Macquarie Group

Macquarie Group Limited

1 Elizabeth, Macquarie Group's global headquarters in Sydney, Australia
Company type	Public
Traded as	ASX: MQG S&P/ASX 50 component
Industry	Financial services
Founded	10 December 1969; 55 years ago (1969-12-10)
Headquarters	1 Elizabeth Street, Sydney CBD , Australia
Area served	Worldwide
Key people	Glenn Stevens (Chairman) Shemara Wikramanayake (CEO)
Services	List of Services Asset management Investment banking Corporate banking Private equity Consumer banking Wealth management Leasing Asset financing Equities trading Commodity trading Futures and options trading Foreign exchange trading Money market trading Renewables development Mergers and Acquisitions Specialist advice Investment management
Operating income	A$16,887 million [1] (2024)
Net income	A$3,535 million [1] (2024)
AUM	A$$938.3 billion (2024) [1]
Total assets	A$403,404 million [1] (2024)
Number of employees	20,600 [1] (2024)
Divisions	Macquarie Capital Macquarie Asset  Management Commodities and Global  Markets Banking & Financial  Services
Subsidiaries	MGL Subsidiaries Macquarie Bank Limited Delaware Investments Macquarie Life Limited Macquarie Prism [Green Investment Group] Arqiva (25%) One Rail Australia (49%) Blue Leaf Energy Hobson Wealth Partners Fox-Pitt Kelton Cochran Caronia Waller Matrix Business Technologies Matrix Networks Group MQ Portfolio Management MQ Capital Network Finance Company Cincinnati Bell Waddell & Reed Central Park Group LLC Camin Cargo Southern Water
Capital ratio	13.6%
Rating	A (Fitch) A1 (Moody's) BBB+ (S&P) [2]
Website	www.macquarie.com
Footnotes / references [2][1][3]

Macquarie Group Limited (/məˈkwɔːri/), more commonly known as Macquarie Bank, is an Australian multinational investment banking and financial services group headquartered in Sydney and listed on the ASX (ASX: MQG).

Macquarie's investment banking division is Australia's top-ranked mergers and acquisitions adviser with more than 871 billion Australian dollars in assets under management^[3] and is one of the world's largest infrastructure asset manager.^[4][5][6] Macquarie Bank's customers have an overall net wealth per capita of A$943,000 (as of March 2024) making them amongst the wealthiest in Australia.^[7][8]

The company employs more than 20,000 staff^[9] across four operating groups in 34 markets.^[10]

History

Hill Samuel Australia

Macquarie was founded on 10 December 1969 as Hill Samuel Australia Limited (HSA), a subsidiary of the UK's Hill Samuel & Co. Limited.^[11]

The group's logo is a stylised version of the holey dollar, Australia's first coinage which was designed by Governor Macquarie.^[12]

Australian businessman Stan Owens compiled a proposal for Hill Samuel & Co. to establish an Australian subsidiary. After presenting his report in London, Mr Owens was offered the role of implementing it. He became Executive Chairman of Hill Samuel Australia and founded the company from offices at Gold Fields House in Sydney's Circular Quay. The company's first three employees were Stan Owens, Blair Hesketh and Geoff Hobson. Later Chris Castleman (on loan from the British parent) and Bill Clarke joined. David Clarke and Mark Johnson were introduced to HSA and became joint managing directors in 1971. Despite being given a four-year allowance by the British parent to turn a profit, HSA was profitable by the end of its first twelve months of trading.

In 1971, HSA secured Australia's biggest mandate at the time, a US$60 million financing for corrugated iron manufacturer John Lysaght Australia. HSA expanded its presence in the Australian market, opening a Melbourne office in 1972, and a Brisbane office in 1975.

In other business initiatives during the decade, HSA helped pioneer the foreign currency hedge market in Australia, commenced gold bullion trading, extended its coverage to all listed commodities and was one of the first merchant banks to be granted floor member status at the Sydney Futures Exchange.

