Podcasts about Macquarie

Raghu Velamati, senior managing director at Macquarie Capital, discussed private equity's evolving approach to the education sector across lifelong learning, workforce training and school safety.

What happens when governments can't fund infrastructure anymore? A $1.6 trillion private asset class that doesn't recognize itself in the mirror. In the 2020s, infrastructure has entered a battlefield where geopolitics, government agendas, and investor returns collide. We trace infrastructure's evolution from nation-building mechanism to one of the most integrated asset classes in modern investing. In this episode, we explore a central tension: is infrastructure still a stable, boring, income-generating asset, or has it become a bigger bet on which governments can actually execute their vision? Joined by Peter Blue of Franklin Templeton and Gautam Bhandari of I Squared, we dive into one of the oldest asset classes in human history.Guests:Peter Blue, CFA, CAIA, FRM, Head of Private Market Solutions, Franklin TempletonGautam Bhandari, Co-Founder & Managing Partner, I Squared CapitalEpisode Sources(00:00) Infrastructure as an invisible but essential backbone of daily life and economic activity.(01:24)Introduction to infrastructure as a paradox: ancient in practice, modern as an institutional asset class.(03:43) The projected $100 trillion global infrastructure investment need through 2040 and the funding gap.(06:06) Infrastructure allocations remain modest despite structural tailwinds and capital demand.(10:32) Infrastructure as both inanimate and “alive” through its system-wide economic impact.(12:04) Roman publicani as early private infrastructure investors and the blending of public and private capital.(16:24) Infrastructure historically used as a tool of statecraft, control, and regime stability.(20:35) The Gilded Age, robber barons, and the rise of private capital in U.S. infrastructure development.(24:50) Australia's superannuation system and privatization wave as the birthplace of institutional infrastructure investing.(27:52) Macquarie's listed infrastructure vehicles and the financialization of the asset class.(29:43) The contrast between Australia's GP-led model and Canada's direct “Canadian model.”(35:49) Post-GFC surge in infrastructure AUM and its appeal as a stable, inflation-linked asset class.(41:59) “Suffering from success”: record fundraising, rising valuations, and expanding risk profiles in the 2020s.(42:20) Redefining infrastructure through resiliency rather than rigid asset definitions.(46:17) Expansion into digital infrastructure, renewables, and social infrastructure beyond traditional core assets.(50:52) Data centers as the new “highways” of productivity and the complexities of underwriting digital infrastructure.(55:32) Energy transition investing and the scale of renewable and grid infrastructure needs.(57:43) Talent evolution and systems thinking as infrastructure becomes increasingly cross-disciplinary.(01:01:18) The re-politicization of infrastructure and its return as a strategic instrument of global power.(01:05:58) China's Belt and Road Initiative and infrastructure as influence diplomacy.(01:10:46) Local alignment, commercial contracts, and operating “below the radar” in politically sensitive environments 

