Daily FNArena News - Australia

The ANZ Job Ads Series for October showed modest falls, leading the bank to suggest the RBA won’t lift rates again in December.

If the GFC were the Olympics, Australia would be leading the medal count, as it will probably be the only OECD economy to expand this year.

Transurban has rejected a $5.25 per share takeover bid form a pair of Canadian pension plans, but the game’s not over yet say brokers.

Australia’s exports were stronger than expected but economists suggest a stronger dollar is likely to see the deficit widen in coming months.

Westpac posted a solid result, as well it might do considering it and CBA now own almost half of all Australian mortgages.

Australian retail sales were surprisingly soft in September, increasing speculation of an RBA rate pause.

Speculation in July that Australian composite manufacturer Quickstep was a good chance of a big contract with Lockheed Martin has come to fruition.

The RBA has raised by 25 points only, consistent with “gradual” plan.

The RBA today lifted the cash rate from 3.25% to 3.50%.

Rio Tinto has lifted the amount of capital expenditure it plans as the company looks to develop its growth options in coming years and brokers view the move as a positive.