Meet Susan Lawrence – Financial Controller

At Australian Securities, we believe our people are our greatest strength—and today, we’re shining the spotlight on Susan Lawrence, our Financial Controller. With a career that spans continents, funds, and finance teams, Susan brings both depth and warmth to her role. We caught up with her for a candid chat about her journey, what motivates her, and the lessons she’s picked up along the way.

Q&A with Susan Lawrence

What is your role and how long have you been at Australian Securities?

I’m the Financial Controller, and I’ve been with Australian Securities since October 2023—so just over 18 months now.

What do you like most about your job?

It’s a diverse role. Yes, there are core accounting tasks that repeat monthly—like interest collection and investor distributions—but each cycle brings its own challenges, and that keeps things interesting.

I also really enjoy being in the office every day with a great team. They’re smart, fun, and genuinely care about the work. Plus, there’s always something going on—it keeps me on my toes and gives me lots of opportunities to find ways to improve processes.

What’s one of the most important lessons you’ve learned in your career?

Slow down. It’s always better to pause and think than to act quickly and regret it.

Also, trust your instincts. If something feels off, don’t ignore that feeling—take the time to explore it. And use the team around you. I’ve learned a lot from working with people who bring different perspectives and experiences to the table.

Which of Australian Securities’ values do you resonate with most, and why?

Trustworthy, definitely. We’re constantly balancing the interests of both borrowers and investors, so it’s crucial that we act with transparency and integrity. Without trust, I wouldn’t want to be here—it’s that important.

I also connect with Curious—I think staying curious is the best way to keep life interesting, both professionally and personally.

How do you like to spend your time when you’re not working?

I’m usually either Netflix-and-chilling with the family (when I can get my young adult kids to stay home!), out for a run, or enjoying a meal and wine with friends.

Running is a big one for me—I’ve done three marathons. It clears my head, and I sometimes run with one of my sons, which is always a bonus.

What would you do if you weren’t working in finance?

I’d love to be an author—I’ve always been drawn to storytelling. Fiction is my favourite, especially stories that feel real and relevant, even when they’re rooted in science fiction or fantasy. I’d also happily take up acting if given the chance. Something creative and expressive!

What are you currently reading?

I’m reading Stone Yard Devotional—I’d give it a solid four stars. I track all my reads on the Goodreads app. I do love a good review!

Has anyone—or anything—inspired you in your career?

I’ve worked with some really great people over the years who’ve taught me valuable lessons: don’t accept things at face value, always understand the detail, and most importantly, treat people with kindness. You never know what someone might be going through.

Any advice for current or prospective clients?

If it sounds too good to be true, it probably is. Look at the track record and history of who you’re investing with. And don’t be afraid to pick up the phone—speak to your advisor or the investment firm directly. Communication is key, especially when it comes to financial decisions.

Stay tuned for more insights from our talented team. We can’t wait for you to get to know the people who make Australian Securities the trusted partner it is today!

Unlock Your Construction Potential with Our Flexible Lending Solutions

When it comes to funding your construction projects, securing the right loan is crucial to ensure both progress and profitability. Whether you’re a developer, investor, or homeowner looking to build or renovate, we offer tailored financial solutions designed to meet the unique needs of your project. Here’s why our lending options stand out from the rest:

  1. Lending up to 66% of the “On Completion” Value Net of GST
    Our loan structure allows you to borrow up to 66% of your project’s “on completion” value, net of GST. This means you can secure a larger loan based on your property’s anticipated value once construction is complete, providing you with a greater level of funding flexibility.

  2. Full Construction Contract Funding
    Unlike traditional lenders, we fund the entire construction contract amount, which includes GST, contingency, and open space allowances. This comprehensive funding approach ensures you have the full financial support needed to cover every aspect of your construction project without the stress of unexpected costs.

  3. Capitalise Interest or Pay Monthly
    We understand the importance of managing your cash flow during a construction project. That’s why we give you the option to either capitalise your interest within the loan amount or pay it monthly, provided you can demonstrate the required serviceability evidence. This flexibility allows you to choose the most suitable repayment method for your financial situation.

