Firstmac Strikes its Own Path (Kanga News Nonbank Yearbook)

16 October 2018

Firstmac is an outlier in Australia’s nonbank sector thanks to its focus on prime mortgage lending.

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Non-banks in funds fight for bigger slice of mortgage market (The Australian)

Non-banks are stepping up efforts to get more access to cheaper funding by taking their push to Treasury, with the aim of better competing against the ...

12 November 2020

Non-bank reports improving figures (MPA Australia)

The latest figures from Firstmac’s $12.2 billion loan book reveal a rosier picture of the pandemic’s impact on mortgages, with the number o...

12 November 2020

Investors more pandemic-resilient than owner-occupiers (AFR)

Home loans to investors are more robust than those to owner-occupiers and few will need to resort to hardship measures beyond March, but a portion of o...

11 November 2020

Responsible lending: unleashing banks, leashing nonbanks? (Kanga News)

The Australian federal government has proposed changes to responsible lending rules, with the goal of encouraging credit supply and thus maximising the econo...

12 October 2020