Yesterday
Crypto guru digs deep to create Mosman’s ultimate wine cellar
Tobias Abbey’s lower north shore renovation has taken subterranean luxury to new heights with a bat cave-style wine cellar.
NextDC ices $500m data centre bond deal after pricing disappoints
Shares fell more than 6 per cent after the Craig Scroggie-led company, the country’s largest listed operator, decided to push back its approach to debt markets.
This Month
Matt Comyn’s tight arse on CBA deposits
The bank will hike mortgage rates this week while doing the barest of minimums for savers.
Macquarie’s directors are making the same error, over and over again
The latest board member to fall foul of the ASX’s listing rules is chairman Glenn Stevens himself.
Ex-Macquarie banker confronts dumb, angry money
Declan Sherman’s Infragreen continues to be plagued by early investors over reply-all.
Ex-Macquarie banker drives mortgage broker roll-up Recludo towards IPO
Tim Brown says attacking the mortgage market niches with a private-equity lens can help increase broker loan books, keeping power from major banks.
Macquarie’s millionaires factory is for the little guy
The bank’s latest attempt to attack rivals on interest rates, while framing itself alongside battlers, is a bit much.
Big banks are wrongly blaming brokers for mortgage fraud
The reality is that the biggest vulnerabilities sit in these institutions’ referral networks and internal sales channels – both run by the banks themselves.
Poaching, wage rises to hit strata as apartments boom
There’s a pick-up in new apartments coming, but it won’t last. Even so, it will add to staffing pressure in a sector already struggling to meet demands on it.
Why Macquarie is winning the home loan wars (according to Macquarie)
A cold war has been bubbling away between the upstart lender and the country’s dominant bank, CBA. Unsurprisingly, there are two very different narratives.
Macquarie’s ‘no-hoops’ bank hustle can’t stay under the radar
The bank has very deliberately pulled back the curtain on its retail operation just as it gets too big to ignore.
Infragreen investors go feral in reply-all disaster
Anger towards Infragreen founder and CEO Declan Sherman spilled out over email.
Matt Comyn says AI has a PR problem as ‘collision course’ looms
The CBA boss says he feels the tension of moving responsibly on AI in a world racing ahead. It’s just one of the challenges coming for banking and the economy.
The big four are minting it right now, but 2 big threats are building
The surprise burst in credit growth means it’s a great time to be a big bank. Behind the scenes, however, they see big shifts that could be cause for worry.
Escalating $1b loan fraud scandal threatens to engulf top banks
AUSTRAC is investigating a widening mortgage loan fraud scandal, after a syndicate duped Commonwealth Bank into writing $1 billion in loans off fake payslips.
Star Entertainment woos potential new lender with casino tour
WhiteHawk Capital, an American private credit firm, will tour Star’s three precincts ahead of a decision on a possible loan to the troubled casino group.
Macquarie’s disruption to banking ranks up there with AI
The bank’s role as the disruptor in chief to traditional banking warrants equal prominence as questions about the impact of artificial intelligence.
Why Chris Cuffe may tell investors in new fund to ‘talk to the hand’
The legendary investor’s new fund wants to use an old-school investor weapon to deliver returns: time.
Bingo CEO tells staff there’s no fire sale
Kevin Gluskie and Macquarie are leaving no stone unturned in telling stakeholders Bingo’s Moelis-run refinancing is a “proactive step” – and not an emergency.
Macquarie executive pays $21m for beach suburb home sold by insurance boss
A luxury ocean-view home near Bronte Baths is the latest to crack the $20 million mark in the coveted Sydney beachside suburb.
