April cash rate remains unchanged at 3.60%
Following ten consecutive rate rises, the Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.60%. Today’s decision was spurred by turmoil in global banking markets and the monthly CPI indicator showing local inflation had eased last month.
3 branding tactics used by high performing brokers
Social media Leveraging social media has become a go-to strategy for many looking to bolster their business. In much the same way that clichés are clichés for a reason, social media is highly touted because it is legitimately effective. If you do it right. There are a lot of ways that you can gain traction […]
AFG staff embark on Clean Up Australia Day effort
Staff in AFG’s head office spent a Friday afternoon in February helping create a cleaner Australia. The team of 30 participants picked up some 582 pieces of rubbish weighing 15.76kg, in North Cottesloe, Perth. The event was organised by AFG’s Green Team, in partnership with Perth NRM (Natural Resource Management) and the Town of Cottesloe. […]
RBA cash rate for March increased to 3.60%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the tenth consecutive time, this time by 0.25% to 3.60%. Despite a slightly lower inflation figure of 7.4% in January, stronger than expected January retail sales have encouraged the RBA to remain on the increase path.
Balance Sheet strength and successful diversification delivers a resilient first half
Australian Finance Group Limited (ASX:AFG) today announced a strong start to the 2023 financial year (FY23), with the benefit of its diversification strategy evident. AFG’s own lending book grew 22% on last year, while its strategic investments performed well, contributing $5.9 million or 19% of its FY23 first half profit before tax. Amidst a well-publicised […]
RBA cash rate for February increased to 3.35%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the ninth consecutive time, this time by 0.25% to 3.35%. Following a higher than expected inflation rate of 7.8% in December, the RBA continues to attempt to rein in inflation with this latest increase. If you’d like to have a […]
Interest rate increases put the brakes on lending
(ASX:AFG) Data released from Australian Finance Group Ltd (AFG) for the second quarter of FY23 shows home lending volumes are down 18.4% on the same period last year as rapidly rising interest rates impact the market. AFG mortgage brokers lodged $20.1 billion for the quarter with the biggest drops in activity seen on the […]
10 tips for high-performance brokers
Are you looking to build a sustainable, profitable business? Would you like to transition from ‘working in your business’ to becoming a business builder? To become a high-performance broker, you need to focus on yourself as an individual, the business as a separate entity, your systems and processes, and the customer experience you ultimately deliver. […]
Your guide to becoming a high-performance broker
Uncover the traits and behaviours of high-performance mortgage brokers and how you can leverage them in your career. High-performance brokers exceed expectations, grow through adversity and challenge, and push their businesses to greater success. High performance isn’t always about working harder, the high-performance broker focuses on efficiency, sustainability, and profitability. We all work differently, and […]
The Adviser Better Business Awards 2023 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/ACT Finalists Best Aggregator BDMErin Williams, AFG Best Loan AdministratorJyoti Malik, Nfinity FinancialsZakee Sheriff, Infinity Group Australia Best Regional BrokerGarry Green, Coast Finance […]