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Showing 131 - 140 of 743 results for "March 2013 quarter"

Property yet to show COVID-19 pain

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
House prices rose during the March quarter, despite expectations for the opposite, according to the latest statistics published by REIA. The research shows that during the March quarter the weighted average median price for houses for the eight capital ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... Australian Bureau of Statistics data shows the super sector was smashed to the tune of $207.9 billion during the March quarter, as the total unconsolidated assets of super funds took a 6.9% tumble as COVID-19 smash financial markets. Now standing at ...

Hedge funds record best month since GFC

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... posted their highest one-month returns since May 2009, but still have a long way to go before they can pare back March quarter losses. Preqin's All-Strategies Hedge Fund benchmark returned 5.82% in April as most stock markets rebounded in the month ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... is expected to be." Frydenberg's statement comes after the Australian Bureau of Statistics (ABS) released its March quarter 2020 National Accounts report that showed the economy contracted by 0.3% in the first three months of the year. But unlike ...

Housing affordability improves

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
Housing affordability marginally improved during the March quarter, with the proportion of income required to meet loan repayments decreasing by 0.1%. The report comes out of industry body REIA, which found that affordability improved in NSW, Queensland ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Australian Gross Domestic Product fell 0.3%, seasonally adjusted, in the March quarter and growth slowed to 1.4% through the year, according to figures released by the Australian Bureau of Statistics. ABS chief economist Bruce Hockman said this ...

COVID-19 deepens life insurer losses

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... March, taking a significant hit from the previous year's profits of $759 million, according to APRA statistics for March quarter. The life insurance industry had $185.3 billion in total assets at March end after falling 20.1% in 12 months. The revenue ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation assets in the March quarter. As part of this, SMSF assets fell by 9.4%. However, Verante director and SMSF specialist adviser Liam Shorte told Financial ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... The New York Stock Exchange, NASDAQ, Tokyo and Japan exchanges have all reported a surge in their revenues in the March quarter, as the markets became more volatile. Exchanges generate their revenues from trading-related fees (like transaction, clearing ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... focus on what they do best - investing," Cubbin said. Fidante Partners FUM fell 11% to $56 billion according to its March quarter update. The business last February added London-based alternatives boutique FME Asset Management but it closed last year ...