  4. Quicker Turnaround Time Than Major Banks
    Time is of the essence when it comes to construction projects, and delays can lead to costly setbacks. Unlike the major banks, we offer a faster turnaround time, ensuring that your loan application is processed quickly so you can get started on your project without unnecessary delays.

  5. Prompt Progress Payments
    We understand that timely progress payments are crucial to keeping your construction on track. That’s why we ensure that progress payments are made within 24 hours of receiving a quantity surveyor or valuer’s report. This speed ensures that contractors are paid on time, helping to maintain strong working relationships and keep your project moving forward.

  6. Pre-Sale Requirements Assessed on a Case-by-Case Basis
    Every project is unique, and we recognize that pre-sale conditions should not be one-size-fits-all. Our team assesses pre-sale requirements on a case-by-case basis, providing you with the flexibility you need based on your specific circumstances.

  7. Competitive Interest Rates Starting from 8.65% per Annum
    We offer highly competitive interest rates starting from 8.65% per annum, providing you with an affordable option to fund your construction needs. With our transparent pricing, you can plan your project’s finances with confidence.

Conclusion: Our construction lending solutions are designed to offer you the flexibility, speed, and financial security that traditional lenders often can’t provide. From higher loan-to-value ratios and full contract funding to competitive interest rates and rapid progress payments, we ensure that you have everything you need to bring your construction project to life.
Contact us today to discuss how we can support your construction goals with a loan that works for you!

Celebrating 100 years of origins in Financial Services

With origins dating back to 1925, Australian Securities Limited will be celebrating 100 years of origins in financial services this year, a milestone that we are extremely proud of. We plan on marking this momentous achievement toward the end of 2025 and we look forward to including our stakeholders who have been part of making us into the company we are today.

Wars, depressions, recessions, stock market booms and crashes, industrial revolutions, financial meltdowns, disease, medical breakthroughs, even a man on the moon, the foundations of our funds has been through it all and we will be around to see what the next hundred years holds.

Prior to 1966, the funds were used for lending money out and investing money in, pounds, shillings and pence. The funds origins have helped so many borrowers with loans to assist them to achieve their financial goals whilst providing investment returns to our loyal investors, old and new, some of whom are now ASL fourth generation investors today.

Interest rate outlook & Australian Securities Term Fund

The recent rate cut of 0.25% gives borrowers a slight reprieve, however we don’t think RBA Governor Michelle Bullock will be fast to move rates down. We expect the RBA to cut again possibly in September 2025. This is of course assuming economic conditions remain constant. A recession, stockmarket crash, or unexpected inflation could all change this, up or down, among other unexpected events.

Investors can benefit by locking in fixed interest rates to safeguard their income against expected interest rate cuts during this period. It also helps with maintaining purchasing power against inflation. The Australian Securities Term Fund (ASTF) is a great alternative for cash compared to high interest-bearing bank accounts, given that typically around 50% of the fund is invested

Strong Returns in Commercial Property.

The Australian Securities Property Fund (ASPF) has achieved a strong result with the sale of 4/100 Station Street, Nunawading, delivering a 9.45% p.a. capital return and an average rental yield of 9.1% p.a.—a great outcome in a challenging market.

With signs of market stabilisation, we’re actively assessing new commercial property opportunities that could deliver strong medium to long-term returns. As value begins to emerge, now could be an opportune time to invest in industrial property before potential interest rate cuts impact capitalisation rates. We’re also closely monitoring key sector trends, particularly in undersupplied property segments, and will keep you updated. Stay tuned for more insights and opportunities!

Understanding ‘As Is’ vs ‘As If Complete’ Property Valuations in Private Lending

One of the biggest challenges in private lending is the misunderstanding of ‘As Is’ versus ‘As If’ property valuations. Many investor losses occur when loans are extended based on an ‘As If Complete’ valuation, which estimates the property’s future value after development is completed.

Key Differences:

  • ‘As Is’ Valuation: Reflects the current market value of a property.
  • ‘As If Complete’ Valuation: Estimates the future value based on completed construction or improvements to be made to the property.

Example Scenario:

A block of land in Melbourne valued at $1 million ‘As Is’ could support a $600,000 loan with relatively low risk. Even if the market drops 20%, investor capital remains largely protected.

