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WestConnex staff watch one of the two roadheaders smashing through sandstone.

State must come clean on tunnel workers’ health

Tunnelling has and is causing great damage to the workers through compromised air quality. Would it not be reasonable, and sensible, to get this out in the open now?

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Macquarie Group chief executive Shemara Wikramanayake.

Macquarie Group profits squeezed by ‘subdued’ energy markets

Macquarie is expecting to rake in less income from its commodities business over the next six months due to lower market volatility.

  • Sumeyya Ilanbey
The ‘flex commission’ arrangement was a feature of the car industry for more than 25 years when it was banned by the corporate regulator in 2018 because it led to consumers paying excessive interest rates on their car loans.

Action over ‘shonky’ car loans kicks off against Westpac, Macquarie

The class action alleges the two banks engaged in predatory lending practices that stung consumers with unfair high-interest loans.

  • Sumeyya Ilanbey
Macquarie CEO Shemara Wikramanayake speaking at the Infrastructure Partnerships Australia conference in Sydney.

RBA will cut rates six months after rest of world: Macquarie boss

Shemara Wikramanayake says Australian inflation is six months behind countries where rates have already been cut, but the economy is stronger in other areas.

  • Penry Buckley
CBA business bank boss Mike Vacy-Lyle

CBA targets rivals as chase for business banking crown heats up

While NAB is the big fish in business banking, Vacy-Lyle says CBA is also keen to cut Macquarie down to size, by sharpening its focus on the real estate market.

  • Millie Muroi
The number of borrowers in hardship increased in late 2023.

Banks not doing enough to help struggling borrowers, says ASIC

As the number of customers falling behind on their repayments rises, the watchdog says too many people in hardship are finding it hard to get help.

  • Clancy Yeates
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Morningstar senior equity analyst Nathan Zaia said the next set of bank results would see margins coming down for the big four banks.

Bank profit margin crunch to continue as customers shift deposits

Bank margins will continue to dwindle in the first half of this financial year, analysts say, as customers move their savings into higher-interest offerings.

  • Millie Muroi
With as much as 60 per cent of Heathrow’s shares likely to change hands, some of the world’s wealthiest investment houses are circling.

Macquarie denies it is eyeing a stake in Heathrow Airport

Macquarie Group has denied it is considering buying a stake in Heathrow Airport after it was reported the company was weighing the purchase of a multibillion-pound slice of the asset.

Finance Minister Katy Gallagher denies a report on the gender pay gap was useless.

Move to close gender pay gap is step in right direction

The first-ever listing of data showing how much more men are paid than women is likely to put pressure on corporate Australia to stop lip service about closing gender pay gaps and create workplaces better reflecting community expectations.

  • The Herald's View
Student in class

Why performance bonuses for teachers may not work

The suggestion to link performance to bonuses may not produce the intended outcomes and may actually hinder the retention of good teachers

Original URL: https://www.smh.com.au/topic/mbl-xp