Daily FNArena News

Michael Gable of Novus Capital was looking for a higher level on the bounce for the ASX 200 and thus remains of a negative view.

The latest views, updates and developments as amalgamated by Bullionvault’s Ben Traynor.

With Australia’s economy growing faster than the RBA had assumed, the board decided the cuts to now are sufficient.

The RBA has elected not to further cut its cash rate this month below the current 3.5%.

FNArena’s weekly update on short positions in the Australian share market.

Yesterday’s 11% fall for Aristocrat on disappointing guidance has prompted ratings upgrades as brokers see value.

A slow week last week capped an otherwise quiet month for uranium, with the gap between sellers and buyers increasing.

Credit Suisse has initiated coverage on Skilled Group with an Outperform rating, citing earnings and dividend growth potential.

Australian housing loan growth is at its lowest in 35 years but business credit continues to grow consistently. Should bank shareholders thus be optimistic or do the figures mask a different story?

Undersupply does not imply rising house prices, economists argue, with price growth likely to slip back to more modest averages.