Macquarie increases net profit but warns of softening afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Australian shares trading up 0.2 per cent ahead of US Fed meeting. Zip, Myer soars as Iress weighs. APRA’s Byres resigns. Perkins to chair Woolies. Aussie fund managers’ earnings estimates slashed. Follow for updates.
Another year of La Niña climate conditions has analysts worried the country’s general insurers – Suncorp and IAG – will face higher natural peril claims and increased reinsurance costs.
The inability to meet technology project deadlines is worse than first thought. After delaying its $250 million CHESS replacement, the ASX postponed another project.