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Showing 171 - 180 of 599 results for "December quarter"

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
... Australian GDP growth went from a low 0.4% contraction in the September quarter of 2016 to a high 1.1% surge in the December quarter of the same year. The latest National Accounts report show GDP growth accelerated to 0.8% in the second quarter of this ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... assumed." Certainly looks like it. ABS data shows that the underemployment rate had risen above the 7.8% high (December quarter 2009) recorded during the global financial crisis starting in the third quarter of 2014 and has continued to trend higher ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... slowed GDP growth from a peak of 3.7% in the year to the September of 2010 to a mere 0.5% in the year to the December quarter of 2012 that, in turn, contributed to the deceleration in measured inflation, prompting the BOC to lower interest rates again ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... sees the first quarter slowdown - GDP slowed to an annualised 1.2% rate in the March quarter from 2.1% in the December quarter - as "transitory", and one that should provide an easy comparison when the second quarter figures are estimated, partial indicators ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
... Survey report confirmed that the first quarter slowdown in Australia's economic growth (to 1.7% from 2.4% in the December quarter) was anything but transitory. Although the business conditions index dipped by one point to a reading of +12 in May from ...

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... implications for the Australian economy. This is because of the property market's large multiplier effect. The December quarter 2016 Australian National Accounts revealed that total dwelling investment accounted for only roughly 6% of GDP. Not much. ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... expenditures. Total wages growth remained at an all-time low 1.9% in the year to the March quarter - the same as the December quarter - with private sector wages increasing by 1.8% (unchanged from the December quarter) and public sector wages up by 2.4% ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average benefit payment from the December quarter increased from $16,256 to $27,900. The majority of members (60%) opted for income streams rather than lump sum payments. Interestingly ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
... activity in the sector. Also, the faster than expected 6.9% first quarter growth rate (from 6.8% in the year to the December quarter) in the Chinese economy provides a buffer to Prime Minister Li's 6.5% growth target for 2017 should growth slow. Besides ...