Daily Financial News - Australia

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Latest Stories

With the move to underground mining at Prominent Hill largely complete, brokers are looking more closely at the range of growth options presented in the OZ Minerals portfolio.

Oct 19 2018

Gold throughput was a record in the September quarter and brokers suggest Saracen Mineral Holdings is on track to meet its production targets.

Oct 18 2018


A strong finish is anticipated in 2018 for Whitehaven Coal, which has maintained guidance despite a soft September quarter.

Oct 18 2018

Evolution Mining beat expectations for production in the September quarter with better grades and all mines positive on cash flow.

Oct 17 2018


Previous Stories

Sales Growth Likely To Slow For Coles

Oct 16 2018

Brokers welcome the strongest price inflation in ten years at Coles in the September quarter, although sales growth is expected to slow to more modest levels going forward.


Aussies Still Like Being Paid Cash

Oct 16 2018

While the options for cash-less financial transactions continue to expand, the readies in Australian wallets still represent a source of value and aspiration.


Domain’s Warning Douses Outlook For Media

Oct 15 2018

Domain has issued a sharp downgrade to its outlook as the gloss comes off the housing advertising market, and other media players are caught up in the trend.


Positive Outlook For Amcor As Headwinds Ease

Oct 15 2018

Amcor has reiterated full year guidance, signalling headwinds endured over FY18 are largely temporary while robust cash flow and earnings growth are expected.


Benign Winter Bodes Poorly For InvoCare

Oct 09 2018

Conditions for funeral director InvoCare continued to deteriorate through September and 2018 guidance has been softened.


NextDC Set To Take Out Landlord

Oct 09 2018

NextDC is expected to have more sway in its business once the acquisition of Asia Pacific Data Centres goes ahead.


Outlook For Separated Coles Not Without Risk

Oct 08 2018

Coles remains intent on maintaining its competitive position after the de-merger from Wesfarmers, although brokers point out stable or improving margins are implicit in guidance.


Weak Consumer Puts Vehicle Sales In Reverse

Oct 08 2018

Australia’s new vehicle market has reversed over recent months, a function of weak consumer sentiment amid looming regulatory changes for the dealer industry.


Higher Costs Entrenched For Bank Of Queensland

Oct 05 2018

The impact of rising costs featured in the Bank of Queensland FY18 results and brokers suspect higher expenses are likely to become entrenched after the Royal Commission.


FNArena Corporate Results Monitor

Oct 05 2018

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



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