News

A jump in unemployment renews expectations for interest rate cuts

The unemployment rate spiked to a four year high of 4.5 per cent in September, up from 3.4 per cent at the low of the cycle and is now above the RBA’s forecast made in August for a peak of 4.3 per cent. The result rekindled expectations for further interest rate cuts, as soon as its next meeting on 4 November.

Recall that under the revised mandate of the RBA, maintaining full employment sits along side the inflation target as a fundamental objective of the Bank. The key data ahead of the next RBA meeting is the September quarter inflation data which is scheduled for 29 October.

Zagga Fund Update – For the Quarter ended 30 September 2025

As we look ahead, Zagga remains focussed on maintaining disciplined credit standards, protecting investor outcomes, and identifying opportunities that continue to deliver reliable income returns with capital preservation at it’s core. We thank our investors for their continued confidence and support.

More SMSF interest for private credit

SELFMANAGEDSUPER
The recent experience of a fund manager specialising in private credit suggests more SMSF trustees are looking to include this asset class in their fund portfolios.

“This year since 1 July, that is the start of the financial year, over 30 per cent of the new entities that have been registered for investment with our business have been SMSFs,” Zagga executive director Tom Cranfield told selfmanagedsuper.

Private credit manager joins UN PRI

FS SUSTAINABILITY
Specialist real estate private credit investment manager Zagga has signed onto the UN-backed Principles of Responsible Investing (PRI).

In doing so, Zagga joins a global network of responsible investing advocates, and formalises its commitment to integrating ESG principles into its investment decisions and operational practises.

Zagga adopts UN-backed global Principles for Responsible Investment

INVESTOR DAILY
As a Principles for Responsible Investment (PRI) signatory, Zagga has committed to integrate sustainability factors into all investment stages, from analysis to reporting.

Zagga first established its independent ESG advisory committee back in 2023, which is mandated to advise and oversee the integration of environmental, social and governance (ESG) considerations into Zagga’s investment and operational strategies.

Economic momentum falters — rate cuts back on the table

After several months of encouraging data, the latest figures have brought a dose of reality: Australia’s economic momentum has slowed. Household spending has softened, building approvals have slipped, and sentiment has weakened — prompting renewed speculation that the RBA may deliver another rate cut before the end of the year.

Embedding ESG in Private Credit: Insights from Zagga’s Frank Hageali

As the private credit asset class continues to expand, the role of environmental, social, and governance (ESG) considerations has become central to how investment managers assess risk, manage portfolios, and deliver long-term value.

In a recent interview, Zagga Executive Director, Frank Hageali shared how the firm is integrating ESG into its credit risk process and what this means for investors, developers, and communities.

Private Credit: Why “Filling the Gap” Matters for Australia’s Future

The story is not just about growth—it’s about what private credit represents, both for investors and for the communities who ultimately rely on the projects it funds.
The rise of private credit in Australia didn’t happen by accident. Regulatory changes curtailed the lending appetite of traditional banks, leaving developers and businesses searching for alternative sources of finance. Into that space stepped specialist managers like Zagga, focused on commercial real estate credit.

Rates on hold, consumers in focus

The RBA appears content to leave policy on hold for the foreseeable future. With inflation under control and the economy showing cautious improvement, aggressive rate cuts are unlikely in the remainder of 2025. Any shift in policy is more likely to be down than up — but timing will depend on how consumer demand and the labour market evolve.

Sydney Alts Week 2025

ALTERNATIVE FUTURE FOUNDATION
As part of Sydney Alts Week 2025, our Executive Director, Tom Cranfield, sat down with Nina Dunn, Director of the Alternative Future Foundation

Zagga joins UN-backed Global Principles for Responsible Investment

WEALTH & SOCIETY
The PRI is the world’s leading advocate for responsible investment. Joining its global network formalises Zagga’s commitment to embedding Environment, Social, and Governance (ESG) considerations across investment and operational decision-making and practices.

Nikki Kemp, Singapore-based Independent Chair of Zagga’s ESG Committee, Director of Singapore Green Finance Centre and former World Economic Forum Executive, said this was an important milestone signalling Zagga’s determination to integrate ESG at every level.

Private credit specialist Zagga makes the case for steady income beyond the stock market

STOCKHEAD & THE AUSTRALIAN
When share prices climb faster than profits, dividend yields naturally shrink. So while stocks look elevated, those once-reliable cheques don’t carry the weight they used to.

For income-hungry investors, the hunt is on for something steadier.

One corner of the market that’s quietly moving into the spotlight is private credit – and in particular, real estate-backed private credit.

Investing for long-term wealth? It pays to be boring.

Consistent, steady, predictable returns, along with the magic of compounding, are what protect, preserve, and build capital. When it comes to investing for long-term wealth, it pays to be boring. While equity markets rise and fall, real estate private credit has delivered steady, uncorrelated returns.

While this may seem boring to some investors, for us, that very consistency is what makes real estate private credit worthy of consideration in every investor portfolio.

A moderate economic recovery helps keep inflation on target

Growing evidence of a recovery in GDP growth, including household spending, has seen the futures market pare back pricing for future interest rate cuts. In effect, one 25 basis point interest rate cut has been ‘taken out’ of market pricing in the past month to the point where just two further cuts are priced between now and the middle of 2026.

Commercial to commerciality: Why terms matter in private credit

STOCKHEAD & THE AUSTRALIAN
The term ‘commercial’ has been synonymous with property for decades. It conjures images of office towers, industrial blocks, and retail precincts. However, in the context of commercial real estate debt (CRED) – part of the broader real estate private credit market – commercial doesn’t describe the building, but rather, the underlying loan transaction. It’s about lending to a commercial borrower, typically a developer, and assessing the quality of the sponsor, the project, risk exposure, and execution. Tom Cranfield, Executive Director of Risk & Execution at Zagga, explains why this distinction matters for investors.

Some encouraging signs in the economy as interest rate cuts continue

There is a growing list of economic indicators pointing to stronger growth in consumer spending and sentiment, dwelling construction, business confidence and exports. These more favourable trends have been positively influenced by falling inflation and solid wages growth.

Commercial loans aren’t just about glass towers and malls: Zagga

STOCKHEAD & THE AUSTRALIAN
SMSFs are turning to private credit, says Zagga, which is focused on showing “commercial” lending is less about skyscrapers and more about strong sponsors, steady margins and projects that actually stack up.

