Mark Bouris
Encyclopedia
Mark Bouris is an Australian businessman who is best known as the founder and chairman of 'Wizard Home Loans', Australia's second largest non-bank mortgage
Mortgage loan
A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan...

 lender behind Aussie Home Loans. He is now the chairman of Yellow Brick Road, a business which he founded in 2007.

Early life

Bouris came from humble beginnings and credits his parents George and Marsha Bouris with instilling in him the discipline and values that propelled him from the working-class Sydney
Sydney
Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...

 suburb of Punchbowl
Punchbowl, New South Wales
Punchbowl, a suburb of local government areas City of Bankstown and the City of Canterbury is located 17 kilometres south-west of the Sydney central business district, in the state of New South Wales, Australia, and is a part of the South-western Sydney region.- History :Punchbowl is named for a...

 to the boardroom of one of the world's largest companies.

Business career

Wizard Home Loans was founded by Bouris in 1996 and was sold to GE Money in 2004 for $500 million. Subsequently Wizard was sold by GE to competitor, Aussie Home Loans, for a fraction of the $500 million during the midst of the Global Financial Crisis
Late-2000s financial crisis
The late-2000s financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s...

 in December 2008. However, thousands of mortgage holders were left locked into a loan with a GE Money subsidiary that refused to pass on interest reductions but did increase interest rates in line with RBA increases.

Current business

On 18 June 2009, Bouris became the chairman of TZ Limited. Bouris wrote “I am a true believer in TZ, its technology, its people and now its working rhythms. I am excited about the future and I am privileged to be involved in what I consider to be an extraordinarily bright future for this company.”

He currently is the chairman of Yellow Brick Road which is involved in finance planning, finance advice, wealth management and home loans. Mark is a board member and supporter of the Sydney Roosters
Sydney Roosters
The Sydney Roosters are an Australian professional rugby league football club based in the Eastern Suburbs of Sydney. The club competes in the National Rugby League and is one of the oldest and most successful clubs in Australian rugby league history, having won twelve New South Wales Rugby League...

 rugby league team, in the National Rugby League
National Rugby League
The National Rugby League is the top league of professional rugby league football clubs in Australasia. The NRL's main competition, called the Telstra Premiership , is contested by sixteen teams, fifteen of which are based in Australia with one based in New Zealand...

 of Australia.

In August 2011 Mark was appointed as non-executive chairman of Anteo Diagnostics, an Australian biotechnology company that provides innovative medical diagnostic technologies.

Awards

Bouris first entered the BRW Rich 200
BRW Rich 200
The BRW Rich 200 is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth. The list is released annually during May in a special issue of the Business Review Weekly, published by Fairfax Media....

 list in 2005 and in 2007 he was included on the list for the second time.

Media personality

Bouris is well known by Australians for his personal appearance in Wizard Home Loan commercials during the late 1990's and early 21st century. Based on his high media profile, on 8 June 2009, Bouris was named as the host of the Australian version of The Apprentice
The Apprentice Australia
The Apprentice Australia was an Australian reality television series which aired on the Nine Network. It was based on NBC: The Apprentice. It first aired on 28 September 2009 at and Last aired on 23 November 2009, and features Mark Bouris, the founder and chairman of Wizard Home Loans, as the...

 to air on the Nine Network, the series aired in 2009 but only remained on air for one season. Bouris remained as host, when the spin-off series The Celebrity Apprentice Australia
The Celebrity Apprentice Australia
The Celebrity Apprentice Australia is a celebrity version of The Apprentice Australia series. It began to air on the Nine Network on 24 October 2011...

premiered in October 2011. The Celebrity Apprentice was a huge success, and often rated within the top 5 television programs of the day. In November 2011, the nine network announced that they had renewed the series for a second season to air sometime in 2012.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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