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.

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20 Mar 2019

RBA warns the banks ‘don’t be stingy’ (2GB Money News)

The Reserve Bank of Australia has warned banks to loosen up their lending practices when approving home loan applications. Firstmac CFO James Austin tells Ross Greenwood bank staff need to be more consistent when granting credit.  


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