Daily Financial News - Australia

Record iron ore prices mean strong cash flow and dividends are anticipated from Rio Tinto, outweighing a difficult quarterly production outcome

While Sydney endures an extended lockdown, economists are invoking recent history to ascertain the potential fallout for both the economy and sectors within the share market

Competition is intense among the BNPL operators, leading to the prospect of the industry struggling for direction before a timely consolidation

ARB Corp, having unveiled a substantially strong FY21 performance, is shaping up for the growth opportunity presented by the US truck accessory market

While the US is the real growth engine driving Nearmap forward, potentially costly US legal action, which could also impact sales momentum, gives the market cause for caution

Wesfarmers has flagged its planned expansion into the personal care, health and well-being sector with a bid for Australian Pharmaceutical Industries that has surprised brokers

The outlook for Audinate’s market leading AV technology has improved amid a global turnaround in live sound and events

Despite the various city lockdowns and restrictions on travel, Viva Energy has grown its fuel volumes, underpinned by agriculture, resources and the regional retail network

Downside risks are looming to consensus estimates for Magellan Financial in FY22 after a record quarter of outflows

The business position of ASX remains strong as does cash flow, while there is potential upside in the future from rising interest rates