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With regards to the issue that "Discharge times need to be regulated", both Anja Pannek (MFAA) and Peter...

geoff@joslanfinance....●4 Dec 2023

MFAA urges Senate to look at discharge times

I wouldn't think we need to do a class action.... the Law is the Law and ASIC is supposed to be the watchdog and keep...

Phil●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Let's hope that one month's upswing in residential building approvals continue as there is a lot of ground to catch up...

THERESEKEYNOTE@GMAIL...●1 Dec 2023

Returning ‘stability’ sees dwelling approvals rise: Broker

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Hey Phil, maybe brokers should launch a class action based on those laws? That would be interesting? Might never get to...

petles●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Brokers consistently express frustration regarding clawbacks, and with good reason. This contractual provision is...

Phil●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Very True Marty... Refer to my post in this thread on clawbacks breaching legislation in regard to Standard form...

Phil●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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I Agree Mike- refer to my comment below...

Phil●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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A further comment! Whilst upfront incentives to lure customers have come and gone, did any bank claw back those upfront...

This email address is being protected from spambots. You need JavaScript enabled to view it....●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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How would that work? How do you actually prove churn, let alone cancel an accreditation over it. Surely BID takes care...

AnonMB●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Yes Adam, the size of the pie does not change, which also means the value of brokers' work does not change so if you...

This email address is being protected from spambots. You need JavaScript enabled to view it....●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Another example of a bank rewriting history to suit their current agenda. Clawbacks originally were supposed to...

MikeC●1 Dec 2023

‘If you don’t have clawback, you have to take from upfront’:...

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The problem is the bank's pie keeps getting bigger and the broker's pie keeps getting smaller. So let's get real and...

petles●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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So - proprietory staff get paid less, if a loan is repaid/refinanced within 18 months? I don't think so. I think...

Gordona●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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As margins rise for banks in this environment and all the majors continue to make bigger profits the CEO of NAB...wants...

AnonMB●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Ha Ha! While you and the other Banks make Billion Dollar Profits, can afford to pay cash backs? Do your in house...

glenn.rowan@finsure....●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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I hear Ross's comment & views around changing the current structure of abolishing clawback which is right as a...

srakheja●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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An alternative is to suspend or cancel broker accreditation for those that churn. Have the good brokers sign consent...

greg@davieshomeloans...●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Interesting considering they had no issue with giving away many thousands of refinance cash back bonus/payouts. I feel...

jameseaves@smartline...●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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I continually hear this argument of it costing the banks money through upfront commissions to put the loan on their...

This email address is being protected from spambots. You need JavaScript enabled to view it....●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Expressing concern over the notion that advocating for the elimination of clawbacks would lead to reduced commissions...

Phil●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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I would think with a 98 NPS score and 70% + Broker usage in the broker sector we can confidently agree that the broker...

Marty Vidakovic●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Ha, Ross, if you decide a career change, stand up comedian is probably the way to go for you mate..

david.dacosta@ratemo...●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Here is the real question that Ross needs to answer whilst he spends his time deflecting away. Essentially we all...

This email address is being protected from spambots. You need JavaScript enabled to view it.....●30 Nov 2023

‘If you don’t have clawback, you have to take from upfront’:...

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Statements around the comparison between renting and buying seem very irresponsible to me. From time to time, we see...

Gordona●29 Nov 2023

1/3 of homes cheaper to buy than rent: PropTrack

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I've always been wary of AMP since they rewrote one of my loans internally and clawed back my commission. Clearly still...

izuman●28 Nov 2023

Association heads respond to AMP move

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JFTB here I’d say!

bwire●28 Nov 2023

UFinancial names new managing partner for Qld

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AMP have a well-documented history for this type of action, bait and switch??? Where the problem can come in is under...

AnonMB●28 Nov 2023

Broker clients reeling as lender slashes discount rate

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Adam, congrats on the new appointment, please don't tinker around the edges of CB's. If you really want to be the bank...

AnonMB●21 Nov 2023

NAB ‘reviewing’ clawback position: Adam Brown

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It is in the best interest of the customer to provide them a loan that will be approved, and is not unsuitable to their...

kris.may@mortgagecho...●21 Nov 2023

CBA has ‘turned its back’ on brokers: FBAA

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Mackkiwi,- your comments are very insightful and true. I'll use some of your content when writing to Treasury about the...

Phil●21 Nov 2023

BID stopped churn, clawbacks must go: Broker

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