Monthly Archives: July 2010


FUNDING COSTS HURT BORROWERS

A recent article written by Jessica Darnbrough states that Australia’s banks are imposing hurdles on borrowers that prevent them from getting a loan, according to Aussie. The non-bank financial services group’s chief executive officer Stephen Porges said money sourced from global credit markets is now priced considerably higher than it was a few years ago, […]

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Research can be misleading

The following article was published in the BrokerNews magazine and was written by Andrea Cornish and it was interesting reading. Andrea goes on to say that The Australian Bankers’ Association (ABA) is challenging research used by the peak industry body for Credit Unions and Building Societies.   The ABA says Abacus is using misleading information […]