Daily Financial News - Australia

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Latest Stories

Banks no longer offer deep value, but despite headwinds brokers expect the sector to benefit from a broader economic recovery

11:32 AM

Soft flows continue to weigh on Magellan Financial Group and there is limited scope for a re-rating over the near term

10:00 AM


In a further move to diversify its earnings streams, EML Payments is expanding into open banking

Apr 12 2021

Codan’s latest acquisition in the critical communications market should put the company at the forefront of the US government’s Next Generation 911 upgrades

Apr 08 2021


Previous Stories

Strong Agri Prices Rescue Incitec Pivot

Apr 07 2021

Just as well fertiliser prices are booming as Incitec Pivot is again plagued by production problems at Waggaman


March in Review: Growth Beats Value, USD Rises

Apr 07 2021

During March the ASX200 rose 1.8%, underperforming a 4.2% rise for the S&P500


South32 Closer To Being Free Of SAEC

Apr 07 2021

As widely suspected, South32 has agreed on a last-minute revamping of the sale of South Africa Energy Coal, allowing greater focus on more prospective resources


FNArena Corporate Results Monitor – 06-04-2021

Apr 06 2021

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


Aristocrat Signals Bullish Rebound

Apr 06 2021

Brokers have walked away from Aristocrat’s recent investor briefing incrementally more confident the company will emerge post-Covid in a stronger competitive position


Santos Goes Ahead With Barossa

Apr 06 2021

Santos has given a green light to the Barossa gas/LNG project, underpinning confidence in the outlook


AGL’s Plans For Separation

Apr 01 2021

AGL Energy has decided on a parting of ways and will separate its business into two. As always, the devil will be in the detail


Sunny Outlook For Select Harvests

Mar 31 2021

Despite the NSW floods almond harvest volumes at Select Harvests are unchanged, although softer prices have driven a reduction in earnings forecasts


Westpac, The Dud Among Australian Banks?

Mar 31 2021

According to Banking Day, Westpac is today the least competitive and most unstable of major banks in Australia


Spotlight Falls On Financial Platform Earnings

Mar 29 2021

ANZ Bank is probably looking for a significant reduction in the rate paid to financial platform providers, which is likely to have a significant impact on earnings



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