The ASX 200 finished up 20 to 8937 (0.2%) despite the big miners falling on lower iron ore prices.  Banks pushed up slightly, NAB down 1.0% and ANZ off 3.1% with the Big Bank Basket up to $304.06 (%). Other financials were mixed, NWL rallied 3.7% and GQG up 5.5% with ZIP forging ahead up 5.5%. MQG rose 0.4%. Insurers better. Industrials were solid, WES up 1.2% with retail better as JBH rose 7.5% on better results, ALL up 2.2% and WOW and COL slightly firmer. ‘Old skool' platform stocks also doing ok, REA up 2.9% and CAR up 2.7%. Tech stocks were the standouts after a torrid week last week. WTC up 12.9% and XRO rallying 7.6% with the All-Tech Index up 4.0%. 360 rose 6.8% with CAT also doing well, up 5.1%. REITs firmed, GMG up 0.6%.In resources, the big three iron ore miners sold off as prices dipped below $100. Gold miners were bid up, GMD up 7.4% on a takeover of MAU. NEM gained 2.7% and WGX up 1.4%. Lithium stocks slightly firmer. VUL up 3.1%.  Oil and gas stocks rose, uranium stocks glowed hotter, PDN up 1.4% and BMN up 4.6%.In corporate news, TWE fell 5.2% after a disappointing result and a cut of the dividend. JBH rose 7.5% on a beat. ASB jumped 19.5% after a disastrous day Friday, QUB rose 3.3% after Macquarie went binding on its takeover at 520c. A2M creamed it up 6.8% after a better second half and ANN bounced 3.8% on cost cutting effort paying off.Nothing on the economic front.US Futures up slightly in birthday celebrations.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Todayhttp://bit.ly/mt-trial-podcastJoin Marcus TodayUse code MTPODCAST for 10% offhttp://bit.ly/mt-join-podcast-offerMT20 – Managed ETF PortfolioA professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.http://bit.ly/mt20-podcastPrinciples – How We Think About InvestingA short video series on timing, behaviour, and decision-making. No stock tips.http://bit.ly/mt-principles-podcast—DisclaimerThis podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The Vatican is launching its own equity indexes (and the top holdings might not be what you expect). In the second installment of the Equity Mates Community Portfolio Scott pitches Playside Studios. Bryce and Ren also unpack the biggest earnings season themes, from AI CapEx to tariffs, before finishing with a practical breakdown of currency risk and hedging for ETF investors.In this episode:0:00 Disclaimer + intro0:52 The Vatican Bank launches Catholic equity indexes4:28 US earnings season: equal-weight beating Big Tech5:56 AI CapEx explodes + tariffs squeeze margins8:17 Australia reporting season: CSL shock, CBA surge, Macquarie threat10:29 Community Stock Pitch: Playside Studios 17:59 Currency risk explained: why hedging matters26:57 Hedged vs unhedged ETF returns + the fee trade-offStocks & ETFs mentioned: Meta (NASDAQ:META), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Ford (NYSE:F), Caterpillar (NYSE:CAT), Newell Brands (NASDAQ:NWL), Harley-Davidson (NYSE:HOG), Ralph Lauren (NYSE:RL), LVMH (EPA:MC), Dollar General (NYSE:DG), Target (NYSE:TGT), Walmart (NYSE:WMT), Kroger (NYSE:KR), CSL (ASX:CSL), Commonwealth Bank (ASX:CBA), Macquarie Group (ASX:MQG), Xero (ASX:XRO), Playside Studios (ASX:PLY), iShares Core S&P 500 ETF (ASX:IVV), iShares S&P 500 AUD Hedged ETF (ASX:IHVV), Betashares NASDAQ 100 ETF (ASX:NDQ), Betashares NASDAQ 100 Currency Hedged ETF (ASX:HNDQ)Want to get involved in the podcast? Record a voice note or send us a message And come and join the conversation in the Equity Mates Facebook Discussion Group.———Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we've got you covered.Keep up with the news moving markets with our daily newsletter and podcast (Apple | Spotify)———Looking for some of our favourite research tools?Download our free Basics of ETF handbookOr our free 4-step stock checklistFind company information on TIKRScreen the market with GuruFocusTrack your portfolio with Sharesight———In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ———Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Monday 16 February 2026 The federal Liberal Party tries for a fresh start as One Nation looms. The anything-but-tech trade on Wall Street and elsewhere gather momentum, with the big tech companies underperforming the market Macquarie Group is working on a $12 billion bid for Qube Logistics Solar panels produce too much energy Democrats tell European leaders that Donald Trump will be gone in three years Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, the money basics you don't know (but everyone assumes you do). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 16 February 2026 The top five business stories in five minutes, with Sean Aylmer and Michael Thompson. Libs fresh start hopes Anything-but-tech trade grows Macquarie $12b bid for Qube Solar panels produce too much energy Democrats tell Europe Trump will be gone Hit follow on the podcast so you don’t miss the latest news. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, the money basics you don't know (but everyone assumes you do). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Support the show: http://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Rassegna stampa economico-finanziaria del 12 febbraio 2026, strutturata per macro-temi e basata sulle principali testate giornalistiche nazionali.La StampaEnergia e Geopolitica  • Decreto bollette (luce e gas): in arrivo un pacchetto con taglio fino a €3 miliardi. Previsti interventi anche su metano per imprese (prezzi calmierati/contratti lunghi con garanzia statale via GSE). • Misure su famiglie vulnerabili: ipotesi bonus annuo ~€55 sulle bollette per nuclei con ISEE fino a €15.000 (soglia che può salire a €20.000 con 4 figli a carico).  • Coperture/leve indicate: vendita di circa 2 miliardi m³ di gas accumulato da Snam e GSE; citata anche la tassazione europea sulle emissioni (ETS).  • Contesto macro riportato: “terzo anno nero” per industria; produzione 2025 -0,2% (richiamo nel pezzo).  Investimenti e Mercati  (Testate: la Repubblica Napoli)• CDP: in 3 anni erogati €4 miliardi a favore di ~7.000 imprese campane (più settori: aeronautica, agroalimentare, ecc.).  • In parallelo: tra 2022–2025 indicato un impegno di circa €1 miliardo in investimenti di Comune/Regione; e “€3 miliardi per accompagnare 7.000 imprese” (dato richiamato nel testo). • Ecosistema startup: riportati €16,2 milioni investiti direttamente in 8 startup campane.  • ZES come “segnale positivo” (nel pezzo): con €28 miliardi di investimenti sarebbero stati creati ~35.000 posti di lavoro.  Il Sole 24 Ore, La StampaIndustria e Automotive • Produzione industriale (Istat): industria in calo per il 3° anno; dicembre -0,4% m/m; bilancio 2025 -0,2% (vs 2024).  • Breakdown settoriale 2025 vs 2024 (grafico): beni di consumo -0,5%, durevoli -0,8%, non durevoli -0,6%, beni strumentali -0,4%, beni intermedi -0,6%, energia +1,0%, totale -0,2%.  • Automotive e tessile-abbigliamento tra i peggiori: vetture -20% nell'arco di 12 mesi; volumi auto indicati a ~238.000 unità (per tornare sotto livelli storicamente bassi si cita il riferimento al 1955).  • Settori in crescita: farmaceutica con “sprint” +23,8% (incremento più elevato); anche metallurgia +7,4%, macchinari +9,3%, elettronica +4,3%.  • Ricavi manifattura stimati: Prometeia e Intesa Sanpaolo stimano ricavi complessivi 2025 = €1.122 miliardi (+0,2%).  Milano FinanzaBanche e Credito  • Consolidamento bancario e utili: le operazioni di aggregazione avrebbero favorito la generazione di utili nel 2025, con profitti complessivi di settore oltre €27 miliardi (nuovo massimo nel commento).  • Monte dei Paschi di Siena (MPS): citati ~€3 miliardi di profitti; attenzione al piano industriale del 27 (data indicata) e alle scelte sulla partecipazione Mediobanca nel perimetro strategico.  Il Sole 24 OreFisco e Normativa  • Salva-Tari (Comuni): in arrivo una disposizione sulle tariffe Tari che manterrebbe efficacia anche nel 2025, con comunicazione al MEF oltre i termini di legge (impostazione descritta nel pezzo sul Milleproroghe).  • Mini-pacchi extra UE: rinvio del contributo di €2; si indica avvio del nuovo dazio €3 in tutti i Paesi UE dal 1° luglio (a seguito del via libera UE).  • Polizze per dirigenti/incarichi con gestione risorse pubbliche: differimento dell'entrata in vigore dell'obbligo di stipulare la polizza prima dell'assunzione dell'incarico.  • Società di accertamento e riscossione: slittamento finestra adeguamento capitale sociale dal 30 aprile al 31 dicembre.  Il Sole 24 Ore Lavoro e Formazione  • Bonus assunzioni ZES: proroga/riapertura del beneficio (personale non dirigenziale) indicata come riapertura fino al 31 maggio dopo scadenza al 31 dicembre.  • (Dal pezzo CDP su Campania) Focus indiretto su competenze e formazione: strumenti finanziari dedicati alle PMI con soglia di fatturato “a partire da €25 milioni” citata nel contesto degli interventi.  DomaniTLC / Infrastrutture  • Dossier rete unica: incontri su operazione Open Fiber – FiberCop; citati contatti di Vittorio Grilli (nel contesto Mediobanca e JP Morgan).  • Asset e controllo:• Open Fiber: 60% allo Stato tramite CDP, 40% a Macquarie; rete indicata di circa 163.000 km (con richiamo a circa 27.000 km nelle aree più densamente popolate).  • FiberCop: KKR 37,8%; altri azionisti citati: Canada CDP Investments 17,5%, ADIA 17,5%, MEF 16%, F2i 11,2%.  • Profilo risk/regolatorio: menzionato un esposto alla Commissione UE su presunti aiuti di Stato, con forchetta citata €2–4,5 miliardi.  • Contesto governance: ricordata la quota pubblica in MPS (MEF 14,8%) nel ragionamento sulle intersezioni tra finanza e dossier TLC.  Executive Takeaway (C-suite) — 5 insight chiave• Energia: il governo prepara un intervento “di scala” sulle bollette fino a €3 mld, con focus su vulnerabili (~€55/anno, soglie ISEE €15k–€20k) e leve su gas (~2 mld m³).  • Manifattura: il 2025 chiude a -0,2%; automotive e tessile restano zavorra, mentre farmaceutica e machinery tengono (farmaci +23,8%, macchinari +9,3%).  • Policy fiscale: nel Milleproroghe entrano/rimbalzano misure operative (Tari Comuni, rinvio mini-pacchi €2 e dazio €3 dal 1/7, slittamenti di compliance: 30/4 → 31/12).  • Finanza e credito: consolidamento bancario con utili di settore >€27 mld; MPS in evidenza con ~€3 mld e snodo di piano al 27 (governance/partecipazioni).  • Infrastrutture TLC: partita “rete unica” con struttura azionaria già complessa (Open Fiber 60/40, FiberCop con KKR 37,8% e investitori istituzionali) e rischio UE (contestazione aiuti €2–4,5 mld).  

