Learn about how Aussie came to be
From day one, we’ve had one simple thing to say – “We’ll save you”. John Symond meant it back in 1992 when he launched Aussie. And we still mean it today.
It’s what pushed us to do things differently, and why we were the first Australian home lenders to offer competitive interest rates and free appointments with home loan experts.
Aussie steadily expanded over the years, with interest rates that forced the banks to catch up. In 1997, Commonwealth Bank cut their home loan rates by up to 2.6% – and the other banks eventually caught on too.
In the years that followed, we took over Wizard Home Loans, and National Mortgage Brokers. And in 2008, Commonwealth Bank bought a 33% stake in Aussie – which grew to 80% in 2012 and then 100% in 2017.
Today, the Aussie loan book has reached over $60 billion and we have a large network of stores and brokers around Australia. We’ve expanded our offer too – from home loans to business loans, home and contents insurance and more. But the one thing that hasn’t changed is our commitment to give Australians a fair go.