News
Previous News Items
- Rich getting richer, meager leftovers for the poor: ABS
- 'Commendable' franchisee support for sinking Refund Home Loans
- Don't take SMSF lightly warns non-bank chief
- Brokers ‘critical’ says Suncorp, as Steven Heavey takes up top job
- ANZ tips double rate cut over next six months
- Connective passes pricing power to brokers
- Tony MacRae the new Westpac broker GM, as Huw Bough returns to RAMS
- 'Incentivised inefficiency' prompts fixed-fee legal service
- Westpac offers $1,000 cash back for new home loan applications
- 'Maturing landscape' the backdrop to new LJ Hooker Finance/ AFG partnership
- Risk-averse Australian investors settle for lower returns – global survey
- Share market concerns 'coaxing' FHB, investors back into market
- Nervous borrowers cling to fixed rate steadiness - ING Direct
- If not so serious Big Bank Switch would be a joke - AFG
- Ballast: Few boundaries between broking and financial planning
- Another key LoanKit BDM appointment in Victoria
- Brokers will not lose out in One Big Switch deal says MEZY chief
- Take ASIC seriously warns aggregator
- Financial planners not a threat to brokers - Liberty Network Services
- Rainy days no washout for mortgage holders says market leader
By Tim Neary
October 6, 2011
Peter Bromley
LJ Hooker Finance's head of finance Peter Bromley has said the Australian lending landscape is maturing, as it embraces a new competitive lending era.
His comment comes in the wake of the signing of LJ Hooker Finance's new aggregation agreement with AFG.
The move will provide LJ Hooker Finance with reach into every state and territory, and complements the renewal of the agreement it has with PLAN.
Bromley said to be competitive brokers need to have access to the best range of products and services.
"Brokers can now join LJ Hooker Finance, whether they are an affiliate with PLAN Australia or AFG. This will significantly support and galvanise LJ Hooker Finance's growth strategies."
He added that LJ Hooker Finance's overarching strategy is to ensure that there is a broker aligned with each of LJ Hooker's 550 real estate offices around Australia.
Mark Hewitt, GM at AFG said to be selected as a preferred partner by an organisation of the reputation and professionalism of LJ Hooker Finance is a strong endorsement of AFG's service offering.
"We are very much looking forward to helping LJ Hooker Finance achieve its growth goals," he said.
Trevor Scott, PLAN Australia CEO said LJ Hooker Finance and PLAN Australia enjoy an excellent partnership which has seen both businesses enjoy solid growth over a long term.
"As consumers embrace the move to a licensed industry, we expect increased consumer support of mortgage broking will deliver strong growth to recognised brands such as LJ Hooker Finance.
"PLAN Australia is happy to support LJ Hooker Finance in capitalising on this growth," he said.
Related Stories
SMSF "very lucrative" says Loan Market's Sam White - Opportunities abound for brokers that embrace the self-managed super fund lending area, Sam White has claimed
Exit fee ban helping non-banks - The DEF ban has given the non-bank lenders a leg up in the mortgage market, an industry expert has said.
 |
 |
| Phone (02) 9939 8771 |
