Daily FNArena News - Australia

Mining production has continued uninterrupted in Australia during the pandemic, underpinning a strong position and outlook for the Seven Group companies.

JB Hi-Fi has been in a plum position to benefit from households spending more time at home for both work and play but how will this pan out once government stimulus ends?

Sales activity at Bunnings and Officeworks has been stunning over the period of pandemic-related restrictions but signals there is very little operating leverage for Wesfarmers going forward.

While the economic outlook may continue to weigh, Vocus Group has removed a key overhang by refinancing debt facilities.

Buoyant sentiment; tech leads the way; earnings and raisings; new highs in commodities; mixed data.

Iress has taken the opportunity to raise capital to more than provide for its purchase of OneVue Holdings, targeting scale in superannuation and funds management solutions.

The Star Entertainment Group will re-open its Sydney casino and has also reached an agreement with the NSW government for future tax rates.

Demand for services provided by Appen is robust, given data annotation is critical to large technology companies amid the surge in demand for e-commerce.

A much better 2021 is forecast for Costa Group, as citrus recovers and strong prices hold out for mushrooms. Tomato demand is also expected to recover with the return to school.

Bendigo & Adelaide Bank has outlined an increase in provisioning related to the pandemic and brokers welcome the extra buffer in a deteriorating economic environment.