Interest rates cut again — what it means for the economy

The Reserve Bank of Australia has delivered its third interest rate cut of 2025, trimming the cash rate by another 25 basis points. Since the start of the year, cumulative rate reductions have begun to pack more of a punch — and the RBA hopes this momentum will help bolster economic growth and prevent unemployment from climbing too far.

Private Credit in Australia: Collaboration, Discipline, and the Path Forward

At the recent Commercial Property & Development Finance Summit, industry leaders came together to discuss one of the most significant shifts in Australia’s commercial real estate finance — the rapid rise of private credit.

From growth to income: Why Division 296 could trigger a shift in investment priorities

SMSF ADVISER
Tax has historically been levied on realised gains – profits made, not valuations. Division 296 breaks that tradition, creating a scenario where investors may owe tax on unrealised gains – values that could just as easily reverse.

This adds complexity for investors: it’s no longer just about selecting asset classes, but about structuring portfolios to manage tax exposure.

How sophisticated investors are accessing the private credit boom

STOCKHEAD & THE AUSTRALIAN
While the benefits of CRE debt are increasingly recognised, one fundamental question persists: how should investors access real estate private credit – directly or via a fund?

Both routes can be rewarding. What also needs to be considered is manager selection and doing your research to understand the structure, liquidity terms, and underlying credit processes. Now is the time to be diversified and defensive; in today’s uncertain investment environment, Australian real estate private credit is being duly recognised as an asset class of choice.

In a choppy world, SMSFs are steering toward calmer waters in private credit

STOCKHEAD & THE AUSTRALIAN
As the dust settles on a turbulent financial year, and Division 296 looms large on the super tax horizon, Aussie investors are waking up to a sober truth: you don’t have to shoot the lights out to build a smart portfolio. Sometimes it’s about holding the torch steady.

The focus has now shifted from big swings for capital growth to something a little more… sensible. Income, consistency, capital preservation.

And that’s why private credit, a once-niche corner of the market, is starting to get more airtime.

Rethinking defensive strategies to protect income: why real estate private credit is gaining ground

Persistent volatility and increased correlation across asset classes have led investors to look beyond conventional tools in search of better defensive strategies to protect income and build long-term resilience. This has accelerated interest in alternative asset classes—particularly real estate private credit.

Unlike traditional bonds, which tend to lose value when rates rise, floating-rate real estate credit adapts with the market, making it a powerful tool in modern defensive strategies to protect income.

The RBA interest rate cutting cycle paused in July despite lower inflation

Confirmation of on-target inflation and further evidence of a sluggish pace of economic growth was not enough for the RBA to lower interest rates at its 8 July meeting. It surprised economists and the market, leaving official interest rates at 3.85 per cent, just 50 basis points down from the peak. A 25 basis point cut was expected and priced into markets.

Australian real estate lures investors seeking alternative income

NIKKEI ASIA
Investors hunting for some safe haven income are turning to Australia’s growing real estate sector, boosting companies that help them direct their money into loans to property developers.

The country’s robust but predominantly inwardly focused economy, contained inflation and growing population make it a safe and stable investment destination with lower levels of volatility, according to Zagga, a player in the country’s private real estate credit market.

FY25 Performance: Growth through discipline

Our strategy remains firmly focused on disciplined, conservative growth. Safeguarding our investors’ capital is our highest priority. For FY26, our objective is to continue increasing FUM by sourcing high-quality opportunities from accredited borrowers and trusted introducers. We remain committed to innovating and diversifying how these investments are structured and delivered to best serve all stakeholders

Interest rates, inflation & what lies ahead

The Reserve Bank of Australia surprised markets and economists alike this month by holding interest rates steady, despite clear signs that inflation is returning to target levels. The decision, announced on 8 July, came as a surprise to many who had expected a rate cut, given the recent softening in inflation data. In short, the direction of rates hasn’t changed – but the timing has. The market still anticipates rate cuts later in the year, just not as soon as originally expected.

Zagga Fund Update – For the Quarter and Financial Year ended 30 June 2025

In this update, we share an overview of the current market environment and highlight how we are adapting to changing conditions while remaining focused conservative and prudent risk management.
“Zagga remains well-positioned to deliver superior performance, backed by deep expertise, a strong strategy, and proven risk management.” – Steven Levy, Executive Director

Zagga has been shortlisted for the Australian Wealth Management Awards 2025

The Australian Wealth Management Awards is an unparalleled awards program that identifies the top businesses and professionals in the wealth management profession across the nation.
“We’re honoured to be recognised alongside some of the industry’s best. This achievement reflects the hard work of our team, the trust of our investors, and our shared belief in the role private credit can play in building more resilient, income-generating portfolios.”

Why investors could turn to private credit when Division 296 tax bites

STOCKHEAD & THE AUSTRALIAN
While the government argues Division 296 will only affect a small portion of Australians, it’s clear that SMSFs – often used by high net worth individuals to manage their retirement wealth – will feel the brunt.

If the tax does go ahead, it could lead to some big shifts in how super is used, and investors are likely to look for other places to park their wealth, such as trusts or companies.

That’s where private credit, like Zagga’s core offering, could come in for these investors.

Is it time to move on from ‘Old Gold’ defensive strategies?

STOCKHEAD & THE AUSTRALIAN
Traditionally, defensive investing meant a tilt toward fixed income – bonds and cash. For more cautious allocators, it also included real assets like gold. These assets were expected to provide protection when equities fell. But that assumption has been increasingly challenged in an environment where market correlations behave differently than they once did.

One asset class rising to meet this moment is private credit. At Zagga, we see firsthand how this market is maturing, how demand is growing, and how investors are shifting their thinking.

Global issues and the domestic inflation free-fall to spark further interest rate cuts

The moderate pick up in house prices in recent months is linked to a stalling in the growth of new supply, with new listings for sale falling and immigration inflows above official forecasts in the March quarter 2025. The resilient strength in the labour market has, for now, helped to support the housing market which has been further assisted by the early effects of lower interest rates.

Invicta House rebirth proves recipe for heritage success

THE URBAN DEVELOPER
The transformation of a century-old Melbourne building—from silk merchant to police station, backpackers’ accommodation to premium commercial space—proves that heritage adaptive reuse projects are possible. The successful conversion of Invicta House demonstrates how heritage buildings can deliver viable returns when developers combine careful planning with experienced design teams and flexible funding structures.

Eight years of Zagga: reflecting on a remarkable journey

Our CEO, Alan Greenstein, takes a moment to reflect on how far Zagga has come since its inception – “None of this would have been possible without the ongoing support of our investors, the loyalty of our borrowers and introducers, the excellence of our service providers, and the deep capability and character of the Zagga team — from our Day One originals to our newest recruits.”

