Tuesday, Sep 25, 2007
THE states that can least afford it, NSW and Victoria, will be hardest hit by the US sub-prime crisis.
theaustralian.news.com.au: Credit crunch hits NSW, Vic
This emerges from a report released to The Australian by the leading receivables and credit company Dun & Bradstreet. The report concludes that the greatest concern is for NSW and Victoria, both of which send about 33 per cent of their total exports to the Asia-Pacific region, and are dominated by manufacturers and wholesalers, most of which are small to medium-sized businesses.
Posted by chris @ 06:29 PM (135 views) Add Comment
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