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Showing 101 - 110 of 673 results for "September quarter"

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... forecasts. "In Australia, the economic recovery is under way and positive GDP growth is now expected in the September quarter, despite the restrictions in Victoria. It will, however, take some time to reach the pre-pandemic level of output. In the central ...

Lift in financial services jobs

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... recovery, particularly in the financial services industry, which recorded a 21% rise in hiring activity in the September quarter. Overall, the job market rose by 15% mostly driven by the demand for casual employment, according to Sunsuper's latest ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive growth rather than slightly negative." The Australian economy fulfilled the technical ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
AMP has reported a tough September quarter that saw several clients exit, leaving many business units with lower cash flows. The latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and 10-year performance now sits at about 9% p.a.

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
Australia's sovereign wealth fund grew 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 ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... the previous three-month period. The index for large non-manufacturers increased to a reading of -12 in the September quarter from -17 in the previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... from cash, according to Vanguard and the ASX. International equity ETFs had nearly $2 billion of inflows in the September quarter, followed by domestic equity ETFs at $1.18 billion while cash ETFs had $150.9 million in inflows. Vanguard head of capital ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... strengthening the economic recovery. It's on its way. China's GDP expanded by 4.9% in the year to the September quarter, strengthening from the June quarter's growth of 3.2% which itself, represented a sharp recovery from the 6.8% contraction ...

Financial advice more important than ever: HUB24

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... financial advice is more important than ever as it posts record inflows and signs close to 30 new licensees in the September quarter. Staging a $260 million bounce back after it suffered from the impacts of COVID-19, funds under administration were up ...