ASX’s departing boss says listings pipeline can withstand higher rates

The Australian Securities Exchange’s outgoing boss Helen Lofthouse says the pipeline for new listings is strong and expects growth to continue even as rising interest rates make for a more challenging environment.

The ASX’s net profit rose 8.3 per cent to $263.6 million in the half-year to December, driven by strong trading volumes in the cash market and interest rate futures, but costs grew by 20 per cent to meet demands imposed by the corporate regulator for a string of operational failings.

Source: https://www.afr.com/companies/financial-services/asx-profits-reined-in-by-cost-blowout-after-asic-crackdown-20260212-p5o1nu