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Showing 41 - 50 of 739 results for "June quarter"

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Magellan Financial Group reported $351 million in net outflows in the June quarter. This included $260 million in net retail outflows and $91 million in net institutional outflows. Magellan ended the June quarter with $113.9 billion in total FUM, up ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... 126,320 listings advertised for sale in the three months to June, 7.9% above the previous five-year average for the June quarter. However, in the same period, there were 167,450 sales nationally. This equates to one sale for every new listing on the ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
"They gathered for the feast They stab it with their steely knives, But they just can't kill the beast." - The Eagles, 'Hotel California' Only a few days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... these positive reactions in the financial markets. For while the BOE upgraded its GDP growth forecast to 5.5% in the June quarter from the 4.25% estimated in May and forewarned that "CPI inflation is expected to pick up further above the target... and ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... increase in the March 2021 quarter and 3.6% higher from a year before - the first year-on-year increase sine the June quarter of 2018 and the fastest since the September quarter of 2017. Australian businesses - big and small - have every reason to be ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... year and around 4.5% at the end of 2022". As for inflation, it's expected to rise temporarily "above 3% in the June quarter because of the reversal of some COVID-19-related price reductions" but largely, the RBA expects only a "gradual and modest" ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... which is lower than pre-pandemic levels, and the economy contracted just 2.5%. It is forecast to reach 4.75% in the June quarter of 2023 - the first time since the years leading up to the Global Financial Crisis and the second time since the early 1970s. ...

Queensland advice firm joins Connectus

KANIKA SOOD  |  THURSDAY, 29 APR 2021
... are separate from the newer Connectus Wealth Advisers network. The Aspiri transaction is expected to close in the June quarter and is subject to customary closing conditions. Aspiri was founded in 2004 by Gavin Kelly in Newstead, Queensland. It advises ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... through. Catella expects its earnings to take a massive hit in winding up IPM of about $15.8 million (SEK102.5m) in the June quarter. Catella chief executive Christoffer Abramson said liquidating IPM was an "unfortunate decision we have had to make". ...