Is the ‘Millionaires Factory’ Losing Its Mojo?
Is the ‘Millionaires Factory’ Losing Its Mojo?
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Is the ‘Millionaires Factory’ Losing Its Mojo?

🕒︎ 2025-11-13

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Is the ‘Millionaires Factory’ Losing Its Mojo?

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Never miss an episode. Follow The Bloomberg Australia Podcast today. Macquarie’s reputation as Australia’s “millionaires factory” is under strain. The investment giant’s latest profit fell short of expectations, sending its shares sliding and investors questioning whether its golden era is fading. Commodities trading – once the powerhouse of the bank – is losing steam amid regulatory pressure and a calmer market, while leadership faces scrutiny over pay and performance.

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