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

Search Results

Showing 21 - 30 of 669 results for "September quarter"

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... unless annual growth in the quarterly trimmed mean inflation measure falls to at least 3.25% - from 3.5% in the September quarter. My expectation is that it will fall to only 3.4% - which would be good, but not good enough."

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... Regal grew its funds under management (FUM) to $18 billion at the end of December, marking a 4.6% rise on the September quarter. Some $700 million was net inflows recorded in the last three months of 2024. Regal also scored a $200 million mandate from ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... doldrums, prompting the Productivity Commission to declare revitalising productivity growth as a national priority. September quarter figures showed labour productivity has fallen 0.8% through the year, affecting both the market and non-market (government-dominated) ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
Household wealth rose for the eighth consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... 62%. FUM in ETPs rose $21 billion from June to September, ending the quarter at $227 billion. Net flows in the September quarter of $13.1 billion exceeded the net flows in the June quarter by 51%. During this period, 17 new products were introduced - ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... now chief operating officer. Allan Lo Proto is the chief risk officer and now oversees the US business. In the September quarter, the corporate trust unit's funds under administration (FUA) reached $1.2 trillion, while the wealth management business' ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... discretionary spending - which could have had an inflationary effect. "illion's Consumer Credit Stress Barometer for the September quarter showed that, for the first quarter of this financial year, credit stress improved, shoring up the finances of struggling ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian gross domestic product (GDP) rose 0.3% in the September quarter 2024 and by 0.8% since September 2023, according to figures released by the Australian Bureau of Statistics (ABS). "The Australian economy grew for the 12th quarter in a row ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total superannuation assets increased by 3.7% over the quarter ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
The Wage Price Index rose 0.8% in the September quarter and 3.5% for the year, according to the latest data from the Australian Bureau of Statistics (ABS). ABS head of price statistics Michelle Marquardt said this was the first time annual wage growth ...