Latest Lending News

HSBC Bank Australia has agreed to sell its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a significant retreat from retail banking. The deal awaits regulatory approvals and is expected to close in H1 2027.

HSBC Bank Australia is exiting its retail loan business by selling a AUD36 billion home and personal loan portfolio to Blackstone-managed funds, with completion targeted for early 2027 pending regulatory approval.

HSBC Bank Australia has struck a deal to offload its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a strategic retreat from retail lending and a reshaping of its Australian operations.

Pepper Money is set to become the servicer for a massive A$36 billion loan portfolio from HSBC Australia following its acquisition by a Blackstone-controlled entity, aligning with Pepper Money's strategy to expand its capital-light servicing business.

Anson Resources has dramatically expanded its Green River Lithium Project resource and confirmed robust project economics, while sealing a key agreement with POSCO for a demonstration plant funded by the Korean industrial giant.

Beforepay Group capped FY26 with a robust quarter, delivering record net transaction margins and a significant new credit facility that cuts funding costs.

N1 Holdings delivered a record quarter for settlement volumes and cash receipts despite a tough interest rate environment, driving a 10% rise in FY26 revenue to $21.67 million and $1.21 million net profit before tax.

Thor Energy reported a robust cash position of A$2.8 million at June 30, 2026, and confirmed natural hydrogen concentrations up to 3% at its HY-Range Project. The company awarded a fully funded 464 line-kilometre 2D seismic survey to Velseis, marking a key step towards drilling.

Corazon Mining has transformed its Western Australian gold portfolio by securing the Chalice Gold Project for A$25.7 million, backed by a $16.5 million capital raise and Westgold's strategic 19.9% stake. Early drilling success at Two Pools and new targets at Feather Cap set the stage for an active exploration push.

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.

Falcon Metals has cleared regulatory and heritage hurdles to launch its maiden drilling at the Olsen Well gold target, expanding its footprint along the Errabiddy Shear Zone with promising rock chip results underpinning exploration.

Omnia Metals has delivered its first geochemical results from Montana projects, highlighting a standout 209 ppm niobium rock sample at Radix and antimony up to 16 ppm at Stibnite Ridge amid a reduced tenure position.