Why private credit has some concerned about the next GFC | The Business | ABC NEWS
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YouTubeABC News (Australia)
Why private credit has some concerned about the next GFC | The Business | ABC NEWS
Private credit lending outside the banks is a growth industry, with high interest rates and potentially high risks. Corporate regulator ASIC has sounded the alarm after disastrous collapses in the US credit sector. In Australia, there's currently $250 billion worth of private credit loans. Most lending is in property, and the regulator is ...
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