News & media

RBA's cheap money is killing competition (AFR)

The Reserve Bank's $200 billion pool of cheap money has allowed the big banks to launch a fixed-rate refinancing blitzkrieg, luring customers away from...

29 September 2020
These are good customers in a bad situation, says Firstmac (Mortgage Professional Australia)

Throughout the past three months, Firstmac’s monthly loan data has shown encouraging signs of recovery in the number of Australians on COVID-19 hardshi...

15 September 2020
Firstmac analysis shows the number of borrowers on hardship is falling (MPA Magazine)

The latest data from Firstmac’s $12.6b loan book shows that the number of Australians on COVID-19 hardship arrangements is steadily falling despi...

25 August 2020
Banks urged to 'flex' as Victoria battens down the hatches (AFR)

Data on loan deferrals released by the prudential regulator and by Firstmac provided new insight into the $274 billion worth ...

04 August 2020
Firstmac completes $1.3bn RMBS raising (Australian Broker)

Non-bank lender Firstmac Limited has announced its completion of a $1.3 billion RMBS raising, with over $2 billion in orders.

10 July 2020
Firstmac finds its deepest-ever investor base in new deal (Kanga News)

Firstmac’s latest residential mortgage-backed securities (RMBS) deal demonstrates the continued rebound of nonbank securitisation since the ...

02 July 2020
Fewer homeowners seeking mortgage relief as economy recovers (The Australian)

The number of mortgages on suspended repayments through COVID-19 hardship measures is declining, with some homeowners opting to begin paying down their...

02 July 2020
Firstmac reports car market is "recovering strongly" (Australian Broker)

New data from a non-bank lender has indicated the car market is “recovering strongly” after plummeting in April, with borrowers ready to be...

12 June 2020