Daily FNArena News - Australia

Oil Search is facing a nervous wait as the PNG government reviews the fiscal terms of the PNG LNG agreement.

Selling its life business was critical to rebuilding AMP and, with the RBNZ finding fault with the Resolution Life deal, the company’s problems are compounded.

Brokers look forward to more stable operating conditions for Whitehaven Coal in FY20 and expect higher dividends are likely until the company’s growth projects require the cash.

BIS Oxford Economics sees prices for houses and apartments stabilising, then rising in the years ahead. The forecasters provide projections for housing prices across Australia’s major cities and regions.

The realisation that Nearmap will accelerate its investment in growth in FY20 and FY21 has provoked some negative revisions to forecasts. Yet brokers are confident in the outlook.

Lennox Capital argues Australia’s east coast infrastructure boom may not be the gift to Australian contractors the market is assuming.

Bapcor is cementing its position in car parts and brokers are upbeat about the stock, despite the likelihood growth rates will now be less stellar.

Brokers assess the merits of a new entity, Endeavour Group, that will be formed from Woolworths’ hotels and liquor businesses.

Is the party over for Australia’s insurance sector? Catastrophe budgets need to rise, amid elevated compliance costs, and the question is whether price increases can continue to mitigate the downside.

Headwinds galore are buffeting SpeedCast International, as the company endures a substantial downgrade to earnings guidance. Brokers have taken shelter on the sidelines.