Macquarie Bank

The 1980s were marked by significant financial market deregulation in Australia, including the floating of the Australian dollar and the removal of restrictions on foreign banks. To take advantage of the opportunities offered by deregulation, HSA submitted a proposal for the formation of a new substantially Australian owned and controlled bank to be called Macquarie Bank Limited.^[11] Authority for HSA to become Macquarie Bank Limited (MBL) was received from the Federal Treasurer Paul Keating on 28 February 1985, making it only the second private trading bank to be established in Australia in modern times.^[13]

The bank continued to grow its activities in the 1980s. It became Australia's leading bullion trader, initiated 24-hour foreign exchange trading, commenced stockbroking and corporate leasing activities, opened offices in London and Munich, expanded into funds management by establishing Australia's first cash management account and formed a new structured finance business which would grow to become one of the largest in the world.^[11] It also implemented the risk management framework which is credited for the organisation's long history of unbroken profitability. The framework ensured Macquarie was not materially exposed to the October 1987 global share market crash.^[14]

In other initiatives, Macquarie established its philanthropic arm, the Macquarie Group Foundation, which has since contributed more than $A330 million to community organisations around the world, and established what has become one of Australia's largest corporate art collections, the Macquarie Group Collection.^[15]

On 29 July 1996, Macquarie Bank Limited listed on the Australian Securities Exchange ASX: MQG.^[16] By 30 October 1996 Macquarie had entered the ASX All Ordinaries Index, with a market capitalisation of approximately A$1.3 billion and would grow to more than A$35 billion in 2018^[17] to become one of Australia's largest listed companies.

Macquarie continued its overseas expansion during the early 1990s, opening offices in New York, Hong Kong, Singapore and Beijing, while extending its Australian operations to Perth and the Gold Coast. Acquisitions during the decade included Boston Australia Limited, Security Pacific Australia and the investment banking arm of Bankers Trust Australia.^[18]

In 1994, Macquarie began its infrastructure investment business with the underwriting and placement of publicly listed equity for the Hills Motorway in Sydney.^[11] It has continued to grow these activities to become the world's leading infrastructure manager.^[19] During the decade, Macquarie also launched its private banking and residential mortgages businesses and established a number of real estate and investment trusts.^[20]

Macquarie continued to expand its Asia operations in the early 2000s with the opening of offices in Seoul and Tokyo in 2000, and through the acquisition of ING Group's Asian cash equities business in March 2004.^[21]

The decade was also marked by the global expansion of Macquarie's infrastructure business, with infrastructure investment funds established in Korea, China, Europe, Russia, India and the Middle East. On 16 December 2004, Macquarie Infrastructure Corporation began trading as Macquarie Infrastructure Company Trust on the New York Stock Exchange (NYSE:MIC).^[22]

Macquarie made a number of significant acquisitions, particularly in the US, in the later part of the 2000s. These included US energy marketing and trading company Cook Inlet Energy Supply, establishing Macquarie's physical natural gas trading business in the US, and Constellation Energy's Houston-based downstream natural gas trading operations. As at 2018 Macquarie Group is the second largest physical gas trader in North America.^[23]

Other acquisitions included UK gas supply company Corona Energy in August 2006 and, in 2009, independent energy advisory firm Tristone Global Capital Inc; specialist investment bank Fox-Pitt Kelton Cochran Caronia Walker; Canadian wealth management business Blackmont Capital Inc; the wholesale electricity trading business of US firm Integrys Energy; US-based fixed income fund manager Allegiance Investment Management; the equity derivatives and structured products business of German private bank Sal. Oppenheim; and Condor Ferries service between the UK, Channel Islands and France.^[24][25]

In 2005, Macquarie announced an unsolicited takeover bid for the London Stock Exchange valuing the company at £1.5 billion, a bid rejected by LSE management.^[26]

Macquarie Group

In July 2006, Macquarie announced its intention to restructure the Macquarie Group into a non-operating holding company (NOHC) ^[27] owning separate banking and non-banking groups so as to support continued growth across the Group's businesses, particularly internationally, whilst meeting the requirements of the Australian Prudential Regulation Authority (APRA). Establishment of Macquarie Group Limited as the NOHC was approved by the Federal Court in October 2007.^[28]

