2.2 Financial Markets relevant to Business's Financial Needs + Business Summaries

2.2Financial Markets relevant to Business?s Financial Needs1.Financial market places?places where fiscal products atomic number 18 bought and exchange?an suit of a monetary product is marge loans2.Financial securities?contracts such(prenominal) as sh ar certificate, chamfer loans and home loans?AKA fiscal assets or resources-Major participants in pecuniary markets1. cants? widen wide crop of financial products to professiones and individuals such as desire flushs, personal loans and overdrafts?An example of a bank is land Bank2.Finance companies and redress companies?Finance companies draw capital from the general public in the form of consumer loans and business leasing. They project medium term finance to businesses. Finance companies are central tinrs of lease finance; they render the business with the drug vitiate of equipment in return for official payment. ?An example of finance nutrition company is GE cracking Australia (GECFA), it is the hulkyst finance company in Australia. They lift out bills from slight investors by transmiting debentures and uses this coin to interpret consumer credits and small business loans?Insurance companies curb businesses against risks and they to a fault grant surplus bills in the business3.Merchant Banks?offer co-operate financial advice to large businesses?they also help businesses snatch capital required for acquirement?an example: Macquarie bank4.Superannuation/Mutual bills?invests large amounts of nest junkie made by their contributors to things handle shares in public companies and property5.Companies?They direct out surplus funds in the form of vendible securities such as bill of exchange of invests surplus on a short-term bullion market. ?an example: David Jones6.

Government (Reserve Bank of Australia)?they provide overall supervision of the financial system in Australia-Role of Australian Stock Exchange (ASX)1.Primary market?help new businesses provoke initial capital undeniable to start operations2.Secondary market? give away existing shares-Domestic and international influences and trends and their implications on the business?s financial needs1.Impact of globalization, one global economy2.Interest rates, two international and home(prenominal) (foreign/domestic investment)3.Privatization, change of government enterprise into the hidden sector. Example: Commonwealth Bank REFERENCES:1. HSC Business Studies, If you want to pay off a ample essay, point it on our website: Ordercustompaper.com

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