City Macquarie Financial News

22.08 / 10:51

UPS Provident FIVE Pool rock Yancoal cools on BHP’s Queensland coal mines: sources

A significant shift is happening in the pool of bidders for BHP’s multibillion-dollar sale of its Queensland coal mines Blackwater and Daunia.

22.08 / 09:05

IPO Aware Software Inside Macquarie ASIC secretly investigated Macquarie over conflict of interest claims

The Australian Securities and Investments Commission was investigating Macquarie’s handling of the Nuix IPO when the then treasurer, Josh Frydenberg, appointed its former chief executive Nicholas Moore to lead an independent review into the “effectiveness and capability” of the regulator.

21.08 / 01:47

UPS Racing EMR Secretive London hedge fund emerges as Whitehaven’s bête noir

The investor pushing to stop Whitehaven Coal’s acquisition of two major BHP mines in a multibillion-dollar deal is secretive London hedge fund Bell Rock Capital Management, The Australian Financial Review can reveal.

18.08 / 00:59

Ball Warning Whitehaven’s mystery investor fires warning shot

The $US3.5 billion-plus auction for BHP’s Blackwater and Daunia mines is creating a corporate stoush in an unexpected place: Whitehaven Coal.

16.08 / 05:31

UPS Core Lithium raising $100m

Listed miner Core Lithium had its brokers drumming up interest in a $100 million equity raising on Wednesday morning while its shares were halted.

15.08 / 15:27

UPS MAIL Digital Strategy UBS Allegro Funds set to appoint adviser for Team Global Express

It seems Christine Holgate’s turnaround of Team Global Express – after just 2½ years of life under private equity owner Allegro Funds – has caught the attention of cashed-up overseas buyers.

15.08 / 15:27

COST UPS Provident MAIL Software Moelis Fineos raises $40m to fortify balance sheet; MacCap, Moelis on ticket

Listed insurance software player Fineos has ruled off a $40 million equity raising in a bid to beef up its cash buffers.

11.08 / 01:51

UPS Booking Aware Platform foreign Bids in! Stockland battles foreign players for Lendlease Communities

It’s game on for Lendlease’s Australian Communities business, put up for sale via Macquarie Capital in April. First-round bids are in with at least four names throwing their hat in the ring, Street Talk understands.

10.08 / 00:53

COST UPS AXY Bond yields in narrow range to limit banks' treasury gains

Treasury gains for Indian lenders are likely to moderate in the coming quarters as bond yields remain in a narrow range, with the Reserve Bank of India (RBI) possibly sticking to a long pause. Banks will also see pressure on earnings growth with a likely increase in provisions for expected credit loss, a new accounting norm that is kicking in. For the first quarter, the State Bank of India reported a treasury income of ₹3,850 crore, the highest in the past 12 quarters.

09.08 / 10:31

UPS awards RBC track EastLink auction kick off delayed by two months; eyes on ACCC decision

There’s a change of plans at the $2 billion auction for a majority stake in Melbourne’s EastLink toll road. Potential bidders were told last week that sell-side adviser RBC Capital Markets would delay the auction’s start date by nearly two months – from late July to late September.

08.08 / 19:19

UPS FIVE Metro Macquarie Ex-Macquarie operator rules off $65m raise for non-bank lender Metro

Sydney’s Metro Finance is eyeing its next phase of growth after ruling off a $65 million institutional equity placement.

04.08 / 00:39

Provident FIVE CEO Telstra Fast internet provider GigaComm raising $100m; Morgan Stanley in

Four-year-old telco GigaComm, which is run and backed by former Macquarie Capital suits, is sounding investors for a chunky raising to bankroll the infrastructure it needs to get into a million Australian homes.

01.08 / 19:33

Progressive Mobile PayDay Uncharted Vodafone Telstra TPG seeks $1b for Vision Networks, gets $6.3b bid for fibre assets

Ask and you shall receive. Take it from TPG Telecom.

01.08 / 06:59

Booking Aware CEO Mobile Enterprise PayDay TPG Telecom in talks with Vocus for $9b fibre assets spin-off

TPG Telecom has been quietly negotiating a multibillion-dollar sale and leaseback of its non-mobile fibre assets with Macquarie-backed rival Vocus in a bid to lighten its $6.2 billion debt load, Street Talk can reveal.

27.07 / 23:57

UPS Aviat UBS stake A $1b stake in Gold Coast, Townsville airports hits the market

There’s no shortage of activity at the country’s major aviation assets, with Queensland Airport Limited’s shareholders joining those at Brisbane Airport in weighing up their options for the future of that investment.

27.07 / 04:09

Citi CEO Macquarie Macquarie flags lower quarterly profit as commodities arm flounders

By Harish Sridharan

26.07 / 07:35

COST UPS Man Strategy UBS PAC Regal Partners-led consortium lobs knock-out offer for PAC

Apex predator Regal Partners is teaming up with River Capital to make a bid for ASX-listed investment house Pacific Current Group (PAC), sources told Street Talk.

24.07 / 13:41

Target FIVE BLOCK country Meet BHP’s $5b coal auction’s under-the-radar Japanese kingmakers

Bidders in the $US3.5 billion-plus ($5.2 billion) auction for BHP’s Queensland coal mines – Blackwater and Daunia – are competing to woo five Japanese commodities houses to join their camps.

23.07 / 22:39

UPS Citi Digital Continental show social Inside Macquarie’s push for a bigger slice of Europe

Paris | Last month, Macquarie boss Shemara Wikramanayake went to Italy with a large pair of scissors. Her mission: to cut the ribbon at the company’s newly leased office in Milan, where the group’s investing and deal-making has stepped up a gear.

23.07 / 09:13

IPO Manufacturing Chase UBS Molycop kicks off Aussie IPO roadshow; FY23 $US185m earnings forecast

Eat your heart out Virgin – it’s Molycop’s turn to strut its stuff.

21.07 / 15:05

COST UPS Booking CEO Morning Coffee: The bank that still takes its people on extravagant offsites. Another Goldman Sachs business that’s rapidly shrinking.

There are not many firms who would be prepared to pay for hotels, flights and restaurants for 750 bankers to have a get-together, even in the best of market conditions. In the current environment, Macquarie Capital’s biennial conference in Tokyo looks quite surreally lavish. The invitations have gone out to more or less the entire firm, so as well as the travel and accommodation bills, the Australian investment bank is prepared to give up almost an entire week’s revenue generation. (The only people who haven’t been invited are those working on the public-facing equities business, and they will presumably be telling themselves that this is because that’s one business line where you really can’t leave the desk for days at a time).

breaking news about city Macquarie

What is the current situation in city Macquarie?

In city Macquarie, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about city Macquarie?

We publish verified updates about the situation in city Macquarie, based on information from regional journalists.

What shapes the media agenda in city Macquarie?

The news landscape of city Macquarie is shaped by key decisions by local authorities, reflecting its local way of life.