Liberty Financial’s originations growth to drive revenue expansion

Niche service offerings will help defend its customer base, S&P said.

Liberty Financial Group is expected to see revenue growth over the next two years, driven by strong new asset originations.

The Australian non-bank financial institution is expected to see further momentum in new loan originations, extending the 20% increase in originations for the fiscal year that ended on 30 June 2026, said S&P Global Ratings.

“Niche service offerings will help the group defend its customer base and assist its ongoing growth,” S&P said.

Meanwhile, major Australian banks report a slowdown in new home loan applications following changes in the recent federal budget, the credit rating agency said.

Financial asset growth was 3% for the period, which S&P said was due to a slowdown in borrowers refinancing loans elsewhere and run-off as loans were repaid.

“Liberty will likely maintain its strong capital position and sound profit growth over the next two years,” S&P said.

Liberty Financial’s net profit after tax and amortisation rose to A$155.6m, whilst net interest margin is at 2.5%.

It is also expected to maintain a resilient credit quality despite higher interest rates, S&P said.