
The rate rise that broke retail, Telstra TPG deal flops & the investors who go with their gut
Chanticleer
00:00
The Rise of Interest Rates in the Australian Market
The cost of debt is up around the market because banks start with the swap rate, which is about 4.5%. And then they sort of add a margin on top of that when they're charging a company's debt. The AFR hosted its first-ever Entrepreneur Summit in Sydney this week. It was attended by venture capitalists, scientists and one of the whistleblowers who helped bring down Theranos founder Elizabeth Holmes.
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