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

Search Results

Showing 21 - 30 of 4000 results for "Cut"

Australia averts recession but not slowdown: JPMAM

KARREN VERGARA  |  WEDNESDAY, 29 APR 2026
... expecting just one rate hike at the upcoming meeting on May 5. In the US, it predicts the Federal Reserve will potentially cut rates this year rather than increase them. Europe and parts of Asia, meanwhile, may not fare as well. "Europe is the one that ...

Prime Super awards mandate to boutique manager

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
Prime Super has expanded its roster of domestic investment managers, awarding a new Australian equities mandate to Merlon Capital Partners. The $8 billion fund will utilise Merlon's Concentrated Australian Share strategy, which focuses on high conviction ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
Turbocharging its workforce automation, Praemium has finalised restructuring the local information technology division that made several jobs redundant and is on track to save $9 million in salary expenses. This includes cost savings from the closure ...

MAX Awards 2026 finalists revealed

STAFF WRITER  |  TUESDAY, 21 APR 2026
... Investment Leadership Awards will also be presented as part of the awards celebrations. Are you a finalist? To see who made the cut this year and to vote for your friends and colleagues, head to the MAX Awards voting page.

Global economy 'drifting' to adverse scenario: IMF

RIDDHIMA TALWANI  |  WEDNESDAY, 15 APR 2026
... even more severe scenario with further damage to energy infrastructure in conflict regions can mean global growth would be cut to a mere 2% in 2026, while inflation could jump to 6% by 2027. Absent of the war, the IMF said global growth would have been ...

Future Fund targets $15m in savings, reviews staffing

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
Future Fund will cut costs by $10 to $15 million in FY27, in a bid to ensure costs and staffing levels remain appropriate for the years ahead. It expects further savings in subsequent years. Australia's sovereign wealth fund said it will achieve ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
Super Consumers Australia has called for the government to focus on reforms that will actually protect people, warning against ineffective measures and those that will harm victims. It raised concerns over the proposal to remove the 'but for test' from ...

Albanese stresses importance of 'economic sovereignty'

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
As the conflict in the Middle East continues, Prime Minister Anthony Albanese has used his address at the National Press Club to stress the importance of economic sovereignty to support national resilience. Albanese said the government is focused on ...

FEATURE: Estate planning | Best laid plans

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2026
"I'm the eldest boy!" This is one of the most quotable quotes from the award-winning television show Succession, and while it is somewhat outdated for parents to leave behind their money, or legacy, to one child due solely to birth order or gender ...

Severe underperformance sees Polen Capital funds wound up

JAMIE WILLIAMSON  |  TUESDAY, 24 MAR 2026
Montgomery Investment Management has cut ties with Polen Capital, with the latter's responsible entity opting to terminate its funds after five years of underperformance. Polen Capital first entered the local wholesale market in 2021 through a partnership ...