FOLLOW US
Follow us!

We are a proud member of the Financial Services Online network!

Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.

Follow us on social media
Boat Loans Australia
Australian Online Boat Loan Resources
Boat Loans Australia :: News
SHARE

Share this news item!

Centuria Capital Expands Reach in Property Debt Sphere

Centuria Capital Expands Reach in Property Debt Sphere

Centuria Capital Expands Reach in Property Debt Sphere?w=400

⚠ The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Amidst a turbulent market, Centuria Capital Group has strategically bolstered its presence in the property debt market, acquiring an additional 30% stake in Centuria Bass Credit Pty Ltd.
This expansion reflects a value of $57 million, resulting in Centuria Capital Group's ownership rising from 50% to a commanding 80%.

Following a distribution cut of approximately 14% in the previous year, this financial move correlates with Centuria Capital's latest performance figures. A recent report revealed a reduction in statutory net profit after tax, descending from the previous $74.3 million down to $45.2 million. Despite market volatility, the firm's move demonstrates a robust strategy aimed at fortifying its market stance within real estate finance.

Co-CEO John McBain elucidates that the increased investment in Centuria Bass Credit aligns with the company's vision to enhance its share in earnings and cement its status as a leading entity in the realm of real estate finance. McBain conveys confidence in this asset category, aligning the company's trajectory with the growing investor demand for competitive yields and shorter fund durations.

Remarkable growth has been witnessed at Centuria Bass since its inception. Climbing from a modest $0.3 billion, the assets under management have soared to a robust $1.7 billion. McBain highlights the prospect of further diversifying their real estate debt offerings to cater to a broader investor base.

As of December 31st of the previous year, reports indicate that Centuria Bass produced an interim operating profit of $7.2 million for Centuria, based on the original half of the stake. This increased investment is expected to further cement Centuria Capital's revenue stream and establish a more dominant position in the competitive real estate debt sector.

Published:Tuesday, 16th Apr 2024
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Promoting Safe and Responsible Boating: BIA's New Initiative
Promoting Safe and Responsible Boating: BIA's New Initiative
16 Dec 2025: Paige Estritori
The Boating Industry Association (BIA) has recently unveiled a significant initiative aimed at fostering responsible boat ownership across Australia and New Zealand. This campaign, launched during Safe Boating Week 2025, is a collaborative effort under the Australia New Zealand Safe Boating Education Group (ANZSBEG), which includes maritime regulators and peak bodies from both nations. - read more
Addressing Skills Shortages: BIA's Call for Government Action
Addressing Skills Shortages: BIA's Call for Government Action
16 Dec 2025: Paige Estritori
The Boating Industry Association Ltd (BIA) has issued a compelling appeal to all levels of Australian government, emphasizing the urgent need for strategic support to bolster the nation's esteemed marine manufacturing and recreational boating sector. This call to action arises amidst a significant skills shortage that poses a threat to the industry's economic vitality and growth potential. - read more
Celebrating Marine Innovation at the Sydney International On-Water Boat Show
Celebrating Marine Innovation at the Sydney International On-Water Boat Show
16 Dec 2025: Paige Estritori
The 56th Sydney International On-Water Boat Show recently concluded after four dynamic days at Darling Harbour, drawing over 20,000 visitors and highlighting the latest advancements in marine design and technology. Presented by the Boating Industry Association (BIA) and Mulpha Events, the event featured more than 160 vessels from 120 leading international and Australian marine brands. - read more
Urgent Call for Government Support in Australia's Marine Manufacturing Sector
Urgent Call for Government Support in Australia's Marine Manufacturing Sector
30 Nov 2025: Paige Estritori
The Boating Industry Association Ltd (BIA) has recently issued a compelling appeal to all levels of Australian government, emphasizing the urgent need for strategic support to bolster the nation's esteemed marine manufacturing and recreational boating sector. This call to action arises amidst a significant skills shortage that poses a threat to the industry's economic vitality and growth potential. - read more
Australia's Marine Industry Set for Unprecedented Growth by 2030
Australia's Marine Industry Set for Unprecedented Growth by 2030
30 Nov 2025: Paige Estritori
At the 2025 Sydney Boat Show, the Boating Industry Association (BIA) unveiled the National Recreational Boating Statement, providing a comprehensive overview of the sector's current status and future projections. This landmark report highlights the substantial economic and social contributions of Australia's marine industry and outlines ambitious growth forecasts leading up to 2030. - read more
Australia Partners with Japan for Advanced Naval Frigate Program
Australia Partners with Japan for Advanced Naval Frigate Program
30 Nov 2025: Paige Estritori
In a significant development for Australia's naval defense strategy, the Australian Government has officially selected Japan's New FFM design for its new general-purpose frigate program. This decision marks a pivotal step in enhancing the Royal Australian Navy's capabilities and underscores the strengthening defense collaboration between Australia and Japan. - read more
Click for more Finance News


