Daily FNArena News - Australia

With the exception of NAB, bank share prices are now close to brokers’ average target prices and few positive catalysts are seen from here.

Glenn Stevens was not not kidding when he warned Australians about property investment last week, leading to another rate rise.

The RBA today hiked its cash rate from 4.00% to 4.25%.

The Newcrest offer for Lihir has sparked much debate among securities analysts.

The ANZ Job Ads Series Rose 1.8% in March, supporting the bank’s view unemployment is headed to around 5.0% over the next year.

Those interest rate rises may come thick and fast.

In the ongoing process of post-GFC regulatory changes, ASIC is looking to formalise stock broker recommendations in the wake of investor complaints.

Retail sales were weak and building approvals down, so might the RBA decide not to raise on Tuesday?

BHP has successfully smashed the longstanding annual benchmark pricing system for iron ore, ushering in a new world of riches (at least in the near term).

Deutsche Bank has initated coverage on vessel charter and services group Mermaind Marine with a Buy rating.