However, if a developer plans to build four townhouses on that land and a valuer estimates an ‘As If Complete’ valuation of $4 million, a lender might approve a $2 million loan. If the developer fails to complete the project, the actual property value may be far less than $4 million, putting investor capital at serious risk.

Market Risks & Due Diligence
Recent cases, such as the Public Hospitality Group in Sydney, have shown how ‘As If Complete’ valuations can fall short when it’s time to sell, leading to significant investor losses.

At ASL, we closely assess ‘as if complete’ valuations to ensure the proposed works are feasible. To protect all parties involved with the project, ASL holds the funds to complete the proposed works to achieve that ‘as if complete’ complete value.

Key questions to ask before investing:

✔ Does the valuer have adequate insurance?
✔ What is the lender’s valuation policy?
✔ Who controls the funds to complete the proposed works?

Final Thoughts

Higher returns often mean higher risk—especially when lending against future property values. If you’re unsure, research, ask questions, and understand the risks.

At ASL, we are always available to discuss how we price returns and manage investment risks. 

Call Australian Securities on 1300 275 275 and talk to our investment team.

.

Meet Gavin Thompson – Head of Investments at Australian Securities

At Australian Securities, we believe that the people behind the numbers make all the difference. So, we’re thrilled to introduce our new Head of Investment Gavin Thompson. He has been with us for just four months but has already made an impact with his sharp insights, client-focused approach, and (let’s be real) his love for all things office banter.

With two decades of financial planning experience under his belt, Gavin’s journey has taken him from banking’s high-flying world of investment advisory to running his own private financial planning practice for 10 years. He’s brought that deep experience and out-of-the-box thinking to ASL which we are super excited to see what that brings.

Q&A with Gavin Thompson

What’s your role at Australian Securities, and how long have you been with us?

I’ve been the Head of Investment for four months now—and it’s been a whirlwind! From strategic planning to managing client portfolios, every day is a fresh challenge, and I’m really loving it here.

What do you enjoy most about your job?

Hands down, it’s the people that make it all worthwhile. The team here is fantastic, and the client relationships I’ve built are incredibly rewarding. The daily intellectual challenges keep me on my toes, but what really ties it all together is the office banter. It’s what makes work feel like home! Bring it all together.

What’s the biggest lesson you’ve learned in your career?

Don’t take business personally. It’s much easier said than done, but learning to separate the two has helped me stay balanced and effective in my work.

Which of Australian Securities’ values resonates with you most?

I genuinely connect with all of our values, but if I had to pick one, it would be ‘caring.’ Being empathetic and understanding goes a long way, not just in business but in life. Caring about people’s wellbeing leads to stronger, more meaningful connections—both professionally and personally.

How do you like to unwind outside of work?

I’m big on family time. Whether we’re out and about or just hanging around the house, that’s where I recharge. I also hit the gym regularly, love watching sports, and when I get the chance, you’ll find me by the water fishing.

If you weren’t in this role, what would you be doing?

If I wasn’t in finance, I’d probably be a psychiatrist. I find the human mind and psyche absolutely fascinating, and I’ve always had a desire to help people navigate their challenges.

Who has influenced your life and career the most?

My late mum. She was an incredible woman who showed me what true resilience looks like. Despite her health battles, she always put others first and cared deeply for everyone around her. She’s been my biggest inspiration.

What’s your top piece of advice for clients?

We love working with our clients, and no question is ever too big or too small. Never hesitate to ask—we’re here to support you every step of the way.

Your biggest accomplishment personally.

Would have to be my kids. Two teenage boys who make me proud on so many levels. I am also a passionate ambassador for Beyond Blue, helping raise awareness about mental health.

Economic predictions for 2025?

Looking ahead to 2025, I predict there will be increased volatility in the lending and investment markets, which I see as an opportunity for ASL as a private lender. With ASL’s solid track record over many, many years in the finance landscape, I am confident the company is well-positioned to navigate and thrive through any challenges ahead.

Stay tuned for more insights from our talented team. We can’t wait for you to get to know the people who make Australian Securities the trusted partner it is today!

