Daily FNArena News - Australia
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GCS Ready To Service Strong Growth
May 04 2011
Global Construction Services has expanded via the acquisition of Global Industrial Services and lifted earnings guidance.
No Joy For Energy Resources Of Australia
May 04 2011
Energy Resources of Australia has proposed additional capex to deal with excess water inventory issues, the news being greeted by earnings and valuation cuts by brokers.
Oz Rate Rise Coming
May 03 2011
The RBA has left its cash rate at 4.75% but has hinted of tightening to come.
Headwinds And Value For Asciano
May 03 2011
A soft March quarter result from Asciano had been expected and the majority view among stockbrokers remains one of value on offer.
Macquarie A Matter Of Faith
May 03 2011
Consensus suggests FY11 was a year of gradual improvement for Macquarie Group, but there is still a long road ahead.
AUD Clouds Outlook For ResMed
May 02 2011
ResMed’s March quarter result has revealed revenue and margin pressures stemming from a strong Australian dollar.
Contrasting Inflation Trends For Australia
May 02 2011
The latest independent survey on price inflation in Australia shows opposing trends, leaving the RBA with further room to sit and wait.
The Inflation Threat To Emerging Market Growth
Apr 28 2011
Morgan Stanley warns that if emerging market economies, and China in particular, misread inflation, the consequences will not be pretty.
Wet Weather Remains An Issue For Macarthur
Apr 28 2011
Macarthur has just posted its worst quarter since listing. Can it rebound?
Oz Inflation Shock
Apr 27 2011
A big jump in headline inflation and a not insignificant rise in core inflation has caught economists, and possibly the RBA, by surprise.
