Australian Finance Group’s half-year financial results on Friday were a sign of the times, reaffirming the unrelenting march of the mortgage broker.
Thirty-two years after Aussie Home Loans kick-started the sector, Australian home buyers are still flocking to mortgage brokers in droves, to help navigate the complexities of the ultra-competitive home lending market. AFG provides services to 4100 of them across the country.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
