Finance firms survive best

New businesses operating in or on the fringes of financial services appear to have been more resilient than the average business during the era of the GFC. read more

Macquarie hybrid hits price target

Macquarie Group is to sell A$600 million in capital notes, the bank said yesterday. This is sufficient to retire the convertible preference shares that the new hybrids will replace. read more

$27bn more in government bonds next year

The Australian government expects the face value of treasury bonds on issue to rise to around A$260 billion at June 2014, up from $233 billion at June 2013, Treasury projected in last night's budget.. read more