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Showing 441 - 450 of 4001 results for "Cut"

CFOs look to hire in second half: Survey

CHLOE WALKER  |  FRIDAY, 28 JUL 2023
More than half of Australian chief financial officers have plans to hire for vacated positions in the next six months, up 44% from six months ago, according to specialist recruitment house Robert Half. The new study, conducted online in June, surveyed ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... Billy Hwang, defaulted on margin calls from multiple global investment banks, including Credit Suisse. At the time, the bank cut several senior staff members following the hit, including former investment bank chief executive Brian Chin and former chief ...

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... deliver to the Melbourne community this quality build-to-rent opportunity." In other news, Lendlease has announced plans to cut about 740 jobs globally, or roughly 10% of its workforce. The bulk of the cuts will be in the company's international operations ...

Ignition Advice appoints chief platform, technology officer

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
Ignition Advice has strengthened its global executive team with the appointment of Enda Mahoney as chief platform and technology officer. He will be based in Sydney and report to Ignition Group chief executive Terry Donohoe. In the newly created role ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules. In handing down ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... is where market economists just don't live in the real world." Conroy remarked that Australians have taken a huge pay cut. "When wages go here and inflation goes here, that's when Australians take a wage cut and [RBA governor] Philip Lowe wants ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... occurring around every four years, in which the reward for mining new blocks - verifying the transactions on the blockchain - is cut by 50%. This mechanism, built into Bitcoin's code, effectively constricts the supply of new Bitcoins, which can influence ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
The independent body tasked with reviewing the competency of APRA and ASIC has released a list of draft metrics it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... they do or don't have? He further highlighted advisers must keep in mind that a lot of public offer super funds will have cut-off dates around accepting contributions. "While you can get a contribution in theory right up to June 30, a lot of products ...