Dexus rides CBD rebound, as Invicta House shows heritage still pays

STOCKHEAD & THE AUSTRALIAN
While the spotlight is on the building, the real story behind Invicta’s comeback was how it was funded.

Instead of going cap in hand to the big banks, STRE went the private credit route, and that flexibility made all the difference.

“Private credit, and in particular Zagga, provided quite a compelling option for us due to its flexibility and deep understanding of construction finance,” Burrows said.

Private credit – dispelling the myths, defining the opportunity

STOCKHEAD & THE AUSTRALIAN
Not all credit is created equal and thorough due diligence is essential. But, while prudent risk assessment is essential, investors must also separate fact from fiction. In private credit, persistent myths often cloud judgement and hold investors back from otherwise sound opportunities.

Zagga bridges housing and infrastructure divide

STOCKHEAD & THE AUSTRALIAN
In today’s evolving funding landscape, banks, government initiatives, and private credit each play a vital role. While public infrastructure is best driven by government, and banks continue to support traditional home lending, private credit investment firms like Zagga offer the flexibility and responsiveness needed to fund complex mid-market projects – bridging the gap where timing, structure, or risk profile may fall outside conventional parameters.

Melbourne property market: perspectives on risk, demand and capital

Melbourne currently ranks sixth among Australian capitals in property values, trailing Canberra, Adelaide, Perth, Brisbane and Sydney. Yet, at a recent investor event hosted by Zagga, a panel of leading industry voices noted, this relative affordability presents a strategic entry point for growth — particularly given the city’s strong fundamentals and development potential.

Heritage-listed Flinders Lane office building re-opens after major refurbishment

Renovation showcases ability and agility of private credit to support commercial development as the historic Invicta House in Melbourne’s Flinders Lane officially opens this month after a comprehensive renovation and expansion breathing new life into the 100-year-old building.

Zagga retains 4-star ‘SUPERIOR’ rating by SQM Research for fifth consecutive year

The rating was awarded to the Zagga Investments Lending Trust (ZILT), which now manages over $1 billion in active loans and has facilitated more than $2.5 billion in commercial real estate lending since inception. The Trust’s performance has remained robust, with predictable, transparent, consistent returns across its portfolio. The SQM Report confirms that Zagga’s lending platform and fund structure continue to offer ‘appreciable potential to outperform over the medium-to-long term,’ and cites the team’s deep industry experience, stringent credit processes, and strong borrower relationships. The report further highlights the firm’s purpose-built platform, sophisticated risk controls, and ability to offer investors exposure to mortgage-secured, short- to medium-term loans.

Trump, tariffs, and turmoil: Why investors are seeking alternatives

INVESTOR DAILY
In buoyant times, it’s easy to overlook the role of the steady and stable parts of a portfolio – the conservative income-generators that don’t make headlines. But these are exactly the assets that provide stability when everything else is in flux. Yet the traditional 60/40 portfolio is no longer proving a robust stronghold among record volatility. Traditionally, multi-asset portfolios have relied on the negative correlation between bonds and equities for diversification. However, increasingly, we are seeing a positive correlation in public markets. The year 2022 was an extreme example, where we saw significant correlated dips in both bonds and equities, and it is what we have again seen repeated in the most recent bout of market volatility.

Concrete confidence for Australian real estate debt

AUSBIZ
Alan Greenstein, Zagga CEO & Co-Founder, points out a rising trend from public to private markets globally, hinting at Australia’s potential growth. With a new real estate credit fund in Singapore, diverse currency options and tax benefits await investors, Alan tells Ausbiz.

Sydney financier Zagga launches private credit fund

GREEN STREET NEWS
Sydney-based private credit firm Zagga has launched a new Singapore fund to tap into the growing Asian capital appetite for private lending on Australia commercial real estate, Green Street News can reveal.

Labor re-elected as low inflation opens the door for RBA rate cuts

Given current economic conditions, there is near unanimity that the RBA will resume its interest rate cutting cycle on 20 May with further interest rate cuts expected over the following 12 months. Low inflation, a soft economy and signs of a weakening in the labour market are all factors that has markets pricing in a cash rate below 3 per cent in the first half of 2026, down from the current 4.10 per cent.

Walking the regulation tightrope in private credit

STOCKHEAD & THE AUSTRALIAN
With ASIC shining a light on fast-growing private markets, finding the sweet spot between regulation and investor protection is critical explains Alan Greenstein, CEO and co-founder of specialist real estate private credit investment manager Zagga.

Inside the shift from 60/40 to private alternatives

FEAR AND GREED
Sean Aylmer speaks with Tom Cranfield, Executive Director at Zagga, about the rise of real estate private credit as a defensive asset. Tom explains how tighter bank lending has opened opportunities for alternative lenders, offering stable returns and low correlation to public markets. They also look at the growing role of private credit in portfolio diversification, particularly in the face of volatility on equity markets.

As markets zig about, private credit player Zagga delivers stability for investors

STOCKHEAD & THE AUSTRALIAN
With market volatility on the rise, investors are increasingly prioritising steady returns and capital preservation. Zagga’s conservative real-estate backed lending aims to offer exactly that. But as capital pours into the sector and headlines follow, it’s becoming increasingly clear: not all private credit strategies are built the same.

The escalating tariff war threatens Australia’s recovery

Global investors and policy makers continue to assess the extent of the negative impact of US President Trump’s tariff policies. It is likely to remain a moving feast in the months ahead with some retaliation and adjustments to the tariff plans seemingly inevitable. One thing where there is unanimity is the effect of the tariffs – negative for international trade and global economic growth. The major uncertainty is the extent of the fallout.

Private credit steps up: Backing Australia’s housing push with smarter capital

Explore how policy tailwinds and market demand are aligning to make private credit a smart play in Australia’s evolving real estate landscape.

An election, a steady budget, low inflation and signs of a weaker labour market

The impact of the budget on macroeconomic conditions is broadly neutral, which was confirmed with the muted reaction in financial markets to the budget. The pre-conditions are in place for the RBA to deliver further interest rate cuts but the timing of the next rate reduction is, at this stage, open.

Industry says further disclosure, not overregulation, needed in private markets

SUPER REVIEW
The consensus among alternative investment managers and the broader industry is that an added regulatory impost would stifle returns in private markets.

Strengthening defences: What’s next for private credit?

