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Showing 71 - 80 of 741 results for "June quarter"

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... "Normally in a recession, income falls and many people draw on their savings to get through the hard times. But in the June quarter, when fears about the pandemic were at their peak, the household saving rate surged to 20%, the highest in almost 50 years." ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... the December 2019 quarter (before the pandemic and the lockdown) to 6.0% in the March 2020 quarter and 19.8% in the June quarter - the highest it's ever been since 46 years. Household spending accounts for a big chunk - around 60% -- of the Australian ...

Financial advice more important than ever: HUB24

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... seeing record net inflows for a September quarter of $1.36 billion, up 10% on pcp. "Momentum has continued from the June quarter with strong flows driven from both new and existing licensee channels across self-licensed and boutique advisers, brokers ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... China is one of the very few countries that have dodged the global recession - growing by 3.2% in the year to the June quarter after slumping by 6.8% in the previous one. With the pandemic behind it the politburo can focus on strengthening the economy ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... remain weak in the near term, with a forecast fall of 11% in 2020-21. The government said the sharp contraction in the June quarter reflected a "pre-existing" slowing in activity, though exacerbated by COVID-19 lockdowns. Further declines are expected ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... countries with the exception of China will have suffered recession in 2020." Chinese GDP grew by 3.2% in the year to the June quarter after contracting by 6.8% in the first. Recent stats indicate the economy continuing to move onwards and upwards. The ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
... were also most pronounced in the inner suburbs, where vacancies increased by a little over 1 percentage point in the June quarter (REIQ 2020). In contrast, Perth vacancy rates declined to 1.6% in the June quarter, reflecting limited new supply following ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... corrections triggered by the coronavirus pandemic. On a year-on-year basis this equates to a 4.5% drop. During the June quarter, funds under management bounced back 6.3% or $48.9 billion, regaining almost half of the loss incurred in the March quarter. ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... Japan's past its worst - i.e. the worst economic slump on record with GDP collapsing at an annual rate of 28.1% in the June quarter. Worse than worst is this followed two quarters of negative growth: -7.0% (annualised) in the December 2019 quarter ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... and 2022 were unchanged at 5% and 3.2%, respectively. Euro area economic growth dropped by 14.7% in the year to the June quarter, that followed a 3.2% decline in the March quarter and a 1% expansion in December 2019. The ECB staff maintained its 2020 ...