Daily FNArena News - Australia

A slowing housing market continues to place pressure on banks to offer competitive pricing to borrowers, limiting upside ahead, but some brokers believe ongoing strength in net interest margins could offset impacts

Brokers are largely in agreement that the outlook for domestic general insurers is positive, anticipating the current strong commercial rate environment will persist

Lack of competition, alongside improved component supply, sees ResMed deliver a strong second quarter

Analysts have reviewed the retail sector, largely retaining assumptions that spending will slow ahead

A cost blow-out of $150m stands out in an underwhelming market update from Fletcher Building

Broker opinions are divided on Reliance Worldwide with company revenues largely beholden to restoration & renovation activity

Brokers mostly see the upside as Woolworths moves further into active investment via the pet industry

A review of recent broker research on salary packaging companies, following new coverage by Citi for McMillan Shakespeare and Smartgroup Corp

Recent research indicates brokers are generally positive on the longer-term outlook for Pexa Group, while also holding some nearer-term concerns

Woodside Energy warns of constrained near-term cash flow as it approaches peak capital expenditure for growth plans, and outlines intention to increase gas exposure to ensure longer-term growth