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HSBC Sells Its A$36 Billion Australian Home and Personal Loan Portfolio to Blackstone

August 01, 2026

Reviewing your home loan What Was Announced On 31 July 2026, HSBC Bank Australia announced it has agreed to sell its Australian home and personal loan portfolio to Blackstone. The portfolio has a book value of approximately A$36 billion (about US$25 billion). It will be acquired by Virgo BidCo, a v…

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Finance And Loans

Cashback or Low Rates - What's Best When Refinancing?

November 18, 2024

Refinancing What Motivates You to Refinance? When choosing a home loan, borrowers often compare the benefits of lower interest rates against cashback offers. Cashback offers provide a lump sum payment after loan settlement, offering immediate financial flexibility. On the other hand, lower interest…

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