Under the new rules, lenders will be free to offer bigger loans to borrowers who previously couldn’t clear a hurdle requiring.
“A re-elected (Scott) Morrison government has put a lot more confidence. it’s just they can do so without having to pay.
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prime minister scott morrison has reached out to mortgage brokers across the country warning them a Bill Shorten-led government would deliver a significant blow to their industry.
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RBA governor Phil Lowe has backed the federal government's decision to hedge on scrapping commission payments to mortgage brokers.
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· Prime Minister Scott Morrison has defended allowing mortgage brokers to continue charging ongoing fees against the recommendation of the banking royal commission.
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Authorised by S. Morrison, Liberal Party of Australia, Canberra.. I shudder to think of a bigger loan, a future rise in rates and a drop in.