The World Bank Group member opened its fiscal year 2027 funding programme with its largest Australian dollar transaction to date, amid the growing domestic bond market.
The Reserve Bank of Australia said the cash rate remains its primary policy tool, but new guidance sets out how it could deploy additional monetary tools to respond and prepare for future crises, such as another pandemic on the scale of Covid-19.
The Hong Kong-based banker was most recently the bank's head of technology and communications corporate banking for Japan, Asia North and Australia, and Asia South.
As Australia rolls out the new reporting system for CPI, the central bank is now less likely to cut interest rates at its next meeting in December; some market commentators are now expecting rates to rise in 2026.
Cramer joins the Australian digital property business from News Corp in New York, where he is deputy CFO running the treasury operation; he replaces Janelle Hopkins in February 2026.
The funds were raised to further support the firm’s cleaner energy supply to remote mining sites across Australia; this is the first debt fundraising from Octa Group.
The proceeds raised by the Singapore firm will be used to refinance existing debts and for general corporate purposes; Starhill has commercial properties across Apac and raised a S$600m SLL in March.