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Broker business absolutely critical: MacRae

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Australian Broker | 15 Mar 2012, 05:00 AM Agree 0
Westpac's Tony MacRae has declared third party brokers are 'absolutely critical' to the growth prospects of the bank over the coming year
  • Geoff - Melbourne | 15 Mar 2012, 10:14 AM Agree 0
    Why not restore our upfronts to 0.70%? We now have choice and power again. Waiting for response.
  • Country Broker | 15 Mar 2012, 10:55 AM Agree 0
    How could you go back to Westpac , first to discount trailers and up fronts , first to charge for accredation , no way. If they really want broker business bring in a fixed for the life of the relationship up front and trailer agreement .
  • JBJB | 15 Mar 2012, 12:08 PM Agree 0
    You can't reduce broker commissions by 40%, increase clawbacks to 2 years and then turn around and say how much you value broker business.
  • ozboy | 15 Mar 2012, 01:29 PM Agree 0
    Yes how about showing us your commitment instead of telling us. It doesn't matter how many times you say it we need to see some action that reinforces your comments.
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