Boat Loans Articles

How to Improve Creditworthiness and Increase Chances of Boat Financing Approval
How to Improve Creditworthiness and Increase Chances of Boat Financing Approval
Are you dreaming of purchasing your dream boat but worried about getting approved for financing? Ensuring you have a good creditworthiness is essential when it comes to obtaining boat financing. In this blog post, we will explore the importance of creditworthiness in boat financing and provide valuable tips on how you can improve your creditworthiness to increase your chances of getting approved for boat financing. - read more
How to Avoid Capsizing Your Budget When Comparing Boat Loans
How to Avoid Capsizing Your Budget When Comparing Boat Loans
The excitement of buying a boat and the role of right financing: The dream of sailing on the open seas or cruising through tranquil waterways can be incredibly enticing. The prospect of owning a boat opens up a world of adventure, relaxation, and luxury. However, much like navigating through uncharted waters, purchasing a vessel requires sound financial planning. Choosing the right boat loan is crucial in making this dream a reality without causing a financial shipwreck. - read more
Escape the Loan Sharks: Avoiding Hidden Fees When Shopping for Boat Loans
Escape the Loan Sharks: Avoiding Hidden Fees When Shopping for Boat Loans
Welcome to the world of nautical adventure, where the allure of the sea beckons many Australians to consider the freedom and enjoyment that comes with owning a boat. The image of setting sail on the azure waters is not just a dream; for some, it's a lifestyle choice that embodies exploration and relaxation. - read more
Expert Advice: What Lenders Look for When Approving Boat Financing Applications in Australia
Expert Advice: What Lenders Look for When Approving Boat Financing Applications in Australia
When it comes to buying a boat in Australia, many enthusiasts turn to financing options to help make their dream a reality. Boat financing involves obtaining a loan from a lender to cover the purchase of your desired vessel. Whether you are a seasoned sailor or a first-time boat buyer, knowing what lenders look for during the boat financing application process can greatly increase your chances of approval. - read more
5 Steps to Ensure Fast Boat Loan Approval
5 Steps to Ensure Fast Boat Loan Approval
Welcome to our quick guide on securing fast boat loan approval. Whether you're a seasoned boat enthusiast or a first-time buyer looking to explore the waters, this article is designed for you. - read more
Tips for Getting Approved for a Boat Loan with Bad Credit
Tips for Getting Approved for a Boat Loan with Bad Credit
Having bad credit may make it seem challenging to secure a boat loan, as it can negatively impact your creditworthiness in the eyes of lenders. However, it's not impossible to get approved for a boat loan even with bad credit. - read more


Start Here

START HERE.

Loan Amount:

Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Quotes are offered free & without obligation. We respect your privacy.

Knowledgebase
Private Mortgage Insurance (PMI):
A type of insurance that a borrower might be required to purchase as a condition of a conventional mortgage loan, if the down payment is less than 20% of the property value.


Quick Links: | Boat Loans Australia | Marine Finance | Boat Financing Options | Boat Loan Rates | Boat Loan Calculator | Secured Boat Loans | Unsecured Boat Loans | Boat Loan Repayment Terms | Boat Loan Eligibility | Boat Loan Application Process | Boat Loan Interest Rates



This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
| HOME | RATES | CALCULATORS | NEWS | ARTICLES | ABOUT | CONTACT | PRIVACY | BROKERS | RESOURCES | SITEMAP |
IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.