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Aussie Group ended 2014 on a high with December seeing its largest ever volume of monthly home loan settlements achieved.

Home loan settlements for Aussie and its wholesale aggregator, National Mortgage Brokers (nMB), reached a record just shy of $1.8 billion for the last month of the year; over $150 million above the previous Group record set in May 2014.

Executive Director of Aussie, Mr James Symond, said “Ending the year with our best settlement result in almost 23 years of business is a great reward to our brokers and the wider team after what was our biggest year yet.

“We are on track to achieve our first $2 billion settlement month which I believe we will hit before the end of this financial year,” he added.

“Both Aussie’s retail and mobile broker channels topped their previous records; with the retail channel in particular performing exceptionally well at almost 10 per cent higher than its previous best month. It’s exciting when I think how much the Aussie Group has grown in the short amount of time since we expanded into retail and acquired nMB,” he continued.

“December was also our best month for conversion across the Group since January 2014. This tells me that we are on the right path and making the right moves by continuing to focus on working smarter and investing in the things that will deliver real results for our franchisees and mortgage brokers,” he added.

“This has set our brokers up for a running start to 2015. With several Aussie stores opening over the coming months and our ongoing search for committed people to join the Aussie and nMB teams, I expect this upwards momentum to see us through the second half of the financial year”, Mr Symond concluded.

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