Debt market update – August 2026
Australia’s debt markets entered H2CY26 at record pace as landmark transactions and strong lender appetite across loans and private credit are expanding funding options and execution flexibility.

Australia’s debt markets entered H2CY26 at record pace as landmark transactions and strong lender appetite across loans and private credit are expanding funding options and execution flexibility.
Australia’s inflation ‘problem’ is more complicated than just one of those external pressures, writes KPMG Australia Chief Economist Brendan Rynne.
The Federal Court’s recent Coburn decision confirms that true employer disputes remain highly fact-specific. Mosaic shows when a court may look beyond contractual form; Coburn shows when a conventional group employment structure will be respected.
Warsh offered discipline instead of direction – US inflation is still too high and the labour market solid; the Fed’s credibility will be measured by results, writes KPMG US Chief Economist Diane Swonk.
KPMG’s latest Debt Market Update provides a snapshot of credit market activity debt trends and insights, and their implications for Australian companies.
KPMG Turnaround & Restructuring Partner Ryan Eagle explains how rapid expansion in private credit is opening opportunities across industries while placing greater emphasis on risk management, regulatory scrutiny and best‑in‑class processes.
KPMG Turnaround & Restructuring Director Maria Psomas explains what personal insolvency and bankruptcy really mean, highlighting the increasing impact on small business owners and directors exposed through personal guarantees.
The impact of Payday Super will be most pronounced in labour-intensive sectors with thin margins, increasing the likelihood that underlying pressures surface earlier and more abruptly.
ASPAC’s mix of mature stable markets and fast-growing emerging economies gives investors a wide range of opportunities to calibrate their strategies.
KPMG’s latest Debt Market Update provides a snapshot of credit market activity debt trends and insights, and their implications for Australian companies.
KPMG Geopolitics Lead Jon Berry discusses how banks and lenders understand how rising populism impacts different industry sectors, and what that might mean for borrowers.
We should expect the Fed to become less unified as we get closer to a potential cut in rates as uncertainty surrounding tariffs is still staggeringly high, writes KPMG US Chief Economist Diane Swonk.
If the United States did not have additional tariffs on the horizon and an escalating trade war with China, the Fed would resume cutting rates on such a sharp cooling of inflation, writes KPMG US Chief Economist Diane Swonk.
Heightened uncertainty, combined with higher inflation, economic stagnation and rising federal deficits could mean tighter lending conditions for both businesses and households, writes KPMG US Senior Economist Ken Kim.
We expect a peak in inflation in the mid-3 percent range over the US summer, however, that assumes that tariffs on imports from China will hold at the current 30 percent, writes KPMG US Chief Economist Diane Swonk.