P2P lending in Australia

UK peer-to-peer lender RateSetter launched its first site outside Europe on Tuesday morning, pitching it at "savers" in Australia who can lend via the site at interest rates above recent hybrid bond offers.

The site is the first in Australia to allow anyone with a local bank account to lend online, as long as they are 18 or over.

Article from the Fin today.

Ratesetter website.

Having read about MrMoneyMustache's success with P2P lending, might be another tactic to generate returns for those looking to go beyond PI.

Perhaps could be used as part of a "Barbell Strategy"
 
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