Page 11 - Broker Wrap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Weekly Broker Wrap: City office demand; online’s rocky road; Oz telcos; CBD; rent’s CPI impact -Rental down-cycles typically follow a sharp increase in vacancy -Time to reweight back into e-commerce and pure online quality names -Purchasing maximum amount of spectrum in all markets helps Telstra maintain network advantage -Post-covid, firms will only require 80% of their existing CBD footprint By Mark Story Australian office Based on research undertaken by Citi, evidence from past office cycles indicates that year two of a cycle is worse than year one, with higher vacancy typically coinci...

-CBA enters BNPL to protect market share -New vehicle sales up 22% in March -Online marketplaces ripe for consolidation -Employers with hybrid work strategies could have 20-25% remote employees By Mark Story CBA’s BNPL entry Having taken a stake in the buy now pay later (BNPL) firm Klarna in 2019, Commonwealth Bank ((CBA)) is launching its own BNPL product to the bank’s consumers, which can be used anywhere Mastercard is accepted. Morgan Stanley believes Commonwealth Bank’s decision to launch a BNPL offering was in part driven by desire to protect its market share with younger customers...

-National house prices up 2.8% in March -Auction clearance rates hit record 83% -Melbourne CBD assets under greatest pressure -Woolworths sustains market share gains over Coles By Mark Story Housing recovery: A tailwind to economic growth Having delivered the strongest monthly price growth since 1988, national house prices were up 2.8% in March from February, which underscores broad-based strength across loan demand, construction and turnover; and all are expected to provide a tailwind to broader economic recovery. While detached house prices continue to lead the strength (3.1% for the month,...

-Amcor trading on attractive valuations -Transition to green economy not driving the super-cycle -Ten-year yield of 3.5% a trigger point for questioning debt sustainability -Next macro-prudential round may focus on limiting high DTI lending By Mark Story Packaging: Amcor benefits from above-average volume trends Solid packaging volume trends across both food and beverage categories bode well for Amcor ((AMC)). The consumer packaging company is benefiting from US and EU monthly rolling three-month food volume growth up 11% and 5% respectively versus the previous period; and US sports drinks an...

Mar 05 2021 Weekly Broker Wrap: BNPL rankings; investor interest in beef; Aged Care RC; APRA to tighten lending; happy Aussies -Greater clarity into the BNPL sector -Sustainability drives beef innovation -Macroprudential measures ahead By Mark Story Tracking customer momentum: BNPL Within a new dataset, which will be updated monthly, Macquarie tracks the number and average score of ratings across Google Play and Apple App store to gain further colour on Buy Now, Pay Later (BNPL) customer usage and sentiment. Given that customer growth and market share are a key focus metric within the BNPL se...