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.

An increase in the number of small businesses and sole traders is “changing the game” for brokers, according to Pepper Money.

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.