Mortgage Funds – High Risk or Misunderstood?

In the insurance world, when you hear the words “Mortgage Funds” they are typically accompanied with alarm bells. However Mortgage Funds come in many shapes and sizes, with the real test of pedigree being what comes out of the Fund Managers ‘broom closet’ upon further inspection. Numerisk’s Managing Director Richard Silberman along with CEO of Australian Securities Limited, Natalie Bode debunk the misconception that all Mortgage Funds are high risk in this insightful article.

It’s commonplace to see challenges for advice practices around specific classes of products when securing PII coverage. These challenges aren’t limited exclusively to financial planning firms working with retail investors; many wholesale and retail fund managers can face similar roadblocks when it comes to certain asset classes. For advice practices, the more traditional hot buttons like agri-scheme investments, Margin products or those that are highly geared or leveraged, and, more recently, cryptocurrency. For funds, it’s property, private capital opportunities, and alternatives to name but a few.

Of these products that have, and will likely continue to attract a high level of scrutiny are mortgage funds. Specifically, those backed by solicitors or private lenders whose borrowers are limited in the more traditional lending market. Developers or builders looking to finalise projects at various stages that are viewed as high risk, bridging finance when existing lenders may have LVR restrictions or other parameters that are too conservative for the borrower to overcome.

But are these difficulties always justified? Is there a way to decipher what determines which of these funds and managers constitute a good risk or are all of these products viewed as high-risk and something to avoid?

Numerisk spent some time more recently with Natalie Bode, CEO of Australian Securities Limited, a privately managed investment firm that specialises in mortgage funds that aren’t spruiking too-good-to-be-true returns and see value as a guiding principle to the way they approach investing.

“Not all mortgage funds & private credit providers are the same. Some providers spruik returns of 10% plus which is considered to be way above market for first mortgage investing particularly when bank loans are offering fixed 1 year lending rates from 5.74%. When considering mortgage funds, it is important investors and their advisers conduct due diligence on the provider. Due diligence should extend to a manager’s history, licensing, external auditing & compliance reporting requirements, insurance requirements, valuation policy, information on what security the investors are receiving in return for their investment, mortgage arrears and their default management process and the level of due diligence they undertake on a borrower.

Mortgage Fund investing should be considered as a fixed income alternative, whilst higher up the risk curve than a bank term deposit, if managed correctly can be considered as a relatively low risk alternative with attractive returns.

Borrower due diligence is key to success of a manager as it tells you about how they value your money. Many private credit providers spruik ‘no doc’ and ‘low doc’ products in the market. Often these products are on non-regulated loans and therefore fall outside the scope of regulators’ ‘responsible lending’ guidelines. However, as an experienced manager who is proactive in looking after the best interests of both borrower and investor –it is in everyone’s best interest to lend responsibly and obtain suitable information to ascertain the suitability of a loan for a borrower.”

A consideration for Mortgage Funds is the broader macro environment for residential and commercial Real Estate, recent coverage in the AFR in January spoke to a survey undertaken of economists that reflected a bearish sentiment with expectations of an average growth across Australia of 3.1%. In April, a mere 3 months later, expectations grew to more than 5%. Australia’s love for property and “bricks and mortar” seems to show a resilience that few can deny.

Shane Oliver, Chief Economist at AMP Investments, said in a post from Olivers Insights in early June; “Conditions in Perth, Brisbane and Adelaide continue to be very strong, helped by relatively lower levels of supply evident in total listings running more than 30% below their five-year averages, and strong interstate migration in the case of Brisbane and Perth. But this contrasts with far more constrained conditions elsewhere. Sydney has made it back to its record high but only just and the other capitals remain well below their record highs. Melbourne and Hobart are seeing total listings well above their five-year average”

So, it’s possible to achieve exposure to asset classes, often considered high-risk under the stewardship of high-quality managers for the right investors with the right strategies. How then can advisers ensure they don’t run into trouble with PII for their advice practice or AFSL?

“Making sure insurers have a strong understanding of the fund – its investment managers, the assets under management, and the mandate is a great start.” Richard Silberman, Managing Director of Numerisk, said, “We spend a lot of time working through APLs with products we know will attract attention like mortgage funds. There is an analogy that comes to mind, No dog is bad, they just have bad owners and the same can be said for investment products.

