Australian Finance Group Ltd (ASX:AFG)
A$ 1.565 -0.035 (-2.19%) Market Cap: 423.75 Mil Enterprise Value: 4.79 Bil PE Ratio: 15.09 PB Ratio: 2.23 GF Score: 62/100

Full Year 2023 Australian Finance Group Ltd Earnings Call Transcript

Aug 25, 2023 / 12:00AM GMT
Release Date Price: A$1.61 (-2.42%)
Operator

Hello. My name is Krista, and I'll be your conference operator today. At this time, I would like to welcome everyone to the investor briefing for Australian Finance Group's 2023 full year results announcement.

(Operator Instructions) Thank you. David Bailey, CEO, you may begin your conference.

David Bailey
Australian Finance Group Limited - CEO

Thanks very much. And good morning, everyone, and thank you for joining us.

I'm joined -- with me is our CFO, Luca Pietropiccolo.

And the purpose and the way this meeting will unfold is that I will -- myself and Luca will do a quick walk-through of the presentation and highlight some key points that we want to emphasize. And then we'll open ourselves up for questions.

So if I just go to Page 3 of the presentation from the starting point. And I think the thing that we wanted to sort of provide some level of context was, as you know, we're operating in a market where brokers are now writing about 70% of all residential mortgages. And the market itself is around about a $535 billion

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