26 January 2015

La Trobe Financial – Proud to be fully Australian owned and operated

Happy Australia Day! Today is the official national day of Australia, marking the anniversary of the arrival of Captain Arthur Phillip and the First Fleet of British Ships into Port Jackson back in 1788.

We are very proud of our heritage, being a fully Australian owned and operated company, and thought we would take this opportunity to share a little of our history with you on this day of reflection in our great country.


La Trobe Financial was founded on 6 August 1952, following the registration as a specialist lending entity at Corporate Affairs Victoria by partners Raymond Kevin O’Neill and Kelvin David O’Mullane.

The “La Trobe” name was derived from the name of the first Victorian Governor, Charles Joseph La Trobe , recognised for his fair dealings and decisive leadership and vision. “La Trobe” was formed to bring the same characteristics to mortgage and funds management.

From humble beginnings, La Trobe Financial became one of the fastest growing building societies in Australia during the 1970s before being demutualised when founder Ray O’Neill bought out his co-founding partner.

During the early 80s, La Trobe Financial negotiated its first large wholesale funding line, leading to a $55 million facility for 95% LVR loans.

Over the next 10 years it was the age of innovation at La Trobe Financial, beginning with winning our first National Award, for “Innovation in Housing Finance”, presented by then Prime Minister, Hon. R J Hawke; then in 1990, La Trobe Financial pioneered a “Lite-Doc” loan product, a first of its kind in Australia; during 1994, La Trobe Financial became the first non-bank to document and settle a “reverse mortgage” under the name “Seniors Mortgage”, innovation in finance is something we are well known for to this day.

The new millennium could be described as La Trobe Financial’s “debut” period, going from being a mortgage broker’s “best-kept secret” to being nationally (and later internationally) awarded and recognised as one of Australia’s leading credit specialist lenders.

A snapshot of some of our achievements during this period includes:

  • Awarded “Top Ranked Mortgage Fund” by Smart Investor magazine (Australian Financial Review) 2009

  • Judged by Money magazine as the “Best Mortgage Fund in Australia” for the past six consecutive years (2010, 2011, 2012, 2013, 2014 and 2015)

  • Awarded “Excellence and Innovation in Fund Management Independent, Australia” by International Alternative Investment Review (IAIR), a global independent research publication (2013)

  • Awarded “Excellence in Mortgage Fund Management Independent, Australia” by IAIR, (2013 and 2014)

  • Finalist at RFi’s Australian Lending Awards for “Best Specialist Lender” (2014 and 2015)

  • Awarded “Best Investment Management Company – Australia” and “Best Mortgage Fund – Australasia” by the International Finance magazine (2014)

  • Victorian Innovation in Funds Management Encouragement Award for our innovative Parent to Child (P2CTM) lending and wealth management product.

  • Record back to back wins for MFAA Excellence Awards for Best BDM in Australia awarded to Michelle Bannister (2013 and 2014)

  • Judged Best Marketer of the Year – MAX Awards (Marketing, Advertising & Sales Excellence) - Head of Communications Caterina Nesci (2014)

As you can see, La Trobe Financial is one of the many great Australian success stories, thanks to the support, trust and loyalty shown by many fellow Australians over the years.

Helping everyday Australians, every day

La Trobe Financial's typical customer is your average Australian borrower that is underserved by the major banks;

  • It may be that they operate one of the 2.8 million SMEs that form the lifeblood of this country, and are unable to provide up to date financial records.

  • They may have experienced a life event, such as a divorce, redundancy, death or illness of family member or any other unforeseen event that can have an adverse affect on their credit history.

  • The applicant may be a new-Australian, having recently relocated to the “lucky country” from abroad, and not yet established a bank-approvable credit history

You see it is these very “everyday” Australians that La Trobe Financial has assisted every day for over 60 years, and this is what makes us a reliable choice for many Australians.

La Trobe Financial:

  • Help make the “great Australian dream” a reality for over 120,000 Australian families.

  • Manage more than $10 billion over 60 years without loss of capital and interest to any institutional investor.

  • Manage in excess of $1.85 billon of institutional and retail investor money

  • Manage Australia’s biggest and multi-award winning mortgage fund with over $850 million FUM.

