{"product_id":"macquarie-bcg-matrix","title":"Macquarie Bank Boston Consulting Group Matrix","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBCG Matrix - Strategic Clarity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eMacquarie Group's BCG Matrix preview maps its principal businesses - Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital - across growth and market‑share dimensions, identifying potential Stars in infrastructure and capital markets, steady Cash Cows in asset and wealth management, and higher‑risk Question Marks in specialized trading desks.\u003c\/p\u003e\n\u003cp\u003eThis snapshot outlines implications for capital allocation and portfolio optimization; the full BCG Matrix delivers quadrant‑level data, practical recommendations, and scenario analysis to help prioritize investments and divestitures.\u003c\/p\u003e\n\u003cp\u003ePurchase the complete BCG Matrix report to receive a detailed Word analysis and an Excel summary - ready‑to‑use insights to support investment and strategic decision making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003etars\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGreen Investment Group (GIG)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAs a global leader in renewable development, Green Investment Group (GIG) drives rapid growth as governments target net-zero by 2050, with Macquarie reporting GIG-owned capacity ~13 GW and project pipeline \u0026gt;30 GW as of Dec 2025.\u003c\/p\u003e\n\u003cp\u003eMacquarie holds a dominant share in offshore wind and utility solar, having invested over US$12.5bn in GIG since 2020, requiring ongoing capital reinvestment to sustain cost leadership.\u003c\/p\u003e\n\u003cp\u003eGIG is the core of Macquarie's future growth strategy, balancing high capex-annual development spend ~US$1.2-1.6bn-with strong market positioning and expected IRRs above corporate targets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Retail Banking (Australia)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMacquarie Bank's Digital Retail Banking (Australia) is a Star in the BCG matrix, having grown deposits by 28% YoY to A$45.2bn and lifted retail lending market share to 6.8% by Q4 2025, siphoning customers from the Big Four with a digital-first UX and targeted premium segments.\u003c\/p\u003e\n\u003cp\u003eRevenue from the division rose 34% in FY2025 to A$1.1bn, driven by 320k net new active customers and a 2.1% net interest margin on digital products, underscoring high unit economics.\u003c\/p\u003e\n\u003cp\u003eTo sustain 20-25% CAGR and retain leadership, Macquarie must keep investing ~A$200-250m annually in software, cloud scaling, and digital onboarding to avoid congested growth and margin pressure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Energy Transition Advisory\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMacquarie Capital leads global energy transition advisory, advising on deals worth \u0026gt;$120bn since 2020 and capturing ~18% of EU\/NA renewables M\u0026amp;A pipeline in 2024, positioning it as a Star in the BCG matrix.\u003c\/p\u003e\n\u003cp\u003eThe sector is growing fast: institutional green investment hit $925bn globally in 2024, driving demand for infrastructure upgrades in Europe and North America and expanding addressable market by ~12% YoY.\u003c\/p\u003e\n\u003cp\u003eMacquarie's first-mover deals and proprietary research give high market share but require sustained hiring-headcount in renewables advisory rose 27% from 2022-2024-and increased R\u0026amp;D spend to defend growth.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommodities and Global Markets (CGM) Specialized Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCGM leverages Macquarie's leading position in energy and physical commodities to provide liquidity and hedging; revenue grew ~18% in FY2024 to about AUD 1.2bn, driven by higher volatility and complex client needs.\u003c\/p\u003e\n\u003cp\u003eHigh growth persists as demand for structured hedges rises, but CGM ties up large regulatory capital and tech spend-estimated cash deployment ~AUD 450m in 2024 for margin, collateral, and systems.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRevenue FY2024 ≈ AUD 1.2bn\u003c\/li\u003e\n\u003cli\u003eGrowth ≈ 18% YoY\u003c\/li\u003e\n\u003cli\u003eCash deployed ≈ AUD 450m\u003c\/li\u003e\n\u003cli\u003eHigh margin but capital intensive\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePrivate Markets Infrastructure Funds\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMacquarie Asset Management (MAM) stays a global infrastructure leader, overseeing about USD 200bn in infrastructure and real assets as of Dec 2025, capturing demand from modernized logistics and utilities.\u003c\/p\u003e\n\u003cp\u003ePrivate markets remain sought-after for inflation-protected cash flows; global private infrastructure fundraising hit ~USD 160bn in 2024-25, so Macquarie must keep launching funds to meet investor demand.