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Showing 31 - 40 of 779 results for "June quarter"

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... pressures that've caused "further strain on retirees." Insurance premiums saw a sharp increase, rising by 3.1% in the June quarter and 14% over the past year, driven largely by higher reinsurance costs, the impact of natural disasters, and increased ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Living costs have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... fund. Mercer head of equities for the Pacific Shannon Reilly noted that long-short strategies performed well over the June quarter, holding several spots among the top 10 managers in Mercer's Australian shares investment manager universe. A key theme ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... management (FUM) over the last financial year. Generation Life received over $200 million in total inflows in the June quarter alone, setting an all-time sales record for both investment bonds and lifetime annuities during the period. The investment ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... million in expected GST refunds on remediation payments, the company said. Insignia Financial lost 14 advisers in the June quarter, with its total adviser network now at 1086. This comprises 483 self-employed (licensed) advisers, 403 self-licensed advisers ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... to fire the interest rate increase gun, just as the men line up for the 100 metre final in Paris, presuming that June quarter inflation reflects the same trend," Mickenbecker said. "The CPI rose 1% in the March 2024 quarter from 0.6% in the December ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... which $800 million migrated during the quarter. Between $1.7 billion and $3 billion of FUA is due to migrate in the June quarter. Investment Trends named HUB24 as the best full-function platform in 2023, narrowly beating Netwealth. Praemium, BT Panorama ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... 75 th birthday. He intends to do this by June 30. Looking ahead, Netwealth projects robust inflows for FUA in the June quarter, driven by several large transitions, heightened seasonal flows, and increased market activity. It also highlighted the rapidly ...