When the fund manager can speak to consistent, reasonable returns that are sustainable or volatility that aligns with more obvious macro factors, the underlying mechanics of the fund stack up, and we can positively say that there are no irregularities – then the shift turns away from the product conversation to the adviser and the advice. The first step, however, is ensuring that the fund is sound; then, we work through how the product is being sold, to whom, and on what basis. At the end of this process, we can explain this to insurers as well as the adviser or the manager, and this is how we consistently achieve the results we do in the market”.

In short, following a firm methodology that means spending the time to understand the risk at the product level as the first step and subsequently at the advice. When insurers have a full understanding it can mean that these products can be utilised and clients can see the benefits as they are incorporated into the advice strategy.

For more info, Call Australian Securities Limited on 1300 275 275 or email via our contact us page

Meet Jassika Sothinathan – Operations Manager at Australian Securities

At Australian Securities, our team is the heart of our success. Today, we’re delighted to introduce you to Jassika, our Operations Manager, who has been an integral part of our team for the last two years.

"It has been an absolute pleasure having Jassika on our team for the past two years. She is the glue that holds us together. Jassika's problem-solving skills and adaptability in a dynamic financial environment are highly valued by everyone at ASL."

Q&A with Jassika Sothinathan

It was clear that Jassika loves her role and the supportive team at Australian Securities when we caught up to learn more about her. Here’s what she had to say.

Q. Tell us about your role at Australian Securities.

Jassika’s role at Australian Securities is multifaceted and ever-evolving. From system improvements to problem-solving, she navigates the daily challenges with a smile. “What I love most about my job is the dynamic nature of the role,” Jassika shares. “Each day brings new challenges and opportunities for problem-solving, which keeps me on my toes and is, in turn, rewarding. It never gets boring.”

Q. Name one of the most important lessons you’ve learnt throughout your career.

“One of the most valuable lessons I’ve learned throughout my career is the importance of adaptability,” she reflects. “Embracing this mindset allows me to stay flexible and take on any challenges that come my way.” She believes her ability to adapt has allowed her to thrive in the fast-paced world of finance.

Q. Which Australian Securities value do you resonate with the most and why?

When asked about the Australian Securities value that resonates with her the most, Jassika doesn’t hesitate. “The value I resonate the most with is Trustworthiness. Trust is the foundation of any relationship, whether with clients, colleagues or personal relationships. It ensures that we create strong, lasting, loyal relationships and uphold the highest standards in everything we do.”

At Australian Securities, trust is at the core of what we do. We understand that our clients and the financial advisors we work with entrust us with their financial futures. As Jassika emphasises, by consistently delivering on our promises and communicating transparently, we strengthen these vital bonds.

Q. How do you like to spend your time when you aren’t working?

Jassika has an entrepreneurial spirit inspired by her parents, who started their own business when she was just 5. “If I weren’t in Finance, I would probably run my own business,” she shares. “Seeing my parents run their own business and create a name for themselves in the community is inspiring.”

Q. What would you do (for a career) if you weren’t doing this?

Outside of work, Jassika’s passion lies in Indian dancing. “When I’m not working, you’ll find me dancing or choreographing,” she explains. “I’ve learnt classical Indian dancing from the age of 5, and I now run a side gig with my friend where we perform at various events and teach wedding dances, which is a big part of South Asian culture.” This creative outlet provides a beautiful balance to her analytical work at Australian Securities.

Q. Do you have a favourite person, book, blog or podcast that has influenced your life and career?

Jassika says her mother has had the biggest influence on her life and career. “My mum instilled my core values in me and is also the reason I got into dancing. She taught me the importance of integrity, responsibility, and always giving 100% in everything you do.”

If there were one piece of advice you would have to share with existing and prospective clients, what would it be?

For our clients, both existing and prospective, Jassika has one key piece of advice: “One piece of advice I would share with existing and prospective clients is to always be transparent and communicate openly. Help us help you.” At Australian Securities, we’re here to serve our clients’ needs in the most effective way possible, and open communication is essential to that process.