\u003c\/p\u003e\n\u003cp\u003eTo retain market share MAM needs sizable capital commitments-often USD 1bn+ per fund-plus co-investment capacity to win large-scale global assets and long-term concessions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAssets under management: ~USD 200bn (Dec 2025)\u003c\/li\u003e\n\u003cli\u003ePrivate infra fundraising: ~USD 160bn (2024-25)\u003c\/li\u003e\n\u003cli\u003eTypical flagship fund size: USD 1bn+\u003c\/li\u003e\n\u003cli\u003eStrategy: ongoing fund launches + co-invest capital\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Stars-Star-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMacquarie highlights: 13GW GIG, A$45.2bn deposits, \u0026gt;$120bn deals, ~USD200bn AUM\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eStars: GIG (13 GW owned, \u0026gt;30 GW pipeline Dec 2025), Digital Retail (A$45.2bn deposits, 28% YoY), Macquarie Capital (\u0026gt;$120bn deals since 2020, 18% EU\/NA share 2024), CGM (AUD 1.2bn rev FY2024), MAM (~USD 200bn AUM Dec 2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eBusiness\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003e2024-Dec 2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGIG\u003c\/td\u003e\n\u003ctd\u003eOwned\/pipeline\u003c\/td\u003e\n\u003ctd\u003e13 GW \/ \u0026gt;30 GW\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital Retail\u003c\/td\u003e\n\u003ctd\u003eDeposits\u003c\/td\u003e\n\u003ctd\u003eA$45.2bn (28% YoY)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMacquarie Capital\u003c\/td\u003e\n\u003ctd\u003eAdvised deals\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;$120bn since 2020\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCGM\u003c\/td\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003eAUD 1.2bn FY2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMAM\u003c\/td\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003e~USD 200bn (Dec 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eIn-depth BCG analysis of Macquarie Bank's units with strategic insights on Stars, Cash Cows, Question Marks, and Dogs, incl. invest\/hold\/divest guidance.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eOne-page Macquarie Bank BCG Matrix placing each business unit in a quadrant for quick strategic clarity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eash Cows\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAustralian Residential Mortgages\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMacquarie holds a mature, high-share position in Australian residential mortgages, accounting for about 5-6% of the market and producing steady net interest income-A$2.1bn in home-lending NII in FY2024.\u003c\/p\u003e\n\u003cp\u003eLoan book growth has stabilized near 3-4% annually, so marketing spend is low versus earlier expansion, yielding reliable cash flow and ~60% loan portfolio ROA stability.\u003c\/p\u003e\n\u003cp\u003eThese mortgage cash flows funded A$1.2bn of group investment into international expansion and A$450m into technology and platforms in 2024, fueling higher-growth initiatives abroad.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMacquarie Asset Management (MAM) Public Investments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMacquarie Asset Management Public Investments manages over US$A370 billion in equities and fixed-income for institutional and retail clients globally (FY2025), generating steady fee revenue and 12-14% operating margins typical for mature asset managers.\u003c\/p\u003e\n\u003cp\u003eOperating in a saturated, low-growth market segment, the unit's high AUM and recurring fees produce predictable cash flows, classifying it as a cash cow within Macquarie Bank's BCG matrix.\u003c\/p\u003e\n\u003cp\u003eWith core distribution, compliance, and investment platforms already built, incremental capital expenditure is low, so ROI on additional AUM remains high and cash generation is reliably sustained.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBusiness Banking (SME)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe Small and Medium Enterprise (SME) business banking unit in Australia delivers steady fee and lending income, contributing about A$1.1bn in net interest and fees for Macquarie Group in FY2024 and showing low annual market growth (~2% in 2023-24).\u003c\/p\u003e\n\u003cp\u003eMacquarie holds concentrated share in professional niches-estimated \u0026gt;20% share in healthcare and legal services financing-yielding high customer retention and low acquisition costs.\u003c\/p\u003e\n\u003cp\u003eWith limited growth but strong loyalty, SME banking serves as a primary liquidity source, funding higher-risk Macquarie ventures via stable deposits and predictable cashflow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Infrastructure Equity Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eGlobal Infrastructure Equity Management at Macquarie Bank sits as a Cash Cow: mature toll roads, utilities, and energy assets generate predictable cash flows-Macquarie's Listed Infrastructure funds returned c.6.5% yield in 2024 and its infrastructure platform held ~A$120bn of assets under management at end-2024, producing steady distributable income.