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The Latest Breaking News from Macquarie Group

As home loan applications drop, the big four banks face a growing challenge from Macquarie

Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget.

The Conversation

Always remember how Macquarie built its millionaires on outrageous tolls and charges

As Shemara Wikramanayake retires with shares worth hundreds of millions, the public is left counting the cost of high prices for utilities, roads and airports

The Guardian - AU

Global Market: Macquarie names Greg Ward as next CEO, signalling leadership continuity

Macquarie Group has appointed Greg Ward as its new chief executive officer. Investors view this leadership transition as a vote of confidence in the company. Ward's extensive experience ensures continuity and preserves current growth momentum. The Banking and Financial Services division may receive greater focus under his leadership. This internal…

The Economic Times

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Australian investment bank Macquarie names Greg Ward as next CEO

Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving executive, will take over the role on November 6. Investors view this appointment as a sign of confidence in the bank's strategy. The bank's…

The Economic Times

'Millionaires' factory' boss to leave with vast fortune

Macquarie Group shareholders have backed the pay of its chief executive, who will retire in November with company shares worth hundreds of millions of dollars.

AAP

KPMG loses contracts and leaders amid scandal over alleged confidential leaks. Here’s what you need to know

Consulting firm’s Australian arm shared secret client information internally in order to win lucrative audit contracts, a whistleblower has alleged

The Guardian - AU

Investment bank Macquarie posts second-highest profit

Macquarie Group has beaten expectations with a $4.8 billion annual profit, half of which the investment bank will return to shareholders.

AAP

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Macquarie’s famed pay packages under attack from disgruntled shareholders at AGM

Investors used the group’s annual general meeting in Sydney on Thursday to vote against remuneration plans

The Guardian - AU

Bank hit with first strike as shareholders push back

Shareholders in Australia's largest investment bank have expressed their concerns over the firm's pay report, resulting in Macquarie's first-ever strike.

AAP

'Hubris': financial giant in hot water over breaches

Macquarie's brokering arm is being taken to court by the financial regulator for allegedly failing to report up to 1.5 billion short sales over 14 years.

AAP

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

AAP

Macquarie Group Monitors Protectionism In US, EU Elections

Macquarie Group analyzes impact of rising protectionism in US and EU elections on global economy and financial markets.

Top News

Australia urged to expand flights to Malaysia, the Philippines, Thailand and Vietnam in blueprint to boost trade

Anthony Albanese will launch strategy amid intense debate over decision to block Qatar Airways’ request for further flights to Australia

The Guardian - AU

What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation

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The Conversation

The Millionaires' Factory lays bare the good and bad about Australia's millionaire manufacturer – Macquarie bank

The Millionaires’ Factory, subtitled “the inside story of how Macquarie Bank became a global giant” by financial journalists Joyce Moullakis and Chris Wright is an impressive, informative book that I enjoyed reading.

Daily Mirror

Joe Lycett and Sam Smith lead Rainbow Honours nominees as iconic venue for awards revealed

Joe Lycett's protest against David Beckham's controversial deal with Qatar has been nominated for yet another prestigious award, with Sam Smith, Graham Norton, Andrew Garfield, Dame Kelly Holmes and more also recognised in the Rainbow Honours shortlist

The Times of India

Paytm slumps as Macquarie sees risk from Mukesh Ambani's financial foray

Shares of One 97 Communications, the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macquarie Group analysts flagged risks from billionaire Mukesh Ambani’s foray into the financial services business.

Newcastle Herald

Harbour cranes lift Port of Newcastle into a new era

The Port of Newcastle has commissioned two new mobile harbour cranes as part of its diversification and sustainability strategy.

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AAP

Macquarie FY profit jumps 56pct

Macquarie Group's full-year profit has surged 56 per cent to $4.71 billion, but the group will maintain a conservative approach in FY22.

Birmingham Post

Manchester Airport co-owner pledges £3bn boost as Australian energy giant set to create over 1,000 jobs

IFM Investors holds a 35.5% stake in Manchester Airports Group

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