Non-bank celebrates four decades in business (Australian Broker)

One of Australia’s oldest non-bank lenders just celebrated 40 years in business with a gala dinner in Brisbane.
 
Firstmac founder, Kim Cannon, told the 400 guests in attendance that the company had found its success through innovation, hard work, and family – as well as long-term vision that placed sustainable growth ahead of short-term profits.

View article here

Read more…

Recent articles

01 Aug 2015

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

Smaller mortgage lenders are queuing up to take a bigger slice of the the big banks' hefty profits from home loans, as banks are forced to tighten the screws on landlord borrowers.

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