Record growth in loans and deposits has pushed Commonwealth Bank’s half year profit to $5.4 billion, triggering a seven per cent jump in its share price.In a wide-ranging chat, CBA CEO Matt Comyn speaks with Juliette Saly from Ausbiz about competition from Macquarie, housing supply reform, AI investment, productivity, regional branches, workforce impacts, mortgage stress, and whether Australia’s largest bank can justify being the most expensive bank in the developed world.Fear & Greed is proud to partner with Ausbiz, Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 11 February 2026 Prime Minister Anthony Albanese calls on the Greens to tone down the rhetoric as Israeli President Isaac Herzog’s visit to Australia triggers plaudits and condemnation. Macquarie warns the big banks it is after their mortgages and deposits The privacy commissioner is worried that cars might be spying on owners Alphabet’s 100-year bond Why winners at the Olympics are going home with medals more valuable than ever before Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, the money basics you don't know (but everyone assumes you do). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

The ASX 200 started strongly, but wilted in the summer sun, up only 17 points at 8887 (0.2%). Part of the reason was the banks which fell as ANZ Consumer sentiment slid on rate rises last week. WBC and ANZ in trouble with around 2% falls, CBA down 0.7% with the Big Bank Basket down to $278.71 (-1.0%). MQG gave up early strong gains, up just 0.8% on a solid update. Insurers were bashed as OpenAI released a new insurance app in the US. Much like Compare the Market her. Brokers punished, AUB and SDF down significantly. Other financials solid, SOL up 2.2% and ZIP rallying another 6.1%. REITs solid, GMG up 1.2% and Healthcare was solid with CSL up 1.8% ahead of the results. Retail mixed, JBH down another 1.5% again, tech better and showing some signs of life, WTC up 2.6% on a Macquarie report, XRO up 2.2% and the All- Tech Index up 2.2%. Data centres doing better, NXT up 3.4% and MP1 up 2.6%. In resources, BHP up 1.1% and RIO doing ok, Gold miners were mixed, NEM up 1.6% and GMD rising 2.8%. Lithium stocks better on a PLS price floor deal. Uranium stocks doing well too today, PDN up 5.5% and BMN up 10.9%. Oil and gas flat. In corporate news, EOS soared 11.8% on a rebuttal to the Grizzly.  NEM has flagged a Barrick IPO and TWE came to an agreement on its US distribution arm. CSL's head honcho to retire immediately. Results tomorrow!Asian markets - Japan up 2.2%. New record high. China unchanged and HK up 0.5%US futures Dow up 19 and Nasdaq down 18. 10-year yields ease to 4.85%.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Wednesday 11 February 2026 The top five business stories in five minutes, with Sean Aylmer and Michael Thompson. PM calls to tone down rhetoric Macquarie after mortgages and deposits Cars spying on owners Alphabet’s 100 year bond Value of an Olympic medal Hit follow on the podcast so you don’t miss the latest news. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, the money basics you don't know (but everyone assumes you do). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Support the show: http://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Send us a textIn this Infrastructure 101 episode, we sit down with Mike Dorrell, co-founder, chairman, and CEO of Stonepeak, to unpack how infrastructure investing evolved from a niche corner of finance into one of the most important asset classes shaping the global economy. We walk through the origins of modern infrastructure investing --- from Macquarie's early toll road and airport deals in Australia to the rise of private capital stepping in where governments once dominated --- and explain why infrastructure sits at the intersection of private equity, private credit, and project finance. Along the way, we break down what makes these assets unique: high barriers to entry, essential services, regulated cash flows, and long-duration returns.The conversation digs into the technical mechanics behind infrastructure deals, including project finance structures, equity versus credit exposure, the role of regulation and tax policy, and why governments are both critical partners and key sources of risk. We explore how infrastructure investors analyze energy markets, power pricing, traffic patterns, and permitting risk, and why changes in “the rules of the road” can make or break long-term investments. From municipal bonds to privatized airports, toll roads, utilities, and power plants, this episode connects the financial structures to the real-world systems people rely on every day.We also tackle the biggest theme driving headlines today: the AI data center boom. Mike explains why AI is accelerating massive investment across digital infrastructure and energy, what it means for power grids and electricity prices, and how investors distinguish between contracted, de-risked data centers and far more speculative builds. Woven throughout is Mike's personal story --- from growing up in rural Australia to helping build a global infrastructure platform --- and a candid discussion of what it takes to build durable businesses, invest through cycles, and think long term about both capital and legacy.Shop our Self Paced Courses: Investment Banking & Private Equity Fundamentals HEREFixed Income Sales & Trading HERE Wealthfront.com/wss. This is a paid endorsement for Wealthfront. May not reflect others' experiences. Similar outcomes not guaranteed. Wealthfront Brokerage is not a bank. Rate subject to change. Promo terms apply. If eligible for the boosted rate of 4.15% offered in connection with this promo, the boosted rate is also subject to change if base rate decreases during the 3 month promo period.The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of 11/7/25, is representative, requires no minimum, and may change at any time. The APY reflects the weighted average of deposit balances at participating Program Banks, which are not allocated equally. Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY. Sources HERE.

ASX 200 fell 6 points to 8928 as iron ore stocks rallied into the close. The turn in BHP and RIO helped on a bump higher in iron ore. Gold miners were strong but not getting carried away. NST up 3.1% and NEM up 2.6% which considering the bullion price went nuts again, shows maybe some short-term fatigue. Uranium stocks were patchy too given the big move to US$100lb in spot prices, PDN only up 1.4% and DYL leading the charge, up 12.4%. Critical metal and rare earths stocks were walloped on unconfirmed reports that the US is abandoning its idea of a floor price. LYC fell 3.7% and ILU dropped 14.1% as impairments didn't help there either. Lithium stocks under pressure too, IGO down 5.8% on production report, LTR fell 4.2% on a bond to equity conversion, MIN dropped 3.8%. Oil and gas doing very little. Meanwhile banks were mixed, CBA off 1.1% and the Big Bank Basket down to $266.66 (-0.7%). Financials were mixed too, ZIP fell 3.8% on the strong AUD, given most of its earnings are in USD now. Healthcare stumbled around in casualty, RMD down 1.1% on USD weakness, CSL the same applies off 0.4% and tech got smashed again. WTC down 2.1% and XRO heading that way, off another 3.1%. The All-Tech Index dropped 1.8%. Industrials slid, BXB down 2.6% and QAN off 2.1%. REITs also under pressure. That kind of day.In corporate news, APX jumped 30.5% as revenue rose to $73.4m. AMP fell 4.6% after some accountancy tweaking. QUB saw Macquarie extend its DD to Feb 15th.  Plenty of quarterlies to keep everyone on their toes. GMD announced some management changes along with production guidance.Asian markets are mixed, with Japan up 0.4%, HK up 0.3%, China unchanged with Indonesia falling hard again on a GS downgrade.US Futures firm, Nasdaq up 68, Dow down 42 - Gold hits record.10-year yields steady at 4.83%Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Lending is critical for growing a property portfolio, and there are some significant changes coming to borrowing in 2026. In this update, joined by doctor and mortgage broker Leon, we discuss 2 big changes for 2026- DTI (debt- to- income ratio) limits, and also trust lending changes- big banks including Macquarie and CBA have pulled out. And also we discuss importance (or more importantly, really how important) interest rates are for those looking to buy in 2026.I'm on a mission to improve doctors financial literacy, especially when comes to property. Follow Leon and also my socials, for more tips and behind the scenes into our daily lives:Dr Dan (@passiveincomedoctors) • Instagram photos and videosLeon | Mortgage Doctor (@themortgagedoctor_) • Instagram photos and videosMusic Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

