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Yawn....the reason it hasnt taken off, is that few care about it, and even less see any major benefit. With all the...
Warren3 Mar 2025
Is it just me (probably) but it says that serviceability is crucial, and it took a huge hit with interest rate...
AnonMB1 Jan 1970
Oh so we are going to chat about brokers doing what is best for their clients...that will be a quick chat then what?
AnonMB1 Jan 1970
There is a new slant on clawbacks that i came across recently - that brokers are the banks retention team!  The...
Phil1 Jan 1970
Unconscionable conduct Unconscionable conduct is behaviour so harsh that it goes against good conscience. Under...
mackkiwi1 Jan 1970
Agreed ,so many ways to tackle clawbacks.Aggregators and member bodies not even thinking of this .  One way may be,...
gurdialsinghmann@gma...1 Jan 1970
Unless employed loan writers are charged salary "claw backs" when loans they write are terminated early, Fair...
This email address is being protected from spambots. You need JavaScript enabled to view it....22 Feb 2025
The aggregators agreed to these contracts in the first place. I do wonder if they pass the fair contract test...
amclean22 Feb 2025
The former liberal government legislated in the 2 year clawback period and that brokers could not seek recovery from...
brenton.moyle@finsec...22 Feb 2025
Appropriate education in this space has been a "long time coming"!  Well done CAFBA. This will certainly...
Phil22 Feb 2025
Well, aggregator white label products can start by implementing a fair (or no) clawback policy as a start - while...
scott.b@cubecentral....22 Feb 2025
is there an update to this list?  a regular weekly update across all lenders is missing - even my aggregator is not...
This email address is being protected from spambots. You need JavaScript enabled to view it....22 Feb 2025
Let’s have a serious chat about broker behaviour and churning loans during the cashback cycle
apatrick22 Feb 2025
And so here we are, seven years on from the RC that was intended to address this behaviour.  On Day One, the...
This email address is being protected from spambots. You need JavaScript enabled to view it.22 Feb 2025
Ah...no and no.
AnonMB22 Feb 2025
Same set up for branches? 
AnonMB22 Feb 2025
Bill Shorten admitted recently that the changes he and Chris Bowen made to the Financial planning Industry, killed...
Warren22 Feb 2025
By paying them more, I mean their base salary.
[email protected]...22 Feb 2025
Major banks can fix this problem very easily and fairly. Just pay your bankers more. A lot more. Take the business risk...
[email protected]...22 Feb 2025
The fact that anyone thinks a self-employed broker who pays all of their own costs, sets their own hours, gets no...
scott.b@cubecentral....22 Feb 2025
The Federal Liberal Party were in power between 2013 and 2022 and completely crippled the lending, financial advice and...
[email protected]...22 Feb 2025
Politicians have one job - Run a strong economy.  All of these measures move us towards that goal.
bkingsley@empowerwea...22 Feb 2025
AAArrrrrggg. I was wrong, not for the first time. Here's hoping the next move isn't up...YIKES!
AnonMB15 Feb 2025
This is an announcement for an announcements sake.  It won't make a significant difference because the statement...
chrishutton15 Feb 2025
The Treasurer’s proposal to tweak HECS assessments for home loan eligibility is another example of Labor’s classic...
Jbattaglia15 Feb 2025
I do not believe the statements like -"broker-originated home loans were 20 per cent to 30 per cent less...
Phil15 Feb 2025
Well said Peter. Yoo can't just ignore the HECS debt. It is a loan and needs to be repaid. The 3% buffer is the...
This email address is being protected from spambots. You need JavaScript enabled to view it.....15 Feb 2025
With responsible lending, we should include any debts to be repaid including HECS. But realistically, the 3% buffer in...
This email address is being protected from spambots. You need JavaScript enabled to view it....8 Feb 2025
Why not give 1st home buyers a 5cents piece each - towards their deposit? This will have about as much effect. You have...
Warren8 Feb 2025
Typical ridiculous Labor reasoning, it won't make much difference anyway.  Can we expect the same dumb logic to...
Damien1238 Feb 2025

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