FS SUPER
With unrest and uncertainty rippling through markets and shaking investor confidence, we have seen a surge in private credit’s popularity – offering potential for reliable, steady income, protection against inflation, and diversification away from public markets. As this growth continues, private credit is set to become an even greater focus for investors, borrowers and regulators.

Diversify to defend wealth amidst rising volatility

Traditionally, multi-asset portfolios have relied on the negative correlation between bonds and equities for diversification. Yet, increasingly, we are seeing a positive correlation in public markets. 2022 was an extreme example, where we saw significant correlated dips in both bonds and equities. With current heightened volatility in global markets, investors need true diversification and downside protection via uncorrelated asset classes.

Diversify to defend with Australian Real Estate Private Credit

As public markets fluctuate, the need for portfolio resilience and alternative income sources has never been greater. This has driven institutional and high-net-worth investors to seek diversification in uncorrelated asset classes, such as real estate private credit.

The increasing appeal of Commercial Real Estate Debt in defending investment portfolios

THE AUSTRALIAN
Just as corporate bonds provide an alternative to buying shares in companies, CRED provides exposure to the property market without needing to own the assets. However, unlike bonds, which depend on the yield curve, CRED offers a contracted return from day one.

Softening rates and effect on income investing

AUSBIZ
Alan Greenstein, Zagga CEO & Co-Founder, joined Ausbiz to discuss how declining interest rates are shaping private markets and what this means for both investors and borrowers.

RBA starts an interest rate cutting cycle as disruptive US policy changes are rolled out

Despite the RBA commentary, financial markets are continuing to price in further interest rate cuts with a cash rate of approximately 3.40 per cent factored in by the first half of 2026. Softer economic data out of the US in recent weeks has helped reinforce the market pricing for lower interest rates.

Industry calls for clearer disclosure, not overregulation, in private markets

INVESTOR DAILY
“I don’t think more regulation is going to necessarily improve the outcome of the performance and all that will do potentially is erode returns.”

ASIC Releases Discussion Paper on Private Markets

FIXED INCOME NEWS AUSTRALIA
The Australian Securities & Investments Commission has released a discussion paper on the dynamics between public and private markets.

Longo puts private market operators on notice

INVESTOR DAILY
ASIC has warned private market operators as it moves to expose the opaque market to greater transparency.

Australia’s private credit market poised for further growth

SUPER REVIEW
Despite easing rates, the Australian private credit market is poised to continue attracting investors seeking stable, income-generating alternatives to traditional fixed-income assets.

Why Australia’s private credit market is set to keep thriving

INVESTOR DAILY
Despite global uncertainty, Australia’s private credit market is predicted to see strong growth in 2025, fuelled by business lending and attractive returns, as the Reserve Bank’s cautious rate cuts support continued demand.

Understanding defensive investments: A Q&A with Zagga

Can defensive investments protect your portfolio and provide stability? Zagga’s Director of Investment & Risk, Tom Cranfield, shares the strategies and opportunities you need to know about.

An RBA interest rate cut looms as President Trump assumes office

The important news in the first month of 2025 centred on a further sharp deceleration in inflation, the full pricing in of a series of interest rates cuts from the RBA and the start of the Trump Presidency in the US.

The other major issue to unfold in Australia is falling house prices at a national level, but it remains the case that market conditions are uneven from city-to-city…

Understanding the Australian housing shortage

Explore the causes of Australia’s housing shortage, its impact on the economy, and potential solutions for individuals to address this pressing issue.

Zagga Fund update – period ended 31 December 2024

We are very pleased to report that all Funds across the Zagga portfolio have performed very well for the period ended 31 December 2024.

Foresight Analytics assigns a ‘Very Strong’ rating to Zagga CRED Fund

FORESIGHT ANALYTICS
ZCF has been assigned a VERY STRONG rating indicating a very strong level of confidence that the manager can deliver a risk-adjusted return in line with its investment objectives. Foresight Analytics & Ratings designation as a COMPLEX product indicates that the underlying assets require specialist investment skills to acquire, manage and monitor.

2024 ends with the RBA getting ready for an interest rate cut but not just yet

A busy 2024 ended with the RBA holding official interest rates where they started the year – at 4.35 per cent.

Why commercial real estate debt is gaining traction in Australia’s private debt market

Explore the world of commercial real estate debt in Australia. A strategic allocation to private commercial real estate debt: A pathway to defensive returns

What’s next for Australian real estate private credit?

Discover the intricacies of real estate private credit in Australia. This article explores the recent growth of this alternative asset class and offers valuable insights into the future of real estate private credit.

The year in review. A reflection on 2024

CEO & Co-Founder, Alan Greenstein, reflects on 2024, the challenges and opportunities for the Australian economy and the private credit sector, and what these mean for our clients.

Private credit: bridging the gap in sustainable housing

AUSBIZ
Tom Cranfield, Director, Investment & Risk, joined Ausbiz to discuss the critical role private credit plays in financing sustainable housing and tackling Australia’s housing supply shortage.

Exploring opportunities and challenges in a dynamic market

Insights from industry experts on navigating a shifting economic landscape at a recent Zagga Fireside Chat where the panel discussion centered on the topic “Adapting to change: The opportunities and challenges for developers and investors in a shifting economic landscape”.

Agile financing fuels private credit growth

THE URBAN DEVELOPER
The commercial property market has become a cautionary tale for many investors as they turn to private credit as an alternative pathway to property, writes Tom Cranfield, Director, Investment and Risk.

Inflation slumps but RBA postpones interest rate cuts as Trump’s Presidential win muddies the water

The RBA has now held official interest rates steady for more than a year despite the substantial fall in inflation, the weak economy, the slowing in wages growth and the flood of interest rate cuts around the world.

Cautious investors turn to private credit as alternative pathway to property

YOUR INVESTMENT PROPERTY
With the commercial property market facing challenges, private credit is becoming a smart way for investors to still get good returns while avoiding too much risk.

Zagga partners with Jamie Durie for Avalon Beach home

THE TIMES
Leading boutique private credit investment manager, Zagga, has partnered with award-winning, celebrity landscape designer, Jamie Durie, on his latest project, a luxury home set to be one of Australia’s most sustainable builds.

Zagga partners with Jamie Durie on Australia’s most sustainable luxury home

THE REAL ESTATE CONVERSATION
Zagga, has partnered with award-winning, celebrity landscape designer, Jamie Durie, on his latest project, a luxury home set to be one of Australia’s most sustainable builds.

