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Why are business loans on the way up, despite gloomy economy?

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There’s a lot of talk of doom and gloom in the economy at the moment, so why are loans to small and medium businesses on the way up?

 
With high inflation and the cost of living and rent going up it definitely feels like the economy is in bad shape at the moment.

More than 7,500 businesses closed in Victoria last financial year, for instance.

However data shows banks lent almost $200 billion across 302,945 new loans to small and medium enterprises last financial year – an almost 30% jump from the previous year.

Why are business loans on the way despite the negative sentiment?

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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