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Showing 51 - 60 of 687 results for "March quarter"

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... these have been mostly saved - the household savings ratio soared to 19.8% in the June quarter from 6.0% in the March quarter and 3.6% in the three months ended December 2019. To quote governor Lowe: "What are people going to do with this extra saving ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... quarter, funds under management bounced back 6.3% or $48.9 billion, regaining almost half of the loss incurred in the March quarter. The top four providers recorded lower funds under management: AMP ($137.4bn, down 12.1%), NAB/MLC ($110.8bn, down 7.5%) ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... Wholesale and retail managed funds have recovered almost half of the pandemic-induced losses incurred during the March quarter, new research from Plan For Life shows. Both wholesale and retail managed funds ended the 2019/20 financial year down 4.6% ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... Euro area economic growth dropped by 14.7% in the year to the June quarter, that followed a 3.2% decline in the March quarter and a 1% expansion in December 2019. The ECB staff maintained its 2020 HICP inflation forecast at 0.3% but lifted it to 1% (from ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
Financial markets view the A$ as a risk currency - it's sold off in times of heightened uncertainty - and has a high growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
... benefits offered by Argo Infrastructure." Interestingly, while Australian shares plummeted more than 23% in the March quarter, the portfolio fell by just 6.5%, assisted by a drop in the Australian dollar. The performance of infrastructure assets varied ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... quarter were $33.6 billion, while lump sum payments out totaled $26.8 billion for the June quarter, up 77.7% from the March quarter due to ERS. Total contributions marked an increase of 17% from the March 2020 quarter ($28.7 billion) but 1.4% less than ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10% contraction (minus 6.8% y-o-y) in the March quarter. More recent reports indicate continued growth in the economy with the Caixin China PMI - composite, manufacturing and services ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... that timeframe. The annual growth in real total wages jumped to 2.6% in the June quarter from only 0.03% in the March quarter. That's a lotta dinero that would go towards consumer spending that, by extension, should avert a deeper recession. However ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... sectors, both key foreign exchange earners." Unlike its peers, New Zealand's unemployment rose to just 4.2% in the March quarter - a one-year high - before easing back to 4% in the June quarter. This should reverse the 1.3% quarter on quarter drop ...