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Payday loans in Australia are part of the small loans market, which was valued at around $400 million a year in the 12 months to June 2014. [ 1 ] The growth of this market mirrors the growth in Canada, the United Kingdom, and the United States.
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Non-performing property loans are found to lead to banking crises. [32] The need to identify the relationships between macroeconomic factors and NPLs had been crucial for governments and financial institutions to monitor the economy and undertake necessary policies or decisions to control and reduce the number of NPPLs in the financial system.
Small business loans of $5,000 or less can provide a much-needed boost to entrepreneurs with limited resources. Best small business loans for under $5,000 Skip to main content
The FCS guarantees certain deposits (currently up to $250,000 for each account holder at any ADI incorporated in Australia). All deposits held by an account holder with a single financial institution are added together towards the FCS limit, including accounts with any other business that the ADI operates under a different trading name.
The Loan Council is an Australian Commonwealth-state ministerial council that coordinates public sector borrowing, [1] comprising the Commonwealth of Australia and the states and self-governing territories, New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania the Australian Capital Territory, and the Northern Territory.
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