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Aussie smashes settlement record

by Staff Reporter8 minute read
The Adviser

Staff Reporter

Aussie has managed to achieve its biggest settlement day since it began keeping computerised records.

On June 30, the brokerage managed to increase its settlements by a staggering 42.8 per cent on the same day last year and grew by 10.27 per cent on the previous biggest settlement day back in March 2010.

“To be honest I think it’s our best result ever, but we can only claim it as far back as our current computerised records, without digging through paper-based archives,” Aussie’s executive director James Symond said.

“The team has worked hard to achieve this result which is a culmination of a number of factors.

“The public seems to be responding to our ‘Smart to Ask’ campaign, and we have had a successful broker recruitment campaign as well. But more tellingly, it may indicate growing confidence in the market after the most recent consecutive monthly rate cuts by most lenders.”

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