, thriving on the demand for logistics space created by the pandemic and stepping up the acquisition of industrial assets

A spate of natural perils claims early in the season has meant a downgrade to guidance for Insurance Australia Group. Is existing reinsurance cover sufficient?

Margins remain tight and Westpac has stuck to its aggressive cost reduction strategy, making the market wary

Superannuation fund fees are in decline in Australia, with retail funds closing the gap with their not-for-profit competitors. Industry expert Rainmaker thinks Australia might become the world’s best value superannuation system over the coming five years

GUD Holdings has acquired Vision X, a specialist vehicle lighting business, that will drive expansion across North America and Europe

Some market share is likely to stick with ResMed as Philips struggles to replace its recalled device. Yet will supply chain constraints limit the benefit?

Strong third quarter results from Life360 have analysts positive on the company’s outlook, with a strong subscriber base sustaining improving results

Card and BNPL transactions are expected to surge as travel resumes and borders re-open thus Humm Group expects a more than doubling of volumes over the medium term

a2 Milk has outlined a bold 5-year strategy and revenue target which require a meaningful recovery in its infant formula sales