How it all began

Founded by Ray O'Neill in 1952, who held the belief that home ownership was the foundation of all financial independence. "The opportunity to acquire your own home is a central tennant of our economic freedom and a measure of our success as a country" (RK O'Neill 1982). Sixty Five years later, our cause has never changed and remains the cornerstone of all employee training. It's through this belief in homeownership that La Trobe Financial is now Australia's leading non bank credit specialist & funds manager.

An insight into Ray's approach can be found in his book “Job Fever – Breaking the Job Shackle”. His personal journey from wage earner to financial independence written when he was 78 years of age.

Corporate Years (2002 - Present Day)

2017

For the 8th consecutive year, renowned finance journal, Money magazine, recognised La Trobe Financial as the "Best Mortage Fund" in Australia. In addition, La Trobe Financial was awarded Asset Manager of the Year (Asia Pacific) and Non-Bank Lender of the year from IAIR in Hong Kong.

2016

For the 7th consecutive year, renowned finance journal, Money magazine, recognised La Trobe Financial as the "Best Mortage Fund" in Australia. La Trobe Financial named as Best Investment Managment Company for the third year in a row by International Finance Magazine as well as Best Specialist Lender - Australia. La Trobe Financial is also awarded Asset Manager of the Year - Mortgage Funds (Asia Pacific) for the fourth year by IAIR in Hong Kong as well as Best Specialist Lender (Australia). La Trobe Financial also launched the new an innovative Aged Care Loan, further cementing its broad specialist product suit credentials.

2015

La Trobe Financial finalist for Innovation Max Awards for P2C® Parent to Child Loan. Recognised for the 6th consecutive year as Australia's "Best of the Best Mortgage Fund" by Money Magazine. Best Non-Bank Lender - Finalist: best turnaround times, best self-employed, best commercial lender, best SMSF lender, best BDM support. Australia's Lending Awards - Finalist Best Specialist Lender. Awarded "Best Mortgage Fund Asia Pacific" by IAIR in Hong Kong, and "Best Funds Management Company - Australia" by International Finance Magagzine.

2014

La Trobe Financial is recognised for the fifth year in a row as Australia's "Best of the Best Mortgage Fund" by Money magazine. Additionally awarded "Best Mortgage Fund Asia Pacific" by IAIR Awards in Hong Kong, and also awarded "Best Funds Management Company - Australia" in London by Internation Finance Magazine

2013

International recognition for excellence in Funds Management and excellence in Mortgage Asset Management from IAIR Awards presented in Hong Kong February 22nd. La Trobe Financial is also recognised for the fourth consecutive year (2010, 2011, 2012 and 2013)

2012

La Trobe Financial celebrates 65 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. La Trobe Financial also wins Innovation in Funds Management award (ACFS). ASIC again works with La Trobe Financial to achieve compliance for investors in property development. ASIC Statement: 22 Aug 2011

2010

La Trobe Financial receives Gold Medal from Money magazine for "Best Mortgage Fund in Australia".

2008

The La Trobe Financial Australian Credit Fund is a finalist in two categories in the 2009 "Best of the Best" Money magazine awards. The 12 Month Term Account wins second place for Best Mortgage Fund and 3rd place for Best Cash Management Trust for the Cash and Mortgages Option. La Trobe Financial receives second in Best Cash Management Trust - Non Bank in Australia, awards from Money magazine. La Trobe Financial opens office in Shanghai China.

2006

Money magazine awards La Trobe Financial second 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 Credit Fund operation. Mortgage Loans originated $2.799 Billion (2005: $2.525 Billion) being a record year.

2003

Money magazine Awards La Trobe Financial third in the "Best of the Best" for Cash Management Accounts in Australia. La Trobe Financial Credit 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.
Teen Years (1975 - 2001)
2001 ASIC appoints La Trobe Financial under Supreme Court Directions to take over a Queensland Loans Portfolio. ASIC Statement: 17 May 2001

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". Read article >

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 Financial 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.
Early Years (1952 - 1974)
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 on Wednesday 6th August 1952 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 Financial was formed to bring the same characteristics to mortgage and funds management.