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Firstmac calls on brokers to defeat bank oligopoly

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Miklos Bolza | 11 Oct 2016, 06:00 AM Agree 0
The non-major lender has vowed to bring greater competition against the big four banks by fighting for regulatory reform
  • Roddo | 11 Oct 2016, 09:48 AM Agree 0
    If Cannon wants to know why the Big 4 writes 80% of the business, its partly because small lenders, including Firstmac, only want to play in 20% of the business that is out there.
  • Adam West | 11 Oct 2016, 12:29 PM Agree 0
    I'm sick of seeing CBA, BankWest, & NAB top our monthly aggregator reports. Brokers came to life because consumers wanted competition, but over time all that has happened is more flow to the majors. .
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