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Showing 51 - 60 of 455 results for "June quarter 2013"

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... measures - have saved the Chinese economy from falling into a technical recession; GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10% contraction (minus 6.8% y-o-y) in the March quarter. More recent reports ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. OPEC+ production cuts plus the easing of social distancing and the re-opening of many businesses in an increasing number of countries around the world ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
"Toto, I've a feeling we're not in Kansas anymore." - Wizard of Oz Data revealed in the latest US National Accounts gave meaning to declarations that we are living in unprecedented times. Some would be concerned, but most would understand, reading ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician had been tracking consumer prices. This ...

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Northern Trust's survey of its American not-for-profit institutional clients found strong performance in the June quarter but year-to-date returns are still negative at pension funds and the like. Public funds -- which have about 50% in equities -- ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... produced kind results. It has saved the economy from a technical recession - GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10.0% contraction (minus 6.8% y-o-y) in the March quarter. Activity measures ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
Treasurer Josh Frydenberg has announced the country's biggest ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...