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Aussie Home Loans has officially launched its campaign to expand its franchise network and recruit 200 new mortgage brokers by the end of 2020.
Following its initial announcement in February, the major brokerage has officially made moves on its plans to expand the network over the next three years, including a nationwide advertising campaign and a cash flow assistance program for new recruits.
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Aussie is now looking to grow 300 retail stores nationally by 2023 and recruit 200 new mortgage brokers by the end of 2020.
The brokerage has stated that it is looking to recruit “talent from various skilled backgrounds” and has launched a recruitment campaign targeted towards executives and small-business owners who have “had time to reflect” during the COVID-19 pandemic and are “now looking for a professional change”.
It highlighted that it is willing to invest in the training of new candidates coming from different disciplines, stating that new recruits who complete the training program with Aussie will be qualified for a Certificate IV in Mortgage Broking, with the option to complete a full diploma within 12 months.
The brokerage also made a commitment to offer cash flow support to new successful recruits during their first six months, to “kickstart” their career with Aussie.
Meanwhile, the brokerage aims to attract new franchisees to the Aussie network in both city and regional locations as it works to expand the network to over 300 shopfronts.
Both programs are coupled with a national advertising campaign, one part of Aussie’s previously announced investment in technology, marketing and broker support.
Commenting on the recruitment plans, Aussie chief executive James Symond said: “Our brokers are self-employed; however, they are far from operating alone. We have always provided industry-leading training, support and mentoring to help them get their businesses up and running.
“We believe providing our newest brokers remuneration during this period will help give them the kickstart they need to become successful and long-term brokers with Aussie.”
“We’re delighted to be providing people the opportunity to gain new skills and qualifications, particularly during this time,” Mr Symond added.
The chief executive noted that the expansion decision has come amid a difficult economic climate for many small businesses as they navigate COVID-19, and hopes the plans will provide new career opportunities available for those who have been affected.
“We see there is an opportunity for executives from both finance and non-finance backgrounds, who may have recently been made redundant or stood down, to choose a new professional path,” he said.
Mr Symond concluded: “Aussie is a household Australian brand with strong partnerships and the very best people. For almost 30 years, our brand has continued to attract and retain an amazing team, and through this initiative we are investing in growing our broker network to take us into the next level, and ultimately help more Australians with their home loan needs.
“We are increasingly receiving inquiries from new and existing customers keen to take advantage of historically low interest rates and understand their options.”
