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Daily Dispatches: recruiters turn nasty

The slump in the job market has hit recruiters, forcing some to cut staff, or even resort to questionable methods as competition for survival heats up. (Sydney Morning Herald)

Melbourne losing banking power as directors go north. (The Australian)

The Kiwi bank employee behind a decimal point blunder that handed millions to a fugitive couple is set to get the sack. (News.com.au)

Former NAB senior executive Ahmed Fahour is aiming to build the world's first Islamic global investment bank following his appointment to Middle Eastern bank Gulf Finance House. (Sydney Morning Herald)

Westpac faces a potential bill of $NZ903m ($A728.28m) in the structured finance transaction tax cases being fought in New Zealand. (The Age)

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AUTHOReFinancialCareers Australia Insider Comment
  • ri
    richardbray
    21 July 2009

    Mr/Mrs Cynical, just shows that you are going to the wrong recuritment agencies... Stick to the Australian owned agencies!!!!!!!!!!!!!....

  • Cy
    Cynical
    20 July 2009

    Recruiters being stood down "left, right, and centre''? Sounds like karma to me. I hope that they suffer the same malarkey going through the recruitment process as their industry have made their job seekers endure over the years, only they won't - they'll get a new job through networking and contacts like everyone else who understands recruiters are a waste of time.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.