Macquarie Bank
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?
Latest
Updated
Earnings season
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.
- by Sumeyya Ilanbey
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.
- by Sumeyya Ilanbey
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.
- by Penry Buckley
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.
- by Millie Muroi
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.
- by Clancy Yeates
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.
- by Millie Muroi
Updated
Mergers & acquisitions
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.
Updated
Mergers & acquisitions
ANZ wins green light for $4.9b Suncorp bank takeover on appeal
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
- by Millie Muroi
Crown’s high rollers are back, but not from you-know-where
The casino giant wants the big spenders back on its gaming floors, but its new high-roller program has some notable changes.
- by Noel Towell and Kishor Napier-Raman
Opinion
Women in Leadership
Why appointing a female CEO to run a big company doesn’t feel like progress
What passes for success – or even progress – is still a low bar.
- by Elizabeth Knight
Original URL: https://www.theage.com.au/topic/mbl-xp