Tough choice for self-funded retirees – term deposits or private credit

THE GOLDEN TIMES
With many economists expecting the Reserve Bank to start cutting interest rates in early 2025, returns on term deposits could feel the pinch. Private credit is an alternative, but those pursuing this investment option will need to do their homework – thoroughly.

Maximise and defend returns: Investing in private real estate credit in Australia

Private real estate credit in Australia offers a unique investment opportunity for investors looking to diversify their portfolios, access defensive assets, and achieve attractive risk-adjusted returns. With the market for private credit continuing to grow, and non-bank lenders becoming more prominent, this asset class represents a valuable addition to a well-balanced investment portfolio.

The benefits of private debt: Beyond traditional investment

Discover the intricacies of private debt, its role in the Australian market, and how it can benefit your investment strategy. Explore the advantages and risks, and learn how Zagga can help in your investment journey.

Don’t throw baby out with bathwater, non-bank lenders urge

THE URBAN DEVELOPER
Zagga Director, Frank Hageali says the growth of the non-bank lending sector warrants a framework. He says it could include accreditation, compliance, CPD and education, regular communication of industry related matters to members, membership, committees and potential rating systems.

Some tentative signs of a recovery as inflation continues to ease

The last month has seen what might be called “green shoots” of an economic recovery in Australia, aided by an easing in cost of living pressures as inflation has retreated towards the RBA target band.
It is important to note that these encouraging signs are from a weak starting point – it is too early to be confident of a meaningful economic recovery, but it is encouraging to see some better news.

An opportune time to rethink asset allocation

Private credit can avoid the volatility often seen in public markets for products such as bonds – which are extremely sensitive to interest rate movements and sentiment – instead, providing a predictable income stream based on the loan’s interest rate and duration.

Alternative real estate investments in Australia: Unlocking opportunities

Looking for higher returns and diversification? Dive into alternative real estate investments in Australia – discover new opportunities & explore how Zagga can help you build a stronger portfolio.

Commercial real estate debt opportunities in Australia

Unlock attractive returns in the Australian commercial real estate market. Explore debt opportunities, market trends, and how Zagga can help investors achieve their financial goals. Contact us today!

The CRE debt market

Despite playing an important role in the property ecosystem, CRED is often shrouded in myths and misinformation. Here, we help you master the CRED market, busting myths, understanding the role of alternative lenders, and providing tips and tricks on navigating this growing asset class.

Before and after: ‘Australia’s worst house’ gets jaw-dropping makeover

DOMAIN
This sad wreck of a terrace house in Sydney’s Redfern, abandoned by its owner, then occupied by a squatter and, as a final insult, set on fire, was once labelled ‘Australia’s worst house’.

Zagga expands its global footprint

SELFMANAGEDSUPER
Zagga has achieved an increased global presence with the registration of its CRED fund as a foreign investment trust in Japan. The development means the Fund will now be available for Japanese investors seeking exposure to the Australian real estate private credit sector and the benefit of its characteristics, such as providing increased diversification, delivering a strong source of income and enhancing the defensive component of a portfolio.

The economic slowdown is hitting unemployment. Interest rate cuts are priced in

In summary, economic growth in the Australian economy remains weak, the unemployment rate is rising, wages growth is slowing and inflation is falling back towards the RBA’s 2 to 3 per cent target. The interest rate hikes since May 2022 are working.

Zagga CRED Fund registered as a Foreign Investment Trust in Japan, expanding access for global investors

The Zagga CRED Fund is now available for investment by wealth advisors in Japan, catering to the increasing demand among investors for alternatives that provide stable returns and serve as a hedge against market volatility. This expansion underscores Zagga’s commitment to offering its innovative investment solutions to a broader audience.

Zagga sees investment channel expand to Japan

INVESTOR DAILY
According to the non-bank lender, this “significant milestone” will assist a growing cohort of Japanese investors seeking exposure to Australian real estate private credit for its income-generating, diversification, and defensive characteristics.

Real estate private debt in Australia

Real estate private debt can offer unique benefits, for both investors and borrowers. For income-seeking investors, the offer of attractive, reliable and risk-mitigated returns backed by a tangible, real property asset can be a compelling investment case.

Financing future homes: solving Australia’s housing shortage with private credit

YOUR INVESTMENT PROPERTY
The Federal Government is acutely aware that property prices are a simmering intergenerational issue and while ‘build more homes’ seems like a sensible solution, the reality is achieving this goal is more difficult than the campaign slogan sounds.

An opportune time to rethink asset allocation

SELFMANAGEDSUPER
Private credit can avoid the volatility often seen in public markets for products such as bonds – which are extremely sensitive to interest rate movements and sentiment – instead, providing a predictable income stream based on the loan’s interest rate and duration.

Navigating the Rise of Australian Commercial Real Estate Debt: Opportunities and Insights

INVESTOR DAILY
Explore the dynamic and rapidly evolving world of Australian commercial real estate debt in this webcast featuring Zagga Director, Tom Cranfield.

Zigging & Zagging with Tom Cranfield

NO HAIR, JUST FINANCE
Zagga has carved a niche in the finance industry by providing innovative lending solutions that resonate with today’s challenges. Tom will share insights into what makes Zagga stand out in the competitive finance landscape, discuss the current economic environment, and share a few ‘war stories’ from the field.

Inflation, interest rates and rising unemployment – the hot topics in the year ahead

In what could turn out to be an unwelcome tension in the economy, the weak economy continues to underpin a lift in the unemployment rate, while the pace at which the rate of inflation is falling is slower than the RBA would like.

Our FY24 results

Our FY24 numbers are in and we are incredibly proud of the result delivered through much hard work by our exceptional team across five locations and the support of our investor and borrower clients.

Economic uncertainty prevails on the back of general weakness

The broad economic themes that kicked off 2024 remain in place, with economic weakness, unemployment moving higher and inflation set to fall to the RBA’s 2 to 3 per cent target.

How to access private debt investment opportunities in commercial real estate

Explore private debt investments as a stable and credible alternative to traditional methods. Learn how to access investment opportunities in commercial real estate debt, understand risks, and potentially boost your portfolio returns. Contact Zagga to discuss your options.

Strategic shifts: The growing allure of Australian real estate private credit

Recently returned from a trip to a number of SE Asian countries, Zagga CEO & Co-Founder, Alan Greenstein, shares his thoughts on the increasing appeal of Australian real estate private credit among family offices in the Asia-Pacific region amidst global economic shifts and how this alternative asset class can be an attractive option for both foreign and local investors.

