Mortgages

ANZ sets up franchise network in Australia

ANZ Bank is in the process of setting up a mortgage selling franchise network in Australia.

Thursday, April 08th 2004

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.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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