Australia's Macquarie has been forced to make a string of concessions with its £2.3 billion ($3.9) takeover of the UK's Green Investment Bank after a fierce backlash and claims that it is "worst kind of company" to be carrying out the organisation's environmental mission.
Latika Bourke is a reporter for The Sydney Morning Herald and The Age based in London. She has previously worked for Fairfax Media, the ABC and 2UE in Canberra. Latika won the Walkley Award for Young Australian Journalist of the Year in 2010.
Global economic growth is expected to pick up this year and in 2018, despite the political uncertainties created by Brexit and the election of maverick US President Donald Trump. And the International Monetary Fund has issued a better growth forecast for the Australian economy, compared to the Treasury's most recent predictions issued in December.
Gina Rinehart has consolidated her position as Australia's wealthiest person with the prominent magazine Forbes saying the mining magnate's net wealth jumped to $US15 billion ($19.4 billion) over the past 12 months.
Rupert Murdoch's $18.7 billion bid to takeover Sky News in the UK has been referred to the media regulator with the tory government citing concerns about "broadcasting standards" and "media plurality."
Former Liberal minister Andrew Robb pressed the Turnbull government to hold a royal commission into the banks but one with a narrower scope to stymie the Labor party's assault on the major banks, cabinet sources say.
The issue is key for Australian providers of financial services into the Eurozone as the passporting system allows businesses to operate in participating countries without needing permission from each individual country.
It's the global ranking Australians don't want.
Concerns about Australia's 'Millionaires Factory' have reached Scotland amid fears it will "asset strip" Britain's Green Investment Bank.
Why Australian investment bank Macquarie has British MPs alarmed.
Former Liberal Treasurer Peter Costello has launched a passionate defence of the mining sector saying is has been "treated shabbily" in Australia and asked why the industry is not included in the national curriculum.