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Aussie (financial group)
Aussie is an Australian retail financial services group with operations spanning all mainland capital cities and major regional centres throughout Australia. The Commonwealth Bank (CBA) is an 80 per cent shareholder in Aussie.〔 , Aussie reported a loan book under management of over A$42 Billion through 750 brokers and 150 stores.〔(Aussie sales jump in last quarter ), ''Aussie Home Loans'', 17 April 2012〕 On 18 December 2012 CBA increased its share of ownership to 80%.
==History==
The firm was founded as Aussie Home Loans on 17 February 1992 by owner and executive chairman John Symond. The company was unique in its approach to home loans, offering 24 hours a day service and lower interest than loans offered by banks. . In 1994 the firm introduced the securitisation of home loans, allowing them to offer loans upwards of 3% cheaper than its competitors. The company rapidly grew as consumers became aware of its products and banks were forced to copy its methods as their market share diminished. The company re-positioned itself as a mortgage broker in 2002, and introduced its own credit card shortly thereafter.
In August 2008 the Commonwealth Bank acquired a 33% stake in Aussie.〔(Commonwealth Bank make strategic investment in Aussie ), ''Commonwealth Bank'', 29 August 2008〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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