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Showing 121 - 130 of 573 results for "December quarter"

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... interest rate policy has produced an economy that is growing faster than China - GDP grew at 7.3% in the year to the December quarter - to the point of overheating that it's lifting inflation. Turkey's core inflation rate had been in double-digits ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... (3.9% unemployment rate and still tame wages growth). The Budget predicts the wage price index - up 2.1% in the December quarter - to grow by 2.25% in FY 2018-19 (still feasible) before accelerating to 2.75% the following year and 3.25% the next. Whether ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... which added to 0.43 percentage points in the first quarter, partially reversing the 0.53 pps subtraction in the December quarter. Although business investment slowed from an annualised growth rate of 6.8% to 6.1% in the March quarter, it is the top contributor ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... that, taking the average of the two measures, core inflation had been steadily accelerating from 1.5% in the December quarter of 2016 to 1.95% over the past quarter. While now above the RBA's (February 2018) forecast of 1.75% by the end of the June quarter ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
... at twice (19%) the pace of overall superannuation products (10%), even though MySuper's 12-month growth in the December quarter was lower than the September quarter (24%). Biggest MySuper winners in the December quarter included 30-50 age cohorts in ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... The "weighted average of eight capital cities" residential property prices increased by 5% in the year to the December quarter, slowing from 8.3% in the September quarter and 10.2% in the June quarter. Except for Darwin and Perth where house prices have ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... Australian Bureau of Statistics' (ABS) National Accounts report showed the economy grew by 2.4% in the year to the December quarter - a tad slower than the 2.5% annual growth rate recorded in the same quarter of last year. This helps explain the RBA's ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... growth strengthened from 1.8% in the year to the March quarter to 2.9% in the September quarter (we'll get the December quarter update later today); the unemployment rate improved from 5.7% in January 2017 to 5.5% in the same month this year; business ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... improvement is yet to translate into faster wages growth. The Wage Price Index (WPI) grew by 2.1% in the year to the December quarter, marginally above the previous quarter's 2% and not far above the record slowest 1.9% growth in the June quarter. A ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... data dependence says, this won't be too soon as evidence by recent "data" showing sluggish wages growth in the December quarter. 'twas same old, same old for the ECB too with the minutes of its 24-25 January meeting revealing that the Governing Council ...