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Four Tasmanian franchises have set a new settlement record over the last financial year for Aussie Home Loans.
The 14 brokers of Aussie Burnie, Aussie Kingston, Aussie Launceston and Aussie Moonah together settled 1,100 home loans worth $300 million during the 12 months to 30 June 2015 – a 24 per cent rise on the 2013-14 financial year.
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Aussie Home Loans CEO James Symond said that while Tasmania has a far smaller number of stores compared to other areas in Australia, the four stores are rivalling their Sydney and Melbourne counterparts.
“Even when you compare their results to our stores in the thriving markets of Sydney and Melbourne, they still hold their ground. Launceston and Moonah settled the fourth- and sixth-highest number of home loans respectively out of any Aussie store anywhere in the country – now that’s impressive,” he said.
Aussie Moonah was also recently named Office of the Year – Franchise at the 2015 Australian Broking Awards, an initiative of The Adviser.
Mr Symond said Aussie’s market share in Tasmania is much greater than any other state or territory, and there is plenty more room for growth.
“We are actively looking to expand our team in Tassie so we can give the other states and territories an even bigger run for their money, as well as provide more people and communities with Aussie’s award-winning, free home loan advisory service,” he said.
[Related: Aussie expands lender panel]
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