Outgoing CEO Shemara Wikramanayake has delivered her final result for Macquarie Group, posting a net profit above forecasts for the six months to September 30.

#macquarie

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Macquarie cops $100m capital slug in win for banking rivals

Business & Economy

1w ago

Macquarie cops $100m capital slug in win for banking rivals

Commonwealth Bank chief Matt Comyn has consistently complained Macquarie had used its unique structure to put itself at a competitive advantage

#macquarie #prudential

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Government and business can help fight inflation by lifting productivity

Business & Economy

1w ago

Government and business can help fight inflation by lifting productivity

It is critical that Australia doesn’t allow the debate about reining in spending to come at the expense of efforts to enable sustainably faster economic growth.

#inflation #australia

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Iren confirms delay at Texas data centre for Microsoft, narrows losses

Technology

1w ago

Iren confirms delay at Texas data centre for Microsoft, narrows losses

Iren says Microsoft has requested design changes at a data centre known as Childress in Texas as its shares tumbled in US markets.

#texas #microsoft

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Atlassian posts second quarterly profit as tech stock get smashed

Technology

1w ago

Atlassian posts second quarterly profit as tech stock get smashed

The workplace software giant’s chief executive Mike Cannon-Brookes said he was bullish about AI, but shares fell more than 17 per cent in after-hours trading.

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World News

1w ago

Peter Ker

The country’s currency has collapsed into unchartered territory, and while holidays to Bali are getting cheaper, the bigger picture is not good for Australia.

#australia #bali

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Politics & Governance

1w ago

John B. Judis

The Republicans’ defeat this year most closely resembles the landslide defeat for the party in 2006 under leader George W. Bush.

#judis #republicans #landslide

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Technology

1w ago

Sinclair Davidson

Too much easy money at the federal level leads to wasteful spending. Too little money at the state level leads to excessive reliance on inefficient taxes.

#sinclair-davidson

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Should retail investors buy Anthropic? Here’s what the experts think

Technology

1w ago

Should retail investors buy Anthropic? Here’s what the experts think

Following June’s SpaceX float and October’s failed attempt by Firmus, the US AI giant behind Claude is hanging out its shingle for Australian investors.

#anthropic #spacex #claude

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Michele Bullock’s RBA renovation from hell

Property & Real Estate

1w ago

Michele Bullock’s RBA renovation from hell

As the central bank governor raises interest rates to record levels, her employer is still splurging more taxpayer cash on a fancy fit-out.

#rastra-bank #rba #interest-rates

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