Competition and Consumer Protection Law
Discussion of Competition and Consumer Protection Law issues
Friday, 31 May 2019
Why Kenneth Hayne got it wrong on loan brokers
Excellent article focusing in the competitive detriments of banning mortgage broker commissions - ie they will hinder the ability of smaller lenders to sell their loans. NB I am not entirely impartial on this issue as I sit on the MFAA's Disciplinary Tribunal.
https://thenewdaily.com.au/money/finance-news/2019/03/15/mortgage-brokers-commission-hayne/
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