MORTGAGE AND FINANCE LEADER: How and why the Morrison government changed its mind on broker commissions
In this exclusive interview with shadow financial services minister and former assistant treasurer, Stuart Robert MP, editor of mortgages Annie Kane finds out what the Morrison government really thought about the banking royal commission’s broker remuneration recommendations.
The former assistant treasurer reveals why the government was “uncomfortable” with brokers being included in the banking royal commission, and its reasons for scrapping its “action” on broker remuneration.
Tune in to find out:
- How Treasury reacted to the recommendations on broker remuneration
- How the broking community engaged with the Coalition government
- Why he thinks brokers are an asset to borrowers
And much more!
More on Economy
21 November 2024
After witnessing some positive trends in the offset of COVID-19, business failures across the country have picked up ...
21 November 2024
With GDP growth at just 0.2 per cent as of the June quarter of 2024, small and medium-sized enterprises (SMEs) are ...
20 November 2024
The RBA minutes for the November meeting revealed that members recognised the importance of flexibility in monetary ...