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DARK SECRETS: Macquarie | Rare Historical Photos

Australian university brings in AI chatbot to help teach psychology classes

Academics say using AI for teaching may create ‘damaging issues’

The Independent UK

AI chatbot helps teach online-only psychology classes at Macquarie University

University’s move is part of trend that critics within academia say will lead to further staff cuts and loss of ‘everything that makes the job worth doing’

The Guardian - AU

From IPO mockery to Rs 1 lakh crore m-cap: Why investors are still betting on Lenskart’s vision

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples sparking comparisons with expensive listings such as Mamaearth, Paytm and Nykaa. Retail investors mocked the Rs 70,000-crore valuation on social media, questioning whether the eyewear company offered enough upside. Less than a year later,…

The Economic Times

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Put port back in public hands: Newcastle councillors

'For all the promises, privatisation has left Novocastrians worse off.'

Newcastle Herald

Do you pay rent with a credit card? Soon, you may not have the option

From October 1, businesses will no longer be able to add surcharges to payments made on the EFTPOS, Visa or Mastercard networks, following reforms by the Reserve Bank of Australia.

The Conversation

Five key takeaways from parliamentary hearings into client leaks at KPMG

Partners say they ‘don’t recall’ leaked papers and are accused by lawyers of being misleading as more whistleblowers come forward

The Guardian - AU

'I am so sorry': audit investigator's belated apology

An investigator has apologised to a Senate inquiry for failing to properly probe claims of misconduct at one of the biggest multinational auditors.

AAP

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As home loan applications drop, the big four banks face a growing challenge from Macquarie

Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget.

The Conversation

Lenskart Solutions shares jump 7% after Q1 results; Jefferies, Goldman Sachs, 3 others raise target price

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while revenue grew 34% and EBITDA jumped 61%. Margins also improved sharply, with product margin crossing 70%. Jefferies, Morgan Stanley and Goldman Sachs remain positive, citing strong growth, margin expansion and premiumisation, with…

The Economic Times

Chinese influence may deter new port investor

Experts are concerned Chinese part ownership of the Port of Newcastle will make it difficult to attract new investors.

Newcastle Herald

Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommend

Trent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue from operations grew 18% to Rs 5,755 crore. On a sequential basis, net profit increased 25% and revenue rose 14%, although the stock came under pressure…

The Economic Times

The personal grief behind Craig's 230km walk to reach 35 football clubs

The Lake Macquarie City coach is starting important conversations on The Long Walk Back to the Sheds.

Newcastle Herald

Elon Musk's SpaceX Faces Its Biggest Public Test Yet As First Earnings Near

Space Exploration Technologies Corp. (NASDAQ:SPCX) stock fell about 2% in Monday’s premarket session as investors positioned ahead of the company’s first earnings report as a public company.

Benzinga

Mega gallery: Late send-off all part of the NEWRL drama in penultimate round

Three sides fight for last two spots in top five with one game left.

Newcastle Herald

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The Guardian - AU

Always remember how Macquarie built its millionaires on outrageous tolls and charges

As Shemara Wikramanayake retires with shares worth hundreds of millions, the public is left counting the cost of high prices for utilities, roads and airports

The Economic Times

Global Market: Macquarie names Greg Ward as next CEO, signalling leadership continuity

Macquarie Group has appointed Greg Ward as its new chief executive officer. Investors view this leadership transition as a vote of confidence in the company. Ward's extensive experience ensures continuity and preserves current growth momentum. The Banking and Financial Services division may receive greater focus under his leadership. This internal…

AAP

Shares trim gains as bets narrow on interest rate hike

A sustained bounce in miners has pushed the ASX to a third session of gains but tightness in the labour market is putting pressure on the Reserve Bank.

The Economic Times

Australian investment bank Macquarie names Greg Ward as next CEO

Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving executive, will take over the role on November 6. Investors view this appointment as a sign of confidence in the bank's strategy. The bank's…

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AAP

'Millionaires' factory' boss to leave with vast fortune

Macquarie Group shareholders have backed the pay of its chief executive, who will retire in November with company shares worth hundreds of millions of dollars.

The Economic Times

Profit up 35%, shares down 15%: What went wrong at Bandhan Bank?

Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on the lender's sharp cut to its FY27 RoA guidance. Brokerages remained divided, with concerns over margin pressure and funding costs overshadowing stronger earnings and improved asset quality.

Benzinga

'Buy Any Dip' in SpaceX Stock — Macquarie Sees Massive Upside Ahead

Macquarie sees SpaceX (NASDAQ:SPCX) as a premier AI infrastructure asset and argues that pullbacks in the stock are buying opportunities given the firm’s $250 price target and structural AI tailwinds.

Newcastle Herald

Olsen stars as Maitland make NEWRL history on Sleapy's Day; Kurri firm for finals

GALLERY: All the photos from Merewether's Townson Oval.

Benzinga

AMC Stock Stabilizes Above 200-Day Moving Average: What Investors Need to Know

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading marginally higher on Friday as traders lean into a more constructive box-office outlook and a fresh analyst target hike.

The Economic Times

Rs 18,000 crore crash in Trent shares explained, and should you buy the dip

Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and slowing expansion raised concerns, most brokerages remain bullish, calling the slowdown seasonal, though Citi warns of structural challenges and intensifying competition.

The Economic Times

India's power sector enters "value chain" reset led by transmission, storage and demand growth: Report

India's power sector is undergoing a overhaul, with transmission infrastructure and energy storage identified as key drivers for the next decade. Projections show installed capacity soaring to 900GW by FY32, supported by continued coal use and a surge in renewables. This expansion hinges on deploying increased energy storage to manage…

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