News Articles for Macquarie Group

ASIC is suing Macquarie Securities for misreporting millions of short sales over 14 years, marking the regulator's first case on short sale reporting.

Business News' corporate finance survey shines a light on the top financial and legal advisers in WA amid a surge in gold sector activity.

BP has called on government support to improve infrastructure as it presses toward a final investment decision for its H2Kwinana hydrogen hub next year.

Our weekly appointments wrap includes Bran Black, Jennifer Westacott, Paul Trengove, Justine Roberts, Terrence Winner, James Arnott and Deb Russell.

Macquarie Group's full-year profit has surged 56 per cent to $4.71 billion, but the group will maintain a conservative approach in FY22.

Shares in Mineral Resources fell sharply this morning after the iron ore miner revealed its realised selling price was less than half the benchmark price.

WA's richest man and one of the state's keenest telco investors are taking on the NBN.

Investment group Macquarie has reported a 10 per cent rise in full-year profit, helped by its markets trading.

Clive Palmer's Mineralogy and Woodside Petroleum were among the biggest political donors last year, having contributed a combined $6.2 million to federal parties.

Primewest has confirmed it will support the sale of Vitalharvest Freehold Trust to Macquarie Group.

Macquarie Group has reported a 32 per cent dive in half-year profit after the impact of the coronavirus caused it to write down the value of assets

Almost half of revenue reported by WA's top 20 public resources companies can be attributed to iron ore miners amid an industry boom.

Macquarie Group has halved its dividend after reporting an 8 per cent drop in full year profit, and said challenging market conditions due to the coronavirus pandemic make it hard to predict its fi

Northern Star Resources has gone into a trading halt, with speculation mounting the acquisitive gold miner is raising funds to acquire a half stake in the Super Pit.

The McGowan government has inked its biggest privatisation deal yet, with Landgate's titles register to be operated by a consortium including industry superannuation funds and a Macquarie Group fund, in a deal worth $1.4 billion.

Macquarie Group will embark on a $1 billion capital-raising program as it seeks to shore up investments and meet new APRA credit risk requirements.

Macquarie Group beat full-year profit guidance to reach a record, but its share price has slumped on a subdued outlook for the next 12 months.

Macquarie Group expects annual profit to soar 15 per cent to nearly $3 billion for what should be a fourth straight record result.

Macquarie Group has lifted first-half profit 5.0 per cent to $1.31 billion, helped by increased mortgage lending and its involvement in the NSW government's part privatisation of WestConnex.

Australia's biggest investment bank, Macquarie Group, has its first female CEO.

SPECIAL REPORT: The state government appears to be tacking away from using contracting in public services provision, but the work of Serco is an example of how private businesses can bring cutting-edge innovation into the space.

Macquarie Group expects a steady year ahead after lifting full-year profit 15 per cent to a record $2.56 billion.

Macquarie Group's board has approved an on-market buyback of up to $1 billion after posting a first-half profit of $1.25 billion.

After seven years at the helm of Fortescue Metals Group, Nev Power has announced he will hand over the reins and take a much-needed holiday.

Macquarie Group expects its 2018 financial year profit result to be broadly in line with its previous year record profit of $2.2 billion.

Five years after joining Macquarie Group as its Western Australian chairman, Mark Barnaba is leaving to pursue a career as a non-executive director, with his first new role to be on the board of Australia's central bank.

Global demand for lithium is expected to increase by three to four times by 2025 and projected supplies will not keep up, Tianqi Lithium Australia general manager Phil Thick told a Mining Club lunch today.

State Treasurer Ben Wyatt says the South Australian government's controversial bank levy is an attractive option and he'll watch with interest ahead of delivering his own budget in September.

OPINION: Picking on banks might be populist, but it is a very risky proposition.

Big banks have warned that customers and shareholders will carry the cost of the federal government's surprise $6.2 billion levy on Australia's largest financial institutions.

Macquarie Group has lifted full-year profit 7.5 per cent to a fresh record of $2.217 billion and expects a similar performance in 2018.

Macquarie Group remains on course for a full-year profit in line with last year's record $2.1 billion despite a reduced third-quarter contribution from its capital markets-facing businesses.

ANZ Banking Group has announced its second asset sale in two weeks as it continues efforts to streamline the business and bolster its capital.

Macquarie Group managing director Nicholas Moore says the investment bank is on track to broadly match last year's record $2.06 billion profit despite a 2 per cent slip in half-year profit.

The Australian share market lost steam throughout the afternoon session to close slightly higher as gains in health care, resource and banking stocks offset losses in Woolworths and Telstra.

The Australian dollar gold price hit an all-time record of $1,826 an ounce today after Britain elected to leave the European Union, with shares in local gold miners rallying strongly even though the broader stock market tumbled more than 3 per cent.

In the first of a series of interviews with top WA business leaders, Business News met with inaugural 40under40 First Amongst Equals winner and Macquarie Group chairman (WA) Mark Barnaba. Far from the boardroom, in the relaxed setting of Julio's restaurant in West Perth, Mr Barnaba spoke of his education, mentors, leadership style, culture, diversity, and social media.

Nine Entertainment has taken a 9.99 per cent stake in regional broadcaster Southern Cross Media, in the first of many moves expected in the sector as players position themselves ahead of a likely change in ownership rules.

The impact on economic development and power prices from a sale of the state's electricity network could be managed by a strong regulatory framework, Premier Colin Barnett said today, as he continued to reassess his view on the ownership of Western Power.

Local vendors of The Big Issue showed prominent Perth business leaders and politicians what it's like to sell the street magazine today as part of a campaign to increase awareness of the everyday challenges facing the homeless and disadvantaged.