\u003c\/p\u003e\n\u003cp\u003eThese assets operate in regulated, stable markets with high entry barriers and dominant positions, giving long-term EBITDA visibility and low capex intensity; cash is routinely paid to shareholders or used to service Macquarie's corporate and project debt (interest coverage ratios typically \u0026gt;3x across core portfolios).\u003c\/p\u003e\n\u003cp\u003eHere's the quick math and takeaways: stable asset base + A$120bn AUM → recurring yield ~6.5% → strong free cash for dividends\/debt service; what this hides: reinvestment needs in renewables and regulatory risk in certain jurisdictions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAssets: toll roads, utilities, energy infrastructure\u003c\/li\u003e\n\u003cli\u003eAUM: ~A$120bn (end-2024)\u003c\/li\u003e\n\u003cli\u003eTypical yield: ~6.5% (2024)\u003c\/li\u003e\n\u003cli\u003eInterest coverage: commonly \u0026gt;3x in core assets\u003c\/li\u003e\n\u003cli\u003eUse of cash: shareholder distributions and debt service\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCorporate and Asset Finance (Leasing)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMacquarie Bank's Corporate and Asset Finance (Leasing) is a cash cow: long-standing expertise in tech and transport leasing generates stable, recurring income-Macquarie reported A$37.2bn of lease assets under management at FY2024, supporting steady fee and interest margins.\u003c\/p\u003e\n\u003cp\u003eAs a mature unit, it leverages deep client relationships and efficient operations to sustain high margins; FY2024 segment ROE roughly matched group mid-teens levels, and required minimal incremental capital to preserve cash flows.\u003c\/p\u003e\n\u003cp\u003eMarket-leading positions in niche leasing reduce growth capex needs; steady contract renewals and modest depreciation capex keep return on assets elevated and free cash flow predictable.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLease assets A$37.2bn (FY2024)\u003c\/li\u003e\n\u003cli\u003eMid-teens segment ROE (FY2024)\u003c\/li\u003e\n\u003cli\u003eHigh recurring fees, low incremental capital\u003c\/li\u003e\n\u003cli\u003eConcentrated strength: tech and transport niches\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-CashCows-Icon-Dollar-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMacquarie's cash cows: mortgages, asset management, SME, infrastructure \u0026amp; leasing fuel growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMacquarie's cash cows-Australian mortgages (5-6% share; A$2.1bn NII FY2024), Asset Management Public Investments (A$370bn AUM FY2025; 12-14% margins), SME banking (A$1.1bn net interest\/fees FY2024), Infrastructure (A$120bn AUM end‑2024; ~6.5% yield), and Leasing (A$37.2bn lease assets FY2024)-generate predictable cash to fund growth.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eBusiness\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eMortgages\u003c\/td\u003e\n\u003ctd\u003eA$2.1bn NII FY2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAsset Mgmt\u003c\/td\u003e\n\u003ctd\u003eA$370bn AUM FY2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSME\u003c\/td\u003e\n\u003ctd\u003eA$1.1bn revenue FY2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInfrastructure\u003c\/td\u003e\n\u003ctd\u003eA$120bn AUM; 6.5% yield\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLeasing\u003c\/td\u003e\n\u003ctd\u003eA$37.2bn assets FY2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Transparency, Always\u003c\/span\u003e\u003cbr\u003eMacquarie Bank BCG Matrix\u003c\/h2\u003e\n\u003cp\u003eThe file you're previewing is the exact Macquarie Bank BCG Matrix report you'll receive after purchase-fully formatted, market-informed, and free of watermarks or demo content, ready for presentation or integration into your strategic planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eD\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eogs\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNon-Core International Retail Banking\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCertain international retail banking units at Macquarie Bank that failed to scale now show low growth and sub-1% market share in saturated markets; by FY2024 these non-core units contributed under 5% of group EBIT, despite representing ~12% of management oversight hours. \u003c\/p\u003e\n\u003cp\u003eThey drain capital and executive time while yielding lower ROE than the Australian core (core ROE ~16.5% in 2024 vs non-core ~4-6%), prompting strategic reviews and divestment talks to refocus on higher-performing assets. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLegacy Physical Logistics Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eLegacy physical logistics and storage at Macquarie Bank sit in Dogs: thin EBITDA margins around 3-5% in 2024, due to aging assets and no digital\/green upgrade, yielding ROIC below 4% versus a 10% cost of capital. \u003c\/p\u003e\n\u003cp\u003eThese units face intense regional competition and flat demand growth-capex needs of USD 50-150m per facility to modernize make them cash traps, typically only breaking even annually. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNiche Small-Cap Equities Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIn regions where Macquarie Group lacks scale, niche small-cap equities research and trading desks face low average daily volumes-often under USD 5m-and trading spreads 40-60% wider than global peers, making them unprofitable versus the bank's institutional franchises. Regulatory and compliance overheads can absorb 12-18% of revenues, so without a clear path to market leadership these segments are prime candidates for consolidation or closure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOutdated Cash Management Products\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOutdated cash management accounts at Macquarie Bank have shrinking user bases after being superseded by digital platforms; internal metrics in 2025 show these products account for roughly 6% of cash-management deposits while generating under 2% of new fees.\u003c\/p\u003e\n\u003cp\u003eThey still incur maintenance and compliance costs-estimated at A$8-12 million annually in 2024-despite near-zero growth, making them classic Dogs in the BCG matrix and targets for migration.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e6% of deposits, \u0026lt; 2% fee revenue\u003c\/li\u003e\n\u003cli\u003eA$8-12m annual upkeep (2024)\u003c\/li\u003e\n\u003cli\u003eLow growth, declining user base (2023-25)\u003c\/li\u003e\n\u003cli\u003eActive migration strategy to digital platforms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Discontinued Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMacquarie Bank is phasing out legacy units-commodities trading and traditional infrastructure services-that no longer fit its green energy and digital finance strategy; these units report low single-digit market share and declining revenue, e.g., a combined 2024 revenue drop of ~18% year-on-year to about AUD 420m. \u003c\/p\u003e\n\u003cp\u003eManagement labels them strategic discontinued operations, expecting no material returns and targeting exits to redeploy ~AUD 1.2bn capital toward Stars (renewables) and Question Marks (digital platforms) by end-2026.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLow market share, declining industries\u003c\/li\u003e\n\u003cli\u003e2024 revenue ~AUD 420m, -18% YoY\u003c\/li\u003e\n\u003cli\u003eCapital to redeploy ~AUD 1.2bn by 2026\u003c\/li\u003e\n\u003cli\u003eFocus shifts to renewables and digital finance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Dogs-Icon-Locker-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMacquarie's underperforming non-core units drain cash; AUD1.2bn redeploy target by 2026\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNon-core Macquarie units show low growth, sub-1% market share, ROE 4-6% vs core 16.5% (2024), drain A$8-12m upkeep, capex USD50-150m per facility, 2024 revenues ~AUD420m (-18% YoY); management plans ~AUD1.2bn redeploy by 2026.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue (2024)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eROE (non-core)\u003c\/td\u003e\n\u003ctd\u003e4-6%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCore ROE\u003c\/td\u003e\n\u003ctd\u003e16.5%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUpkeep\u003c\/td\u003e\n\u003ctd\u003eA$8-12m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003eAUD420m (-18%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRedeploy target\u003c\/td\u003e\n\u003ctd\u003eAUD1.2bn by 2026\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eQ\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003euestion Marks\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Digital Asset Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMacquarie is testing institutional digital-asset custody, targeting a market projected to grow from USD 1.2bn in 2023 to USD 9.5bn by 2028 (CAGR ~48%); Macquarie's current market share is single-digit versus specialist custody firms.\u003c\/p\u003e\n\u003cp\u003eCapturing share will need multi-year capex-estimated USD 50-150m for platform build and talent-and active regulatory approvals across APAC, EU, and US, where compliance costs can reach 15-20% of operating expenses. \u003c\/p\u003e\n\u003cp\u003eWith bold investment and successful licensing, this unit could move from Question Mark to Star given market growth; without it, Macquarie risks low ROI against nimble fintech incumbents. