Firstmac issues A$1 billion RMBS

Firstmac has completed the biggest issue of residential mortgage-backed securities by a specialist mortgage lender since the financial crisis, raising A$1 billion of funding. read more

Austrac shuts down another remitter

Austrac has cancelled the registration of a Sydney remittance company, FNF First National Finance, after finding it posed a significant money laundering or terrorist financing risk. read more