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Showing 1 - 10 of 4009 results for "Cut"

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams. Last year, Insignia Financial struck a deal with SS&C to outsource about 1300 staff who worked in its master trust business ...

Aberdeen backs global growth despite rising inflation

VINNY VUCAGO  |  TUESDAY, 14 JUL 2026
Aberdeen investments expects the global economy to remain resilient through the second half of 2026, supported by artificial intelligence (AI) driven investment, strong corporate earnings and steady consumer demand. Despite tailwinds, Aberdeen warned ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... representatives and independent members. "The committee would prioritise and decide on the need for specific thematic sandboxes that cut across multiple regulators, agree on the lead and participating agencies and industry participants, review the performance ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... such as an officer, manager, employee, contract or in some other capacity. The Australian Review Tribunal (ART) yesterday cut the banning period to three years. However, it did not prohibit him from maintaining a passive ownership interest in BNR Financial ...

Mercer cuts mandates for Global Listed Property Fund

KARREN VERGARA  |  TUESDAY, 30 JUN 2026
Mercer Investments Australia has again trimmed its fund manager line-up, this time making changes to its Global Listed Property Fund. Effective July 1, Principal Asset Management will be the sole fund manager overseeing the Mercer Global Listed Property ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law. The government recently unveiled CGT discount carveouts targeting small businesses ...

SMC pushes for carers to qualify for SG

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
Australia's unpaid carers could retire with up to $45,000 more in superannuation if the federal government extends the Super Guarantee (SG) to the Carer Payment, according to new research from the Super Members Council (SMC). The report found more than ...

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... single-manager approach simply cannot access," McAssey said. "But that only works if you are prepared to be ruthless in who makes the cut. The majority of managers we assessed did not meet our standards, and that discipline is what protects investors." ...

RBA on hold, rate cuts expected

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2026
The Reserve Bank of Australia (RBA) kept interest rates on hold at 4.35% at its June meeting, in line with market expectations. "Following the three increases in the cash rate target since the beginning of the year, financial conditions are now tighter ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... get more information about the life insurance products that might suit their needs, CALI said. "The government should not cut off safe, regulated pathways that help Australians access life insurance," she said. "Australians need easier access to life ...
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