Daily FNArena News - Australia

Philip Lowe dropped a bombshell yesterday when he implied the RBA will no longer be “patient”, leading some, but not all economists, to tip the first rate hike in June

Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets

Brokers discuss the longer term strategy for Eagers Automotive and the impacts of shorter term vehicle supply issues

Job placement company APM Human Services International has won new government contracts that could increase its foot print in Australia by 50%

Following FY21 results for Sigma Healthcare brokers see an uncertain outlook for near-term earnings

ResMed has struggled to realise the benefit promised by a major competitor recall and heightened demand amid a global shortage of semiconductor chips necessary for device production

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

Following first half results for Premier Investments, brokers generally set higher target prices and noted leverage towards both stay-at-home and re-opening thematics

With a potential end in sight for Fisher & Paykel Healthcare’s covid benefits the company looks to prove its ventilation devices have a place outside of intensive care units and rebuild utilisation rates for a sustainable outlook

Following first half results for New Hope, brokers focused not only on the surprise special dividend but also on prospects for future distributions