Login
ISCOVER
Aussie Home Loans has revealed it is expanding its Western Australian presence by 40 per cent.
Executive chairman John Symond is opening four new stores this week – three in Perth and one in Albany. There are also plans to add another two stores this financial year.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
That would increase Aussie's franchise numbers in Western Australia from 15 to 21.
The group also wants to boost the number of staff and brokers in the state by 20 per cent to 125 people.
Aussie said Western Australia is generating record levels of business – the state posted volumes of more than $1.5 billion in 2013/2014, which marked an annual increase of almost 24 per cent.
Australia's biggest brokerage group told The Adviser in April that it planned to expand its national network by 25 per cent to capitalise on a market it said had never been busier.
In September, it announced plans to recruit another 200 brokers across the country, just days after posting record annual volumes of $17 billion.
Mr Symond said the plan to add more stores and brokers in Western Australia was part of the group's "aggressive" growth strategy.
"We're offering recruits attractive commission rates, industry-awarded training and a choice of financially rewarding business opportunities," he said.
"We help all our brokers – whether they come from finance or non-finance backgrounds – to build strong, successful businesses through ongoing coaching, mentoring and training in all areas of the business including sales, credit, marketing, management and recruitment."
The Aussie group, which includes aggregator National Mortgage Brokers, has a loan book of $60.5 billion.
JOIN THE DISCUSSION