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Showing 11 - 20 of 70 results for "Capex"

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... a few aren't certain that the underlying direction in business investment is down. So it was. The September quarter capex report offered little surprise. Here's the headline take from the ABS' September 2020 quarter report: - Total new capital ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... be $30,250 better off on average with an industry super fund account. A survey of nine industry funds suggested forward CAPEX spending would be around $33 billion, of which, $19.5 billion in CAPEX will create over 200,000 jobs between 2020 and 2023. ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

HUB24 wins out over Netwealth: Ord Minnett

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... with both trading on similar FY21 PE ratios but HUB24 growing ~6x more rapidly in FY21 and ~3x in FY22 (using like-for-like capex, share based payments & tax adjusted EPS),"Ord Minnett head of institutional research Nicholas McGarrigle said in a note ...

Capital raisings top $27bn, dividends down $10bn

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... vast majority of raisings, 91%, were for financial flexibility and liquidity, while the remaining 9% were for expansionary capex.

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... from +7); large non-manufacturing index (+21 from +23); large non-manufacturing outlook (+15 from +17); and all industry capex intentions (+6.6% from +7.4%). Fortunately, household spending had been holding up well - retail spending rose by 1.9% in the ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... for businesses (lower official cash rate) could encourage increased capital expenditure - evident in the 14.9% increase in capex intentions for 2019/20 in estimate 3 of the capex survey from estimate 2 - as well as the stabilisation in the property market. ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... doesn't apply to the current environment" where the official cash rate is heading to zero. Australian total private new capex fell by 0.5% in the second quarter following a 1.3% decline in the March and the exact opposite of market expectations for ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... covenants which required Blue Sky to maintain a minimum balance for cash, recurring EBITDA, net tangible assets and annual capex. These were to be measured quarterly. Blue Sky met them for the December quarter but on May 9 said it was in breach of the ...

Blue Sky dissolves chief executive role

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... Blue Sky to maintain a minimum cash balance, minimum cash recurring EBITDA, minimum net tangible assets and minimum annual capex. These were to be measured quarterly. Blue Sky met them for the December quarter but on May 9 said it was in breach of the ...