Aussie follows franchise path

Aussie Home Loans said it aimed to open around 50 shopfronts around Australia, in an extension of a franchising system trialled in Brisbane a few moths ago. Aussie hopes to have up to 50 franchised retail centres operating by the middle of next year. Aussie opened its first two franchises in Taigum and Sunnybank in Brisbane in July, according to the newspaper. Aussie opened two more franchises in Melbourne and Sydney after that. Aussie’ managing director John Symond told the newspaper that the firm was writing about $800 million a month in new loans.