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Showing 161 - 170 of 739 results for "March quarter"

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... next 12 months. Carney has every right to be concerned. The annual growth in UK GDP has slowed from 2.0% in the March quarter of last year to 1.1% in the September quarter (latest). Similarly, headline inflation has decelerated from last year's high ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... slowed markedly to 3.2% in the year to the September quarter, down from 12.8% in the June quarter and 12.3% in the March quarter. Recall that the RBA announced the first of its three rate cuts (so far) on the 4th of June. Perhaps, the RBA is correct ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... currency region's economy was heading into a recession. Annual GDP sequentially slowed from a high of 2.8% in the March quarter of 2011 into a 1.2% contraction two year later (March 2013). So has inflation. The annual growth rate in harmonised consumer ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... business investment which subtracted 4.0 percentage points off second quarter GDP after contributing 2.8 pps in the March quarter; inventories (-2.2 pps from +1.5 pps); and, net trade (+3.5 pps from -3.0 pps) However, note the sharp turnaround in net ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... one quarter of adviser FUA may be considered off-platform. The number of registered advisers fell 3% during the March quarter after growing by 12% year on year. The 3% dip is likely a reflection of advisers exiting the industry after the FASEA deadline ...

Mercer unveils best-performing Aussie equity funds

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... indices, the S&P/ASX 50 delivered the highest returns, while the Small Ordinaries Index had the weakest returns. The March quarter showed the opposite results, Vrkic said, noting there has been some rotation into stocks that had previously lagged the ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... inflation. Latest data show Australia's unemployment rate at 5.2% in May; headline CPI inflation at 1.3% in the March quarter and; the core inflation rate - average of trimmed mean and weighted median measures - at 1.4%. The annual growth in wages ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... Rule formula, given the relative deviations of inflation (1.4% average of trimmed mean and weighted median in the March quarter) from target (mid-point of 2%-3%), GDP growth (1.8%% in Q1 2019) from potential (3%) and the neutral cash rate of 1.5% then ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
... among Japan's large manufacturers. The Tankan index for large manufacturers dropped from a reading of +12 in the March quarter to +7 in the June 2019 quarter - the lowest reading since the September 2016 quarter (+6). To be sure, the survey was taken ...