AFG reports solid quarter as majors take a tumble
(ASX:AFG) Australian Finance Group Ltd has reported another strong quarter for the company’s 3,500+ brokers with home loan lodgements up 6.9% on the same period last year. Close to $22 billion in lodgements were recorded in the third quarter of the 2022 financial year, with non-major lenders once again closing the gap on the majors […]
MFAA Excellence Awards 2022 Finalists
It’s been another outstanding year for AFG brokers nationwide, with an impressive number of state finalists in the MFAA Excellence Awards in 2022. See the list of finalists below: NSW/ACT 2022 Finalists Individual category finalists Business Development Manager Award – AggregatorHaley Bellamy, AFGDavid Vizza, AFGErin Williams, AFG Community Champion AwardNathan Smith, Birdie Wealth Newcomer AwardClare […]
Keeping consistent, RBA cash rate remains unchanged for April
The RBA has remained consistent in wanting to see a sustained period with inflation in their 2-3% target range and steady wages growth before raising the cash rate. With global uncertainties remaining and modest wage growth, expect the Reserve Bank to continue to closely monitor supply chain disruptions, increasing energy prices and global events. The […]
Support to deal with life’s challenges and a deep dive into broker business models
Did you happen to miss our March 2022 Broker Insights webinar? Check out our summary of the session! Our second monthly Broker Insights webinar for 2022 kicked off on Monday, 21 March, with a variety of essential topics for brokers. This month’s webinar featured an impressive lineup of industry experts sharing the screen. Here is […]
The Adviser Better Business Awards 2022 Finalists
It’s a testament to our brokers’ hard work and dedication that, so many, are nominated as state finalists in The Adviser Better Business Awards in 2022. See the list of finalists below: NSW 2022 Finalists Best Aggregator BDMHaley Bellamy, AFGDavid Vizza, AFGErin Williams, AFG Best Customer Service (Individual)Nicole Cannon, Pink Finance Best Loan AdministratorJyoti Malik, […]
What type of broker are you?
Before you rush off to print business cards or lease office space, you need to know what you enjoy about being a broker, what you don’t like and what value you can actually provide to your customers. In our article, we have a look at the three different types of brokers (which are by no […]
Understanding your contract
Planning a new career as a self-employed broker is an exciting time. But it’s worth taking a look at your employment contract before handing in your resignation letter. Particularly if you’re planning to live off your trail income. It’s easy to forget the contractual obligations you may have with your existing brokerage as you plan […]
The three core principles of a successful broking business
Jason Back knows a thing or two about running a successful business. After growing the Australian Lending and Investment Centre (ALIC) into one of the highest performing independent brokerages in the country, he founded the multi-award-winning mentoring business Broker Essentials. Today, Jason helps brokers across Australia establish the right systems, processes, and mindset to achieve […]
Hear from one of our rising stars
Grant Arbuckle, 31, established GA Finance in 2019 in Melbourne, Victoria, as a new broker to the industry. Before starting GA Finance, Grant worked as a Business Development Manager for eight years, before making the switch: “I made the move into finance and mortgage broking because I wanted to work one-on-one with customers at a […]
As expected, RBA cash rate remains unchanged for March
As widely expected, the RBA board confirmed today that the official cash rate would again remain at 0.10%. With inflation now within its target band of 2-3%, markets have been speculating the RBA will increase rates as early as June this year. The Central Bank will be closely monitoring for any signs of additional inflationary […]