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Latest News & Views

Australian and New Zealand Banks Continue to Tighten. 11 Nov 2008

Rod Oram in the Sunday Start Times http://www.stuff.co.nz/4755086a1865.html explains that the Aussie interest rate cut and the reluctance of the Australian banks to pass on the reduction are indications that lending is tightening from the banks and is likely to become even more difficult to secure.

In this environment, having alternative sources for working capital becomes even more important for smaller business.