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Credit crunch

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‘What’s going on here?’: ASIC probes fast-growing private debt markets

‘What’s going on here?’: ASIC probes fast-growing private debt markets

The head of Australia’s corporate regulator wants more visibility when it comes to the private credit market, where companies go if the banks won’t lend.

  • by Millie Muroi

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‘The only avenue left’: Buy now, pay later used for food, bills

‘The only avenue left’: Buy now, pay later used for food, bills

New research has found Australians are increasingly using buy now, pay later products for their essentials.

  • by Anna Patty
US bank woes could help spark a global credit crunch

US bank woes could help spark a global credit crunch

The Federal Reserve Board has warned of a tightening supply of credit that could undermine global growth and send asset prices lower around the world.

  • by Stephen Bartholomeusz
‘It’s spooky’: Half of America’s banks are already insolvent
Opinion
Opinion

‘It’s spooky’: Half of America’s banks are already insolvent

There’s $13.5 trillion uninsured deposits in the US banking system. Such deposits can vanish in an afternoon in the cyber age.

  • by Ambrose Evans-Pritchard
China’s response to bank protests hints at a wider problem

China’s response to bank protests hints at a wider problem

China’s financial stresses are bubbling to the surface, with a heavy-handed response by the authorities to protests at the weekend by bank depositors whose funds have been frozen since April.

  • by Stephen Bartholomeusz
Great unknown: Markets brace for turmoil as the Fed unwinds its 14-year experiment

Great unknown: Markets brace for turmoil as the Fed unwinds its 14-year experiment

The Fed didn’t just raise US interest rates with its biggest hike since 1994. It also made another move that is set to put vulnerable markets under more stress.

  • by Stephen Bartholomeusz
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The world’s riskiest debt sector is booming
Opinion
Bonds

The world’s riskiest debt sector is booming

There’s something quite perverse and disconcerting about seeing banks and other institutions flooding into the riskiest segment of debt markets as investors elsewhere start to head for the exits.

  • by Stephen Bartholomeusz
Does China know something the rest of the world doesn’t?

Does China know something the rest of the world doesn’t?

China’s change to its monetary policy has raised questions about just how concerned it is about its slowing economy.

  • by Stephen Bartholomeusz
Banks: bad guys one minute; put-upon credit providers the next
Opinion
Opinion

Banks: bad guys one minute; put-upon credit providers the next

The Prime Minister’s form of managing major problems is to hope the media moves on and then call several inquiries if that doesn’t work.

  • by Ross Gittins
The fault lines in China's economy have been exposed
Opinion
Bonds

The fault lines in China's economy have been exposed

There has been a spate of Chinese companies defaulting on their bond repayments in the past few weeks, sending anxious ripples through the market and raising fears about a credit crisis.

  • by Stephen Bartholomeusz
Hard lessons on how recessions work and why we hate them so much

Hard lessons on how recessions work and why we hate them so much

Seven points about recession and why Scott Morrison’s treatment of the unemployed is much more benevolent.

  • by Ross Gittins

Original URL: https://www.smh.com.au/topic/credit-crunch-1mp9