Daily FNArena News - Australia

Soft activity and higher-for-longer levels of discounting are expected to beset Altium in the first quarter of FY21 but the longer-term growth trajectory remains sound.

An extension of repayment deferrals by APRA is considered timely, providing some relief to the banking system as government stimulus winds down from September.

Breville has benefited from the current home-focused environment while retaining global expansion potential. Morgans initiates coverage of the stock.

Treasury Wine faces a number of hurdles in FY21 as luxury wine sales remain constricted and a global oversupply of wine persists.

Specialist financial platforms are expected to cut down on costs in FY21, with increasing cash balances expected to offset the hit to margins from rate cuts

Afterpay’s expansion is going from strength to strength and the company has undertaken several risk management strategies to shore up its balance sheet.

Pressure on ASX earnings is likely to build throughout FY21, with derivatives providing the main area of weakness.

Despite the likelihood of a subdued second half, Pinnacle Investment Management is considered well-placed to take advantage of investors seeking more attractive options offshore.

FY20 will be remembered for the pandemic that changed our lives, the record-breaking highs and lows seen in stock markets and the extraordinary measures taken by governments and central banks across the world

Adbri’s longstanding lime supply contract with Alcoa will come to an end next year, heralding a difficult time as imports increasingly erode its business.