Macquarie shares jump on jobs shock and buyback extension — what to watch before the RBA meeting
Macquarie Group shares rose 2.4% to A$210.87, ending a three-day slide as bank stocks rallied after Australia’s unemployment rate fell to 4.1% in December. The company extended its share buyback deadline to Nov. 6, 2026, with A$1.013 billion repurchased so far. Traders are watching inflation data due Jan. 28 and the Reserve Bank’s Feb. 3 rate decision.