Executive Chairman and Founder John Symond has agreed for the Commonwealth Bank (CBA) to increase its shareholding to 80 percent, by acquiring a further 47 per cent.

John Symond will continue as Executive Chairman of Aussie and will retain a 20 percent shareholding, while continuing to be involved in the growth and direction of the company. 

In other words, our mortgage brokers will continue to sell financial products on behalf of a range of financial institutions. In fact we plan to offer our customers even greater product choices.