Liberty Financial
Australian nonbanks' song remains the same
Every year, KangaNews hosts Australia’s leading nonbank lenders at a sector roundtable discussion – supported since 2019 by Natixis. In keeping with the unique circumstances of 2020, this year’s roundtable was conducted via videoconference. While market conditions have changed dramatically in the past 12 months, the sector is able to tell the same story of solid funding foundations and sound credit quality.
Nonbank leaders survey a changing world
The closing session of the 2023 Australian Securitisation Forum conference in November 2023 brought together four chief executives from Australasian nonbank lenders. The sector is facing up to competitive challenges following a period of unprecedented growth so it was the perfect moment for these leaders to share their insights on the value proposition and prospects for nonbanks.
Securitisation builds an audience for its diversity story
The Australian Securitisation Forum’s 2023 annual conference attracted a record number of delegates – well over a thousand attended – and offered its most wide-ranging agenda ever. The securitisation industry has navigated higher rates and increasing global uncertainty well to date, with record volume printing in 2023 and a notable uptick in collateral diversity. The road ahead may be tricky but the market is facing it with confidence.
Autos proliferate
The Australian auto lending market is undergoing a similar structural shift to that experienced by the nonprime mortgage lending market a few years ago: a wide-scale withdrawal by bank balance sheets and a proliferation of new and existing nonbank lenders. Auto-backed securitisation issuance is booming as a result.
Nonbanks ready to take advantage as new opportunities emerge
The annual KangaNews-Natixis CIB nonbank lender roundtable, which took place in Sydney in August 2023, came at an interesting juncture for the sector. Nonbanks have responded to a period of elevated competition in the mortgage market by diversifying their books, and the combination of new assets and robust performance in their core sectors mean participants are facing the future with optimism.
Nonbank issuer profiles and perspectives 2023
Key data and information on 33 nonbank lenders active in Australia and New Zealand including programme information, funding strategy, debt data and issuer insights.
nonbank Yearbook 2024
KangaNews's eighth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.
WOMEN IN CAPITAL MARKETS Yearbook 2023
KangaNews's annual yearbook amplifying female voices in the Australian capital market.