Fitch Ratings
Australian corporate credit on the rebound
Investment-grade corporate Australia has weathered the COVID-19 crisis better than could have been expected as the pandemic accelerated in March and April 2020, according to participants at a Fitch Ratings-KangaNews roundtable at the end of the year. A supportive local debt market was just one of the factors behind this resilience.
The view from a new height
The Australian securitisation industry and its international participants gathered – in record number – at the Australian Securitisation Forum’s annual conference in Sydney in early December 2024. Discussion topics took in the record year for new issuance, future capacity and alternative funding options, credit risk profiles and the economic outlook, and market function and liquidity.
Under the hood in the engine of the Australian economy
The resources sector is a major driver of the Australian economy, at the frontline of climate transition – and underrepresented in the local capital market. In November, Fitch Ratings and KangaNews hosted a roundtable for issuers and investors to discuss the sector’s outlook and capex plans, as well as how transition is affecting both.
No easy answers to Australia’s housing supply crisis
Housing availability and affordability is one of the most problematic areas of the Australian economy, bringing tremendous social costs and wider ramifications. A panel of experts discussed the issue at the KangaNews Corporate Debt Summit 2024, with the conclusion that the issue can probably only be fixed over a protracted period and with attention directed to the right areas rather than being distracted by political and media commentary.
Australasian energy transition from generator to user
Energy transition will affect every nation, business and individual, and the scale of the task – and the resulting upheaval – is only now starting to become a stark reality. Fitch Ratings and KangaNews gathered Australian and New Zealand capital market participants representing the full power supply chain and the buy side to discuss with Fitch’s analysts what is coming down the pike.
Securitisation builds an audience for its diversity story
The Australian Securitisation Forum’s 2023 annual conference attracted a record number of delegates – well over a thousand attended – and offered its most wide-ranging agenda ever. The securitisation industry has navigated higher rates and increasing global uncertainty well to date, with record volume printing in 2023 and a notable uptick in collateral diversity. The road ahead may be tricky but the market is facing it with confidence.
