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The Australian
 

Good afternoon,

Conditions aren't getting any better for the auditing and consulting sector, and it's been no exception for Deloitte which on Friday told staff more of their positions are being axed.

Meanwhile, renting apartments out is easier than selling them according to Meriton chief Harry Triguboff, who says buyers are finding it tough to secure finance. 

And The Australian's Eric Johnston asks what's next for "billionaire's factory" Macquarie after it missed earnings expectations yet pocketed a massive windfall from the Airtrunk sale.

Perry Williams
Business editor
The markets


Commentary
Qatar, Chemist Warehouse deals on verge of ACCC green light
By JOHN DURIE
Columnist
The ACCC will as early as next week wave through Qatar Airways’ investment in Virgin Australia and Chemist Warehouse’s backdoor listing through Sigma so what happens next?
Latest news
‘Challenging market’: Deloitte to cut more jobs
The audit and consulting firm has moved to slash jobs after months of attrition in the professional services giant’s headcount.
By DAVID ROSS
AUKUS is safe no matter who’s in the White House: Austal chair
He was appointed, and then sacked, by Donald Trump as US Navy secretary but Austal chair Richard Spencer is comfortable the future of the alliance is safe.
By BRAD THOMPSON
$3bn dividend bonanza for Australia’s billionaire rich-listers
From mining to Blundstone boots, technology and Chemist Warehouse, most owners of our biggest private companies cashed in this year. But a few are counting losses | SEE THE LIST
By JOHN STENSHOLT
Macquarie shares slump on first-half $1.6bn profit miss
Macquarie’s interim profit has increased, buoyed by higher performance fees, but the result fell short of expectations and the company cautioned that softer commodities income was likely.
By JOYCE MOULLAKIS
Zenith downgrades Paradice mid-cap fund after key retirement
The departures from the local funds management industry keep on coming, with John Lake’s retirement from Paradice Investment Management being dubbed a ‘material loss’.
By JOYCE MOULLAKIS, JOHN STENSHOLT

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