Since its establishment in February 1992, Aussie has grown to become Australia's leading non-bank lender, with operations spanning all mainland capital cities and major regional centres.
Founder and Managing Director of the Aussie Group, Mr John Symond, continues to be the driving force behind the group, which now includes a national mortgage broking service, which includes Aussie’s own brand of mortgages (Aussie Home Loans), Aussie Home Insurance and the new Aussie MasterCard.
The Aussie group is widely credited with having introduced real competition, making home ownership more affordable by significantly reducing interest rates. Aussie has over 200,000 customers and has a loan book that is currently worth more than $18 billion. Aussie’s mobile lending and retail sales forces service new customers 24 hours a day, seven days a week.
The company has pioneered a range of innovations and competition in the Australian home lending market, which until its inception, was the sole domain of the banks.
Some of Aussie’s initiatives have included – the creation of interest rate competition; free home visits by professional loan consultants; the introduction of securitised home lending programs for the general public, through local and offshore money markets; and the same pricing for owner-occupier and investment lending.