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Billion-dollar property collapse highlights private credit danger

ABC News Australia · Published 3h ago · Impact 77%
Billion-dollar property collapse highlights private credit danger

Examinations of the downfall of Jon Adgemis's property empire may well shed light on the extent to which private credit firms, essentially a shadow banking industry with little or no regulation, have their hooks into the economy.

Caution ahead69%
PositivePossible support for stability, investment or market confidence
RiskInflation, volatility, borrowing costs or weaker growth
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