Invest
Boom time: Offshore investors are eyeing Australian industries
Last year felt like a rollercoaster for the financial industries in Australia, but new research is showing a massive uptick in deals and investment.
Boom time: Offshore investors are eyeing Australian industries
Last year felt like a rollercoaster for the financial industries in Australia, but new research is showing a massive uptick in deals and investment.
The latest Indicators Report by Ansarada found a 43 per cent increase in new deals in the finance industry over the last quarter, driven by offshore investors.
Interest from the US increased by 3,500 per cent to have them as the largest investor in the finance industry with 38 per cent, but another spike was found in Singapore where interest increased by 267 per cent to 4 per cent of the industries’ total.
The Indicators Report is created from the data sets collected through the Ansarada platform and concluded that the increase in deals was an indicator that investors were comfortable with the changes put in motion by commissioner Kenneth Hayne in his final report.
Ansarada chief executive and co-founder Sam Riley said the long-term outcomes for the industry due to the commission were positive and would ensure the health of the system.
“Whilst the finance industry may be approaching the royal commission recommendations with a feeling of pain for the reform required, we see the outcomes as a huge gain for customers and the long-term health of our banking system,” he said.
Mr Riley said that now was a good time for the industry to look outwards at new and emerging players that could provide solutions to legacy issues.
“The industry needs to adopt and embrace smart and nimble technology that will actively respond to the recommendations by surfacing market and business risks early, enabling challenges to be addressed before they mature, and provide greater transparency for boards to make informed decisions in the best interests of the organisation and it’s shareholders,” he said.
Mr Riley said that the Indicators Report offered visibility into the deal landscape to paint an accurate depiction of the trends emerging, which allowed for better decision-making.
“The latest edition highlights that even in the face of intense scrutiny and calls for greater regulation, our financial sector continues to thrive. Over the coming months, we expect this confidence to continue as the industry begins to embrace reform,” he said.
One of the biggest winners in the financial industry was the fintech sector, which had recorded US$600 million across deals in 2018.
Fintech had now overtaken the tech sector in attracting investors, likely driven by companies that were solving regulatory and supervisory problems in the market.
KPMG Australia’s head of banking and global co-lead for fintech, Ian Pollari, predicted that interest in the fintech industry would only rise in 2019.
“In particular, this will be in areas such as conduct risk, regulatory compliance, income and expense verification,” said Mr Pollari.
Stock market
Could this bull market be losing steam?
There’s an old investment adage that bull markets never die of old age, with the current market showing signs of cracking just months after the recovery, an industry expert warns. ...Read more
Stock market
Super fund investors bid to acquire Sydney Airport
A group of super fund investors has lodged a non-binding takeover bid for Sydney Airport, valuing the company at over $22 billion. ...Read more
Stock market
10 most globally held stocks revealed
Australian investors remain bullish on electric vehicles and technology stocks, according to their long-term held positions, new research has shown. ...Read more
Stock market
How ‘gamer investors’ are pushing a new wave of social responsibility
A new generation of younger retail investors are pushing a new social movement, yielding a distributive impact on the markets, most notably through the GameStop saga, two researchers have revealed. ...Read more
Stock market
ASX tipped for record high despite inflation fears
The market is tipped to shake off fears of rising inflation, with the ASX 200 now tipped to close the year at a new record high, an economist has revealed. ...Read more
Stock market
‘Commission-free propaganda’: Warning issued for retail investors
The phrase “if you’re not paying for it, you’re the product” applies just as much to stock trading apps as it does to social media networks. ...Read more
Stock market
Is the tech sell-off creating opportunities for investors?
A tech sell-off sparked by inflation concerns has seen world markets crash. But is it creating an opportunity for investors to ‘buy the dip’? ...Read more
Stock market
Government opens arms to Wall Street
In its bid to maintain Australia’s global competitiveness, albeit its firmly shut borders, the Australian government has included a measure in its recent budget to allow foreign financial services p...Read more
The Olympic effect on property and equity investors; COVID-19 Disaster Payments and super
Listen now
Do lockdowns boost property prices? Are short-sellers levelling the playing field? Did you lodge your tax returns early?
Listen now
Will lockdowns halt the housing boom? Is the metaverse taking over? And the cons of lodging your tax returns early
Listen now
Are you being priced out of the market? Have you got the Tuesday blues? And are you ready for the upcoming super changes?
Listen now
Stock market
Could this bull market be losing steam?
There’s an old investment adage that bull markets never die of old age, with the current market showing signs of cracking just months after the recovery, an industry expert warns. ...Read more
Stock market
Super fund investors bid to acquire Sydney Airport
A group of super fund investors has lodged a non-binding takeover bid for Sydney Airport, valuing the company at over $22 billion. ...Read more
Stock market
10 most globally held stocks revealed
Australian investors remain bullish on electric vehicles and technology stocks, according to their long-term held positions, new research has shown. ...Read more
Stock market
How ‘gamer investors’ are pushing a new wave of social responsibility
A new generation of younger retail investors are pushing a new social movement, yielding a distributive impact on the markets, most notably through the GameStop saga, two researchers have revealed. ...Read more
Stock market
ASX tipped for record high despite inflation fears
The market is tipped to shake off fears of rising inflation, with the ASX 200 now tipped to close the year at a new record high, an economist has revealed. ...Read more
Stock market
‘Commission-free propaganda’: Warning issued for retail investors
The phrase “if you’re not paying for it, you’re the product” applies just as much to stock trading apps as it does to social media networks. ...Read more
Stock market
Is the tech sell-off creating opportunities for investors?
A tech sell-off sparked by inflation concerns has seen world markets crash. But is it creating an opportunity for investors to ‘buy the dip’? ...Read more
Stock market
Government opens arms to Wall Street
In its bid to maintain Australia’s global competitiveness, albeit its firmly shut borders, the Australian government has included a measure in its recent budget to allow foreign financial services p...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
