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Macquarie Group has become a successful infrastructure funder worldwide.

Poor tax policy penalises success

OPINION: Picking on banks might be populist, but it is a very risky proposition.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
44thAngloGold Ashanti143%16%
180thRamsay Health Care38%36%
211thBrambles26%17%
290thSantos9%-7%
432ndMacquarie Group-11%24%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

18th-Macquarie Group$9,368.0m
19th↑Ramsay Health Care$8,690.5m
20th↑Brambles$7,583.0m
22nd-AngloGold Ashanti$5,606.4m
23rd-Santos$5,600.7m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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