Also that year, Macquarie, via a deal in which it acquired Thames Water, a private utility company responsible for public water supply and waste water treatment in the London region of the UK, was found to have transferred to Thames Water £2bn of debt before selling its stake in the company. These disclosures followed scrutiny of the possible financial causes of Thames Water's extensive pollution of the River Thames, and other rivers, with untreated sewage between 2012 and 2014, for which Thames Water was fined a record £20m.^[29][30] In response to criticism, Macquarie noted that during its tenure Thames Water invested more than £11 billion, or around £1 billion per year, more than twice that invested during the five-year period before privatisation in 1989.^[31] The Lee Tunnel was commissioned in January 2010 and opened by Mayor of London Boris Johnson, in January 2016.^[32][33] The capital investment undertaken to London's water supply was the first major investment since the Victorian era. Debts in Thames Water had gone from £3.2bn to £10.5bn by the time Macquarie had sold its stake, whilst paying out £2.8bn in dividends to shareholders during their time in control.^[34] While Macquarie, once called a "vampire kangaroo" by the UK press,^[35] pulled out of Thames Water, in August 2021, it bought a majority stake in Southern Water.^[36][37][38] It invested £1.6 billion ($3.1 billion) in what has been described as the UK's second most fragile water business, which, in 2024, risked being hit by the collapse of the now heavily financially troubled Thames Water.^[35]

In 2010, Macquarie completed its then largest acquisition with the purchase of Delaware Investments, a US-based diversified asset management firm, from Lincoln Financial Group.^[39] As a result of the acquisition, Macquarie became one of the world's top 50 asset managers.^[40] The same year, the company, through its subsidiary Macquarie Equipment Rentals, was criticised by the Australian Competition & Consumer Commission for suing 300 small businesses caught up in misleading telephony bundling deals.^[41]

No. 1 Martin Place, one of Macquarie Group's offices in Sydney

In March 2012, Macquarie acquired the buildings located at 48–50 Martin Place and 9–19 Elizabeth Street from the Commonwealth Bank of Australia in preparation of their lease at current No. 1 Martin Place offices expiring in 2024.^[42]

In October 2014, Macquarie joins the Global Infrastructure Facility (GIF), formed as part of an initiative by the World Bank Group conceived under Australia's G20 2014 presidency,^[43] as an advisory partner to share market insight, advice and expertise with the GIF and its government partners.^[44]

In March 2015, Macquarie announced the acquisition of a $US4 billion aircraft operating lease portfolio from AWAS Aviation Capital, bringing Macquarie's portfolio up to more than 220 aeroplanes.^[45] In October Macquarie entered into an agreement to acquire the A$8.2 billion Esanda dealer finance portfolio from ANZ Banking Group.^[46]

In June 2017, Macquarie's Commodities and Global Markets business completed its acquisition of Cargill's petroleum business as well as its North America power and gas business. The transaction expanded Macquarie's global financial and physical oil business footprint to include Geneva and Minneapolis.^[47]

In August 2017, a Macquarie-led consortium acquired the UK Green Investment Bank plc from the UK government ^[48] as the result of the 'Future of the Green Investment Bank inquiry' that concluded that it was by original design to operate as an investment bank and in providing finance on fully commercial terms to achieve both green impact and strong profits the government should move GIB into private ownership so it can carry on doing what it does best – but funded by the private sector, rather than using public funds and free to borrow from the capital markets as necessary without this affecting public sector debt.^[49][50] Macquarie then rebranded it as a subsidiary called the Green Investment Group (GIG).

Recent history

In the financial year ending 31 March 2021, Macquarie reported net profit of A$3.015 billion and a final dividend per ordinary share of A$4.70 per share.^[51]

In September 2021, Cincinnati Bell, which also owns Hawaiian Tel since their July 2018 merger, was fully acquired by Macquaire Infrastructure Partners V.^{[52][53][54][55]}

In 2021, the company announced the purchase of Kansas City-based asset management company Waddell & Reed for $1.7 billion.^[56]

Also in 2021, Macquarie entered into a binding agreement to acquire AMP Capital's Global Equity and Fixed Income (GEFI) business in Australia.^[57]

In March 2022, Macquarie Asset Management completed its acquisition of Central Park Group, an independent investment advisory company specialising in alternative investment strategies for high-net-worth investors.^[58]

In November 2023, Macquarie Capital Principal Finance announced the acquisition of energy testing and inspection services provider – Camin Cargo for an undisclosed amount.^[59]

In July 2024, the company took full ownership of National Gas in the UK, after acquiring the final 20% of the company from National Grid plc.^[60]

Board of directors

Macquarie Board Presention

The Board has eight Directors, comprising seven independent directors and one executive director, who is the Macquarie Group managing director and chief executive officer (CEO).

