AFG establishes new outsourced trail book marketplace for brokers
AFG has announced a new outsourced trail book marketplace for brokers through an arrangement with specialist cashflow lender and Mergers & Acquisitions advisory firm, TrailBlazer Finance. AFG Head of Sales and Distribution Chris Slater said the new arrangement follows on from a successful pilot program last year and is part of AFG’s commitment to support […]
AFG appoints Heartland Reverse Mortgages to lending panel
Australian Finance Group has today announced the appointment of specialist lender Heartland Reverse Mortgages to its extensive lender panel. AFG Head of Sales and Distribution Chris Slater said the appointment of a lender focused on customers over the age of 60 is in response to a growing need for choice of finance options for broker […]
RBA’s cash rate unchanged at 0.1% for March
The RBA met today, leaving the cash rate at 0.10%, in line with their previous guidance that they expected rates to remain unchanged for some time. The market has been speculating that rates may rise as early as late next year based on optimism around the vaccine rollout, surging iron ore prices, a strong housing […]
Brand new brand, brand new tech.
Today, we are excited to unveil AFG’s new brand design, updated logo and website, ahead of the launch of a host of new initiatives and upcoming launch of CRM. More than just a fresh new design, our new brand look and supporting campaign helps to showcase the commitment and experience of our team, our focus […]
AFG delivers record first half profit
Australian Finance Group (ASX: AFG) has today announced a net profit after tax increase of 36% to $24.97 million for the six-month period to 31 December 2020. In response to an extraordinarily strong appetite for Australian housing buoyed by government incentives to support the economy, the sector has shown its resilience and AFG has demonstrated […]
Introducing BID coaching for AFG brokers
We’re ramping up Best Interests Duty (BID) Coaching for brokers with the creation of BID Coach role to support our brokers as they implement BID measures into their business. The AFG BID Coach will work hand-in-hand with brokers to provide one-on-one coaching to ensure brokers feel comfortable through the transition. The BID Coach will help […]
First RBA meeting for 2021 leaves cash rate unchanged at 0.1%
Today the RBA met for the first time in 2021 and have decided to leave the cash rate unchanged at 0.10%. Our central bank will have been encouraged by recent better than expected unemployment and CPI numbers. It will also be keeping a close eye on rising house prices, lending growth, the continued impact of […]
Record quarter as homebuyers on the move
Australian Finance Group (ASX:AFG) has today announced a record-breaking quarter with more than $19.9 billion of home finance lodged by AFG brokers across the second quarter of the 2021 financial year. AFG CEO David Bailey explained the results: “The national figure represents an increase of 9.5% on the first quarter of the 2021 financial year […]
AFG appoints State Sales Manager for Queensland and the Northern Territory
After five years as a star performer within the AFG Home Loans business, Adam Barker has been appointed to the role of State Sales Manager for Queensland and the Northern Territory at AFG. AFG National Manager – Strategic Partners and Recruitment Them Lam announced the appointment to staff today. “By taking on the State Sales […]
AFG adds global award to trophy cabinet
Australian Finance Group has won a global award for the company’s bespoke broker learning development program and platform. AFG is one of three winners globally in the SAP Litmos ‘Lenny Awards’ in the category – Best Customer Training Program. SAP Litmos has over five thousand enterprise customers and 22 million users in more than 130 […]