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The US Federal Reserve has increased the cash rate for the first time since 2018 and has signalled further aggressive rate hikes as it battles inflation. While the move may not directly affect Reserve Bank of Australia (RBA) strategy, the Australian central bank will need to manage several indirect effects.

The US Federal Reserve has increased the cash rate for the first time since 2018 and has signalled further aggressive rate hikes as it battles inflation. While the move may not directly affect Reserve Bank of Australia (RBA) strategy, the Australian central bank will need to manage several indirect effects.

As Australian dollar new issuance at the start of 2024 first impressed then amazed even grizzled market veterans, the question on everyone’s lips is whether this apparent step-change in market capacity represents system growth or just a fortunate combination of technical tailwinds. If it is the former, the local market may be taking its first steps as a profoundly different entity.

Confusion about terminology is not new in the sustainable finance market. As financing hard-to-abate transition becomes the focus, market participants are grappling with the issue of defining “transition”. The Transition Finance in the Debt Capital Market report from the International Capital Market Association (ICMA) tackles this by offering definitions of three types of transition.

According to the International Capital Market Association (ICMA), an integrated transition plan could be a means by which to revive the flagging sustainability-linked bond (SLB) market.

The economic outlook is weak and the world is suffering an apparently unceasing pipeline of risk events. Meanwhile, the looming US election carries the threat of geopolitical and environmental catastrophe. Nonetheless, the Australian fixed-income market ecosystem is in rude health. Market participants looking to 2024 and beyond should be thinking about how to capitalise on recent success to solidify and multiply local capacity.

On 24 November 2023, the Enchanted Ball returned to the Palladium at Crown in Melbourne. Celebrating 21 years, the exclusive event raises funds for the Financial Markets Foundation for Children, which offers grants for life-changing research into children’s health. KangaNews is proud to be a diamond sponsor of the ball.

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Greenwashing has become a focus of regulatory and media attention in Australia in recent times, with the investment community well and truly in the crosshairs. Fixed-income investors report an elevated – but manageable – degree of concern.

Greenwashing has become a focus of regulatory and media attention in Australia in recent times, with the investment community well and truly in the crosshairs. Fixed-income investors report an elevated – but manageable – degree of concern.

Greenwashing has become a focus of regulatory and media attention in Australia in recent times, with the investment community well and truly in the crosshairs. Fixed-income investors report an elevated – but manageable – degree of concern.