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Showing 91 - 100 of 774 results for "June 2014 quarter"

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... employment and the participation rate higher than expected. The unemployment rate is expected to fall to 6.25% by the June quarter 2022, in line with the recovery in activity, reaching 5.25% by the June quarter 2024," MYEFO stated. As such, to Titus ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... most of Australia," Seneviratne said. Residential assets rose $86.8 billion, recouping the losses experienced in the June quarter. Holding gains of $73.6 billion on residential assets reflected a rebound in property prices as social distancing measures ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... Over the September quarter, 5607 SMSFs were established with just 77 windups, compared to nearly 5000 windups in the June quarter. There are currently 591,905 SMSFs with a total of 1,112,109 members. From the member base, 53% are males and 47% are female ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... quarter-on-quarter (from -8.3%) and its year-on-year rate of contraction has eased to minus 5.8% from negative 10.2% in the June quarter. The details are even better with the National Accounts showing that household consumption contributed 2.7 percentage ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... recession. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China PMI surveys portend the growing times ...

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

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... succumbing to the recession that has struck most nations around the world. 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: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... still under. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. Latest PMI surveys indicate that the fourth quarter would ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... exception of Victoria indicates that the 6.7 percentage point household spending subtracted from national output in the June quarter would not be repeated in the September quarter. However, the recovery in domestic demand suggests that net exports (exports ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP in the June quarter - the worst on record -- the fresh prime minister of Japan has his work cut out for him. The severity of the June quarter ...