As Senior Editor at Business News, Mark Beyer has a wide-ranging brief to research, analyse and report on the issues, trends and personalities affecting the business community in Western Australia. Mark has 35 years' career experience, primarily in business journalism. He joined Business News in 2002 and previously worked for The Australian Financial Review and The West Australian, and also has public relations and corporate affairs experience. Before becoming a journalist, he was an economist with the Commonwealth Treasury in Canberra.
In the third of a six-part series on business lending, Mark Beyer looks at the equipment finance market.
THE equipment finance market has witnessed substantial change over the past couple of years, led by the growing popularity of chattel mortgages.
MORTGAGE originators are targeting business lending for future growth following their success in the housing loans market.
From a standing start in the mid 1990s, mort-gage originators now arrange about 30 per cent of all housing loans.
PERTH Glory chairman Nick Tana has agreed to personally guarantee a multi-million dollar loan by the Town of Vincent as a bargaining chip in negotiations over the $11.5 million redevelopment of Perth Oval.