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Leading mortgage broker Aussie Home Loans has opened eight new stores in Queensland, following a rise in Aussie stores' provision of home loans to $3.61 billion to Queensland and Northern Territory customers.
The eight new stores are located in Cleveland, Moorooka, Everton Park, Bulimba, West End, Nambour, Mermaid Waters and Springfield Lakes.
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According to Aussie, strong performance in Queensland has lifted total store numbers from 37 to 45, with a total of 120 staff now employed by Aussie in Queensland and the Northern Territory.
The brokerage has said it has more store openings planned for the current financial year, with the new stores expected to generate $320 million in home loan settlements in 2016-17.
“We are building momentum in the Queensland market and crucial to our expansion is a strong retail presence with our Aussie stores," said Aussie chief executive James Symond.
“The key to our growth in the state is having a strong retail footprint in high profile locations, with our focus for growth in the new financial year to be Noosa, Kawana and Buderim, while we are looking to expand our presence in Cairns, Brisbane, Toowong and Oxley.”
[Related: Brokers' role demystified in $25m national marketing campaign]