Navigating the maze: Active management vs. passive exposure in alternative investment strategies

Australian investors seeking alternative investments? Explore active vs. passive investment strategies and discover why real estate private credit fund might be worth considering.

Zagga to fund development of sought-after Rose Bay project

THE URBAN DEVELOPER
The Vue le Pont development is a multi-level building designed to the highest standard, with views of Sydney Harbour, the bridge, and the city. It is expected to garner appeal from locals, expats, and high-net-worth international buyers, who are looking for ‘lock-up & leave’ right-sized product situated within the local neighbourhood.

Risk and return in private credit: the key questions to protect investors

The Australian private credit asset class has become increasingly popular among investors, so it’s no surprise that the number of investment managers in this space has grown to meet the demand. One of the appealing aspects of debt-based investments is the ability to provide capital protection by holding a registered mortgage security over a real asset.

Interest rates pressured by inflation as the economy slows

The past month was dominated by news of weaker economic growth, a still fragile labour market and an upward blip in inflation. There was no surprise when RBA left interest rates steady at 4.35 per cent after its June meeting, meaning there has been no policy change since the last rate hike in November 2023.

Celebrating seven years of consistent returns

We have grown from an idea into an independent alternative investment manager focused on commercial real estate debt. Looking ahead, we are excited about the opportunities available to us, and our ability to originate secured investments, underpinned by high-quality commercial real estate assets, with strong, credible counterparties, offering consistent returns.

Banks’ pullback from offices, hotels opens door for non-bank lenders

FINANCIAL REVIEW
With developers knocking on their door for finance, Zagga CEO and co-founder Alan Greenstein said the group’s aspirations were to “slowly and carefully” double its funds under management to about $1.5 billion and attract a deep pool of funders. “Non-bank lenders have carved out a space for themselves in the market by offering a highly credible solution,” Mr Greenstein told The Australian Financial Review.

Diversification and defence: A look at alternative investments against traditional assets

Learn how alternative investments like commercial real estate debt can complement traditional portfolios for less volatility and more reliable income

Feeder funds vs. direct investments in Australian commercial real estate private credit

Explore feeder funds vs direct investments in real estate private credit. Diversify your portfolio by investing in this growing asset class – discover the best approach for you.

Credit, investment and property risk outlook – June 2024

The Australian property market continues to deliver stable results in most jurisdictions despite the higher cost of living currently being experienced by many Australians… The construction sector remains tight with pressure on supply-chains relating to materials and labour evident, however we are seeing trends suggesting we are at, or very close to, the top of the price-hiking cycle.

Private credit improves SMSF portfolios

SELFMANAGEDSUPER
SMSF investors can access private credit opportunities through the Zagga CRED fund, which is a unitised version of the Zagga Feeder Fund. The underlying investments for the offering are high-quality, mortgaged-secured loans in the commercial real estate sector.

Unemployment rises and the economy remains weak

Markets are volatile. Weak economic conditions and falling inflation has rekindled expectations of interest rates cuts in Australia and much of the industrialised world in coming months… The next readings on inflation and unemployment will be critical in the timing of those cuts.

Why the capital stack is vital in commercial real estate

Debt is one of the most fundamental layers of the commercial real estate capital stack. Explore the nuances of the different layers of debt and equity to understand the important role of debt in the overall capital stack.

The crucial role of debt in the capital stack for commercial real estate projects

Debt is one of the most fundamental elements of the commercial real estate capital stack. Explore the nuances of the different layers of debt to understand the role it plays in the overall capital stack.

Could this be the answer to the housing crisis?

FEAR AND GREED
Australia is still in the midst of a housing crisis. House prices have risen for 15 consecutive months. Rents are soaring. Demand is outstripping supply. Alan Greenstein talks to Sean about the potential for private credit to make a difference to the housing crisis.

Slower growth confirmed as the housing shortage intensifies

The Australian economy has continued to track at a low growth rate with inflation continuing to ease. As a result of these trends, the RBA has moved to a clear neutral bias dropping the ‘next move is likely to be up’ comments at its March meeting.

Credit, investment and property risk outlook

NSW continues to grapple with a significant housing shortage. Economic forecasts project a substantial increase in population over the next five years, further exacerbating the current housing situation… Looking forward, we remain buoyed by the market opportunity for us to fund many future projects.

Commercial real estate debt funds: An alternative strategy for income-seeking investors

Explore commercial real estate debt funds – an alternative investment option that can provide regular income and capital preservation benefits, all secured by Australian real estate. Invest via a real estate debt income fund for professional management and diversification benefits. A credible alternative for income-seeking investors.

CEO’s Update: March 2024

As we step into the second quarter of 2024, it’s imperative to reflect on the economic landscape that shaped the preceding months. In Australia, the first quarter of 2024 was marked by a blend of optimism and caution, as various sectors navigated through both challenges and opportunities. Among the focal points of discussion was the state of commercial real estate debt (CRED), a critical component influencing the overall economic outlook.

The need to rethink portfolio asset allocation during periods of economic uncertainty

Sick of riding the ups and downs of the sharemarkets? Explore alternative asset classes for stable, risk-adjusted returns, diversification and capital preservation. Learn about private credit, alternative real estate investing and more.

The Zagga Investments Lending Trust retains SUPERIOR rating by SQM Research

SQM RESEARCH
The Zagga Investments Lending Trust rated 4-star, SUPERIOR rating for fourth year running.

Interest rates are still expected to fall,
but RBA says ‘not yet’

While there remain reason to be cautiously optimistic about the outlook for the economy later in 2024, the RBA needs confirmation that inflation is tracking towards the mid-point of its 2 to 3 per cent before moving to cut rates. This is likely to come the next quarter or two as the current sluggish growth dampens the pricing power of business and with that inflation is driven lower.

Diversifying for success: Why alternative investments matter in your portfolio

Discover the strategic significance of alternative investments in achieving a truly diversified portfolio. Explore the key benefits and challenges of diversification, and learn how incorporating alternative assets can enhance your risk-adjusted returns.

Insights from PERE Asia Summit 2024

Current economic, real estate and investment trends driving the discussions at the PERE Asia Conference underscore the promising outlook for investors in private credit. The appealing fundamentals of Australia, coupled with the preference for fixed income strategies and low volatility, highlight the need for private credit to be a key component of every investor’s portfolio.

