Daily FNArena News - Australia

Commonwealth Bank intends to de-merge its wealth management businesses and brokers, while mildly positive about the development, emphasise that heightened risks continue.

Rising supply and weakening house price growth look set to peg back the housing industry but analysts are not perturbed and envisage any slowdown will be modest.

Northern Star Resources has achieved production rates targeted for the next two years but new milling capacity could provide even more upside.

Ramsay Health Care has downgraded FY18 growth estimates amid weak conditions in both Australian and UK private hospital markets.

Telstra has downwardly revised FY19 earnings expectations significantly, and brokers increasingly believe dividends will be cut from FY19.

Benefits of government subsidy increases are likely to be constrained in the near term for childcare centres, as supply is overwhelming demand.

The launch of Amazon Prime, ahead of expectations, suggests to brokers the company is serious and confident regarding delivery of its business model to Australians.

South32 has taken control of Arizona Mining, which provides a base metal opportunity and expands its geographic base.

Gold miners are facing the headwind of sharp increases in costs in the years ahead.

While risks on several fronts confront Australia’s retail sector, Deloitte Access Economics looks at where benefits can be obtained from online disruption.