Business leaders raise alarm over Trump trade wars
Prominent Australian business leaders have warned that Donald Trump’s second US presidency risks sparking a fierce trade war with China, stoking inflationary pressures around the world.
Prominent Australian business leaders have warned that Donald Trump’s second US presidency risks sparking a fierce trade war with China, stoking inflationary pressures around the world.
Business is reviving calls for Anthony Albanese to lower the corporate tax rate, warning Australian businesses will be increasingly uncompetitive under Donald Trump’s plans to slash US company taxes.
NAB’s so-called ‘watch loans’ climbed to its highest level since mid-2022 as CEO Andrew Irvine warned of a further increase in troubled business borrowers.
Reporting improved earnings, trans-Tasman investment bank Jarden believes September marked a turning point for deal optimism and corporate confidence.
Macquarie is evolving its public markets businesses by making a bigger push into active exchange-traded funds, as it grapples with unfavourable foreign exchange movements and fund outflows.
The departures from the local funds management industry keep on coming, with John Lake’s retirement from Paradice Investment Management being dubbed a ‘material loss’.
Macquarie Group has a ‘massive amount’ of renewable energy projects to forge ahead with in the US, regardless of the risk a Donald Trump presidency poses to some cleaner-energy initiatives.
There are risks that ‘lender-on-lender violence’, a tactical tussle between banks and other credit providers, becomes more prevalent in Australia as the global private credit market swells.
The bank’s board has headhunting firm Spencer Stuart leading the search to replace longstanding chief executive Shayne Elliott, as it navigates immense regulatory scrutiny.
The ASX doesn’t appear to have a concrete plan to bolster the dwindling pipeline for initial public offerings in Australia, as listings sink to their lowest level since 2012.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/2