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In its "Australian Oil & Gas 2010 Outlook: Too Much of a Good Thing?" report, Fitch said it would maintain its stable outlook for the oil and gas sector for 2010. read more

Following its first-half results reporting on Thursday, Moody's advised Telstra's result was generally in line with its expectations. Pertinently, it reminded that the 'A2/P-1' long- and short-term cr.. read more

Fitch also released reports on Australian and New Zealand utilities: "Australian Power & Utilities 2010 Credit Outlook: Carbon, Capex and Capital"; and "New Zealand Power & Utilities Credit Ou.. read more

All the issuance activity by Australian issuers is taking place offshore and not in the domestic market. This is, of course, consistent with the Australian Financial Centre Forum describing the domest.. read more

Across the Tasman Sea, the World Bank was also an active vendor of debt, adding NZ$225 million to its December 2014 line, to take outstandings to NZ$900 million. read more

Unlike in Australia, investors in New Zealand are enjoying some true corporate issuance at the present time, even if it is all coming from the power companies. There has been much talk in our market a.. read more

We noted last week, following the release of Standard & Poor's RMBS arrears data for November 2009, the low point in arrears or delinquencies may have been reached, largely due to the upward movem.. read more

Commonwealth Bank was, however, also active in the domestic market last week. Reuters reported that the bank raised A$250 million for ten years and the bond will pay a coupon of 7.25 per cent. No othe.. read more

The sales momentum in Westpac's home loan business in Australia is evident in the monthly banking statistics published by APRA on Friday and covering the month of December 2009. read more

Last week was a relatively quiet one for corporate bond issuance. With the Australia Day holiday on Tuesday and many taking the opportunity to have a four-day weekend, activity was clearly restricted. read more