The infrastructure fund industry has become one of the most powerful engines behind the rise of renewables and datacenters. With Zak Bentley, Americas Editor, Infrastructure Investor (part of the PEI Group), Laurent and Gerard cut through the noise to deliver a clear-eyed view of where the infrastructure market really stands today.  2025 smashed fundraising records, with c.USD300bn raised, but it also laid bare an uncomfortable truth: this is a market in consolidation mode. Capital is concentrating fast, and the biggest platforms are pulling further ahead.  Global Infrastructure Partners set a new benchmark with its USD25.2bn Fund V, the largest infrastructure fund ever raised. Macquarie closed more than USD8bn for Infrastructure Partners VI, including co-investments, while Blackstone raised USD5.5bn for Strategic Partners Infrastructure IV, the largest infrastructure secondaries fund to date. Brookfield, KKR, Copenhagen Infrastructure Partners, and Ardian were also among the clear winners. Scale matters, and the leaders are taking an ever-larger share of the pie.  Fundraising may look healthier on the surface, but the process has become longer and harder. Time on the road has stretched to around 25 months, meaning a large portion of the capital “raised” in 2025 was secured across 2023 and 2024. This is not a detail; it is the clearest symptom of the barbell dynamic now dominating infrastructure fundraising, where capital flows either to the very largest platforms or to highly differentiated specialists.  Sector trends are also evolving. Airports and toll roads, written off after COVID, are back in favour. Social infrastructure is fading. ESG has been reset, not abandoned, and gas infrastructure is once again being embraced, often relabelled as energy transition to make it palatable. Datacenters sit at the centre of everything, hoovering up capital and pulling renewables and grid infrastructure along with them.  The discussion goes straight at the hard questions: are genuinely new sectors emerging, can today's giants realistically keep getting bigger, and is there still room for ultra-specialised strategies? The answer is increasingly clear. Bigger is not automatically better. Investors are becoming far more selective, and many are shifting capital toward focused, mid-market funds that offer expertise rather than sheer scale.  -----Berlin Infrastructure Conference – 24 to 27/3https://www.peievents.com/en/checkout/?peievcc-event-id=113021    Link to Nat Bullard – 200 pages yearly deck https://www.nathanielbullard.com/presentations      

Jesse Knutson is Head of Operations at Bitfinex Securities, a regulated security token platform offering issuers and traders access to capital and tokenized securities. Jesse started his career in traditional finance having worked at global investment banks including Barclays and Macquarie. In addition to his role as Taiwan Head of Equity Capital Solutions, Jesse was also a founding member of Macquarie's digital asset working group, and deal lead on the firm's first equity investment into the Bitcoin mining space. Prior to joining Bitfinex Securities, Jesse was VP of Financial Products at Blockstream where he worked on developing and distributing financial products built on Bitcoin and backed by Bitcoin and Bitcoin mining. In this conversation, we discuss:- Tokenized securities - Tokenization is in a position to challenge traditional payment rails - NYSE going 24/7 trading - How tokenized stocks work - The convergence of tradfi crypto - Freedom is the killer feature of stablecoins - Will RWAs be the next boom for tokenization? - El Salvador Plan B conference - 4 year crypto cycles will have less impact than before - Bitfinex Securities - Capital rotation and fund flows - The relationship between gold bitcoin - Building on Bitcoin Bitfinex SecuritiesX: @BFXSecuritiesWebsite: www.bitfinex.com/securitiesLinkedIn: Bitfinex SecuritiesJesse KnutsonX: @KnutsonJesseLinkedIn: Jesse Knutson---------------------------------------------------------------------------------This episode is brought to you by PrimeXBT.PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.  PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50FollowApple PodcastsSpotifyAmazon MusicRSS FeedSee All

In this episode of The Smart Property Investment Show, host Phil Tarrant is joined by Eva Loisance from Finni Mortgages to discuss the recent tightening of trust-based lending and its impact on property investors. They explore how major banks, including Macquarie, Westpac, Commonwealth Bank of Australia (CBA), and Australia and New Zealand Banking Group (ANZ), have introduced stricter rules for trust loans, including reduced loan-to-value ratios, proof of established banking relationships, and redirecting trust lending to private banking divisions. Loisance explains how these changes affect investors using multiple trusts to acquire properties simultaneously and the potential risks of overextending. The discussion highlights that non-bank lenders continue to offer trust-based loans, often with more flexible terms but higher interest rates. The duo stresses the importance of working closely with mortgage brokers and financial advisors to navigate the new lending landscape. According to Tarrant and Loisance, these tighter criteria reflect broader industry self-regulation and pre-emptive measures ahead of potential Australian Prudential Regulation Authority (APRA) intervention. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

Asia’s tech story may be entering a very different growth phase - and it’s not all about AI. Michelle Martin and Ryan Huang unpack Macquarie’s bullish call on Asia internet stocks driven by gaming, music, super-apps and cultural exports. From K-pop giant HYBE to platforms like Tencent, Baidu and Kakao, the focus shifts to monetising ecosystems people already live on. The duo also examine Bernstein’s bullish bet on BYD - not just as a carmaker, but a vertically integrated tech play. Global tensions rise as President Trump revives trade war threats against Europe, while earnings season heats up in the US. All this and more, including Intel, Micron and Singapore market movers - hosted by Michelle Martin with Ryan Huang.See omnystudio.com/listener for privacy information.

David Tudehope left the finance world in the early 1990’s with a dream to service small to medium business who complained of poor service and overcharging by the monopolist at the time, Telstra. Tudehope wasn’t a digital expert nor a highly trained computer engineer. But he understood numbers, and that customers wanted good service, not delays and obfuscation. So he had his brother Aidan started a small business they called Macquarie Telecom, back in 1992, with only the savings the pair could scrounge up, and forged headlong into the ultimately capital-intensive telco space. This is long before the internet and smart mobile phones. But they took on the slow-to-change Telstra and stuck to their mission of offering better customer service and cheaper prices to the business customer. In just over 3 decades they’ve built (now named) Macquarie Technology Group into one of the Top 300 listed companies in Australia, with a market capitalisation of over $1.5 billon, offering major clients like the ATO, Officeworks and PayPal still telecom, but now cloud-based, cyber security services as well as massive investments in data centres to support the boom in AI. David appeared on the Australian Financial Review’s Rich List 2024 alongside brother Aidan with an estimated net worth of over $900 million.See omnystudio.com/listener for privacy information.

Today's episode is a mix of clips from episodes this year unpacking how property lending really works, from loan structures and redraw strategies to bank policy changes and valuations. Topics covered:

ANZ is cutting 4,500 jobs and scaling back consultants in a $560 million restructure under its new CEO. Macquarie has smashed the Big Four banks in July this year, snapping up nearly 40% of all Australian home loans written. Airwallex has pulled off Australia’s second-largest VC raise ever with a $US330 million raise… but it’s not without its controversy. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.

On this episode of the Going Long Podcast, Sarah Williamson speaks with Karl Kuchel, Chief Executive Officer of Macquarie Infrastructure Partners and Head of Infrastructure Americas at Macquarie Asset Management. Kuchel explains why infrastructure is in a sustained “supercycle,” driven by energy transition, digitalization, and shifting supply chains, and how AI and data center growth are colliding with power constraints. He also unpacks why infrastructure is fundamentally a stakeholder business, how Macquarie creates value by scaling platforms rather than simply owning mature assets, and what different types of investors should consider as they build and refine their infrastructure allocations for the next decade.  Topics Include:  [00:01:20] The Infrastructure Supercycle and Its Drivers: How structural themes like decarbonization and digitalization, combined with underinvestment and cyclical shifts such as deglobalization and reshoring, are creating broad, sustained demand for infrastructure capital across sectors. [00:05:20] Global Scale, Local Stakeholders: Why similar digital and energy trends are unfolding across the US, Europe, and Asia-Pacific, and how successful investing depends on pairing a global view with a deep local understanding of regulators, communities, employees, and other stakeholders. [00:11:45] AI, Data Centers, and Power as the New Constraint: How accelerating AI and data usage are driving unprecedented demand for data centers, why grid constraints and power availability now determine where capacity is built, and why rising costs have not dimmed investor appetite. [00:18:50] Creating Value Through Growth Platforms: What Macquarie's Aligned Data Centers journey illustrates about entering thematics early, scaling from a handful of sites to a national platform, exiting to crystallize returns, and focusing on businesses where growth and building are more accretive than simply buying at mature multiples. [00:25:55] Matching Infrastructure to Investor Objectives: How “infrastructure” spans a spectrum from stable, income-oriented assets to growth- and development-heavy strategies, and why more mature allocators now think in terms of how each exposure complements their existing infrastructure portfolio. [00:31:37] The Next Decade: Thematics Endure, Discipline Differentiates: Why Kuchel expects today's big themes – digital, data, power, and deglobalization – to remain in place over the next decade, and how the real test will be which investors paid sensible prices and executed well versus those who overpaid for strong stories. 