Macquarie Group Limited current Board of Directors includes:

• Glenn R Stevens AC – Independent Chairman, Independent Voting Director,^[61] a director of the Anika Foundation and the Lowy Institute and former Governor of the Reserve Bank of Australia.
• Shemara Wikramanayake – managing director, chief executive officer and Executive Voting Director.^[61]
• Jillian R Broadbent AC – Independent Voting Director;^[61] Chair of the Board of Swiss Re Life and Health Australia, Chancellor of the University of Wollongong and a director of Woolworths Australia, the National Portrait Gallery of Australia and the Sydney Dance Company.
• Phillip M Coffey – Independent Voting Director;^[61] Non-Executive Director of Lendlease, a member of the Clean Energy Finance Corporation Board and Chairman of the Westpac Bicentennial Foundation.
• Michelle A Hinchliffe – Independent Voting Director; Non-Executive Director of BHP, Santander UK and Santander UK Group Holdings
• Susan J Lloyd-Hurwitz – Independent Voting Director; Director of Rio Tinto and Spacecube
• Michael J Coleman – Independent Voting Director;^[61] Adjunct Professor at the Australian School of Business at the University of New South Wales, Chairman of Planet Ark Environmental Foundation^[62] and former Senior Audit Partner with KPMG.
• Diane J Grady AM - Independent Voting Director;^[61] a member of the McKinsey Advisory Council and a Director of Spotless Group^[63] and Tennis Australia.^[64]
• Rebecca J McGrath - Independent Voting Director, Chairman of Oz Minerals and Scania Australia, Non-Executive Director of Goodman Group, Investa Office Management Holdings and Investa Wholesale Funds Management.
• Mike Roche - Independent Voting Director, member of the ADARA Partners Corporate Advisory Wise Counsel Panel, a small business mentor for Many Rivers Microfinance Limited and co-founder and director of the Sally Foundation.
• Michael J Hawker - Independent Voting Director;^[61] a Director of Aviva,^[65] Lead Independent Director of Soul Patts^[66] and former CEO of Insurance Australia Group.
• Nicola M Wakefield-Evans - Independent Voting Director;^[61] a Director of Lendlease,^[67] Toll Holdings and Bupa Australia and New Zealand Group.^[68]

Notable former employees

• Bob Carr^[69]
• David Clarke^[70]
• Simon Hannes^[71]
• John Hewson^[72]
• Catherine Livingstone^[73]
• Allan Moss^[74]
• Eddie Ng^[75]
• John Niland^[76]
• Helen Nugent^[77]
• Graeme Samuel^[78]
• Warwick Smith^[79]
• Alan Stockdale^[80]

