Daily FNArena News - Australia

Consumers are back in force, drinking and eating and losing money in pubs. Will it last?

Metcash is ramping up capital expenditure as the new CEO seeks to reinvigorate the MFuture strategy

The RBA believes Australians are well-placed to weather mortgage stress from higher rates, but risks will increase sharply when fixed interest loans start rolling off

Independent Investment Research reviews the financial and dividend performance of listed investment companies in FY22.

Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data

All sectors of the Australian stock market lost ground in September as global recession fears and higher bond yields weighed, resulting in a -6.2% loss for the ASX200

Australian housing prices are forecast to continue declining as rising interest rates have yet to impact in full, with consequences for the broader economy in 2023

Brokers remain upbeat on Premier Investments following FY22 results though remain wary of the uncertain macroeconomic backdrop

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Brokers remain generally upbeat on CSL and focus upon the earnings contribution from the Vifor Pharma acquisition