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Video podcast: What’s Making Headlines – Are clawbacks out of control?

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The frustrating reality of having hard-earned commissions ripped away for reasons entirely out of your control has been the bane of the industry for years, but the fight to make them fairer has come back into the spotlight again.

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Join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian as they review the news of the week.

 
 

The team looks at the FBAA’s recent submission to government flagging how clawbacks might amount to an unfair trading practice, One Nation’s proposed 30-year government-backed mortgages, and the latest levy costs from ASIC.

This week, they discuss:

  • How the FBAA is taking the fight over “unfair and inequitable” lender clawbacks directly to Treasury.
  • Why the MFAA is demanding that home lending be placed at the very front of the government’s new digital identity rollout.
  • The looming 17 per cent surge in ASIC levies that is set to hit credit intermediaries and aggregators where it hurts.

And much more!

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