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Open, shut them: fringe lenders face uncertain future

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Twice daily for the past week, Jim Chalmers has been in meetings with the Council of Financial Regulators.

On Friday, the Treasurer described the Australian banking system as “well-regulated” and “well-capitalised”.

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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/open-shut-them-fringe-lenders-face-uncertain-future-20230209-p5cj5w