Pepper Money

Strong unemployment, immigration, and China reopening should help Australia avoid a recession, the non-bank lender’s chief financial officer has said.

Since 2000, Pepper Money has established itself as a dominant force in the non-bank lending market. In this time, it has serviced over 570,000 less traditional borrowers.

Home loan originations decreased at the non-bank lender in 2023 due to “intense” competition.

The non-bank lender has announced its new self-managed super fund loan offering.

The non-bank lender has announced it has priced an ABS transaction in its second securitisation for the year.

Pepper Money has started its RMBS pricing strategy strongly this year, the non-bank lender has reported.

Pepper Money Australia has priced its first residential mortgage-backed security (RMBS) for 2024.

The non-bank lender has been named as the NRL club’s major sponsor.

The non-bank lender’s latest promotion is designed to provide “unparalleled benefits” to brokers and their clients.

The non-bank lender has launched a fixed-rate mortgage that enables borrowers to break their fixed term without penalty should interest rates drop.

Cost-of-living challenges, slowing demand, and softer market conditions have dampened Pepper Money’s asset finance division; however, mortgage originations remained strong.

The non-bank lender reported a new “record” to its total loans for the 2022 calendar year.

In a discussion with Broker Daily, Pepper Money’s CEO reflected on strong half-yearly results and attributed much of the success to its investment in technology.

As of 1 July, the commercial and industrial property tax (CIPT) reforms are in effect across Victoria. These changes will make things easier for those looking to invest.