Daily FNArena News - Australia

Miroequities rates junior telecommunications carrier BigAir a Strong Buy.

A study by Datamonitor has shown the Australian personal loan market has remained resilient through the economic downturn.

ResMed beat market expectations with its second quarter result.

RBS Australia is the latest to commence coverage on ATM supplier Customers, and to add one more Buy rating.

Australian retail sales numbers for December fell short of market expectations.

Both Macquarie and BA-Merrill Lynch have initiated coverage on Arrow Energy this week but with different views.

The RBA surprised the market and kept the cash rate target at 3.75% leaving analysts and economists to scramble for explanations and new predictions.

The bottom line is that the RBA raised its cash rate an unprecedented three months in a row last year, and now it would like to let tightening take effect before making the next move.

NAB’s survey into business confidence has generated a surprisingly large drop in December.

A 0.8% increase in January in the TD Securities-MI inflation gauge suggests Australian inflation momentum is picking up.