Brokers switch lenders for bigger commissions

by BN06 Jul 2012

Some brokers are burning the midnight oil to make up for the commission cuts seen in the wake of the GFC – but is there a better way to do business?

On Australian Broker TV's latest report, we spoke to Tim Brown of Vow Financial and James Green of Oxygen Home Loans for their thoughts on the future of commissions.

How are brokers adapting their businesses to maintain profitability? How can brokers increase their margins? And what’s the outlook for commissions as non-banks compete with the majors?

Find out on Australian Broker TV Online – your home for industry news, opinion and analysis.