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Showing 81 - 90 of 669 results for "September quarter"

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 ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... business - a few aren't certain that the underlying direction in business investment is down. So it was. The September quarter capex report offered little surprise. Here's the headline take from the ABS' September 2020 quarter report: - Total ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... (unrevised from the initial estimate) but the exponentially rising number of infections and deaths since the September quarter - and the re-imposition of social and business restrictions in a growing number of American states - threaten to re-freeze ...