  • Offices Melbourne, Traralgon, Sydney and Shanghai.

So, “Happy Australia Day” from one Aussie to another – enjoy it, relax and appreciate how lucky we are.

... That's Lending

Best regards,
Cory Bannister, Vice President, Head of Distribution
La Trobe Financial Asset Management Limited

La Trobe Financial is one of Australia's leading independent credit specialist Fund Managers. Its business includes residential mortgages, commercial mortgages, and investment services operating one of Australia's largest Mortgage Funds under AFSL 222213. It employs over 123 staff and has managed over AUD$10Billion covering over 100,000 investment grade assets since inception in 1952.

Copyright 2014 La Trobe Financial. All rights reserved. No portion of this may be reproduced, copied, or in any way reused without written permission from La Trobe Financial. Disclaimer

The following awards and ratings were given to the Pooled Mortgage Option within the La Trobe Financial Mortgage Fund and may be viewed on our website

Ratings And Awards

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Please Note: This publication is for accredited broker use only and is not for distribution to consumers.

^ Depends on risk grade of Borrower

All loan applications are fully assessed to ensure the loan is not unsuitable and that we meet our responsible lending obligations in accordance with our usual underwriting requirements. All features and interest rates are current as at the date of publication. Conditions, fees and charges apply. This message, together with the La Trobe Financial website (www.latrobefinancial.com.au) and all its contents have been prepared for general information only and should not be taken as legal or financial advice, and as such the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before acting on any information present on this message or the La Trobe website. La Trobe Financial Asset Management Limited ABN: 27 007 332 363 and AFSL No: 222213 is the issuer and manager of the La Trobe Australian Mortgage Fund. It is important for you to read the Product Disclosure Statement for the Fund before you make any investment decision. You can get a copy of the PDS by calling 1800 818 818. You should consider carefully whether or not investing in the Fund is appropriate for you. The rates of return from the Fund are not guaranteed and are determined by future revenue of the Fund, and may be lower than expected. Investors risk losing some or all of their principal investment. The investment is not a bank deposit.

La Trobe Financial Services Pty Limited - Australian Credit Licence Number: 392385
La Trobe Financial Asset Management Limited - Australian Credit Licence Number: 222213

Terms, conditions, fees, charges and La Trobe Financial lending criteria apply.

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1. Zenith's "recommended" rating indicates that it has high confidence in the manager meeting its objectives. The Zenith Investment Partners ("Zenith") ABN 60 332 047 314 rating referred to in this document is limited to "General Advice" (as defined by section 766B of Corporations Act 2001) and based solely on the assessment of the investment merits of the financial product on this basis. It is not a specific recommendation to purchase, sell or hold the relevant product(s), and Zenith advises that individual investors should seek their own independent financial advice before investing in this product. To view the relevant research information, please visit www.latrobefinancial.com The rating is subject to change without notice and Zenith has no obligation to update this document following publication. Zenith usually receives a fee for rating the fund manager and product against accepted criteria considered comprehensive and objective.
2. SQM Research - 4 stars to 4.25 stars - superior, suitable for inclusion on most Approved Product Lists. To view the relevant research information, please visit www.latrobefinancial.com This rating will not take into account your, or your clients' objectives, financial situation or needs. It is up to investors to consider whether specific financial products are suitable for your objectives, financial situation or needs. Research houses receive a fee from La Trobe Financial for rating the product.
3. Lipper Leaders Rating Total Return (Score – 5) Lipper Ratings for Total Return reflect funds’ historical return performance relative to peers. The ratings are subject to change every month. The highest 20% of funds in each peer group are named Lipper Leader or a score of 5 for Total Return. Lipper Leader ratings are not intended to predict future results and does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Thomson Reuters Copyright, All Rights Reserved.
4. Australia Ratings (AFSL 346138) makes every effort to ensure the reliability of the views and rankings expressed in its reports and those published on its websites. Australia Ratings research is based upon information known to it or which was obtained from sources it believed to be reliable and accurate at time of publication. However, like the markets, it is not perfect. This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each rating for their own specific circumstances and realise that not all investments will be appropriate for all subscribers. To the extent permitted by law, Australia Ratings and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Australia Ratings hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.