We’re proud to have Jassika as part of our Australian Securities family. Her commitment to trust, adaptability, and excellence embodies the values we hold dear. As we continue to serve our clients with their lending and investment needs, we know that with team members like Jassika, we’re in the best hands possible.

Want to find out more about our loan division?

Call us on 1300 275 275 to talk to one of our team. We prioritise direct communication and personalised support for our clients.

If you liked this article, please share.

The state of investment in Victoria

Opinion: The State of Investment and Finance in Victoria – An Urgent Call for Policy Reform

Australia’s investment landscape, particularly in Victoria, is currently grappling with a multitude of challenges that demand immediate and thoughtful policy intervention. With housing shortages, escalating building costs, and stifling government policies, the path to securing viable investment opportunities has never been more perilous.

Housing Shortages and Rising Costs

Victoria’s housing market is under intense pressure, exacerbated by surging construction costs and restrictive government policies. Stamp duty, a significant one-time tax imposed on property transactions, is particularly burdensome. With the Victorian Government levying some of the highest stamp duty rates in the country, potential homeowners and investors alike are finding it increasingly difficult to justify investments in this market.

A more pragmatic solution could involve stamp duty concessions, particularly for first-time buyers and developers. As the Victorian Council of Social Service (VCOSS) and other reputable sources have noted, these targeted concessions could not only alleviate some of these pressures but also stimulate more investments in the state’s property market, offering a glimmer of hope in these challenging times.

Construction and Labour Costs

Building materials and labour costs have skyrocketed, partly driven by the Victorian Government’s substantial infrastructure projects. While these projects are necessary for the state’s development, they have inadvertently strained the available trade supply, pushing prices higher and making private development less financially viable. The limited availability of land further compounds these issues as developers struggle to find affordable plots to break ground.

Environmental Taxes and Their Impact

Environmental taxes, while necessary for sustainability, present an additional financial burden for investors. This creates a delicate balancing act where government policies must also consider the economic implications of these taxes. Realistic, phased approaches to environmental levies could ensure that investments remain attractive while still promoting ecological responsibility.

The Federal Government’s Housing Supply Commitment

The Federal Government’s commitments to boosting housing supply are commendable, yet they fall short of addressing the ground realities in Victoria. Young Australians increasingly rely on their families to secure substantial loans, with average loan amounts of $600,000 and upwards towards $970,000 in some areas. This trend only underscores the urgent need for comprehensive policy reforms to make housing accessible.

The Impact of the COVID Levy

Another significant hurdle is the COVID levy, which compounds the financial stress on both residential and commercial property owners. These additional taxes are driving potential investors away from Victoria, looking towards more economically favourable regions such as Perth and South Australia.

Land Tax Increases and Foreign Investor Levies

Steep land tax increases are another critical issue. These taxes inadvertently stifle commercial and industrial investments. Property owners face the threat of vacancy as commercial renters find themselves unable to cope with rising rent demands. The imposition of foreign investor levies further dissuades global capital, which is crucial for the state’s long-term economic health.

The Need for Systemic Change

The multifaceted issues besetting Victoria’s investment landscape cannot be resolved through short-term fixes. The government needs to adopt a holistic, long-term approach that involves revisiting and potentially revamping current tax policies. Addressing the concerns of both local and foreign investors requires nuanced policy decisions backed by thorough research and stakeholder engagement.

A Call for Accountability and Transparency

There is a pressing need for government accountability in financial decision-making. Reactionary policies driven by political agendas offer no sustainable solution. Australians, including sophisticated investors, seek clarity and certainty about the future. This involves a transparent discourse about fiscal policies and a coordinated approach between the Reserve Bank of Australia’s (RBA) efforts to manage inflation and the Federal Government’s fiscal initiatives.

Committed to Finding Solutions

Victoria stands at a critical juncture. Encouraging investment and fostering economic growth requires a concerted effort to reform current policies that stifle financial opportunities. Despite these challenges, Australian Securities remains committed to offering innovative solutions—such as reduced presale requirements and alternative investment opportunities—to help stimulate the property market.

