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Showing 131 - 140 of 739 results for "March 2013 quarter"

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 ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood at 10.54%. The fund had planned to gradually, over 2020, increase its strategic asset allocation to infrastructure ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... their share of total and early-stage funding to insurtechs shrink, as total investment in the sector dropped in the March quarter. Insurtechs attracted US$912 million in the first quarter across the globe but the deal activity slowed down significantly ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... the end of March, my view is that given the average super funds' Australian equities option went down 21% in the March quarter compared to the -21% ASX fall (the difference largely due fees), I'd say the equilibrium has been maintained," he said. According ...

Pinnacle boutique launches Cayman fund

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... Investment Management owns a minority stake has launched a new vehicle after delivering 16.5% in returns for the March quarter. Reminiscent Capital's Asia Macros Master strategy has so far been available as an Australian unit trust but will now be ...