Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 473 results for "June quarter 2012"

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
Platforms are the preferred sector exposure, asset managers are inexpensive and Link Group offers the best mid-term value, according to Credit Suisse's Diversified Financial Services Sector review for August 2020. The report reviewed the key operational ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
While we, Australians all, continue to shudder at the economy's first recession in 29-years, our nation - to use Old Blue Eyes' song - remains "Top of the list, King of the hill, A number one..." It may not be Einstein's "relativity theory" ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... Accounts report made it official, Australia is in recession! Australian economic growth contracted by 7.0% in the June quarter - the biggest fall on record since 1959 and worse than market expectations for a 5%-6% fall - that followed a 0.3% decline ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... how it's measured, the country's national output dropped sharply - down at annualised rate of 27.8% in the June quarter - the steepest fall on post-war era records - down 10% year-on-year - eclipsing the 8.6% contraction suffered during the global ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
Contributions to superannuation in the June quarter were mildly greater than the amount removed due to the government's early release scheme, according to the latest figures published by APRA. Contributions in the June 2020 quarter were $33.6 billion ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... measures - have saved the Chinese economy from falling into a technical recession; GDP growth rebounded by 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 ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...