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Swan exultant over exit fee ban 'victory'

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Australian Broker | 24 Mar 2011, 06:30 AM Agree 0
Treasurer Wayne Swan has labelled the exit fee ban as a "victory for Australian families", after it was passed into law yesterday
  • Stuart Craig | 24 Mar 2011, 12:36 PM Agree 0
    What a moron
  • Jerry Gibb | 24 Mar 2011, 12:47 PM Agree 0
    All i can say is he is a complete idiot if he thinks this is going to help. As brokers we are going to eb another looser in this battle as clients are now going to churn loans to the cheapest product everytime a lender announces a special.
  • Broker | 24 Mar 2011, 12:52 PM Agree 0
    On ya Swanny, keep feathering the majors nests, keeP them happy you may need a job with one of them one day.
  • Stuv | 24 Mar 2011, 12:52 PM Agree 0
    There is no excuse Mr Swan for disregard for commonsense and has cooked his Goose here. If we all applied the "Stupid Is, Stupid Does" approach like demonstrated with this matter we will end in the promise land of a Banana Republic.... Consumers are going to be worse off. God help us with the Carbon Tax...
  • Xavier Quenon | 24 Mar 2011, 01:26 PM Agree 0
    What an idiot that one! Bring on the next election.
  • grevan | 24 Mar 2011, 01:33 PM Agree 0
    How many borrowers have 20% as a deposit or even equity? Are they really going to move and pay LMI again just because a ban on a $700 exit fee has been introduced? God help us with this genius holding the countries purse strings.
  • Chris | 24 Mar 2011, 01:48 PM Agree 0
    Onya Swanny - buying votes again at any cost : stuffing up the finance industry
    and reducing competition instead of growing it which is what his whole scope was supposed to have met
  • Steve | 24 Mar 2011, 03:54 PM Agree 0
    That quote should say "A victory for Australian Families that hold shares in big 4 banks"
  • Damien | 24 Mar 2011, 04:28 PM Agree 0
    Should've we expected anything else from this moron and this moron governemnt???
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