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Showing 51 - 60 of 743 results for "March 2013 quarter"

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... of price statistics Michelle Marquardt said. "The annual rise of 3.8% for the June quarter is up from 3.6% in the March quarter. This is the first increase in annual CPI inflation since the December 2022 quarter." State Street Global Advisors APAC economist ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Australian Bureau of Statistics (ABS) revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in household wealth ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
New Zealand reported 0.2% GDP growth in the March quarter following two consecutive quarters of decline, putting to bed its technical recession for the meantime. The economy was buoyed by electricity, gas, water, and waste services; rental, hiring ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... satisfactory labour market, but he said there was some suspicion it might be more fragile than it appears after March quarter accounts affirmed activity growth was weak. "The board has in the past expressed concern that tepid activity growth will ultimately ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... consumer price index inflation peaked at 7.8% in the December quarter of 2022 and has since declined to 3.6% as of the March quarter of 2024. The Reserve Bank of Australia expects this downward trend to continue, projecting inflation to fall into its ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... significantly", saying economic growth has "ground to a halt". "Indeed, the six-month annualised pace of GDP growth to the March quarter fell to 0.8%. This compares with population growth of 2.4%/yr. The upshot is that the economy has contracted a lot ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March quarter. In addition, the RBA lifted its Consumer Price Index forecast by 5bps in June and December 2024 to 3.8% but still expects ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... financial year, the sovereign wealth fund has posted an 8.3% return, with investment gains of $11.5 billion added in the March quarter. Future Fund chief executive Raphael Arndt said the global economy is in "good shape," better than expected from last ...

The funds delivering up to 30% returns: Mercer

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... while companies with misses sold off aggressively." Reilly said most active managers outperformed the index in the March quarter, with the median manager delivering gross returns of 6%. "There was no clear style leadership when looking at the top performing ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... The increase to platform FUA of 17% to $28.4 billion represents a material uplift in scale," Wamsteker said. "The March quarter showed a continuation of the previous quarter's encouraging flows environment."