Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Ares Warns of Australian Private Credit Stress From Rising Rates

Elevated interest rates threaten to add further pressure on Australia’s private credit sector given its weighting to the country’s struggling real estate market, an Ares Management Corp. executive has warned.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Tuesday 20 October →