References

1. 2024 full-year result – annual report (PDF) (Report). Macquarie Group Limited. 31 March 2024.
2. "Credit ratings". Macquarie Group Limited. 2024.
3. Macquarie FY23 Annual Report (PDF). Macquarie Investor Relations (Report). Macquarie Group. Retrieved 5 May 2023.
4. "Top 50 infrastructure investment managers 2018". IPE RA. Retrieved 2 July 2018.
5. "Macquarie Asset Management tops Infrastructure Investor's 100 largest infrastructure managers". Infrastructure Investor.
6. Gourntis, Kalliope (1 November 2024). "II 100: GIP, a part of BlackRock, is the world's largest infra manager". Infrastructure Investor. Retrieved 11 December 2024.
7. Michele Levine (9 July 2024). 'Roy Morgan Wealth Report (Report) (July 2024 ed.). Roy Morgan. Macquarie Bank has the wealthiest customers
8. "Bank with the wealthiest customers revealed". Australian Broker. 11 July 2024.
9. FY23 Presentation (PDF). Macquarie Investor Relations (Report). Macquarie Group. Retrieved 5 May 2023.
10. "About | Macquarie Group". Macquarie. Macquarie Group. Retrieved 5 May 2023.
11. "Who's afraid of Macquarie Bank?". The Monthly. 4 July 2007. Retrieved 9 February 2017.
12. "Macquarie and the Holey Dollar - Macquarie Bank Limited". 27 May 2013. Archived from the original on 27 May 2013. Retrieved 29 July 2023.
13. "Historical Series Breaks". Reserve Bank of Australia. Retrieved 9 February 2017.
14. "Stock Market Crash of 1987".
15. "Partner's message :: Australian :: Art Gallery NSW". www.artgallery.nsw.gov.au. Retrieved 9 February 2017.
16. "Macquarie – how the mighty have changed - Share Trading | Switzer". www.switzer.com.au. Retrieved 11 February 2017.
17. Macquarie Group Limited, 1H22 Interim Financial Report (PDF) (Report). 30 September 2021.
18. Newswires, Dow Jones (28 June 1999). "Macquarie Bank to Acquire Unit of Bankers Trust Australia". Wall Street Journal. ISSN 0099-9660. Retrieved 9 February 2017.
19. "Global Alternatives Survey 2017". Willis Towers Watson. Retrieved 18 August 2017.
20. Strategy, Cascade. "Strategy Study: The Macquarie Group Growth Study". www.cascade.app. Retrieved 23 January 2023.
21. "East & Partners | Macquarie snaps up ING's Asian equity business". east.com.au. Retrieved 9 February 2017.
22. "Macquarie Infrastructure Company Reports 2004 Results (NYSE:MIC)". investor.shareholder.com. Retrieved 9 February 2017.
23. "Macquarie's World Part 2: American dream built on energy and infrastructure". Financial Review. 26 February 2018. Retrieved 2 July 2018.
24. "The Corona Energy journey :: Corona Energy". Corona Energy. Retrieved 9 February 2017.
25. "Macquarie to Buy the Boutique Firm Fox-Pitt Kelton". 30 September 2009. Retrieved 9 February 2017.
26. Muspratt, Caroline. "LSE rejects 'derisory' Macquarie bid". Telegraph.co.uk. Archived from the original on 12 January 2022. Retrieved 9 February 2017.
27. "Macquarie Bank releases Explanatory Memorandum for restructure of Macquarie Group" (Press release). Sydney. 14 September 2007.
28. "Macquarie Bank Limited Received Final Australian Federal Court Approval for Restructure of Macquarie Group" (PDF). Australian Securities Exchange (Press release). 29 October 2007.
29. "Macquarie 'transferred £2bn of debt' on to Thames Water's books". The Financial Times. 5 September 2017.
30. "How Macquarie bank left Thames Water with extra £2bn debt". BBC News. 5 September 2017.
31. "Macquarie sells stake in UK's biggest water firm". Australian Financial Review. 15 March 2017. Retrieved 2 July 2018.
32. Smith, Claire (29 January 2016). "Boris Johnson officially opens the Lee Tunnel". Ground Engineering. Retrieved 9 September 2021.
33. Garrett, Amy Ashenden, Luke (28 January 2016). "Boris Johnson opens new 'super sewer' Lee Tunnel". Evening Standard. Retrieved 9 September 2021.
34. Laville, Sandra; Leach, Anna; Garcia, Carmen Aguilar (30 June 2023). "In charts: how privatisation drained Thames Water's coffers". The Guardian Media Group. Retrieved 30 June 2023.
35. van Leeuwen, Hans (30 May 2024). "Thames Water's big stink: Is Macquarie to blame?". Australian Financial Review. Archived from the original on 29 May 2024. Retrieved 2 June 2024.
36. Ambrose, Jillian (10 August 2021). "Macquarie wades back into UK with majority stake in Southern Water". The Guardian. Retrieved 1 July 2023.
37. "Southern Water: Bank buys majority stake in water firm after record fine". BBC News. British Broadcasting Corporation. 9 August 2021. Retrieved 1 July 2023.
38. "Macquarie Asset Management agrees to acquire majority stake in Southern Water". Macquarie (Press release). 9 August 2021. Retrieved 1 July 2023.
39. McFarland, Lyndal (20 August 2009). "Macquarie to Acquire Delaware Investments". Wall Street Journal. ISSN 0099-9660. Retrieved 9 February 2017.
40. "Macquarie tops list of Australia's largest fund managers, enters world's top 50". Australian Financial Review. 2 November 2015. Retrieved 2 July 2018.
