Survey: Asset finance industry in Australia evolves as economy shifts

12/1/2013

Australia's asset finance companies are feeling the pinch as the economy slows because of a stalled mining boom and slowing demand from China, writes Colin Fleischmann of White Clarke Group. Companies are postponing replacement and renewal of equipment as a result, and some providers are leaving the equipment finance market, Fleischmann writes. Still, asset finance remains a significant component of the economy. Further information is available in the White Clarke Group Australia Asset and Auto Finance Country Survey. Read more.

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