RichardMarlesMP My God, I’m agreeing wi Mr Pyne On banking Royal Commission legalisation changes, we must tread cautiously. As for Richard Myles and Labor, they have only agree with 76 recommendations of the Royal Commission in principle, the government has agreed to go forward and legislate all
RichardMarlesMP Cough... Cough..
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Labor softens on mortgage broker crackdown | Sky News AustraliaMortgage brokers could be spared from the impacts of the banking royal commission, with Labor also walking away from implementing Hayne's recommendation in full.\n\nLabor has backed away from its initial support on the broker crackdown and has prepared compromise options to spare borrowers paying upfront fees. \n\nLabor MP Jim Chalmers has told Sky News mortgage brokers ‘have an important role to play in the system’ and his party does not want to see an end to the business model. \n\nThe broker industry has mounted an aggressive campaign against the Hayne proposal to cut broker commissions, arguing it favours the big banks. \n\n HYPOCRITES meanwhile it was OK for the Libs and Labor to pass legislation allowing confiscation of peoples deposits in banks? Why? A lot of crooks in that industry. Need to be brought to account and punished suitably..
Source: SkyNewsAust - 🏆 7. / 78 Read more »