Business lending jumped 2.2% over the year, as it added an extra 50 business bankers.
Executive chair Roger Gower said he wants to grow the company to profitability and revenue north of $100m.
Banks ironically the largest non-bank lenders in the country, Lyn McMorran says.
Utilities-based software company intends to undertake a placement for institutions, followed by a share purchase plan.
While the copper tariffs will impact the two global miners, Australia will be more directly affected by the prospect of 200% tariffs on pharmaceuticals.
ACC buys up $6.7 million worth of Tourism Holdings shares, after previously selling down.
Acquisition ‘a natural progression’ of wholesale distribution deal.
Several senior executives have left the company since the new board was formed in March.
Recommendation comes despite the board saying the 45 cents a share offer undervalues the listed telco infrastructure business.
Company is also looking at certain ‘impairments’, the most notable of which is related to goodwill associated with its US business.