Ultimately, systemic change is imperative. We must shift from short-term, reactionary policies to forward-thinking strategies that will ensure long-term stability and growth. Together, we can pave the way for Victoria’s more prosperous and sustainable future.

Choosing a Private Credit Lender Wisely

Are you choosing your private credit lender wisely? Discover what to ask to ensure you aren’t taken to the cleaners by your private credit provider.

Private Credit: A Guide to Choosing Your Lender Wisely

In recent years, the private credit industry has emerged as a beacon for those seeking alternatives to traditional bank loans. With its promise of greater flexibility and speed, private lending has attracted many borrowers, from individuals to institutional investors. However, this burgeoning market has not been without its challenges. As the International Monetary Fund (IMF) highlighted in its Global Financial Stability Report of April 2024, the private credit market is in need of “more vigilant regulation and supervision” to safeguard its integrity and protect lenders from potential vulnerabilities.

Important Considerations When Choosing a Private Credit Provider

As the private credit sector evolves, lenders and borrowers must tread carefully and exercise due diligence to ensure they engage with reputable, ethical, and transparent credit providers. Here are the essential considerations and questions we recommend to guide you through the process of choosing a private credit provider that aligns with your financial goals and needs safely.

Licensing and Registration: Your First Line of Defence.

Before entering into any agreement, verify the provider’s credentials. Ensure they hold an Australian Credit License (ACL) or an Australian Financial Services (AFS) Licence. Licensing is a fundamental requirement that signifies the lender’s adherence to the legal and regulatory frameworks designed to protect consumers.

The Importance of AFCA Registration

Registration with the Australian Financial Complaints Authority (AFCA) provides an additional safety net, offering a pathway for dispute resolution, should there be a need. Engaging with a lender registered with AFCA ensures you have recourse when the service or conduct falls short of expectations.

Transparent Financing Sources and Solid Track Records

Understanding where your lender sources its funds can provide insights into its stability and ethical standing. Furthermore, a lender with a documented history of fulfilling its loan commitments indicates reliability and trustworthiness.

Expertise and Due Diligence

Reviewing a lender’s length of operation and market experience can tell you whether they have historically been a good provider or not. While seemingly cumbersome, a rigorous due diligence process is a positive indicator. It shows that the lender is committed to responsibly assessing loan suitability and minimising risks for all parties involved.

Financial Hardship Practices

Life is unpredictable, and financial hardship can affect anyone. Ask about the lender’s policies regarding financial hardship and how they address loan defaults. An ethical lender will seek to work with clients rather than resort to punitive measures immediately.

Avoiding the Traps

Beware of lenders recommending dubious practices, such as setting up a company name for personal loans. Such proposals not only contravene regulations but strip away the protections they afford you.

The Role of Financial Advisors and Brokers

If you need more clarification about navigating the private credit landscape, consider engaging the services of a financial advisor or broker. These professionals can be invaluable in steering you toward reputable lenders and ensuring that your financial needs are met responsibly and ethically.

Why Choose Australian Securities

In a marketplace that demands vigilance, Australian Securities presents a bastion of integrity and reliability. Our heritage, spanning nearly a century since our inception in 1925, is a testament to our commitment to ethical lending and intelligent investing. Licensed and future-facing, we embody the principles of effective oversight and proactive management.

Navigating Regulatory Evolution and Its Impact

As the regulatory environment surrounding private credit tightens in response to calls for increased oversight, Australian Securities is committed to proactive adaptation and unwavering ethical adherence. This positions us to be ready to navigate and thrive within the evolving regulatory requirements. For our borrowers, this means they are partnering with a lender that is committed to compliance and also dedicated to fair, transparent lending practices that safeguard client’s interests.

It’s better not to chance it

In the sea of private credit options, equipping yourself with knowledge and asking the right questions is critical to identifying providers that value transparency, integrity, and ethical practices. In choosing a lender like Australian Securities, you align yourself with a partner dedicated not just to financial gains but to fostering trust and long-term success in Australia’s vibrant financial landscape.

Whether you are looking for a tailored mortgage loan, a complex loan, or to refinance your clients, Australian Securities has you covered. Our Finance team will work closely with you to create a loan that meets your needs.

