The action is the fourth time Asic has moved against Macquarie Group over the last year.
ANALYSIS: Australia’s Prime Minister faces a resurgent Opposition in a by-election that will set the tone for 2024 and the next election.
The Aussie finfluencer has flouted financial services law, lived a high-life, and come afoul of the regulator.
The RBA forecasts inflation will return to its 2 to 3% target next year
While mandatory reporting of the gender pay gap gathers dust in the Luxon Government’s in-tray, Australia is now more transparent.
Falling commodity prices hit energy giant, but it has its eye to the future with a new strategy to remain profitable in a decarbonising world.
And for NZ, a one-off deferred acquisition cost was a significant contributor to a 33% decline in underlying profit for the business unit.
The Liberal backbencher went off script to deliver a tirad against the regulator’s ‘lack of action’ and demanded a new inquiry into super funds to boot.
A new deal to power its aluminum factories is part of wider strategy to underwrite renewable energy projects in Queensland and reduce its emissions.
ANZ chief Shayne Elliott hailed the deal but the market was less excited and marked down ANZ shares.