AFG welcomes government’s vote of confidence
AFG (ASX:AFG) has today welcomed the federal government’s recognition of the important role mortgage brokers play in the financial sector and the support they provide to Australian homebuyers. AFG CEO David Bailey said: “On behalf of our members and AFG, we applaud the acknowledgment by the federal government that a further review of mortgage broker […]
AFG welcomes new board member
Australian Finance Group Ltd (ASX:AFG) has today announced the expansion of its board with the appointment of Ms Annette King to the AFG board as an independent Non-Executive Director. Ms King is an experienced non-executive board director and former financial services executive with extensive experience in leadership roles for large multinational companies in Australia, New […]
AFG steps up support of key
broker groups
AFG has bolstered its support of the network’s national Strategic Partner program with the appointment of Christa Malkin. AFG National Manager Strategic Partners and Recruitment Them Lam explained the appointment. “All brokerages have common problems to solve however different operating models means they require different levels of support. The AFG Strategic Partners program delivers tailored […]
AFG acquires BrokerEngine to drive further growth in the Australian mortgage broker market
Australian Finance Group Ltd has announced the acquisition of a 70 per cent stake in leading mortgage broker software business, BrokerEngine. The acquisition supports AFG and BrokerEngine’s shared mission to build technology solutions to drive business growth and enhance customer outcomes in the Australian mortgage industry. BrokerEngine is a highly successful mortgage broker workflow platform […]
AFG acquisition opens doors for brokers to diversify into asset finance
We’re pleased to announce that we have acquired a 75 percent stake in leading asset finance aggregator, Fintelligence. This acquisition represents a significant opportunity to build a fast-growing, technology-enabled asset finance aggregation business of scale. It will drive growth in AFG’s asset finance volumes, market share for the combined group, and more lender and product […]
AFG expands offering with the addition of Oak Capital
AFG has added bespoke SME non-bank lending specialist Oak Capital to its Commercial Lending panel to broaden the service capabilities of our membership across Australia. Oak Capital Chief Executive & Founder Stephen Mitchell and Head of Distribution Nick Green applauded the new alliance, which comes on the back of Oak Capital’s continued increase in aggregation […]
AFG 2021 Annual Results
(ASX:AFG) Australian Finance Group Limited is pleased to announce another highly successful year with record settlements and growth across the business fuelling a new benchmark profit. FY21 highlights• Reported NPAT of $51.3 million, underlying NPAT of $49.6 million• AFG Securities settlements of $1.35 billion in line with FY20. H2 FY21 settlements are up 35% compared […]
Brisbane Brokering a Better Future Roadshow
Once again, it was fantastic to connect with our Brisbane brokers in person. It’s been a great run of roadshows across Adelaide, Perth, Sydney and Brisbane – Melbourne; we’re coming your way soon! It’s been rewarding to see our brokers coming out in force to share insights and knowledge with their peers. It’s been terrific […]
Sydney Brokering a Better Future Roadshow
It was an outstanding turnout today in Sydney and great for the AFG team to see so many brokers in person. We hope those who attended enjoyed the chance to network with their peers, hear the inspiring stories and sage advice from our broker presenters and learn from our incredible guest speaker Michael Crossland. Our […]
Expert support for Queensland brokers
Ruan Burger, award-winning broker and former director of Queensland-based brokerage Time Home Loans, has entered into an agreement with AFG designed to help our Queensland brokers and staff with business structures, recruitment strategies, referral relationships, succession planning and growth opportunities. In his contracted role, Ruan will leverage his experience from operating two leading brokerages to […]