Cash rate update for November 2025
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 3.60% at today’s meeting. This outcome reflects the RBA’s cautious and measured approach in balancing inflation control with employment objectives. The latest data indicates: Holding the cash rate steady provides the RBA with time to assess how economic conditions evolve […]
Cash rate update for September 2025
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 3.60% at today’s meeting. This outcome reflects the RBA’s cautious and measured approach in balancing inflation control with employment objectives. The latest data indicates: Holding the cash rate steady for now allows the RBA to monitor how efforts to support […]
AFG successfully prices A$1BN RMBS transaction
Australian Finance Group Ltd (ASX: AFG) announced that its subsidiary, AFG Securities Pty Ltd, has priced a A$1 billion Residential Mortgage-Backed Securities (RMBS) issue, upsized from A$500 million. AFG CEO David Bailey said the transaction received strong support drawing interest from 32 investors including four new investors to the RMBS programme. “This represents AFG’s equal […]
Cash rate update for August 2025
The Reserve Bank of Australia (RBA) has today reduced the official cash rate by 0.25 percentage points, a move widely anticipated by economists and market watchers. The current cash rate now sits at 3.60%. This decision follows several key indicators pointing to a cooling economy and easing inflationary pressures for the June 2025 quarter: Together, […]
Cash rate update for May 2025
In welcome news for mortgage holders across the country, the Reserve Bank of Australia (RBA) has today decided to decrease the cash rate by 0.25% to 3.85%. This move reflects the RBA’s growing confidence that inflation is coming under control. Most notably, trimmed mean inflation for the March 2025 quarter came in at 2.9%, officially […]
AFG successfully prices A$700 million Non-Conforming RMBS transaction
Australian Finance Group Ltd (ASX: AFG) wholly owned subsidiary AFG Securities Pty Ltd (AFG Securities) has priced an upsized A$700 million Residential Mortgage-Backed Securities (RMBS) issue. This latest Non-Conforming RMBS transaction, AFG 2025-1NC, was upsized from A$500 million to A$700 million. AFG Chief Executive Officer David Bailey said the transaction was well supported with a […]
AFG completes acquisition of Fintelligence
Australian Finance Group Limited (ASX:AFG) has today announced the completion of the acquisition of the remaining 16.7 per cent stake in leading asset finance aggregator, National Finance Alliance Pty Ltd, trading as Fintelligence. The combined AFG group has recorded asset finance settlements of more than $3.3 billion in the past 12 months. Growth since acquisition […]
AFG to acquire equity stakes in broker businesses
AFG is evolving its service offering, maintaining its position as the market leading partner of choice for brokers. Australian Finance Group Limited (AFG) has today announced that it will become the first Australian mortgage aggregator to acquire non-controlling equity stakes across its network of mortgage broking businesses. AFG Chief Executive Officer David Bailey said the […]
AFG Launches BrokerEngine Plus
AFG turbocharges technology platform – setting a new standard in broker efficiency Australian Finance Group Ltd (AFG) has today unveiled BrokerEngine Plus, a powerful new broker platform, developed exclusively for its network of more than 4,000 mortgage brokers. The platform offers a long list of features designed to improve the experience for brokers and their […]
AFG marks 30-year milestone as mortgage broker industry hits record high
AFG marks an important milestone celebrating 30 years in business. AFG’s breakout into the market effectively led the mortgage broking industry to become the competitive and diversified lending market we know today. Founded by Directors Brett McKeon, Malcom Watkins, Kevin Matthews and the late Bradley McGougan in September 1994, they helped create choice for millions […]
