Why Are There Concerns About Australia’s Private Credit Industry

RECENT YEARS GOVERNMENT FUNDING HASN'T ONTO -- GARBAGE LENDING HASN'T GONE TO PUBLIC MARKETS, IT IS GOING TO PRIVATE MARKETS AND PRIVATE BUT IT HAS BEEN POPULAR. IT IS INCREASINGLY OVER ALLOCATED TO BUY LARGE ASSET POOLS. THAT WAS THE DOUBLELINE CAPITAL FOUNDER WEIGHING IN ON THE OUTLOOK FOR PRIVATE CREDIT.WE ARE SEEING CRACK SUBMERGING AND SHINING THE SPOTLIGHT ON AUSTRALIAM WHERE A CREDIT REGULATOR IS -- FAILED TO PROTECT INVESTORS. THE CRACKDOWN ON THE INDUSTRY FILES -- FOLLOWS HIGH-PROFILE COLLAPSES IN ...