August
China bond bulls warned of bubble risk over bumper debt supply
People close to the Chinese central bank say a wave of new issuance could burst the market “bubble”.
- Joe Leahy, Wenjie Ding and Cheng Leng
- Opinion
- Bonds
China’s bond market is sending a warning signal to the world
Soft yields are a vote of no confidence in Beijing’s policy, a forecast that economic conditions will not improve and a warning that deflation will take root.
- Robin Harding
June
APRA objects to small bank claims on ‘same’ regulation
The Customer Owned Banking Association says its members are ‘regulated in the same way’ as listed banks. APRA says that is false ahead of a new inquiry.
- James Eyers
May
- Analysis
- Banking products
Good banks today want to be seen as boring
Regional US financial institutions are promoting themselves as stodgy, stuffy and dull in response to industry failures.
- Bre Bradham
April
- Analysis
- Monetary policy
How government debt could blow up the global financial system
As Western governments shy away from debt reduction and structural reform, investors must reassess their view of “safe” assets.
- John Plender
March
- Opinion
- The AFR View
Australia’s banks must rise to the challenges of the next decade
The underlying financial strength of the big four got them through a turbulent decade just gone. More competitiveness is needed to get them through the next 10 years.
- The AFR View
February
How worried should you be about commercial real estate?
Strains are surfacing four years after the pandemic. Valuations take a long time to adjust to shifts in demand, mortgages can take years to mature.
- Charlie Wells and Claire Ballentine
January
Best short call of 2023 belongs to an amateur sleuth
James Block’s call on Signature Bank topped a list of short bets including Nate Anderson’s Hindenburg Research and Fraser Perring’s Viceroy Research.
- Sam Potter
December 2023
The 11 big trades of 2023: From market busts to career-making wins
A slew of trades around the world, from bank bonds to cryptocurrencies, either blew up or rocketed higher against expectations in 2023.
- Bloomberg News
The most memorable tech stories from 2023
Take a look back at the biggest tech stories of the year – as well as our reporters’ favourites.
November 2023
- Exclusive
- Funding
HSBC aims $200 million at Aussie start-ups
The local arm of global banking giant HSBC is hoping to exploit the release of Silicon Valley Bank’s stranglehold on the start-up sector.
- Tess Bennett
AI a ‘great challenge’, Australian regulators warn
Artificial intelligence increases the potential for consumer harms, collusion and data misuse but would also help enforce laws, Australia’s top watchdogs warn.
- Hannah Wootton
APRA to boost small bank liquidity rules
Mutual banks and credit unions will have to value liquid assets regularly to reduce the risks of a bank run causing contagion to the broader financial system.
- James Eyers
Why interest rates could stay high for a decade or more
If markets are right, a new era is beginning and the consequences will be far-reaching for households, companies and governments around the world.
- The Economist
October 2023
‘Shocks’ to amplify interest rate volatility: RBA
War, global trade disruptions, cyberattacks and climate change could make interest rates more volatile, the central bank’s assistant governor, Brad Jones, says.
- John Kehoe
‘What the eff?’: Jack Zhang on Airwallex’s near-death experience
A close call with Silicon Valley Bank could have wiped out half a billion of capital. The swiftness of Airwallex’s response demonstrates why it’s a company to watch.
- Michael Bailey
September 2023
- Opinion
- Bonds
Cracks in the US banking system deepen as bond yields climb
As soaring interest rates create growing stress in the US banking sector, the country’s biggest banks are pushing back against proposed new rules requiring them to hold fatter capital buffers.
- Karen Maley
- Analysis
- Cryptocurrencies
How digital cash got caught up in the culture wars
Plans for central bank digital currencies are gaining momentum around the world — and so are conspiracy theories.
- Siddharth Venkataramakrishnan
August 2023
Why Yellow Corp’s collapse makes a good MBA case study
The threat of strike action was the last straw for a company that was slow to consolidate a series of acquisitions as the debts mounted.
- Matthew Cranston
Non-bank borrowers at the pointy end of mortgage stress
“You are seeing more stress than what you are certainly at the major banks,” APRA chairman John Lonsdale said.
- Lucas Baird
