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Showing 161 - 170 of 1947 results for %22June quarter%22

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... reach the pre-pandemic level of output. In the central scenario, GDP growth is expected to be around 6% over the year to June 2021 and 4% in 2022. The unemployment rate is expected to remain high, but to peak at a little below 8%, rather than the 10% ...

Lift in financial services jobs

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... demand for workers in permanent roles (24.4%) and in contingent roles (27.3%). Jobs growth in Victoria has improved since June, particularly in contingent work. The ACT recorded increased employment levels also in the areas of casual work, although overall ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... incentives by 56% on the previous year among other measures. The non-executive director fees were also trimmed by 20% starting June 1, for an initial period of six months. Its top seven executives made a combined $9.4 million in the year, down from about ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... September - nearly 80% of its total haul from the segment in all of FY20. Macoun said the firm saw inflows resume in May and June, returning to "normal" levels by September. "We said [at FY20 results] that institutional inflows that we were expecting ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... exception of Victoria indicates that the 6.7 percentage point household spending subtracted from national output in the June quarter would not be repeated in the September quarter. However, the recovery in domestic demand suggests that net exports (exports ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... rental income at the properties, with the fund delivering investors an annualised distribution yield of 7.3% and 7.5% in the June and September 2020 quarters, respectively." Elanor said it is expecting the strong sector fundamentals to remain and is ...

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
... Victorian Department of Health and Human Services (DHHS) showed that daily new cases in Victoria jumped from zero on the 8th of June to 687 on August 4 - almost seven times higher than the March peak of 106 new cases. The restrictions worked and brought ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... of legacy business" related to AMP Life. Average assets under management reduced to $189.8 billion from $191.9 billion in June 2020. ESSSuper, Legalsuper and QSuper were some of the big clients that severed ties with the group in the last six months. ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... material life insurance industry suffered losses of around $1.23 billion on income protection portfolios in the year to 30 June 2020. In addition, ClearView said it expects COVID-19 impacts will further drive a decline in income protection claims form ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP in the June quarter - the worst on record -- the fresh prime minister of Japan has his work cut out for him. The severity of the June quarter ...