Daily FNArena News - Australia

Magellan Financial intends to diversify its options with an investment in Barrenjoey Capital Partners, although the near-term returns are expected to be minimal.

Retailer Harvey Norman is enjoying the proceeds of an extended change in consumer behaviour as Australians snap up household goods.

The next six months are likely to be tough for poultry producer Inghams but earnings should then improve as the impact of the pandemic wanes.

Analyst Rodney Lay puts ASX-listed commercial real estate (CRE) private lending providers under scrutiny. The Independent Investment Research monthly update on Australia’s listed investment trusts is included

Spark New Zealand has outlined its strategy out to FY23, including completing a roll-out of 5G while expanding its wireless offering and digital analytics

While shares have rallied from March lows, there are several sectors of the market awaiting a V-shaped recovery.

The UK has taken the first step in clarifying insurance coverage for businesses interrupted by the pandemic. What are the implications for Australia’s insurers?

Macquarie Group has confirmed the prospect of a weak first half, with a continued focus on provisioning and supporting clients through the pandemic.

The current state of the economy suggests a recovery for Australia’s banks is likely to be a drawn-out affair, featuring margin headwinds, weak credit growth and elevated costs.

CSL is highly likely to be looking for other avenues of revenue to meet targets in FY21, given a prospective shortfall in plasma collections.