This Month
Inside the frantic months after Nuix hit the ASX – and the skids
Now the subject of legal action by the regulator, new details show what was going on at the top of a hot tech stock which crashed back to earth.
- Jessica Sier
Sacked Macquarie staffer alleges colleague touched her inappropriately
A former associate has alleged her colleague “clapped” her bottom at an event held at The Establishment in Sydney, leaving her “uncomfortable and embarrassed”.
- Lucas Baird
Ex-Nuix chair was in ‘state of shock’ after share price slump
Jeffrey Bleich said he was convinced by management that the firm could turn itself around and that is why they did not disclose its poor performance to investors.
- Jessica Sier
Merger boosts Sigma; Three fight to lead Qld; Five hard landing signs
Read everything that’s happened in the news so far today.
Banks warn of mortgage rises from deposit rate intervention
MyState CEO Brett Morgan says, “in any intervention, there is a benefit and there is a cost”.
- Updated
- Lucas Baird
Endeavour looks to grow pubs earnings by more than $150m
Despite a barrage of investor questions about breaking up the company, CEO Steve Donohue says hotel and retail portfolios are deeply interconnected.
- Carrie LaFrenz
November
CPI cools; Charlie Munger dies; Fast 100 lessons
Read everything that’s happened in the news so far today.
Retail sales fall; More hostages freed; CFOs slam WFH
Read everything that’s happened in the news so far today.
What this CEO did after being made redundant from Macquarie
Tim Fung didn’t waste a crisis when the company let him go after the GFC. Instead, he tried his hand at an entirely new industry.
- Sally Patten and Euan Black
Macquarie wealth investment strategy chief exits
Street Talk understands Jason Todd has vacated his post after almost six years in the job.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Foreign investors dump Chinese shares as support falters
The sharp selling in recent months puts net purchases by offshore investors on course for the smallest annual total since 2015.
- Hudson Lockett
Investors ‘taking a breather’ from infrastructure dealmaking
But investments with a “higher level of complexity” were still happening, Macquarie Asset Management’s Ani Satchcroft said.
- Jenny Wiggins
Westpac to dump PwC as its auditor
The bank said it would not invite the embattled firm, its current auditor, to tender for external audit services, citing “best practice for audit firm rotation”.
- James Eyers, Lucas Baird and Edmund Tadros
- Exclusive
- Start-ups
Big money fintech Athena struggles to vanquish banks in mortgage wars
Heavily backed home loan industry disruptor Athena’s loan book shrank markedly last year, and it has slashed jobs to extend its funding runway.
- Nick Bonyhady
Nicholas Moore on how to get in early on the next big growth story
Former Macquarie CEO Nicholas Moore proposes an atypical use of large-scale government financing facilities and political risk insurance to encourage corporate investment in SE Asia.
- Updated
- Jennifer Hewett
Macquarie takes advantage of mortgage war ceasefire
A fall in intense mortgage competition has boosted Macquarie’s lending growth – one of few bright spots in the financial giant’s otherwise disappointing result.
- Lucas Baird and James Eyers
October
NSW Libs learnt a lesson at the referendum – here’s how they’ll use it
The NSW Liberals are re-drawing a target seat list of the electorates they believe are now in play after the referendum
- Updated
- Samantha Hutchinson
Bosch parks Bendix Brakes on the sale block; MacCap hired
It is not known how advanced the MacCap-led process is, however, sources suggested it was well-progressed.
- Sarah Thompson, Kanika Sood and Emma Rapaport
AirTrunk flags new Osaka data centre as it eyes $10b-plus IPO
The announcement comes in the midst of a purple patch for the firm, and the sector more generally, buoyed by the soaring demand for cloud computing.
- Nick Lenaghan
- Exclusive
- Funding
Big money is back as space tech start-up raises $120m
Skykraft, which is building satellites to communicate with aircraft in flight anywhere in the world, has closed one of the year’s biggest investments.
- Paul Smith
