Daily FNArena News - Australia

The October inflation reading by TD Securities suggests inflation might have bottomed in Australia in the September quarter.

Deutsche Bank has picked up coverage on iiNet with a Buy, adding to what were already unanimously positive views on the stock.

Brokers suggest the conditional offer for ING Industrial from Goodman Group and a trio of major funds has positive implications for the wider Australian REIT sector.

La Nina is set to bring a very wet summer to the Queensland coal fields. Better value in NSW based coal stocks?

The Australian housing market is not in a bubble, argues Westpac Bank.

WorleyParsons has indicated there will be a significant second half earnings split, but stockbrokers are sceptical given contract deferrals and a stronger AUD.

A weaker than expected September quarter CPI has economists backing off on their November rate hike calls. It’s close.

Yesterday FNArena showed the market has a range of opinions on Wotif.com and Commonwealth Bank has added to the discussion with a Sell rating on the stock.

Stockbrokers argue whether shares in Wotif.com are now a bargain or instead still too expensive. Earnings growth from H2 FY11 onwards will be key.

Brokers believe ASX shareholders have been offered a great deal from the SGX but what is the honest chance of approval being granted?