Bank earnings tipped to be flat next year
UBS is forecasting flat earnings growth for the Australian sharemarket in 2016, but there are bright spots.
Stock Ticker
- AGL AGL ENERGY LIMITED. 0.18%
- AIO ASCIANO LIMITED -0.17%
- AMC AMCOR LIMITED -0.14%
- AMP AMP LIMITED 1.22%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED -0.54%
- APA APA GROUP -1.40%
- ASX ASX LIMITED -0.36%
- AZJ AURIZON HOLDINGS LIMITED -0.89%
- BHP BHP BILLITON LIMITED 0.90%
- BXB BRAMBLES LIMITED -0.59%
- CBA COMMONWEALTH BANK OF AUSTRALIA. 0.02%
- CCL COCA-COLA AMATIL LIMITED -0.86%
- CPU COMPUTERSHARE LIMITED. -1.36%
- CSL CSL LIMITED -0.50%
- CTX CALTEX AUSTRALIA LIMITED 1.63%
- CWN CROWN RESORTS LIMITED -0.17%
- DXS DEXUS PROPERTY GROUP 0.13%
- GMG GOODMAN GROUP -0.65%
- GPT GPT GROUP -0.21%
- IAG INSURANCE AUSTRALIA GROUP LIMITED -0.36%
- IPL INCITEC PIVOT LIMITED 0.26%
- JHX JAMES HARDIE INDUSTRIES PLC 0.34%
- LLC LENDLEASE GROUP -0.12%
- MGR MIRVAC GROUP -0.79%
- MPL MEDIBANK PRIVATE LIMITED 0.44%
- MQG MACQUARIE GROUP LIMITED -0.18%
- NAB NATIONAL AUSTRALIA BANK LIMITED 0.27%
- NCM NEWCREST MINING LIMITED 1.69%
- ORG ORIGIN ENERGY LIMITED 1.08%
- ORI ORICA LIMITED 0.76%
- OSH OIL SEARCH LIMITED -0.30%
- QBE QBE INSURANCE GROUP LIMITED 0.00%
- RHC RAMSAY HEALTH CARE LIMITED -0.39%
- RIO RIO TINTO LIMITED 0.67%
- S32 SOUTH32 LIMITED 2.67%
- SCG SCENTRE GROUP 0.62%
- SEK SEEK LIMITED -3.61%
- SGP STOCKLAND 0.00%
- SHL SONIC HEALTHCARE LIMITED 0.30%
- STO SANTOS LIMITED 1.49%
- SUN SUNCORP GROUP LIMITED -0.07%
- SYD SYDNEY AIRPORT -0.46%
- TCL TRANSURBAN GROUP 1.65%
- TLS TELSTRA CORPORATION LIMITED. -0.46%
- VCX VICINITY CENTRES 0.92%
- WBC WESTPAC BANKING CORPORATION -0.22%
- WES WESFARMERS LIMITED -0.18%
- WFD WESTFIELD CORPORATION -0.42%
- WOW WOOLWORTHS LIMITED -0.81%
- WPL WOODSIDE PETROLEUM LIMITED 2.06%
Key Stories
Markets Live: Slater & Gordon wipe-out
Live
The market's early gains have just about completely faded, as Telstra and ANZ fall.
How low can BHP go?
With the fallout from the Samarco disaster still not fully known, few seem willing to call the bottom for BHP shares.
Slater & Gordon plunges as analysts cut
Slater & Gordon's share price has collapsed again, taking the amount wiped off the company's value this week to $700 million.
ACCC clears Australia Post's $1 stamp
The competition watchdog approves price rise of a basic stamp by more than 40 per cent even as Australia Post will take longer to deliver letters.
Will energy companies lose $3 trillion bet?
In Australia alone, more than $140 billion are at risk as producers invest in fossil fuel projects with a doubtful future ahead of climate change targets, think tank warns.
BHP: Analysts predict dividends will halve
BHP Billiton shares are facing more pressure after JPMorgan cut the miner to "sell", saying the company will need cut its dividend by 50 per cent next year.
Market Indices
Last updated: November 27, 2015 - 1:59PM
Last updated: November 27, 2015 - 1:59PM
Last updated: November 27, 2015 - 1:59PM
Last updated: November 27, 2015 - 1:59PM
Rio says coal slump to last at least five years
Rio Tinto coal and copper boss Jean-Sebastien Jacques says thermal coal prices are likely to stay depressed.
In Depth
Rolls-Royce's take on the driverless car
The carmaker's version can only come from a luxury marque: It comes with white gloves and a black tie.
Seven condoms don't equal 21 orgasms
German court tells condom maker to get its math right advertising its products: seven can't equal 21.
