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ASIC cancels AFSL of Australian Fiduciaries
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SS&C axes jobs, shifts roles offshore
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
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So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
The cat is dead. It's been dead for three years. What you're seeing is FrankenCat - it looks alive only because central banks have taken over debt markets.
Sorry Ben,
"In one of the clearest signal yet that it's about to act, ECB chief Mario Draghi declared that "The strengthening of the exchange rate requires further monetary stimulus. That's an important dimension for our price stability."
So the ECB will embark on another round of 'stimulus', through monetary channels that largely stop with insolvent euro financial institutions? My original 'crucifixion' of your comment was not that central banks wont act, but the giant logical leap that that such actions will 'support sustainable growth'.
My point is there is very little reliable evidence to support such a notion, only hypotheticals of what might have been. Today's snippets of 2 in 1000 data points and the jawboning of an ECB banker are nice distractions as they are every trading day, but miss the point completely.
If you want to discuss how such distractions are likely to affect short term market pricing and possibly stay a Faber style correction, sure , I'm not inclined to disagree! But linking Draghi comments and the FED's actions to actual improvement in economic fundamentals beyond staying a global banking meltdown in 08/09.....That remains speculation and critical analysis is something that will only be possible ex post, probably the next crisis!