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December 07: Safety mode for sub-prime sector

by Staff Reporter4 minute read

Despite stark differences between the US and Australian capital markets, the ongoing liquidity squeeze is forcing sub-prime lenders to safeguard their core business by adapting to new market conditions.

Over the last month lenders in the sub-prime sector including Liberty Financial, Bluestone and Pepper have undergone some tough rationalisation in response to tighter conditions.

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