Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Aussie posts $21 billion home loan record

money increase  x money increase  x
Emma Ryan 4 minute read

Aussie has finished the calendar year with a bang, announcing that its brokers posted a record number of settlements over the last 12 months.

According to the group, 2015 saw over $21 billion in settlements from its 1,350 brokers – up by approximately $3 billion from the year prior.

Aussie’s retail channel was the frontrunner for the year, recording 18 per cent growth and settling approximately $1 billion each month on its own.

The brokerage’s nMB and mobile broker channels also exceeded their previous records, while customer enquiries increased 9 per cent on the year prior.

Advertisement
Advertisement

Aussie chief executive officer James Symond said the business has never been in a better position over its 24-year history.

“For some time our view has been that the industry will continue to grow its share to beyond 60 and 70 per cent of the residential mortgage flows and these results are a further example of this trend,” Mr Symond said.

“We’re receiving record numbers of customers knocking on our door thanks to the success of our national and local marketing efforts, the matchless strength of the Aussie brand and the investment dollars we’re pouring into our products, technology, training, recruitment, support teams and projects.”

Mr Symond said he is particularly pleased about the success of the group’s retail channel.

“Just over a decade ago we didn’t even have a single store and now it’s absolutely thriving and showing no signs of slowing down as we head toward our 200th purpose-built store within the next six months,” he said.

PROMOTED CONTENT


Looking ahead, Mr Symond said Aussie has “strong plans to make 2016 another show-stopping year”.

“We’re investing more than ever in building a world-class support structure for our brokers in the field to ensure their productivity is the best it can be,” he said.

“Now really is the time to give us a call if you want to join a team or own a business in an industry and company with boundless potential.”

[Related: Elite broker targets 'aspiring Millennials' with new business]

Aussie posts $21 billion home loan record
money increase  x
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Work smarter, not harder, in 2022 and beyond, visit the website here to secure your ticket.

money increase  x

 

more from the adviser
Stephen Moore headshot

Breaking News

Brokers will dictate future of Choice, FAST, PLAN: White

After its management restructure, Loan Market Group will continue...

Peter Lock Kerry Betros Heritage

Breaking News

Heritage leaders address merger proposal concerns

The chairman and chief executive of Heritage Bank have addressed ...

uptick graph

Breaking News

Wisr reports 113% loan book growth

The non-bank lender originated a record $132 million over the las...