Lendlease (LLC) posted FY NPAT of $698.2m up 13%, helped by higher residential settlements and pre-sales boosted by high demand for residential and commercial properties in South Eastern Australia: Medibank Private (MPL) has posted a slightly above consensus 46.4% lift in FY earnings to $417.6m: Insurance Australia Group (IAG) posted... Show More
Macro outlook: China stimulus and US Fed backflip to support commodities in the next 6-12 months as declining global growth drives more central banks to keep easing bias and deliver more stimulus. Growing debt and deficit problems have forced governments to deliver a low risk and low growth agenda to... Show More
Woodside Petroleum produced 92.2 million barrels of oil equivalent in 2015, in the middle of its guidance issued last month. The energy giant has flagged writedowns of up to US$1.2bn as it battles plunging oil prices MORE MARKET NEWS AT https://www.commsec.com.au/market-news/the-markets.html Show More
Aussie markets delivered a big positive day against expectations after WPL decided have a go at OSH and force the market to look at the underlying fundamental value of the business we were selling down. Shangbang is positive and we may be seeing the index experience valuation support as the... Show More