Housing challenges and solutions: A current outlook

We recently shared news that our very own, Frank Hageali, Zagga’s Director, Property & Risk, has been appointed a member of the Property Council of Australia’s NSW Precincts Committee. As part of this new appointment, we asked Frank to share insights on the topics dominating media headlines: housing challenges, affordability issues, construction challenges and effects of inflation.

Real estate debt emerges as key alternative strategy for year ahead

THE URBAN DEVELOPER
As risk-averse banks pull back from lending, a significant opportunity is rising for developers and investors.

Investing in alternative assets: Resetting asset allocations in a post-COVID world

Over the past four years since COVID, alternative investing has undergone a noteworthy expansion, particularly within private portfolios. This blog aims to delve into the democratisation of access for investors and the evolving role of alternative assets in diversified portfolios.

More weakness in the economy as calls for interest rate cuts grow

There are reasons to expect a better second half of 2024 for the economy: Income tax cuts will take effect from 1 July 2024, the prospect for interest rate cuts, rising real wages and a positive wealth effect for households from housing and the strength in the stock market.

Credit update and outlook

As we approach the end of the interest rate rising cycle, we are seeing various indicators stabilise, including building materials, supplies, and stock. This is a positive sign that the market is adjusting, and we are closely monitoring these trends.

CEO’s Update: Welcome to 2024

For Zagga, the year has begun, much like it ended, with a spate of activity. It was very pleasing, during the final quarter of 2023, to see several extended loans discharging, offering an opportunity for investors to re-cycle their money into fresher opportunities. We look forward to this trend continuing through 2024, as the industry implements solves for the various factors that caused these delays.

The economy remains weak as unemployment rises

Cost pressures, labour costs and the interest rate hiking cycle have been headwinds to the sector in 2023. For 2024, with cost pressures easing and the labour market problems abating, the sector is poised for a stronger 2024 and 2025.

2024 Economic Forecast

“It’s going to be a tough first half of 2024, I think, for the economy. But when we get to the second half, the tax cuts that we’re hearing so much about, will come through. If we get interest rate cuts and inflations under control, then the second half of 2024 will be a better year for the economy. And we could even have a pretty strong outlook for 2025.”

What are first mortgage investments?

In today’s multifaceted investment landscape, sophisticated investors are seeking alternative investment opportunities which provide a more attractive return for risk proposition with lower volatility than what is currently available in the public markets.

What to expect for the economy in 2024

2023 ended with a clear and marked slowdown… The key issues early in 2024 will be the extent of the fall in inflation – if it falls earlier and more aggressively than the RBA is currently forecasting, the start of the interest rate cutting cycle will be brought forward to the first half of the year.

CEO’s Update: Wrapping up 2023

At Zagga, we are pleased to have successfully navigated the turbulent waters of the past 12 months… We close 2023 with a sense that economic and market conditions overall will start to improve, with some sunlight now peeking through the clouds… We look forward to the continued support of all of our stakeholders as we sail into 2024. We are ready for whatever the conditions might be.

The dynamics of private debt investing:
Providing a defensive investment option for income-focussed investors

Zagga explains the mechanics of this alternative asset class, which can serve as a defensive investment option for income-focussed investors.

Navigating Commercial Real Estate Debt

How reputable finance brokers select the right investment managers for their clients in times of uncertainty In the Commercial Real Estate Debt (CRED) sector, stakeholders

Unveiling the Zagga CRED Fund: A CREDible unitised fund alternative for private debt investors

A new unitised fund – An alternative investment option for income focused investors that provides equity like-returns with debt security.

Why do private lending and non-bank lending exist?

Why is there a market for private lending and non-bank lending in Australia? Who is it for and what are the risks of private and non-bank lending?

RBA hikes rates despite slower growth: House prices momentum is slowing

House prices continue to rise at a solid pace with the strong demand / weak supply dynamics still at play… but the largest cities continue to register large price increases. Since the low point early in 2023, house prices have risen 8 per cent to be at a new record high. Importantly, auction clearance rates have turned down from the mid 2023 peak, while at the same time new listings of properties for sale are rising as sellers take advantage of what are positive issues for them to list their property.

Demystifying private debt: separating fact from fiction – Part 2

In the second part of this series ‘Demystifying Private Debt: Separating Fact from Fiction”, we aim to debunk common myths and provide clarity, drawing from our team’s combined experience in credit, property, private debt and investment management.

Rifts in the construction sector: How savvy CRED investment managers manage risk

Following a spate of builders collapsing, it’s crucial for investors to seek experienced CRED investment managers to protect and grow their capital.

A guide to income investing: Understanding different investment options that generate passive income

A guide to income investing: Understanding different investment options that generate passive income.

House prices remain strong, as inflation continues to ease

One of the key issues for the Australian economy in 2023 has been the strength in house prices… The end point… is that house prices are set to rise by 10 per cent in 2023, not fall 20 per cent, as the demand and supply dynamics underpin prices across all capital cities and in many regional areas. From an economic perspective, this is good news.

Oil prices shock the world as the economy continues to slow

These events have had a significant impact on global financial markets which have reaction by pricing in a higher probability – but not a certainty – that official interest rates will need to rise further to squash any re-emerging inflation pressures while at the same time, expectations for interest rate cuts have been dramatically scaled back.

Demystifying private debt: separating fact from fiction

In this series ‘Demystifying Private Debt: Separating Fact from Fiction”, we aim to debunk common myths and provide clarity, drawing from our team’s combined experience in credit, property, private debt and investment management.

Understanding the capital stack: A comprehensive guide for all commercial real estate investors

The Capital Stack: A comprehensive guide for all Real Estate Investors. The importance of understanding both sides of the real estate coin.

Reflecting on Zagga’s journey since 2017

As we look to build on the foundations established since 2017 and to grow our business, we remain committed, not only to sourcing top quality alternative investment options from our accredited borrower clients and trusted introducers, but also to innovate and diversify the manner in which these can be structured and delivered to best effect and to meet the expanding requirements of our broad investor base.

New unitised private debt fund released

SELFMANAGEDSUPER
Boutique investment manager and non-bank lender Zagga has launched its initial unitised private debt fund aimed at providing investors with access to an asset class that can operate as a hedge against the rising interest rates currently pervading the Australian economy.

Zagga launches unitised CRED fund in response to adviser demand

INVESTOR DAILY
Boutique investment manager and non-bank lender Zagga has announced the launch of its inaugural unitised private debt fund, the Zagga CRED Fund (ZCF). According to the firm, given the asset class’ ability to serve as a robust hedge against rising interest rates, the fund presents as a compelling alternative for advisers aiming to increase their clients’ allocation to private debt in the current inflationary climate.

