Daily FNArena News - Australia

Woolies has done it again, shocking analysts with outstanding sales numbers. But can it last?

Quarterly production for uranium miner Energy Resources of Australia was disappointing and on the back of recent share price gains brokers are now questioning the value on offer.

Qantas has slashed guidance for earnings but only RBS Australia has downgraded its rating on the stock. What’s happening?

The February Westpac-Melbourne Institute Leading Index suggests economic growth will be weaker than expected this year in Australia.

According to Southern Cross Equities recent share price weakness is increasing the attractiveness of sleep disorder group ResMed.

The numbers are still weak but the latest National Australia Bank survey of business conditions and confidence shows some improvement.

Higher unemployment in combination with lower inflation. Consumers in Australia seem to have figured it all out already.

Finally Telstra’s dictatorship has been challenged. But Telstra may yet come out in better shape.

With consumers switching their focus from spending to saving Westpac expects the Australian retail sector will remain under pressure.

Australian consumers feel much better about the future, but will it prove all but temporary?