Unlike large businesses, it is too costly for them to raise funds directly from capital markets. Australian small businesses have made increasing use of non-traditional sources of finance in recent years, such as balance sheet lending and marketplace lending (Graph 5).
While we believe that our existing framework for conducting monetary policy has served the public well, the purpose of this  1  Additional information about Fed Listens, including background information on the initiative and a listing of events around the country, is available on the Board’s website at https://www.federalreserve.gov/monetarypolicy/review-of-monetary-policy-strategy-tools-andcommunications-fed-listens-events.htm.