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Aussie Welcomes Commonwealth Bank of Australia’s Increased Investment


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Copyright © RushPR News 2012
2012-12-18 17:16:05 -

SYDNEY, NEW SOUTH WALES - RPR - 12/18/12 - Executive Chairman and Founder John Symond : www.aussie.com.au/about-us/meet-john-symond.htm today agreed for the Commonwealth Bank (CBA) to increase its shareholding to 80 percent, by acquiring a further 47 per cent.
John Symond will continue as Executive Chairman of Aussie and will retain a 20 percent shareholding, while continuing to be involved in the growth and direction of the company.
“We welcome this arrangement as CBA’s increased interest in Aussie is a great opportunity for the company to further accelerate our growth. We now have the opportunity to grow by investing in our product and service offerings and will remain a strong competitor in the mortgage broking : www.aussie.com.au/mortgage-broker/

channel,” said Mr Symond.
Aussie will continue to offer hundreds of home loan : www.aussie.com.au/home-loans/ options through its extensive panel of 18 lenders, as well as the range of non-mortgage Aussie products, such as insurance : www.aussie.com.au/insurance/ , personal loans : www.aussie.com.au/personalloans/ and credit cards : www.aussie.com.au/credit-card/ .
Mr Symond said “We will continue to grow our existing external business relationships with our diverse partners and establish new relationships to ensure we continue to provide a competitive and broad choice of products and services from a diverse range of business partners and lenders to our customers.
“The Commonwealth Bank will give us additional strength to grow and service our customers. We will continue to offer a wide range of options, providing consumers the best options for their needs. It’s business as usual for Aussie,” he concluded.
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Media Contact Name: Tim Allerton

Media E-mail: tallerton@citypublicrelations.com.au : mailto:tallerton@citypublicrelations.com.au

Media Phone: (02) 9267 4511

Media Web Address: www.citypublicrelations.com.au/ : www.citypublicrelations.com.au/

Company Contact Name: Fiona Hamann

Company E-mail: Fiona.Hamann@aussie.com.au : mailto:Fiona.Hamann@aussie.com.au

Company Phone: (02) 8297 0560

Company Web Address: www.aussie.com.au/ : www.aussie.com.au/



Contact information
=====================

Media Contact Name: Tim Allerton

Media E-mail: tallerton@citypublicrelations.com.au

Media Phone: (02) 9267 4511

Media Web Address: Fiona.Hamann@aussie.com.au

Company Phone: (02) 8297 0560

Company Web Address: www.aussie.com.au/ : www.aussie.com.au/




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