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The Latest Breaking News from Macquarie Bank

FCA fines Macquarie Bank £13m for fictitious trades amid ‘serious failings’

Trader was able to record more than 400 fictitious trades over a period of 20 months, says watchdog

The Guardian - UK

Australia Fines Macquarie Bank .4 Million For Compliance Failure

AUSTRAC fines Macquarie Bank .4 million for anti-money laundering breaches, emphasizing compliance importance.

Top News

Light-touch competition policy hasn’t helped Australian mortgage holders. It’s time to get tough

Acquisitions such as ANZ’s of Suncorp should be presumed to be anticompetitive until proven otherwise

The Guardian - AU

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What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation

‘It’s everything’: Matildas midfielder Clare Wheeler dreaming of World Cup debut

The Everton midfielder has found balance after moving to Europe to turn professional and is now hoping to realise a dream back on home soil

The Guardian - AU

The Millionaires' Factory lays bare the good and bad about Australia's millionaire manufacturer – Macquarie bank

The Millionaires’ Factory, subtitled “the inside story of how Macquarie Bank became a global giant” by financial journalists Joyce Moullakis and Chris Wright is an impressive, informative book that I enjoyed reading.

The Conversation

What the Qantas Money Home Loan has to offer customers

Airline giant Qantas has swooped into the home loan market in a move likely to draw in travel-hungry mortgagers.

The New Daily

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What changes are banks making to interest rates?

A flurry of banks have passed on interest rate rises to borrowers after the Reserve Bank increased the cash rate by 0.25 percentage points on Tuesday.

ABC News

The Loop: Daniel Johns avoids jail, cargo ship crew rescued, Boris Johnson faces leadership questions, banks pass on rate rise

Here's your TL;DR for today's news.

ABC News

Ask the experts: what’s the future of Australia’s EV landscape?

Electric vehicles will become the norm in Australia, but when? Our panel of experts discusses what the future of driving looks like.

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