King & Wood Mallesons
While women make up more than 50 per cent of law students and graduate lawyers, they are underrepresented at partner level and in other senior legal roles. For many years, King & Wood Mallesons (KWM) has been committed to changing this.
KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2022. At the end of another hectic year in the Australian and New Zealand capital markets, KangaNews received votes from hundreds of market participants keen to recognise the achievements of 2022's most outstanding performers.
The Westpac-KangaNews Corporate Debt Summit returned to Sydney as an in-person event on 20 October, at a fascinating juncture for the sector. After an unprecedented change of direction for monetary policy, painful market conditions for credit investors and a new-issuance slump, it would be easy to imagine an atmosphere of gloom. However, while acknowledging significant challenges in the near term, many speakers at the event suggested a difficult 2022 could be preparing the ground for a more healthy local credit market in the years to come.
Transition to a more sustainable economy is increasingly driving investment and business decisions. While climate has been a key focus, market participants are now moving to add natural capital to their calculations and pressing ahead with more socially focused projects, according to speakers at the KangaNews Sustainable Debt Summit, which took place in Sydney in late May.
The KangaNews Debt Capital Market Summit returned to Sydney as an in-person conference in May. Discussions covered a range of topics including rising inflation, central bank policy and trading in a highly volatile market. The increasing interest in environmental, social and governance issues was another talking point.
Mutual banks are confronting the same challenges as the rest of Australia’s lenders: higher rates leading to borrower stress, accompanied by funding volatility. Speakers at the KangaNews Mutual Sector Wholesale Funding Seminar, which took place in Sydney in June, highlighted the sector’s advantages but acknowledged its headwinds.