Trump sprays Aussie ‘fake news loser’ + The truth about mass job cuts
The Briefing16 Syys 2025

Trump sprays Aussie ‘fake news loser’ + The truth about mass job cuts

Wednesday Headlines: Murder charges laid against Charlie Kirk’s accused killer, terrorism offenses tossed for Luigi Mangione, former broadcaster Alan Jones facing more indecent assault charges, thousands of Palestinians flee Gaza City as UN report finds Israel is committing genocide, White House labels Aussie journo ‘foreign fake news loser’, Albanese government to invest $1.1 billion in sustainable fuels, and Coachella’s 2026 lineup is here!

Deep Dive: Some of our big banks have announced mass redundancies over the last month, impacting thousands of Australians, and the ripple effects for productivity could last for years.

ANZ said they are cutting around 3,500 jobs over the next 12 months and since then are now facing a record $240 million penalty for widespread misconduct. NAB also announced they will be cutting more than 400 roles and hiring more employees overseas.

In this episode of The Briefing, Helen Smith is joined by Swinburne law and corporate governance expert Helen Bird to explain what happens in mass redundancies and why they aren’t always about cost-cutting.

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