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Commented by: Another broker too at 30 Nov 2009 12:32 PM

Yes good news! I say hopefully ! Lets see what the new regime brings. Lets hope they will strongly represent there members / brokers against the Bank''s, as I concur with the "another broker''s" comments:
Lets start with the 12 month 100% and 18 mth 50% comm clawbacks? Increased commissions from the lenders as interest rates increase ? or Increase Commissions guarantees based on the lenders failure to meet their service levels? (my way of thinking most lenders would go broke trying to meet this) Lets hope the new regime can bring some benefits back to its members, to add value $$ to their businesses rather than continually demand $$$. If you don''t have hope you have nothing !!!

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