Fujitsu's Perpetual windfall

Perpetual's cost cutting pains are Fujitsu's gain while Woolworths goes gaga over mobility and Google. Elsewhere, as the dust settles on Apple-Samsung’s US trial get ready for some major product launches.

Wealth manager Perpetual has seen better days and with 2012 net profit slumping 57 per cent it would seem that a necessary restructure – which was first flagged in June - is still painfully working its way through the systems.  

Perpetual’s quest to achieve $50 million in annual cost savings has already seen over 500 jobs go at the firm and we can now add another 100 to that list now that it has sealed a $68 million IT outsourcing deal with Fujitsu Australia.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles