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Mortgage Business
Broker market share will hit 70% in 5 years: Aussie CEO By Annie Kane 08 March 2021
The CEO of Aussie Home Loans, James Symond, has forecast that broker market share will hit 70 per cent in the next five years, as more consumers turn to brokers for credit advice.
Speaking on Mortgage Business’s Mortgage and Finance Leader podcast, the chief executive officer of Aussie Home Loans (Aussie) said that he believed the broking industry would continue to grow and “absolutely” had its best years ahead of it.
He said: “If you look at some of the challenges that we did have, just in the last 24-36 months alone, we sat here as an industry when the [banking] royal commission was going on and we’re looking at being knocked out. We were having key CEOs of big banks, including CBA, basically saying: ‘Don’t pay
MORTGAGE AND FINANCE LEADER: How the broking industry has evolved - and what s next for Aussie
MORTGAGE AND FINANCE LEADER: How the broking industry has evolved - and what s next for Aussie By Robyn Tongol 04 March 2021
Mortgage and Finance Leader gives you a unique insight into the mindset of the most influential figures in Australia s $2.7 trillion mortgage industry.
Join host Alex Whitlock as he invites his guests to open up on the biggest issues and opportunities facing the mortgage and finance industry.
In this episode, Aussie CEO James Symond looks back at the origins of the Aussie brand and how it got to where it is today, considers the evolution of the brand and the broking industry as a whole.
Major brokerage Aussie has said it will increase the number of its stores across Australia by 24 stores this calendar year, taking its franchise to a total of 244 stores. The major brokerage and
Other buyer s markets such as Mays Hill in the Greater Parramatta area had a high supply of newly built units. The higher supply of available housing in these regions was a reversal of the climate in much of the rest of the city where rampant buyer demand and plummeting listing levels have sent prices skyrocketing. Ethan Rogers and Angelique Nisbet said they got much better value in the southwest. Picture: Tim Hunter Listing levels across the Greater Sydney area were at a four-year low in December, while realestate.com.au research showed NSW buyer demand increased 53 per cent annually. The supply of available properties has been particularly low in the Fairfield region of Western Sydney, which had the bulk of the Harbour City s top 10 seller s markets , according to the Aussie research.