Broker

In Focus: How and why the Morrison government changed its mind on broker commissions

by Annie Kane•11:18 AM, 15 Sep 2022•3 minute read

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:

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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

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts.

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.

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In Focus: How and why the Morrison government changed its mind on broker commissions

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