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What's holding the non-majors back?

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Australian Broker | 23 Jan 2013, 08:00 AM Agree 0
Amid accusations that non-majors are failing to innovate, one industry spokesman has claimed it’s a lack of client education that’s holding back the fifth pillar
  • King Wally | 23 Jan 2013, 10:22 AM Agree 0
    You've got to think that if broker keeps going the way it's headed that the major banks will just look like the large US Mortgage Banks of days gone by, like Countrywide. What's the answer?
  • Sreve McClure | 23 Jan 2013, 01:24 PM Agree 0
    These stats blow apart the myth that the more business we give the majors, the more they will destroy us. It's fantastic news that 46% have used a broker and only 27% a branch in the past year. As brokers, thats what we should focus on. The greater our share, the less that lenders ignore us. Remember the doomsdayers (hi Max) that told us brokers couldn't compete against the big banks? We are doing great!
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