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Showing 11 - 20 of 1269 results for "Labor"

Praemium ramps up digitisation, cuts headcount by 28%

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
Praemium is ramping up its workforce digitisation by culling nearly 30% of its total number of employees who mainly work in information technology-related roles. The move comes off the back of the acquisition of Technotia Group for $7.5 million, which ...

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... supports many of the measures contained in the bill but it should never have been "stitched together" with unrelated measures. "Labor has effectively cobbled together a grab bag of largely unrelated measures and wrapped them up around a contentious measure ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
Shadow Treasurer and Minister for Financial Services Pat Conaghan has resigned from the shadow ministry, effective immediately. Conaghan has been very outspoke on the collapse of Shield and First Guardian and a vocal critic of ASIC's handling of ...

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
... funds. Both the National Reconstruction Fund and universal superannuation are products of ambitious and forward-looking Labor governments - focused on boosting Australian ingenuity, backing local ideas and creating good jobs in our regions." Meanwhile ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... saving for a brighter future." In December, US President Donald Trump issued an executive order directing the Department of Labor to "strengthen ERISA fiduciary rules and increase fiduciaries' transparency regarding their use of proxy advisors" to ...

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
... director of the SEC's division of investment management, said the sector has thrived since 1988, when the Department of Labor released its "Avon Letter." In it, the department asserted that "the fiduciary act of managing plan assets that are shares of ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

Praemium acquires Technotia Laboratories

ANGELIQUE MINAS  |  MONDAY, 15 DEC 2025
Praemium will buy advanced technology, and computing machinery and intelligence (CM&I) specialist Technotia Laboratories. Under the deal, Praemium will acquire 9,047,045 ordinary Technotia Laboratories shares at $0.829 per share, bringing the total ...

IMF tells Chalmers to curb spending

ELIZA BAVIN  |  FRIDAY, 21 NOV 2025
... but said comprehensive tax reform and greater spending efficiency are needed. "Inflation has declined significantly, the labor market is still strong, and private demand is recovering. The economy is gaining momentum, with growth forecast at 1.8% in ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... which seeks to allow spouses to split superannuation annually during the accumulation phase, suffered major pushback from Labor senators on Wednesday. Speaking on her proposed reforms, Hume said: "This bill goes to the heart of fairness, equity and recognition ...