Welcome to The Adviser's What's Making Headlines podcast, your go-to source for the week's biggest stories in finance and real estate, distilled into bite-sized insights. Join host Annie Kane and commercial writer Ben Squires as they review the news of the week. This week, they discuss: The RBA's surprising rhetoric on the cash rate trajectory. The problems with the CSLR funding model. Why we might need to start calling Macquarie a major bank. And much more!

In this episode of The Smart Property Investment Show, host Phil Tarrant is joined by Costa Arvanitopoulos from Finni Mortgages to unpack Macquarie Bank's retreat from trust and company lending and the rising role of self-managed super funds (SMSFs) in property investment. They explain that Macquarie's move, driven by tighter anti-money laundering (AML) scrutiny and concerns over spruikers using trusts to dodge serviceability rules, signals a broader shift in how lenders view complex structures. While this may disrupt investors who use trusts for tax and asset protection, borrowing in personal names remains available, and other lenders are expected to fill the gap. Against this backdrop, Tarrant and Arvanitopoulos highlight SMSFs as a more mainstream and increasingly popular vehicle for property investment. Arvanitopoulos notes that SMSFs let investors use their super to buy property without impacting personal borrowing capacity, which is particularly useful for those already maxed out in their own names. He explains that SMSF lending focuses on fund contributions, rental income and, for business owners, company financials to prove serviceability. The duo also flag the limitations and tax settings around SMSFs, including no equity release, no major renovations, and higher tax rates on very large balances. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

The ASX200 jumped 1.3% on Monday, snapping a week of declines and lifting the index to within 6.5% of its October record high. Tech and industrial stocks led the rise, while energy fell as oil slipped. Notable moves included Qube soaring 19.5% on a $11.6 bn Macquarie offer and DroneShield edging higher despite a steep MTD loss. Investors will watch Wednesday’s inflation print, the US Fed rate decision on 10 Dec, and a busy roster of AGMs later in the week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Renn Iaboni, Managing Director at Monomoy Capital Partners, joins Sean to discuss how disciplined sourcing, cultural alignment, and a 15-year proprietary data engine shape Monomoy's approach to private equity. He shares how engineering training, relationship-driven BD, and resilience forged through career adversity inform the way he builds high-trust deal pipelines. Renn also details how Monomoy's Beacon platform connects BD, investment, and credit teams to operate as one cohesive firm. It's a candid look at what modern private equity excellence really requires — and why Monomoy's model stands apart. Episode Highlights 1:19 – Growing up in New York, engineering ambitions, and the winding path into private equity 3:04 – How engineering training equips professionals for ambiguity and problem-solving in PE 9:40 – Renn's pivotal career setback at Macquarie and how building a new practice became an inflection point 14:46 – Why Monomoy's integrated model works and how cross-functional collaboration is reinforced 17:53 – Inside "Beacon," Monomoy's proprietary CRM and sourcing engine 20:58 – A real case study: tracking Wapac for years and how long-term data compounds sourcing advantages 23:54 – Renn's advice to his 22-year-old self and how energy, not passion alone, should guide career choices

Send us a textThis week Art Wank met Rhonda Davis, Curator of Macquarie University Gallery, and Kon Gouriotis, curator and editor of Artist Profile magazine. They recently curated an exhibition at Macquarie Gallery titled Australian Abstraction. We spoke with them about their thinking behind the exhibition, how they chose the artists involved, and the Macqaurie university Art Collection. 'The Australian Abstraction exhibition series continues its exploration of the evolving nature of abstraction within the Australian context. This second stage retraces the diversity, episodic developments, and layered narratives that have shaped abstraction as an enduring force in Australian art.What began as an international movement has been reconfigured and transformed by artists working within the unique socio-political, cultural, and environmental conditions of this country.Sophie Cape, Julia Davis & Lisa Jones in collaboration, Helen Eager, Louise Forthun, Dale Frank, Michael Goss, Gary Gregg, Sean Hogan, Michael Johnson, Kirtika Kain, Donald Laycock, Ian Milliss, Kyle Murrell, NOT, Louise Olsen, Ana Pollak, Jeannette Siebols, Aida Tomescu, Savanhdary Vongpoothorn and Chris WiseCurated by Rhonda Davis and Kon Gouriotis'About the collection at Macquarie University - 'Our collection adorns the entire campus with artwork on display in the library, the faculties, the hospital, the clinics, and the administration buildings, where staff, students and visitors collectively encounter art as part of the everyday life of Macquarie's expansive campus.The paintings and sculptures add robust vitality, freshness and bursts of colour to the physical environment of the campus − its visual presence is certainly much felt, discussed and enjoyed.'

Lidija Mihaljević, voditeljica Odjela za podatke u sektoru tehnologije za robna i globalna tržišta u banci Macquarie, na samitu uspješnih Hrvatica Australije i Novog Zelanda govorila je o izazovima digitalizacije i umjetne inteligencije. Za SBS Croatian Lidija otkriva što je naučila od drugih sudionica skupa i zašto planira i ubuduće sudjelovati na godišnjim okupljanjima.

Μία σημαντική πρωτοβουλία υπέρ της διάδοσης και καλλιέργειας της Ελληνικής γλώσσας και ευρύτερα της προαγωγής του ελληνικού πολιτισμού στην Αυστραλία έχει αναλάβει το ομογενειακό ίδρυμα “Macquarie Greek Studies Foundation” σε συνεργασία με το Πανεπιστήμιο Ιωαννίνων.

Bill Bennett, director del filme, ‘The Way, My Way', que trata sobre el Camino de Santiago, y la Universidad de Macquarie, por sus colaboraciones con universidades españolas, son premiados en la octava edición de los Premios Malaspina.

