Good morning, Australian Retirement Trust has cooled on private credit as demand for the asset class soars, with the superannuation fund warning of lower lending standards and reduced returns as investors rush in. Meanwhile, ex-RBA governor Philip Lowe describes his early life as one of ‘incredible privilege’, but as chair of Future Generation Australia he wants to help children who have faced adversity early in their life to thrive. And the Clean Energy Council’s latest Quarterly Renewables Report says strong investment support has underpinned commitments of more than 1400MW in new large-scale renewable energy generation projects, worth $3.3bn.
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