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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01 Feb 2017

Non-bank reduces investor loan rates

Non-bank lender Firstmac has announced new rate reductions for some of its investor loan products, going against the general industry trend of increasing investment rates.

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