Tag: AFR Banking & Wealth Summit

Banking & Finance

Mortgage broking in the eye of the storm

The Federal Government has announced that it will preserve current mortgage broker remuneration structures and override Commissioner Hayne’s recommendation to abolish lender-paid commissions in favour of consumer-based fees. The announcement has come in the midst of significant industry backlash, with economists, analysts, academics and brokers warning that the Commissioner’s recommendation – designed to protect consumers…

13 Mar 2019, by Amy Sarcevic