Daily FNArena News - Australia

This week’s GDP data suggest the Oz consumer is back on a spending spree, but Westpac economists believe there will be no return to boom times from the past.

Nufarm has advised the market debt levels will be higher than previously expected but brokers have taken the news in stride and upgraded the stock on valuation grounds.

A snapshot of economist responses to today’s second quarter GDP result.

Stockbrokers have been busy reshuffling their preferred stocks post the August reporting season.

The post-match analysis begins as brokers weigh up the performance of corporate results in this year’s August season.

Kingsgate Consolidate delivered a solid FY10 profit result and analysts sees the company filling the mid-tier Oz gold producer void.

Is Fortescue still just too ambitious? We review following a Goldman Sachs upgrade.

Paladin reported a larger than expected FY10 loss but stockbrokers believe the direction of uranium prices remains key to the company’s outlook.

Asia provided some saving grace against a weak domestic market, but brokers have faith Toll Holdings has seen the worst.

Before its IPO is even complete, Algae.Tec has signed two new company-defining memoranda of understanding requiring a supplementary prospectus and an IPO extension.