RBA says business lending is in Australia is in a ‘favourable’ position, supports private credit returns

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Business credit growth in Australia has gained momentum and is well above its average since the global financial crisis, with the Reserve Bank of Australia (RBA) noting that funding conditions... Read more continue reading

HESTA welcomes the Federal Government’s introduction of paid parental leave legislation

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Statement by Debby Blakey, HESTA CEO: “We welcome yesterday’s introduction of the Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) Bill 2024 into Parliament. This milestone brings... Read more continue reading

Equity Trustees reports strong performance on all measures

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Strategic focus and transformative investments driving growth Funds under management, administration and supervision at $202.8 billion, up 26.7% on the prior year Revenue increased 23.1% to $174.0 million Underlying net... Read more continue reading

MA Financial Group forms strategic partnership with Flexicommercial in Australian first ‘co-lending’ deal

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Global alternative asset manager, MA Financial (ASX: MAF) has partnered with Humm Group’s (ASX: HUM) asset finance platform, Flexicommercial, to acquire up to $1 billion worth of its commercial asset... Read more continue reading

Keddie Waller appointed as Policy Manager at SMSF Association

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The SMSF Association has appointed Keddie Waller as Policy Manager, strengthening its advocacy and policy work at a time of significant government reforms impacting the SMSF sector. Keddie is highly... Read more continue reading

PPS Mutual streamlines insurance application process with reduced evidence requirements

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Specialist insurance company PPS Mutual has announced significant changes to its mandatory screening evidence thresholds for the Professionals Choice insurance benefits, designed to streamline the application process for eligible professionals... Read more continue reading

State Street announces agreement with Taurus to deliver full service digital platform for institutional investors

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State Street Corporation (NYSE: STT) and Taurus SA (“Taurus”), a global leader in digital asset infrastructure, has announced a strategic agreement that will deliver trusted and reliable digital assets capabilities... Read more continue reading

Equity Trustees appoints new CRO to begin in September

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Equity Trustees have announced the appointment of Nevein Versace as Chief Risk Officer (CRO); she replaces the highly regarded outgoing CRO Owen Brailsford who leaves the business after five years... Read more continue reading

Channel Capital launches European Private Credit Fund

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Channel Capital, a leading Australian multi-partner asset management firm, has launched a European private credit fund for Australian wholesale investors. The West Street European Private Credit Fund (AUD) is an... Read more continue reading

Bennelong and Leadenhall launch ILS fund in Australia

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Bennelong Funds Management and Leadenhall Capital Partners have now opened the LCP Insurance Linked Securities Fund for investment. After announcing the distribution agreement in October last year, the teams have been... Read more continue reading