ANZ sets up franchise network in Australia
Thursday 8 April 2004
ANZ Bank is in the process of setting up a mortgage selling franchise network in Australia.
By The Landlord
It has just appointed Steven Heavey to head its new division, ANZ Mortgage Solutions, to develop the network.Heavey was formerly at Mortgage Choice where he was responsible for managing lender partnerships and the franchise distribution chain. (Australia’s Mortgage Choice is a completely separate company from the Mortgage Choice network in New Zealand.)
The bank aims to have 15 franchises operating in Melbourne, Sydney and Queensland by July 1 and wants to expand that to 175 franchises Australia-wide.
"Franchisees will sell ANZ mortgage products exclusively, operating within a defined geographic area. They will primarily generate new customers from their own referral networks and be supported by the ANZ Home Buyer’s Line enquiries," the bank said last week.
"ANZ will provide franchisees with a complete business system including training, technology, marketing and business support," it said.
Read More - Opens in a new window
Commenting is closed
Property News
Tenancy reform submissions due March 25
Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.
House Prices
Regions lead the price growth pack
Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.
Commercial
Headwinds for the commercial market
Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.
