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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
1 mins to read

Green assets weigh on Macquarie outlook

The bank said asset sales in the renewable sector could pick up early next year.

Macquarie shares dipped 3.8% late Wednesday.

Green energy investments are dragging on the short term outlook for Australia’s Macquarie Group, with a warning that operating income for its asset management unit will be “substantially down” in the first half of the 2024 financial year.

In an update released through the ASX yesterday

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Lachlan Colquhoun Thu, 07 Sep 2023
Contact the Writer: lachlan@nbr.co.nz
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Green assets weigh on Macquarie outlook
Australia,
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