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CBA records strongest asset finance growth on record – CommBank

CBA records strongest asset finance growth on record – CommBank

CBA General Manager Asset Finance, Chris Moldrich, said businesses were benefiting from orders placed in advance and were bringing forward purchases to take advantage of government incentives.“The increased supply of vehicles to Australia has enabled businesses to take the opportunity to upgrade assets that they held on to for longer than expected during Covid. It’s also clear businesses were motivated to upgrade their eligible vehicles and equipment to take advantage of the Federal Government’s Instant Asset Write-Off Scheme before 30… 

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