Firstmac Announces Potential New RMBS Deal (Banking Day)

Firstmac has revealed plans to meet investors, regarding a potential new Australian dollar denominated residential mortgage-backed securities (RMBS) deal.
ANZ, J.P. Morgan, National Australia Bank, Standard Chartered Bank, United Overseas Bank and Westpac Institutional Bank have been mandated to arrange the meetings, beginning 6 May in Australia, followed by Tokyo, London and Singapore.

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Non-banks set to boom thanks to APRA crackdown on property investors

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As Westpac and Suncorp became the latest banks to raise interest rates for investors on Friday, the country's biggest non-bank lender, Firstmac​, said it was seeing early signs of a surge in demand for property investors.- Sydney Morning Herald- view article