In this week's episode of The Weekly Investor News Podcast, Nick Bendel and Owen Davis dive into one of the hottest topics in the finance world—big banks attacking broker commissions! 💥
Commonwealth Bank and Westpac have called for a cap on mortgage broker commissions, claiming that broker pay structures are risky. But is that the whole story? Owen, a former mortgage broker himself, doesn’t hold back as he dissects the banks' motives and what this could mean for brokers, consumers, and the entire lending industry.
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