Daily Archives: July 27, 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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