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John Caldon, investment banker and entrepreneur, who died of complications of lung cancer on February 16, arguably had the greatest impact on Australia of any Yorkshireman since Captain Cook. The potential rivals to that honour were the English cricketers Freddie Trueman and Geoffrey Boycott, but with different repercussions.
Caldon helped revolutionise investment banking in Australia. The deregulation and financial innovations under Hawke and Keating in the 1980s unleashed a climate for innovation. Caldon’s personality, drive, ambition, and creative approach to financial innovation made him see the potential. A founder director of Macquarie Bank in 1984, he was one of its most successful, early stars. ....

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