Daily FNArena News - Australia

IDP Education continues its pursuit of growth, gaining traction in key regions with its newly announced acquisition of Intake Education

With Australians heavily exposed to variable rate mortgages, the RBA has to tread more carefully than the Fed, despite a still-solid consumer outlook

Aristocrat Leisure’s eyes remain on the i-Gaming prize, as the company continues its pursuit of growth in the US market despite an economic downturn

Despite strong year-on-year sales growth in the new financial year, brokers remain split on how an inflationary environment may impact Metcash’s market share in the coming year

S&P conducted a webinar this week on inflation and the outlook for Australian sectors and companies, and FNArena provides a round-up of the agency’s observations.

ALS Ltd has a bold plan to reduce its exposure to traditional commodity price cyclicality, which brokers believe is achievable in the longer term

Mineral Resources is considering a spin-off of its lithium business to a US listing, which brokers agree would unlock significant trapped value

NextDC continues to meet or beat guidance, and targets further growth in the coming year despite supply chain issues impacting on billable capacity

Despite higher bond yields weighing on the real estate sector, the ASX200 gained 1.2% in August, driven by a strong resource sector, and outperforming global equities

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments