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Paulina Duran

Stories by Paulina Duran

World

Australia gives first banking licence permit to internet startup to boost competition

The license allows volt, which has raised A$15.7 million in equity for research and platform testing, to raise A$2 million in deposits via its online

Deals

Australia’s sovereign fund says rising interest rates makes long-term outlook challenging

The Future Fund exceeded its return-on-investment goal for the year.

IPOs & Markets

Australian IPOs set to rebound this year, raise up to $7.8b

New floats in Sydney last year raised just $3.9 billion - the lowest since 2012, as debt-fuelled foreign buyers snapped up companies that could otherw

Deals

Blackstone taps Australia’s mortgage lending market with La Trobe stake

La Trobe will use the tie-up to attract retail investors for its A$2b Credit Fund & its A$4.6 billion mortgage loan portfolios.

Deals

Chinese firms among bidders for Australia’s I-MED, valued at over $765m

Shenzhen-listed Tonghua Golden-Horse Pharma and HK-listed Golden Meditech Holdings are likely to participate in a second round of bidding

Deals

Glencore-led Australian coal port eyes $3b debt rejig

If the refinancing fails to go ahead by next September, loan terms require Glencore and four remaining partners in Wiggins Island Coal Export Terminal

Deals

Australian milk producer Murray Goulburn attracts number of suitors

The approaches come as Murray Goulburn reported its first annual loss since its 2015 listing.

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