Australian sustainable finance bankers are relatively confident about further growth in bond market flow from their sector in 2022. The market continues to evolve, making product innovation and, in particular, ever-higher expectations on standards and reporting a notable focus.
New Zealand market participants are confident the Reserve Bank of New Zealand’s planned sell-down of some assets acquired in its QE programme should be manageable without major digestion issues. However, key details of the scheme – scheduled to start in the 2022/23 financial year – are yet to be finalised or disclosed.
The much-awaited first Australian rates decision of 2022 did little to resolve the biggest talking point in the local market over the preceding year: the disparity between the Reserve Bank of Australia’s relatively dovish outlook and market expectations. Analysts continue to expect inflation and wages growth will force the reserve bank’s hand at some stage this year.