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Showing 11 - 20 of 1945 results for %22June quarter%22

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... year-on-year basis. On a quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing the 0.8% increase in June. "The latest reading on CPI inflation indicates that while goods price inflation has eased further, the prices of many ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... starting from 8.69%. According to the non-bank lender, it identified an opportunity in the market following ATO's SMSF June 2023 quarterly statistical report. The report found that SMSFs hold an estimated $876.4 billion in total assets and there ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... kinds of levels," she said. The fund held some 30.4% in equities, of which 21.8% was in global equities at the end of the June financial year. Between FY22 and FY23, the fund increased its allocation to equities from 28.5% and dialled down weightings ...

Magellan FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... global equities strategy, which Rainmaker Information research revealed to have outflows of $763 million during the June quarter. However, Magellan chief executive David George said that the fund manager has begun to see early signs of a performance ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... Interestingly, the chief contributor to this decline was the Magellan Global Open Fund haemorrhaging $763 million in the June quarter. Further illustrating the shift in investment preferences, Neiron reiterated that smart beta strategies are on the rise. ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... 6.7% in August, falling short of prior Committee forecasts by 0.4%. Core goods inflation weakened, declining from 6.4% in June to 5.2% in August. Meanwhile, services inflation showed minor fluctuations, landing at 6.8% in August - down from 7.4% in July ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the impacts of previous hikes. Since, the Australian Bureau of Statistics has revealed GDP increased by 0.4% in the June quarter, mainly offset by exports and investments. While the recent pause may have caused temporary relief, the RBA warned that despite ...

Managed accounts FUM hits $162bn

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
Managed accounts assets jumped 19% in the year to June to reach a record high of $161.7 billion. This is according to the latest Institute of Managed Account Professionals (IMAP) and Milliman figures, which canvassed 48 firms in their survey. Separately ...

Future Fund posts 6% return

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
... generate meaningful returns from a diversified range of assets such as that owned by the Future Fund." Meantime, for the June quarter, the fund returned just 1.6%. For context, and while a direct comparison cannot be drawn, the median return for superannuation ...