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Good afternoon,

Buying PwC’s old consulting arm for "$1" was a dollar too much according to the latest financials for Scyne . New records reveal the deal’s true cost was millions more and it has posted an $81m loss as professional services demand crumbles.

Investment giant Macquarie handed its CEO a $24m pay packet, in a year where it smashed market forecasts for annual profit while warning trade faces the most intense pressure in decades.

Superannuation giant Hesta says it’s put WiseTech Global on watch over its governance and transparency, leading to the possibility it could follow AustralianSuper and sell its stake.

Vesna Poljak
Business Editor
The markets


Commentary
Decarbonisation debate is so much hot air
By JOHN DURIE
Columnist
The need to decarbonise is universally supported but just how remains a debated issue. And this is convenient for the naysayers.
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By DAMON KITNEY

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