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

Search Results

Showing 31 - 40 of 598 results for "December quarter"

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA to $78 billion. This included $2.6 billion of net inflows, up 25% on the prior corresponding period. ...

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... that our shareholders can participate in the future," he said. The acquisition is expected to complete in the December quarter of 2023.

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... significant inflationary contributors. Of note, inflation for services also increased to 6.1% from 5.5% in the December quarter, the highest level since 2001. Treasurer Jim Chalmers said the latest ABS data confirms that inflation has passed its peak ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... exceeding, the ASFA Comfortable Standard to maintain their desired living standard in retirement. In the 2022 December quarter, the advocacy body reported the comfortable standard for a couple is $69,691 and around $49,462 for a single person. "Australians' ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their retirement income ...

One in 10 adults interested in crypto: Report

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... one investment in crypto assets, according to a new report. A survey carried out by Investment Trends in the December quarter last year found about 1.95 million Australians have made an investment, however about 390,000 have since liquidated their holdings. ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... added. Meanwhile, AMP chief economist Shane Oliver said underlying inflation surprised on the upside again in the December quarter and retail sales have remained solid. Consequently, the RBA is likely to raise rates. QIC chief economist Mathew Peter ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... December 2022 (3Q23) was "slightly" up on the same nine months a year earlier, a period it said included a "record" December quarter. The group highlighted its commodities business and said FY23 YTD net profit contribution was "substantially" up on the ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... "It has been taking a more balanced approach to returning inflation to target," he said. "Higher than expected December quarter inflation is a concern and is now likely to see the RBA hike rates by another 0.25% in February. "But it's likely to be the ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive ...