It has been an eventful year for brokers - and the broader financial services industry - with numerous investigations taking place to identify how competition and lending practices can be improved. The Adviser looks back at the biggest events that shaped the Australian mortgage industry in 2018.
January to June 2018
After the Royal Commission into Banking, Superannuation and Financial Services Industry claimed in a paper that 12 per cent of submissions were related to the conduct of mortgage brokers, Queensland broker Nicki McDavitt notified The Adviser of a flaw in the royal commission’s form.
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