Daily FNArena News - Australia

Following Suncorp Group’s sale of its banking arm to ANZ Bank, brokers weigh the strategic merit for both parties

Outflows continue at Magellan Financial amid weak markets. With further outflows likely ahead, analysts continue to wait for performance improvement before considering a more positive outlook on the stock

After a huge step up in funding over the last three years, artificial intelligence in radiology may be approaching wider adoption across the sector

Brokers see upside from Domino’s new delivery fee and other levers to ward off inflation

While the ASX200 lost -8.8% (total return) over June, the index outperformed most developed and emerging market peers for FY22

Australian food delivery start-ups are struggling to raise funds as appetite for takeaways fades

Recently listed Judo Capital has attempted to sway market sentiment at a recent investor day, confident that its strategy can quickly capitalise on rising rates to boost interest margins

Market sentiment for the banking sector has declined as investors struggle to balance the positive impact of rising rates on interest margins with the negative impact on the property and mortgage loan market

Brokers generally approve of the decision by Brambles not to proceed with plastic pallets for Costco

Brokers weigh potential impacts on Australian bank shares from rising unemployment and falling house prices