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Cheaper not better, says Ballast

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Australian Broker | 26 May 2011, 06:00 AM Agree 0
Aggregator Ballast has responded to the recent launch of NAB's UHomeLoan by arguing that "cheaper doesn't necesessarily mean being better".
  • Adam O'Neill | 26 May 2011, 06:45 PM Agree 0
    The Gen X & Y client base who tend to be computer savvy are likely to be impressed by the UBank offering. The fact that they don't deal with a “person” is unlikely to deter them.
    Brokers continue to support NAB / HSL and aid them in growing their market share yet on the other hand, they release products which cut brokers out of the equation.
    Makes you question whether supporting them long term is going to be in our best interests.
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