How Macquarie became a world force

Macquarie Group CEO Nicholas Moore presides over the asset manager and investment bank's global operations.

Macquarie Group's first tentative steps on the road to becoming a global powerhouse started with a bloke named Bill Best. The Financial Review examines the rise of Macquarie's international operations in this special series.

Rio Tinto chief Jean-Sebastien Jacques: "I've got projects both in Australia and in the US, and it will be a pity if the ...

Cut tax or lose investment: Rio chief

Mining giant Rio Tinto says its investment focus would inevitably shift to its United States operations unless Australia cut its company tax rate because the company's duty was to create maximum value for shareholders.

Businessman Andrew 'Twiggy' Forrest in the White House on Friday. He is understood to be the largest investor in the AIE ...

Twiggy, Japan Inc plan to ship LNG to NSW

Billionaire Andrew Forrest and two powerful arms of Japan Inc have formed a joint venture that aims to disrupt gas and power markets on Australia's east coast by importing liquid natural gas into NSW.

Jon Moog's top three small cap picks

Jon Moog, who works alongside renowned small caps investor Leah Zell, likes to invest "off the beaten path". His top picks include a Japanese grocer, discount airline and a Korean botox maker.

Alex Waislitz is pushing for board changes at GetSwift.

GetSwift 'has made basic mistakes'

Billionaire investor Alex Waislitz says GetSwift has made "some basic mistakes, including showing a lack of understanding of how Australian public companies operate and how they should be structured".

GE's Yves Rannou says Snowy 2.0 could enable the retirement of old coal generators.

Snowy 2.0 could accelerate coal exit: GE

Critics of Snowy 2.0 are stuck in the past, says Yves Rannou, global head of hydro at GE, who said not going ahead with the huge hydro investment will shut the door on Australia's energy transition.

Altius Asset Management chief investment officer Bill Bovingdon.

'Just the start' of higher volatility

Markets have not seen this level of volatility since QE began 10 years ago and investors will need to be wary of allocating to index or benchmark-relative funds.

Bonds can be a 'terrible mistake'

"It is a terrible mistake for investors with long-term horizons to measure their investment 'risk' by their portfolio's ratio of bonds to stocks," says legendary investor Warren Buffett.

Opinion

Roads may not be the best option to public transport when lower discount rates are applied to future revenue.

Why 7pc is the wrong discount rate

Billions of dollars of economically viable infrastructure investment is being shelved because governments are using outdated assumptions about the future cost of time and money, a think tank says.

Michael McCormack on track to become deputy PM

Veterans' Affairs Minister Michael McCormack appears on track to become deputy prime minister on Monday after fellow Nationals MP David Gillespie withdrew from the race citing a lack of support from colleagues.

Warren Buffet: "2017 was far from standard: A large portion of our gain did not come from anything we accomplished at ...

US tax cuts boost Berkshire Hathaway

The tax reforms helped increase the company's net earnings by roughly 87 per cent from a year earlier, to $US44.9bn, even as it shied away from the types of mega-acquisitions for which it is known.

Ildefonso Guajardo has signalled that his government is willing to negotiate through July's presidential election, even ...

NAFTA negotiators dig in for the long haul

It's looking increasingly likely that NAFTA talks will extend beyond a March target, meaning negotiators will have to deal with the added political uncertainty of a Mexican election campaign.

NRA fires back at boycott movement

Delta and United - two of the largest airlines in the world - have joined a growing list of companies cutting ties with the National Rifle Association.

Wu Xiaohui will be tried for economic crimes.

The difference between Gitic and Anbang

When Gitic went under in 1999, foreigners became more cautious lenders. The difference now is that Anbang has funded itself with wealth management products — largely loans from domestic savers.

Personal Finance