May
Jim Chalmers must get back to the drawing board on super tax measures
Tinkering in the wrong way with the superannuation system to bolster the tax intake is dangerous. AMP’s Alexis George urges a government rethink.
Margaret’s Pav and Heidi have a problem – a Sydney asset manager
Seafood quotas are becoming a serious business. And that’s putting investors and family-owned fishing fleets on a collision course.
April
Wealth giant FNZ faces class action by employee shareholders
The wealth technology group, which counts NAB and Colonial as clients, will defend itself in one of the biggest-ever cases straddling NZ and Australia.
Grant Hackett is now a CEO. But his diet is still heavy on protein
The long-distance champion rarely swims these days but uses his successes and failures in the pool to become a better leader and person.
March
Federation plots a path from asset manager to batteries developer
The investment firm is launching a multi-billion dollar platform that will specialise building and operating large, long-duration storage.
January
Private credit giant Metrics takes on housing project after loan sours
The non-bank lender has taken control of an APH site in eastern Melbourne for about $14 million under revised plans to turn it into a residential development.
The financier, the developer and the stoush that threatens 1000 units
Bensons Property Group put itself into administration the day a fund managed by Macquarie Private Bank’s former head tipped it into receivership.
Realm IPO: $100m raised in cornerstone book
The trust will be among the first of a string of private credit-focused investment funds expected to be listed this year.
Private credit star Metrics is bringing cheap(er) wine to Rockpool
The founder of Metrics, one of the biggest non-bank lenders, has his hands full overhauling Rockpool – and defending the booming sector from its critics.
October 2024
Why investors still have ‘great opportunity’ on the net zero path
Despite higher interest rates, foreign currency fluctuations and commodity price volatility, investors still see Australia as set for “a rapid amount of growth”.
Emissions tracking tool a winner for super funds and Pathzero
Aware Super and Hesta use Pathzero software. So do 600 fund managers. It’s already the world’s largest data sharing network for private market carbon emissions.
FinClear nabs licence that could threaten ASX’s monopoly
Regulators have cleared the way for the Magellan Financial-backed company to allow shares in private companies to be traded with blockchain technology.
September 2024
An Australian billionaire paid $45,000 for these sneakers
Sneakers, handbags, watches, number plates, sports cars. If you like nice things, and to signal your success to the world, there are clever ways to invest to ensure your assets keep gaining value.
Is private credit becoming the next subprime crisis?
Investors need to consider whether they are getting sufficient additional returns for the risks that debts issued by unregulated non-bank lenders present.
Earning big money but still broke? It could be lifestyle creep
Routinely splurging on luxuries can leave even very high earners drowning in debt. Three ways to set yourself free.
August 2024
The hunt for truly diverse investments – from alligators to concrete
With regular asset classes increasingly correlated, wealthy investors are looking to some esoteric choices.
Billions in private capital increasingly exposed to soured loans: Pimco guru
Christian Stracke, the firm’s global head of credit research, said investors are leaning towards new forms of private capital, particularly asset-backed deals.
Why the rich are decarbonising their portfolios
Wind and solar may have disappointed, but wealth managers see opportunity in areas such as waste management and disability housing.
July 2024
End of the road comes in two-decade saga over sandalwood group Quintis
The company once known as TFS Corporation will be split up and liquidated after KordaMentha failed to find a buyer for the entire business.
This super fund is cashing in on climate risk
Insurers love telling us how hard and expensive it is to get reinsurance, so it is good to see an Australian super fund - MLC super - making money from it.