Archive for March 22nd, 2008
Rates Hike For Australian Business Lending
MySmallBusiness: A leading banking analyst has warned small businesses could end up paying higher interest rates to cover the banks’ losses in home and corporate lending. JPMorgan’s Brian Johnson says small business could pay 3% more than the 90 day bank bill swap rate, if mortgage stress now being experienced by the non-bank lenders spreads [...]
