Private credit is hot globally, and a growing number of Australian firms want a piece of the action. But they can expect greater scrutiny as ASIC begins digging into the ecosystem.
Markets
The head of the corporate regulator criticised several aspects of the ASX's response and described the incident overall as “extremely concerning”.
Optimism about the revival of the IPO market is building in the US, but the mood is much more dreary in Australia where few listings are planned for this year.
