Daily FNArena News - Australia

Westpac has found the majority of Australians believe house prices will rise in the next 12 months, but it’s a smaller majority and price expectations have been tempered.

Orica offshoot DuluxGroup offers value according to both UBS and Macquarie, both brokers initiating coverage this week with Buy ratings.

Another big guidance downgrade from a CSL competitor suggests a global oversupply of plasma will make for a tough FY11.

The latest ING Investor Dashboard Sentiment Survey shows Australian investment sentiment fell sharply in the June quarter.

BigAir has a dominant share of a microwave market which both challenges and compliments Australia’s planned fibre network.

Both credit Suisse and Deutsche bank have reviewed the Australian pathology sector to account for changes in market conditions and expectations.

Consumer confidence in Australia has bounced in a much stronger fashion than was expected.

National Australia Bank’s Monthly Business Survey for June showed business oconfidence levels were steady as conditions improved slightly.

A snapshot of economist responses to today’s housing finance data and the inflationary case for a rate hike next month.

Macquarie believes the market is missing the point as it upgrades Westpac and revisits its conviction calls. RBC updates its resource sector preferences. Morgan Stanley looks at small caps.