subscribe to our newsletter
La Trobe unveils new investor product

La Trobe unveils new investor product

The non-bank lender has announced the launch of a new product aimed at providing property investors with a “stable source of monthly income” in a “low-yield world”.

La Trobe Financial has announced the launch of its new 90 Day Notice Account, an investment product that allows for short-medium duration investments to be made at an initial variable interest rate of 3.1 per cent, paid monthly. 

The account is intended to provide investors with a “stable source of monthly income” and make funds accessible “generally with 90 days’ notice”. 


“For the past several years, we have been aware of the challenges that investors face in generating a reasonable income in a hyper-low rate environment. The pain is particularly acute for investors who remember paying record-high interest rates on their home loans, only to have savings rates plunge as they enter into retirement,” La Trobe’s chief investment officer, Chris Andrews, said.

“As we have stated repeatedly over the last five years, we believe that this current low interest rate environment will persist for years to come and it is critical that investors take steps to identify alternative income sources.”

Mr Andrews continued: “Our 67-year track record across many business cycles has taught us that a return of capital is just as critical as a return on capital; we have taken that lesson very seriously in designing this 90 Day Term Account.” 

La Trobe, which has a $3.5 billion credit fund, said the new product sits between its 48 Hour and 12 Month Term accounts, at rates of 2.6 per cent and 5.2 per cent, respectively. 

The non-bank lender, which is 80 per cent owned by asset management firm Blackstone, currently has more than $8 billion in assets under management in Australia.

[Related: La Trobe provides $50m debt facility to DomaCom]

La Trobe unveils new investor product


If you have any news, ideas or enquiries for Mortgage Business - please contact This email address is being protected from spambots. You need JavaScript enabled to view it.


Latest News

Regulators could move to set caps on loan volumes for borrowers with high debt-to-income ratios if the housing market recovery continues to ...

The federal Treasurer has welcomed the final budget outcome for the 2019 financial year, which shows that the deficit now equates to zero pe...

The Federal Reserve has slashed rates for the second consecutive month, “reinforcing” the necessity of further cuts to the cash rate in ...


LATEST PODCAST: New lending launches

Do you think the mortgage market will see more consolidation this year?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.