Anthony Macdonald
π€ SpeakerAppearances Over Time
Podcast Appearances
25% of her profit share allocation is gone.
That's the $7 million.
The next most was 15% for Greg Ward, who runs the local banking and financial services business.
It has Macquarie's platform, the wealth platform,
That was the bit that got hit earlier this year with the Shield Master Fund, a fund that looks like it was full of assets that had been compiled together quite dodgily and ASIC's going after them.
Macquarie repaid financial advisors who put their money into that fund.
So, I mean, that's why Greg Ward's been hit next.
But you're right.
After that, it's sort of like 10% here, 5% there.
Shimara, though, feels the most pain.
Yeah.
It's definitely playing politics here, James.
I mean, the government's backed away from increasing taxes on gas producers.
I think it wants to show it's not completely toothless or tone deaf.
Yeah.
I mean, the question is whether something like this can be good policy as well.
And the announcement is so light on detail.
You pointed that out in your column on Thursday afternoon.
I mean, domestic gas reservation policy, it's not a new idea.
I mean, it's a surprise that they even sort of announced it when they'd already announced it late last year.