It’s been three days of watching CEOs pitch to fund managers and hearing their off-record feedback at Macquarie’s annual conference. Both sides are more upbeat.
Fireside chats, charcoal suits, small caps mafia hunting in a pack, three-quarter coffees, big super’s big presence, and the realisation that the artificial intelligence boom can be only as good as the energy transition; that’s Australian equity capital markets in 2024.
The energy transition and digitisation are the big themes for the rest of this decade, although both are only as good as government policy settings. And there are plenty of businesses from across energy, infrastructure, healthcare, property and other sectors still saying those settings are not quite right.On the investor side, big super’s big presence was noticeable.
We would recommend those CEOs with complex businesses and who are not fresh off a results or strategy day come equipped with a few slides next year – to help those of us who don’t follow their stories every day. Just a slide to show how much of their revenue/earnings come from each division, for example.
MinRes has already contracted planes to fly staff from Brisbane to its Ken’s Bore and Wodgina mine sites in Western Australia. He needs that culture pitch to work.MinRes, a big player in WA mining, is expanding into Queensland and will need to attract more staff to make it a success.Cettire founder Dean Mintz prefers to do his investor relations work behind closed doors, but he popped up for a maiden performance at a Macquarie conference on Wednesday.
That replacement cycle is just one of the things helping JB Hi-Fi’s sales numbers hold up in the face of cost-of-living pressures on households. MacCap’s traditional model was to buy a project, develop it and sell stakes as it de-risked the investment, making good money for the bank along the way. Harvey said some of those investors wanted Macquarie to stick around and manage the investments for longer, which is more asset management than principal investing.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market power allows CEOs to raise their own salaries, Queensland economists sayEconomists like John Quiggin believe executives are able to 'cream money off the top' on the back of growing market power and wider profit margins.
Read more »
The hefty pay packets of CEOs is becoming harder and harder to justifyWhile its logical a position such as CEO deserves higher pay than other roles, the disparity is getting harder to stomach.
Read more »
The hefty pay packets of CEOs is becoming harder and harder to justifyWhile its logical a position such as CEO deserves higher pay than other roles, the disparity is getting harder to stomach.
Read more »
The hefty pay packets of CEOs is becoming harder and harder to justifyWhile its logical a position such as CEO deserves higher pay than other roles, the disparity is getting harder to stomach.
Read more »
Macquarie, ANZ and Canva CEOs help power up Australia’s India pushGovernments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.
Read more »
Macquarie mails out agenda for annual shindigLeafing through the program, a handful of CEOs stick out as candidates that should be in hot demand with fundies for one-on-one meetings.
Read more »