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 […]
RBA cash rate for December raised to 3.10%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the eighth consecutive month, this time by 0.25% to 3.10%. Today’s increase follows speculation that rates may be starting to approach their peak with falling house prices in some capital cities, decreasing demand for credit and lower October inflation numbers. […]
RBA cash rate for November raised to 2.85%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the seventh consecutive month, this time by 0.25% to 2.85%. Today’s increase follows higher than anticipated September quarter Consumer Price Index (CPI) figures as the RBA continues to battle inflation. If you’d like to have a chat about what today’s […]
Rate rises reach tipping point
(ASX:AFG) Australian Finance Group Ltd data for the first quarter of the 2023 financial year shows the interest rate levers being pulled by the Reserve Bank of Australia (RBA) are having the desired effect with volumes down 4% on the prior period. AFG CEO David Bailey said, “Australian mortgage customers have been hit between the […]
RBA cash rate for October raised to 2.60%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.25% to 2.60%. In considering the size of the increase, the RBA board appears to be continuing to focus on reducing inflation against the backdrop of falling house prices in many areas of Australia, a weakening Australian dollar and concerns […]
As expected, RBA cash rate for September increased to 2.35%
As widely expected, the Reserve Bank of Australia (RBA) today increased the official cash rate by 0.50% to 2.35%. This brings the total of increases made since May to 2.25% as the RBA continues to battle a very stubborn inflation foe. In making this latest increase our central bank will have had a close eye […]
AFG Securities to plant a tree for every mortgage provided
(ASX:AFG) Australian Finance Group Ltd has unveiled plans to have one tree planted for each new home loan provided by its AFG Securities business, as part of its commitment toward a more sustainable future. AFG has partnered with WA-based not-for-profit Carbon Positive Australia, which will plant one tree for each home loan provided by AFG […]
AFG strengthens Strategic Partners Program
AFG has promoted Christa Malkin to National Manager of its Strategic Partners program, as part of a wider expansion and strengthening of the service offered to its larger brokerages. The program delivers tailored support to meet the needs of AFG’s enterprise-sized businesses with tools, analytics and insights to support their growth. Christa joined AFG in […]
AFG takes home Aggregator of the Year 2022
Australian Finance Group has won the Aggregator Award at the MFAA National Excellence Awards 2022. The MFAA Excellence Awards celebrate brokers, businesses, and industry professionals who are the best of the best. The Aggregator Award recognises excellence across broker support, professional development, ethics, technology, lender panel, value proposition, advocacy, and business results in 2021. The […]
RBA rises August cash rate to rein back inflation
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.50% to 1.85%. The increase follows a slightly better than expected annual inflation figure of 6.1 per cent in the June quarter and falling house prices in some eastern state cities. Balancing out these factors is an unemployment rate of […]
