Powered by MOMENTUM MEDIA
the adviser logo

Latest Comments

The law should be changed so that clients can agree to pay the clawback if they trigger a clawback without involving...
Clawback can stay wi...26 May 2022
Hi Paul - As a Broker, I check with the clients if the loan was written by a broker before refinancing and mention...
Hari Jassal26 May 2022
Agree 100% Sylvia. Im female and have been a successful broker for many years now and I dont remember my gender having...
KP26 May 2022
well deserved Paul. All the best in your new role, you have been a great state manager over the years for...
Michaela McDonald26 May 2022
Reforms made by the Labor Party in 2010 cracking down on mortgage exit fees led to clawbacks. Don't hold your breath on...
Michael26 May 2022
Be careful. No argument from me about seeing the clawback go. However, not at the sacrifice of any upfront or trail...
Oscarh26 May 2022
what broker engages in churning loans, due to clawback? It doesnt happen. Its a falicy.
Brado26 May 2022
The solution to reducing clawback is dropping upfront commission, i bet most wouldn't support that?
Anonymous26 May 2022
I think you answered your own question. You should do what is the best for the customer, then they stay for many years...
Anonymous26 May 2022
This needs to be addressed ASAP and needs to be the number priority of the MFAA ; FBAA and all aggregators. We are...
Anonymous26 May 2022
Finally, someone is talking common sense. I don't believe in churning, however the lenders are greedy when it comes to...
Anonymous26 May 2022
Take away the cash back offers, and take away the incentive to refinance. I was in Lending during all of this, and the...
Anonymous26 May 2022
mmmm....I have been broking for 19 years.....when I started back in 2000 (22 years ago) to try and become a broker - I...
Anonymous26 May 2022
Instead of penalising honest brokers for their clients decisions (either to refinance or sell their home) aggregators...
Mary Grant26 May 2022
i did 3 loans for 2 brothers on high rates a few months ago because it wouldnt service with any better rate banks, then...
Damien25 May 2022
The banks are actually creating the churn with the cashbacks, so I say no claw back makes more sense.
Fed up with lenders ...25 May 2022
It makes perfect sense. The lenders are taking advantage of the clawback policy by offering up to $4000 without...
Anonymous25 May 2022
Finally some sense in this discriminatory action by all banks. Only 8000 workers in Australia work with the threat of...
JG25 May 2022
Clawback never had anything to do with customers....it has always been about lenders having their cake and eating it...
Reality25 May 2022
lender cashback offers is right, we have had 14000 clawed back because of this just in the last 3 months. Imagine a...
Paul25 May 2022
As a female in this industry for over 18 years I am a little perplexed that women are still painted as victims. I have...
Sylvia25 May 2022
I'm a Broker and I believe it should - only for 6-12 months. 24 months is ridiculous. Something needs to be in...
Phil Boyle25 May 2022
What a croc. If a female broker is any good, she will be successful; just as a male would. Some of the best Brokers in...
ML25 May 2022
This article still doesn't answer the question I raise every time this topic comes up. What do women perceive as the...
GP25 May 2022
is this really a thing.... I have been a broker for 25 years and have never experienced gender bias. it is not an easy...
Donna25 May 2022
I think the only thing this survey shows is how our associations are failing, it's up to them to champion how great it...
Anonymous25 May 2022
Brokers ( Men & Women) choose a career for many reasons. It could be being your own boss, income, working hours,...
Rhonda25 May 2022

Latest Comments
default
TheAdviser logo
default

MORE FROM THE ADVISER

Mark hewitt

AFG GM to join MFAA board

Mark Hewitt, general manager, industry and partnership development at Australian Finance Group (AFG) will commence as...

READ MORE
Possibl co founders

Early commission payment loans open to full broker market

Following its launch of an early commission payment product to brokers using the effi platform, cash-flow solutions...

READ MORE
David Keeling

Grow expands structured finance, appoints senior partner

According to Grow Finance (Grow), David Keeling’s appointment, which commenced on 11 April, is part of a broader...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more