Daily FNArena News - Australia

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 

Following an increase in thermal coal price forecasts, Macquarie lifts its valuation for New Hope Corp, along with other exposed stocks under coverage

Following Viva Energy’s purchase of convenience stores from Coles Group, brokers highlight mutual benefits for both companies 

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

IDP Education continues its pursuit of growth, gaining traction in key regions with its newly announced acquisition of Intake Education

With Australians heavily exposed to variable rate mortgages, the RBA has to tread more carefully than the Fed, despite a still-solid consumer outlook

Aristocrat Leisure’s eyes remain on the i-Gaming prize, as the company continues its pursuit of growth in the US market despite an economic downturn