AFG Chair welcomes Inquiry recommendation
(ASX: AFG) Australian Finance Group Ltd Chair, Greg Medcraft, has welcomed the recommendation for a government-backed Residential Mortgage-Backed Securities (RMBS) scheme made by the House of Representatives Standing Committee on Economics inquiry into promoting economic dynamism, competition and business formation. AFG Chair Greg Medcraft thanked the Committee for the opportunity to present to the inquiry […]
AFG executive appointment
Australian Finance Group Ltd (ASX: AFG) is pleased to announce the appointment of Rebecca Gravestock to the role of Chief People Officer. Ms Gravestock joins AFG from the private sector, most recently consulting in people advisory and strategy, and leading people and culture for the region at Xero. A qualified and experienced leader, Ms Gravestock […]
AFG wins the MFAA National Aggregator Award for the second consecutive year
The MFAA Excellence Awards celebrate brokers, businesses, and industry professionals who are the best of the best each year. The Aggregator Award recognises excellence across multiple categories including broker support, professional development, technology, lender panel, broker advocacy and ethics in 2022. The national awards were the culmination of five MFAA State Excellence Awards ceremonies held […]
AFG Home Loans launches Retro Switch with low serviceability buffer
AFG Home Loans has this week launched a new mortgage product that offers a more flexible way to refinance. AFG Home Loans Retro Switch offers eligible AFG’s brokers’ customers dollar-for-dollar refinancing of a home loan, which has competitive interest rates and is assessed using a reduced 1 per cent serviceability buffer – lower than the […]
Financial year finishes on a high
(ASX:AFG) The AFG Index data released today shows the company’s network of brokers lodged $22 billion in residential mortgage finance for the final quarter of the 2023 financial year. AFG CEO David Bailey said after three quarters of consecutive falls in volume, the final quarter of the 2023 financial year lifted 15.6% on the prior […]
The Australian Broking Awards 2023 Finalists
Congratulations to our brokers who have been nominated as finalists in The Australian Broking Awards for 2023. We are proud to see you recognised as leaders in the Australian broking industry. View the full list of finalists below: Commercial Broker of The YearKatie Liu, JKK SolutionsNick Smith, Red10 Finance Finance Broker of The YearBen Robinson, […]
AFG signs alliance with Brighten Home Loans
AFG has today announced an alliance with non-bank lender Brighten Home Loans to fund a white label home loan to join the AFG Home Loans suite of products and enable AFG brokers to deliver more choice to their customers.
AFG brokers to help mortgage prisoners
Tens of thousands of ‘mortgage prisoners’ may now be able to refinance their home loans to more affordable interest rates, following the introduction of a new policy developed by Australian Finance Group Ltd (ASX:AFG). AFG has today announced a new policy enabling its brokers to recommend home loans based on lending criteria that cuts the […]
MFAA Excellence Awards 2023 Finalists
NSW/ACT 2023 Finalists Individual Category Finalists Business Development Manager Award – Aggregator Community Champion Award Customer Service Award – Individual Loan Administrator Award Newcomer Award Regional Finance Broker Award Young Professional Award Company Category Finalists Customer Service Award – Business Diversified Business Award Finance Broker Business Award QLD 2023 Finalists Individual category finalists Business Development […]
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.
