Macquarie’s earnings missed estimates as profit from its commodities and global markets business dragged on the Australian firm’s performance. Net income declined 32 per cent to $3.52 billion in the …
Former ACTU leader and climate change minister Greg Combet has been appointed the new head of Australia’s sovereign wealth fund. Treasurer Jim Chalmers announced Mr Combet would serve as the …
Macquarie Group’s first-half profit was dragged down by fewer asset sales and weakness in its commodities and global markets business. The firm announced a buyback of as much as $2 …
Irate shareholders who sued AMP over allegations of financial misconduct have reached a $110 million out-of-court settlement, averting the need for a lengthy hearing. On the eve of a 15-day …