CEO wants $83m-plus for diamond
How much does the head of the company that unearthed the second-biggest ever diamond want for the gem? More than $83 million, that's all he'll say.
Workplace
Women, want a pay rise? Fight for one
Women have a part to play to reduce the gender pay gap. If you want a promotion, apply for it, and keep pushing until you get it.
Who owns your followers, you or your employer?
Sponsored: The lines between the public and the private are being increasingly blurred.
Markets
European bonds rally on bets of more ECB stimulus
Yields on German five-year notes touched a record low, along with their Austrian and Italian peers, ahead of next week's ECB policy meeting.
need2know: BHP falls in London
Local shares are poised to open higher as base metal prices lift on hopes China may buy some surplus supply, although BHP fell 2.4% in London.
Asian currencies at risk, says Morgan Stanley
Morgan Stanley's top currency strategist says Asia's fixation with the Fed is causing local investors to overlook risks in Europe.
- Oil lower as Mideast tensions ease
- Copper, nickel rebound on China support bets
- Ore prices to be checked by rising supply, says Fitch
- Dollar's heat may dampen RBA hopes
- Sell call for Spark given 'very high' TransGrid price
- Markets Live: ASX claws higher as CSL tops $100
- $A tanks as business investment shrinks
- Emerging market currency support curbs bonds
Search Quotes & Charts
The Economy
Capex slide puts budget forecasts in doubt
Business investment is collapsing at a record pace as resource companies accelerate cutbacks.
Weatherill breaks ranks with conditional backing of 15% GST
South Australia has broken ranks with other Labor states and come out in favour of a 15 per cent goods and services tax, with conditions.
Retail
Woolworths results 'frankly unacceptable'
It was an apologetic chairman that fronted shareholders today.
Seven condoms don't equal 21 orgasms, German court rules
Condom maker told it has to get its math right when advertising its products: seven can't equal 21.
Banking & Finance
Fintechs too keen on banks' 'bits and pieces': ANZ
ANZ's technology chief says start-ups trying to challenge banks are too often focused on pinching small pieces of business.
IOOF feels heat from shareholders
IOOF has been lambasted at its annual meeting by its shareholders for not doing proper due diligence on businesses it acquired that the company says now are the root of its troubles.
Mining & Resources
CEO wants more than $83m for biggest diamond in century
How much does the head of the company that unearthed the second-biggest ever diamond want for the gem? More than $83 million, that's all he'll say.
World Business
Seven condoms don't equal 21 orgasms, German court rules
Condom maker told it has to get its math right when advertising its products: seven can't equal 21.
Drug lobbyists' rising discomfort over Pfizer leaving US
Pharmaceutical giant Pfizer has long been the most politically active drugmaker in Washington.
China
Currency traders head to China for pay rises
From London to New York, currency traders are clearing their desks as business evaporates. It's a different story in Shanghai.
China's $1.65 trillion Ponzi problem
Chinese borrowers are taking on record amounts of debt to pay interest on their existing debt, prompting the rise of zombie companies.
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Property Focus
OpenCorp looks to crowds to fund developments
OpenCorp's unusual approach to the notoriously capital-intensive development cycle involves tapping funds from a pool of 415 retail investors, many of whom are family or friends.
Google looks to Wynyard Place as new home
Internet giant Google has emerged as the front runner to lease up the new space at Brookfield Property Partners' Wynyard Place at 10 Carrington Street in the heart of Sydney.
Strata office values soar
Strata office prices in a Flinders Lane building have doubled in two years as buyers snap up property in Melbourne's CBD.
Offshore developers move into suburbs
How much Christmas will cost you
Stockland's Christmas survey has revealed how much NSW residents will splurge on gifts, food and drink.
Executive Style
The Hollywood movie you'll never see
You won't live to see this John Malkovich film, but your children might.
Money
A rookie's guide to superannuation
With a few pointers up your sleeve, picking the right super account doesn't have to be painful.
Money worries can double divorce pain
Divorce is a painful, emotionally wretched event at the best of times. Sadly, it can also be a financially wretched event, particularly for women.
Small Business
'Keeping you both in the office is a no'
What do you do if both the alleged perpetrator and victim of domestic violence work in the same office? This business sacked the victim.
Be thankful you work in Australia
It's the time of year to give thanks that you work in Australia, not the United States (or anywhere else).
Business Video
Advice from Lang Walker
Maybe investors in CBD commercial property should be a little concerned as Lang Walker is out to make his biggest sale yet. MIchael Pascoe comments.
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Comment & Analysis
Woolies chairman makes right noises
Contains:
total comments9
This article contains a video.
Capex slide puts budget forecasts in doubt
Contains:
total comments5
Xero minus $NZ50m equals a big payday
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