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.

In a statement, Firstmac said that the issue was oversubscribed “from an early stage” and was supported by 31 institutions.

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29 Aug 2017

Turnbull government's quick-fire plan in non-bank market (Australian Financial Review)

The AFR reports that the Federal Government is planning to pass new legislation regulating non-banks by the end of the year.

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