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Showing 91 - 100 of 573 results for "December quarter"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... offset" (ABS) - household consumption rose by just 0.1% over the three-month period to its slowest pace since the December quarter of 2008 (GFC days). Where have the dividends from Morrison's tax offset and reduced mortgage repayments go? They were ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... the one-year returns. "In a practical sense, what is going on with super fund returns is that the awfully low December quarter returns of last year are now beginning to wash through the superannuation system and what we are seeing is the compounded effect ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... Is it? Will it? The US National Bureau of Economic Research timed the last US recession to have started in the December quarter of 2007 - the ISM manufacturing index reading in December of that year was 49.0 (and was still at expansion levels months ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... 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 minimum recurring cash EBITDA covenant as at March 31 and it was talking to Oaktree ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... percentage point rate reduction from 5.25% in 2006 to 4.25% in 2007 was unable to prevent the US recession from the December quarter of 2007 to the June quarter of 2009. But perhaps, this time is different. The US unemployment rate is at near 49-year ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... estimate show UK GDP contracted by 0.2% in the second quarter - the first quarterly rate of decline since the December quarter of 2012 - taking the economy's annual growth rate down from 1.8% in the first quarter to a seven-year low of 1.2%. While ...

Blue Sky dissolves chief executive role

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... 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 minimum recurring cash EBITDA covenant as at March 31 and it was talking to Oaktree ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit after tax of $536 million for the March, 2019 ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... 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 minimum recurring cash EBITDA covenant as at March 31 and it was talking to Oaktree ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
"Annual wages in seasonally adjusted terms grew 2.3% for the third quarter in a row. The main contributors to growth over the quarter were regularly scheduled wage rises in the health care and social assistance and education and training industries ...