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Brokers in the crosshairs of a royal commission

by James Mitchell8 minute read
Brokers in the crosshairs of a royal commission

A slew of inquiries in the past few years have seen broking come under the microscope, but what the ongoing inquiries and royal commission have focused on is testimony from the lender and aggregator heads. Wanting to get what the industry really thinks, The Adviser asked brokers what they make of it all.

Those of you that read The Adviser’s online edition on 16 August 2012 would have come across a headline that read “Low doc ‘scandal’ sparks political storm”, a news story in which a minor political party called for a probe into Australia’s sub-prime mortgage market.

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James Mitchell

AUTHOR

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

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