Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 5250 results for "credit"

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
ASIC has released a consultation paper seeking feedback on updated regulatory guidelines for external administrators and controllers when reporting and lodging statutory reports about alleged misconduct. The proposed updates to Regulatory Guide 16 External ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
The International Monetary Find (IMF) has raised concerns over the growing private credit market, which topped US$2.1 trillion in assets and committed capital globally last year. The private credit market, which specialises in non-bank financial institutions ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... taxation or requiring them to commute funds held elsewhere, sometimes both. Treasury is looking to amend the transfer balance credit provisions to ensure the credit and debt arising due to a successor fund transfer are equal for members with a capped ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... We're looking forward to being able to assist them through that process." The CSLR's remit is limited to four areas: credit intermediaries, such as mortgage brokers, credit providers, such as lenders, financial advisers, and general securities ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... significant potential for value creation in fixed income. "In the fixed income arena, AI may be used to support 'bottom up' credit analysis of corporate bond issuers, similar to how it would be deployed to support and expand equity analysis," Mercer ...

HMC Capital acquires asset manager

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... consistent with its strategy to establish new growth platforms in digital infrastructure, energy transition and private credit. The company said StratCap had an existing base of fee-paying assets under management across around 3400 investors, a deep ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... provides personal advice to a retail client about a life risk insurance product, general insurance product or consumer credit insurance and receives a commission in connection with the issue or sale of that product must obtain the client's informed ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... experienced by domestic borrowers, and if this strains the balance sheets of financial institutions, it could limit access to credit in the Australian economy. Among the global risks, a further decline in the Chinese property sector could interact with ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... Hall said over many years, much of the return from bond markets has been made by steadily falling yields and tightening credit spreads. "However, this benign investment environment was upended in 2022 as the US Fed, Reserve Bank of Australia and other ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... against it by Phi Finney McDonald in 2021. The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered ...