The past five years have been challenging for the Non-Depository Financing industry. As the Reserve Bank of Australia tried to stimulate non-mining sectors of the economy by cutting the official cash rate to historic lows, interest revenue generated on industry operators' loan books suffered. Declining lending volumes in the business sector also negatively affected the industry, but strong investment in mining infrastructure has helped offset some of the decline. The expansion of the Chinese economy over the past five years and the high demand from this market for natural resources have prompted large inflows of investment in mining development and infrastructure.
The Non-Depository Financing industry includes financiers that lend money or provide credit to retail, corporate and wholesale customers. Financiers in the industry raise funds through wholesale channels and do not incur the liabilities of deposits. The industry also includes the leasing of plant, equipment and machinery on a financial service basis. Deposit-taking financial institutions are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.