Nick Astwick, chief operating officer at Kiwibank, is leaving to join Southern Cross Health Society as CEO. Astwick has steered the bank's core consumer banking operations under one guise or another since 1996. At the Health Society he replaces Peter Tynan, who leaves after 12 years. Shareholders of DirectCash Payments, of Canada, voted by more than 99 per cent in favour of selling out to Cardtronics Holdings. This makes the latter the owner of the largest ATM fleet in Australia. ATM operator Stargroup has executed the asset sale agreement for its acquisition of Indue's services division. With the acquisition, which was announced in September, Stargroup will move into ATM switching, settlement, processing, telecommunications and reselling. The business services 70 ATM deployers operating 1700 ATMs. Stargroup is paying A$6.5 million in cash for the business. The CSIRO Innovation Fund, launched by the Australian Government yesterday, has a A$200 million funding target. The fund "will support co-investment in new spin-out and start-up companies, and SMEs engaged in the translation of research generated in the publicly-funded research sector." The fund, established as part of the Australian Government's innovation agenda, will comprise a commitment of $70 million in government funding, $30 million revenue from CSIRO program and "additional private sector investment, with a target total value of $200 million." ANZ has appointed Katharine Tapley as head of sustainable finance solutions in the bank's markets and specialised finance business. Tapley has been at ANZ since 2001, serving in various roles in markets and specialised finance. She is a board member of the Carbon Market Institute and an advisory panel member of the Australia-Indonesia Centre's Urban Water Cluster. Impaired debt buyer Pioneer Credit has finalised a new A$100 million senior debt facility with syndicate banks Westpac and Bankwest. The new facility will replace an existing $60 million facility. The company said the new facility had "substantially the same terms" as the existing facility and a lower interest rate. In April the company raised equity capital of $5.8 million.