Daily FNArena News - FYI

Are Australian banks taking on too much risk in order to defend their market share?

The Chairman of the APPEA was brutally frank at the annual conference this week: both the oil and gas industry and the government most do their bit to avoid what may be a bleak future for the industry, the Australian economy, and Australians.

Australia is once again one of the top five markets globally, according to Citigroup’s analysis.

Investor confidence as measured by Credit Suisse has reached a new peak. Equities are still regarded as cheap compared to bonds.

Interest rate hikes negative for banks? Macquarie says think again. And again.

The NZ government has just slapped Telecom with some onerous regulatory changes, about which the brokers are divided. They remain divided on Telstra as well, for pretty much the same reasons. It’s all about ULL.

Trade magazine reports CommBank was probably the quickest in informing its advisers interest rates would go higher following the RBA’s "surprise" decision.

Weekly musings from your editor.

The NZ gold miner is rolling out and reducing its hedge book, and analysts are primed to reassess earnings potential.

While everyone seems convinced the greenback will continue losing value longer term, the short term outlook seems to have become clouded.