Australia’s fifth-largest lender just hit pause on new loans to trusts and companies—and the headlines have been wild. In this episode, we’ll cut through the noise and show you what actually changed… and what smart investors can do next. What we’re diving into: Why Macquarie Bank paused trust/company lending (and why it’s more “recalibration” than meltdown) How this fits into today’s lending climate (rates, buffers, and real borrowing capacity) Practical moves if you invest via entities, or you’re deciding whether you should The playbook to keep progressing responsibly in 2025/26 Featuring: Callum Rhodes (Head of Dashdot Finance) If you value freedom, choice, and abundance, this session will help you stay a step ahead. See you on the inside.IMPORTANT: The Investor Lab is for educational purposes only and does not constitute financial advice. Always do your own research and seek independent professional advice before making any investment or financial decisions. --WATCH ON YOUTUBE: Did Macquarie Just Break Property Investing? (The Truth About Their Lending Freeze)-- -- RESOURCES TO HELP: Join the conversation: The Investor Lab Community Looking for a team to partner with you in your portfolio building journey? Join Dashdot: https://bit.ly/3E0wKGa Need finance guidance?Chat with the team: http://hey.dashdotfinance.com.au/discoverycall Build Your FREE Portfolio Growth Plan on Property Pathfinder:https://propertypathfinder.io Got a question or some feedback? We're all ears!https://bit.ly/tilqs – Catch Up On Recent Episodes: How to Build a Portfolio That Works When the System Doesn’t Australia's Property Market Is About To Explode (Here's Why) Managing a Market Meltdown: What Smart Investors Do When Chaos Strikes Why You Feel Poorer Even as the World Gets Richer AI, Housing & Money Printing: 3 Big Questions Shaping Your Financial Future Turning Property Wealth Into Retirement Income The Great Melt-Up: When Trust in Money Dies The Illusion of Prosperity: Why Getting Ahead Feels Impossible First Home Guarantee Scheme, Property Scarcity, and Why It Matters for Everyone Else NZ Property Market Crash: What Does It Mean For Australia? Bitcoin vs Australian Real Estate We Answer Everything: When You Have "Enough" Money, Why Cash Flow Is Dead & The Future of Money Why You Need To Retire Earlier Than You Think Beyond 2030: The Prosperity Wave Most Investors Will Miss (Biggest Opportunity Ever) Why Your Buyers Agent Might Be Leading You Into a Property Trap How To Build A Property Portfolio That Pays For Itself The Coming US Debt Collapse (And What It Means For Australia) How to Help Everyone You Care About Win in the New Economy How to Design a Life You Won't Regret in the Next 5 Years How AI Will Change Your Economic Future AI Is Here: And Most People Aren't Ready Is A Supercycle Coming? (Housing Market Outlook) The Inner Game of Investing Trusts & SMSFs: How Advanced Investors Are Rethinking Their Structures in 2025 Tariffs, Trade Wars, and What It Means For Your Portfolio Portfolio Acceleration Masterclass Financial Jiu-Jitsu: How to Break Through Your Portfolio's Cashflow Constraints Winning the Investment Game: How to Set & Beat Your Hurdle Rate Fake Gold? Markets Down? Liquidity Up? – What’s REALLY Going On? The RBA Just Changed the Game — Here’s What It Means for You Hold vs Sell: How to Know When to Take Profits Bitcoin: Why Every Property Investor Needs to Consider Owning It Everything You Need To Know About Property Investing Finance Property Investing In Australia In 2025: What You Need To Know Investment Strategies for 2025 Follow the Money: How Liquidity Drives Asset Prices (and How You Can Benefit) What You Don’t Know About Money Could Cost You Everything -- Connect:dashdot.com.au youtube.com/@theinvestorlab instagram.com/dashdotpropertyinstagram.com/goosemcgrathinstagram.com/gabi.billingSee omnystudio.com/listener for privacy information.

The Aussie market ended the week lower, down about three-quarters of a percent, marking a second straight weekly loss. Tech and bank stocks dragged, with Macquarie falling nearly 6% after missing earnings expectations. Qantas dropped 6.5% on softer revenue guidance, while AUB Group rose after a renewed takeover bid. Block, Inc. slumped 15%, and weaker Chinese trade data weighed on miners. The ASX 200 now sits more than 3% below record highs, with US jobs and local bank results in focus next week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

In this episode of The Smart Property Investment Show, host Emilie Lauer is joined by Eva Loisance from Finni Mortgages to discuss Macquarie Bank's recent freeze on lending to trusts and companies and its impact on property investors. They explore how trusts and company structures have become increasingly popular, even among first-time investors, due to perceived benefits such as asset protection, tax advantages, and the ability to bypass traditional lending limits. Loisance explains that while these strategies can enable portfolio growth, they carry significant risks, especially in a high-interest, low-yield environment where properties may not be positively geared. The discussion highlights concerns about aggressive lending strategies promoted on social media and the potential for overextension, which partly motivated Macquarie's decision. Lauer and Loisance emphasise that while the freeze affects investors relying on trusts, it may also lead other banks to tighten lending scrutiny and standards. They stress the importance of reassessing investment strategies, seeking professional advice, and focusing on sustainable, positively geared properties. Despite the challenges, trusts remain as viable options for well-informed investors who engage accountants, financial planners, and brokers to guide decisions. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

The ASX200 fell about 0.25% to a two month low after the RBA kept rates steady and signalled only one cut in 2026. Material and tech stocks led losses, while financials rose on Westpac earnings. US government shutdown and a 2% tech slide added pressure. Look out for US earnings from McDonald’s, Snap and Novo-Nordisk, plus NAB and Macquarie results this week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 nudged up about 0.1 % after a soft start to the month, helped by a lift in financials, energy and tech stocks. Caution remains ahead of tomorrow’s RBA decision, with a roughly 3 % chance of a further rate cut after hotter‑than‑expected inflation data. US inflation figures were delayed by the ongoing government shutdown, and upcoming events include bank earnings (NAB, Macquarie) and several ex‑dividend dates. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Daniel catches up with Patrick Williams, Managing Director of Rixon Capital, a private credit and lending firm helping Australian SMEs access capital without giving away equity. From his early career in M&A at Macquarie to raising over $160 million in funds, Patrick shares how he built a business bridging the gap between investors and high-quality companies that banks overlook. Daniel and Patrick explore smarter ways to fund growth, the rise of private credit, and why strong negotiation skills, confidence, and clarity are key when borrowing to scale your business.   Exclusive Offer for our Listeners CUB member Gael Donnay, Founder of StepInsight, is offering an exclusive deal to our listeners: Receive a complimentary 1-hour AI Consultation with one of StepInsight's experts and uncover real AI opportunities, review your biggest operational challenges, and discuss practical solutions you can implement straight away. Email gael@stepinsight.com.au with the subject line "CUB Community" to claim your free consultation today.

The Aussie market ended October on a flat and uninspired note, slipping by around four points on Friday to mark a fourth straight day of losses. That left the ASX 200 down roughly 1.4% for the week — its worst since April — as investors digested hotter-than-expected inflation data and reassessed expectations for future rate cuts. Despite the late-month pullback, the index still managed a 0.4% gain for October overall. Energy and materials helped limit losses, while consumer discretionary and utilities weighed most heavily, with Wesfarmers and Origin Energy both under pressure. Resmed was among the day’s bright spots, lifting after a solid quarterly update. Looking ahead, attention turns to the RBA’s rate decision on Melbourne Cup Day, US inflation data tonight, and next week’s bank earnings from Westpac, NAB, and Macquarie. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

David chats with Tara Davies, Co-Head of European Infrastructure and Co-Head of EMEA at KKR, one of the world's most influential alternative investment firms. Tara's career spans two decades at the top of global infrastructure investing, from Macquarie in the formative years of privatisations to now helping lead KKR through one of the largest capital deployment cycles in history. For investors watching the rapid rise of private markets, particularly those curious about how KKR thinks about risk, returns, leverage, vintages, AI-driven infrastructure, and liquidity in evergreen structures, this is a rare opportunity to hear it directly from someone charged with allocating tens of billions globally. Tara brings depth of cycle-tested judgment and unpacks how KKR underwrites downside, protects capital, and finds differentiated returns across energy transition, digital infrastructure, and private credit–linked opportunities. Listen to hear about: * How KKR defines “true infrastructure” — and where the market is mispricing risk * Why AI is turbo-charging transmission, renewables, and data-center build-out globally * The move from closed-end drawdown funds to evergreen vehicles designed for private clients * The role of vintage-year diversification as the stealth driver of long-term returns * How to think about debt discipline in an era where leverage is the thing that kills good assets This is a masterclass in private markets from one of the most senior women in global investing, and a rare transparent look “inside the room” at KKR's worldview on infrastructure as an asset class for wealth preservation and compounding.

