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

Search Results

Showing 31 - 40 of 4000 results for "Cut"

AI layoffs a correction from overhiring: Morningstar

RIDDHIMA TALWANI  |  FRIDAY, 20 MAR 2026
... Block, the owner of Australian Afterpay, told its 10,000 employees that four in 10 of them would lose their jobs. WiseTech cut 2000 of its developer and customer service jobs. All companies attributed the jobs cuts to artificial intelligence (AI) in ...

You can't manage what you can't measure: Vanguard

ELIZA BAVIN  |  FRIDAY, 20 MAR 2026
Appearing at the 2026 AM Tech Day event in Sydney this week, Vanguard senior portfolio manager and APAC head trader James Chatfield spoke about the importance of quality data when making decisions at the trading desk. "You can't manage what you can't ...

Chalmers says Budget will make 'hard decisions'

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
Treasurer Jim Chalmers said the Federal Budget being handed down in May will make some "tough decisions" as the Australian economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation ...

Government looks to better define roles of regulators

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
... said the government is looking into the information various regulatory bodies seek from the financial services industry to cut red tape. "We rightly, I believe, have multiple regulators in financial services. I think there are different critical roles. ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
A Senate inquiry into the operation of the capital gains tax discount concluded the concession does skew ownership away from owner-occupiers and impacts wealth and intergenerational inequality. The Select Committee on the Operation of the Capital Gains ...

Massive Acenda job cuts ire former staff

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... cuts across the business are expected to take place. "The first tranche saw approximately 85 upper middle management roles cut, followed by around 150 lower middle management roles, and a third round of more than 50 further redundancies. The union has ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
Janus Henderson has said the takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation ...

FEAL names Fund Executive of the Year

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
The 2026 FEAL Fund Executive of the Year was awarded to CareSuper chief executive Jason Murray. FEAL said Murray received the award in recognition of his outstanding leadership through two mergers, his innovative member first service model and his significant ...

Fixed income becoming an ETP staple: Rainmaker

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
Rainmaker Information's latest report on exchange traded products (ETP) said fixed income is normalising as a core allocation. It said flow trends have shifted meaningfully from 2022 when equity income strategies were in high demand as investors ...

Top investment teams built on diverse views, transparency

KARREN VERGARA  |  MONDAY, 9 MAR 2026
Successful female fund managers thrive in investment teams that are built on diverse views, trust and transparency, which are equally important in the companies they invest in. Looking at the progress of gender parity in wealth management, top female ...