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With the higher cost of funding driving non-bank lenders out of the market, competition within the industry has come under threat. In response, experts have called on the federal government to establish AussieMac - a government agency which could use the AAA credit rating to provide immediate liquidity to the securitisation market.
Q1. Does the decrease in lending competition concern you? (Yes/No)
Q2. Do you think AussieMac would be effective in restoring competition to the market? (Yes/No)
Please send your responses, along with any comments you wish to add, in an e-mail including your name, location, company name and contact details to: email@example.com (competition only open to Australian residents).