La Trobe Financial is an Australian founded, owned and operated mortgage lender, established on 3 August 1952 in Melbourne. La Trobe Financial has established and
maintains a broad geographic spread of quality, primarily residential mortgage assets across Australia, with over 80% of securities domiciled in the major capital Australian
cities of Sydney, Melbourne, Brisbane, Adelaide and Perth.
| Today |
La Trobe today is a comprehensive mortgage investment management group, encompassing substantial wholesale investments from some of the world's largest
banking institutions including private Mortgage Investment operations, Insurance Services, Funds Management and Mortgage Servicing administration. We are one of the
largest privately held financial services businesses in Australia, with total assets held and under management at 30 June 2007 exceeding $1.6 Billion. We
serve over 27,000 customers for both mortgages and investments and have lent over $9.3 billion dollars to 96,000 customers since inception. |
| 2008 |
La Trobe receives 2nd in Best Cash Management Trust - Non Bank in Australia, awards from Money Magazine. This represents our third such award since 2003 and represents the quality of our return to investors and the strength of our people. |
| 2007 |
Money Management Magazine awards La Trobe 2nd in the national "Best of the Best" for the best Cash Management Trust - Non Bank in Australia. We reconfirmed our 4 Star rating from PIR, and obtain a new 3 Star rating from Standard and Poor's on our Mortgage Fund operation. |
| 2006 |
Mortgage Loans originated $2.799 Billion (2005: $2.525 Billion) being a record year. |
| 2005 |
La Trobe Mortgage Fund receives independent Investment Grade Rating. |
| 2003 |
Money Management Magazine Awards La Trobe Financial 3rd in the "Best of the Best" for Cash Management Accounts in Australia. |
| 2002 |
La Trobe celebrates 50 Years of operation. La Trobe is also appointed under contract to a WA Liquidator to assist wind down operations of a large $120
million loan portfolio in Perth. |
| 2001 |
ASIC appoints La Trobe under Supreme Court Directions to take over a Queensland Loans Portfolio.
link |
| 1997 |
La Trobe seeks and obtains a Securities Dealers Licence from ASIC for retail investment offering. |
| 1994 |
First "Reverse Mortgage" documented and settled, product trade marked "Seniors Mortgage". |
| 1990 |
Introduction to Australian lending market of a "Lite Doc" loan product a first in Australia. Reinvestment by Group to retail funding arm through
the creation of a specialised Funds Management Division. |
| 1986 |
National Award for "Innovation in Housing Finance" presented by Australia's Prime Minister the Hon. R J Hawke. |
| 1984 |
First large wholesale funding line negotiated leading to a $55 Million institutional funding facility for 95% ratio loans. |
| 1978 |
La Trobe Foundation Trust is formed to assist the community through junior education grants. |
| 1976 |
La Trobe acquires several smaller loan management operators during period of tight credit domestically. |
| 1975 |
The Group's retail deposit taking operation ("La Trobe Permanent") is acquired by Hotham Permanent Building Society (later Challenge Bank, now Westpac) to focus exclusively on wholesale mortgage banking operations. |
| 1972 |
Key sponsor to Jesus Christ Superstar Australian production and La Trobe rated one of the fastest growing non-banks in Australia. |
| 1968 |
La Trobe Permanent Building Society formed in September, 1968. Subsequently the permanent building society operation was acquired in 1975 by Hotham Permanent
Building Society (La Trobe Permanent Building Society Asset size $33 Million in 1975). |
| 1967 |
National & General Insurance Australia Limited signs Heads of Agreement for La Trobe to offer property and contents insurances to La Trobe customers. |
| 1962 |
La Trobe continues successful fund raising and now manages several key funding lines and institutional investors to its business. |
| 1952 |
Founded following registration of specialist lending entity at Corporate Affairs Victoria. La Trobe (our name) is derived from
the name of the first Victorian Governor Charles Joseph La Trobe, recognised for his fair dealings and decisive leadership and vision. One Hundred years
later in 1952, La Trobe was formed to bring the same characteristics to mortgage and funds management. |
