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 despite the second wave of lockdown in Victoria. MPA spoke with chief financial officer James Austin about how Victoria compares with other states and why the ACT is doing the best nationwide.

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Brokers help Firstmac hit $8bn milestone

The Brisbane based non-bank lender has grown its loan book to more than $8 billion in mortgages under management.

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