Shemara Wikramanayake
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
Latest
Macquarie chief takes $7.6m pay hit as profits fall
Many of the investment behemoth’s top executives have had their pay cut by millions as green investments and lower commodity prices weighed on fiscal 2024 profits.
- by Millie Muroi
Macquarie flags weaker first half as deal-making slows
Shares in the investment giant slumped after it warned of a weaker first half for its flagship asset management business.
- by Millie Muroi
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
Updated
Earnings season
Bumper Macquarie result sparks $57.6m payday for executive Nick O’Kane
The hefty pay packet comes after the division led by O’Kane drove the wider group’s full-year earnings 10 per cent higher to $5.2 billion.
- by Clancy Yeates
Macquarie boss says immigration will shield Australia’s economy
Macquarie CEO Shemara Wikramanayake has welcomed the pick-up in immigration, saying it should help the economy be more resilient than peers.
- by Clancy Yeates
Economic downturn will be manageable for bank, says Westpac CEO
Peter King, who runs Australia’s second-largest mortgage lender, signalled one of Westpac’s top concerns was how customers handled rising interest rates and higher unemployment.
- by Clancy Yeates
Updated
Earnings season
Macquarie’s profit could test record as it gains from energy volatility
Volatile energy and commodity markets have helped offset the weaker earnings in the investment heavyweight’s flagship asset management arm.
- by Clancy Yeates
Updated
Earnings season
Macquarie eyes opportunities from turmoil as profits hit $2.3b
Macquarie Group boss Shemara Wikramanayake says the investment group is ready to pounce on any opportunities that emerge as the world economy weakens.
- by Clancy Yeates
Exclusive
Title Deeds
‘Millionaire’s factory’ CFO Alex Harvey buys doer-upper in Kirribilli for $18.7 million
The market might be taking a turn for the worse, but the heavy-hitters of the financial world are still trading in bricks and mortar to the tune of the tens of millions of dollars.
- by Lucy Macken
Macquarie’s Glenn Stevens says ‘be alert’ to risk of global recession
Former RBA governor Glenn Stevens says central bankers globally faced a tough job in containing inflation without sparking a major economic slump.
- by Clancy Yeates
Original URL: https://www.watoday.com.au/topic/shemara-wikramanayake-1mz2