Daily FNArena News

March credit data for the Australian economy shows a trending down in the level of economic activity as the RBA’s recent rate hikes begin to bite on spending patterns.

ANZ Bank’s latest report into the Australian commerical property market shows confidence levels remain high despite the global financial crisis.

Last week Credit Suisse suggested Paladin should Outperform but RBC Capital Markets suggests the stock is expensive at current levels.

Conditions in Australia’s Agribusiness sector worsened in the March quarter but recent rain has lifted expectations for the coming year.

Qantas shares might be cheap from a fundamental point of view, but the TechWizard sees no reason at all to start piling up.

With oil prices still pushing higher earnings forecasts for Qantas are coming down with little relief in sight.

The BoE will provide a huge liquidity facility to troubled UK banks under a veil of secrecy.

A look behind the numbers of yesterday’s NAB business confidence survey.

National Bank was obviously hoping no one would pay attention if it raised its mortgage rate on a public holiday.

Ansell has announced a buyback of 5m shares but brokers continue to see acquisitions as likely and suggest this will support an already strong growth outlook for the stock.