Financial services
The private credit giant is embarking on an ambitious push into consumer lending in a bid to increase its scale and diversify its offering for investors.
The two investment giants have said that while valuation disclosure is needed, ASIC needs to define the purpose of why the valuation is needed.
Once a burgeoning bourse home to companies like Sigma, SPC Ardmona and Brumby's Bakeries, not much is going on at the Sydney Stock Exchange any more.
It's often said that 'the stock market is not the economy'. But what about private markets? Regulators are trying to figure them out.
Commonwealth Bank keeps on defying its many sceptics, becoming Australia's first $300 billion company today after its share price hit a new record. What could go wrong?