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The Business Brief FRIDAY, 28 AUGUST 2026
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Sydney Developer in Distress Sounds Alarm for Private Credit

1 source ·1 article ·6h ago

The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·6h ago

Sydney Developer in Distress Sounds Alarm for Private Credit

The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market.