David chats with Tara Davies, Co-Head of European Infrastructure and Co-Head of EMEA at KKR, one of the world's most influential alternative investment firms. Tara's career spans two decades at the top of global infrastructure investing, from Macquarie in the formative years of privatisations to now helping lead KKR through one of the largest capital deployment cycles in history. For investors watching the rapid rise of private markets, particularly those curious about how KKR thinks about risk, returns, leverage, vintages, AI-driven infrastructure, and liquidity in evergreen structures, this is a rare opportunity to hear it directly from someone charged with allocating tens of billions globally. Tara brings depth of cycle-tested judgment and unpacks how KKR underwrites downside, protects capital, and finds differentiated returns across energy transition, digital infrastructure, and private credit–linked opportunities. Listen to hear about: * How KKR defines “true infrastructure” — and where the market is mispricing risk * Why AI is turbo-charging transmission, renewables, and data-center build-out globally * The move from closed-end drawdown funds to evergreen vehicles designed for private clients * The role of vintage-year diversification as the stealth driver of long-term returns * How to think about debt discipline in an era where leverage is the thing that kills good assets This is a masterclass in private markets from one of the most senior women in global investing, and a rare transparent look “inside the room” at KKR's worldview on infrastructure as an asset class for wealth preservation and compounding.

YouTube and Instagram have announced new safety features for kids and teens ahead of Australia’s social media ban. Macquarie Group has sold one of its data centre businesses for $61 billion in the largest global data centre buyout ever. Elon Musk’s AI company xAI has launched two raunchy chatbots Ani and Valentine to drive more engagement on its AI chatbot. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.

We're joined by football finance expert Ben White to unpack Tottenham's £100 million capital injection from the Lewis family. We explain why it is being done as a share issue rather than a loan, how amortisation and PSR shape what Spurs can actually spend, the Macquarie cash-advance story, and why Chelsea's model is risky. We also talk timing, ownership intent, January vs summer windows, and what success looks like over the next three to five years. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We're joined by football finance expert Ben White to unpack Tottenham's £100 million capital injection from the Lewis family. We explain why it is being done as a share issue rather than a loan, how amortisation and PSR shape what Spurs can actually spend, the Macquarie cash-advance story, and why Chelsea's model is risky. We also talk timing, ownership intent, January vs summer windows, and what success looks like over the next three to five years. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andrew Hobbs and Tony Boyd on how investors lost $1.2 billion in Shield, First Guardian and Australian Fiduciaries, and how the gatekeepers let it happen.This podcast is sponsored by AcendaFurther reading:The ‘easy peasy’ approval: Shield exposes $850b super wrap industryThese funds told us they were toxic: how did Macquarie miss it?How Macquarie ignored its own advice on Shield (and lost $100m)See omnystudio.com/listener for privacy information.

Welcome back to the Alt Goes Mainstream podcast.Today's episode dives into the evolution of infrastructure investing with a leading scaled specialist firm in infrastructure.We sat down in Stonepeak's Hudson Yards office with a pioneer in infrastructure investing: Mike Dorrell.Mike is the Chairman, CEO, and Co-Founder of Stonepeak, building the foundations for the firm to achieve a rapid ascent to $76B from its founding in 2011.Mike brings deep expertise to bear in the infrastructure asset class. He has over 20 years of experience investing in infrastructure, starting his career at Macquarie, where he ultimately held the title of Senior Managing Director. He then joined Blackstone, where he was a Senior Managing Director in Private Equity and Co-Head of the Infrastructure Investment group, before striking out on his own to build one of the industry's largest infrastructure investing firms in Stonepeak.Mike and I had a fascinating and thought-provoking discussion about infrastructure investing and why it's becoming an increasingly important part of the private capital ecosystem. We covered:The early days of infrastructure investing.How infrastructure investing has evolved.How Mike's experiences at Macquarie and Blackstone informed how he wanted to build Stonepeak.How institutional investors have approached infrastructure investing and why individual investors should consider exposure to infrastructure assets.Stonepeak's DNA and what makes the firm different from other infrastructure investors.Why being a scaled specialist is a competitive advantage.How Stonepeak was built from scratch to scale.How Stonepeak identified investing in data centers early on and well before the data center boom began.Why launch a wealth solutions business and how it's a reflection of the firm's DNA, culture, and values.Thanks Mike for coming on the show to share your expertise, wisdom, and passion for infrastructure investing.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Show Notes00:00 Message from our Sponsor, Ultimus01:18 Welcome to the Alt Goes Mainstream Podcast02:10 Guest Introduction: Mike Dorrell03:58 Mike's Journey to Stonepeak06:46 Challenges in the US Infrastructure Market11:09 Successes and Setbacks in Infrastructure Deals12:06 Privately Held Infrastructure in the US17:05 Public vs. Private Infrastructure18:34 Impact of Infrastructure on Daily Life19:16 Stonepeak's Significant Market Presence22:10 Balancing Public Good and Investor Returns22:53 Regulation and Good Judgment in Infrastructure23:55 Challenges in Privatization25:52 Skills Needed for Infrastructure Investing26:29 Access to Infrastructure for Individual Investors27:10 Institutional Market's Experience with Infrastructure30:50 Asset Allocation and Infrastructure33:40 Private Equity vs. Infrastructure Investments34:10 Institutional Allocation Trends34:46 Patience and Peace of Mind in Investing35:14 Warren Buffet's Investment Philosophy35:38 Biggest Risks in Infrastructure35:50 Electric Utility Asset Risks36:28 Data Center Business Risks37:02 Evaluating Data Center Investments38:46 Economic Differences: Building vs. Buying Data Centers40:21 Pricing Power in Data Centers46:03 Connectivity Data Centers Explained49:16 Navigating Infrastructure as an Asset Class50:09 Finding the Right Assets at Fair Prices50:27 The Evolution of Infrastructure Investing53:31 Founding Stonepeak57:20 Raising Capital in Early Days59:46 Lessons from Blackstone01:01:22 Building a Strong Investment Culture01:03:37 Maintaining Culture While Scaling01:06:20 The Importance of the Wealth Channel01:07:41 Focus on Quality and Customer Experience01:08:33 Cycling and Business Philosophy01:09:26 The Importance of Investment Decisions01:10:27 Final Thoughts on Investment ProcessEditing and post-production work for this episode was provided by The Podcast Consultant.

If you're still betting on bear markets or mean reversion to drag asset prices back to earth, you're living in a bygone era. That's the message from Viktor Shvets, Macquarie's Head of Global Strategy, who joined us at Livewire Live 2025. This episode is part of our special mini-series of The Rules of Investing, giving you a front-row seat to discussions from Livewire Live 2025, our flagship investor event. Whether you're after big-picture market insights or actionable investment strategies, this series offers exclusive insights to help shape your investment decisions. We hope you enjoy this special 4-part series. We'll return to our regular programming with the next episode of The Rules of Investing. ________________ This series is proudly sponsored by Bell Direct Advantage. Bell Direct Advantage is a premium trading platform designed for active and sophisticated investors. It provides access to Bell Potter research, exclusive IPOs, and advanced trading tools, all aimed at giving you a competitive edge. Whether you're a frequent trader or a high-net-worth individual looking to trade shares, options, or warrants, Bell Direct Advantage offers a tailored platform and superior service to sharpen your investing edge. [Find out more here]