Still not sure…

Call us at 1300 275 275 to talk to one of our finance managers or lending executives. We prioritise direct communication and personalised support for our clients.

If you liked this article, please share.

Michael Clarebrough – Australian Securities Team Member Profile

When you sit down with Michael Clarebrough, you’re immediately struck by his breadth of experience and his pivotal role in shaping Australian Securities into what it is today. With a career spanning over five decades at the firm, Michael’s journey mirrors the evolution of the financial industry itself—from the days of manual mortgage documentation and ‘plug and talk’ phone systems to leading technological and procedural advancements in the sector. His knack for devising pragmatic solutions to complex challenges has propelled Australian Securities forward and contributed significantly to wider industry practices.

Michael’s story is of constant learning, innovation, and an unwavering commitment to fostering a supportive, people-centric culture within Australian Securities. His contributions have been instrumental in developing solutions that help clients overcome their financial hurdles. Beyond his professional legacy, Michael’s approachable manner and profound insights offer a glimpse into the ethos that underpins Australian Securities—a dedication to excellence, innovation, and mutual respect among all stakeholders.

Q&A with Michael

Q&A with Michael was fascinating. He has seen so much change and has been instrumental in some of that change. Here’s what he had to say.

Q. What is your role, and how long have you been at Australian Securities?

I am currently the General Counsel and an Executive Director, a journey that started on 5 February 1973. The finance and investment landscape has evolved dramatically over the last 51 years, and I’ve had the privilege of evolving alongside it, from my early days to becoming CEO in 1986 to pioneering our managed investment schemes.

Q. What do you like most about your role?

One of the most satisfying parts of my work is distilling complex financial situations into actionable, understandable solutions. There’s a unique satisfaction in devising innovative financial products that elevate our standing in the financial community and genuinely deliver results for our members.

It is not uncommon to witness the full cycle of a finance client becoming an investor or a peer choosing to invest with us, and this is profoundly rewarding.

Q. Name one of the most important lessons you’ve learnt throughout your career.

There is an interdependence between investors and borrowers; they need each other. Without the other, they don’t have a mortgage security for income or finance for their business or residence.

Q. Which Australian Securities value do you resonate with the most and why?

The value of professional respect for all stakeholders is a guiding principle that informs how we engage with everyone inside and outside our business. We need to balance the needs of our clients. Without investors, we cannot finance a loan, yet without a fair interest rate, you cannot expect clients to invest.

Q. How do you like to spend your time when you aren’t working?

I like to spend my time away from work in several ways. These include gardening, walking, spending time with friends, and building model ships and dollhouses.

Q.What would you do (for a career) if you weren’t doing this?

That’s a tough question. If I had to pick a new career, it would follow my interests, so perhaps a social worker, a garden landscaper or a builder of model ships and dollhouses.

Q. Do you have a favourite person, book, blog or podcast that has influenced your life and career?

Simon Sinek’s insights on leadership and the principles of TQM have greatly influenced my professional philosophy, particularly the emphasis on quality and productivity. He also taught me to avoid proud, unconsciously incompetent people.

On a personal level, my grandfather, a multifaceted person, a Brigadier in the Australian army and post war dental surgeon who sat on his grandfather’s shoulders outside 80 Collins Street to watch the first motor car drive along Collins Street Melbourne, following a man in a white coat ringing a bell to warn bystanders to be careful. He taught me the value of authenticity and the impact one can make by “just being yourself”.

If there were one piece of advice you would have to share with existing and prospective clients, what would it be?

The KISS principle—Keep It Simple, Stupid—has always been a mantra I live by. The financial world is complex enough; understanding should not be. I urge clients to seek clarity and simplicity in all their dealings. If something doesn’t make sense, ask again. If it still doesn’t make sense, it’s time to GOQ—Get Out Quick! I’ve shared this advice with every client and member.

Leaving a legacy

Michael’s deep-rooted experience and wisdom showcase the legacy he has built at Australian Securities and the forward-thinking ethos that propels the firm toward success.

Want to find out more about us?

Call us on 1300 275 275 to talk to one of our Lending or Finance Managers. We prioritise direct communication and personalised support for our clients.

If you liked this article, please share.