Germany’s troubled Deutsche Bank is imposing a hiring freeze across all global operations as it “braces” itself for a huge penalty from the US Department of Justice, says The Times. The lender has stopped recruitment in every department except compliance. It has already agreed 1,000 additional job cuts in its home market, on top of…
ARU CEO Bill Pulver says playing a Wallabies Test in Fiji is a debt Australia owes the Pacific Island nation. The Wallabies have a handful of Fiji-born players in their Test side and Pulver said the country had plenty to thank their neighbours for. New Zealand took a Test to Samoa in recent years, a…
Kimberley Kitching is smart, charming and engaging. She has been a Melbourne councillor, a lawyer, a political adviser and a senior union manager. Kitching ticks many Labor boxes. But Bill Shorten made a terrible call backing her to replace Stephen Conroy in the Senate, a plum role once held by Labor giants John Button and Gareth Evans.…
Dodgy private colleges will be banned from receiving taxpayer money and student loans capped under a sweeping redesign of the scandal-plagued vocational loans scheme by the Turnbull government. The overhaul, to be announced by Education Minister Simon Birmingham on Wednesday after being approved by cabinet on Tuesday, will wipe an estimated $25 billion from federal…
The Isle of Wight Council is looking at ways of funding services in the future. A ‘DEBT repayment holiday’ could help the Isle of Wight Council free-up £40 million over five years and provide a fiscal lifeline at least until the government announces the results of its fair funding review. The future of the authority…