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Showing 341 - 350 of 473 results for "June quarter 2014"

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
Following last Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization ...

Retail fund FUM drops $12bn

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
Funds under management (FUM) across the retail managed funds sector dropped almost $12 billion to $532 billion during the June quarter, with Australian Wealth Management (AWM), BT Financial Group and NAB/MLC posting the biggest losses. The Plan for ...

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
... by 25 basis points to 7 per cent. Australian real gross domestic product advanced by a meagre 0.3 per cent in the June quarter - the slowest quarterly growth rate in three and a half years - from 0.7 per cent in the previous three month period. This ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
... domestic activity remains in good stead. Among them: The current account deficit narrowed to A$12.7 billion in the June quarter - the smallest deficit in three years -- from a record A$19.8 billion deficit in the previous three-month period. The improvement ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
This Week's Market Movers (1 - 5 Sep 2008) Four of the world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) ...

Rate cut? maybe not

BENJAMIN ONG  |  FRIDAY, 29 AUG 2008
There we have it, capital investment by Australian companies - past and planned -- remains solid. This underscores the domestic economy's resilience to the turmoil in the credit markets and the weakening global economy. However, instead of completely ...

Nothing new

BENJAMIN ONG  |  FRIDAY, 15 AUG 2008
Key economic data released overnight provided no new insight for financial markets but only to confirm the current state of the world - that of slowing growth and still high inflation. While inflation appears to be easing in Australia, consumer prices ...

Same old same old

BENJAMIN ONG  |  THURSDAY, 14 AUG 2008
Financial market speculation for an imminent RBA rate cut remained despite yesterday's positive news on domestic inflation and consumer sentiment. But this also did not stop the sell-off in the local sharemarket and investors seeking safety in bonds. ...

Financial woes continue to haunt

BENJAMIN ONG  |  WEDNESDAY, 13 AUG 2008
The Australian stockmarket is set for another down day of trading and bond yields will head lower if Wall Street's overnight perfromance is anything to go by. US share prices slipped while bonds were higher on the back of more news of losses in the ...