Inside Australia's $200b unregulated private credit boom
This week on The Fin podcast, senior reporters Jonathan Shapiro and Aaron Weinman on why private credit is booming, who’s making money from it and what happens if the golden age comes to an end. This podcast is sponsored by Smartsheet. Further reading: ‘Marking their own homework’: Inside Australia’s $200b unregulated private credit boomCredit products are being launched a mile-a-minute, promising plenty of returns buoyed by high rates. But behind the euphoria, there’s plenty of disquiet. Fortunes to be made as the private credit boom is going publicOnce a cottage industry, private credit is now attracting billions of dollars, reshaping the financial system and minting new fortunes. Wylie’s Tanarra eyes $1b for new credit fund, snares ex-HSBC bankerThe firm’s latest tilt at private credit will provide long-term loans for investment-grade companies that typically raise capital in overseas bond markets.See omnystudio.com/listener for privacy information.