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Showing 51 - 60 of 741 results for "March 2015 quarter"

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."

Small cap investors told to 'stop whinging'

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Forager Funds Management chief investment officer Steve Johnson has told small cap investors to "stop whinging" about share prices. In an exerpt from the March Quarterly Report, Johnson said there are plenty of smaller companies that have seen significant ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... billion in total assets under management at the end of March, over $53 billion more than at the end of the 2023 March quarter. "Australian investors have steadily been lifting their exposure to international equity ETFs listed on the ASX in a bid to ...