Daily FNArena News

April housing finance figures for Australia show investors have now joined first home buyers back into the market.

Potential for BHP/Rio Tinto to move to an owner-operator system implies additional downside risk for contractors like Leighton Holdings.

Positive news begets more positive news and this feeds into increased confidence. It worked for Australian consumers in June.

Brokers have found little not to like about the new BHP-Rio deal, despite Rio’s rather large and heavily discounted rights issue.

ANZ’s latest survey into job ads in newspapers and on the internet in Australia suggests unemployment figures will continue rising.

National Australia Bank’s latest survey of business conditions and confidence levels showed enough positives for the bank to revise up its Aussie growth forecast for 2009.

CSL has decided to abandon the blocked Talecris deal and please shareholders with a buyback instead.

Weekly musings from your editor. The notion about value in the share market is all about where to look, and how.

Economics will be the focus for market participants next week given extensive data releases in all major markets.

National Australia Bank suggests the oil price may consolidate short-term but longer-term it expects further gains.