Daily FNArena News - Australia

Recent research highlights both high growth and defensive qualities for investors in ReadyTech Holdings

Bank of Queensland looks likely to rely on synergies from the acquisition of ME Bank to support earnings in coming years, as limited leverage to rising cash rates makes peers a more attractive choice

Allkem is on track to remain one of the world’s largest producer of lithium, despite global production racing to meet surging demand

Following reaffirmed guidance and upbeat commentary brokers remain Buy-rated for GUD Holdings

Following a significant strategic play in the US, all six brokers in the FNArena database continue to recommend buying BlueScope Steel

Following another guidance upgrade by GrainCorp, brokers lift target prices and provide forecasts around capital management

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

Philip Lowe dropped a bombshell yesterday when he implied the RBA will no longer be “patient”, leading some, but not all economists, to tip the first rate hike in June

Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets

Brokers discuss the longer term strategy for Eagers Automotive and the impacts of shorter term vehicle supply issues