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Investors step up funding as Australian banks waver

They take on more credit risks to sustain returns after central bank cuts benchmark interest rates to record lows

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The non-bank lending industry has been signing more property financing deals with larger sizes in the past 12 months.

Sydney

AUSTRALIAN bond yields near record lows are encouraging wealthy investors to lend to owners of properties from offices to shops and nursing homes, spurring a revival for non-bank financing.

Chifley Securities Pty is the latest entrant seeking to carve out a niche as the