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Showing 1 - 10 of 592 results for "December quarter"

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... lump sum new business fell 11.2% year-on-year to $809 million. However, new lump sum sales edged up 1.3% in the December quarter to $203 million. This was up slightly from the September quarter, but still down 5.3% from the same quarter a year earlier. ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... quarter." Trimmed mean, or underlying, annual inflation was 2.9% in the March quarter, down from 3.3% in the December quarter. This is the lowest annual trimmed mean inflation rate since the December 2021 quarter. Saxo chief investment strategist Charu ...

Nearly $9bn leaves Perpetual

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... Management's outflows were $1.7 billion. It ended with $42.5 billion for the period, down 4.9% compared to the December quarter. Perpetual Asset Management's AUM of $21.3 billion was impacted by net outflows in Australian equities and multi-asset ...

Productivity problem a long-term trend: PC

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
Australia's productivity continued to stagnate in the December quarter, suggesting that the productivity problem may be part of a long-term trend. The Productivity Commission's (PC) latest quarterly productivity bulletin found labour productivity ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... will be announced, judging from the most recent inflation data. The Consumer Price Index (CPI) rose 0.2% in the December quarter and 2.4% annually. Meanwhile, annual trimmed inflation fell to 3.2%, which is notably lower than the RBA's expectation ...

SMA registrations double in three years: Data

JAMIE WILLIAMSON  |  FRIDAY, 31 JAN 2025
... five-year average, indicating a consistent trend of new product issuance. "While overall registrations for the December quarter are in line with the five-year rolling average, it is again managed accounts which continue to see exponential growth, a trend ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... Bernard Reilly acknowledged the asset manager's performance was a mixed bag. "There was a mixed performance in the December quarter across our three businesses. In our asset management business, while AUM increased by nearly 4%, supported by positive ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... said. "And if you look at the underlying measure, the trimmed mean measure, it was 3.2% through the year to the December quarter, down from a revised 3.6%. If you look at the trimmed mean number in the quarter, it almost halved. It's now 0.5% and that ...
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