News
In May, BNZ and KangaNews carried out an unprecedented survey of New Zealand’s institutional fixed-income investors as the first step in a bank project to identify and progress challenges and opportunities facing the local market. Having digested the results of the survey, BNZ also hosted a panel of investors to discuss its results in more detail.
Kāinga Ora – Homes and Communities has been building the curve for Housing New Zealand Limited bonds since its market return three years ago. The agency’s Wellington-based treasurer, Jason Bligh, assesses progress after a successful if turbulent 2020 and ahead of a forthcoming online investor day to be hosted on the KangaNews events hub.
Victoria has been at the tip of the spear in Australia’s state-by-state fight against COVID-19, coping with a protracted lockdown through mid-2020 and a new outbreak of the pandemic in June 2021. As the state emerged from its latest lockdown – just as other states were confronting emergency countermeasures of their own – Victoria’s treasurer, Tim Pallas, talks to KangaNews about government support and investment for the recovery.
At the start of June, KangaNews and Westpac brought together New Zealand’s biggest government-sector issuers in Wellington to discuss the path of their market from the depths of the crisis back to functionality, the new challenges of 2021 and the outlook for a raft of factors – including sustainable-finance evolution, inflation-linked issuance and the long-dated market.
The ANZ-KangaNews New Zealand Capital Markets Forum returned to Wellington as an in-person conference in June. Discussion at the event covered a raft of issues relevant to the local debt market. These include the post-pandemic recovery, inflation prospects, New Zealand’s housing crisis and developing the local sustainable-debt market.
Australia’s mutual banks are innovating in response to sector-wide issues. Participants at the KangaNews Mutual Sector Wholesale Funding Seminar 2021 – which took place in Sydney in May – discussed an evolving business and funding environment, and how mutual banks can deliver in their areas of competitive advantage.