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OECD urges governments to improve job opportunities to the marginalised

... of the workforce in its 30 member countries will slow from an average 1.3 per cent over the past 30 years to 0.3% over the next 30 years. In some countries such as Italy and Japan, the labour force could in fact decline. The report also revealed that ...

Finance Sector Union slams CBA's decision to cut 3,700 jobs

... Sector Union (FSU) has today condemned the Commonwealth Bank's announcement today that it would slash 3,700 jobs over the next three years. "There's no way you can take that amount of people out of an organization and not have an impact on service," ...

Coles Myer announces 29% profit surge for the year

... for our shareholders," said John Fletcher, chief executive officer of Coles Myer. "This result positions us well for the next phase of our rebuild, in which we will increase the emphasis on the third plank of our strategy, to leverage the scale of the ...

CBA to cut domestic workforce by 3,700

... will be supported by increased investment of more than $200 million in training and developing the bank's staff over the next three years, double the bank's normal spend.

Domestic economy to continue fast growth: IMF outlook

Australia will continue to be one of the fastest growing advanced economies in the world next year, according to the IMF the September 2003 World Economic Outlook. Despite the weak global economy and the lingering impact of the drought, the IMF forecasts ...

Focus on China-US bilateral trade in upcoming Dubai summit: ICAP

... deficits will have to be pared back as growth takes hold, all will be quite happy with the scale of the deficits for the next year or so. Domestic issues, ICAP said, may attract limited discussion. "In contrast, the external environment raises some large ...

IWIF unitholders to be asked to vote for trust closure

... International Wine Investment Fund (IWIF) unitholders will again be asked to vote for the wind-up of the trust at a meeting next month, just eight weeks after rejecting the resolution at their last general meeting. Berren Asset Management, which manages ...

Stockland acquires $480 million in residential development projects

... from 14% of Group assets following our recent ADP acquisition, to our preferred range of 20%-25% of Group assets over the next two to three years," said Matthew Quinn, managing director of Stockland. The company's development Division recently posted ...

Midday market wrap: All Ordinaries trade higher

... Institute's leading index of economic activity has prompted experts to suggest that a rise in interest rates are likely for next year, given the forecasted economic growth figures for next year. The Nikkei index in Tokyo had a good run this morning ...

Merrill Lynch fund manager survey reveals global bullish sentiment

... expectations for growth mean a possibility of inflation, the survey reveals, with 76 per cent of respondents expecting the next move in US interest rates to be up. A net 84% of euro zone fund managers polled by Merrill Lynch expected the economy in the ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

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Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

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Effie Dimitropoulos

Chief executive

AUDD

Digital assets and where they stand in 2026

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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Jessica Sclafani

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Rethinking default design in a changing market environment

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Blake Briggs

CHIEF EXECUTIVE OFFICER
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.

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