Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 741 results for "March 2015 quarter"

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... rate, forecast in the 2020-21 Budget to peak at 8% in the December quarter, is now forecast to peak at 7.5% in the March quarter 2021, with both employment and the participation rate higher than expected. The unemployment rate is expected to fall to ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The life insurance industry has continued to take a hit to profit, with risk products reporting significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... market (32.7% of total exports) - has dodged a recession and its growth momentum is accelerating, from -6.8% the March quarter to +3.2% in June to +4.9% in September. South Korea - our third biggest export client (5.0%) - has bounced out of recession. ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's long-term financial position and noted ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... these have been mostly saved - the household savings ratio soared to 19.8% in the June quarter from 6.0% in the March quarter and 3.6% in the three months ended December 2019. To quote governor Lowe: "What are people going to do with this extra saving ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... quarter, funds under management bounced back 6.3% or $48.9 billion, regaining almost half of the loss incurred in the March quarter. The top four providers recorded lower funds under management: AMP ($137.4bn, down 12.1%), NAB/MLC ($110.8bn, down 7.5%) ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... Wholesale and retail managed funds have recovered almost half of the pandemic-induced losses incurred during the March quarter, new research from Plan For Life shows. Both wholesale and retail managed funds ended the 2019/20 financial year down 4.6% ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... 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 HICP inflation forecast at 0.3% but lifted it to 1% (from ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
Financial markets view the A$ as a risk currency - it's sold off in times of heightened uncertainty - and has a high growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
... benefits offered by Argo Infrastructure." Interestingly, while Australian shares plummeted more than 23% in the March quarter, the portfolio fell by just 6.5%, assisted by a drop in the Australian dollar. The performance of infrastructure assets varied ...