The new lending boom waiting to break out

As the banks prepare for the Murray inquiry to hand down new restrictions on capital for loans, a new boom in non-bank lending is right around the corner.

A new potential boom is simmering below the surface, awaiting the repercussions of the Murray inquiry recommendations to break out.

Gradually a set of circumstances is coming together that will see a big rise in direct lending to individuals and businesses that bypasses banks.

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