Two themes emerged most clearly from discussions at the KangaNews Debt Capital Market Summit 2025: the overall healthy state of Australia’s fixed-income market, and the increasingly turbulent world in which it operates. Taking place less than 24 hours before the latest big blow against global free trade taken by the US government, the Trump administration and its consequences were not far from every conversation.

KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2024. At the end of a banner year in the Australian and New Zealand capital markets, KangaNews received votes from hundreds of market participants keen to recognise the achievements of 2024's most outstanding performers.

The KangaNews New Zealand Debt Capital Market Summit 2024 – which took place in Auckland on 11 September – delivered a report card on local market functionality and ability to deliver capital where it is needed. Participants discussed a raft of challenges including financing infrastructure and transition, and providing investors with diversity and liquidity. An improving economy and growing scale hold promise for the years ahead.

Clearer policy direction, the development and implementation of a local taxonomy and mandatory climate reporting, and the impending inevitability of energy transition seem set to turbo charge the Australian sustainable finance market. Speakers at the KangaNews Sustainable Debt Summit in Sydney on 19 March discussed the economic and market impact of this inflection point.

Commonwealth Bank of Australia (CBA) made its debut in green tier-two format for its first euro deal in unsecured format since 2018. The issuer was rewarded with what it views as a clearly definable ‘greenium’, while also satisfying pent-up European investor demand outside covered bonds and continuing the bank’s build towards total loss-absorbing capacity.

The nature and likelihood of pre-failure external support for banks has been brought back into focus following an update to the methodology Moody’s Ratings uses to assess the Australian banking sector. Some banks do not believe the new analysis gives sufficient weight to the likelihood of external support before the point of failure – even for entities not deemed systemically important.

The KangaNews Debt Capital Market Summit 2024 took place in Sydney on 18 March amid an unprecedented bonanza of new issuance and at what could prove to be an inflection point for the local market. The agenda covered a raft of topics centred on the theme of taking advantage of recent growth to deliver a market that is match fit for the demands that will be placed on it, with discussions ranging from the impact of geopolitics and global economic currents to the need to stay ahead of accelerating technological advances.

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.

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.

KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2023. At the end of another busy year in the Australian and New Zealand capital markets, KangaNews received votes from hundreds of market participants keen to recognise the achievements of 2023's most outstanding performers.