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Australian Finance Group AFG.AX · AUD

Financials · ASX · 🇦🇺 Australia

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1.55

-1.27%

Close of 9 Nov 2026, in AUD

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About Australian Finance Group

Its shares trade on ASX under the ticker AFG.AX. It has been listed since 22 May 2015. In the fiscal year to 30 June 2026, it reported revenue before interest expense of A$1.43bn and net income of A$48.5m. At that date it held total assets of A$8.80bn and shareholders' equity of A$242.3m.

Australian Finance Group Ltd. engages in the provision of mortgage brokerage business. The company is headquartered in Perth, Western Australia. The company went IPO on 2015-05-22. The firm operates through two segments: Aggregation and AFG Home Loans (AFGHL). Its Aggregation segment includes operating activities, in which the Company acts as a wholesale mortgage broker that provides its contracted brokers with administrative and infrastructure support, as well as access to a panel of lenders. The firm receives two types of commission payments on loans originated through its network, which include upfront commissions on settled loans and trail commissions on the loan book. Its AFGHL segment offers its branded mortgage products, funded by third party wholesale funding providers (white label products) and AFG Securities mortgages that are distributed through its broker network.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Thrifts & Mortgage Finance
Listed since
22 May 2015
Employees
277

Leadership

Pay as last reported

  • Mr. Greg MedcraftIndependent Non-Executive Chairman of the BoardA$200,000
  • Mr. David BaileyChief Executive Officer, since 2018A$1.5m
  • Mr. Luca PietropiccoloChief Financial OfficerA$737,597
  • Ms. Lisa BevanChief Operating OfficerA$811,160
  • Ms. Michelle PalethorpeGeneral Counsel, Company Secretary
  • Mr. Brett MckeonNon-Executive Director, since 2019A$120,000
  • Mr. Malcolm WatkinsNon-Executive Director, since 1997A$120,000
  • Mr. Craig CarterNon-Executive Independent DirectorA$120,000
  • Ms. Annette KingNon-Executive Independent DirectorA$120,000
  • Ms. Jane MuirsmithNon-Executive Independent DirectorA$120,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
57
Environment
33
Social
53
Governance
84
Direct emissions (scope 1)
1.26 t
Energy emissions (scope 2)
115.36 t
Value chain emissions (scope 3)
1,148.75 t
Women in the workforce
47%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established market presence: Australian Finance Group Ltd (AFG) is a well-known player in the Australian financial services sector.
  • Strong network: AFG has built an extensive network of brokers, lenders, and other key partners, enabling it to reach a wide customer base.
  • Diverse product offerings: AFG offers a range of financial services including mortgage broking, insurance, and wealth management, providing customers with comprehensive solutions.

Weaknesses

  • Reliance on mortgage broking: AFG's revenue heavily relies on mortgage broking, which exposes the company to fluctuations in the housing market and regulatory changes.
  • Dependency on external lenders: As a broker, AFG is dependent on lenders for loan approvals and interest rates, which can impact its ability to offer competitive products.
  • Limited international presence: AFG's operations are primarily focused on the Australian market, limiting its growth opportunities in other regions.

Opportunities

  • Growing demand for financial services: The increasing financial awareness among Australians and their need for professional advice present opportunities for AFG to expand its customer base.
  • Technology advancements: Embracing innovative technologies such as artificial intelligence and digital platforms can enhance AFG's operational efficiency and customer experience.
  • Expansion into adjacent sectors: AFG can explore diversification by expanding into related sectors like financial planning, investment advisory, or expanding its insurance offerings.

Threats

  • Economic downturns: Any economic downturn or recession can negatively impact the financial services industry, leading to decreased demand for loans and insurance products.
  • Regulatory changes: Changes in lending regulations, consumer protection laws, or taxation policies can affect AFG's operations and profitability.
  • Intense competition: AFG faces competition from other established brokers, banks, and fintech startups, which may offer competitive rates and technological advancements.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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