Clean Energy Finance Corporation
The next frontier: green home loans in Australia
Sustainable-finance development in Australia has tended to focus on the institutional sector. But a vast quantity of assets on bank balance sheets are residential mortgages, which to date have been almost untouched by environmental considerations. Clean Energy Finance Corporation and KangaNews gathered a group of market participants at the cutting edge of green home-loan development to discuss the product’s potential and its funding implications.
Fuelling the transition
In November 2024, MUFG hosted its second MUFG N0W conference in Sydney, focusing on the eponymous Alternative Opportunities in the Energy Transition. The 2024 event agenda covered the complexities of transition – including the role that could be played by alternative fuels in Australia and New Zealand, as well as the state of play in transition finance.
No stopping energy transition now – despite Trump
For the most part, speakers at Investor Group on Climate Change’s annual summit remain hopeful that there has been enough progress that momentum in energy transition can be maintained even if the US takes a step back. Locally, there are hopes that Australia’s transition could actually benefit from the consequences of the incoming Trump administration.
Green RMBS on hold but pieces coming together
Decarbonisation of Australia’s housing sector has been slow to gather momentum and funding the process has made little impression on capital markets. But evolving standards, data availability and definitions may give mortgage lenders the tools they need to build a bigger green securitisation market.
KangaNews Awards 2023: Market People of the Year
KangaNews has announced its Market People of the Year 2023, at the KangaNews Awards Gala Dinner in Sydney on 19 March. These are the individuals who voters in the KangaNews Awards 2023 believe went above and beyond to contribute to the development of the Australian and New Zealand debt markets. There are no restrictions on the firms, role or seniority of winners – voters were simply asked to consider who contributed most to the market in either or both 2023 specifically or across the span of a career.
Resilience to the fore in corporate Australia – in funding as in business
The KangaNews-Westpac Institutional Bank Corporate Debt Summit 2023 took place in Sydney in mid-October. A record number of delegates gathered to discuss the present and future of the Australian corporate environment, from the economic outlook and business conditions to the forthcoming impact of generative AI. In the mix was a steady but unspectacular corporate bond issuance environment that belies fundamental growth in domestic credit.
