Latest Credit Quality News

Harmoney Corp Limited posted record profits for FY26, driven by strong loan growth, improved margins, and automation gains, while setting ambitious FY27 profit guidance.

MoneyMe Limited grew its loan book by 34% to $2.08 billion in FY26, boosted by record originations and improved credit quality, while reducing its net loss by 40%.

National Australia Bank’s June quarter cash earnings edged up 2% excluding a large notable item, supported by lower credit impairments and steady business lending growth despite rising costs and economic headwinds.

ANZ posted a 3Q26 cash profit of AUD 1.90 billion, modestly up on the half-year quarterly average despite a NZD125 million legal provision. The bank’s capital position strengthened, and strategic integration efforts progress on schedule.

Commonwealth Bank of Australia delivered a solid FY26 with 7% growth in net profit and a strong capital position, while continuing investments in AI and customer protection.

Westpac Banking Corporation reported a 3% increase in statutory net profit to $1.8 billion in Q3 2026, supported by loan and deposit growth alongside stable capital ratios and ongoing transformation efforts.

Wisr has reported its first full-year Cash NPAT profit of $1.0 million in FY26, driven by record loan originations and improved credit metrics, while lifting FY27 guidance to at least $5.0 million.

MoneyMe ended FY26 with a loan book exceeding $2 billion and achieved positive Normalised NPAT in the second half, supported by strong originations and improved credit metrics.

Plenti Group delivered a record quarter with $536 million in loan originations and maintained strong credit metrics, setting a robust foundation for FY27 growth and profitability targets.

Resimac Group has completed its third bond issuance of 2026, raising A$1 billion through a prime residential mortgage-backed securities deal priced at a premium over BBSW. The transaction attracted robust domestic and offshore real money investor participation across multiple tranches.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.

Schoolblazer Group has consolidated its fragmented debt into a $110 million multi-currency facility with Westpac, providing significant headroom for growth and lowering its cost of debt.