41. "Samuel slams Macquarie over telco scam". Sydney Morning Herald. 1 November 2010.
42. "Macquarie enters agreement to acquire 48 Martin Place" (Press release). Macquarie Group Limited. 29 March 2012.
43. World Bank Group Launches New Global Infrastructure Facility. World Bank Group. 9 October 2014.
44. "Macquarie Group joins the World Bank's Global Infrastructure Facility" (Press release). Washington D.C.: Macquarie Group Limited. 9 October 2014.
45. "Macquarie to Buy Aircraft for $4 Billion, Raise Capital". Bloomberg News. 3 March 2015. Retrieved 9 February 2017.
46. "Acquisition of Esanda dealer finance portfolio from ANZ Banking Group Limited, capital raising and update to short term outlook". www.macquarie.com (Press release). Retrieved 1 April 2021.
47. Jaganathan, Jessica (7 July 2017). "Cargill completes sale of petroleum business to Macquarie". Reuters. Retrieved 27 December 2024.
48. "UK government's sale of Green Investment Bank completed". www.gov.uk. 18 August 2017.
49. Secretary of State for Business, Innovation & Skills (February 2016). Government response to Environmental Audit Committee report "The Future of the Green Investment Bank" (PDF) (Report). UK Parliament.
50. "Future of the Green Investment Bank inquiry". Government of the United Kingdom. 2015.
51. "Macquarie Group, 2021 Full Year Results". Financial Review. 31 March 2021. Retrieved 11 January 2021.
52. Hardy, Stephen (9 March 2020). "Macquarie wins bidding for Cincinnati Bell as Brookfield drops out. Suitor Brookfield Infrastructure, which had gone as far as reaching a purchase agreement with Cincinnati Bell, declined to match MIRA's final bid of $15.50 per share in cash for all outstanding shares of Cincinnati Bell common stock". lightwave.com. Retrieved 10 March 2020.
53. "Cincinnati Bell Inc. Determines Binding Proposal From Macquarie Infrastructure And Real Assets Constitutes A "Superior Company Proposal"". Yahoo. 6 March 2020. Retrieved 10 March 2020 – via PR newswire.
54. Hrushka, Anna (2 July 2018). "Cincinnati Bell completes acquisition of Hawaiian Telcom, Komeiji named president". Pacific Business News. Archived from the original on 11 March 2020. Retrieved 10 March 2020.
55. Moritz, Scott; Hammond, Ed. "Cincinnati Bell to Buy Hawaiian Telcom, OnX for $851 Million". Bloomberg News. Retrieved 10 March 2020.
56. Dornbrook, James (30 April 2021). "Waddell & Reed's $1.7B sale to Macquarie Asset Management is official". Kansas City Business Journal. Retrieved 8 June 2021.
57. "Macquarie to acquire Global Equity and Fixed Income business from AMP Capital | Macquarie Group". Macquarie (Press release). Retrieved 11 January 2022.
58. "Macquarie Asset Management acquires Central Park Group". www.hedgeweek.com. 15 March 2022. Retrieved 15 March 2022.
59. "Macquarie Capital Principal Finance to Acquire Camin Cargo". Yahoo Finance. 8 November 2023. Retrieved 8 November 2023.
60. Plimmer, Gill (26 July 2024). "Macquarie takes full ownership of Britain's gas network". www.ft.com. Retrieved 29 July 2024.
61. "Board of Directors | Macquarie Group". www.macquarie.com. Archived from the original on 15 December 2016. Retrieved 16 January 2017.
62. Foundation, Planet Ark Environmental. "Meet the Board". Planet Ark. Retrieved 16 January 2017.
63. "Board of Directors". www.spotless.com. Archived from the original on 24 March 2017. Retrieved 16 January 2017.
64. "Tennis Australia Board and Executive Team – About Tennis Australia - Tennis Australia". Tennis Australia. Retrieved 16 January 2017.
65. "Board of directors - - Aviva plc". www.aviva.com. Retrieved 16 January 2017.
66. "About Washington H. Soul Pattinson". www.whsp.com.au. Retrieved 16 January 2017.
67. "Nicola M. Wakefield Evans". www.lendlease.com. Retrieved 16 January 2017.
68. "- Chief Executive Women". Chief Executive Women. Retrieved 16 January 2017.
69. Macquarie hires Bob the banker Australian Financial Review 11 October 2005
70. Macquarie veteran dies Sydney Morning Herald 8 April 2011
71. Hannes given rare second chance Sydney Morning Herald 13 May 2008
72. The man we knew as Hewson The Sun-Herald 10 April 2004
73. Catherine Brighid Livingstone Companies House
74. Former Macquarie boss Allan Moss named on RBA board The Australian 8 December 2015
75. Mr Eddie Ng Hak-kim, SBS, JP, Secretary for Education Government of Hong Kong
76. John Rodney Niland Companies House
77. Dr Helen Nugent University of Queensland
78. Graeme Samuel Quipex
79. Warwick Smith Aqualand
80. Stockdale quits politics for Macquarie Australian Financial Review 7 October 1999

External links

Media related to Macquarie Group at Wikimedia Commons

• Official website
• Macquarie Group Ltd Investor Relations
• Macquarie Infrastructure and Real Assets (MIRA)
• Macquarie Group companies grouped at OpenCorporates