News & media

Firstmac buys another 'category killer' (Banking Day)

Firstmac has acquired car loan broker Carloans.com.au and car-buying service Georgie from ASX-listed Eclipx.

27 April 2020
Firstmac sets out to capitalise on pandemic fallout on economy (The Australian)

Non-bank lender Firstmac wants to use the economic downturn to pounce on growth opportunities, after acquiring car-loan broker Carloans.com.au and vehi...

26 April 2020
Canberra takes a bond ‘step change’ (The Australian)

The AOFM has started operating the $15bn Structured Finance Support Fund to help smaller lenders access funding during a period of market dislocation. <...

31 March 2020
Further details of $15bn lending fund released (The Adviser)

Key aspects of the government’s new $15-billion Structured Finance Support Fund for smaller lenders, including its first investment, have been re...

30 March 2020
RMBS freeze melts for Firstmac (Banking Day)

In the first mortgage-backed funding in a month, FirstMac on Friday completed a A$1 billion RMBS raising. The Australian Office of Financial Management ...

30 March 2020
AOFM support comes for residential mortgage-backed securities liquidity squeeze (The Australian)

The Australian government has waded into the residential mortgage-backed securitisation market for the first time since the global financial crisis, gi...

30 March 2020
Aussie Government QE kicks off (LiveWire Markets)

The Australian government has initiated its part of a coordinated quantitative easing (QE) program that was announced by the Reserve Bank of Australia ...

29 March 2020
Firstmac CFO hails $1 billion 'miracle trade' (The Australian Financial Review)

James Austin, the chief financial officer of non-bank lender Firstmac, has hailed Friday's $1 billion mortgage bond sale as a "miracle trade"...

29 March 2020