ONYX Insight has acquired UK-based ELEVEN-I, a company that specializes in advanced blade monitoring technology. The acquisition shows the wind industry's move towards supporting companies that can prevent expensive turbine breakdowns. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Twenty twenty-five has been a record-breaker for energy deals - over four hundred billion dollars in acquisitions, the highest in three years. But buried in all those massive oil and gas mergers is a quieter revolution happening in the wind fields of the world. It started in March last year when Macquarie Capital, the Australian investment giant, made a move that sent ripples through the wind industry. They acquired Onyx Insight, a British company that had been quietly revolutionizing how wind turbines are monitored. Onyx wasn't just another tech startup - they were monitoring seventeen thousand turbines across thirty countries, serving seven of the world's top ten wind operators. Macquarie knew what they were buying. This wasn't just about the technology - it was about the data. In the wind business, data is the new oil, and Onyx had been collecting it from turbines spinning from Texas to Tasmania. But Macquarie wasn't finished. A few days ago, Onyx announced they had acquired Eleven-i, a smaller British firm run by Bill Slatter. While Onyx could monitor most parts of a wind turbine, they had a critical blind spot: the blades themselves. Slatter had spent six years perfecting sensors that could detect blade problems weeks before they became catastrophes. His technology had successfully spotted a crack smaller than one meter, three weeks before the most sophisticated drones could see it. In an industry where a single blade failure can cost millions and shut down entire wind farms, that's pure gold. Here's what they don't tell you about the wind industry: it's not just about building bigger turbines anymore. As these giants grow longer than football fields and taller than skyscrapers, they're failing in ways nobody anticipated. Blade detachment, tower collapse, catastrophic gearbox failures - the list goes on. The smart money - and we're talking about some of the biggest infrastructure funds in the world - has figured out that the real value isn't in building more turbines. It's in keeping the ones already spinning from falling apart. The math is simple: artificial intelligence and data centers are driving electricity demand through the roof. The U.S. could see data centers consuming twelve percent of all electricity by twenty twenty-eight. That's staggering demand that can't wait for new power plants to be built. So investors are swarming companies that can squeeze more power out of existing infrastructure. Onyx, with its Macquarie backing, can now offer wind farm operators something they've never had: a complete picture of their turbine's health from the foundation to the blade tips. The Eleven-i acquisition fits perfectly into Macquarie's broader energy strategy. They've been on a buying spree - solar developers, waste management companies, renewable energy platforms. In Australia alone, they've completed sixty-five acquisitions across the energy sector. But here's the bigger picture: the wind industry is consolidating at breakneck speed. Just like oil and gas, where the top fifty companies have been whittled down to forty through mega-mergers, renewable energy is heading the same direction. The survivors won't be the companies that build the most turbines. They'll be the ones that can keep them spinning reliably for twenty, thirty,

Interview with Nic Earner, Managing Director & CEO, Alkane ResourcesOur previous interview: https://www.cruxinvestor.com/posts/alkane-resources-asxalk-mid-tier-producer-born-from-strategic-mandalay-resources-merger-7637Recording date: 8th September 2025Alkane Resources has successfully completed its merger with Mandalay Resources, creating a debt-free gold producer targeting 160-175,000 ounces annually across three strategic mining jurisdictions. The combined entity operates mines in Australia (Tomingley & Costerfield), and Sweden (Björkdal), providing investors with geographic diversification and operational risk mitigation in an increasingly volatile global environment.The company has eliminated its Macquarie debt facility while allocating over $80 million toward growth capital and exploration programs. Managing Director Nic Earner emphasizes the integration challenges, noting the need to harmonize "distributed management structures and styles" while adapting to dual ASX and TSX reporting requirements for both Australian and North American investor bases.Alkane's three-asset portfolio offers compelling diversification benefits. Tomingley receives $50 million in growth capital for open-cut development, while Costerfield, the highest-grade operation producing 45-50,000 ounces annually, benefits from a $25 million exploration program targeting resource expansion. The Swedish Björkdal operation operates a substantial 1.4 million ton mill capacity, currently underutilized but positioned for expansion.The elevated gold price environment has fundamentally transformed mine economics, enabling access to previously uneconomical mineralization. As Earner notes, "there may be mineralization at a different price you would not have bothered with, whereas now you're getting it."Looking ahead, Alkane maintains disciplined acquisition criteria, requiring any new development to achieve production by 2027. The company targets three M&A categories: merger-of-equals transactions, developers requiring capital for near-production assets, and distressed producers facing capital constraints. With proven operational excellence—missing guidance only once in 14 years—and a clear path to exceeding 180,000 annual ounces through organic growth, Alkane positions itself as a consolidation leader in the sector's ongoing transformation.Learn more: https://www.cruxinvestor.com/companies/alkane-resourcesSign up for Crux Investor: https://cruxinvestor.com

Atlassian has announced plans to take on Google and Apple with a near-$1 billion acquisition of an AI-powered browse. Macquarie has smashed the Big Four banks in July this year, snapping up nearly 40% of all Australian home loans written. American Eagle’s controversial ad campaign with Sydney Sweeney has attracted criticism…but also seen a 25% share price increase. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.

In this episode of SpaceTime, we delve into the cosmic drama unfolding in our universe, featuring a doomed exoplanet, new revelations about Mars, and the latest crew aboard the International Space Station.The Death Spiral of TOI 2109bAstronomers are closely monitoring the death spiral of TOI 2109b, an exoplanet located over 870 light-years away. This gas giant, nearly five times the mass of Jupiter, completes an orbit around its host star in just 16 hours, making it the closest hot Jupiter discovered to date. Researchers from Macquarie University have found that the planet's orbit is decaying, leading to three potential end scenarios: being torn apart by tidal forces, plunging into its host star, or losing its gaseous envelope to intense radiation. These findings provide valuable insights into planetary evolution and the fate of gas giants in close orbits.New Insights into Mars's Ancient SurfaceA recent study has identified a new type of iron sulfate on Mars, suggesting significant geothermal and chemical activity on the planet's surface. Researchers have characterized this uncommon mineral, which may represent a new type due to its unique crystalline structure. The discovery sheds light on how heat, water, and chemical reactions have shaped Mars, and indicates that the planet may have been more geologically active than previously thought. This research enhances our understanding of Mars's potential to have supported life in its past.New Crew Arrives at the International Space StationNASA has successfully delivered a new crew to the International Space Station aboard a SpaceX Dragon capsule. The crew, consisting of two Americans, a Russian, and a Japanese astronaut, will replace colleagues who have been aboard since March. As NASA considers extending crew stays from six to eight months to reduce costs, the new team is set to contribute to ongoing research and operations in low Earth orbit.www.spacetimewithstuartgary.com✍️ Episode ReferencesAstrophysical Journalhttps://iopscience.iop.org/journal/1538-4357Nature Journalhttps://www.nature.com/nature/NASA's International Space Stationhttps://www.nasa.gov/mission_pages/station/main/index.htmlBecome a supporter of this podcast: https://www.spreaker.com/podcast/spacetime-space-astronomy--2458531/support.00:00 This is space Time Series 28, Episode 97 for broadcast on 13 August 202500:42 Astronomers are tracking the death spiral of a doomed planet more than 870 light years away12:06 ToI 2109 is one of the most interesting systems that we've got17:06 Scientists have identified a new type of iron sulfate on the Red Planet23:47 NASA has delivered four new crew members to the International Space Station aboard SpaceX Dragon25:10 New study claims consuming three fries a week increases risk of developing type 2 diabetes26:13 Google about to offer AI study tools to college students for free29:53 You've got to check for updates on all your Apple devices

This week, we're excited to bring you more great moments from the past 12 years, straight from the SCG vaults! Get ready for some fantastic "Bludgers" and also some previously unheard content as part of this "Best of Bludging on the Blindside" collection.