National

Implementing the misguided recommendation from the Hayne Royal Commission to remove trail commissions for mortgage brokers will set the Australian home loan market back 30 years and simply empower the major banks at the expense of consumers, says Finsure Group Managing Director John Kolenda....

After years of a burgeoning property market, it’s easy to become deflated by falling house prices and reduced demand, a shift that has largely been lead by the banks introducing tighter lending criteria, coupled with cautious purchasers who suspect prices will fall further.