KangaNews is pleased to reveal its Market People of the Year for 2024, which were announced at the KangaNews Gala Dinner in Sydney on 3 April. These are the individuals who voters in the KangaNews Awards 2024 said 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 2024 specifically or across the span of a career.

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.

One of the best-received panel sessions at the Australian Securitisation Forum’s 2024 conference reviewed the limits of growth in Australian dollar securitisation. The back end of a record year for supply volume is an appropriate juncture to discuss the upper limit of capacity – but views diverge on where this might be or what steps should be taken next.

Securitisation continues to hold the spotlight in the Australian primary debt market with a constant flow of new issuance ongoing into the final quarter of the year – even though the market set an all-time full-year volume record by late September. Demand remains in evidence despite the torrent of supply, most recently evidenced by two transactions achieving new demand records for their issuers even with tighter pricing.