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

Search Results

Showing 81 - 90 of 671 results for "September quarter"

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 billion of ERS withdrawals, platforms would have ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... value-oriented funds improved in the second half of the quarter." Overall, group assets were $97.4 billion (up 5.4% from September quarter). Net outflows took shaved off $1.6 billion and FX impact of stronger AUD took $2.7 billion. However, these offset ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest data shows the economy continues to improve. The annual growth in Chinese retail spending accelerated to 5% in ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... February 15 to 22." This risks of another recession in the UK so soon after the economy's 16.0% recovery in the September quarter, following GDP contractions of 3.0% in the first quarter of 2020 and 18.8% in the second. To mitigate the fallout, Chancellor ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... figures from the Australian Bureau of Statistics (ABS). ABS head of finance and wealth Amanda Seneviratne said the September quarter estimate surpassed the previous high of $11.24 trillion recorded in December quarter 2019. Residential assets, deposits ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... real property and residential property remained steady at $75 billion and $40 billion, respectively. Over the September quarter, 5607 SMSFs were established with just 77 windups, compared to nearly 5000 windups in the June quarter. There are currently ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% plunge in the previous three-month period); it's up by 5.3% quarter-on-quarter (from -8.3%) and its year-on-year ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China PMI surveys portend the growing times will continue to roll. I won't bore you with the details ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% in the September quarter, recovering nearly half of the 7.0% lost output in the three months to June. Team Australia ought to be congratulated ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... paint a bleak picture with net profit after tax down 95.6% to $18 million while total revenue down 27.4% in the September quarter. The results are worse year on year with net profit after tax down $1.6 billion down from $220 million the previous year ...