Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 100+ results for "June quarter"

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... year and around 4.5% at the end of 2022". As for inflation, it's expected to rise temporarily "above 3% in the June quarter because of the reversal of some COVID-19-related price reductions" but largely, the RBA expects only a "gradual and modest" ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... which is lower than pre-pandemic levels, and the economy contracted just 2.5%. It is forecast to reach 4.75% in the June quarter of 2023 - the first time since the years leading up to the Global Financial Crisis and the second time since the early 1970s. ...

Queensland advice firm joins Connectus

KANIKA SOOD  |  THURSDAY, 29 APR 2021
... are separate from the newer Connectus Wealth Advisers network. The Aspiri transaction is expected to close in the June quarter and is subject to customary closing conditions. Aspiri was founded in 2004 by Gavin Kelly in Newstead, Queensland. It advises ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... through. Catella expects its earnings to take a massive hit in winding up IPM of about $15.8 million (SEK102.5m) in the June quarter. Catella chief executive Christoffer Abramson said liquidating IPM was an "unfortunate decision we have had to make". ...

IPO outlook positive for 2021

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... slow year; 84% of the 74 companies listed in the second half, an improvement on the 12 listings by the end of the June quarter. Despite this, the total number of IPOs was down on the five-year average of 89. Total funds raised over the year was also ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... September quarter following two consecutive quarters of contraction -- -0.3% in the March quarter and -7.0% in the June quarter. The unemployment rate has fallen to 6.6% in December after peaking at 7.5% in July last year. Australia's success in ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... this happened was in FY09 when it returned -5.1%. In 2020, Future Fund returned -3.4% in March quarter, -0.7% in June quarter, 1.1% in September quarter and 4.9% in December quarter. The main fund increased its cash position throughout 2020. At March ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... quarter-on-quarter (from -8.3%) and its year-on-year rate of contraction has eased to minus 5.8% from negative 10.2% in the June quarter. Manufacturing and service sector activity - as measured by the au Jibun Bank Japan PMI - rebounded from the record ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... still under. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest data shows the economy continues to improve. The ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... employment and the participation rate higher than expected. The unemployment rate is expected to fall to 6.25% by the June quarter 2022, in line with the recovery in activity, reaching 5.25% by the June quarter 2024," MYEFO stated. As such, to Titus ...