Charles Joseph La Trobe (1801-1875)
(Picture: From Picturesque Atlas of Australia, 1885, vol 1 p 167, courtesy National Library of Australia)
Charles La Trobe born on 20 March 1801 in London, was put in charge of the settlement of Port Phillip (now Melbourne) by the British
Government at the age of 38 in 1839. In 1851 the settlement was, after much insistence by La Trobe, made into a colony with its own independent finances
and government; La Trobe became the first Lieutenant-Governor. At over 6 feet (190cm) in height La Trobe was imposing.
When he resigned in 1854,
Melbourne was the richest city in the world with a population of 76,560 (having grown from under 2,000 in his 15 year service). As Governor he played an
important role in the social and economic life of Victoria, and during that time La Trobe set aside large areas around Melbourne for parks and was
directly influential in the establishment and development of Melbourne's Botanic Gardens, Melbourne University and a free public library for the city.
He was recognised for his fairness and decisiveness in all his dealings.
Many formidable institutions are named after him in recognition of his contribution. La Trobe University, the famed domed reading room in the State
Library of Victoria La Trobe street, a Federal electoral seat, and La Trobe Financial. We are very proud to continue his tradition of promoting financial independence.
La Trobe Financial
(wikipedia) today is a comprehensive funds management group. We are one of the largest privately held financial services businesses in Australia.We serve over 27,000 customers for both mortgages and investments and have managed mandates in excess of $10 billion dollars to over 100,000 customers, since inception.
| 2012 |
La Trobe Financial Celebrates 60 Years in business and is recognised for the third consecutive year (2010, 2011, 2012) as the “Best Mortgage Fund in Australia” by Money Magazine. |
| 2011 |
La Trobe Financial receives Gold Medal for the second time (2010, 2011) for “Best Mortgage Fund in Australia” by Money Magazine. |
| 2011 |
La Trobe Financial wins Innovation in Funds Management award (ACFS). |
2010 |
La Trobe Financial receives Gold Medal from Money Magazine for Best Mortgage Fund in Australia. |
2008 |
The La Trobe Financial Australian Mortgage Fund is a finalist in two categories in the 2009 ‘Best of the Best’ Money Magazine awards. The Pooled Mortgage Option wins 2nd place for Best Mortgage Fund and 3rd place for Best Cash Management Trust for the Cash and Mortgages Option.La Trobe receives 2nd in Best Cash Management Trust - Non Bank in Australia, awards from Money Magazine. La Trobe opens office in Shanghai China. |
2006 |
Money Management Magazine awards La Trobe Financial 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. Mortgage Loans originated $2.799 Billion (2005: $2.525 Billion) being a record year. |
2003 |
Money Management Magazine Awards La Trobe Financial 3rd in the "Best of the Best" for Cash Management Accounts in Australia. La Trobe Financial Mortgage Fund receives independent Investment Grade Rating. |
2002 |
La Trobe Financial celebrates 50 Years of operation. La Trobe Financial 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 Financial under Supreme Court Directions to take over a Queensland Loans Portfolio. link |
1997 |
La Trobe Financial seeks and obtains a Securities Dealers Licence from ASIC for retail investment offering. |
1994 |
First non-bank "Reverse Mortgage" documented and settled, product trade marked "Seniors Mortgage". |
1990 |
La Trobe Financial pioneer 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 Financial Foundation Trust is formed to assist the community through junior education grants. 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 Financial rated one of the fastest growing non-banks in Australia. |
| 1968 |
La Trobe Financial 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 Financial to offer property and contents insurances to La Trobe Financial customers. |
1962 |
La Trobe Financial 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 Financial 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. |