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Macquarie Group chairman Glenn Stevens and CEO Shemara Wikramanayake.

Macquarie cops $35m fine for misleading conduct on millions of short sales

Macquarie Group has agreed to the fine after reaching a settlement with the corporate watchdog over misleading conduct relating to misreporting of short sales.

  • Colin Kruger and Dominic Powell

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The Macquarie headquarters in Sydney.

Macquarie’s day of reckoning: Millionaires’ factory shareholders draw the line

In a humiliating first strike, management has been reminded that in achieving its objectives, executives also need to colour within the lines.

  • Elizabeth Knight
RBA chief Phil Lowe.

Reserve Bank’s independence paramount in choice of governor

Treasurer Jim Chalmers must not allow bad press over rising interest rates to sway him when deciding on whether to extend the term of Philip Lowe as governor of the Reserve Bank of Australia.

  • The Herald's View
Glenn Stevens

Former RBA governor Glenn Stevens to chair Macquarie Group

Glenn Stevens, who was in charge of the RBA between 2006 and 2016, will replace current Macquarie chairman Peter Warne next year.

  • Clancy Yeates
The graph that puts falling home prices in perspective

The graph that puts falling home prices in perspective

Home price falls have further to run in Sydney and Melbourne, but it's important to keep things in perspective, writes Jessica Irvine.

  • Jessica Irvine