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Showing 81 - 90 of 573 results for "December quarter"

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... system after the crisis ends." Australians had about $3 trillion invested in superannuation at the end of the December quarter 2019.

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... 1.6% in the June 2019 quarter - the slowest pace in six years. The 0.4% increase in household consumption in the December quarter - driven by a "2.1% rise in clothing and footwear; 1.3% rise in furnishings and household equipment; 0.5% increase in recreation ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter, costs were up around 2.1% for retiree couples, compared to 1.8% for the All Groups CPI. "Cost increases for retirees have exceeded ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
... at an annualised rate of 6.3% (from growth of 0.5% in the third quarter) and fell by 0.4% in the year to the December quarter after surging by 1.8% in the previous quarter. Japanese authorities can finger the blame on Typhoon Hagibis - which battered ...

Westpac also owed money by Sargon

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
China's Taiping Trustees is not the only group owed money by Sargon and its related companies. There is also a roughly $35 million debt facility from Westpac bank, Financial Standard understands. The Westpac loan is in addition to previously reported ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... for 2020 as a whole will be largely unaffected. There is, however, likely to be a noticeable effect across the December quarter last year and the current quarter. Lowe said that while it is still difficult to be precise, the bank estimates that the effects ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... In a quarterly business updated released this week, Netwealth posted record funds under administration for the December quarter, raking in an additional $2.9 billion to take its total beyond $28 billion.

HUB24 leans into innovation

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... duplication and aligning product strategy to customer segments and commercial priorities," HUB24 said. The platform's December quarter saw it achieve net inflows of $1.25 billion, as average net monthly inflows rose 58% to $416 million over the 2019 ...

Aussie share funds boast stellar 2019

ALLY SELBY  |  MONDAY, 20 JAN 2020
... Transurban and Fortescue Metals Group." The S&P/ASX MidCap 50 Index continued to outperform the S&P/ASX 300 in the December quarter, driven by Xero, BlueScope Steel and Virgin Money UK. Seck said the broad cohort of fund managers were aided by a rally ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... improve from the recession borne of Grexit and fears of contagion in 2013 to a peak of 3.0% annual growth in the December quarter of 2017 (the fastest growth rate prior to the GFC) - so much so that investment advice after investment advice were advising ...