much on references to primary sources . please improve this by adding secondary or tertiary sources . october 2012 learn how and when to remove this template message ahl investments pty ltd aussie type private company founded 1992 headquarters sydney australia area served australia key people john symond executive chairman and founder james symond chief executive officer services mortgage broking home loans personal loans credit cards insurance website http www.aussie.com.au 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 . 1 as of april 2012 update aussie reported a loan book under management of over a 42 billion through 750 brokers and 150 stores . 2 on 18 december 2012 cba increased its share of ownership to 80 % . contents 1 history 2 acquisition 3 products and services 4 advertising and sponsorship 5 leadership 6 references 7 external links history edit the firm was founded as aussie home loans on 17 february 1992 3 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 . citation needed . in 1994 the firm introduced the securitisation of home loans allowing them to offer loans upwards of 3 % cheaper than its competitors . citation needed the company rapidly grew as consumers became aware of its products and banks were forced to copy its methods as their market share diminished . citation needed the company re positioned itself as a mortgage broker in 2002 and introduced its own credit card shortly thereafter . 4 in august 2008 the commonwealth bank acquired a 33 % stake in aussie . 5 acquisition edit in february 2009 the firm acquired wizard home loans . 1 the deal saw the loan book expand to more than a 31bn . aussie also acquired wizard s franchise distribution network including over 100 retail outlets and 200 brokers . a further acquisition was made in july 2012 of national mortgage brokers nmb which added a stand alone wholesale aggregation channel of 200 broker businesses and loan book of 8.5 billion dollars thus taking the total loan book under aussie group management in excess of 50 billion through 950 brokers . products and services edit aussie s accredited mortgage brokers represent 18 home loan brands including all four major australian banks and also offer their own suite of loan products including home loans personal loans credit cards and insurance . brokers are independently contracted to the firm and are paid on a commission only basis . citation needed advertising and sponsorship edit in 2009 following its acquisition of wizard home loans aussie took over wizard s sponsorship of the rugby league s new south wales state of origin team for the next two years and also inherited the sponsorship of collingwood football club in the australian football league afl . both deals lasted two seasons 2009 2010 before aussie withdrew . 6 7 in 2002 the firm purchased naming rights to sydney football stadium in a five year plus five year deal with the stadium renamed aussie stadium . 8 on 7 july 2007 the stadium reverted to its original name after the firm and the scg trust mutually elected not to extend the deal . 9 leadership edit as of march 2015 update john symond the founder is executive chairman with his nephew james symond also a founding member and chief executive officer . references edit a b cba buys 2.25 b wizard mortgages from ge . sydney morning herald . 24 february 2009 . retrieved 18 august 2011 . aussie sales jump in last quarter aussie home loans 17 april 2012 in your interest . sydney morning herald . retrieved 17 august 2011 . about us . aussie . archived from the original on 21 july 2011 . retrieved 18 august 2011 . commonwealth bank make strategic investment in aussie commonwealth bank 29 august 2008 canning simon 2 august 2010 . blues jersey beckons for the next lucky sponsor . the australia . retrieved 18 august 2011 . canning simon 30 july 2010 . collingwood dumped as aussie deserts elite sport sponsorship . the australian . retrieved 18 august 2011 . renamed stadium is dream realised for aussie s symond . b & t. retrieved 18 august 2011 . the world of rugby league https web.archive.org web 20121102031440 http www.rleague.com content article.php id 28594 . archived from the original on 2 november 2012 . retrieved 18 august 2011 . missing or empty title help external links edit aussie home loans aussie personal loans commonwealth bank takeover interview on abc inside business how aussie john symond broke the mould retrieved from https en.wikipedia.org w index.php title aussie financial group & oldid 739242165 categories financial services companies of australiahidden categories pages with citations lacking titlespages with citations having bare urlsarticles lacking 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