Daily FNArena News

Economists argue that economic forecasts from the Spanish and Italian governments under fiscal austerity are unrealistic, pointing to bail-out likelihood.

MoneyWeek writer Dominic Frisby suggests changing the way money works would deliver dramatic improvements in all our lives.

Weekly update on recommendation, target price, and earnings forecast changes.

A wrap of the day’s activity on the Australian stock market.

US economic growth has been slow for a long time. DBS Bank analysts ponder why.

Leighton has reiterated full year guidance but headwinds and gearing concerns have brokers playing a conservative hand.

Peter Switzer of the Switzer Super Report argues a plnge off the fiscal cliff in the US is an unlikely event.

A wrap of the day’s activity on the Australian stock market.

Investment researcher Lonsec and actuarial consultant Milliman have produced a joint white paper explaining the challenges facing the super industry, arguing today’s financial planning models have it all wrong and suggesting how advisers need to change their approach in order to stay relevant.

NAB’s full-year profit report has added dull colour to the earlier profit warning, leading bank analysts to further trim earnings and warn of ongoing risks.