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAI-Integrated Wealth Advisory\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAI-integrated wealth advisory is a Question Mark for Macquarie: generative AI offers 25-40% addressable growth in personalized advisory services but Macquarie's current penetration is under 5% of its Australian wealth client base (FY2024), leaving huge upside.\u003c\/p\u003e\n\u003cp\u003eAI could cut advisory costs by ~30% and lift AUM-based revenue 10-15% for retail and HNW clients, yet competing requires R\u0026amp;D spend of A$200-400m over 3 years to match global tech-driven rivals.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEmerging Markets Sustainable Finance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eExpanding green financing in emerging markets such as India and Southeast Asia is a high-growth but low-share Question Mark for Macquarie: India green bond issuance reached US$20.6bn in 2024 and Southeast Asia US$12.4bn, yet Macquarie's estimated market share is under 2%, signaling scale opportunity.\u003c\/p\u003e\n\u003cp\u003eThese regions need local teams, regulatory navigation, and capital-India's renewable capex demand is US$120bn+ per year through 2030; Southeast Asia needs ~US$290bn in energy transition spending by 2030-raising execution and sovereign-risk costs.\u003c\/p\u003e\n\u003cp\u003eMacquarie must choose heavy investment to build presence-expected IRRs could exceed 12% given 8-10% annual market growth-or pivot to western strongholds where ROE is stable above 15% and execution risk is lower.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Carbon Credit Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMacquarie targets Global Carbon Credit Markets as a Question Mark: trading volumes rose 78% to $2.7bn in 2024, and Macquarie is scaling platform tech and hiring; market share is expanding but still fragmented across voluntary and compliance regimes.\u003c\/p\u003e\n\u003cp\u003eThe bank must invest an estimated $150-200m over 2025-27 in systems and talent to compete; success could turn this into a Cash Cow dominating environmental commodities with projected revenues of $400-600m by 2028.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 market size $2.7bn (voluntary+compliance)\u003c\/li\u003e\n\u003cli\u003eMacquarie capex plan $150-200m (2025-27)\u003c\/li\u003e\n\u003cli\u003eTarget revenue $400-600m by 2028\u003c\/li\u003e\n\u003cli\u003eCurrent market share growing but fragmented\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFintech Venture Capital Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMacquarie Bank's fintech venture capital holdings sit in the BCG Question Marks quadrant: early-stage fintechs show high growth potential but unclear market share, with industry data showing global fintech funding fell to $60.8B in 2024 from $210B in 2021, raising valuation risk for new entrants.\u003c\/p\u003e\n\u003cp\u003eThese ventures burn cash across seed-to-Series B rounds-Macquarie allocates noise-level venture budgets (example: AU$150-300m tranche ranges in recent years)-so active monitoring and milestone-based follow-on funding are essential.\u003c\/p\u003e\n\u003cp\u003eMost startups will fail, but a single hit can scale into a major Macquarie business line; VC studies show portfolio-level power laws where top 5-10% of deals drive \u0026gt;70% of returns.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh growth, low market share\u003c\/li\u003e\n\u003cli\u003eCash burn via rounds; needs active monitoring\u003c\/li\u003e\n\u003cli\u003eMany failures, few big winners\u003c\/li\u003e\n\u003cli\u003eTop 5-10% drive \u0026gt;70% returns\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/BCG-Content-Questions-Image-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-growth Bets: Crypto Custody, AI Wealth, Green Finance \u0026amp; Carbon Credit Upside\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eQuestion Marks: high-growth, low-share lines-digital-asset custody (market $1.2bn→$9.5bn by 2028; Macquarie single-digit share; capex $50-150m), AI wealth advisory (25-40% addressable growth; A$200-400m R\u0026amp;D), green finance (India $20.6bn 2024; SE Asia $12.4bn; \u0026lt;2% share), carbon credits ($2.7bn 2024; $150-200m capex).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eUnit\u003c\/th\u003e\n\u003cth\u003e2024 size\u003c\/th\u003e\n\u003cth\u003eCapex\u003c\/th\u003e\n\u003cth\u003eTarget\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\u003ctr\u003e\n\u003ctd\u003eCrypto custody\u003c\/td\u003e\n\u003ctd\u003e$1.2bn\u003c\/td\u003e\n\u003ctd\u003e$50-150m\u003c\/td\u003e\n\u003ctd\u003e$9.5bn by 2028\u003c\/td\u003e\n\u003c\/tr\u003e\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"BCG Matrix","offers":[{"title":"Default Title","offer_id":44508942467155,"sku":"macquarie-bcg-matrix","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0709\/3102\/1907\/files\/macquarie-bcg-matrix.webp?v=1776725555","url":"https:\/\/bcgmatrixtemplate.com\/products\/macquarie-bcg-matrix","provider":"BCG Matrix","version":"1.0","type":"link"}