Today
UniSuper withdraws Tanarra Credit Partners’ mandate; dealmaker resigns
The industry fund has yanked a multimillion-dollar private debt mandate as it seeks to consolidate its private credit strategy towards the bigger end of town.
- 1 hr ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
Westpac’s Peter King keeps his promise on Tiwi Islands consultation
The outgoing CEO had said at last year’s AGM that he would to visit Indigenous leaders on country to listen to concerns about Santos’ Barossa gas project.
- 1 hr ago
- James Eyers
E&P hires from Cooper Investors as healthcare analyst heads to Regal
The three hires were announced internally to E&P staff on Thursday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MA Money launches $500m RMBS deal
The deal comes a year after MA Money made its first securitisation, then the largest inaugural non-bank RMBS by a lender in Australia’s history.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Sponsored
- CBA
Collaboration is our best defence against scammers
A recent drop in scam losses shows that ecosystem-wide anti-scam initiatives are having an impact.
Sponsored
by CBA
AirTrunk pumps Macquarie, Goldman Sachs up the M&A league table
It only takes one large headline-grabbing deal to push an investment bank to the top of the league tables and this year it’s all about AirTrunk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
- Exclusive
- Managed funds
Ed Peter’s Duxton empire in pain as it cuts jobs, sells properties
The former bank executive has built a considerable asset management business with wealthy backers. But tough times have forced it to restructure – and shrink.
- Primrose Riordan and Simon Evans
NAB calls for lower home loan buffer to help first-time buyers
In a submission to the Senate inquiry, NAB says dropping HECS-HELP debt from serviceability calculations for first home buyers would boost borrowing capacity.
- James Eyers
Banks blocked from factoring in rising income when assessing loans
A bank boss says it is “absurd” that regulations prevent expectations that a young, professional borrower’s income will rise after they apply for a home loan.
- Updated
- James Eyers
- Updated
- Executive shake-up
CBA shuffles executive team as it looks for next generation of leaders
Andrew Hinchliff will become chief risk officer and Sinead Taylor will run the institutional bank, amid other leadership changes unveiled on Wednesday.
- Updated
- James Eyers
- Updated
- Courts
ANZ loses appeal over botched $2.5b capital raising
The bank was attempting to have a ruling thrown out that it kept the market in the dark during a big institutional shortfall almost a decade ago.
- Updated
- Lucas Baird
Barrenjoey nabs CLSA operative to head up global sales
Street Talk understands CLSA institutional equity salesperson Amy Mallace has jumped across to the “vertical village”.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New York, New York: Regal head of trading strikes out on his own
Rushmont’s senior advisory board includes former Morgan Stanley Australia chief executive Steve Harker.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Barrenjoey expunges Philip Lowe’s original sin
The start-up bank’s taking the former RBA governor back to where the relationship began.
- Mark Di Stefano
This Month
Morgan Stanley’s research franks itself
The global banking giant’s equity strategists want to start a “conversation” about excess franking credits. If it can decide who has them.
- Mark Di Stefano
- Analysis
- Home loans
Buffer or blocker? Why APRA’s serviceability rule is so controversial
CBA boss Matt Comyn has defended APRA’s prudential settings from political attacks, saying housing policy must focus on supply.
- James Eyers
Growthpoint in $132m selldown at Dexus Industria REIT
Growthpoint is bidding farewell to the REIT after seven years on the register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NAB restructures markets, corporate finance division, more jobs to go
Redundancies are back on the agenda at National Australia Bank, a year after key personnel were cut loose.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Credit score agencies combine, creating Australia’s newest duopoly
Experian has completed its $820 million acquisition of Illion, which Experian’s CEO says will help banks assess credit risk more dynamically.
- James Eyers
News Corp chief says higher Rightmove bid would have been ‘foolhardy’
The Murdoch family-controlled giant owns 61 per cent of REA, which had lobbed a $12 billion takeover bid for its British rival. But the offer was rebuffed.
- Hans van Leeuwen