Private debt continues to offer attractive returns – Money Management

The Australian private debt continues to offer attractive risk-adjusted returns and remains an asset class offering one of the most attractive risk-adjusted return profiles, according to Evergreen Ratings. Evergreens chief executive, Angela Ashton, said with Australia Prudential Regulation Authority (APRA)-regulated authorised deposit-taking institutions (ADIs) facing more onerous macro-prudential guidelines, the domestic market saw more borrowers…

Details

Senate Dems secure $1.9T stimulus bill, minority farmer debt relief survives GOP challenge – Agri-Pulse

Democrats won Senate approval Saturday of President Joe Bidens $1.9 trillion economic stimulus package after modifying some provisions to assuage party moderates but preserving historic debt relief for minority farmers that Republicans tried to strip from the bill. Because of a number of changes made by the Senate, which passed the bill 50-49 after an…

Details

Ford CEO’s One-Word Tweet in Response to Elon Musk Is the Best Example of Emotional Intelligence I’ve Ever Seen – Inc.com

Responding to Elon Musk on Twitter can be very risky. Theway you respond to either criticism or praise–in general–says a lot about you. The way you respond when it comes from a billionaire known for his sometimes controversial but always lively Twitter feed can be dangerous. If only every leader could take the approach that…

Details

Greensill chairman, board members jump ship – Sydney Morning Herald

Lex Greensills embattled Greensill Capital funding empire is down to just three board members in Australia after a raft of resignations, including two international directors and the chairman. Greensills chairman Maurice Thompson has resigned from the board along with former Morgan Stanley executive David Brierwood and US-based director Patrick Allin. Company records show they resigned…

Details

Regional Express begins Sydney-Melbourne flights amid ‘perfect’ pandemic opportunity – ABC News

A new airline is trying to muscle in on Australia’s ultra-competitive Sydney-to-Melbourne route, but its prospects of cracking the market open depends on who you talk to. Key points: Regional Express already flies to about 59 regional destinations However, it is expanding to include major metro markets Some argue Australia is unable to sustain a…

Details

Sunshine Coast gambling addict mum Andrea Johnston spent $480,000 over four years at Caloundra RSL – Daily Mail

EXCLUSIVE: ‘Shame and guilt forever’: Read the harrowing letter from a gambling addict mum who blew her daughter’s $93,000 inheritance from her dead dad during a 360-hour pokie binge Single mother-of-two fed $480,000 into pokie machines in just four years $93,000 of that money was stolen from her daughter’s trust fund from her dad The…

Details

NF Global must find $17m to avoid liquidation by international depositors – Stuff.co.nz

RYAN ANDERSON/Stuff The Auckland High Court Russians, Italians, and the former owner of the Leeds United Football club want their $17m back from a small Auckland company. NF Global, directed by Auckland resident Claude Oberto, has been given until April by the High Court in Auckland to repay entities connected to the international businessmen. Associate…

Details