Latest Winding Up News

La Trobe Financial’s 12-trust FY2026 report shows a sharply expanded securitisation platform, with $20.1 billion issued across 23 RMBS transactions since 2014 and cumulative losses of 0.03% of original issuance. The audited report also highlights rising loan pools, new liquidity draws and the liquidation of two called trusts.

La Trobe Financial’s residential mortgage-backed securities program expanded to $20.1 billion of issuance across 23 transactions, while cumulative losses remained at 0.03% of original issuance. The audited FY2026 report also records a further $1.25 billion transaction completed after year-end and highlights the continuing wind-up of older trusts.

La Trobe Financial’s 12 audited residential mortgage-backed securities trusts reported cumulative losses of just 0.03% of original issuance volume, while the broader group’s assets under management climbed to $24.9 billion. A new $1.25 billion transaction completed after year-end extended the platform’s funding momentum, although one called trust remains in wind-up limbo.

La Trobe Financial’s 12 audited residential mortgage-backed securities trusts reported continued portfolio expansion and low cumulative losses, with a further $1.25 billion transaction completed after year-end. The accounts also show rising credit loss allowances in newer pools and three trusts moving through call or wind-up processes.

La Trobe Financial’s securitisation platform reached $20.1 billion in cumulative RMBS issuance, while reported losses remained at just 0.03% of original issuance volume. The FY2026 report also records a $1.25 billion transaction completed after year end and continued expansion across newer mortgage pools.

La Trobe Financial’s audited FY2026 report points to continued expansion in its residential mortgage-backed securities program, with $20.1 billion issued across 23 transactions and cumulative losses of 0.03% of original issuance. The report also flags growing loan pools, fresh liquidity usage and a $1.25 billion transaction completed after year end.

La Trobe Financial’s securitisation platform expanded to $20.1 billion of cumulative RMBS issuance, with reported losses of just 0.03% of original issuance. Its latest annual report also records $1.25 billion of post-year-end issuance and continued growth in the underlying mortgage pools.

Otto Energy delivered a sharp rise in FY26 profit and operating cash flow, but the improvement came alongside falling production, depleted reserves and an unresolved asset monetisation plan. The debt-free oil and gas producer is now weighing a shareholder cash return while pursuing separate strategies for SM 71 and GC 21.

Arafura Rare Earths has extended a binding offtake agreement covering up to 500 tonnes a year of NdPr oxide from its Nolans Project. The deal adds multi-year sales coverage, but leaves the counterparty, pricing formula and financial value undisclosed.

South Port New Zealand delivered record FY26 earnings and cargo volumes, lifting its annual dividend to 29.0 cents per share. The next test is whether its core Southland trade can hold up as one-off wind farm cargo disappears and the port enters a leadership transition.

Meridian Energy’s generation rose 21.1% year on year in August as strong hydro and wind conditions pushed national storage to 155% of historical average. But average generation prices fell 62.3%, highlighting the tension between abundant supply and weaker market pricing.

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.