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Showing 71 - 80 of 598 results for "December quarter"

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
... obvious that virtually every data print was coming in well ahead of expectations," he said. "Even yesterday's December quarter GDP coming in a 3.1%, ahead of consensus of 2.5%. So, there was a lot of skepticism about [the recovery] right up until ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... Australia was still in monetary and fiscal crutches at the time but as Treasurer Josh Frydenberg notes: "In the December quarter, direct economic support from the federal government halved... Yet at the same time the economy grew by 3.1%, 320,000 new ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... side tracked by the Beatles) rationales for the stronger-than-expected rebound in wages across Australia in the December quarter of 2020. Total wages growth rebounded from 0.07% in the September quarter to 0.6% in the final three months of 2020 quarter ...

AMP Capital lags on sustainable inflows

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australasian sustainable funds sector reported a record $1.8 billion of inflows throughout the December quarter but AMP Capital missed out on the rush. Morningstar's latest Sustainable Investing Landscape for Australian Fund Investors revealed AMP ...

Better inflows ahead for Perpetual, Pendal: MS

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... while Magellan and Platinum are on underweight. Perpetual recently reported $2.7 billion in net outflows for the December quarter. But Perpetual's flows could progress in 2021 because it has invested in distribution, and global ESG inflows are at record ...

GQG sees spectacular FUM growth

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... exception of the strong growth of GQG," Pacific Current chief executive Paul Greenwood said. GQG started the December quarter with $77.7 billion in total funds under management and ended the calendar year with $86.9 billion. Pacific Current did not break ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... year-on-year growth rate in the economy continued to contract despite improving from -2.5% in the year to the December quarter from -2.8% in the September quarter and the sharp 9.0% drop in the June 2020 quarter. The US unemployment rate tells the same ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... with young children and building a house contributing to the pick-up in the consumer price index. To wit: "The December quarter CPI was primarily impacted by an increase in tobacco excise and the introduction, continuation and conclusion of a number ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... 2020, Future Fund returned -3.4% in March quarter, -0.7% in June quarter, 1.1% in September quarter and 4.9% in December quarter. The main fund increased its cash position throughout 2020. At March end last year, it had 9.6% of its assets in cash. This ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The micro-investing platform grew its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from ...