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Showing 101 - 110 of 598 results for "December quarter"

Chief economist update: Japan reopens for business

BENJAMIN ONG | TUESDAY, 26 MAY 2020

... enough for an economy that's now in deep recession. Japanese GDP plunged at an annualised rate of 7.3% in the December quarter - as private spending tanked after the government lifted the consumption tax from 8% to 10% in October 2019 - the COVID-19 ...

Trust in big four improves

ALLY SELBY | MONDAY, 11 MAY 2020

... businesses. Greater Bank topped the index for the quarter for the first time, moving up four places since the December quarter. Bendigo Bank, which ranked first at the end of 2019, slipped to fifth place in the quarter. Trust in AMP increased by six ...

Pinnacle boutique launches Cayman fund

KANIKA SOOD | THURSDAY, 7 MAY 2020

... director at Morgan Stanley Australia. Pinnacle announced the partnership in February this year, alongside its December quarter results. It now has 16 partners, with the three recent additions being EM equities boutique Aikya Investment Management founded ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG | MONDAY, 4 MAY 2020

... 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. The turn in the US yield curve from negative to positive (in 1990, 2001 and 2008) ...

BlackRock profits slump during COVID-19

KANIKA SOOD | FRIDAY, 17 APR 2020

... The company's total operating expenses for the March quarter were about US$3 billion up from US$2.4 billion for December quarter. It skimped on marketing and promotional expenses (down US$40 million from previous quarter) but spent more in most other ...

ATO called to assist in early release super scheme

ELIZA BAVIN | THURSDAY, 26 MAR 2020

... system after the crisis ends." Australians had about $3 trillion invested in superannuation at the end of the December quarter 2019.

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG | THURSDAY, 5 MAR 2020

... 1.6% in the June 2019 quarter - the slowest pace in six years. The 0.4% increase in household consumption in the December quarter - driven by a "2.1% rise in clothing and footwear; 1.3% rise in furnishings and household equipment; 0.5% increase in recreation ...

Costs spiral for baby boomers

ALLY SELBY | TUESDAY, 18 FEB 2020

... prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter, costs were up around 2.1% for retiree couples, compared to 1.8% for the All Groups CPI. "Cost increases for retirees have exceeded ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG | TUESDAY, 18 FEB 2020

... at an annualised rate of 6.3% (from growth of 0.5% in the third quarter) and fell by 0.4% in the year to the December quarter after surging by 1.8% in the previous quarter. Japanese authorities can finger the blame on Typhoon Hagibis - which battered ...

Westpac also owed money by Sargon

KANIKA SOOD | THURSDAY, 6 FEB 2020

China's Taiping Trustees is not the only group owed money by Sargon and its related companies. There is also a roughly $35 million debt facility from Westpac bank, Financial Standard understands. The Westpac loan is in addition to previously reported ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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