Marbruck Investments has quietly backed some of Australia’s most recognisable startups. But very few people know who is behind it, or where the money has come from.
Finance and markets
Critics say high-speed rail is an expensive distraction and the government should focus elsewhere. Anthony Albanese isn’t having a bar of it.
Investment bond providers like Generation Development Group and Australian Unity expect to benefit if the government slashes the CGT discount.
The junior Macquarie looks destined for the index but the market remains divided on whether it will spur copycats or a correction.
In the wake of mass layoffs announced by WiseTech Global and Block last week, Antonoff told Capital Brief the company will hit the brakes on its recruitment drive.
The upstart investment bank and asset manager both want to retain their top talent and both want to expand into private markets. A merger may help.
Police are working with CBA this week as AUSTRAC examines suspected loan fraud and laundering, in a warning shot for bank controls across the sector.
Australia’s biggest companies delivered one of the strongest reporting seasons in decades — with earnings up and dividends rising. But it was overshadowed by the SaaS-pocalypse AI narrative.
Last August, Treasurer Jim Chalmers emerged from his economic summit championing road-user charging as a key outcome of the talkfest. But it is difficult to find any evidence of progress.
