There are lots of value analyses floating around today hoping for an end to the commodity bear market. Some are about more foreign buyers arriving in Australian shares, from Deutsche via The Australian:
International buyers jumped back into Australian equities in the last quarter, according to Deutsche Bank research, with US and Japanese investors, in particular, pushing the market higher.
“Foreign investors remain steady buyers of Australian equities (average of ~$10bn per quarter over the past 3 years), DB strategist Tim Baker said in a note this morning.