Macquarie Group

Macquarie Group is a Sydney-based multinational investment bank and financial services company. The company's logo is a stylised depiction of a 'holey dollar', Australia's first official currency. In 1813, Lachlan Macquarie established a solution to the currency shortage occuring in New South Wales at the time. He imported 40,000 Spanish silver dollars, courtesy of the ruling British government and had holes punched in the center of each coin. The newly created 'dollar' and dump (the punched-out center piece) increased the value of the original coins by 25% and became Australia's first official currency.


 * Macquarie - The holey dollar: a symbol of innovation