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

Search Results

Showing 881 - 890 of 6017 results for "Credit"

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
... Last month, ANZ was hit with a $15 million penalty for misleading customers over the funds available to them in select credit card accounts.

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

Link shakes up board, names super industry veteran

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... retire from their board positions. Link's restructure in recent years include divesting Fund Solutions and the Banking & Credit Management businesses, as well as the demerger and in-specie distribution of PEXA. In light of these changes, Link chair Michael ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... Meanwhile, as interest rates increase, the availability of loans to households and funding for businesses shrinks via the credit channel. These higher rates pose heightened lending risks, particularly to borrowers with a lower net worth. For businesses ...

Future Fund refreshes investment team

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... chief Investment officer and will add the alternatives and listed equities teams to her direct reporting lines, alongside credit and private equity. Gregory will also create a new position of head of tangibles, reporting to her, which will include the ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
Pengana Capital Group has introduced its first diversified global private credit investment fund for Australian wholesale and sophisticated investors, with several offerings for retail investors to follow. The Pengana Diversified Private Credit Fund ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The private credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... This is due to their larger workforce, higher levels of debt and increased interlinkages with other businesses via trade credit. According to the RBA, insolvent firms tend to have unsecured debt, likely with non-bank lenders and other businesses, as ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... $530 million into a Qualitas strategy, bringing it closer to its total $1 billion commitment. Qualitas' Private Income Credit Fund (QPICF) now has $750 million in total. Qualitas said that the balance of $250 million is subject to further approvals and ...