Broker News - Gourmet chocolates up for grabs

Gourmet chocolates up for grabs

By AB | Wednesday, 3 September 2008

Stand a chance of winning a box of gourmet chocolates from the Blue Mountains Chocolate Company by taking part in our bi-weekly broker poll.

In a landmark move, the CBA recently acquired a third of independent mortgage broker Aussie Home Loans. Executive chairman of Aussie, John Symond, has claimed the move will not compromise the way the company does business, AB wants to know what you think:

1) Do you think Aussie can continue to be independent with a major lender on board? (Yes/No)

2) Do you think mortgage brokers can retain trust with customers if they are bought out by one of the big five? (Yes/No)

Please send your responses, along with any comments you wish to add, in an e-mail including your name, location, company name and contact details to: agnes.gajewska@keymedia.com.au
(Prize only available to Australian residents)

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Latest comments

No to both	Jennifer Smith \| 04/09/2008

There will be a perception of bias which will probably be well founded
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No - I do not think Aussie can remain unbiased	David Anderson \| 04/09/2008

CBA will definately put pressure on Aussie to direct loans to them. Why else would they purchase a stake in Aussie.
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No	Peter Allen \| 04/09/2008

For the time being Aussie may remain independant, but sooner or later the squeeze to direct an increasing flow of business to CBA in return for continued support with funding is going to happen. Simply look at the comments from Bluestone yesterday about their relationship with a Bank. Bluestone are off the air until they can secure their own non bank funding.
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Bob Floate's comment	Bob Floate \| 03/09/2008

No categorically, in both instances
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No - I do not think Aussie can remain unbiased	Janice Vella \| 03/09/2008

No - I do not think Aussie can remain unbiased due to the merger with CBA. I think Aussie have made a misttake.
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No - I do not think Aussie can remain unbiased	Janice Vella \| 03/09/2008

No - I do not think Aussie can remain unbiased due to the merger with CBA. I think Aussie have made a misttake.
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