Pepper shakes $6bn

Pepper Group set a cracking pace in lending growth over the year to June 2017. Loans under management lifted 15 per cent to $5.98 billion.While it still has a slender share of Australia's mortgage mar.. read more

Wary banks one brake on AFG

A cut back in the supply of loans by banks during the June 2017 quarter for once active foreign investors trimmed the growth story for Australian Finance Group at the end of its financial year.AFG's r.. read more

Little cover for industry in levy rhetoric

The six basis point levy that has so aggravated the five banks and their industry association is ho-hum and no burden to those banks in accessing a recently cultivated corner of the capital market. read more

Sydney no stretch for IMB

Illawarra's banking champion IMB Bank is scouting for more merger partners, with the A$6 billion bank likely to consolidate on its improved reach in Sydney. read more

Paul Brock calls it quits at Kiwibank

Paul Brock, chief executive of Kiwibank, will leave at the end of the year.Profits at the bank have been constrained, and the progress of an overhaul of its core technology systems (to an SAP core, mo.. read more

Eftpos chiefs go mobile

The chief executive and one of his key lieutenants at Eftpos Payments are moving on to other ventures. Bruce Mansfield announced his departure yesterday after seven years at the helm of Eftpos Payment.. read more

IO supply choked by Westpac

Westpac, the principal industry perp regarding 'easy to obtain' and (in APRA's view) oversupplied interest-only loans has reduced the flow sharply, the bank's June 2017 quarterly update shows. read more

Auswide peers at margin options

Marketplace lender MoneyPlace is skipping along in loan originations, much of its funding flowing through its new controlling shareholder, Auswide Bank.Auswide's contribution to funding for MoneyPlace.. read more

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