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Showing 1 - 10 of 136 results for "Property developer"

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
... valuers, auditors and ratings agencies - to consistently meet their responsibilities. The recent collapse of property developer Bathla put a spotlight on the private credit sector, as investors pulled their money back from private credit exposures. Constant ...

Investors price more risk into listed private credit trusts: Morningstar

RIDDHIMA TALWANI  |  MONDAY, 14 SEP 2026
... (LITs), with some trusts trading at a discount of 25% of their net asset value (NAV), according to Morningstar. Property developer Bathla Group went into voluntary administration in late August, raising fears that investors will pull back from private ...

Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ...

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
Property developer David McWilliams has been charged over an alleged $10.1 million fraud scheme involving investor funds raised for specialist disability accommodation projects, following an investigation by ASIC. McWilliams appeared before the Southport ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

Perpetual raises $268m to expand credit investments

RIDDHIMA TALWANI  |  MONDAY, 1 DEC 2025
... significantly, PCI's focus remains on large Australian corporates and securitisation opportunities rather than SMEs or property developer lending. "PCI operates an unconstrained mandate, meaning we pick what we consider to be the best deals across the ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...

Australian private capital sector totals $139bn: Report

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
Total Australia-focused assets under management (AUM) remained steady at $139 billion in 2024, with private equity, venture capital (VC), and private credit funds accounting for nearly half at $65 billion, according to the Australian Private Capital ...

Property developer, investment firm goes 'all in' on Australia

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
Property development, construction, and investment firm Oreana has launched its investments business to the Australian market, including a new fund. Oreana's funds management business was established in Asia in 2017, but the firm said it's now ...

HMC Capital unit beefs up Melbourne office

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Payton Capital, the private debt fund manager, has continued its hiring spree by beefing up its Melbourne ranks by appointing three senior relationship managers and a senior business improvement analyst. The move to bolster the Victorian team follows ...
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