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Showing 121 - 130 of 598 results for "December quarter"

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 ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... data paints a softer picture of the economy than do the labour market data. GDP rose by just 0.2 per cent in the December quarter to be 2.3 per cent higher over 2018", the Australian central bank is more optimistic this time, stressing: "The central ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... data paint a softer picture of the economy than do the labour market data. GDP rose by just 0.2 per cent in the December quarter to be 2.3 per cent higher over 2018." Employment growth remains strong... but the lead from the ANZ job ads series indicates ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... global economy and trade wars that continue to afflict his term. The Philippines grew by 6.3% in the year to the December quarter, outperforming its peers: over the same period, Indonesia grew by 5.2%; Malaysia by 4.7%; and Thailand by 3.7%. It would ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... equities in the final quarter of last year had a significant impact on the result. "The slowdown in the ASX in the December quarter has had a major negative impact on household wealth, particularly on superannuation and directly held shares," Morris ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... prices in some cities." Speaking of household income, the Budget predicts the wage price index - up 2.3% in the December quarter - to grow by 2.5% in FY 2018/19 (still feasible) before accelerating to 2.75% the following year and 3.25% the next. Whether ...