Zagga launches the Zagga CRED Fund, offering another CREDible alternative for advisors

Boutique investment manager and non-bank lender, Zagga, announces the launch of its inaugural unitised private debt fund, the Zagga CRED Fund (ZCF). The introduction of this unitised fund underscores the growing appetite among financial advisors and wholesale investors for fixed-income investment alternatives.

Stepping up for people living with cerebral palsy

This STEPtember, the team at Zagga are proud to be joining a community of over 120,000 Australians moving together to drive meaningful change for people with cerebral palsy. Our aim is to move 10,000 steps – or its equivalent – per team member, per day for the full 30 days! It’ll be a worthwhile challenge knowing we’re fundraising to support people with cerebral palsy.

The power of CRED: Can commercial real estate debt provide a solution to the housing shortage?

Commercial Real Estate Debt (CRED) plays a pivotal role in the world of real estate investment. It’s a financial instrument that allows investors to participate

Slower growth and lower inflation point to interest rates on hold

The 1.2 million dwelling target would mean…. just under 20,000 private sector dwellings per month every month for five years on average… a major positive for the construction sector with an extended upswing.

General Market Overview

Zagga’s general market overview provides insights into the Official Cash Rate, Inflation, Population & Employment, and Housing.

Unpacking the benefits of alternative real estate investments: A powerful tool for income-focussed investors

In the currently inflationary environment, individuals are rightfully seeking avenues that can offer stability in volatile markets, portfolio diversification and capital preservation opportunities as well as a hedge against rising interest rates and inflation.

The Fall in Inflation is Confirmed – The Economy Drops Back a Gear

Strong demand from rapid population growth in concert with limited supply because of relatively soft rates on new dwelling construction are seeing house prices continuing to rise. The price increases are across all capital cities and are extending to most regional centres.

Maximising potential: Why alternative investing in a CRED property fund makes sense

More Interest Rate Hikes As The Economy Slows

While there remains clear evidence of the economy slowing, Stephen Koukoulas, Zagga’s Economist ‘in residence’, also acknowledges the positive trends currently coming to light: “House prices are… stronger, being in the early stages of a cyclical upturn with a surge in demand for housing coming from sharply higher immigration and supply being constrained by low levels of new dwelling construction.”

Can You Benefit From Property Investment Without Buying A Property?

The answer is YES. There are more ways to gain exposure to property than simply buying into it. Debt-based real estate investments have grown in popularity and availability in recent years due to a number of factors.

Population Boom Fuels A House Price Rebound

House prices are rising. This has a range of important implications particularly when it comes to the cost effectiveness of new construction and the medium term outlook for the dwelling sector. If what we are seeing on house prices is the early stages of a price uplift, even of moderate proportions, the incentives for builders moves in favour of new construction.

Zagga’s Economist ‘In Residence’

Introducing Stephen Koukoulas We are thrilled to announce that we have engaged Stephen Koukoulas, a renowned economist, past Chief Economist of Citibank and Senior Economic

Inflation Starts To Fall As The Economy Slows

With official interest rates nearing their peak, having been hiked 375 basis points since May 2022, the Australian economy is slowing.

Zagga’s Lending Trust Retains SUPERIOR Rating by SQM Research

The Zagga Investments Lending Trust rated 4-star, SUPERIOR rating for third year running.

ESG IS NOT ONE SIZE FITS ALL

Different businesses will have different environmental impacts, and there is no single approach to addressing these impacts that works for everyone.

Zagga ESG Roundtable

Environmental, Social and Governance (ESG) considerations have become increasingly important in the investment industry over the past few years. To try and better understand the

Update By Alan Greenstein

Australia has lots to offer to CRED investors and Zagga has carved its niche amongst the Australian non-bank lenders and alternative asset managers.

The Big Squeeze: Why Australia Is Facing A Persistent Housing Shortage

While headlines may suggest the property market is falling, the bigger picture suggests that over time, the market is remarkably resilient.

A Fundie On The ‘Macro’

ETHIUM WEALTH
Zagga CEO spoke with Michael Downing from Ethium Wealth and shared his thoughts on the macroeconomic environment

Zagga Expands Team; Builds Human and Intellectual Capital

As part of our growth journey, and in adding to our pool of deep experience and multi-disciplinary knowledge, we are pleased to announce new appointments to the Zagga team.

Former World Economic Forum Exec Joins as Chair of ESG Committee

We are pleased to announce that Nikki Kemp has been appointed independent Chair of the Zagga
ESG Advisory Committee.

Fear and Greed Interview with Sean Aylmer

FEAR AND GREED
Alan Greenstein talks to Sean Aylmer (Fear and Greed) about the wild ride for parts of the property market, and where he sees the opportunities for investors in the midst of a global inflation storm.

1,000 Million “Thank You’s” for a $1B Business

Sydney, 1 December, 2022 – Zagga, the boutique investment manager and non-bank lender, has surpassed the $1 billion originations milestone with record originations growth in

Why does a gap exist between bank and non-bank funding?

Prospective investors into this growing asset class often ask the question –

Why does a gap exist between bank and non-bank funding? If these loans are creditworthy, why would the banks not fund them?

How Much Do You Trust Artificial Intelligence?

NEST EGG
Marketplace lender, Zagga, recently partnered with UTS to design a machine learning algorithm that predicts investor behaviour to shorten the matching process. But what ramifications will artificial intelligence have on the investment sphere?
Nest Egg sat down with Zagga CEO, Alan Greenstein, to learn more about the project and AI in the world of investing.

Japanese Crowdfunder Partners With Marketplace Lender

MORTGAGE BUSINESS
“We’re very pleased to be embarking on the next phase of our growth journey with Crowd Bank, and continuing to support Australian businesses with flexible funding to help them realise their own growth objectives.”
Alan Greenstein, added that the alternative investment platform has been seeing particular growth from small businesses over 2020, as “more businesses turned to alternative finance due to banks effectively closing their doors to many of their existing clients, including small businesses”.

Japan’s Crowd Bank Backs Zagga Business Lending

AUSTRALIAN FINTECH
Japanese crowdfunding platform Crowd Bank is venturing into the Australian small business lending market, tipping A$50 million into Zagga, a marketplace lender set up in 2016. Since its launch, Zagga has originated almost $400 million in loans across more than 100 transactions, the company said in a statement yesterday outlining the deal with Crowd Bank.

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