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Non-major dangles commission sweetener

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Australian Broker | 28 Feb 2013, 07:15 AM Agree 0
A non-major bank is offering a commission sweetener to brokers who hit volume targets, a move it says goes along with its plan to aggressively grow its mortgage business
  • Rex Wood | 28 Feb 2013, 08:49 AM Agree 0
    Interesting... if this were the an insurance company this would be illegal after July 1 under FOFA. How long before they wrap lending into the fold?
  • Stephen Dinte | 28 Feb 2013, 12:00 PM Agree 0
    I like ME and their offering, however Stewart needs to consider NCCP and specifically the issue of "conflict of interest". This type of promotion is potentially dangerous.
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