Building Material & Const

Today’s release of capex data by the ABS in Australia carried short term disappointment, but also longer term confirmation.

The ANZ Bank has updated its views on Australian property markets, forecasting low single digit housing price growth in 2011 and mixed conditions in commercial property markets.

US bank repossessions of mortgaged residential property were the second highest on record in July.

Deutsche suggests the reporting season offers upside for Industrial stocks while DJ Carmichael argues construction has a quiet year ahead. Merrill Lynch chimes in.

A snapshot of economist responses to today’s June retail sales and dwelling approvals data, both numbers coming in softer than the market had expected.

A glance through the latest expert views and predictions about commodities with caution on thermal coal short-term, iron ore prices possibly having bottomed and still a lack of pricing tension in base metals markets.

The global economy won’t be able to recover sustainably without a recovery in housing markets. Three economists argue such a housing recovery may be imminent.

Brokers are now making assessments of how the FY10 earning season will fare and what FY11 might bring.

Australian companies begin reporting FY10 results next week. FNArena provides some useful tips for the small investor – what to look out for, and what traps not to fall into.

Westpac has found the majority of Australians believe house prices will rise in the next 12 months, but it’s a smaller majority and price expectations have been tempered.