![]() | This article has multiple issues. Please help
improve it or discuss these issues on the
talk page. (
Learn how and when to remove these template messages)
|
Wayne Ormond | |
---|---|
![]() | |
Born | |
Nationality | Australian |
Occupation | Chief Executive Officer House Call Doctor Pty Ltd |
Years active | 2004-2024 |
Known for | Founder and former Executive Chairman Refund Home Loans |
Wayne Ormond (born 15 July 1973[ citation needed]) is an Australian entrepreneur and businessman. He is the CEO of House Call Doctor, an after-hours doctor service. He previously founded Refund Home Loans, a mortgage broking service.
Ormond grew up on his family's cattle property in Far North Queensland. [1] After finishing high school, Ormond worked with local businesses.
At age 21, Ormond moved to Brisbane to begin a career in property sales. For the next seven years he worked with two major property companies, becoming the group managing director for four Raine & Horne real estate franchises. Ormond then worked at Suncorp Metway in Brisbane.[ citation needed]
Ormond established Refund Home Loans in 2004. [2] Refund Home Loans was an Australian mortgage broking service. It conducted its business through the company's mobile Franchisees and provided its customers with a share of the mortgage broker's commission. Ormond expanded into other services, including Refund Financial Planning, Refund Real Estate, Refund Property Investment and Refund Finance & Leasing.[ citation needed]
In 2009 and 2010, Ormond's companies and Ormond himself were mentioned in Australia's Business Review Weekly magazine including Fast Franchise, [3] Fast Starters [4] and the Young Rich List which features the top 100 wealthiest under 40s; in 2009 Ormond was listed at number 74. [5] In 2009, Ormond was listed as Queensland's richest bachelor. [1] Ormond appeared on SBS's Insight program when the topic of discussion was intelligence. [6] [7]
In October 2009, the Australian Competition & Consumer Commission ("ACCC") commenced proceedings against Refund Home Loans and Ormond over accusations they breached the Trade Practices Act 1974. [8]
In 2010, Refund Home Loans and Wayne Ormond admitted to making false and misleading statements about a non-existent agreement with the ACCC [9] and the court ordered injunctions restraining such misrepresentations in future, issuing of corrective statements and a mandatory implementation of a compliance program including specific training for Mr. Ormond.
In October 2011 the company went into voluntary administration, and was acquired the following year by Homeloans. [10] The shell of the former company was placed into liquidation a month later with debts of over AUS$20 million according to the liquidator. [11]
This article needs additional or more specific
categories. (January 2024) |