Page 10 - Broker Wrap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

-Upward pressure on construction/mining wages -RBA likely to hike ahead of 2024 guidance -Major global spend of accumulated savings predicted -Bank outperformance the market by 18% year-to-date -Travel stocks not all equal By Mark Story Labour shortages: Mounting wage pressure Assuming international borders remain closed until mid-22, Jarden expects unemployment to fall to 4.5% by the end of 2021 and 4% by the end of 2022. However, Jarden believes a lack of skilled labour presents downside risks which could see hiring slow below the brokers modest 1.5% year-on-year forecast. Driven by strong ...

10:27 AM Weekly Broker Wrap: BNPL competition hotting up, corporate travel rebound, banks poised to splash more cash, listed property & the WFH dilemma -Its not prohibitively expensive/difficult to replicate Afterpay's product -Flight Centre most at risk from Qantas' cut to commissions -Corporate travel bookings now at 85% of 2019 levels -Capital management a key upcoming catalyst for major banks -74% surveyed favour a hybrid model of working By Mark Story BNPL: Afterpay & Zip Co under fire Given the relatively lower barriers to entry into the BNPL sector, UBS has run a ruler over key players...

10:01 AM Weekly Broker Wrap: Refining package revives Viva/Ampol, BNPL users a disloyal mob, Oz utilities squeezed by renewables, Oz banks cut costs -Canberra's rescue package improves Ampol/Viva’s earnings outlook -Global BNPL transaction forecast to grow to US$2.7trn by 2030 -Wholesale electricity prices forecast to remain under $60/MWh until 2026 -Westpac leads bank cost-cutting Refineries: Rescue package In an attempt to ensure Australia’s two last remaining refineries owned by Viva Energy ((VEA)) and Ampol (formerly Caltex Australia) ((ALD)) stay open until at least 2027, the federal...

Weekly Broker Wrap: Budget 2021 broadly equity market friendly, BNPLs US eclipse, online moderating, Mining & Infrastructure run-up -Absence of fiscal (budget) repair may put upward pressure on interest rates -Average US BNPL company growing over 10% quarter-on-quarter -Mining & Infrastructure Services companies have 2-3 years to reach peak -Consensus Data revenue for mining services forecast to increase 17% by FY23 By Mark Story Budget: Good for growth and good for jobs Given that it includes ample near-term stimulus, no tax hikes and plenty of medium-term spending initiatives, Wilsons suspe...

10:00 AM Weekly Broker Wrap: Oz Fund managers mixed fortunes; inflation jitters unwarranted; media rides ad recovery; Oz housing continues strengthening -ASX-listed fund managers trading at a -30% discount to all industrials -Australian companies have cited a stronger inflation pulse in recent weeks -Corporates believe rising costs can be mitigated early in cycle without impacting profitability -Regional houses have stronger growth than capital cities in annual terms at 13.0% By Mark Story Oz fund managers: Mixed bag for March quarter Positive markets and foreign exchange movements in the M...